Solar Cells Info

Times News Network / March 6,2007
Source: IndiaTimes
http://infotech.indiatimes.com/Moser_Baer_to_set_up_thin_film_solar_fab/articleshow/1727200.cms

NEW DELHI: Within weeks of government unveiling a policy to encourage semiconductor fabrication and other micro and nano technology manufacturing, Moser Baer on Monday announced it would establish the world’s largest Thin Film Solar Fab at Greater Noida, entailing an investment of $250 million over the next three years.
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by Ann Steffora Mutschler, Electronic News /6 March 2007
Source: Electronicsweekly.com
http://www.electronicsweekly.com/Articles/2007/03/06/40907/Applied+to+build+advanced+thin+film+solar+line.htm

Semiconductor and thin film equipment leader Applied Materials said it has been selected by Moser Baer India to develop and install what it believes is the world’s first Generation (Gen) 8.5 thin film solar module production line in New Delhi, India.

This Gen 8.5 line will manufacture photovoltaic solar modules using ultra-large 5.7-square meter substrates, measuring 2.2 meters by 2.6 meters. These glass panels – four times bigger than today’s largest solar panel substrates – are expected to drive down panel production costs and help reduce the overall cost of solar electricity, Applied noted.

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source: Myiris.com
http://www.myiris.com/newsCentre/newsPopup.php?fileR=20070322081532121

Tata Power, subsidiary Tata BP Solar India, provider of solar power systems, announced an USD 100 million expansion plan, to be implemented over 18 months, reports Mint. The investment aims at, doubling the manufacturing capacity of solar photovoltaic cells at its Bangalore plant. Tata BP Solar India, a 51:49 JV between BP Solar and Tata Power, (Q, N,C,F)* commenced its commercial operations in 1991. The joint venture has invested USD 25 million in India.
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source: Solar EnerTech Corp. press release /March 21, 2007
http://www.solarenertech.com/news/release.asp?numb=222

Solar EnerTech Corp. (OTCBB: SOEN) (the “Company”) is pleased to announce the final closing of its private placement with institutional investors in the amount of $9.0 million on March 19, 2007, bringing the total principal amount of Convertible Notes sold in its private placement offering to $17.3 million. Knight Capital Markets, LLC, a NASD member firm, acted as sole placement agent in connection with this offering.
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Nuying Huang, Taipei; Rodney Chan, DigiTimes.com /21 March 2007
http://www.digitimes.com/bits_chips/a20070321PD208.html

China-based Suntech Power has become the world’s third largest solar cell supplier following Japan-based Sharp and Germany-based Q-Cells, according a Suntech executive. Suntech’s solar cell shipments totaled 150MW in 2006, and total output for 2007 is expected at 270-280MW, Steven Chan, vice president of business development at Suntech, said during a Merrill Lynch seminar.
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March 14, 2007
Source: Ascent Solar /press release
http://www.ascentsolar.com/view.php?tg=press&id=19
Hydro has entered into an agreement to invest USD 9.2 million in the American solar energy company Ascent Solar Technologies, Inc., which has developed a super thin and flexible solar cell technology. The investment gives Hydro a 23 per cent ownership interest in Ascent Solar. “Ascent Solar’s flexible thin film is very exciting. Not only due to the low weight that makes the solar cells easy to transport, install and maintain, but also because flexible solar cells have a large number of potential applications in the future”, says Jørgen C. Arentz Rostrup, who heads the market activities in Hydro’s Oil & Energy business area.
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March 14, 2007
Source: Budapest Sun
http://www.budapestsun.com/cikk.php?id=25972

Hungarian solar panel manufacturer HelioGrid Magyarország Napelemgyártó Kft announced on Friday (Mar 9) that it is to build a Ft16.5bn ($87.3m) factory in Rétság (55km north of Budapest, in Nógrád county), wire services MTI and Interfax reported. The company said the thin-film solar module plant is necessary to meet increasing demand for the product in the region. The project is expected to be completed by the end of 2008, creating 810 jobs.

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The contract will continue funding the development of lightweight and high- efficiency solar cells and solar modules for airship and space applications

source: United Solar Ovonic /press release
http://www.uni-solar.com/newsdetail.asp?id=192

AUBURN HILLS, Mich., March 15– United Solar Ovonic LLC, the world leader in thin-film amorphous-silicon solar technology and a wholly owned subsidiary of Energy Conversion Devices, Inc. (ECD Ovonics) (NASDAQ: ENER) , announced today that the Air Force Research Laboratory (AFRL) in Kirtland AFB, New Mexico, has exercised an 18-month contractual option for $9.1 million with United Solar Ovonic to develop new solar cell technology to be used in space and airship vehicles addressing defense and homeland security applications.
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By Joseph M. deLeon /News-Post Staff /Originally published March 15, 2007
source: Frederick News Post
http://www.fredericknewspost.com/sections/business/display.htm?StoryID=57934

FREDERICK — BP Solar International will receive $7.5 million in funding this year from the U.S. Department of Energy. It’s the first phase of a three-year, $40 million research and development program BP Solar and its partners proposed to help make solar power cost competitive with electricity generated by other means.  The money is part of an initiative to promote solar energy and reduce the nation’s dependence on foreign energy.
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SolarWorld AG surpasses own 2006 forecast with group sales of 515 million EUR and profits of 130 million EUR –  SolarWorld AG / Final Results

Feb 12, 2007
Source: SolarWorld AG press release
http://www.dgap.de/link.php?von=19970101&typ=adhoc&isin=DE0005108401&sprache=en&a=10&v=en&id=68828

In fiscal year 2006 SolarWorld AG profitably expanded and internationalized  its group-wide business volume both through organic growth along the entire solar value chain and also through the acquisition of the Shell solar activities. In comparison with the previous year group sales rose by 45 per cent to 515   (previous year: 356) million EUR which was more than forecast. Without taking into consideration one-off effects like the lucrative Shell solar acquisition the group generated earnings before interest and taxes (EBIT) of 118 million EUR. The after-tax annual result adjusted for these effects amounted to 73 (previous year: 52) million EUR which, as predicted by the Board of Management, was 40 per cent above the previous year.
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