In spite of reports at the beginning of January about Indian project developers campaigning for extensions on deadlines for commissioning solar projects, GMR Energy has announced the completion of a 25MW grid-interactive solar power project.
Having placed greater emphasis on its project business as part of its restructuring efforts, MEMC, via its subsidiary, SunEdison, is reported to be planning a major move to become a key project developer in Japan. The reports claim that the company is in discussions with provincial authorities for PV projects totalling 1GW with an investment of US$4.6 billion over a 5-year period.
Following a successful trial project in 2010, Brussels Airport has now installed 7,220 monocrystalline solar panels to its logistics building at Brucargo West. With a total capacity of 1.7MWp and an annual energy production of 1,500MWh, this output is comparable to the annual energy consumption of about 450 families. The energy produced is injected straight into the airport’s power grid and will cover about 1% of the annual consumption of the airport.
BlueChip Energy has announced that the Commission of the City of Eustis, Lake County, US, authorized the mayor to execute a commercial lease with the company for 300 acres of land to be developed into a 60MW solar farm. The property, owned by the city, was use for as a wastewater spray field and is no longer needed.
For the second consecutive year after autumn 2009, preliminary estimates of electricity demand in Italy last year shows a 0.6% growth on 2010. The total energy demand in 2011 amounted to 332.3 billion kWh. PV accounted for 2.8% out of 64.7% of domestic production. However, the net national production (289.2 billion kWh) is a decrease of 0.5% compared to 2010.
Solar industry business people are continuing to investment in the Middle East. Terra Nex, a wealth management company specializing in Middle East investment and Germany-based Middle East Best Select (MEBS) plan a US$2 billion integrated project to develop 400MW of solar technology in the oil and gas exporting country, including facilities to manufacture solar panels for Oman and for export.
Under a new partnership between eIQ Energy and Boots on the Roof, eIQ Energy has supplied a dozen of its vBoost converter modules to the Boots on the Roof solar training program. The partnership was initiated in January and will see eIQ’s technology featured in the school’s commercial PV construction training program as well as its commercial PV design course.
India-based, thin-film PV manufacturer Moser Baer has installed a 5MW solar farm, equivalent to powering 70,000 households, covering an area of 60 acres in Tinwari, Jodhpur district, India. This is part of the US$1 billion the company has promised the Indian states of Gujarat, Orissa, West Bengal and Rajasthan, for projects worth 300MW. The farm was built under the solar subsidy scheme, the Jawaharlal Nehru National Solar Mission (JNNSM). The opening ceremony was attended by the renewable energy minister Dr. Farooq Abdullah and Ashok Gehlot, chief minister of Rajasthan.
Citing an intensely competitive market environment, SMA Solar Technology, the leading PV inverter manufacturer, reported preliminary full-year financial results of €1.7 billion in sales for 2011. SMA Solar had previously cut €200 million from its previous forecast of €1.9 billion to €1.7 billion, with results therefore coming in at the lowered figure. SMA Solar reported 2010 sales of €1.9 billion. Earnings before interest and taxes (EBIT) were reported as being more than €240 million.
The first major renewable energy auction in Africa, undertaken by the Energy Department of South Africa saw Gestamp Solar, photovoltaic solar division of Gestamp Renewables win the opportunity to build 2 PV projects with a total power of 30MW in Northern Cape, South Africa.
