U.S. President Barack H. Obama today announced that Dow Corning Corporation and the Hemlock Semiconductor Group will receive approximately $169 million in Recovery Act Advanced Energy Manufacturing Tax Credits for recently announced manufacturing projects supporting the growing solar technology industry.
Solarfun Power Holdings, a manufacturer of photovoltaic cells, modules and silicon ingots in China, announced the expansion of its production capacity expecting an increase in demand. The company’s photovoltaic cell production will increase from 360MW to 480MW by July 2010 and its photovoltaic module production capacity will increase from 550MW to 700MW by April 2010.
Research and Markets has released a report titled “Current Development of Key Companies in China’s Crystal Silicon Solar Cell and Module Industry.”
An agreement was signed by William Paterson University (WPU), Nautilus Solar Energy, and SunDurance Energy to construct a solar power facility at the university’s campus in Wayne, New Jersey. The solar power project consists of rooftop and parking lot installations with a total capacity of 3.5 MW. When the project is completed, it will be the largest solar facility to be constructed at a university in the United States.
eSolar and Penglai Electric announced a master licensing agreement to build about 2 gigawatts of solar thermal power plants in China over the next 10 years. eSolar is a provider of inexpensive and reliable concentrating solar power (CSP) plants. Penglai Electric is a privately-owned company that manufactures Chinese electrical power equipment.
Completion and grid connection of a 1.48 megawatt ground-mounted PV power plant in Germany was announced by ET Solar Group, which acted as the EPC contractor. ET Solar Group, a PV system turnkey solution service provider and a manufacturer of downstream PV products, is situated in Nanjing.
Yingli Green Energy Holding Company has signed five sales agreements with customers in Spain agreeing to supply a total of about 30 MW of PV modules in the first half of the year 2010. These PV modules are to be installed in commercial roof-top systems and in ground-mounted power plants.
A 1-megawatt solar power system was dedicated by Western Riverside County Regional Wastewater Authority (Authority), Wells Fargo and SunPower at the West Riverside Wastewater Treatment Plant in Corona. This high-efficiency system has been designed and built by SunPower. SunPower and Wells Fargo financed the system through a $100 million sale leaseback program that was announced by the companies in June 2009.
ReneSola has decided to discontinue with its acquisition of Dynamic Green Energy. ReneSola is a leading worldwide manufacturer of solar wafers and producer of solar power products. ReneSola and Dynamic Green, which functions through its wholly owned subsidiary unit Jiawei Solarchina along with other Chinese operating subsidiary units, had announced a share purchase agreement on 23 September, 2009. ReneSola agreed to buy all the Dynamic Green’s shares through this share purchase agreement.
Starwood SSM1 Canada Incorporated, an affiliate of Starwood Energy Group Global, has completed agreements to finance and construct a 20-MW solar photovoltaic project in the city of City of Sault Ste. Marie, Ontario. The project comprises 2 × 10 MW solar photovoltaic electricity generating installations. This project is being constructed under the Renewable Energy Standard Offer Program, which is developed and supervised by the Ontario Power Authority. This facility will be one among the largest solar power projects in North America when completed.
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