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15th March 2010
US solar company First Solar has sold a 30MW photovoltaic solar project in New Mexico to electricity generator Southern Company and solar development company Turner Renewable Energy. Financial terms of the transaction were not disclosed.
12th March 2010
French solar company Solaire Durance, a joint venture between state-owned financial institution Caisse des Dépôts and French solar operator Solairedirect, has closed the financing of the Les Mées 1 and 2 photovoltaic solar parks in Provence for more than €100m.
12th March 2010
A leading German politician, Bavaria state premier Horst Seehofer said plans to cut solar energy feed-in tariffs are excessive and unacceptable, according to reports.
12th March 2010
Global solar installations totaled 15,000MW at the end of 2008 with Chinese production sky-rocketing to five times the output of the US, according to figures released by the Earth Policy Institute (EPI).
12th March 2010
US solar cell manufacturer SunPower, which recently committed to providing 200MW of solar capacity to Edison International, has been awarded two grants totalling around $1.5m from the California Solar Initiative Research, Development, Deployment and Demonstration (CSI RD&D) programme.
11th March 2010
The first 510 large-scale projects have been given the go-ahead under a new feed-in tariff (FIT) programme launched in Ontario, Canada.
11th March 2010
The co-founder and CEO of German solar power firm Q-Cells Anton Milner has resigned with immediate effect after the company posted a 2009 loss of €1.4bn.
11th March 2010
Sensata Technologies, a maker of sensor and controls technology for applications including alternative fuel vehicles and solar panels, has raised $568.8m from its initial public offering, with shares to be listed on the New York Stock Exchange tomorrow.
11th March 2010
Solar technology manufacturer SunPower will provide 200MW of solar power capacity to Edison International, equivalent to 80 per cent of the utility’s large solar photovoltaic (PV) installation programme. Financial terms of the deal have not been disclosed
11th March 2010
Solar energy company SunEdison, a division of MEMC Electronic Materials, has received final approval from the Italian government to develop and construct a 72MW photovoltaic (PV) solar power plant in Northeastern Italy, near the town of Rovigo. When completed, this is expected to be the largest PV solar power plant in Europe.
11th March 2010
Solar photovoltaic (PV) manufacturer Trina Solar has signed a sales agreement with Essco Wholesale Electric, the southwest US company of electric distributor Sonepar USA, through Trina’s subsidiary, Changzhou Trina Solar Energy.
11th March 2010
Solar photovoltaic (PV) company Applied Materials has opened it newly expanded Tainan Manufacturing Center in Tainan, Taiwan.
10th March 2010
Energy group E.ON said it continued to invest in renewables through large-scale wind-farm projects in the US and its first solar projects during 2009 despite recording a six per cent drop in sales
10th March 2010
Solar technology manufacturer GT Solar saw its share price fall today as it priced a secondary offering of 25 million shares of common stock at $4.85 each.
10th March 2010
Soliant Energy, a US provider of concentrated solar energy systems, has appointed Ben Jamison as vice president of marketing, reporting to Terry Bailey, chairman and CEO.
10th March 2010
Canadian solar LED developer Carmanah Technologies Corporation and airfield technology company ADB Airfield Solutions are to expand a partnership agreement to include Europe, South America, the Middle East, Africa and Asia Pacific, focused on solar-powered LED airfield lights manufactured by Carmanah.
9th March 2010
Recurrent Energy, an independent power producer and developer of distributed solar power projects, has hired Patrick Caramante as the company’s new vice president of engineering & construction. In this role, Caramante will be responsible for the design, installation, commissioning, and operation of Recurrent Energy’s portfolio of distributed-scale solar projects.
‘Pat adds to the team’s depth of [...]
9th March 2010
Industrial power electronics company AEG Power Solutions has taken a majority stake in skytron energy. The amount of the transaction, which was paid in cash, is not being disclosed.
9th March 2010
German solar-system integrator Phoenix Solar saw its share price jump today as it recorded its best results yet with revenues for the final quarter of the year totaling €230.8m, almost half of the full-year’s result.
9th March 2010
Chinese solar energy company Yingli Green Energy reported a fourth quarter loss of $6.6m due to operating expenses and foreign exchange losses but said it remained confident in its ability to achieve its full-year shipment guidance of up to 1GW.
9th March 2010
NASDAQ-listed solar module manufacturer First Solar has signed a power purchase agreement to supply US energy utility Pacific Gas and Electric Company with renewable electricity from a 300MW utility-scale photovoltaic solar power facility that First Solar is developing in Southern California.
9th March 2010
Solar power developer Prime Sun Power has agreed to sell a 25MW solar photovoltaic power plant in Italy. The company said that the sale is expected to generate gross revenues of over €100m in 2010.
9th March 2010
Solar module manufacturer Solar Power has received an initial commitment of $24.7m in Recovery Zone Facility Bonds (RZFB) by Sacramento County
9th March 2010
European solar module manufacturer Solon has closed a framework agreement for the supply of solar modules over several years with the solar distributor entrason.
9th March 2010
US photovoltaic company SPG Solar has hired Chris Robine as senior vice president and CFO. Robine replaces Paul McKnight who will be leaving SPG Solar to pursue other opportunities.
8th March 2010
Shell’s Japanese solar subsidiary Showa Shell’s rebranding to Solar Frontier represents its first real entry to the US markets where it sees significant growth potential, its director of international business Brooks Herring told NewNet.
8th March 2010
Semiconductor equipment maker for the solar industry Applied Materials has increased its dividend by 17 per cent and approved a new stock buyback programme authorising up to $2bn in repurchases over the next three years
8th March 2010
Listed energy developer Bergamo Acquisition has announced a new, $500m solar power project for the Republic of Lebanon.
8th March 2010
AIM-listed investment firm Low Carbon Accelerator (LCA) has invested £500,000 in wind and solar power project developer Vigor Renewables in order to cash-in on UK feed-in tariffs (FITs).
8th March 2010
Chinese solar cell manufacturer Tainergy Tech will list on the Taiwan Stock Exchange this year and enter loan arrangements to boost its domestic production capacity, according to reports.
5th March 2010
Italian power utility Enel may merge its Spanish renewable energy assets and those of Endesa into its Enel Green Power subsidiary ahead of a possible sale this year, according to reports.
5th March 2010
An emerging Chinese solar market may help reduce excess global capacity as many European countries struggle to sustain their businesses models in the face of changing government incentives, an analyst told NewNet.
5th March 2010
Solar module manufacturer Suntech Power reported an increase in both revenue and profit for the fourth quarter 2009 and expects first quarter 2010 shipments to increase by five to ten per cent.
5th March 2010
Government-owned investment company Finnish Industry Investment has made a €6.6m investment in glass technology company Glaston, which supplies the solar industry.
5th March 2010
The share price of investment company Solar Capital recovered after an initial drop yesterday after it said it had $863.1m under management at the end of 2009, a month after it raised $109m in an initial public offering (IPO
5th March 2010
Spanish renewable energy company Proinsohas been awarded the supply of 3.2MW of various solar photovoltaic farms in Greece.
4th March 2010
The Texas Public Utility Commission is moving toward implementing the Texas legislature’s mandate that the state’s energy include at least 500MW of new power from sources other than wind by 2015.
4th March 2010
Solar technology company SwissINSO Holding has added Timothy Tolhurst to its board of directors.
4th March 2010
US developer of solar power plastic films Konarka has received $20m in funding after signing an agreement with Konica Minolta.
4th March 2010
Japanese manufacturer Kyocera said it will begin manufacturing solar modules in California, US, this year as it increases its annual production targets to 1QW per year by 2013.
4th March 2010
Canadian Solar will ramp-up its deliveries in the first half of the year ahead of proposed cuts to the country’s feed-in tariffs, the Chinese company said during an earnings call.
3rd March 2010
US full-service solar provider SolarCity has created a $90m fund with US Bancorp Community Development Corporation (USBCDC) to further commercial and residential solar projects in 2010.
3rd March 2010
The Chinese government has put together a ten-year programme to boost the generation of clean energy and ensure it accounts for 15 per cent of the country’s electricity by 2020, according to reports.
3rd March 2010
Solar cell manufacturer Canadian Solar said it remains optimistic about its prospects in 2010 with an increasing customer base in emerging markets and the ability to leverage Canadian feed-in tariffs, as it posted a 2009 revenue decrease of about $40m.
3rd March 2010
Germany’s cabinet has agreed for proposed cuts to solar feed-in tariffs (FITs) to begin in July, according to reports.
3rd March 2010
US renewable energy technology developer Entech Solar CFO Sandra J Martin has resigned. She also held the position of chief accounting officer.
3rd March 2010
Solar micro-inverter company Enecsys has appointed Bernd Kohlstruck as vice president of sales and marketing, Europe. He will also take up the position of managing director of newly launched division, Enecsys Europe, located near Frankfurt, Germany.
2nd March 2010
The proposed reduction to Germany’s solar feed-in tariffs (FITs) will destroy the free-field installation sector, renewable energy firm juwi told NewNet.
2nd March 2010
Global photovoltaic (PV) manufacturer Scheuten Solar has expanded its production line in Gelsenkirchen, Germany, with an additional 60MW.
2nd March 2010
The 2009 turnover of renewable energy project development firm juwi was dominated for the first time by its international business instead of domestic activity in Germany and told NewNet it plans to increase its American wind business in the coming year.
NewNet's Essential CleanTech Investor Summit was completely sold out. Over 450 investors, innovators and influencers within clean technology and renewable energy attended on the day. The Investor Summit was Europe's largest event focused around investors and deal-makers.
For more on the Summit go to: www.NewNetInvestorSummit.com
