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15 Apr 2013China Sunergy Announces Fourth Quarter and Full Year 2012 Financial Result
April 12, 2013 - China Sunergy Co., Ltd. today announced its financial results for the fourth quarter and full year ended December 31, 2012. -
15 Apr 2013aleo solar Introduces Comprehensive Portfolio for Self Consumption Systems
April 12, 2013. With residential electricity prices rising and solar power subsidies falling, self consumption is now an attractive supplement to grid feed-in. Recognising this, aleo solar has made extensive additions to its product portfolio – from system components optimised for self consumption to a professional training course for installers. "The more solar power used by the owner, the more economical it is to operate a photovoltaic system," comments Jörn-Bo Hein, Head of Sales Germany. As one example, if a four-person household with a 5kW rooftop system in Germany uses a third of the solar power themselves, then the economic advantage compared to using all of the power for grid feed-in can be as much as a third higher – amounting to around € 7,000. System owners can thus gain independence from rising electricity prices. The aleo Solar Calculator can be used to work out the impact of self consumption on the operating efficiency of a photovoltaic system. -
15 Apr 2013ABC Solar Japan Partners with Suniva to Deliver Creative Energy Solution
April 12, 2013 - The US Embassy in Tokyo has selected ABC Solar Japan to provide expert leadership with solar integration services for research, design, automated documentation generation, application processing and submission for FIT revenue from the sunshine landing on every square meter of rooftop in the Central Tokyo complex, announced Tetsuro Nishida, ABC Solar Japan's President and Co-Founder. -
12 Apr 2013
REC Solar Expands Residential Solutions to Hawaii
April 10, 2013 - REC Solar now offers turnkey residential solar solutions on the island of O'ahu. Thanks to REC Solar's partnership with Sunrun, Hawaii residents can now go solar without high upfront cost and lock in low energy rates for 20 years while slashing their electric bill from day one. -
12 Apr 2013
Advanced Energy Industries Buys REFUsol Holding
April 09, 2013 - Advanced Energy Industries Inc. announced the acquisition of REFUsol Holding GmbH. The purchase price was approximately 59 million euros in cash, after assuming 9 million euros of debt and reducing net working capital by 1.8 million euros. There is the potential for an earn-out of up to 10 million euros, payable in a combination of cash and stock, if certain stretch EBITDA goals for the combined Solar Energy business are achieved in the first 12 months after closing. -
12 Apr 2013
Georgetown University Goes Solar with SolarCity
April 11, 2013 - Georgetown University is going solar with SolarCity on a project that is expected to cut the school's energy bills by tens of thousands of dollars and reduce more than 600,000 pounds of carbon pollution over its lifetime. The student-spearheaded initiative, Solar Street, installed 75 solar panels across rooftops of six university-owned historic townhouses on the scenic campus in the nation's capital. The project was unveiled today in an on-campus ribbon cutting ceremony. -
11 Apr 2013
MEMC Gets $35 Million Loan for Solar Farm at Air Force Base
Apr 11, 2013 - SunEdison, the solar energy development unit of MEMC Electronic Materials Inc., received a $35 million loan from the North American Development Bank to build a project at a U.S. Air Force base in Arizona. -
11 Apr 2013
Powerway Designs Standardized Mounting System Targeted in Japan
Guangdong Powerway Renewable Energy Company provides mounting system and structure services for PV power plants in Japan. The company's services incorporate detailed consideration of the local geographical conditions. Powerway's standardized ground mounting systems adopt two module designs, designed to serve tilt angles of 20° and 30°. Its design formats are based on consideration of Japan's unique requirements. -
11 Apr 2013
Suntech's European Subsidiary Granted Provisional Moratorium
April 10, 2013 - Suntech Power Holdings Co., Ltd. today announced that Suntech Power International Ltd. ("SPI"), the Company's principal operating subsidiary in Europe, has been granted a provisional moratorium for two months on creditor claims by the judicial authorities in Schaffhausen, Switzerland. SPI had applied for the provisional moratorium as a result of over-indebtedness, a requirement under local law and regulations. The majority of SPI's debt is Suntech inter-company debt. The court has appointed an administrator to assess SPI's financial condition and the prospects of reaching a composition agreement with creditors to restructure SPI's outstanding debt. SPI will continue its operations and serve its European customers during this period. -
11 Apr 2013
Duke Energy Acquires California Project from Solarworld
April 10, 2013 - Duke Energy Renewables today announced it has acquired two commercial solar power projects near Twentynine Palms, Calif., from SolarWorld.