Solar activities still going strong

Investments in solar might be down and expected to decline according to market analysts but activities seem to be still strong as seen in several recent news. Here are some of them just the past week alone:

  • Solar in winery – Perpetual Energy Systems, a financier and developer of solar powered renewable energy systems, and Foster’s Wine Estates Americas, a subsidiary of Foster’s Group in Australia, today announces the activation of four solar installations including the largest solar energy system hosted by a United States winery.
  • Solar in hospitalsSunrise Solar Corp. has been selected to provide solar power resources to four major hospitals in Brazil.
  • Solon in residential solar - Solon Corp., a European solar module manufacturer will supply over 1.5 megawatts of its Tuscon, Arizona-manufactured solar panels to American Solar Electric, marking Solon’s entrance into the US residential market segment.
  • Solar supply deal - Solar Power, Inc. has entered into a one-year supply agreement with JA Solar Holding Co., Ltd., which will supply up to 60 megawatts of its 6″ polycrystalline photovoltaic (“PV”) cells based on monthly requirements from SPI.
  • $4.7m solar financing – SolFocus, a developer of Concentrator Photovoltaic (CPV) systems raised $47.5 million in the first close of its Series C financing. SolFocus will use the new funding to accelerate expansion of its manufacturing operations and extend its early base of commercial CPV deployments. The company aims to grow deployments from .5 MW in 2008 to approximately 100MW by the end of 2010.

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