JA Solar buys out Shanghai Jinglong Solar Technology
JA Solar Holdings Co., Ltd. has entered into an agreement to acquire 100 percent of the shares of China-based Shanghai Jinglong Solar Technology Co., Ltd.
Phoenix Solar to see substantial increase in consolidated revenue following proposed German FITs compromise
Following the proposed compromise to cut photovoltaics (PV) feed-in tariff (FIT) incentives by three percent this month, put forward by the German parliamentary mediation committee between the German Bundestag and the Bundesrat for solar promotion yesterday, Phoenix Solar AG has said it expects to see a substantial increase in consolidated revenue”.
Thin film undergoing significant revitalization
Manz Automation AG has said it is currently seeing a significant revitalization in the thin film segment. The news comes as the company announces its acquisition of 8 million worth of new thin film orders in Germany and the U.S.
Solargiga acquires 51 percent interest in Qinghai Chenguang; intends to ramp up production
Solargiga Energy Holdings Limited has said it intends to acquire 51 percent interest in Qinghai Chenguang New Energy Co., Ltd under a new cooperation agreement with the Xining Economic & Technology Development Zone Administration Committee.
ABB wins USD$50 million Italian solar order
ABB has won an order worth USD$50 million from Actelios SpA, through its subsidiary Actelios Solar SpA, in Italy to supply three photovoltaic (PV) solar power plants in western Sicily.
SMA Solar raises 2010 profit outlook
Solar inverter manufacturer SMA Solar has raised its profit expectations for this year, due to the fact it sees the global solar market growing at least 30 percent faster than it previously forecast.
Provisional liquidator appointed for Meier Solutions insolvency proceedings
Lawyer Dr. Sebastian Henneke of Registry hrm Henneke, Ropke, Messerschmidt in Germany has been appointed as the provisional liquidator for the insolvency proceedings over the assets of Meier Solutions GmbH in Bocholt.
ET Solar completes 1.9MW PV power plant in Germany; connects to grid
China-based ET Solar Group Corp. has completed a 1.9 megawatt (MW) ground mounted photovoltaics (PV) power plant in eastern Germany. It has already been connected to the grid.
Tenesol invests 1.5 million in South African factory
French group Tenesol has invested 1.5 million to increase the capacity of its South African solar module factory, based in Cape Town, to 85 megawatts (MW) per year.
USD$1.85 billion boost for US solar industry
President Barack Obama has announced that USD$1.85 billion in conditional commitments will be made available in the form of loan guarantees to two U.S. solar companies. As a result, one of the worlds biggest solar plants is scheduled to be built in Arizona, while around 5,000 jobs are expected to be created.
