India’s National Solar Mission has taken a major step forward by approving 35 new systems. The projects will contribute 610MW towards the government’s goal of generating 20GW through solar by 2022.
Phoenix Solar has secured two new contracts of one MWp each in Tamil Nadu and Gujarat states, India. The projects were signed with Phoenix Solar Pte Ltd in Singapore, its Asia Pacific subsidiary. Both PV projects will use thin film technologies. Both projects are scheduled to be connected to the grid by 31 December, 2011.
Kauai Island Utility Cooperative (KIUC) has joined forces with Alexander & Baldwin (A&B) for the development of a 6MW utility-scale solar PV facility on Kauai’s south shore. A&B plans to have the project developed and operated by one of its subsidiaries and will sell the power produced by the plant to KIUC under a 20-year fixed PPA agreement.
EDF Energies Nouvelles unit enXco has bolstered its solar business unit with the addtion of Kristina Peterson as VP, Damien Buie as director of solar innovation, and David Carroll as manager of solar engineering and construction. A former CEO of Mayflower Partners, Peterson joins the firm from Suntech America, where she served as VP of business development and project finance and was a key part of the team building the company's operations in the US over the past few years.
After being on a temporary hiatus since April 8, the Los Angeles Department of Water and Power’s (LADWP) Solar Incentive Program (SIP) is looking to make a comeback as early as this September. LADWP has introduced a proposal to reinstate the SIP program, which will feature double the funding levels for the next three years with incentive levels falling in line with the California Solar Initiative and market pricing in general.
Power-One and Solar Topps recently signed a supply deal, which will see Power-One provide 2MW of its solar PV inverters to Solar Topps. In addition to Schott’s American-made panels, Power-One’s Phoenix, Arizona manufactured inverters will allow Solar Topps to offer its customers a “made in America” solar power array.
Just over a year after Astronergy and Munich Re signed a contract to cover Astronergy’s crystalline-silicon PV modules, the two companies have revealed a new agreement that sees the reinsurer covering all crystalline-silicon PV modules sold by Astronergy as of January 1, 2011. The new contract additionally calls for Munich Re to back-up the performance warranties Astronergy issues against excessive power loss over the next 25 years.
Borrego Solar Systems has closed its latest investment fund to help finance and install a number of new PV projects across the US. East West Bank and US Bank are partnering Borrego on the fund, which will take the company’s solar PPA portfolio past the US$100 million mark.
An important but unintended consequence of the global PV industry meeting at Intersolar Europe, held last week in Munich, Germany was a general fear that the market could decline this year after poor installation figures in key European markets stalled hope of continued growth. According to IHS iSuppli, spot prices from the top Chinese brands had been running at US$1.49 per watt for c-Si modules before Intersolar, yet as the show prices had fallen to US$1.30 per watt. This has prompted the market research firm to guide prices to decline to the US$1 per watt by the first quarter of 2012.
Solar Topps, a solar integrator in Arizona, and Schott Solar have entered into a new solar panel supply agreement. The agreement will see Schott’s solar panels used in future Solar Topps commercial solar power installations, which range from 30kW to 200kW. The solar installations will be based in various cities and business in Arizona including car dealerships, hotels and shopping centers in Tucson, Nogales, Yuma, Tempe and Phoenix.
