MidAmerican Renewables, LLC Completes Acquisition of 550-MegawattAC Topaz Solar Farm

The press release states, “MidAmerican Renewables, LLC, a subsidiary of MidAmerican Energy Holdings Company, announced it has completed its acquisition of the Topaz Solar Farm from First Solar, Inc. (NASDAQ: FSLR). The 550-megawatt photovoltaic power plant being built in San Luis Obispo County, Calif., will have the capacity to generate enough renewable energy to power [...]

First Solar Sets Another World Record for CdTe Solar PV Efficiency

According to the press release, “First Solar, Inc.  today announced it set a new world record for cadmium-telluride (CdTe) photovoltaic (PV) solar module efficiency, achieving 14.4 percent total area efficiency. The U.S. Department of Energy’s National Renewable Energy Lab (NREL) confirmed the record, which eclipsed the prior record of 13.4 percent, which also was set [...]

Senate Passes Udall-Schumer ‘Buy American’ Solar Amendment for Defense Dept.

According to the press release, ” U.S. Senators Tom Udall (D-N.M.) and Charles E. Schumer (D-N.Y.) today hailed the passage of an amendment they sponsored to close loopholes that put American manufacturers of solar technology at a disadvantage to foreign competitors. The Buy American Solar Amendment, which passed Thursday night as part of the 2012 [...]

NRG Energy Acquires Solar Developer Solar Power Partners

According to the press release, “NRG Energy, Inc. has acquired San Francisco-based Solar Power Partners, a leading developer of commercial and industrial (C&I) distributed solar projects. In addition to 30 megawatts (MW) of distributed solar projects in operation or under construction, NRG also will secure development rights to Solar Power Partners’ extensive pipeline of development projects [...]

Solyndra Goes Bankrupt, Workers Laid Off

Solyndra LLC has filed for Chapter 11 bankruptcy protection. Staff has been laid off. Solyndra is a Fremont-based manufacturer of solar power systems. Global economic conditions and the solar industry have made their business model unsustainable. In June, the company dropped plans for an IPO. American solar manufacturers have been affected by a worldwide plunge [...]

First Solar Dedicates Mesa Factory Site

According to the press release, “First Solar, Inc.  dedicated its factory site in Mesa, Ariz., at a ceremony held this morning. The company also announced that Todd Spangler has been appointed Site Director and General Manager of the new Mesa factory, having previously served as General Manager of First Solar’s factory in Perrysburg, Ohio. Mike [...]

Evergreen Solar Inc. Files for Bankruptcy

The Massachusetts company, Evergreen Solar Inc. has filed for bankruptcy.  The company received millions in state subsidies such as a $58 million financial aid package from Governor Deval Patrick’s administration.  The company listed US$ 485.6 million in debt.  The firm failed to rework its debt and cut 800 jobs.  Evergreen was devastated by competition from low-cost producers in [...]

DOE to Invest $50 Million to Advance Domestic Solar Manufacturing Market

The press release states, “U.S. Energy Secretary Steven Chu today announced a $50 million investment over two years for the SUNPATH program, aimed to help the nation reclaim its competitive edge in solar manufacturing. SUNPATH, which stands for Scaling Up Nascent PV At Home, represents the second solar Photovoltaic Manufacturing Initiative (PVMI) supporting the Department [...]

Semprius Secures $20 Million in Funding for Production of Advanced Solar Modules

According to the press release, “Semprius, Inc., a leading innovator in high concentration photovoltaic (HCPV) solar modules, recently secured $20 million in its first tranche of Series C venture fundraising. Siemens Venture Capital led the investment round and was joined by ARCH Venture Partners, Applied Ventures, Illinois VENTURES, Intersouth Partners, In-Q-Tel and GVC Investment. Semprius [...]

DOE Offers Loan Guarantee for $4.5 Bil in Loans for 3 CA Solar Power Plants

According to the press release, “U.S. Energy Secretary Steven Chu today announced offers of conditional commitments for loan guarantees, of approximately $4.5 billion, to support three alternating current Cadmium Telluride (Cd-Te) thin film photovoltaic (PV) solar generation facilities.  The Department is offering a conditional commitment for a $680 million loan guarantee to support the Antelope [...]

Google allocates $280 Mil in Residential Solar Projects

According to the Google Green Blog (official Google Blog), “Imagine sitting on your patio watching the sun’s rays pass overhead, knowing that they power your home with clean energy—at a cost that’s less that what you would have paid using just the grid. That’s what my colleague, engineer Michael Flaster, has been doing at his [...]

First Solar Reaches 4 Gigawatt Manufacturing Milestone

According to the press release, “First Solar, Inc. (Nasdaq: FSLR) today announced that it has manufactured 4 gigawatts (GW) of thin-film photovoltaic solar modules since beginning commercial production in 2002. A 4GW generation capacity is enough solar electricity to power around two million households, displacing more than 2.5 million metric tons of CO2 emissions a [...]

Yingli Green Energy Subsidiary Receives RMB 1.16 Billion Five-Year Bank Loan

The press release states, “Yingli Green Energy Holding Company Limited (NYSE: YGE) (“Yingli Green Energy” or the “Company”), a leading solar energy company and one of the world’s largest vertically integrated photovoltaic manufacturers, which markets its products under the brand “Yingli Solar,” today announced that Yingli Energy (China) Company Limited (“Yingli China”), a wholly-owned subsidiary [...]

Morgan Solar Closes $16.5 Million in Funding

The press release states, “Morgan Solar Inc. has closed USD $16.5 million in the first tranche of its Series B funding round to ramp up manufacturing and deployment of its Sun Simba concentrated photovoltaic module. The Sun Simba, based on Morgan Solar’s unique, patented Light-guide Solar Optic, is an ultra-thin, lightweight module that is simple [...]

First Solar & China Power International New Energy Announce International Cooperation Framework Agreement

According to the press release, “First Solar, Inc. (Nasdaq: FSLR) and China Power International New Energy Holding Limited (CPINE), a wholly owned subsidiary of China Power New Energy Development Company Limited (CPNE; HKEX Stock Code: 735), today signed a strategic cooperation framework agreement to collaborate on solar photovoltaic (PV) projects in China, the United States [...]

Total Takes Controlling Position in SunPower

The press release states, “SunPower and Total today announced that the two companies have entered into a broad strategic relationship to shape the future of the solar industry. Total Group will launch a friendly tender offer through a wholly owned subsidiary for up to 60 percent of SunPower’s outstanding Class A Common shares and 60 [...]

Google Invests in Solar Power Plant Together with Capital Stage AG

According to the press release, “Google is co-operating with Capital Stage AG from Hamburg / Germany on making its first investment in renewable energies in Europe. In this context, Capital Stage is selling 49% of the recently acquired 18.7 MW solar power plant in Brandenburg to Google. Technically, the investment still needs to be ratified [...]

SunPods Inc. Announces the First Pre-packaged Solar Arrays Ready for Global Export

According to the press release, “SunPods Inc., a manufacturer of the first complete, factory-built solar array, announced today that the SunPods Solar Energy Export Kit (SEEK™) is now available to all International Partners. The pre-packaged and containerized solar arrays are designed for shipment to any global destination. SunPods International Agents will assemble the SunPods and [...]

Solyndra Closes $75 Mil Credit Facility

According to the press release, “Solyndra, a manufacturer of cylindrical solar photovoltaic (PV) systems for large industrial and commercial rooftops, today announced the closing of a new $75 million secured credit facility underwritten by existing investors. The proceeds from the financing will be used to support Solyndra’s working capital requirements, accelerate the Company’s ongoing cost [...]

Imperial Valley Solar Project Acquired by AES Solar

According to the press release, “Tessera Solar announced today that AES Solar, a joint venture between the AES Corporation and Riverstone Holdings, has acquired the Imperial Valley Solar Project. AES Solar develops, finances, constructs, owns and operates utility‐scale solar power plants, globally. AES Solar intends to move the project forward and is committed to working [...]

First Solar, Southern California Edison Sign Contract for 250 MW of Solar PV Power

The press release states, “Southern California Edison (SCE) has signed a power purchase agreement with First Solar for 250 megawatts AC of electricity to be generated with solar photovoltaic panels. This emission-free power source is the equivalent, in greenhouse gas terms, of removing 30,000 cars from the road annually. The solar panels will be ground-mounted [...]

SolarCity and Citi Announce New Fund for Residential Solar Projects

According to the press release, “SolarCity, a national leader in solar power system design, financing, installation, monitoring and related services, and Citi (NYSE: C), the leading global financial services company, today announced a new fund to finance $40 million in residential solar projects in 2011. This is the first collaboration between SolarCity and Citi, and [...]

Solopower Announces New Solar Panel Manufacturing Facility in Oregon

According to the press release, “SoloPower, Inc., a California-based manufacturer of flexible, thin film solar cells and modules, announces it will locate a high volume manufacturing facility in Wilsonville, Oregon. The initial phase of this expansion will be the construction of a 75 MW manufacturing line which will create 170 new jobs. Upon completion, the [...]

Trina Solar Announces Three-Year $800 Million Investment in Changzhou Trina PV Park

The press release states, “Trina Solar Limited (NYSE: TSL) (“Trina Solar” or the “Company”), a leading integrated manufacturer of solar photovoltaic (PV) products from the production of ingots, wafers and cells to the assembly of PV modules, announced that it intends to invest approximately $800 million over three years in Changzhou Trina PV Park. The [...]

Trina Solar Announces India Solar Power Plant Completion with Lanco Solar

According to the press release, “Trina Solar Limited (NYSE: TSL) (“Trina Solar” or the “Company”), a leading integrated manufacturer of solar photovoltaic (PV) products from the production of ingots, wafers and cells to the assembly of PV modules, announced today through its subsidiary, Changzhou Trina Solar Energy Co. Ltd., the completion of a 5 MW [...]

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