Solar ♦ news digest
and Operations and Maintenance, said the company greatly appreciates the collaboration and commitment from Public Works and 5th District staff to approve the module installation plan.
“As the first utility-scale solar PV project in Los Angeles County, this was the county’s first opportunity to apply its codes to a facility of this magnitude, which required significant time and effort for everyone involved,” Lamon said. “After a very collaborative process, we are confident we have the county’s support to keep the project moving to completion, and that this process has paved the way for future projects in the region, which has great potential for solar energy production.”
First Solar expects to ramp up staffing for the project over the next several weeks.
Global Solar Energy German subsidiary applying for insolvency
The fully owned subsidiary of the firm will no longer operate the CIGS 35 MWp Berlin, Germany production facility
Global Solar Energy has announced that the German executive team applied for insolvency proceedings at Global Solar’s wholly owned German subsidiary, Global Solar Energy Deutschland GmbH (GSED).
The GSED operations focused exclusively on the Global Solar PowerFLEX product line. Under current market conditions, the company believes its Tucson facility has sufficient capacity to meet demand.
U.S.-based Global Solar is consolidating operations and focusing on growth segments through its 40 Megawatt (MWp) Tucson, Arizona factory.
Discussing the German proceedings, CEO DJeffrey Britt states, “The EU renewables market is financially challenging due to high inventories, collapsing prices and significant reductions to European feed-in-tariffs. As a result of this difficult operating environment, a strategic decision has been made to plan and execute an EU capacity
July 2012
www.compoundsemiconductor.net 127
reduction and focus investment on the products and technology necessary to meet our customer’s needs and fulfil our business plan. Global Solar will continue to honour all of its warranty obligations and service European customers, but from its Tucson facilities.
“While unfortunate, the Berlin facility shutdown provides an opportunity to address financial structure issues, appropriately scale production capabilities and align with growing markets in Asia, the Middle East and North America. We continue to provide our customers with industry leading products, superior service and competitive pricing, while also ensuring the long-term success of Global Solar,” continued Britt.
With these strategic changes put into effect, Global Solar will also continue to pursue new investor participation, being led by FTI Capital Advisors, LLC (FTICA), member FINRA/SIPC, the wholly owned investment banking subsidiary of FTI Consulting, Inc.
Ascent Solar charged up with 50,000 unit order for Apple iPhone
The firm’s CIGS technology is being used to harness sunlight into charging the latest smartphones. Ascent will debut its chargers in Asia in early August
Ascent Solar Technologies has received a purchase order for 50,000 units of its EnerPlex solar charger for the Apple iPhone.
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124 |
Page 125 |
Page 126 |
Page 127 |
Page 128 |
Page 129 |
Page 130 |
Page 131 |
Page 132 |
Page 133 |
Page 134 |
Page 135 |
Page 136 |
Page 137 |
Page 138 |
Page 139 |
Page 140 |
Page 141 |
Page 142 |
Page 143 |
Page 144 |
Page 145 |
Page 146 |
Page 147 |
Page 148 |
Page 149 |
Page 150 |
Page 151 |
Page 152 |
Page 153 |
Page 154 |
Page 155 |
Page 156 |
Page 157 |
Page 158 |
Page 159 |
Page 160 |
Page 161 |
Page 162 |
Page 163 |
Page 164 |
Page 165 |
Page 166 |
Page 167 |
Page 168 |
Page 169 |
Page 170 |
Page 171 |
Page 172 |
Page 173 |
Page 174 |
Page 175 |
Page 176 |
Page 177 |
Page 178 |
Page 179 |
Page 180 |
Page 181 |
Page 182 |
Page 183 |
Page 184 |
Page 185 |
Page 186