SolarCity, a solar systems designing, funding, erecting, and monitoring services providing company, and Citi, a worldwide financial services providing company, have declared the formation of a new fund valued at $40 million to finance solar projects meant for households in 2011.
The recent Lux Research report titled “Solar Thermal Update: The Renaissance of Concentrating Solar Power” points out that despite cheap solar PV prices and dawdling ecological and financial fears, concentrating solar power (CSP) technologies will grow in gigawatt level in 2011 and predicts a healthy future growth.
Sunvalley Solar, a supplier of solar power expertise and solar integration systems, declared that it has contracted a module supply accord with TianWei SolarFilms for the supply of 1.2 MW solar PV modules.
Amtech Systems, a producer and provider of manufacturing and automation systems and other systems required for the production of solar cells, silicon wafers and semiconductors, declared that its solar auxiliary company, Tempress Systems, has obtained around $32 million worth of solar supply orders for the month of January.
Hydrovolts, a company producing innovative hydrokinetic turbines, has obtained new funding and has also developed strategic alliances with three companies in Washington for developing hydrokinetic turbines for renewable energy generation from water currents in channels and canals.
Hong Kong-based company, GCL-Poly Energy Holdings, has signed a €36 million contract with AEG Power Solutions (AEG PS), a wholly-owned subsidiary of 3W Power Holdings.
Unirac, a North America-based company providing infrastructure for installing solar systems, declared that it has formed a new subsidiary company named as Unirac Canada.
Suntech Power Holdings, a manufacturer of solar panels for residential, commercial, industrial, and utility applications, declared that it has commenced the working of second production shift at its newly installed solar panel production facility in Goodyear, Arizona.
Kyocera , a supplier of solar power generating systems, declared that it has erected over 1,200 solar power producing systems at public schools located in Japan.
Recurrent Energy stated that it has entered into an accord with Celestica for the delivery of solar modules required by it for completing the projects it was awarded under the renewable energy Feed-in Tariff (FIT) agenda of the Ontario Power Authority (OPA).
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