Wednesday, March 11, 2015

Developers and pipeline being acquired directly by manufacturers

The US division of Pablo’s old employer is sold to panel manufacturer:

 

Solar Frontiers acquires PV projects totaling 280 MW in the US from Gestamp Solar

11.03.2015: Japanese copper-indium-diselenide (CIS) thin-film module producer Solar Frontier KK, a subsidiary of Japanese oil company Showa Shell Sekiyu KK, has acquired a 280 MW PV project pipeline in the US from Gestamp Solar, the solar subsidiary of Gestamp Renewables, which is itself a division of Spain's Gonvarri Steel Industries. The financial terms of the deal were not disclosed. According to Solar Frontier, Gestamp Solar’s U.S. operations will be merged with its local subsidiary Solar Frontier Americas. »The US downstream expansion is part of Solar Frontier’s growth strategy to accelerate our business in key global markets through 2015 and beyond,« said Solar Frontier CEO Atsuhiko Hirano. © PHOTO

http://www.solar-frontier.com

http://www.solar-frontier.com/eng/news/2015/C043372.html

 

 

Monty Bannerman

ArcStar Energy

+1-646-402-5076

www.arcstarenergy.com

 

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