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Honda Test Track will Host 10 MW Solar Project

When Honda starts testing cars at its new test track in Sakura, Japan, its test models will zoom by where it's building a new 10 megawatt solar farm. The company plans to sell the electricity from the project starting in 2015. The project is likely the largest solar project for a carmaker to date. While other car companies, including Ford, General Motors and Volkswagen have solar installations in the U.S. o ...

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Trina Solar Wins Contract for One of Worlds Biggest Solar Projects

In another sign of the resurgent Chinese solar industry, Trina Solar said today it will supply 1.1 million photovoltaic panels for a 250-megawatt (MW) power plant to be built in the Nevada desert. It will not only be one of the world’s largest photovoltaic power stations, but also the biggest in the US to use Chinese-made solar panels. While Chinese companies have grabbed a significant chunk of the US resid ...

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First Solar First EPC to Install 1GW of PV in a Single Year

Cadmium telluride (CdTe) thin-film photovoltaic  module maker First Solar  is expected in 2013 to become the first PV engineering, procurement & construction (EPC) firm to install 1 gigawatt worth of solar power systems in a single year, according to market analyst firm HIS in its quarterly EPC & Integrator Market Share & Project Market Tracker. First Solar is forecast to install 1.1GW of solar ...

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Japanese Sojitz Invest US$362 Million for Four Mega Solar Projects

Japanese trading corporation Sojitz has announced its first foray into the domestic solar power market, revealing that it will build four mega PV power stations with a combined capacity of 106MW. Sojitz will invest around ¥350 billion (US$362 million) across the four projects. The company has an existing 24MW power station in Germany. A 71MW plant will be built in Aomori, on the northernmost tip of mainland ...

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Meyer Burger Awarded Contracts Totalling USD 23.5 Million

Meyer Burger Technology Ltd. sees indications of a recovery in the solar photovoltaic market and has successfully concluded strategic contracts for advanced diamond wire slicing technologies and PV module production and testing technologies with new customers in the Asian market. The orders have a combined value of over USD 23.5 million, the company reports. Meyer Burger announced the successful signing of ...

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GE and First Solar Swap Stock for Technology

The companies announced that First Solar will acquire General Electric Co.'s technology for making thin film panels. In return, GE will receive 1.75 million shares of First Solar stock. That represents US$82 million, and 2 percent of First Solar's outstanding shares. First Solar is the world's largest producer of thin-film panels and among the world's largest solar farm developers. GE's thin-film technology ...

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JX Nippon Oil and Energy Corporation (JX Energy) scheduled to build three solar power plants with combined capacity of 17MW

Japanese refinery and energy giant JX Nippon Oil and Energy Corporation (JX Energy) is scheduled to build three solar power plants with a combined capacity of 17MW in the Akita, Fukushima and Okinawa regions of Japan. The Fukushima and Akita power stations will be 1MW and 4MW respectively. Both are in the north of Japan. Okinawa, where the third 12MW station will be constructed, is the southernmost prefectu ...

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Punjab Government in 300MW MoU with Norinco International

A Memorandum of Understanding (MoU) was signed between Punjab government and a prominent Chinese company Norinco International Corporation Limited for setting up a solar power project on Friday. Secretary Energy, Usman Bajwa and Vice President, Norinco International Zhang Shiping signed the document. Punjab Chief Minister, Shahbaz Sharif, Provincial Minister for Energy, Sher Ali Khan, Special Assistant, Ars ...

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JA Solar Secure RMB 550 Million Credit Facility From Bank of Communications of China

JA Solar Holdings Co., Ltd. JASO, one of the world's largest manufacturers of high-performance solar power products, today announced that JA Solar and Jinglong Group, a related party of JA Solar, have secured a RMB 550 million credit facility from the Bank of Communications of China. Of the credit facility, RMB 250 million (US40.8 million) will be available to JA Solar and RMB 300 million (US48.9 million) w ...

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Marubeni and Mainstream Renewable Power Agree EURO 100 Million Equity Investment

Global wind and solar developer, Mainstream Renewable Power and Japanese Trading Company Marubeni Corporation today agreed a €100 million equity investment deal which sees Marubeni gaining a circa 25% holding in Mainstream. The deal, which is subject to shareholder approval, represents the largest single equity investment in the company's five and a half year history. As part of the agreement Marubeni obtai ...

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