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Sharp to Commercialize Photovoltaic System for Off-grid Areas

by Motonobu Kawai, Nikkei Microdevices /May 30, 2008
Source: Tech-On
http://techon.nikkeibp.co.jp/english/NEWS_EN/20080530/152672/

Sharp Corp exhibited a stand-alone photovoltaic power system composed of a solar-cell module and a storage battery at African Fair 2008, which is now taking place in Yokohama.  Targeting the off-grid areas such as in Africa, the company aims to commercialize the system in 2010. In order to spread the use of the system, it is necessary to establish new business models such as leasing, unlike the current marketing style, which relies on sales of the product, the company said. (more…)

Evergreen Solar Signs New Sales Contracts of Approximately $1 Billion

Solar Panels Will Be Supplied from its Devens Facility
Marlboro, MA, May 22, 2008
Source: Evergreen Solar press release/ Businesswire
http://www.evergreensolar.com/app/en/investors/

Evergreen Solar, Inc. (Nasdaq: ESLR), a manufacturer of solar power panels with its proprietary, low-cost String Ribbon(TM) wafer technology, announced it has signed two new long-term sales contracts. Yesterday, Evergreen Solar and German-based Ralos Vertriebs GmbH signed an agreement valued at approximately $750 million for panel deliveries beginning in 2008 and extending through 2013. Combined with another agreement signed last week with a United States-based installer, Evergreen has new contractual backlog of approximately $1 billion. (more…)

Solar Stocks Rally as German Subsidy Concerns Ease

May 31st, 2008 by kalyan89 in Press Releases, Reports, PV-General, SC Company Reports

By Nicholas Comfort and Jakob Lindstroem /May 30, 2008
Source: Bloomberg.com
http://www.bloomberg.com/apps/news?pid=20601085&sid=a0Bnvbnp57uI&refer=europe

Solar stocks, including Q-Cells AG and Renewable Energy Corp. ASA, rallied after Germany’s ruling coalition government agreed to implement smaller-than-expected subsidy cuts.  Q-Cells, Germany’s largest solar-power company, surged 9.8 percent, the biggest one-day gain in two months, to close at 78.15 euros on the Frankfurt exchange. Renewable Energy Corp. ASA, the largest maker of polysilicon used in solar panels, climbed 6.1 percent to close at 151.5 kroner in Oslo.
(more…)

Solar City roundup, Abu Dhabi heats up

Source: EDN, May 30,  2008
http://www.edn.com/blog/450000245/post/250027425.html

Highlighting the news from Solar City this week was the announcement that Abu Dhabi, United Arab Emirates-based Masdar PV plans to invest more than $2 billion in thin-film photovoltaic solar technology in a three-phased strategy to produce thin-film photovoltaic (PV) modules, and inked a deal (possibly $600 million) with Applied Materials for three of its SunFab thin film lines. (more…)

Silicon Border Science Park to House Major Expansion for Q-Cells

San Diego, CA, May 27, 2008

Source: BusinessWire press release

http://www.businesswire.com/portal/site/google/?ndmViewId=news_view&newsId=20080527005885&newsLang=en
Press Conference to take Place on Thursday, June 5th in Mexicali
Up to $3.5 Billion Company Complex to be in 10,000 Acre, World-Class Science and Technology Park on U.S.-Mexican Border

Silicon Border Science Park, located in Mexicali, the capital city of Baja California, Mexico, has been selected by Q-Cells, the world’s largest solar cell manufacturer, for its next major expansion. Q-Cells’ primary manufacturing facility is located in Bitterfeld-Wolfen, Germany. The company chose Silicon Border Science Park for its American manufacturing site because of its strategic location and business-friendly environment.
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Q-Cells plans $3.5 billion thin film manufacturing complex in Mexicali, Mexico

Source: PVTech, 27 May 2008
http://www.pv-tech.org/fab_and_facilities/article/  q_cells_plans_35_billion_thin_film_manufacturing_complex_in_mexicali_mexico

Silicon BorderQ-Cells has announced its intentions to develop a major thin film photovoltaics manufacturing facility at the Silicon Border industrial park near Mexicali, Mexico at a projected cost of $3.5 billion. The development is dependent on the future growth of the PV market in the US, Mexico and Latin America and is a mid to long-term plan according to Q-Cells. Q-Cells said that an agreement with the Mexican Federal Government, the Government of the State of Baja California and Silicon Border Development, which plans to build and operate the industrial hi-tech park, have been made.
(more…)

A Fat Load of Thin Film

by Toby Shute/Universal Press Syndicate, May 30, 2008
Source: TheMoneyTimes
http://www.themoneytimes.com/articles/20080530/
a_fat_load_of_thin_film-id-1024517.html

If you follow the solar space at all, you know that polysilicon supply bottlenecks are a major source of cost pressure in the industry today. To secure the raw material, Suntech Power (NYSE: STP) has been signing a slew of supply deals. Trina Solar (NYSE: TSL), meanwhile, almost moved into polysilicon production — and then didn’t. (more…)

Solar power the Gulf’s next big earner

by Robin Pagnamenta, Energy and Environment Editor, Times
Source: The Times /May 30, 2008

http://business.timesonline.co.uk/tol/business/markets/the_gulf/article4029328.ece

The Masdar state-sponsored renewable energy fund is investing $2 billion in thin film photovoltaic technology

Abu Dhabi unveiled plans yesterday to invest $2 billion (£1.02 billion) in a project designed to make it a world leader in solar power.  Despite the deserts of Arabia being rich in oil, the Gulf state is betting that this alternative source of energy could help to secure the region’s long-term economic future.  The investment by Masdar, a state-sponsored renewable energy fund, represents one of the largest stakes in the solar industry.
(more…)

Abu Dhabi’s Masdar bets $2 billion on thin-film solar

by Martin LaMonica / May 29, 2008
Source: CNet News
http://news.cnet.com/8301-11128_3-9954708-54.html

Masdar, an Abu Dhabi-based clean-technology initiative, said on Wednesday that it will invest $2 billion to manufacture thin-film solar cells.  The money will significantly boost global solar cell production, potentially bringing prices down. It’s also a major bet on thin-film solar cells, which use less material than traditional silicon. (more…)

Clean Power Comes Home With Akeena Solar and Sun Run

Solar Industry Leaders Partner to Offer Homeowners Financing and System Innovations
San Francisco & Los Gatos, CA, May 9, 2008
Source: Akeena Solar Inc, press releaese /BusinessWire
http://www.akeena.net/cm/Investor%20Relations/Home.html

Akeena Solar, Inc., a leading designer and installer of solar power systems, and Sun Run, the nation’s first provider of residential solar service, today announced their partnership to provide homeowners with Akeena’s innovative Andalay solar power system and Sun Run’s pioneering solar service. (more…)

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