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2009 Global Thin Film Solar Cell Market Share Show Sharp Increase Y/Y to 19.8%
2009 Global PV Market Grew 9.1% to 6.0GW
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MHI to Enter Lithium-ion Secondary Battery Business With Launch of Commercial Production Verification Plant by Fall 2010
Mitsubishi Heavy Industries, Ltd. (MHI) has decided to build a commercial production verification plant in Nagasaki Prefecture and launch its operation by autumn 2010 in a move toward the company's full-scale entry into the lithium-ion secondary battery market. The new plant, to be ...
(09/01/2009)
Toshiba Awarded Major Order for Multi-MW PV Project for Chubu Electric Power
Toshiba Corporation today announced that it has won a major contract to develop a multi-MW photovoltaic (PV) project for Chubu Electric Power. The order is that first that Toshiba has secured for a multi-MW PV project, and the company's systems will be installed in the ...
(08/31/2009)
Suntech Reports Second Quarter 2009 Financial Results
Total net revenues for the second quarter of 2009 were $321.0 million, an increase of 1.7% from $315.7 million in the first quarter of 2009. Total net revenues from the investee companies of GSF were $15.3 million in the second quarter of 2009 compared with $100.5 million in the first quarter. ...
(08/26/2009)
Plextronics Closes $14 Million Financing Round
Plextronics, Inc. announced that it has completed a $14 million Series B-1 financing round. The round was led by Solvay North American Investments, LLC, a member of the Solvay Group, which is an international chemical and pharmaceutical group headquartered in Brussels, Belgium. Marking Solvay's ...
(08/21/2009)
LDK Solar Reports Financial Results for Second Quarter 2009
For the second quarter of fiscal 2009, gross profit was negative $205.5 million, compared to $4.9 million in the first quarter of fiscal 2009, and $112.3 million for the second quarter of fiscal 2008. ...
(08/20/2009)
Sony Launches High-power, Long-life Lithium Ion Secondary Battery Using Olivine-type Lithium Iron Phosphate as the Cathode Material
Sony Corporation announced that it has launched a new type of lithium ion secondary battery that combines high-power and long-life performance, using olivine-type lithium iron phosphate as the cathode material. Shipment commenced in June 2009. ...
(08/19/2009)
MDI acquires Takei Electric Industries
Mitsuboshi Diamond Industrial Co.,Ltd.("MDI" below / Headquarters: Suita City, Osaka Prefecture / President: Yasuaki Miyake) announces that on July 31st 2009 51% of the issued shares of Takei Electric Industries Co.,Ltd. have been acquired. ...
(08/18/2009)
Suntech Energizes Yas Marina Circuit in Abu Dhabi with Solar Energy
Suntech Power Holdings announced it has been selected by Aldar Properties PJSC to supply over 1,120 solar panels for a 292 kW solar system for The Shams Tower, an iconic building on Yas Marina Circuit in Abu Dhabi. Enviromena, the Abu Dhabi based solar power system integrator, has designed and will install the solar system and Aldar, Abu Dhabi's leading property development, management and investment company, is developing the project. "We commend Aldar and the Yas Marina Circuit management for incorporating Abu Dhabi's sustainable vision into the course design," said Nader Jandaghi, Suntech's Director of Middle East Sales. "They have shown motorsport enthusiasts worldwide that racing excellence can also contribute to a cleaner tomorrow. Suntech looks forward to continuing to collaborate with highly experienced partners such as Aldar and Enviromena to bring solar to the UAE." The 2,500 square meter building integrated solar array, which sits on the 60-metre high Shams Tower, will simultaneously provide shade for the car park underneath and produce 450 megawatt hours of clean, solar electricity annually. Power generated will not only offset electricity needs during motorsports events, but will also continue to power the Yas Marina Circuit facility for decades, saving 400 tons of greenhouse gases annually. "Enviromena is delighted to be working with Aldar and Suntech on the Yas Marina Circuit. This unique project will demonstrate how solar can be incorporated into the built environment and serve as a high profile example for sustainable design in Abu Dhabi," said Sami Khoreibi, President and CEO of Enviromena. "Suntech's expertise in building integrated solar products and commitments to quality and technology innovation are an excellent fit with Enviromena's mission to promote environmentally sustainable development in the Middle East." Steve K Worrell, Aldar's Director-Mixed Use Development, Yas Island Project, said, "We are very pleased that with the assistance of Enviromena and Suntech, we were able to create a solar solution that delivered impressive aesthetics and maximized solar energy production at the Yas Marina Circuit development. The government of Abu Dhabi is committed to achieving a target of 7% renewable energy by 2020 and Aldar is delighted to play its part in this goal." Abu Dhabi was recently picked as the headquarters for the International Renewable Energy Agency, and continues with initiatives to show the rest of the region how clean solar energy can co-exist within population centers. Abu Dhabi's sustainability culture was the vision of His Highness, the late Founding Father and President of the United Arab Emirates, Sheikh Zayed bin Sultan al Nahyan, who championed the cause of environmental stewardship. This is the second high profile project in the Middle East that Suntech has participated in. Earlier this year, Suntech supplied 5MW of solar panels for a 10MW solar system to power Masdar City, the world's first carbon neutral city being built in Abu Dhabi. The project was also designed and installed by Enviromena. ...
(08/14/2009)
Q-Cells has presented its half-year report up to 30 June 2009
The photovoltaics company Q-Cells SE has presented its half-year report up to 30 June 2009. Following the considerable decline in business performance for Q-Cells SE in the first six months of the current year, the Board of Management is introducing a comprehensive set of measures to fundamentally improve the company's performance. ...
(08/14/2009)
ET Solar Group Supplies 1MW Solar Modules to a Large Ground Mounted Solar Plant in India
ET Solar Group, a Nanjing-based integrated manufacturer of photovoltaic products (ingot, wafer, modules and tracking systems) and system integrator announced a 1MW high efficiency module supply transaction to a large system integrator for an Indian project. ...
(08/13/2009)
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