Hybrid Energy to increase portfolio assets by USD$18 Million
Nevada-based Hybrid Energy Holdings, Inc. has announced the signing of a Letter of Intent (LOS) with KS IP Holdings, LLC (KS-IPH) to acquire and develop a select group from KS-IPH’s Solar Energy Technologies portfolio. The transaction is valued at USD$18 million.
Solexant's nanocrystal solar technology receives USD$41.5 million
Third generation thin film developer Solexant Corp. has secured USD$41.5 million during the first close of a Series C financing round, following the successful completion of a two megawatt (MW) pilot line operating at the company’s headquarters.
International PV market to significantly grow
The outlook for the international photovoltaics (PV) market continues to be positive, with significant growth predicted.
Grid-independent PV takes center stage at Intersolar Europe
Alongside grid-connected photovoltaics (PV), grid-independent PV (off-grid) will be among the main focal points at this years Intersolar Europe, taking place in Munich, Germany from Jun 9-11.
German Bundesrat stops solar cuts – updated
A mediation committee concerning the cuts in the promotion of solar energy has been convened by Germany’s Bundesrat upper house of parliament. A key industry figure has said that people should not expect the cuts to be smaller though.
Cadmium ban will not affect PV industry
The cadmium ban will not apply to the photovoltaics (PV) industry, the environmental committee of the European parliament has said.
Inertek doubles PV testing capacity
Intertek, a testing, inspection and certification company, has doubled its photovoltaics (PV) testing capacity at its Lake Forest, CA laboratory in the U.S.
Global solar PV cell production booming
Global photovoltaic (PV) cell production grew last year by 51% from 7.1 gigawatts (GW) in 2008 to 10.7 GW in 2009, according to a research note published by GTM Research.
PSP and BSP sign Strategic Investment Agreement
Prime Sun Power Inc. (PSP) has entered into a Strategic Investment Agreement with Bangkok Solar Power Co., Ltd. (BSP) to acquire up to 6,639,063 shares – worth 40 million (USD$49.5 million) – of PSP Common Stock at a price of 7.73 per share. All shares issued to BSP will be subject to a lock-up period until December 31, 2013.
