Solutia Inc. announced a definitive agreement to acquire Etimex Holding’s wholly-owned subsidiary, Etimex Solar, has been reached. Solutia will acquire the company for euro 240 million to be paid from its cash reserves and through additional debt. Ethylene vinyl acetate (EVA) encapsulants are being supplied by Etimex Solar to the PV market. The purchase of Etimex Solar is in line with Solutia’s strategic plan to enhance its performance materials and specialty chemicals portfolio.
SolarWorld is purchasing 29% of shares in Qatar Solar Technologies, as part of a new joint venture. The other partners in this joint venture include Qatar Foundation holding a 70% stake and the Qatar Development Bank with 1% of the shares. The new joint venture, which has its headquarters in the Emirate of Qatar, will develop the first manufacturing plant for polysilicon in Arabia.
The German government has announced that it is planning to reduce its incentives for rooftop solar electricity by 16% from 1st of July and totally do away with the support provided for converted farmlands.
An exclusive contract has been executed by Michael Franklin, Director of Asian Operations, Evolution Solar, to supply one million wafers per month that are manufactured in China to Shinetsu Film and Okaya & Co., Ltd of Japan. Provision for paying commission per wafer is included in the contract. The contract is for a period of one year and can be extended further as per the provisions in the agreement.
With the construction of its second PV cell plant at the Nakatsugawa Works Iida Factory located in Nagano Prefecture being completed, Mitsubishi Electric Corporation is aiming to increase its PV cell and module production to 270 MW per annum by March 2011 from the current production level of 50 MW per annum. The company is planning to achieve an annual production capacity of 600 MW as soon as possible.
The APRS wind data logger provides user-friendly operations and is specifically designed to evaluate wind sites and assess the performance of wind generators. This data logger is also capable of recording wind speed along with the date and time.
Pfister Energy offers a range of renewable energy solutions including solar lighting, solar thermal, daylighting and green roofs. The solar lighting system as an outdoor lighting product provides illumination and improves the safety of people. The company can install sun-powered lighting systems at institutional, commercial and industrial properties without excavating the trenches for wires.
The solar heating system incorporates a two-stage scroll compressor that operates at low speed for most of the time. This reduces the operating costs of the comfort system. The XPG20 SunSource comfort system includes one solar panel.
The 3-tier metal solar light supplied by Discover Power is manufactured by Intermatic Malibu. It is a traditional three tier-fixture that stands tall and durable. The solar light with white LED light is suitable for lighting areas with taller foliage.
The 257 iSolar Plus solar differential temperature controller is equipped with a real time clock to provide timer function. The maximum storage tank temperature and minimum collector temperature are adjustable in the controller.
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