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05.08.2011 First Solar becomes latest PV company to see sharp drop in sales
US photovoltaic (PV) company First Solar announced net sales of $533m in the second quarter of 2011, a decrease of $34.5m from the first quarter and $55m compared with the same period in 2010. The company attributed the decrease in revenue to lower average selling prices and policy uncertainties in Europe.
Views: 978
 
05.08.2011 EcoEnergy completes 1.6MW rooftop solar development
US renewable company EcoEnergy has completed a 1.6MW rooftop solar installation on a warehouse used by catering supply-chain business WEBstaurant Restaurant Supply. The 7,000 panel development is the first of three that WEBstaurant plans for solar arrays on its facilities in the US and the company estimates this will lead to energy savings of $74,000 a year. The warehouse is located in the Upper Leacock Township around 60 miles west of Philidelphia.
Views: 1126
 
04.08.2011 MEMC to purchase Fotowatio Renewable Ventures in $100m deal
US solar wafer manufacturer MEMC and subsidiary SunEdison have reached a definitive agreement to acquire photovoltaic factory builder Fotowatio Renewable Ventures’ (FRV) US division. It will pay $122m for the acquisition and repayments of $22.9m in intercompany loans and capital contributions. The final purchase price is subject to adjustments based on the actual figure for intercompany loans and capital contributions at closing. The deal also includes deferred payment of up to $103.6m if FRV meets certain performance criteria.
Views: 1475
 
04.08.2011 Capital Power, Samsung and Pattern Renewable partner for Canadian wind project
Canadian energy company Capital Power, Samsung Renewable Energy and Pattern Renewable Holdings Canada have entered into a limited partnership for the development, construction and operation of a 270MW wind farm in Ontario, Canada. The project is expected to cost between C$750m ($770m) and C$900m ($924), the majority of which will be funded through project financing.
Views: 959
 
03.08.2011 Triodos’ Ampere Fund buys 50% stake in Carraig wind farm
The Ampere Equity Fund, managed by UK renewable investor Triodos Investment Management, has acquired 50 per cent of the Carraig Gheal Wind Farm, which has a total capacity of 46MW.
Views: 1087
 
03.08.2011 LDK Solar to supply 14MW of PV modules for NJ project
Chinese photovoltaic (PV) manufacture LDK Solar has been contracted by US company Advanced Solar Products to supply solar modules for a 14.1MW project in New Jersey.
Views: 1091
 
02.08.2011 Opposition grows to France’s offshore wind plans
France’s plan to open a €10bn offshore wind tender is being met by opposition by some members of the public.
Views: 894
 
02.08.2011 GE contracted for 350MW of wind turbines by Wind Capital Group
US technology giant General Electric (GE) has been contracted by project manager the Wind Capital Group to supply 228 turbines with a combined generating capacity of 350MW for two US wind farms.
Views: 1073
 
01.08.2011 Solar Frontier’s 900MW plant reaches full capacity
Japanese photovoltaic (PV) developer Solar Frontier has announced that its flagship manufacturing plant has now reached full commercial operation and is on track to produce 900MW of solar modules this year.
Views: 996
 
01.08.2011 IKEA purchases UK wind farm
Swedish furniture retailer IKEA’s UK division has acquired a 12.3MW wind farm in Aberdeenshire, north Scotland. The farm consists of seven turbines and produces electricity sufficient to cover 30 per cent of the company’s UK consumption. It is the first UK purchase of a wind farm by IKEA and brings the number of turbines owned by the company to 67.
Views: 2538
 
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