Solar Junction Raises $19.2 Million to Scale up Manufacturing Capacity

Solar Junction Wafer

Solar Junction, a developer of high efficiency multi-junction cells for the concentrated photovoltaic (CPV) market, today announces the close of its Series D financial round of $19.2 mil from current investors with an additional strategic investment and partnership from IQE. This investment and partnership is to scale up Solar Junction’s manufacturing of its world record [...]

World’s Most Successful Investor Moves into U.S Solar Energy

Warren buffett buys topaz-solar-farm

In case you missed it Warren Buffett who is widely regarded as one of the most successful businessman in the world has decided that the time is right to invest in the U.S. Industry. His MidAmerican Energy Holdings Company has announced that it has entered into definitive agreements to acquire the Topaz Solar Farm from [...]

Clean Energy Company Launches $6M IPO on New Asian Cleantech Stock Exchange

frontier-solar-panels ipo asia cleantech stock market

Frontier Solar Limited (SIM:FSO) a Brisbane-based solar mounting technology company with patented designs for reduced installation times, high wind resistance and tracking, with an established residential and large-scale international client-base today announced a $6m Initial Public Offering (IPO). The Company’s technology brand Frontierac is produced by the subsidiary company based in Shanghai, established in 2005. [...]

Duke Energy Renewables Acquires Three North Carolina Solar Farms

Murphy Farm Solar Project

Duke Energy Renewables has acquired three 1-megawatt (MW) commercial solar projects in the southwestern corner of the state. The company now owns seven commercial solar farms in North Carolina. Duke Energy Renewables, part of Duke Energy’s Commercial Businesses, purchased the portfolio of photovoltaic (PV) projects from ESA Renewables, LLC, which designed and built the generation [...]

First Solar Postpones New Vietnam Factory to Adjust to Market Demand

first solar manfacturing plantpostponed

First Solar, Inc. has announced it has consolidated its manufacturing capacity plan and accelerated progress toward its module conversion efficiency and production throughput targets. The company will postpone commissioning of its Vietnam factory until global supply and demand dynamics support the additional capacity. First Solar will continue developing its factory in Mesa, Ariz., in order [...]

Thin Film Investments and Opportunity in India

india solar thin film industry

Last week PV Insider spoke to Joseph Hudgins of the International Finance Corporation (IFC) about the drivers behind thin film investment decisions and how the Indian PV market can take off Ahead of his presentation at Thin Film USA (1-2 December, SanFrancisco), Joseph Hudgins, Principal Solar Scientist, Climate Business Group of the IFC, put a [...]

Suntech Power Holdings Response to SolarWorld Petition Against China

suntech power holdings response petition against china dumping solar panels

Suntech Power Holdings Co., Ltd. (NYSE: STP), the world’s largest producer of solar panels, offers the following statement regarding Solarworld’s petition filed simultaneously with the US International Trade Commission (ITC) and the US Department of Commerce (DOC). We’re currently reviewing the petition filed with the US International Trade Commission and the US Department of Commerce. [...]

New Financing Programs Put Solar Developers Back in Control

residential solar financeing and loans

Under traditional solar leasing programs, installers are paid a one-time development fee, while the leasing company retains the long-term profits from years of monthly payments. Now Adam Capital Clean Energy Asset Finance LLC has developed new programs that allow solar developers to offer their own internal leasing or financing programs. Developers can offer their own [...]

Romania. €60 million Programme to Fund Sustainable Energy Investments

EBRD sustainable energy investments

EBRD launches €60 million energy efficiency facility for small businesses in Romania The European Bank for Reconstruction and Development is helping small and medium-sized enterprises (SMEs) in Romania improve their energy efficiency with a newly launched €60 million programme to fund sustainable energy investments. The funds will be channelled to Romania’s real economy, through local [...]

First Solar’s Topaz Solar Farm Will Not Meet DOE Loan Guarantee Deadline

first_solar_building

First Solar in Advanced Talks on Sale and Financing of the Project First Solar, Inc. (Nasdaq: FSLR) this week announced the Topaz Solar Farm project will not meet the statutory deadline to receive a federal loan guarantee from the U.S. Department of Energy (DOE). The Topaz project meets the standards for inclusion in the loan [...]

Storing Solar Made Electricity for Electric Vehicle Charging

President+Obama+Addresses+Workers+Energy+Corp+ jobs in renewable

ZBB Energy Corporation the leading developer of intelligent, renewable energy power platforms, announced this week a contract from a major utility to provide an energy system for use in a grid interactive (grid-tied) application utilizing the ZBB EnerSystem(TM) integrated power management and energy storage platform. A US investor-owned utility company has ordered the new ZBB EnerStore(TM) [...]

Dispute between Solar Millenium and former Chairman of Executive Board May Have Resolution

solar millenium concentrated parabolic solar thermal power

Supervisory Board of Solar Millennium welcomes settlement proposed by District Court of Nuremberg-Fürth Settlement negotiations restarted under court of first instance Chairman of the Supervisory Board Pflaumer “We welcome a court-moderated settlement and we will hold to the gentlemen’s agreement” Dr Werner Meyer, presiding judge of the second chamber of the District Court of Nuremberg-Fürth, [...]

SunPower Announces Proposal to Reclassify Class A and Class B Common Stock into a Single Class of Common Stock

sunpower-corp-solar-cells

SunPower Corp. today announced that its board of directors has authorized and will recommend that shareholders approve a proposal to reclassify all outstanding shares of the company’s Class A common stock and Class B common stock into a single class of common stock on a one-for-one basis.  The new common stock will have the same [...]

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