eSolar collaborates with Sanmina-SCI to optimize CSP components production
May 15, 2012 | Leave a Comment
eSolar has announced a collaboration with manufacturing services provider Sanmina-SCI to optimize the production of eSolar’s solar collector products. The two companies are combining their expertise to develop, manufacture and design solutions in solar thermal energy and CSP components. Sanmina-SCI will provide its supply chain expertise to enhance eSolar’s production of CSP tracking equipment.
REFUsol obtains safety certificate for South Carolina-built solar inverters
May 15, 2012 | Leave a Comment
Solar inverter manufacturer REFUsol has obtained safety certificates to distribute inverters from its sister company, Prettl Electronics, at its plant in Greenville County, South Carolina.
S.A.G. Solarstrom closed the first quarter of 2012 with sales of €21.4 million
May 15, 2012 | Leave a Comment
S.A.G. Solarstrom has announced a significant increase in sales volume with a positive EBIT. The company closed the first quarter of 2012 with sales of €21.4 million (Q1 2011: €78.9 million) and an EBIT of -€2.8 million (Q1 2011: €5.1 million), claiming these results are in line with its schedule for 2012. The company states that in the previous year’s quarter, sales and EBIT had been influenced to a very great extent by the large-scale Serenissima project.
BIPV Inc. appoints Oliver Koehler as VP of sales and marketing
May 15, 2012 | Leave a Comment
BIPV Inc., a manufacturer of roof-integrated solar shingles and tiles, has announced the appointment of Oliver Koehler as vice president of sales and marketing. He has been tasked with the job of leading the company’s growing sales and marketing efforts.
Amtech to introduce new ion implant and PECVD products at SNEC
May 15, 2012 | Leave a Comment
Amtech Systems’ Chinese subsidiary, Kingstone Semiconductor, will introduce its ion implant system at the SNEC Exhibition, in Shanghai this week. This ion implant system has been developed from the ground up to specifically serve the needs of the solar industry. Also at the SNEC Exhibition, Tempress Systems will introduce its new tube-type batch PECVD product.
Martifer Solar and Hanwha SolarEnergy to develop 6MWp project in Lisbon
May 15, 2012 | Leave a Comment
Hanwha SolarEnergy has acquired Martifer Solar’s 6MWp solar PV project, located in the Lisbon area, Portugal. This project is being developed based on the mutual cooperation between Hanwha SolarEnergy, Hanwha SolarOne and Martifer Solar.
ReneSolar exceeds guidance in posted results for revenue, shipments for Q1 2012
May 12, 2012 | Leave a Comment
ReneSola’s first quarter 2012 results have surpassed the company’s previous expectations with revenues finalized at US$211.5 million and combined solar wafer and module shipments reaching 466MW. The increased revenue shows a 12.7% increase from US$187.7 million in Q4, 2011, while shipments were up 37.1% from 339.9MW in Q4 2011. Gross loss for the quarter was finalized at US$8 million with a gross margin of -3.8%, including a US$12.2 million write-down for inventory. These results compare to a gross loss of US$43.4 million, with a gross margin of -23.1%, in Q4 2011.
Cogentrix’s Alamosa Solar facility begins commercial operation
May 12, 2012 | Leave a Comment
The Alamosa Solar Generating plant is being called the world’s largest concentrating PV electric power generating facility and Cogentrix Energy advised that it has finally begun commercial operation. Located in San Luis Valley in Colorado, the 30MW site produces energy for customers of Xcel Energy’s subsidiary, Public Service Company of Colorado (PSCo).
Phono Solar, Suntech Power Holdings possibly entering strategic framework agreement
May 12, 2012 | Leave a Comment
According to a report published by Bloomberg, Phono Solar Technology and Suntech Power Holdings are in talks to sign a strategic framework agreement that would see the two companies working together to develop solar farms in China, the US and Greece. “It’s a strategic framework agreement, we are still discussing terms on the cooperation,” Zhang Jianmin, a Suntech spokesman, told Bloomberg by phone.
Conergy stocks up after report leaked of potential Chinese buyer
May 12, 2012 | Leave a Comment
Bloomberg is reporting that Conergy stock rose to its highest point since February following a report from the Financial Times Deutschland. The paper stated that the company was near ready to sell a 30% stake of Conergy to an undisclosed Chinese buyer. Bloomberg noted that company stocks rose as much as 16% to €0.57 per share.