Satcon Technology Corporation has been granted approval by the Bankruptcy Court for the District of Delaware to continue to provide post sale service and support to its customers.
Following BelectricÂ’s takeover of Konarka Technologies GmbH, the company plans to set up organic photovoltaic (OPV) production facilities in Germany in the coming months.
Sky Solar has received credit worth US$1.6 billion from the China Development Bank (CDB) for its downstream photovoltaic activities.
Singaporean system integrator SolarGy Pte. Ltd is planning to build a one MW photovoltaic plant in Singapore. When complete, it will be the largest project of its kind in the country.
Norway-based REC has released its Q3 financial results. While still not in the black, the company is making positive progress, although it has halted production of ingots and blocks in Singapore. Management changes have also been announced.
SRU Solar AG and Parabel AG have completed work on a 29.1 MW photovoltaic park between the German cities of Eisleben and Wimmelburg.
First Solar has leased a portion of its Mesa manufacturing facility in Arizona out. Originally, the thin film photovoltaic company was scheduled to start manufacturing modules at the new facility in Q3 2012. There are currently no plans to begin operations, however.
SwitzerlandÂ’s Oerlikon Group has received approval from the Chinese government to sell its solar business to Japan-based Tokyo Electron Ltd for an undisclosed sum.
The second Intersolar China tradeshow has been postponed, following the current difficult market conditions. The event is expected to resume in 2013, alongside its new partner, The China Renewable Energy Industry Association (CREIA).
Abu Dhabi-based Masdar has announced it will build a 15 MW photovoltaic plant in the Islamic Republic of Mauritania. When complete, it is expected to be the first plant of its kind in the country.
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