Photovoltaics (PV) News for March 2009

Photovoltaics (PV) News Archive

DuPont to triple annual solar PV sales in 2012

DuPont expects to nearly triple its annual solar photovoltaic (PV) sales to more than US$1 billion in 2012 based on strong fundamentals for long term revenue growth in the solar PV energy market.

Recurrent Energy acquires 350 MW UPC Solar pipeline

Recurrent Energy has acquired a solar project pipeline of up to 350 MW from UPC Solar.

World solar PV market reached 5.95 GW in 2008

World solar photovoltaic (PV) market installations reached a record high of 5.95 GW in 2008, representing growth of 110% over the previous year, according to the annual PV market report from Solarbuzz LLC.

Phoenix Solar sees revenues jump 55% in 2008

Phoenix Solar has released preliminary figures for the financial year 2008. The solar company reported revenues of €402 million, up 55% from 2007.

Horizon introduces renewable energies science kit

Horizon Fuel Cell Technologies is introducing hands-on science experiment kits for educational purposes, including small wind-turbines, solar panels and zero emission vehicle construction sets.

HgCapital invests in three Spanish solar PV plants

HgCapital’s Renewable Power Partners Fund has invested in three Spanish solar photovoltaic (PV) plants.

SolarWorld expands its solar manufacturing capability

Five months after the opening of what is said to be North America’s biggest solar manufacturing plant, SolarWorld says it will begin construction of a new, adjacent facility.

Solar-Fabrik increases solar modules capacity

Solar-Fabrik AG is expanding it capacity with a new production facility for manufacturing solar power modules in Freiburg, Germany.

Ontario proposes feed-in-tariffs Ontario proposes feed-in-tariffs

Ontario has proposed feed-in-tariffs (FiTs) for renewable energy generated from sources such as onshore and offshore wind, hydroelectric, solar, biogas, biomass and landfill gas.

Total and GDF SUEZ consider solar investment solar

French oil company Total and energy company GDF SUEZ are considering investing in a silicium wafers plant serving the photovoltaic (PV) industry in the Moselle region of France.

Shell withdraws from wind and solar – focuses on biofuels

Royal Dutch Shell has said it does not plan to invest further in renewable energies such as wind, solar and hydropower as these are deemed uneconomic.

Suntech and 3rd Rock develop 7.2 MW of solar energy in the USA

Suntech Power Holdings Co Ltd and solar project developer 3rd Rock Systems and Technologies Inc have established a strategic alliance in connection with the development of an initial 7.2 MW of solar energy systems in the USA.

Con Edison plans 12 MW of solar electricity by 2011

New York utility Con Edison is planning to generate 12 MW of solar electricity by 2011.

Climate change congress: 40% renewables by 2050

The International scientific congress Climate Change: Global Risks, Challenges & Decisions has voiced the possibility of 40% of the world’s power coming from renewable energy by 2050 with adequate financial and political support.

SolFocus and Samaras expand Greek solar CPV project to 10 MW

SolFocus and Samaras Group are increasing the size of their solar concentrating photovoltaic (CPV) project in Greece from 1.6 MWp to 10 MWp.

UK PV support closing

The Stream 2 support for photovoltaics (PV) under the UK Low carbon Building Programme (LCBP) is due to close, causing concern in the renewable energy industry.

Report on organic PV materials markets published

Industry analyst NanoMarkets has released the report Organic Photovoltaic Materials Markets: 2009 - 2016.

NorSun expands solar silicon ingots and wafers production

Monocrystalline wafer producer NorSun, has closed a NOK1.15 billion investment round to expand production of silicon ingots and wafers for high efficiency solar cells.

Suntech activates first large-scale solar power system in Santa Barbara

Suntech Power Holdings Co Ltd, a manufacturer of photovoltaic (PV) modules, together with the City of Santa Barbara and Tioga Energy, a solar financing firm, have announced the activation of the Santa Barbara’s first large-scale solar power system.

Korean PV grows six-fold in 2008

Photovoltaic (PV) installation in Korea reached 274 MW in 2008 having grown six-fold since 2007.

Austin Energy buys electricity from 30 MW solar project

The City Council of Austin, Texas, USA, has approved an agreement under which the municipally-owned electric utility, Austin Energy, will purchase all of the electricity produced by a 30 MW solar photovoltaic (PV) project over at 25-year period.

Spray-on solar panels

A spray-on material that could make solar panels cheaper is to be developed in a joint research effort by The Australian National University (ANU) and Spark Solar Australia.

First Solar acquires utility scale PV pipeline

First Solar Inc is acquiring OptiSolar’s solar project pipeline, “significantly expanding” its penetration within the US utility solar power market in a deal worth around US$400 million.

Solar and wind power generating trees Solar and wind power generating trees

Using biomimicry techniques, an artificial tree or plant structure can function as a passive solar and wind power harvester, according to SolarBotanic.

Trina Solar sees revenues soar 113.4% in Q4

Trina Solar has reported a 113.4% increase in total net revenues to $216.3 million for the fourth quarter (Q4) of 2008 and a 140.9% jump in solar module shipments to 57.59 MW.

Ireland announces new FiT

Irish Energy Minister Eamon Ryan has announced measures to encourage the on-site generation of electricity in homes and farms across Ireland.

Fotowatio acquires MMA’s Solar Business

Spanish solar power company Fotowatio, will purchase the core US solar power assets of MMA Renewable Ventures including the 14 MW solar photovoltaic (PV) installation at Nellis Air Force base, Nevada, USA.

FPL builds 25 MW PV solar facility

Florida Power & Light Company (FPL) is building a 25 MW photovoltaic (PV) solar facility called DeSoto Next Generation Solar Energy Center in Florida, USA.

First Solar cuts solar costs to US$0.98/W

First Solar Inc has reduced its manufacturing cost for solar modules in the fourth quarter to US$0.98/W, breaking the US$1/W price barrier.

New York announces 50 MW solar power project

New York Governor David A. Paterson has announced that the 50 MW solar photovoltaic (PV) energy project in New York State is moving forward on Long Island, tripling the State’s total solar energy production.

Ontario, Canada, proposes renewables legislation

Ontario, Canada, is proposing sweeping new legislation to attract new investment, create new ‘green economy jobs’ and better protect the climate.

Tokyo Electron and Oerlikon cooperate on Asian solar

Tokyo Electron (TEL), a supplier of semiconductor production equipment, has announced a strategic cooperation for the Asian solar market with thin-film silicon photovoltaic (PV) production equipment supplier Oerlikon Solar.

“It is time for America to lead again” – on renewables

In his first address to the Joint Session of Congress on 24 February, US President Barack Obama called on the USA to take a lead on renewable and clean energy.

ersol doubles revenues in 2008

ersol has released preliminary results for 2008 reporting an almost doubling (+93.3%) increase in revenue to €309.6 million.

Q-Cells crystalline solar cell production up 47% in 2008

Q-Cells has reported a 47% increase in the production of crystalline solar cells to 570.4 MWp and total thin-film production reached 15.4 MWp in 2008.

Scheuten Solar and Aehlios sign solar module contract

Scheuten Solar and Aehlios, a specialist in the design, sale and installation of photovoltaic (PV) solar roofs, have signed a multi-year contract for the supply of solar modules in the Multisol® range.

PG&E develops 500 MW of solar PV

Pacific Gas and Electric Company (PG&E) plans a five-year programme to develop up to 500 MW of solar photovoltaic (PV) power in its northern and central California service area.

Borrego Solar sells residential solar division

Borrego Solar Systems is selling its residential solar division for an undisclosed sum to groSolar.

Installed costs of PV systems fall in the USA

A study on the installed costs of solar photovoltaic (PV) power systems in the USA shows that the average cost of these systems declined significantly from 1998 to 2007, but remained relatively flat during the last two years of this period.

Borrego Solar sells residential solar division

Borrego Solar Systems is selling its residential solar division for an undisclosed sum to groSolar.