JDS Uniphase (JDSU) revealed that it bought product design, patented intellectual property and other key assets from UK-based CPV provider QuantaSol. Financial details pertaining to the acquisition were not disclosed, but JDSU did advise that it plans to bring the new assets over from QuantaSol to the JSDU headquarters in Milpitas, California over the next six months.
The final adaptation of Italy's deficit-reduction plan has imposed further reductions on renewable energy incentives. If confirmed, the new legislation could see incentives to renewable energy companies paid for by consumers on their electricity bills slashed by as much as 30%.
Test and measurement company Atonometrics has completed the installation and qualification of a continuous solar simulator at Fraunhofer ISE. The system, located at Fraunhofer’s Freiburg, Germany facility, features an integrated I-V measurement system, which will be used for light soak tests on full-size PV modules.
Just one small euro million below the half-billion euro mark was reported by Fronius for revenue in 2010. The Austrian inverter manufacturer grew sales by 52%, compared with the previous year. Although sales in the PV inverter segment were not given separately, 2010 was characterised as a record year for inverter sales by market research firms.
The Avignonet-Lauragais solar park in the Midi-Pyrenees region of France was officially commissioned by Boralex with town and company officials on hand to celebrate. The 4.5MW solar park is the first solar farm that Boralex has completed and sits beside a 12.5MW wind farm making the Avignonet-Lauragais site one of the first mixed renewable energy spots in France.
Spanish regulators have suspended subsidies for 360 solar plants after they failed to prove their eligibility for the feed-in tariff. The sanctioning brings the number of projects punished by the regulators to 1,919 and concludes the investigation into fraudulent subsidy claims within the country’s solar industry.
Serbia will soon become the latest member of Europe’s burgeoning PV industry after state utility EPS began construction of the country’s first solar power plant. The 5MW system, located in the western Zlatibor region, is the first of 50 renewable ventures planned by EPS as it attempts to revamp the Balkan country’s energy network.
SolarWorld advised that with the sale of its shares in the South Korea joint venture module plant, the company would be focusing on expanding and improving its module production sites in Germany and the US. Financial details regarding the sale of its shares were not released, but the company advised that its Saxony, California and Oregon production facilities are undergoing expansion in order to meet growing demands. Combined, the three plants are expected to have a total production capacity of more than 1GW by the end of the year.
Leading French renewable energy producer Fonroche Energie has secured a €52-million credit line with a banking syndicate led by Credit Agricole. This finance will help Fonroche to increase its green portfolio, an expansion plan highlighted by the construction of 20MW of solar greenhouses in France.
Deutsche Bank’s 7.56MW solar park in the southeast Italian commune of Torre Santa Susanna has been officially opened. Torre Santa Susanna is one of the largest tracking solar systems in Europe and is powered by 32,202 Sanyo’s HIT solar modules fitted on Ideematec safetrack technology.
