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Sanyo to invest US$161 million on solar cells

December 27th, 2006 by kalyan89 in PV-General, SC Company Reports

By Masaki Kondo TOKYO, Bloomberg / December 20, 2006
source: chinapost.com
http://www.chinapost.com.tw/news/archives/business/20061220/98014.htm

Sanyo Electric Co., the world’s biggest maker of rechargeable batteries, said it will invest 19 billion yen (US$161 million) in solar cell production over the next two years as demand is increasing. Sanyo expects production capacity to double to 350 megawatts in the fiscal year starting April 2008, the Osaka-based company said in a statement Tuesday. Output of panels will probably total 260 megawatts next year, matching a forecast the company provided first in June.

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Everyone is going Solar

December 27th, 2006 by kalyan89 in PV-General, SC Company Reports

Himanshu Pandya / December 25th, 2006
source: financialnirvana.com
http://energy.financialnirvana.com/2006/12/25/everyone-is-going-solar/

According to DigiTimes, Taiwan based AU Optronics Corp. (NYSE: AUO) is getting into the Solar business. The company is said to have recruited a team of specialists to produce thin-film solar cells. AU Optronics Corp. engages in the design, development, manufacture, assemble, and marketing of thin film transistor liquid crystal display (TFT-LCD) panels and other flat panel displays. The solar cell manufacturing is similar in nature and would only require an investment of $7.7 million to produce thin-film solar cells on a glass substrate base line.

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European Commission OKs aid for German solar energy plant

December 23rd, 2006 by kalyan89 in PV-General, SC Company Reports

By Helen Marshall /21st December 2006
Source: Energy Business News
http://www.energy-business-review.com/article_news.asp?guid=FC9CD843-250B-4FE3-A18F-6830EBA9D88D

The European Commission has authorized €76 million of aid, which the German government intends to grant to Conergy over three years to construct a new production plant for solar energy modules in Frankfurt (Oder). The project, which will be spread over three years (from 2006 to 2008), is aimed at producing solar energy modules that make it possible, as the main part of an integrated solar energy system, to convert sunlight into electricity.

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Chinese solar energy firm Trina Solar lists on NYSE

December 23rd, 2006 by kalyan89 in PV-General, SC Company Reports

Editor:Lu Yuying / December 12, 2006
Source: Xinhuanet
http://www.cctv.com/program/bizchina/20061222/100329.shtml

BEIJING, Dec. 21 (Xinhua) — Trina Solar Limited has become the second Chinese solar energy firm to have its shares traded on the New York Stock Exchange. The solar power product manufacturer has raised nearly 98.1 million US dollars from its initial public offering of 5,300,000 American Depository Shares (ADS). The ADSs, each representing 100 ordinary shares of Trina Solar, began trading on Tuesday, with their prices opened at 26 U.S. dollars, up 40.5 percent from the IPO price. A total of 5.3 million shares were sold for 98 million US dollars on its debut trading.

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Tata BP Solar India opens Solar Shop in Lucknow, India

December 23rd, 2006 by kalyan89 in PV-General, SC Company Reports

First solar shop opens in city – 50 more such shops in the pipeline

Express News Service, December 21, 2006
Source: Express India
http://cities.expressindia.com/fullstory.php?newsid=214150

WITH the opening of the first exclusive solar equipment showroom in the city by TATA BP Solar India Limited, Lucknowites can now have a clean, silent, non-polluting and reliable energy source. Around 50 such shops will be opening shortly in the state. The equipments are lightweight, user-friendly and easy to connect and the product range includes solar cells, solar street lights, solar home lighting system, solar lanterns, road studs, solar water-heating system and lots more.

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Evergreen Solar, Q-Cells and REC Become Equal Partners in EverQ

December 23rd, 2006 by kalyan89 in PV-General, SC Company Reports

German Regulatory Authorities Approve EverQ Partnership Agreements
Source: Press release Evergreen Solar
http://phx.corporate-ir.net/phoenix.zhtml?c=123321&p=irol-newsArticle&ID=944431&highlight=

MARLBORO, Mass.; THALHEIM, SAXONY-ANHALT, Germany & HOVIK, Norway–(BUSINESS WIRE)–Dec. 21, 2006

Evergreen Solar, Inc. (Nasdaq: ESLR), Q-Cells AG (FSE: QCE) and Renewable Energy Corporation ASA (OSEAX: REC.OL) (REC) today announced that regulatory authorities in Germany have approved previously announced partnership agreements that make the companies equal partners in EverQ, which manufactures solar modules in Thalheim, Germany. Effective December 19, 2006, all three partners will share equally in the net income generated by EverQ.

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Solar EnerTech Announces Release of Power Conditioning Software

December 21st, 2006 by kalyan89 in PV-General, SC Company Reports

Solar EnerTech Announces Beta Release of Power Conditioning Software and Applauds US Federal Solar Energy Tax Credit Extension to 2008

December 18, 2006

Source: press release/Solar EnerTech Corp.
http://www.solarenertech.com/News/release.asp?numb=216

Solar EnerTech Corp. (OTCBB: SOEN) (the Company) wishes to advise that while participating at a renewable energy symposium in Beijing, Management warmly welcomed the recently passed legislation enacted by the US 109th Congress last week which is expected to significantly benefit the Company’s upcoming sales and marketing efforts. The act extends the 30% solar energy investment tax credit for homeowners and businesses for one additional year, through to the end of 2008.
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XSUNX CEO comments optimistically on Annual Report

December 21st, 2006 by kalyan89 in SC Company Reports

source: XsunX press release

http://www.xsunx.com/news.aspx?news=28

ALISO VIEJO, Calif., Dec. 19, 2006 —— XsunX, Inc. (XSNX), developer of advanced manufacturing systems and cell structures for solar energy, submitted its annual report on December 14, 2006 to the Securities Exchange Commission for its fiscal year, which ended September 30, 2006.

CEO Tom Djokovich offered these comments in respect to the report: “Two thousand six was a year of tremendous transition for XsunX. We added cash to drive growth, tangible assets in the form of our first production prototype, key staff members to kick-start business development and manage growth, and technical marketing facilities to allow our clients an opportunity to see first hand what we offer. In 2007, we are focused on leveraging the investments we’ve made to drive growth and service the need for clean renewable sources of energy,” concluded Djokovich.

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SolarWorld AG continues group-wide course of expansion

December 21st, 2006 by kalyan89 in PV-General, SC Company Reports

Freiberg wafer production to double capacity to 500 MW
Dec 21, 2006
Source: Solarworld AG /ad hoc annoucement
http://www.solarworld.de/sw-eng/presse-adhoc/index.php

SolarWorld AG will consistently continue its group-wide course of expansion after the integration of the crystalline solar activities of the Shell Group. Against the background of the strong international expansion of the group business the solar technology group will now further expand its capacity for the production of modern and highly efficient solar silicon wafers at the Freiberg location from the current 250 Megawatt (MW) within the next 28 months to 500 MW. 50 per cent of this volume has already been sold until 2018 by way of long-term supply contracts with the international solar cell industry. The other half will go into the group’s internal value creation process. The solar silicon needed for the production of the 500 MW of solar wafers is secured by way of long-term delivery agreements with leading international silicon producers, the establishment of its own silicon factories and its Freiberg recycling facility.

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Cypress to invest $50 m for solar fab unit in AP

December 21st, 2006 by kalyan89 in PV-General, SC Company Reports

New Delhi , Dec. 20, 2006

Source: The Hindu Businessline
http://www.thehindubusinessline.com/2006/12/21/stories/2006122105070400.htm

Cypress Semiconductors Technology India Pvt Ltd said that it planned to set up a solar `fab centre’ in Andhra Pradesh at an investment of up to $50 million. Cypress has been talking with the Andhra Pradesh Government on the same. The manufacturing facility would be to produce solar cells and wafers.

The California-based chip design company has design centres at Bangalore and Hyderabad. “While we would be increasing our design engineers in Bangalore from 300 to 600 in the coming years, we would also double our headcount at our Hyderabad centre from 20 to 40,” said Mr Pidugu L. Narayana, Director, Design Centre, Hyderabad.

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