Becky Beetz
Lebanon looks to expand CSP activities in light of electricity shortages
A call for U.S. companies to develop a feasibility study for a 50 megawatt (MW) Concentrated Solar Power (CSP) plant in Lebanon has been made by the United States Trade and Development Agency (USTDA) and Lebanons Zeenni’s Trading Agency, in light of continued energy shortages in the country.
FIT reductions mark transition for European PV says new report
The next two and a half years are shaping up to be one of significant transformation for the Europe photovoltaics (PV) industry, according to a new report from IHS Emerging Energy Research. European PV markets are forecast to add as much as 15.5 gigawatts (GW) from 2010 to 2012 at an average of five GW per year.
SEIA: FERC proposed rule would encourage transmission for solar power projects
U.S. Solar Energy Industries Association (SEIA) president and CEO, Rhone Resch has applauded a move by the Federal Energy Regulatory Commission (FERC) to develop new rules regarding transmission planning and cost allocation.
Solydra withdraws IPO; secures USD$175 million to develop business
U.S.-based Solyndra Inc. has withdrawn its request from the Securities and Exchange Commission to proceed with an initial public offering (IPO) of shares of its common stock, due to adverse market conditions and the availability of alternative funding from existing investors.
Solar module testing laboratory to open in New Mexico
A new solar module testing laboratory is to be opened in Albuquerque, New Mexico, according to CFV Solar Test Laboratory. Between 30 and 40 jobs are expected to be created.
Sunways posts sales increases of 52 percent; looks to expand activities
Germany-based Sunways AG has reported sales increases of 52 percent to 44.3 million. The company has also stated it is looking to extend its distribution activities both in Germany and abroad. Moreover, it has predicted an upturn in international business.
Energy providers invest in Sharp solar power plants
Sharp Energy Solution Europe has announced it will be building solar power plants for energy providers in Germany. A sum of 6 million has already been invested last year.
New PV association formation underway
The formation of a new professional association to advance the photovoltaic engineering and related manufacturing professions is underway, following a meeting held at Flextronics Inc.s campus in California, the U.S.
Satcon and Horizon Technology Finance enter into USD$12 million debt facility agreement
Satcon Technology Corporation has entered into a USD$12 million subordinated debt facility with Horizon Technology Finance. The company has said it will utilize the proceeds of this transaction to further strengthen its working capital as it plans for continued worldwide growth.
Delaware to build new solar park; jobs to be created
A ten-megawatt (MW) solar power plant is scheduled to be built in Dover, the U.S. The project is expected to create up to 150 jobs and construction should begin later this year.
