According to Bloomberg, the Nation Development & Reform Commission in China has said that it will reduce its 2020 target for nuclear power from 80GW, but didn’t say by how much. The beneficiary? Solar power companies. The commission plans to increase its solar power capacity estimate for 2020 from 20GW, but also didn’t specify by exactly how much.
Obviously it’s a tremendous tragedy what’s happening in Japan with the nuclear power crisis on top … Read the rest
At a Chinese investor conference held earlier in the week, Mr. Zongwei Li, Director and Chief Financial Officer of Yingli
Green Energy, upped the company’s guidance and announced that they have signed 575MW worth of sales contracts.
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Mr. Li said that he expects Yingli to close on 1000 MW worth of contracts by the end of the year, and that he expects gross margins … Read the rest
Yingli Green Energy just announced that it will be collaborating with Innovalight, a company that sells highly efficient solar products based on silicon ink. The goal of the collaboration is to help Yingli boost the efficiency of its own solar cells.
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In a press release, Dr. Dengyuan Song, Chief Technology Officer of Yingli Green Energy, commented on the collaboration:
“We are glad to sign this … Read the rest
SunPower and Solar Ventures just announced that they have signed a new contract to partner on the design and construction of 3 new solar power plants to be located in Italy’s Piedmont region. The plants will have a combined capacity of 11.1 MW. The project is expected to be finished by the end of the year.
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In a press release, Mario Riello, EMEA Sales Director … Read the rest
JinkoSolar just announced that it has signed a new supply agreement to provide Enfinity Asia Pacific Limited with 24MW of PV modules. Shipments have already started and will continue through the end of the year.
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In a press release, Xiande Li, Chairman of the Board of Directors at JinkoSolar, commented on the agreement:
“Our solar module supply agreement with Enfinity is a testament to the … Read the rest
Canadian Solar just announced that the 1 MW solar energy project it built in Saxony with Green City Energy was completed in a record time of 2 months of construction. The system consists of panels installed on 16 rooftops, covering a surface area of 17,000 square meters. Since the project was finished before June 30th, it is exempt from the reductions in feed-in tariffs for PV systems.
===> Click Here For Your FREE Canadian Solar … Read the rest
The first plant will be a 6MW plant located in Spinasanta, followed by a 3.8 MWn plant at Cardonita and a 3.3MW plant at Sugherotorto . All plants are expected to be online by the end of this year.
===> … Read the rest
Veeco just announced that the State of Minnesota has awarded them $800,000 worth of matching funds for a 1.5 year project to help Veeco’s copper, indium, gallium and selenium deposition equipment technology for solar panel manufacturers move more quickly to market. Veeco’s technology is designed to reduce manufacturing costs for solar panels and bring them closer to grid parity. The funds were awarded as part of the American Recovery and Reinvestment Act.
In a press … Read the rest
SunPower announced that it has been chosen by Dow Jones & Company to install a new high-efficiency, 4.1 megawatt solar power system at the Dow Jones’ New Jersey headquarters.
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SunPower will use its SunPower T5 Solar Roof Tile to create a 3.6 installation above the parking lot and a 522-kilowatt rooftop installation.
In a press release, Tom Leyden, managing director at SunPower, commented on the … Read the rest
ArcLight Capital Partners, LLC just announced that it has sold 450 MW worth of solar development projects to NRG Energy via its portfolio company , US Solar Ventures Holdings, LLC.
In a press release, Bob Mooney and Bob Looper, 2 principals at US Solar, commented on the sale:
“The sale to NRG, an established leader in the independent power sector, will facilitate the commercial advancement of these projects,” according to Bob Mooney, principal at US … Read the rest