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27 May 2011

Italy’s fourth Conto Energia welcomed by industry

Italy's long awaited fourth Conto Energia is a positive step that, although reduces subsidies for the photovoltaic sector, will provide long-term investor security, according to a continental solar manufacturer.

27 May 2011

Deal round-up: Solar finds shelter in the private sector

The penultimate week of May has seen investment stream into the solar industry on both sides of the Atlantic, amid controversy over council ‘money grabs’ in the industry and Scotland’s new Energy Minister declaring wind will be the resource to boost its economy.

27 May 2011

Suntech wins 190MW solarhybrid supply deal

NYSE-listed solar panel manufacturer Suntech Power has won a 190MW supply deal from project developer solarhybrid.

26 May 2011

UK councils accused of solar ‘money grab’

A UK council has been accused of standing in the way of progress in the solar industry by demanding that homeowners formally apply for permission to have panels installed, which the government has not said is requ

26 May 2011

Molecular Solar on hunt for further £5m cash injection

University spin-out Molecular Solar has completed seed funding but is now looking to raise a further £5m, NewNet has learnt.

26 May 2011

Morgan Solar attracts $16.5m for CPV manufacturing

Morgan Solar has raised $16.5m in the first tranche of Series B funding, which it will put to use by stepping up the manufacturing and deployment of its concentrated photovoltaic modules.

26 May 2011

juwi consortium wins $195m Maharashtra solar contract

A consortium of renewable energy developers in India led by Juwi Renewable India has been awarded an R8.84bn ($195m) contract from Maharashtra’s state power generator to build a 75MW photovoltaic project in the state.

26 May 2011

Venture-backed solar brokerage pvXchange eyes expansion into global markets

Seven year-old solar trading platform pvXchange plans to expand it position in international markets after recently securing venture backing from Wheb Partners.

26 May 2011

Principal Solar makes public debut

Renewable energy holding company Principal Solar has closed its public debut, listing its common stock on the Pink Sheets over-the-counter market.

25 May 2011

Net income wanes at China Sunergy despite improved gross margin

Chinese solar cell and module manufacturer China Sunergy exceeded its gross margin guidance in the first quarter of 2011, but its net income dropped three-quarters on a quarterly basis to $3.5m.

25 May 2011

SiC Processing annual revenues rise 60%

SiC Processing, a German company providing systems for conditioning used slurry from the solar industry, has captured a 40 per cent share of the global market for sawing suspension after increasing its revenues 60 per cent in 2010.

25 May 2011

Total files to acquire SunPower majority stake

French oil and gas group Total has made a filing with the European Commission to acquire a majority interest in Nasdaq-listed solar panel manufacturer SunPower in an all-cash transaction.

25 May 2011

Japan’s Softbank unveils solar investment opportunity

One of Japan's largest mobile phone operators has said it will commit a large percent of its revenue to solar power projects, signaling an investment opportunity for prospective developers in the region.

25 May 2011

Satcon tops US solar inverter market in Q1

Utility-scale renewable energy power conversion technology provider Satcon has captured the largest share of the US solar inverter market, according to data published in IMS Research’s quarterly inverter tracker report.

25 May 2011

Premier Power to build 1.12MW municipal solar project in California

Premier Power Renewable Energy has agreed to develop a 1.12MW solar project at the Laguna County sanitation district’s wastewater reclamation facility in California.

25 May 2011

Project Navigator to bring solar to New York’s landfill

US-based Project Navigator's solar team is to accelerate its expansion to East Coast markets with plans to build installations on New York City's landfill sites.

24 May 2011

Solar power to be key Indian power source by 2022

Solar power could meet between five and seven per cent of India's total power requirements by 2022, according to new analysis.

24 May 2011

GT Solar raises 2012 guidance on revenue growth

Solar materials and equipment provider GT Solar International has raised its annual financial outlook on the basis of achieving 65 per cent revenue growth in 2011, after it secured bulk orders that saw its shares rise nine per cent.

23 May 2011

Indian solar developer Azure Power installs new CFO

Indian solar company Azure Power has appointed Surendra Kumar Gupta as chief financial officer.

23 May 2011

New South Wales to cap FIT, halves incentive rates

Following suit with the government of New South Wales in Australia, the state government of Western Australia has reduced payments under its solar feed-in tariff scheme and announced it will cap the scheme.

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