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SolarEdge secures USD$25 million in funding to boost business activities

Solar harvesting and photovoltaics monitoring systems company SolarEdge Technologies has said it is to increase production capacity and expand its market share after securing USD$25 million in funding.

Phoenix Solar to build 1.7 MW Etrion PV plant in Italy

Etrion Corporation and Phoenix Solar AG have announced a new agreement to build a 1.7-megawatt (MW) photovoltaics (PV) power plant in Rio Martino, Italy.

SunEdison sells 70 MW PV plant to First Reserve

North America-based SunEdison has sold a 70-megawatt (MW) photovoltaics (PV) power plant located in Northeastern Italy, near the town of Rovigo for around €276 million to First Reserve.

Suntech announces multiple collaborations aimed at developing smart panel technology

Photovoltaics (PV) module manufacturer, Suntech Power Holdings Co., Ltd. has announced it is to undertake a number of new collaborations with other industry players, aimed at developing smart panel technology for PV installations.

Italy: Etrion finalizes acquisition of second phase of 28 MW PV park

Etrion Corporation has officially acquired the equity in the first two phases of SunPower Corp.’s Montalto di Castro photovoltaics park, in Italy, for approximately €49 million.

UK renewable energy industry warns against cutting FITs

Over 60 key renewable energy figures and experts have published an open letter to the UK Government, warning them that prematurely cutting the feed-in tariffs (FITs) before April 2013 would have a “profoundly damaging” effect on long term investor confidence.

Canada: Mecasolar opens tracker manufacturing centre in Ontario

Spain-based Mecasolar has opened a new solar tracker manufacturing facility in the Canadian city of Wallaceburg, in Ontario.

AEG and Electrotherm to install 100 MW of solar in India

AEG Power Solutions and Electrotherm have signed an agreement to install a “minimum” of 100 megawatts (MW) of solar power in India, over the next three years.

Research: Joint project between QSTP and Fraunhofer to focus on developing solar cracking reactor

Qatar Science & Technology Park (QSTP) and Germany-based Fraunhofer have officially signed an agreement to undertake a joint research project focusing on the development of a solar cracking reactor.

Krannich Solar opens UK subsidiary

Germany-based Krannich Solar GmbH, which operates in a number of worldwide photovoltaics (PV) markets, has opened a UK subsidiary, in order to obtain the “financial benefits” of the country’s feed-in tariffs.

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