Photovoltaics in Italy: Etrion completes 2.6MW Nettuno solar park

Tuesday, 8.23.2011 - 19:01 (Solarserver)

Etrion Corporation (Geneva; Switzerland), an independent solar power producer, in August 2011 announced the completion of the Nettuno solar park in Lazio, Italy. The Nettuno park has a total capacity of 2.6 megawatts (MW) and due to Etrion is expected to produce more than 3.5 million kilowatt hours (kWh) of clean electricity and approximately EUR 1.0 million of earnings before interest, taxes, depreciation and amortization (EBITDA) per year. Read more

India's MNRE supports PV systems for 400 telecom towers

Tuesday, 8.23.2011 - 19:00 (Solarserver)

On August 19th, 2011, India's Ministry of New and Renewable Energy (MNRE) announced that it has supported pilot projects to provide solar photovoltaic (PV) systems for 400 telecommunications towers. Indian Minister of New and Renewable Energy Dr. Farooq Abdullah stated that his agency supported these projects primarily to demonstrate the efficiency of such systems in replacing diesel generation in areas without secure electricity supplies. Read more

SunWize to distribute AUO PV modules, including new inverter integrated AC module in North America

Tuesday, 8.23.2011 - 19:00 (Solarserver)

AU Optronics Corporation (AUO; Hsinchu, Taiwan) and SunWize Technologies (Kingston, NY, U.S:) announced an agreement for distribution of AUO?s solar PV products in North America. SunWize will distribute AUO?s full line of solar PV products to its vast network of solar installers. Read more

Amonix connects North America?s largest CPV system to the grid

Tuesday, 8.23.2011 - 17:59 (PV-Tech)

Amonix has connected North America?s largest completed concentrating photovoltaic (CPV) system to the grid. The project has a capacity of 5MW and is situated on 39 acres of land at the Hatch Industrial Park in New Mexico. Read more

PV producer China Sunergy reports 24% decrease in revenues, net loss in 2Q 2011 results

Tuesday, 8.23.2011 - 11:46 (Solarserver)

On August 19th, 2011, China Sunergy Company Ltd. (Nanjing, China) released financial results for the second quarter of 2011, reporting a 13% decrease in revenues to USD 144 million and a net loss of USD 16.9 million, as well as decreased shipments. However, the company reported operational successes during the quarter, including investing in a 1GW solar photovoltaic (PV) cell expansion project in Yangzhou, China, and the beginning of operation of a new pilot line to produce its Quasar PV cells. Read more

Photovoltaics in Italy: Deutsche Bank, Helaba and KfW IPEX-Bank provide EUR 110 million in loans for five PV plants

Tuesday, 8.23.2011 - 11:25 (Solarserver)

A consortium of banks comprising Deutsche Bank, Helaba Landesbank Hessen-Thüringen and KfW IPEX-Bank has provided outside financing for five photovoltaic (PV) power plants of significant size located in Italy, making loans amounting to over EUR 110 million available. The loans were structured from the financing programme for renewable energies and incorporate low-interest-rate funding instruments. Read more

IKEA commissions 252kW solar system at San Diego, California location

Tuesday, 8.23.2011 - 20:53 (PV-Tech)

IKEA?s San Diego, California store has officially commenced operation of its 252kW rooftop solar power system; the tenth solar installation the company has completed at its stores nationwide. The San Diego array consists of 1,120 solar panels from Gloria Solar installed across 30,000 square feet and will generate around 366,400kWh of power per year. Read more

Report: SpectraWatt files for Chapter 11 bankruptcy

Tuesday, 8.23.2011 - 20:21 (PV-Tech)

Just eight months after SpectraWatt announced its plans to lay off most of its workforce, it seems that the company has joined the ranks of Evergreen Solar and has filed for protection from its creditors under Chapter 11 of the US Bankruptcy code. Read more

Darden Restaurants to install 1.1MW PV system at headquarters facility; Addition to be the largest private solar array in Florida

Tuesday, 8.23.2011 - 19:00 (Solarserver)

Darden Restaurants (Orlando, Fla.) on August 22nd, 2011 announced that it will soon begin installation of 1.1 megawatts (MW) of solar panel roofing at its Restaurant Support Center (RSC) in Orlando. The project will be the largest private solar photovoltaic (PV) array in Florida and it will generate enough power to subsidize 15 to 20 percent of the RSC's annual usage, or the equivalent of taking the campus off the grid for nearly two months, the company emphasizes in a press release. Read more

Japan?s renewables bill clears first hurdle in parliament

Tuesday, 8.23.2011 - 16:37 (PV-Tech)

The lower house of Japan?s parliament has passed a new green bill aimed at promoting investment in solar and other renewable energy sources and weaning the country off nuclear power. The bill requires utilities to buy any electricity from solar and other renewable sources for up to 20 years and should it be approved by the upper house it will come into force next July. Read more

Revenues and shipments up, profits down at Trina Solar for 2Q 2011

Tuesday, 8.23.2011 - 16:29 (PV-Tech)

Trina Solar has posted results of its second-quarter performance, showing a healthy increase in both module shipments and year-on-year net revenue. Logging a gross profit of US$98.3 million for the quarter, which represents a decrease of 35.0% sequentially and 17.3% for the same period last year, the company cited policy changes in Italy and resulting high industry inventory as having had an effect on the company?s sales. Read more

Revenues and shipments up, profits down at Trina Solar for Q2 2011

Tuesday, 8.23.2011 - 16:29 (PV-Tech)

Trina Solar has posted results of its second-quarter performance, showing a healthy increase in both module shipments and year-on-year net revenue. Logging a gross profit of US$98.3 million for the quarter, which represents a decrease of 35.0% sequentially and 17.3% for the same period last year, the company cited policy changes in Italy and resulting high industry inventory as having had an effect on the company?s sales. Read more

Can CSP Settle in India?

Tuesday, 8.23.2011 - 15:00 (Renewable Energy World)

India, possessing great potential and more than enough suitable land with sufficient solar resources, is well-placed to allow CSP to make a very major contribution to its national energy supply. A new IT Power report looks into the encouraging factors and the barriers for deployment. Read more

Hanwha SolarOne appoints Tai Seng Png as its new chief operating officer

Tuesday, 8.23.2011 - 12:41 (PV-Tech)

Hanwha SolarOne?s board of directors has appointed Tai Seng Png as its new chief operating officer. Png will begin his new role immediately. Read more

PV manufacturing: First Solar dedicates site for new module production plant in Arizona

Tuesday, 8.23.2011 - 11:44 (Solarserver)

On August 19th, 2011, First Solar Inc. (Tempe, Arizona, U.S.) celebrated construction of a new solar photovoltaic (PV) module production facility with an annual production capacity of 250 MW in Mesa, Arizona, United States. The company announced that it has appointed the former general manager of its Perrysburg, Ohio factory, Todd Spangler, as site director and general manager of the new facility. Read more

LDK Solar slashes 2Q 2011 guidance

Tuesday, 8.23.2011 - 11:28 (Solarserver)

On August 18th, 2011, LDK Solar Company Ltd. (Xinyu City, China) released a dramatically downgraded guidance for the second quarter and fiscal year (FY) 2011, which it attributes to the "significant drop" in both silicon wafer and solar photovoltaic (PV) prices. The company now estimates second quarter 2011 revenues at between USD 480 and 500 million, a 33% decrease from its former guidance, and FY 2011 revenues between USD 2.5 and 2.7 billion, a 28% decrease. Read more

Nexamp to buildMW system in Westford, Massachusetts

Tuesday, 8.23.2011 - 10:55 (PV-Tech)

Nexamp and Cathartes Private Investments are joining forces to build the largest privately-owned solar project in Massachusetts. TheMW system will be comprised of 14,000 panels and span 22 acres of industrial land bordering Route 3 near Westford. Construction is scheduled to begin this autumn. Read more

8minutenergy, Gestamp Solar sign GIA for 355MW of utility-scale PV projects in Imperial Valley

Tuesday, 8.23.2011 - 4:26 (PV-Tech)

In a move that is supposed to help California?s Imperial Irrigation District (IID) renovate its power network, 8minutenergy Renewables and Gestamp Solar have signed a generation interconnection agreement (GIA) with IID for 355MW of utility-scale PV power. The two companies will develop five projects, which combined will total 355MW, all of which have completed IID?s Transitional Cluster Phase I and Facility Study phases marking them ready for construction. Read more

How One Company is Using Algae to Offset Carbon

Tuesday, 8.23.2011 - 15:04 (Renewable Energy World)

On a sprawling facility in Southwestern Iowa, it's business as usual as row upon row of corn gets processed into ethanol. But there's something different going on, and even those at the highest ranks of agriculture think this could be, if not the ultimate answer, perhaps a significant piece of it. Read more

China Tops 2011 Index Rankings for Renewable Energy

Tuesday, 8.23.2011 - 15:00 (Renewable Energy World)

Influential commentators in Japan, Germany, Russia, the US, China, Spain, Italy, Thailand, Yemen and numerous other nations have all weighed in on the need to de-emphasise nuclear and focus on renewables in the wake of the Japanese tsunami and nuclear disaster. So concludes the Ernst & Young 2011 All Renewables Index. Read more