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9 November 2010

Energy efficiency company SenseLogix raises £1m

Energy saving solutions developer SenseLogix has attracted the attention of UK-headquartered venture capital firms Beringea and Northstar Ventures, securing a £1m investment to accelerate the company’s growth.

9 November 2010

Suniva joins US-India Innovation Roundtable

US-based solar cell manufacturer Suniva is a participant in the US-India Innovation Roundtable led by President Barack Obama in Mumbai during visit to India this week.

9 November 2010

Wells Fargo invests $100m in solar projects

US-based financial services company Wells Fargo has committed to invest more than $100m by the end of 2011 to fund the development of solar photovoltaic power projects throughout the US.

8 November 2010

EEC promises high return from Caribbean solar investments

Energy Engineering Corporation (EEC) has launched a solar investment scheme that it promises will offer low risk and high return foreign investment opportunities, with a particular focus on developments taking place in the Caribbean.

8 November 2010

IEIG to plug €140m in European PV in next nine months

Ireland-based International Energy Investments Group has inaugurated two ground-mounted solar power plants in France as the initial step in a €140m Europe-wide investment strategy.

8 November 2010

CEZ negotiates €200m solar project loan with EIB

CEZ, the largest electricity producer in the Czech Republic, has confirmed to NewNet that it is in negotiations with the European Investment Bank for a €200m to advance its portfolio of photovoltaic power plants.

8 November 2010

GT Solar secures Credit Suisse facility to repurchase shares

Polysilicon production technology and solar materials supplier GT Solar International has secured a senior secured credit facility of up to $200m from Credit Suisse, to fund its share repurchase.

8 November 2010

Solar Millennium sells stake in Ibersol plant to ExtremaSol

Solar thermal developer Solar Millennium has sold a 16 per cent stake in its Spanish Ibersol power plant to an investment branch of German group ICM InvestmentBank, ExtremaSol Kraftwerks, for an undisclosed amount.

5 November 2010

New Arizona law ‘will support solar entrants’, says EnviroMission

Stricter rules on utility power plants introduced by the US state of Arizona towards the end of last month will assist and spur renewable energy companies, according to a domestic solar company.

5 November 2010

Entech Solar slims losses, profits rise

Solar module developer Entech Solar has slimmed its net loss through vastly increasing its gross profit on a quarterly and yearly basis.

5 November 2010

JinkoSolar raises $126m in follow-on offering

China-based photovoltaic manufacturer JinkoSolar said its follow-on public offering of 3.5 million American depository shares will reap gross proceeds of $126m.

5 November 2010

ReneSola experiences record Q3 revenues of $358m

ReneSola, a global manufacturer of solar wafers and equipment, achieved record third quarter results with revenues totalling $358m.

5 November 2010

Suntech Power, Infigen plan Australian solar farms

Global silicon solar module developer Suntech Power Holdings and Australia-based independent renewable energy developer Infigen have filed documents to the Australian government to develop a series of solar farms in Australia.

5 November 2010

Solar inverter company Solutronic to list before year end

Germany-based solar inverter manufacture Solutronic is tipped to list on the Frankfurt Stock Exchange by the end of the year.

4 November 2010

Solyndra consolidates factories, sheds 40 workers

US-headquartered solar manufacturer Solyndra has revealed to NewNet that it has closed one of its factories in a move to consolidate its fabrication facilities into one, as part of a business plan it formed after gaining new CEO Brian Harrison in order to bring its financing on track.

4 November 2010

Solon enters French market, converts missile launch pads to solar farms

A subsidiary of photovoltaic module manufacturer Solon has finished construction on two turnkey solar power plants in the foothills of the Alps in Provençal France.

4 November 2010

Solar Trust of America appoints executive vice president

Solar Trust of America, the parent company of Solar Millennium that is developing the largest solar energy project approved in the world to date, has appointed 20-year utility industry expert Steven Brewer as its executive vice president.

3 November 2010

Acro Energy reduces net loss on record revenue

US residential solar energy integrator Acro Energy Technologies has cut its net loss for 2009-to-date, but a negative balance remains, despite it generating record revenues in the latest quarter.

3 November 2010

Areva looks to develop $3bn solar thermal projects in India

French energy major Areva is reportedly planning to invest $3bn in India’s solar thermal power generation.

2 November 2010

Evergreen Solar reports record third quarter shipments

Evergreen Solar, a manufacturer of solar technology, reported record shipments of 42.6MW in the latest quarter compared with 39.8MW in the second quarter, an increase of about seven per cent.

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