Last week Cogentrix Energy officially began commercial operation of its 30MW Alamosa CPV project in Colorado. Today, Solectria advised that it had provided over 500 large CPV pedestals, smart inverters and dual axis trackers for the project, which has been dubbed the largest high CPV generating facility in the world.
Trina Solar will supply a 2.1MW off-grid system to Longyuan New Energy in Tibet, the company has announced. The companies have entered into a supply agreement for the system in the Nagu region of Tibet. After installing approximately 40 standalone systems throughout Tibet in 2002, this is the largest off-grid project for Trina in recent times.
In February, EuPD Research awarded Germany-based Sovello the TOP BRAND PV seal; this week, the module manufacturer announced it has filed for insolvency in self-administration at the district court in Dessau. This very same court handled proceedings for Q-Cells last month and CIGS thin-film firm Odersun. The dramatic reduction in government subsidies and competition from Chinese manufacturers are being blamed for the moves by German companies that are unable to pay their mounting debts.
Italy could alter its subsidy cuts deadline from July 1 to October 1, reports Deutsche Bank. At a technical meeting of state regions conference last week, former undersecretary of industrial activity, Stefano Saglia, announced the current Conto Energia 4 would remain in place until the €7 billion limit were reached if this change was to occur.
GCL Solar Energy has announced that it has ordered a total of 22.5MW of Satcon Equinox 500kW inverters as well as 44MW of SSB Solstice combiners to equip a 76MW PV plant in the Caribbean. Satcon will provide 55 inverters and 1,900 Solstice sub combiners, as well as 680 of its SSC Smart sub combiners. Further, the company will supply 64 medium voltage transformers.
S.A.G. Solarstrom has announced a significant increase in sales volume with a positive EBIT. The company closed the first quarter of 2012 with sales of €21.4 million (Q1 2011: €78.9 million) and an EBIT of -€2.8 million (Q1 2011: €5.1 million), claiming these results are in line with its schedule for 2012. The company states that in the previous year’s quarter, sales and EBIT had been influenced to a very great extent by the large-scale Serenissima project.
Amtech Systems’ Chinese subsidiary, Kingstone Semiconductor, will introduce its ion implant system at the SNEC Exhibition, in Shanghai this week. This ion implant system has been developed from the ground up to specifically serve the needs of the solar industry. Also at the SNEC Exhibition, Tempress Systems will introduce its new tube-type batch PECVD product.
The Alamosa Solar Generating plant is being called the world’s largest concentrating PV electric power generating facility and Cogentrix Energy advised that it has finally begun commercial operation. Located in San Luis Valley in Colorado, the 30MW site produces energy for customers of Xcel Energy’s subsidiary, Public Service Company of Colorado (PSCo).
Bloomberg is reporting that Conergy stock rose to its highest point since February following a report from the Financial Times Deutschland. The paper stated that the company was near ready to sell a 30% stake of Conergy to an undisclosed Chinese buyer. Bloomberg noted that company stocks rose as much as 16% to €0.57 per share.
The German Federal Council has determined that that the bill earlier adopted by the German Parliament for the reduction of solar subsidies will be going to a mediation committee, which will allow for the federal and state governments to negotiate finding a comprise. If the members do not find a resolution, the Federal Council has the ability to file an appeal against the bill, which could override Parliament’s decision with an absolute majority vote.
