First Solar, Inc. has completed the acquisition of Nextlight Renewable Power, LLC. The transaction was valued at around USD$297 million.
LDK Solar Co., Ltd. has signed a module supply contract with Italy-based Enel. Under terms of the agreement, the company will supply Enel with solar modules totaling 50 megawatts (MW).
The Yingli Group Company Limited has entered into a strategic cooperation agreement with the Hebei Branch of China Development Bank (CDB). Under the terms of the agreement, CDB expects to grant credit facilities with an aggregate maximum amount of RMB 36 billion to support the company and its affiliates.
Germany-based ib vogt has been commissioned to undertake the factory design, planning and construction management for an Indian multinational company to build its first photovoltaics (PV) factory in Southern India. The project has been running from the beginning of this April 2010 and is expected to reach completion by the end of next June.
Photovoltaics (PV) module shipments increased for the fifth consecutive quarter in the second quarter of this year, to 3.7 gigawatts (GW), thus generating USD$7.1 billion in revenues, according to IMS Researchs latest quarterly report on the solar cell and module market.
The states failure to pass the New York Solar Jobs and Development Act is putting the Empire State further behind other states in the Northeast, according to the New York Solar Energy Industries Association (NYSEIA), which advocated for passage of the landmark solar power bill.??
Up to 180 union and green jobs will be created in California, the U.S. The news comes following the announcement at Intersolar North America that Yingli Green Energy Americas, Inc. has been selected to provide 15 megawatts (MW) of solar modules for 16 solar power system projects across the state.
In a bid to strengthen its presence in the U.S. solar power plants market, Concentrix Solar GmbH says it has launched a U.S.-based subsidiary, hired additional industry professionals and won listing from the California Energy Commission.
Solarworld AG has begun construction on its third module production facility in Freiberg, Germany, the companys largest site worldwide. The project is scheduled to be completed by the beginning of next year. Up to 200 jobs are expected to be created.
Day4 Energy Inc. has completed the construction of two turnkey, ground-mounted photovoltaic (PV) power plants in Germany, totaling over 2.5 megawatts (MW).
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