Nanosolar Raises $70 Million in New Capital to Support Expansion of Production and Drive Commercialization of Thin Film Solar Technology

San Jose - Nanosolar Inc. today announced that it has raised $70 million in new capital. The financing will be used to expand production of thin film solar cells and panels, support research and development designed to deliver greater efficiency, and drive faster commercialization of the company’s solar technology.

Soitec Solar awarded $25 million from U.S. Department of Energy for North American solar manufacturing facility in San Diego, California

San Diego - Soitec (Euronext Paris), a world leader in generating and manufacturing revolutionary semiconductor materials for the electronics and energy industries, announced today that one of its US Solar Energy subsidiaries has been selected by the U.S.

KOSTAL’s PV junction box with an integrated cable holder for a holistic automation

At this year’s Intersolar Europe in Munich KOSTAL Industrial Electronics presented its fully automatable PV junction box SAMKO 100 04 with an integrated cable holder for the first time. With this new feature a full automation from the placing of the PV module up to the electrical module inspection is possible.

GP Joule builds its first power plants in Italy

 Photo below: The two solar power plants on Sardinia completed by GP Joule are not yet covered by a Power Purchase Agreement (Photo: GP Joule)

The power plant project developer GP Joule from Germany completed two PV facilities with a capacity of 1 MW each in Sardinia. The power plants were constructed within a few weeks on a total area of 3.5 hectares near the town of Iglesias and belong to the same operating company.

ISOFOTON and the Saudi Arabian company INDSYS set to develop 300MW photovoltaic projects in Saudi Arabia

Riyadh / Madrid - SOFOTON, a global leader in solar solutions with over 30 years’ experience in the photovoltaic industry, has signed a joint venture agreement with Industrial Systems Corp (INDSYS), a Saudi Arabian company with a significant interest in the renewable energy sector, in order to install 300 MW of photovoltaic plant facilities in Saudi Arabia.

Ikaros Solar Forms Joint-Venture with Intelux Electronics PVT Ltd. (India)

Schoten / Mumbai - Belgium’s leading player in the photovoltaic market, Ikaros Solar, has entered into India by signing a MoU with Pune-based Intelux Electronics Pvt Ltd, to offer PV solutions to the Indian market. The two companies will jointly offer photovoltaic energy that is emerging as a clean and affordable alternative to expensive diesel usage in electricity generation by industries.

USA: Amount of solar energy jobs increased by 13%

US solar jobs figures have continuously grown within last three years (graphics: TSF).

Employment in the US solar industry has grown by 13% – from September 2011 to September 2012. In total, 119,000 US-Americans are working within the sector today.