Nanosolar have revealed that a Swiss Investor has signed an agreement to acquire Nanosolar GmbH, the highly automated ISO certified module factory of Nanosolar situated in Luckenwalde in Germany. Under the new strategy, Nanosolar is being re-structured and will focus its operations on two new products; a cSi based utility panel and a PV product for the residential market.

Nanosolar today announced its largest solar photovoltaic installation to date, a 10.63 MW project in the town of Alfarrasi, which is located in the Valencia region of Spain. Developed by Smartenergy Invest and Advanta Capital, the new solar field is now the region’s largest PV power plant to date. The plant was energized earlier this month and is expected to produce energy to power 4,000 households per year.

Nanosolar Inc. today announced that it had hired three key executives to lead sales and marketing initiatives for expanding the company’s market share of its low-cost, efficient thin-film solar cells and panels in the United States, Europe, Asia and beyond.

Nanosolar, Inc. today announced that Eugenia Corrales has been named chief executive officer. Current CEO Geoff Tate will retire after two years at the company. Mr. Tate recruited Ms. Corrales in May 2010 to serve as the executive vice president of engineering and operations.