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11 October 2010

Morgan Stanley finances Main Street Power solar projects

Morgan Stanley has agreed to finance solar projects to be developed and operated by US solar project developer Main Street Power, with an aggregate capacity of 4.5MW.

11 October 2010

Hyundai, Saint-Gobain to build South Korean solar facility

Global construction giant Saint-Gobain is set to advance its entry solar business by constructing a third photovoltaic (PV) solar plant in partnership with Hyundai Heavy Industries.

11 October 2010

Solar investor Bergamo Acquisition Corporation completes pre-funding requirements

Strategic acquisition corporation Bergamo has posted $1.1m in banking fees, representing the final requirement to secure a $100m in equity funding facility.

11 October 2010

Concentrix Solar, Johnson Controls partner to develop utility-scale concentrator PV facilities

Concentrator photovoltaic (CPV) equipment supplier Concentrix Solar, a subsidiary of Euronext Paris-quoted silicon product supplier Soitec, has finalised its global alliance with energy efficiency company Johnson Controls.

11 October 2010

Canadian Solar passes 2010 financial baton to special adviser Andrew Chen

Canadian Solar has appointed its special adviser Andrew Chen as its new CFO, reiterating its quarterly and full year 2010 financial outlook for the year that it faced investigation from the Securities Exchange Commission into undisclosed 2009 sales transactions followed by mounting class action law suits.

11 October 2010

Hyundai Heavy Industries wins solar contract, beats Chinese competitors

Korean shipbuilder Hyundai Heavy industries (HHI) has won a $700m deal to build solar projects for US-based renewable energy project developer Matinee Energy, beating European and Chinese competitors.

11 October 2010

LDK Solar raises 3Q guidance

Multicrystalline solar wafer manufacturer LDK Solar has raised its third quarter shipment and revenue guidance for the third quarter of the year after it met manufacturing capacity targets at the end of last month.

8 October 2010

Solarlite tests solar thermal power plant in Southeast Asia

Solarlite, a German solar trough company based in West Meckelburg, has announced the development of the successful down-scaling of concentrated solar power (CSP) technology.

8 October 2010

France’s Tenesol creates joint venture with AGC in solar glass production

France’s Tenesol, a global solar power provider, has engaged in a joint venture with AGC Vertal Sud-Est in Lyon, with an agreement to produce BIPV crystalline SI modules, starting in 2011. AGC, an established glass maker will produce customised laminated glass modules from specifications provided by Tenesol.

8 October 2010

French Solar company Solairedirect raises further €80m

Integrated French solar company Solairedirect has raised €80m for the further development of its solar projects in France and abroad. The company also claims that they have reduced the production cost (levelised cost of electricity) to an unprecedented €0.154/KWh produced.

8 October 2010

Bohemian rhapsody for Murphy & Spitz Green Energy

Murphy & Spitz Green Energy, the German green energy power provider, has signed on a 660KW photovoltaic project in the Czech Republic, seeking to draw on a favourable feed-in tariffs. The project based in north-western Bohemia, will be built on a brownfield site and will start producing power in November this year.

8 October 2010

Lightweight solar PV structures are the future, says manufacturer

The solar photovoltaics (PV) market needs to progress from heavy, rigid structures that are expensive to ship and install, to conformal, thin, lightweight PV structures in order to expand the technology’s applications, according to slim card manufacturer IDTech.

8 October 2010

First Solar reaps 380MW in new orders within weeks

Solar module manufacturer First Solar has secured new agreements with seven key customers that raises its orders for 2011 by 380MW above previously-announced volumes.

7 October 2010

JA Solar eyes US market penetration, secures supply agreement with manufacturer

China-based solar cell manufacturer JA Solar Holdings has signed an agreement to deliver over 13MW of high efficiency, mono-crystalline solar cells to an undisclosed US solar module manufacturer and systems company.

7 October 2010

JPMorgan finances $60m SunEdison solar deployments

Global financial services firm JPMorgan Capital has agreed to grant solar energy service provider SunEdison an estimated $60m in project financing for US deployments.

7 October 2010

Spire develops world record solar photovoltaic cell efficiency

Energy technology company Spire Semiconductor has developed a concentrator photovoltaic (CPV) solar cell with the highest efficiency to date.

7 October 2010

Masdar PV to deliver high-grade thin-film modules to integrator biomo solar

Solar module manufacturer Masdar PV will supply its 1MWp thin-film solar modules to system integrator biomo solar to integrate into a number of roof installations in Germany under a new supply contract.

6 October 2010

Universal Power Group expands into Latin America

US-based battery and solar product supplier Universal Power Group (UPG) has launched a new Latin America Group in collaboration with export management company Castelmec.

6 October 2010

Cogenra Solar secures $1.5m research grant to develop solar cogeneration technology

Distributed solar cogeneration and renewable energy system and service provider Cogenra Solar has been awarded a $1.5m research grant from the California Solar Initiative Research, Development, Deployment and Demonstration (CSI RD&D) Program.

6 October 2010

Tessera Solar project first to gain California state and federal approval

NTR solar subsidiary Tessera Solar’s California-based Imperial Valley solar project has become the first utility-scale solar power project to be approved by both the state and federal governments, following the issuance today of the Bureau of Land Management (BLM) record of decision.

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