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Posts Tagged ‘solar energy’

2 March 2012

Hawaiian solar company Hoku secures $10m credit facility

Hawaii-based solar company Hoku has secured a five-year, $10m credit agreement with the New York branch of the China Merchants Bank.

1 March 2012

ESA gets approval for 22 Tennessee solar plants

US-based ESA Renewables has been given the green light from the Tennessee Valley Authority for 22 solar arrays.

1 March 2012

Foresight brings PV portfolio to 16MW on Element acquisition

European investor Foresight Group has purchased two ground mounted solar photovoltaic plants from Element Power bringing its portfolio in the space to 16MW.

1 March 2012

Microsol makes offer for insolvent Solon

Cleantech company Microsol, which is based in the United Arab Emirates, has made a binding offer to purchase the operating business of insolvent German solar company Solon.

1 March 2012

GE doubles solar investments to $1.4bn in 2011

generic-solar_170_170 The investment arm of US electronics giant General Electric has announced that it spent $1.4bn supporting solar projects last year, more than double its commitment in 2010.

29 February 2012

Silver Lake, Valor lead SolarCity’s $81m fundraise

solarsunshine_170_1701 US company SolarCity has raised $81m through equity financing to support its expansion strategy and potential acquisitions.

29 February 2012

EDF to acquire assets, staff of bankrupt solar company Photowatt

The Commercial Court of Vienne in France has authorised EDF Energies Nouvelles Reparties to purchase the assets of bankrupt solar company Photowatt International.

29 February 2012

First Solar records $39m loss for 2011

US photovoltaic company First Solar has recorded a $39m net loss for 2011, a significant turnaround from the $664m profit the company achieved in 2010.

29 February 2012

Borrego Solar completes 3.4MW PV array for US military

US company Borrego Solar Systems has completed the installation of photovoltaic arrays with a combined capacity of 3.4MW at the Edwards Air Force Base in southern California.

28 February 2012

European PV companies must diversify to ensure growth, says expertp

European solar manufacturers must differentiate their products and break into new markets in order to survive, according to one expert.

27 February 2012

BP exits Australia’s Moree Solar Farm, Pacific Hydro steps in

The Australian consortium representing the Moree Solar Farm development have provided a revised bid for solar flagship funding to save the proposed 150MW photovoltaic project as BP exits the deal.

22 February 2012

Yingli predicts 30% decline in Q4 shipments

Chinese photovoltaic manufacturer Yingli Green Energy said preliminary indications suggest a 30 per cent decrease in quarterly PV module shipments for the end of fiscal 2011.

22 February 2012

Canadian Solar revises up Q4 shipment forecast

Canadian Solar has updated its fourth quarter guidance and now expects module shipments in the range of 430MW to 440MW, significantly up from the original forecast of 340MW to 360MW.

21 February 2012

Europe Solar Utility sells 3.7MW of UK PV systems

Photovoltaic project developer Europe Solar Utility has completed the sale of 3.7MW of PV assets to Thames Water.

21 February 2012

Meidensha completes 10MW Japanese PV plant

Japanese technology company Meidensha has completed installation of a 10MW photovoltaic plant in the Yamanashi Prefecture, west of Tokyo in Japan.

20 February 2012

Matinee Energy breaks ground on Arizona solar research centre

Matinee_Energy_170SQ US solar company Matinee Energy has broken ground on a new 50-acre research centre in Benson, Arizona.

17 February 2012

Stock round-up: Cautious optimism abounds in solar sectorp

Stock markets are starting to show cautious signs that the investment community is regaining confidence in the solar sector.

17 February 2012

San Diego Gas & Electric signs 200MW solar PPA

US utility San Diego Gas & Electric has signed a 25-year power purchase agreement for 200MW of electricity from California’s Mount Signal Solar project.

17 February 2012

SunPower records $604m 2011 net loss

US solar company SunPower has recorded a $604m GAAP net loss for 2011, after having made a $179m profit in the previous year.

17 February 2012

Trina secures $100m from Standard Chartered Bank

stock-solar-for-trina_170SQ Chinese photovoltaic manufacturer Trina Solar has secured a three-year structured loan worth up to $100m from Standard Chartered Bank.

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