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Aleo solar wins contracts worth EUR 12 million from Italian specialist dealers and fitters

August 16th, 2007 by kalyan89 in Press Releases, Reports, SC Company Reports

Oldenburg/Prenzlau, Aug 6, 2007
http://www.finanznachrichten.de/nachrichten-2007-08/artikel-8753480.asp

Aleo solar AG can report new orders from Italy: A number of specialist dealers and fitters have placed orders for aleo modules totalling EUR 12 million. Roof-mounted installations up to 50 kW in particular will be completed, as they attract high feed-in tariffs in Italy. These contracts will allow Aleo solar AG to significantly expand its Italian customer base. They will increase Aleo solar AG´s total international order volume for 2007 to approx. EUR 60 million by the end of July. aleo solar has had a sales team in Italy since mid-2006. Simplified legislation was passed in Italy at the beginning of 2007. aleo´s sales team was expanded in April and its strong specialist dealer support was presented at the “Solarexpo” trade fair in Verona.
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XsunX to Offer Solar Module Production Capacity to Solar System Integrators

August 16th, 2007 by kalyan89 in Press Releases, Reports, PV-General, SC Company Reports

Aliso Viejo, CA, July 24, 2007
Source: PR Newswire /Money,CNN.com
http://money.cnn.com/news/newsfeeds/articles/prnewswire/CLTU06824072007-1.htm

XsunX, Inc. , a developer of advanced manufacturing systems and cell structures for thin-film photovoltaic solar energy, provides insight to its solar module production plans and the roll out of initial marketing efforts for module sales. The Company’s plans for the build-out of a 100MW thin-film solar module production facility are proceeding on schedule, both internally and with its equipment vendors. Site selection is underway, engineering is scheduled to begin at the end of this month, and the first phase of system production is slated to begin later this year.
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Mitsubishi Electric Introduces New UD5 Series of Photovoltaic Modules

175, 180, 185 and 190Wp panels have new features, lighter weight
Cypress Calif., August 14, 2007
Source: Mitsubishi Electric.com/press release
http://www.mitsubishielectric.com/news/2007/ Mitsubishi_Electric_Introduces_UD5_Photovoltaic_Modules_8-14-07.html

Mitsubishi Electric, one of the world’s largest manufacturers and providers of solar power technology, has introduced its new UD5 series of 100% lead-free solder PV modules. The UD5 series includes four of the most in-demand power outputs, with new engineering for optimal efficiency and reliability. (more…)

Specialist in CIGS solar cells HelioVolt gets $77 million

By Michael Kanellos, Staff Writer, CNET News.com / 15 August 2007
http://news.com.com/2100-11392_3-6202870.html
The specialist in CIGS solar cells plans to use the money to build factories for producing the panels.

Despite recent hiccups, the CIGS train rolls on. HelioVolt, which specializes in copper-indium-germanium-selenide (CIGS) solar cells, has raised $77 million in a second round of financing, some of which comes from a fund out of the oil-rich sultanate of Abu Dhabi.  The money will be used to build factories. HelioVolt hopes to start limited production in the middle of next year and ramp to full production by the first quarter of 2009, CEO B.J. Stanbery said in an interview. (more…)

United Solar Ovonic Signs Three-Year Agreement With Advanced Green Technologies for $108 Million of Photovoltaic Products

August 13th, 2007 by kalyan89 in Press Releases, Reports, SC Company Reports

Agreement to expand sale of UNI-SOLAR(R) products
Auburn Hills, Mich., July 24, 2007
Source: yahoo business news
http://biz.yahoo.com/prnews/070724/cltu055.html?.v=101

United Solar Ovonic LLC, a wholly owned subsidiary of Energy Conversion Devices, Inc. (Nasdaq: ENER – News), announced today that it has signed a three-year distributor agreement with Advanced Green Technologies, Inc. for $108 Million of Photovoltaic (PV) products. A unit of Advanced Roofing, Inc., Advanced Green Technologies is offering sustainable building integrated solutions and renewable energy products for commercial and residential roofing applications using UNI-SOLAR® products. California and 12 other states have recently embraced energy efficiency initiatives and renewable energy policies in efforts to reduce greenhouse gas emissions.
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Acciona Energy announces $266 million long-term project financing for Nevada Solar One in USA

Chicago, July 30, 2007
Source: Acciona Energy press release
http://www.acciona-energia.es/default.asp?x=00020401&z=000105&item=263

ACCIONA Energy has announced it has closed a $266 million long-term project financing for  Nevada Solar One, its 64-megawatt Concentrated Solar Power (CSP) plant, the largest solar power plant built in the world in 16 years. The deal represents the first leveraged lease structured financing for a CSP plant in the United States. The leveraged lease structure was financed by debt participants Banco Santander and BBVA, headquartered in Spain, and Caixa Geral de Depósitos, headquartered in Portugal, and equity investors JPMorgan Capital Corporation, Northern Trust and Wells Fargo. (more…)

BP Solar celebrates multi-million dollar expansion project in Maryland and contribution to Maryland solar schools Program

August 13th, 2007 by kalyan89 in Press Releases, Reports, PV-General, SC Company Reports

Expansion investment boosted from $70 million to $97 million to increase capacity, create new jobs, and use sustainable building techniques -$100,000 commitment to Maryland solar schools program
Frederick, MD, 16 July 2007
Source: BP Solar press release
http://www.bp.com/genericarticle.do?categoryId=3050551&contentId=7034815

BP Solar and Maryland Governor Martin O’Malley break ground today on what is now a $97 million expansion project that will further bolster the facility’s output of solar energy products. Already the largest fully integrated solar plant in North America, the plan is to nearly double the current casting and sizing capacity to approximately 150 MW and will create approximately 70 new jobs.
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United Solar Ovonic announces a 3-year $108million distribution agreement

August 9th, 2007 by kalyan89 in Press Releases, Reports, PV-General, SC Company Reports

July 24, 2007
Source: InsideGreentech.com
http://insidegreentech.com/1514/new-108m-uni-solar-contract-win

United Solar Ovonic, a subsidiary of Energy Conversion Devices (NASDAQ: ENER), announced a new three-year $108 million distribution agreement today. Advanced Green Technologies is offering building integrated photovoltaic solutions for commercial and residential roofing applications using UNI-SOLAR® products.
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Oerlikon Solar, CMC to open turnkey 40-MW solar cell production plant

By Ann Steffora Mutschler, Senior Editor.Electronic News, July 26, 2007
Source: EDN.com
http://www.edn.com/index.asp?layout=article&articleid=CA6463348

Pfäffikon, Switzerland-based thin film production equipment supplier Oerlikon Solar reported today it has signed a contract with Taiwan-based CMC Magnetics Corp. (CMC) for the supply of a 40-MW peak (MWp) thin-film solar cell production plant.  Last week, news reports stated that CMC, Taiwan’s top compact disk maker, plans to set up a new firm to make solar cells and will likely list the unit in 2009, as it seeks to tap growing demand for alternative energy sources. The first components from the plant are to be shipped to CMC this year with production planned for mid-2008.
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CMC to set up subsidiary (Sun Well Technology) to make thin-film solar modules

August 9th, 2007 by kalyan89 in Press Releases, Reports, PV-General, SC Company Reports

Jimmy Hsu, Taipei; Adam Hwang,
Source: DIGITIMES, 20 July 2007
http://www.digitimes.com/bits_chips/a20070719PD213.html

CMC Magnetics, the largest maker of optical discs in Taiwan, will establish a subsidiary, Sun Well Technology, to produce thin film solar cell modules, according to a decision made by the company’s board of directors at a meeting on July 19.  Sun Well will have registered capital of NT$1.5 billion (US$45.7 million), with the planned initial paid-in capital of NT$700 million to be solely invested by CMC, according to CMC vice president and spokesperson Andrea Wong.
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