South Plainfield, NJ, USA: Petra Solar Secures $40M in Financing

Petra Solar, a developer of pole mounted smart grid and solar systems for utilities has raised $40 million in funding for expansion. Two new investors, Craton Equity Partners and Espírito Santo Ventures, led the latest round with 100% participation from existing investors, Element Partners, Blue Run Ventures, OnPoint Technologies (U.S. Army's Venture Fund) and Kuwait's National Technology Enterprises Company (NTEC).

St Peters, MO, USA: MEMC Reports 2009 Fourth Quarter Results

Net sales for the fourth quarter were $356.7 million, representing an increase of 15.1% from third quarter 2009 net sales of $310.0 million, and a decrease of 16.2% from fourth quarter 2008 net sales of $425.7 million.

Merrimack, NH, USA: GT Solar Reports Results for Third Quarter Fiscal Year 2010

GT Solar yesterday reported results for its third quarter of fiscal year 2010, which ended December 26, 2009. Revenue for the third fiscal quarter totaled $173.6 million, compared with $104.2 million in the second fiscal quarter and $205.2 million in the third quarter of fiscal year 2009.

Munich, Germany: Centrosolar Announces Fourth Quarter Results

According to initial, unaudited figures Centrosolar Group AG posed revenue of EUR 105 million in the fourth quarter of 2009.

Hsinchu, Taiwan: AU Optronics Increases Cash Investment in M.Setek

AU Optronics has announced its decision, approved by its Board of Directors today, to subscribe new shares to be issued by M.Setek.

St Peters, MO, USA: MEMC and Conergy Settle Litigation

MEMC and Conergy have reached an out of court settlement of a lawsuit related to a solar wafer supply contract between Conergy and MEMC Singapore Pte. Ltd.

San Francisco, CA, USA: PG&E and SolarCity Announce $60M in Financing to Install Solar Power

Pacific Venture Capital, LLC, a subsidiary of PG&E Corporation, and SolarCity today announced $60 million in tax equity financing for solar installations for U.S. homes and businesses.

Sydney, Australia: Origin Energy and Micron Technology Establish Joint Venture

Australia integrated energy company, Origin Energy and Micron Technology, Inc. have formed a 50:50 joint venture with a focus on the development of photovoltaic technology.

Bonn, Germany: SolarWorld AG Places 400 Million Euro Bond

SolarWorld AG successfully issued a bond with a volume of 400 million EUR. SolarWorld says the purpose of this is to strengthen the company's financial flexibility for continued international growth.

Tempe, AZ, USA: First Solar Buys Edison Mission Solar Projects

First Solar has completed the acquisition of a portion of Edison Mission Group's (EMG) solar project development pipeline. The utility-scale solar projects are located in California and the Southwest.

Cambridge, United Kingdom: Enecsys Secures £2.5 Million Investment from Good Energies

Enecsys Limited, a manufacturer of solar photovoltaic micro-inverters, has attracted further investment of £2.5 million ($4.2 million) from Good Energies.

New York, NY, USA: Daqo New Energy Corp Files for $108M IPO

China's Daqo New Energy Corp, which manufactures polysilicon for solar panel makers, filed for an initial public offering of up to $108 million on Tuesday.

Lake Mary, FL, USA: BlueChip Energy™ Acquires Complete Electrical Contractors, Inc

BlueChip Energy™, (BCE), a provider of complete solar energy solutions for residential, commercial, government and utility applications, announced yesterday the acquisition of Orlando-based Complete Electric Contractors, Inc,

Jiashan, China: ReneSola Terminates Dynamic Green Energy Acquisition

ReneSola today announced that the Company has determined not to proceed with its acquisition of Dynamic Green Energy Limited.

Milan, Italy: Prothea Completes First Round of Equity Financing

Italian system integrator Prothea has completed its first round of equity fundraising and start up Prothea Solar to develop a pipeline of 20MW solar energy projects in Italy, France and the Mediterranean area.

London, United Kingdom: Solarcentury in Enviromena Partner in United Arab Emirates

Solarcentury, the London based European solar innovation company, has entered into a business partnering agreement with Enviromena Power Systems, the leading developer of solar projects in the Middle East and North Africa

Oldenburg, Germany: Aleo Solar AG Increases Annual Revenue in 2009 to EUR 375 million

aleo solar AG today announced that according to preliminary calculations, the company generated revenue of EUR 375 million in 2009. After a slow first six months, business picked up considerably from July, leading to a EUR 15 million year-on-year increase in revenue.

San Francisco, CA, USA: Clean Power Finance Announces First Close of $6.9M Financing

Clean Power Finance, Inc. today announced the first close of a $6.9M financing round co-led by Claremont Creek Ventures and Clean Pacific Ventures, and joined by prior investors Sand Hill Angels and clean tech investor Gary Kremen.

Sunnyvale, CA, USA: Innovalight Raises Additional $18 Million to Expand Silicon Ink Manufacturing

Innovalight, Inc., a privately-held firm selling silicon ink-based high efficiency solar cell materials and technology, has raised $18 million in additional capital. This new round of capital will be used to expand the company’s proprietary silicon ink production for customers.

Consolidated sales revenues of the SolarWorld Group increased substantially versus the previous year (900.3 million EUR) to the provisional figure of 1,010 million EUR.

Rome, Italy: Sharp, Enel Green Power and ST Microelectronics Establish Thin Film Joint Venture

Sharp, Enel Green Power and ST Microelectronics today signed a joint venture agreement for the production of thin-film solar cells. On the same day, Sharp and EGP signed a joint venture agreement for independent power producer business.

Hong Kong, China: Solargiga Terminates Acquisition of Kinmac

Solargiga Energy has terminated its acquisition of Kinmac Solar Corporation. The proposed acquisition of Kinmac was subject to the approval of the Investment Commission of the Ministry of Economic Affairs of Taiwan.

St Peters, MO, USA: MEMC Acquires Stake in Eversol

MEMC has taken an ownership interest in Eversol Corporation, a solar wafer manufacturer in Taiwan. In connection with the contract amendment between MEMC and Gintech Energy dated September 22, 2009, MEMC purchased Gintech's 8.36% interest in Eversol at Gintech's original cost.

San Mateo, CA, USA: Tioga Energy Completes $20M Series B Funding Round

Tioga Energy has completed $20 million of an initial closing of its Series B financing round. Investors in this financing included MEMC Electronic Materials, NGEN Partners, Nth Power and Draper Fisher Jurvetson.

Shanghai, China: JA Solar Raises Fourth Quarter 2009 Shipment Forecast

JA Solar announced today that based on current customer orders and product deliveries, it expects fourth quarter 2009 shipments to exceed the high-end of its prior guidance given on November 10, 2009.

San Francisco, CA, USA: SunRun Secures Additional $90M for Residential Solar Installations

SunRun, the nation’s leading provider of home solar power, announced today that it has received an additional commitment of tax equity from a subsidiary of U.S. Bancorp that is part of the financing needed to develop $90 million in residential solar installations in 2010.

Hsinchu, Taiwan: TSMC and Motech Announce Strategic Partnership

Taiwan Semiconductor Manufacturing Company (TSMC) and Motech Industries yesterday jointly announced the signing of a share subscription agreement, under which TSMC will subscribe through a private placement for 75.32 million new Motech shares.

Rochester Hills, MI, USA: Energy Conversion Devices to Cut 400 Employees

Energy Conversion Devices has initiated a restructuring plan to better align operating expenses with near-term revenue expectations while positioning the company to more efficiently leverage future growth opportunities.

Toronto, ON, Canada: Oneworld Energy Inc. Closes the First Tranche of the Acquisition of Shares of COU Capital

Oneworld Energy has acquired over 95% of the common shares of COU Capital Inc. (“COU”), a Canadian based solar developer, from its shareholders in exchange for shares of Oneworld Energy Inc.