The property assessed clean energy financing option being adopted across Southern California could see 90 MW of new solar added this year. Renovate America says the program could drive 400 MW of installations by the end of 2016.
Employing tin instead of lead, the new cell may well lead to an environmentally friendly breakthrough in photovoltaics.
The Stuttgart-based ZSW will work with the King Abdullah University of Science and Technology. The five-year collaboration will drive research into the performance of thin film cells under desert conditions.
World’s leading makers of PV modules strengthened their position at the apex of the market last year, with Yingli Green Energy leading the way.
The Chinese solar company has partnered with local firm Tekno Ray Solar to develop 30 MW of PV projects throughout the country.
Two solar projects in San Bernadino, Lone Valley Solar Parks I and II, will receive the Chinese manufacturer’s high efficiency panels.
The CIGS production line supplier tripled its revenue last year, returning to the black after a difficult 2012.
News comes just one week after an offer to purchase the inverter business was lodged, and mere days after a German court opened insolvency proceedings.
Researchers at Bloomberg New Energy Finance expect global sales of polysilicon to top $6 billion this year, fuelled by demand from China and Japan.
The Chinese solar company has agreed to supply modules for two PV projects in Chile’s Atacama Desert region.
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