Chinese solar power system manufacturer Yingli Green Energy Holding Co. aims to triple solar panel production capacity in the next three years to three gigawatts a year at a total cost of roughly 200 billion yen (around USD$2.2 billion; 1.8 billion), says Japanese news source Nikkei.
First Solar, Inc. has formed a utility systems business group to address the large-scale photovoltaic (PV) system solutions market. Jens Meyerhoff, 45, has been named president of the group.
MEMC Electronic Materials, Inc. has announced it has completed the acquisition of privately held Solaicx. The deal is said to be worth around USD$77 million.
Intersolar North America and Solartech have announced an expanded partnership for the 2010 Intersolar North America conference. Under the agreement, Solartech will now provide an additional program offering at the conference. Other reciprocal elements between both organizations will extend into next year.
Two Chinese companies have started construction on a solar power plant in Ihtiman, a city located 50 km south of Sofia, Bulgaria according to local officials.
British Gas has invested £15 million in solar technology for British schools. Under its plans, the company will donate and install solar panels – worth between £20,000 and £40,000 per school – in up to 750 schools.
The Sharp Corporation has signed an agreement with Thai power producer NED to establish one of the worlds largest solar power generation plants, with a power generation capacity of 73 megawatts (MW). Construction is due to start this month and should be completed by the end of next year.
Nautilus Solar Energy, LLC has announced the completion of an agreement to finance the construction and operation of the first three megawatts (MW) of a 3.5MW solar energy project on the William Paterson University (WPU) campus in New Jersey. The project, when completed, will be among the largest university solar installations in the U.S.
Phoenix Solar AG, has built a photovoltaic (PV) power plant with a peak power of 14.4 megawatts (MWp) for Hamburg-based LUXCARA Asset Management GmbH. Production will be ramped up to 18 MWp in a second construction phase, says the company.
Spain-based Isofotón has said it will be entering new photovoltaics markets, such as Asia and the U.S.
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