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GT Solar Signs $173 Million Contract With DC Chemical

October 26th, 2008 by kalyan89 in Press Releases, Reports, PV Industry - Asia, SC Company Reports

U.S. Company To Increase Export Of Polysilicon Production Equipment To South Korea
Merrimack, N.H., September 2, 2008
Source. GT Solar, press release
http://www.gtsolar.com/news/shownews.php?id=209

GT Solar Incorporated, a global provider of specialized equipment and technology for the solar power industry, announced that on July 11, 2008, it signed a $173 million contract with DC Chemical Co., Ltd., a leading Korean chemical company. The signing of the contract has previously been disclosed.  Under the terms of the agreement, GT Solar will provide DC Chemical with state-of-the-art polysilicon CVD reactors, which are used to manufacture polysilicon, a key raw material utilized to produce solar cells. This latest agreement marks the third contract between the two companies since GT Solar began offering CVD reactors and related equipment in 2006. (more…)

GT Solar Signs $46.8 Million Contract with Top Green Energy Technologies

October 26th, 2008 by kalyan89 in Press Releases, Reports, SC Company Reports

Merrimack, N.H., October 16, 2008
Source: GT Solar International Inc, press release
http://www.gtsolar.com/news/shownews.php?id=219

GT Solar International, Inc. (NASDAQ: SOLR), a global provider of specialized equipment and technology for the solar power industry, today announced that its subsidiary, GT Solar Incorporated, has signed its first contract with Top Green Energy Technologies, Inc., a Taiwan-based producer of high-quality solar cells. The agreement, valued at $46.8 million, is GT Solar’s most comprehensive polysilicon production equipment and services agreement to-date, and the company’s first sale of its products to a customer based in Taiwan. (more…)

LG Elec to build solar cell lines in old PDP plant

October 25th, 2008 by kalyan89 in Press Releases, Reports, PV Industry - Asia, SC Company Reports

Seoul, Oct 21, 2008
Source: Reuters
http://www.reuters.com/article/
rbssConsumerGoodsAndRetailNews/idUSSEO33745420081021

LG Electronics Inc (066570.KS: Quote, Profile, Research, Stock Buzz) said on Tuesday it would set up two solar cell production lines at the site of its suspended plasma panel plant, as the company seeks to find a new growth engine in the renewable energy business.  LG, which acquired a solar cell business from LG Chem Ltd (051910.KS: Quote, Profile, Research, Stock Buzz) in June, said it would spend 220 billion won ($168 million) on the two solar cell lines, which will start mass production in early 2010 and early 2011, respectively. (more…)

Evergreen Solar Introduces New American-Made String Ribbon(TM) Solar Panels

The Company’s Most Powerful Solar Panels to Date with Performance Ratings over 90%
Marlboro, MA, Oct 14, 2008
Source: Evergreen Solar Inc, press release/BusinessWire
http://www.evergreensolar.com/app/en/investors/

Evergreen Solar, Inc. (Nasdaq: ESLR) will introduce its new American-made ES-A Series Solar Panels at its booth #1115 during Solar Power International in San Diego, October 14-16, 2008. This new line of 200, 205 and 210 W solar panels features the most powerful products Evergreen Solar has ever produced. With a -0, +5W power specification, the ES-A Series also provides the best power tolerance currently available in the industry. (more…)

Evergreen Solar Signs Two New Sales Contracts Totaling More Than 160 Megawatts

Raises Contractual Backlog to more than 1 Gigawatt
Marlboro, MA, Oct 16, 2008
Source: Evergreen Solar Inc, press release / BusinessWire
http://www.evergreensolar.com/app/en/investors/

Evergreen Solar, Inc. (Nasdaq: ESLR), a manufacturer of STRING RIBBON(TM) solar power panels with its proprietary, low-cost wafer manufacturing technology, announced it has signed two new long-term sales contracts totaling more than 160 MW. The first is with Mainstream Energy Corporation and AEE Solar, Inc., a leading wholesale distributor in North America; the second contract is with, one of the top-tier general trading companies in Japan.. The combined contracts extend the company’s total contractual backlog to more than 1 GW. Shipments under these contracts will begin in 2009 and continue through 2012. (more…)

Solyndra reshapes Solar Panels for Commercial Rooftops

Proprietary panels designed to provide higher electricity output per rooftop and significantly reduced installation costs.
Solyndra announces more than $1.2 billion in customer contracts.
Fremont, CA, October 7, 2008
Source: Solyndra Inc, press release
http://www.solyndra.com/News/Press-Release-01

Solyndra, Inc. today announced a new solar photovoltaic (PV) system for the commercial rooftop market. Solyndra’s PV system is designed to generate significantly more solar electricity on an annual basis from typical low-slope commercial rooftops with lower installation costs than conventional PV flat panel technologies. Commercial rooftops represent a vast, underutilized resource and huge opportunity for generating solar electricity. Since its founding in 2005, Solyndra has been developing technology and ramping manufacturing capacity to produce its proprietary CIGS-based thin film PV system. Solyndra is currently shipping its systems, comprised of panels and mounting hardware, to fulfill more than $1.2 billion of multi-year contracts with customers in Europe and the United States. (more…)

Solyndra, Inc. Signs Sales Contract With GeckoLogic for Approximately $250 Million

Fremont, CA, Oct 23, 2008
Source: Solyndra Inc, press release/BusinessWire
http://www.solyndra.com/News/Press-Release-102308

Solyndra, Inc., a manufacturer of proprietary photovoltaic (PV) systems designed to optimize solar electricity production on commercial rooftops, announced it has signed a new long-term sales contract with solar integrator GeckoLogic GmbH, based in Wetzlar, Germany. The Euro-based contract value equates to approximately $250 million and extends through 2012. The GeckoLogic contract is part of Solyndra’s previously-announced total contractual backlog of approximately $1.2 billion. The solar panels for these contracts will be manufactured at Solyndra’s facilities in Fremont and Milpitas, California. (more…)

HelioVolt, NREL Win R&D 100 Award for Thin Film Solar Printing Process

HelioVolt’s FASST® Manufactures High Quality CIGS Using Both Vacuum and
Non-Vacuum Deposition Techniques
Austin, Texas, July 24, 2008
Source. HelioVolt Corp press release

HelioVolt Corporation, a producer of highly-efficient thin film solar energy products, today announced that it has garnered an R&D 100 Award from Research & Development (R&D) Magazine for work performed in partnership with the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL). Known as the “Oscars of Invention,” the R&D 100 Awards celebrate the year’s most significant commercial innovations from around the world. HelioVolt and NREL received the award for demonstrating a simpler, faster end-to-end process for printing high quality thin film photovoltaic (PV) systems. (more…)

Honda Soltec starts public, industrial sales of CIGS solar modules in Japan

October 25th, 2008 by kalyan89 in Press Releases, Reports, PV Industry - Asia, SC Company Reports

by Tom Cheyney, 23 October 2008
Source: PVTech.org
http://www.pv-tech.org/news/_a/
honda_soltec_starts_public_industrial_sales_of_cigs_solar_modules_in_japan/

Honda Soltec said it will start selling copper-indium-gallium-(di)selenide thin-film-based solar modules for public and industrial use throughout Japan on Friday. The Honda solar subsidiary has sold photovoltaic modules for home use since October 2007, and now the company intends to expand its customer base by manufacturing and selling solar units capable of the high-capacity electrical generation required by public and industrial facilities. (more…)

China Sunergy in silicon supply deal with Hitachi

October 25th, 2008 by kalyan89 in PV Industry - Asia, PV-General, SC Company Reports

Hartford, Conn, 23 October 2008
Source: Associated Press/Forbes.com
http://www.forbes.com/feeds/ap/2008/10/23/ap5598888.html

China Sunergy Co. Ltd., a solar cell manufacturer based in Nanjing, China, announced Thursday it signed an agreement for a supply of single crystal silicon ingot for the production of solar cells.  Japan’s Hitachi (nyse: HIT – news – people ) High-Technologies Corp. and its affiliate agreed to supply 1,472 tons of silicon ingot through the end of 2011. (more…)

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