Solar Cells Info

Jiangsu, China, Nov. 19, 2007
Source: Canadian Solar Inc. press release
http://phx.corporate-ir.net/phoenix.zhtml?c=196781&p=irol-newsArticle&ID=1079345

Canadian Solar Inc. (“the Company”, or ”CSI”) (Nasdaq: CSIQ) today announced that it had entered into various purchase agreements (the ”Agreements”) last week with China Sunergy Co., Ltd. (”China Sunergy”). The Agreements with China Sunergy are for a total volume of 25MW of solar cells for 2008. Under the Agreements, China Sunergy will supply approximately 12MW and 13MW of solar cells to Canadian Solar in the first and second half of the year respectively. The Agreements will be denominated in both Chinese Yuan and US dollars, with approximately 24% of the volume being based on fixed pricing terms and the remainder being determined on a quarterly basis.
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WACKER SCHOTT Solar will produce multicrystalline silicon wafers for solar cells
Jena, Oct 29, 2007
Source:SCHOTT Solar press release
http://www.schott.com/english/news/press.html

New production facility expected to reach a capacity of 100 megawatts already by the end of 2008.  Today, the two German companies SCHOTT AG (Mainz) and Wacker Chemie AG (Munich) officially laid the cornerstone for a new silicon solar wafer manufacturing facility of their joint venture WACKER SCHOTT Solar GmbH in Jena, Germany. By April 2008, both partners will be completing stage one of their joint wafer production facility in Jena with total capital expenditures of approx. €50 million. (more…)

75 million euro investment creates 180 new jobs –
Source: SCHOTT Solar press release / Nov. 6, 2007
http://www.schott.com/english/news/press.html

Today, SCHOTT, the technology group based in Mainz, Germany, inaugurated industrial mass production of thin-film solar modules in Jena by its subsidiary, SCHOTT Solar GmbH. By investing a total of 75 million euros towards a state-of-the art manufacturing facility with a module capacity of 33 megawatts (MW) per year, SCHOTT will be creating an additional 180 jobs at its Jena site.
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Source: AZoNano.com / Nov 11, 2007
http://www.merid.org/NDN/more.php?id=1208

German technology group SCHOTT has opened an thin film solar module production plant in Japan. Udo Ungeheue of SCHOTT said, “Thin-film technology effectively saves raw materials, because it requires far less silicon. Furthermore, as a result of the great flexibility with respect to shape and design, thin-film modules are perfectly suited for integration in buildings.

They offer architects interesting possibilities to create glazing applications for windows, roofs and facades in conjunction with environmentally-friendly power generation.” The article says that SCHOTT also has solar manufacturing facilities in Germany, the Czech Republic, and the U.S and plans to expand its production of wafer-based solar cells and modules to 450 megawatts per year by 2010.

By Eva Kuehnen
Frankfurt, Nov 14, 2007
Source: Reuters UK
http://uk.reuters.com/article/oilRpt/idUKL146013020071114

German solar cell maker Q-Cells raised its sales outlook for 2008 and 2009 and reported better-than-expected third-quarter results, standing out from its renewable energy sector peers on Wednesday.  Q-Cells shares surged 9.2 percent to 94.78 euros by 1144 GMT, leading gainers in Germany’s technology index (.TECDAX: Quote, Profile, Research), which was up 2.1 percent.
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Vittorio Hernandez – AHN News Writer
Tokyo, Nov. 13,2007
Source: AllHeadlineNews.com
http://www.allheadlinenews.com/articles/7009148324

Japanese car manufacturer Honda Motor will add 120 more outlets in 2008 to its existing 80 independent stores retailing its solar panels. Honda also plans to venture into overseas sales to compete against Sharp and Kyocera.  The solar panels retail for $541 (60,000 yen). It measures 1.4 meters by 80 centimeters, and weighs 14.3 kilograms. It can be mounted on the roof or placed on open space free-standing to tap solar rays capable of generating 125 watts of electric power.
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SunPower Continues to Expand its Footprint into the European Market
Madrid, Spain, Nov 08, 2007
Source: SunPower Corp. / press release
http://investors.sunpowercorp.com/releasedetail.cfm?ReleaseID=274952

SunPower Corp. (Nasdaq: SPWR), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced that its Spanish subsidiary will engineer, procure equipment for and construct three solar electric power plants totaling approximately 21-megawatts in the Castilla La Mancha region of Spain.  Corporate affiliates of The Naturener Group, a Spanish-based company, will own the three solar power plants located in Tinajeros (Albacete), Manzanares and Almuradiel (Ciudad Real), just southeast of Madrid. They are expected to be financed by a Spanish bank syndicate.
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Source: Austin Business Journal / October 31, 2007
http://www.bizjournals.com/austin/stories/2007/10/29/daily20.html

Travis County commissioners on Tuesday night declined an economic incentives package designed to attract HelioVolt Corp.’s proposed $80 million manufacturing plant. County Judge Sam Biscoe’s motion to grant county tax subsidies died for lack of a second motion. Biscoe proposed the county give annual grants equal to 40 percent in property tax abatements for 10 years, provided HelioVolt reaches investment and employment targets.  Travis County was expected to match the city offer of 60 percent for 10 years.
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Company predicts solar industry consolidation will step up from 2010
James Murray, BusinessGreen, 05 Nov 2007
Source: BusinessGreen.com
http://www.businessgreen.com/business-green/news/2202772/

German-based solar panel manufacturer Q-Cells last week announced it is to acquire its US partner Solar Fields LLC in a deal worth $5m plus stock.  Under the agreement, Solar Fields is to merge with Q-Cells’ US subsidiary Calyxo in return for $5m in cash and a seven per cent stake in Calyxo. Q-Cells’ Stefan Dietrich said the aim of the deal was to accelerate the development and production of Solar Fields’ cadmium telluride photovoltaic modules, which were previously exclusively licensed to Calyxo.
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Cell deliveries for a period of 10 years; Joint focus on the US market with California-based Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ:QTWW)
Erfurt, 2 November 2007
Source: Asola Power.com press release
http://www.asola-power.com/output/en/news.htm

From 2008, ersol Solar Energy AG (ersol) will deliver silicon solar cells to the module producer asola, based in Erfurt, Germany. To this end, both companies have today signed a long-term supply agreement that will run until 2017. The total volume of the contract amounts to around € 230 million. ersol is scheduled to receive down payments from asola, which will later be credited to the German module producer, when purchasing solar cells, in the form of a purchase price reduction.
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