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Sempra Generation Energizes 42 MW of Solar Power

12.29.2011
San Diego, California, United States
Three blocks of solar panels totaling 42 megawatts (MW) have been installed at its Mesquite Solar 1 project and are now delivering renewable electricity to the power grid.

SunPower Announces Agreement to Acquire Tenesol

12.27.2011
San Jose, California, United States
SunPower Corporation has signed a definitive agreement to acquire Tenesol SA, a global solar provider headquartered in La Tour de Salvagny, France.

Stion Secures $130M Financing Led by Korean Investors

12.20.2011
San Jose, California, United States
Stion, a manufacturer of high-efficiency thin-film solar modules, today announced a $130M equity investment led by AVACO and Korean private equity funds.

Recurrent Energy Secures $250M Financing

12.19.2011
San Francisco, California, United States
Recurrent Energy, a leading North American solar project developer, announced that it has secured a four-year construction revolver credit facility of $250 million from Mizuho Corporate Bank.

Solar Photovoltaic Companies Shifting From Focus on Market Share Growth to Profitability in 2012

12.19.2011
San Francisco, California, United States
Financial challenges are forcing solar photovoltaic (PV) companies to shift focus from seeking market share to instead prioritizing a return to profitability, finds NPD Solarbuzz’s latest Solarbuzz Quarterly report issued today. Global demand is projected to grow 6% in 2012, so market declines in Europe will be offset by 43% growth outside that region. Therefore,...

Tigo Energy Raises $18 Million

12.12.2011
Los Gatos, California, United States
Tigo Energy a leader in SmartModule™ technology for photovoltaic solar installations, has raised $18 million in additional financing, bringing the total company funding in excess of $50 million.

SunPower Receives 54 Megawatt Order

12.12.2011
San Jose, California, United States
SunPower Corporation will supply NRG Solar with a total of 54 megawatts (dc) of SunPower solar power technology.