Green Energy
Soitec, producer of silicon insulators, a material used to manufacture electronic components, has been authorized by the authorities of California to purchase agreements for solar energy plants with a total capacity of 155 megawatts.
The group said in a statement that its subsidiary Soitec Solar Development has received approval from the Commission to regulate utilities in California for five power purchase agreements concluded with the U.S. San Diego Gas and Electric (SDG & E).
These five projects represent a total capacity of 155 megawatts (MW) solar energy implements, electricity is going to be generated by solar power plants in the San Diego region through the group’s concentrator photovoltaic cells (CPV) using the Concentrix technology.
This announcement represents a milestone in the development program and strategy Soitec in the United States, the group said in a statement.
The CPV modules will be assembled in a new Soitec factory located in the San Diego area that will benefit from more than 30%, efficiency which two to three times more than conventional solar technologies.
The production unit of Soitec full capacity should be used by more than 450 people in the San Diego area and will generate more than 1,000 indirect jobs in this county. Its location should be announced before the end of the year 2011.
The announcement boosted the title in early trading on the Paris Bourse. The action Soitec gained was estimated by 10.85% while the Paris CAC 40 index progressed by 0.78%.
Basma - Green Energy International Correspondent - 12/11/11
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Green Energy
Solar Energy: Soitec Gets Approval For Five Contracts In California
Soitec, producer of silicon insulators, a material used to manufacture electronic components, has been authorized by the authorities of California to purchase agreements for solar energy plants with a total capacity of 155 megawatts.
The group said in a statement that its subsidiary Soitec Solar Development has received approval from the Commission to regulate utilities in California for five power purchase agreements concluded with the U.S. San Diego Gas and Electric (SDG & E).
These five projects represent a total capacity of 155 megawatts (MW) solar energy implements, electricity is going to be generated by solar power plants in the San Diego region through the group’s concentrator photovoltaic cells (CPV) using the Concentrix technology.
This announcement represents a milestone in the development program and strategy Soitec in the United States, the group said in a statement.
The CPV modules will be assembled in a new Soitec factory located in the San Diego area that will benefit from more than 30%, efficiency which two to three times more than conventional solar technologies.
The production unit of Soitec full capacity should be used by more than 450 people in the San Diego area and will generate more than 1,000 indirect jobs in this county. Its location should be announced before the end of the year 2011.
The announcement boosted the title in early trading on the Paris Bourse. The action Soitec gained was estimated by 10.85% while the Paris CAC 40 index progressed by 0.78%.
Basma - Green Energy International Correspondent - 12/11/11
- Solar Energy Dominates First Quarter With 74 Percent Of New Electric Capacity
Solar energy was clearly the top choice when it came to new, electric generating capacity installed during this year’s first quarter.Power generated from the sun accounted for 74 percent of that new capacity, according to aquarterly report produced...
- Solar Energy: The Energy That Comes From Outer Space
Solar energy is a clean energy as it generates neither greenhouse gas emissions nor pollution. Today, solar energy represents less than 1% of all energy produced by humans and Germany is the country that produces the most. There are two technologies for...
- One Million Up For Germany!
Germany's Millionth Solar Power System Installed 21 years after an ambitious program was launched in Germany to promote the uptake of solar, the nation's 1 millionth solar panel array has been installed. According to the German Solar Industry...
- Solar Energy In Morocco: World Bank Lends $ 297 Million
The World Bank announced in Thursday that it had approved a total of $ 297 million loan to Morocco to help them finance the construction of a solar power generation in Ouarzazatein. Morocco had announced back in 2009, this ambitious project, providing...
- Indian State Of Uttar Pradesh Signs 600 Mw Solar Power Agreements
Article originally published in cleantechnica.com, on May 6th 2015 Indian states are gearing up to develop ambitious ultra mega solar power projects in association with the Solar Energy Corporation of India.The state of Uttar Pradesh has signed agreements...