Solar Park Initiative has signed a letter of intent (LoI) for a 7 MW solar park in Ontario, Canada. The project could generate up to USD 28 million in revenue if completed. It is however, subject to approvals and permissions, before and engineering and development can be done.
[source: Solar Park Initiatives]
JA Solar announced the company has entered into a supplemental supply agreement with GCL-Poly Energy Holdings Limited, for the supply of 10 GW of wafers and polysilicon over a period of five years. The supplies are to start from January 2011, and are to be concluded by December 2015.
Sharp Manufacturing UK will invest USD 56 million into production capacity expansion at the company's UK production facility in Wrexham, Wales (UK). The annual production capacity will be ramped up to reach 500 MW annually, and will result in several hundred new jobs, according to a statement by the Welsh government. This is a confirmation of the company's plans announced back in July this year.
Yingli Green Energy (Yingli Solar) announced the company has been chosen as a major solar PV supplier for the Gold Sun Program in China. The Gold Sun Program, sponsored by the Chinese Ministry of Finance, was announced to require a total of 272 MW of PV projects, of which Yingli Solar is to supply about 70% of the PV modules.
npower renewables, subsidiary of RWE Innogy, announced the start of construction at what's to be the largest biomass combined heat and power (CHP) plant in the UK – in Markinch (Fife, Scotland). The power plant is to have 50 MW of installed capacity, and will deliver up to 120 metric tons of steam per hour. The project's cost is at about EUR 235 million. Construction of the power plant will take about two years, and employ about 400 people.
SunPower Corporation announced the company's subsidiary in Italy has entered into loan agreements with BNP Paribas and Societe Generale, for funding the final two phases of the Montalto di Castro solar park, having 44 MW of total installed capacity. SunPower borrowed EUR 195.2 million for this project, while the solar bonds related to this loan are expected to be funded in December this year. The construction activities on the project have been completed, and SunPower will continue to provide service and maintenance. The company expects to complete the plant's equity sale before the end of 2010.
aleo solar announced the company has delivered 5.5 MW (24,000) solar modules for the Ancona Solare solar power plant near Corinaldo, in the province of Marches, Italy. The modules have been produced at the company's facility in Gaomi, China. The new solar power plant has been supplying power to the grid since early November.
Aquamarine Power announced a GBP 4 million contract with Burntisland Fabrications (BiFab) for the building of the next generation wave energy conversion device, the Oyster 2. The company is proceeding with the realization of the project, having obtained GBP 6 million in funding for Oyster 2 in June this year.
Nordex received a repeat order from EverPower for an additional 75 MW of wind turbines, the N100/2.5 MW units, which are to be manufactured in Nordex' facilities in Jonesboro, Arkansas (US). Along with the turbines, Nordex is to provide S&M servies for five years, and perform the installation and commissioning of the ordered units.
REpower and Energiekontor UK have entered into an agreement for 21 REpower MM82 wind turbines, which are to be installed at wind farms in Witherwick (Yorkshire) – 9 turbines, and in Hyndburn on Oswaldtwistle Moor (Lancashire) – 12 turbines, all in the UK.
