Business Contracts
Kaco and AEC Plan Solar Projects in Saudi Arabia and MENA Region
11 March 2013POSTED IN Business News
Advanced Electronics Company (AEC) of Saudi Arabia and Kaco New Energy of Germany have signed a Memorandum of Understanding (MoU) to develop new business opportunities in the field of solar energy, with the focus on Photovoltaic (PV) inverters. The purpose is to serve the growing demand for energy in Saudi Arabia and the MENA region.
Coronal Management Names COO
28 February 2013POSTED IN Business News
Coronal Management, the manager of the Coronal New Energy Fund, has announced that Edwin F. Feo has joined its team as COO and managing director.
Consortium to Address Financing for US Solar Projects
21 January 2013POSTED IN Business News
The TruSolar Working Group was established as a collaborative consortium of 16 market leaders in the solar industry dedicated to addressing a broad array of project risks through the development of uniform standards that will facilitate lower transaction and capital costs, and improve project finance liquidity within the commercial and industrial solar segment.
China Sunergy Begins Manufacturing in Turkey
27 December 2012POSTED IN Business News
China Sunergy Co., Ltd., a manufacturer of solar cells and modules, today announced that the company has set up a new manufacturing facility in Istanbul, Turkey with local partner Seul Energy Investment Corp., a solar system provider, solar project developer and installer in Turkey.
Assurant and Solarrus Working to Reduce Risk in Solar Projects
11 December 2012POSTED IN Business News
Assurant, Inc., a premier provider of specialty insurance, announced today that it will work with Solarrus Corporation and its subsidiary, True South Renewables, Inc., a full-service solar operations and maintenance company, to reduce project risk and improve the long-term financial viability of commercial-sized solar photovoltaic installations.
First Solar Supplies PV to Chinese Project
03 December 2012POSTED IN Business News
First Solar today announced it has completed an agreement with Zhenfa New Energy Science & Technology to supply 2MW of thin-film solar modules to one of Zhenfa’s approved solar projects in Xinjiang province in the first quarter of 2013.
Isofoton to Develop 50MW PV Plant in Ecuador
16 November 2012POSTED IN Applications News
Isofoton, a leader in solar technology, and the National Electricity Council of Ecuador (CONELEC) have signed an agreement that enables the construction of a 50MW photovoltaic plant in Ecuador, the first and only one to date to obtain planning permission in the current system of premiums on the feed-in tariff in the country.
Conergy Wins Contract for Two Solar Plants in Thailand
13 November 2012POSTED IN Business News
Conergy announced that it has secured a major contract for two solar power plants in Thailand through a tendering procedure, representing a total capacity of 21 megawatts (MW).
Bisol Group to Develop 2MW Solar Plant in Kazakhstan
10 October 2012POSTED IN Applications News
Bisol Group will install a 2 megawatt turnkey solar power plant in Kazakhstan. The company has signed a contract with the investor Samruk-Energo to construct and install a ground mounted and sun-tracking PV system in the city of Kapchagay in Almaty Province.
Suntech to Supply 39MW of PV Panels for Romanian Solar Projects
08 October 2012POSTED IN Business News
Suntech Power Holdings Co., Ltd. the world's largest producer of solar panels, and EDP Renovaveis have signed a contract for Suntech to supply 39 megawatts (MW) of polycrystalline solar panels.
Yingli Partners with Solar 360 in Australia
18 September 2012POSTED IN Business News
Yingli Green Energy Holding Co. Ltd., which markets its products as Yingli Solar, today announced that Yingli Green Energy Australia Pty. Ltd. has signed a Master Distributor Agreement with Solar 360 Pty Ltd. to appoint Solar 360 as a sales partner in Australia. According to the agreement, Solar 360 will sell and promote 30 megawatts (MW) of Yingli Solar modules in Australia in the next 12 months through an Accredited Dealer Network of up to 100 accounts across all geographic regions of Australia.
JinkoSolar Modules for Chinese Power Plant
27 August 2012POSTED IN Business News
JinkoSolar Holding Co., Ltd., a vertically integrated solar product manufacturer, today announced that it has won a bid from China Guangdong Nuclear Solar Energy Development Co., Ltd. (CGN-SEDC), which focuses on solar power investment, construction, operation and maintenance.
Online Marketplace for European PV Industry
21 August 2012POSTED IN Business News
Owners with PV project licences and solar energy installations to sell can now use an online marketplace called Milk the Sun, which provides free online space to securely save data, which then can subsequently be made available to selected investors by allocating and controlling the individual access rights.
Isofoton Builds First Solar PV Plant in Dominican Republic
14 August 2012POSTED IN Applications News
Isofoton and the Government of the Dominican Republic have signed last weekend a Power Purchase Agreement (PPA) giving the company the green light to begin construction of one of Latin America’s largest photovoltaic plants.
ZNShine, Ampt Partner to Launch Optimised Solar Modules
09 August 2012POSTED IN Business News
ZNShine, a manufacturer of silicon ingots, wafers and solar photovoltaic (PV) modules, today announced a partnership with Ampt to offer global customers a smart solar module that lowers overall PV system costs and increases energy output. Under the terms of the partnership, ZNShine will incorporate Ampt's power conversion technology into its solar panels via Shoals Technologies' MultiLink junction box to deliver more energy per module while helping systems integrators to lower the cost of balance-of-system (BOS) components.
Emcore Merges Terrestrial CPV into Suncore Photovoltaics
08 August 2012POSTED IN Business News
Emcore Corporation, a provider of compound semiconductor-based components and subsystems for the fibre-optic and solar power markets, announced today that it has entered into a definitive agreement, subject to closing conditions, to consolidate its terrestrial concentrating photovoltaics (CPV) systems engineering and development efforts into its joint venture, Suncore Photovoltaics.
ReneSola Sells 8MW of Modules to Australian True Value Solar
02 August 2012POSTED IN Business News
ReneSola Ltd., a manufacturer of solar wafers and solar modules, today announced it has sold 8MW of its monocrystalline solar modules to True Value Solar, an Australian solar specialist.
Rockwell Automation Wins Solar Thermal Contract in India
01 August 2012POSTED IN Business News
Lauren-Jyoti, a joint venture between Lauren Engineers and Constructors, a US engineering, procurement and construction (EPC) company, and Jyoti Power Structures, an Indian counterpart, has awarded a $1.9 million (USD) order to Rockwell Automation and its Global Solutions team. Rockwell Automation will provide a PlantPAx-based power plant distributed control system (DCS) solution with solar field local controller panels for Godawari Green Energy in Rajasthan, India.
China Sunergy Expands Australian Market Share
24 July 2012POSTED IN Business News
China Sunergy Co., Ltd. announced today that it has signed a 7.8 megawatt (MW) solar module sales contract with Urban Group Energy, the energy arm of Urban Group Australia. Delivery of the solar modules is scheduled to be completed by the end of August 2012. Urban Group Energy's services include the wholesaling and distribution of solar PV panels and grid-tied inverters throughout Australia.
Solar Project Brings 800+ Jobs to Texas
23 July 2012POSTED IN Business News
A landmark deal signed today by CPS Energy and OCI Solar Power will result in the construction of 400 megawatts (MW) of solar energy, bring several manufacturing facilities that produce solar panel components, and create 805 jobs in San Antonio, Texas, US. Doyle Beneby, president and chief executive officer of CPS Energy, inked the contract with Tony Dorazio, president of OCI Solar Power, making the 25-year power purchase agreement (PPA) and economic development agreement official.
