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First Solar aiming at $1 billion in revenue this year

May 6th, 2008 by kalyan89 in Press Releases, Reports, PV-General, SC Company Reports

by Michael Kanellos,  April 30, 2008
Source. CNet News.com
http://www.news.com/8301-11128_3-9932503-54.html?tag=nefd.top

First Solar exceeded expectations once again in its most recent quarter and told investors that revenue for 2008 would likely come in at $975 million to $1.05 billion, higher than the $900 million to $950 million range provided earlier. The company–which specializes in cadmium telluride solar cells–reported revenue of $196.9 million for the first three months of the year, more than double the $66.9 million in revenue garnered in the first quarter of 2007. Net income went to $46.6 million, or 57 cents a share, well above the $5 million for the first quarter of 2007. (more…)

Start-up Sunrgi announces extreme solar cells

May 6th, 2008 by kalyan89 in Press Releases, Reports, SC Company Reports

Source: by Sandra Upson, Plentymag.com /May 2, 2008
http://www.plentymag.com/blogs/edge/2008/05/startup_announces_extreme_sola.php

Sunrgi, a Hollywood-based start-up, came out of stealth mode this week claiming it can collect twice as much sunlight as other photovoltaic designs and convert it to electricity for 5 cents a kilowatt-hour, on par with fossil fuels.  The company’s core technology is concentrating solar power, which uses lenses to focus sunlight onto small strips of photovoltaic cells. The advantage is that more photons are collected by smaller quantities of solar cells, meaning that the systems require much less of the expensive semiconductor materials that go into making ordinary solar panels. But the cells are also fragile and easily damaged in extreme heat, as I wrote about here. (more…)

Kopin Selected for Award of NASA Solar Cell Development Contract

Indium Nitride-Based Quantum-Dot Solar Cells Potentially Provide High Efficiency and Resistance to Extreme Conditions
Taunton, Mass., May 1, 2008
Source; Kopin Corp. press release/BusinessWire
http://phx.corporate-ir.net/phoenix.zhtml?c=93548&
p=irol-newsArticle&ID=1138255

Kopin(R) Corp. (NASDAQ: KOPN), the world’s leading provider of heterojunction bipolar transistor (HBT) wafers for cellular phones and wireless local area networks, today announced that it has been selected for the award of a $600,000 solar cell development contract from NASA. The contract is the second phase of a Small Business Technology Transfer (STTR) program to develop indium nitride (InN)-based quantum dot solar cell technology. Kopin’s partners on this NASA STTR project include groups at Virginia Tech and Magnolia Optical Technologies. (more…)

EMCORE Receives $28 Million Order for Concentrator Solar Cell Receivers from ES System in Korea

May 6th, 2008 by kalyan89 in Press Releases, Reports, PV-General, SC Company Reports

Albuquerque, N.M., May 5, 2008
Source: Emcore Corp. press release /PRNewswire
http://www.foxbusiness.com/story/markets/industries/technology/
emcore-receives–million-order-concentrator-solar-cell-receivers-es-korea/

EMCORE Corporation (Nasdaq: EMKR) a leading provider of Semi-conductor-based components and subsystems for the broadband, fiber-optic, satellite and terrestrial solar power markets, announced today that it has entered into a $28 million definitive supply agreement with ES System of Gwang-Ju, South Korea, for solar cell receivers to be fielded in fully licensed and funded solar farms in South Korea. This agreement incorporates an advance deposit to ensure production priority, and will enable the installation of 70 megawatts (MW: 25.38, -0.78, -2.98%) of solar farms. Production for this order has commenced and shipments are scheduled to occur over the next 24 months with the provisions for accelerated deliveries as well as future purchase options under the same terms. (more…)

EMCORE Corporation Receives $4.6 Million Follow-on Order for Concentrator Solar Cell Receiver Assemblies

May 6th, 2008 by kalyan89 in Press Releases, Reports, PV-General, SC Company Reports

Albuquerque, NM, April 2, 2008
Source: Emcore Corp. press release
http://www.emcore.com/news_events/release?y=2008&news=190

EMCORE Corporation (NASDQ: EMKR) a leading provider of semiconductor-based components and subsystems for the broadband, fiber-optic, satellite and terrestrial solar power markets, announced today that it has been awarded a $4.6 million follow-on production order for solar cell receiver assemblies from Concentration Solar la Mancha of Manzanares (Ciudad Real), Spain. The receivers will be incorporated into CS la Mancha’s 500X concentrator photovoltaic (CPV) system and will be deployed throughout Spain and other locations in fully licensed and funded projects. Shipments are scheduled to commence in the September quarter and complete in early 2009. CS la Mancha, part of Renovalia Energy, a renewable energy company in Spain, has been developing the CPV system for nearly two years, and has recently started production and volume deployment. (more…)

EMCORE Corporation to Deploy Concentrator Solar Photovoltaic Systems with XinAo Group in China

Albuquerque, NM, April 10, 2008
Source: Emcore Corp. press release
http://www.emcore.com/news_events/release?y=2008&news=192

EMCORE Corporation (NASDAQ: EMKR) a leading provider of semiconductor-based components and subsystems for the broadband, fiber-optic, satellite and terrestrial solar power markets, announced today that it has agreed to supply CPV systems to XinAo Group in China. XinAo Group is one of China’s largest energy companies and is well known for its clean-energy technologies. The program will start with the delivery of a 50 kilowatt (kW) concentrator photovoltaic (CPV) system to be installed in Langfang, China. This system will be used for test and evaluation purposes. Once the expected reliability and performance metrics have been demonstrated, XinAo plans to install CPV systems to provide electric power for its innovative coal gasification project, which is estimated to have a requirement of 60 megawatts (MW) of power. XinAo believes that EMCORE’s CPV technology will provide a cost-effective solution for its energy needs. (more…)

Kyocera Solar and East Los Angeles College to “Flip the Switch” on 1.2 Megawatt Solar Electric System

Los Angeles, CA., April 22, 2008
Source: Kyocera Solar Inc, press release
http://www.kyocerasolar.com/news/news_detail.cfm?key=522

Kyocera Solar, Inc. and East Los Angeles College (ELAC) today celebrated the inauguration of a colossal, 1.2 megawatt (MW) solar electric generating system at ELAC’s Monterey Park campus. As part of the Renewable Energy Plan of the Los Angeles Community College District (LACCD), the project represents a major achievement toward the goal of making all nine LACCD colleges more energy independent.   Officials “flipped the switch” on the new solar installation during today’s Earth Day celebration. (more…)

San Diego Children’s Museum opens with 96.4-Kilowatt Solar Electric System Using Kyocera Solar Modules

San Diego, California — May 5, 2008
Source: Kyocera Solar Inc, press release
http://www.kyocerasolar.com/news/news_detail.cfm?key=527

The New Children’s Museum yesterday celebrated the opening of its new home at 200 West Island Avenue in downtown San Diego’s Marina District, in a facility equipped with a 96.4-kilowatt solar electric generating system.  The system, composed of 576 Kyocera 200-watt PV modules, was designed and installed by Independent Energy Solutions, Inc. (IES) of Vista, California, and is expected to generate approximately 136,000 kilowatt hours (kWh) of electricity per year. (more…)

Honeywell Develops Material to Protect Photovoltaic Solar Cells in Tough Environments

May 6th, 2008 by kalyan89 in Press Releases, Reports, SC Company Reports

Source: PR Newswire May 06, 2008
Morris Township, N.J
http://money.cnn.com/news/newsfeeds/articles/prnewswire/200805060800PR_NEWS_USPR_____NYTU042.htm

Honeywell (NYSE: HON) announced today it has developed a new material to protect photovoltaic (PV) solar cells in tough environments.  The new product, called Honeywell PowerShield(TM) PV325, is a material that protects PV modules — including their critical components that convert sunlight into electricity — in all types of environments such as humid conditions. It is UV-, moisture- and weather-resistant, and designed to also withstand the electrical load produced by the modules, which can operate at up to 1,000 volts of electricity.

Honeywell PowerShield was developed primarily for rigid PV modules, which are specifically designed to feed power into a utility or local power grid. The modules, which typically have a 25-year lifespan, serve as a reliable energy source during utility-based power outages and can offset high-peak electrical demands and associated costs.

“Initial results from independent performance testing have shown this backing material meets the demanding needs of PV module producers,” said Jeff Czarnecki, global business director for Honeywell’s specialty films segment, a part of the Performance Products business. “We expect our barrier material to be certified under the industry’s performance-based standard by the end of the year.”

Czarnecki said the reflective white material is based on Honeywell’s high-performance barrier film technology. Honeywell PowerShield has a five-layer design that includes two outer protective layers based on ethylene-chlorotrifluoroethylene (ECTFE) fluoropolymer film and a core polyethylene terephthalate (PET) layer, as well as two inner bonding layers of proprietary adhesive material. It will provide PV module manufacturers with an alternative to poly-vinyl fluoride backing materials.

Demand for solar energy is growing in parts of Asia and Europe, where subsidies enable customers to receive money per kilowatt of energy sold back to the grid. The global photovoltaic industry generated about $17 billion in revenues in 2007, according to Solarbuzz(TM), an international solar energy research and consulting company.

Honeywell has a history of innovation in high-performance transparent barrier films. In addition to Honeywell PowerShield PV325, Honeywell manufactures Aclar(R) fluoropolymer film for pharmaceutical blister packaging; Capran(R) biaxially oriented nylon film, also known as biaxially oriented polyamide (BOPA) film; Capran(R) heat stabilized nylon film; Aclon(TM) fluoropolymer resins, which provide the highest moisture barrier of any clear thermoplastic resins; and Honeywell PCTFE and PMP barrier films for industrial applications.

Honeywell also offers solar panel installation sales and services, and was a supporting sponsor of the 2007 Solar Decathlon, an international competition managed and fully sponsored by the U.S. Department of Energy.  For customer inquiries, please visit www.honeywellpowershield.com for more information on Honeywell’s backing material for PV modules.

Honeywell Specialty Materials, based in Morristown, N.J., is a $4.9 billion, global leader in providing customers with high-performance specialty materials, including fluorine products; specialty films and additives; advanced fibers and composites; intermediates; specialty chemicals; electronic materials and chemicals; and technologies and materials for petroleum refining.

Honeywell International is a $37 billion diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell’s shares are traded on the New York, London and Chicago Stock Exchanges. For additional information, please visit www.honeywell.com.

Qimonda and Centrosolar Group to Jointly Manufacture Solar Cells

By Raju Shanbhag, TMCnet Contributing Editor /May 5, 2008
Source: TMCNet
http://internetcommunications.tmcnet.com/topics/broadband-mobile/articles/27056-qimonda-centrosolar-group-jointly-manufacture-solar-cells.htm

Qimonda (News – Alert), a manufacturer of memory products, and Centrosolar Group, a German solar company, have entered into an agreement to jointly build, equip and operate a solar cell manufacturing plant.  The joint venture, which is owned 49 percent by Centrosolar and 51 percent by Qimonda Solar GmbH, will produce solar cells based on silicon. Apart from contributing its know how to get important access to silicon supply, Qimonda will also contribute its existing know-how in silicon-based mass production.
(more…)

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