The U.S. Navy's 5MW/$30M/20 acre project in Kalaeloa, Oahu HI completes final environmental assessment, part of bigger plan to install HI's largest PV farm with up to 20MW of capacity.
Pacific Business News
LDK Solar has hired Citigroup to pursue flexibility on its debt and help renegotiate its liabilities; LDK may be seeking access to the financial lifeline offered by the Chinese government.
Food distribution co. US Foods activates 430kW system at distribution center in NM, will provide 25% of facility's needs; US Foods also installed solar at 4 other distribution centers in NJ, CA, AZ.
ReutersCEO of NRG makes the case for rebuilding damaged houses and buildings, by incorporating solar arrays. "We have the technology. The economics makes sense. All we need is the political will".
China has added a further $1.1B in subsidies to its solar power sector, more than doubling its support to the industry; Shares of Chinese solar stocks surges on the news.
Lux Research report indicates that thin film modules have fallen to a low of $0.70/W but as costs of goods sold fall thin film modules prices could fall to $0.48/W by 2017.
According to CEO, SolarWorld expects good sales in Q4 in the U.S., and added that a strategic partnership is not out of the question.
Anti-subsidy and anti-dumping duties from 24-255% on Chinese c-Si cells have been officially ordered by the U.S. govt; future imports will be subject to reviews and could face higher duties.
Coalition for American Solar Manufacturing
Evergreen Valley College in San Jose CA installs 1.5MW array using SunPower's single-axis tracker system; system will power 1/3 of campus power demand and save over $12M.
SolarCity delayed its IPO plans late Tuesday and is likely to reduce price of shares to below original range; length of delay and reasons unclear.
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