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The German photovoltaic market – solid as a rock

Bonn, 26 May 2009
Source: Pressecho.de
http://www.presseecho.de/umwelttechnik/PB265458.htm

Germany will again be the most important photovoltaic market worldwide in 2009, according to the forecast from EuPD Research, the leading market researcher for solar energy. According to estimations made in the new study: ‘The German PV Market Understand the Demand – Explore the Potential’, two gigawatts of modules will be newly installed in Germany. Although global context factors do not bode well with the optimistic outlook of the international photovoltaic industry – the break down of the Spanish market, the worldwide supply surplus and the financial crisis, are all causes for uncertainty. However solid framework conditions in Germany could make sure that the local photovoltaic market will experience considerable growth nonetheless ? thrusting it even more into the global spotlight. (more…)

Italy solar installations rise to 485 megawatts-GSE

Rome,  May 24, 2009
Source: Reuters India
http://in.reuters.com/article/oilRpt/idINLO46892420090524

More than 38,000 photovoltaic (PV) installations that turn sunlight into power are currently on stream in Italy with a total capacity of 485 megawatt, the state-run power management agency GSE said on Sunday. PV installations mushroomed in Italy from about 22 MW in early 2007 after the government launched a new incentive plan, considered by analysts to be among the most generous in Europe. (more…)

REC Solar brings installation services to Phoenix, Az

by Patrick O’Grady, May 11, 2009
Source: Phoenix Business Journal
http://www.bizjournals.com/phoenix/stories/2009/05/11/daily6.html

REC, based in San Luis Obispo, Calif., opened its Phoenix office several weeks ago touting more affordable prices for residential and smaller commercial users via lease options. It is the latest addition to a market that already includes California-based SolarCity, which hit town with a buy-in from Tempe-based First Solar Inc., and Scottsdale’s American Solar Electric, which teamed with SunRun, a California solar financing company, to offer lower cost entry points. (more…)

Tigo Energy Reaches Key Milestones and Raises $10 Million “B” Round Financing

May 31st, 2009 by kalyan89 in Press Releases, Reports, PV Industry - America

Los Gatos, CA – May 26, 2009
Source: TigoEnergy.com press release/ PRNewswire
http://sev.prnewswire.com/null/20090526/SF2247626052009-1.html

Tigo Energy, (www.tigoenergy.com), the solar company whose unique technology significantly increases efficiency in photovoltaic solar installations, announced today that it has closed the second round of funding.  The $10 million round was led by ICV, and joined by all existing investors (Matrix Partners, OVP and Clal Energy). The series B financing represented a significant premium to Tigo Energy’s first venture round which was funded in May of 2008. Meir Ukeles of ICV has joined the Tigo Board of Directors following the round. (more…)

A New Solar Energy Information Site to Drive Growth in Solar Installations

May 31st, 2009 by kalyan89 in Press Releases, Reports

Source: http://www.urlwire.com/news/052909.html /May 29, 2009

CleanSolarLiving.com has launched a new web site which provides comprehensive information and unique content for people interested in moving forward with solar energy projects for their home or business.  CleanSolarLiving.com is also the fastest and easiest way to get connected with solar installers in a specific geographical area.  URL:  http://www.CleanSolarLiving.com. (more…)

Solar Energy Can Power 25% of the World’s Electricity Needs by 2050

Source: Environmental Leader.com/May 26, 2009
http://www.environmentalleader.com/2009/05/26/
solar-energy-can-power-25-of-the-worlds-electricity-needs-by-2050/

Concentrated solar power (CSP), using hundreds of mirrors to concentrate the sun’s rays, could meet up to 7 percent of the world’s power needs by 2030 and 25 percent by 2050, according to a new joint report from Greenpeace International, the European Solar Thermal Electricity Association (ESTELA) and IEA SolarPACES. Even with moderate assumptions for future market development, the world could have a combined solar power capacity of over 830 gigawatts (GW) by 2050, with annual deployments of 41 GW, representing 3.0 to 3.6 percent of global demand in 2030 and 8.5 to 11.8 percent in 2050, according to the Global CSP Outlook 2009 report. (more…)

Global Concentrating Solar Power Outlook 2009

Source: Greenpeace.com/25 May 2009
http://www.greenpeace.org/international/
press/reports/concentrating-solar-power-2009

With advanced industry development and high levels of energy efficiency, concentrated solar power could meet up to 7 percent of the world’s power needs by 2030 and fully one quarter by 2050.  This is the 3rd joint report from Greenpeace International, the European Solar Thermal Electricity Association (ESTELA) and IEA SolarPACES since 2003. With every edition we have increased the projected market volume significantly, and it finally turned over a billion dollars in 2008, this amount could double in 2009. While we highlighted in our first joint report the huge market potential, we were able to move to another message in 2005 when we launched the second report in Egypt: “CSP is ready for take off!”. (more…)

Emcore Corporation Announces Long Term Supply Agreement With Space Systems/Loral

Albuquerque, NM, May 20, 2009
Source: Emcore Corp. press release
http://www.emcore.com/news_events/release?y=2009&news=222

EMCORE Corporation, a leading provider of compound semiconductor-based components and subsystems for the fiber optic and solar power markets, announced today that Space Systems Loral (SS/L) has awarded a long term supply agreement contract to EMCORE’s Photovoltaics Division to manufacture and deliver high-efficiency, multi-junction solar cells for Space Systems/Loral’s spacecraft programs. The period of performance for the contract is 2009 through 2014 and the solar cells will be produced at EMCORE’s state-of-the-art manufacturing facilities located in Albuquerque, New Mexico, USA. (more…)

Cyrium touts >40% efficient multi-junction solar cells

by CCN Matthews, Ottawa, Ontario, May 21, 2009
Source: Solid State Technology.com
http://www.solid-state.com/display_news/178340/5/HOME/Cyrium_touts_%3E40_efficient_multi-junction_solar_cells

Cyrium Technologies Inc., a designer and manufacturer of high efficiency photovoltaic solar cells, announced today that multi-junction solar cells produced by the company now exceed the performance of all commercially manufactured solar cells.  “Cyrium is pleased to set new performance standards for the solar cell suppliers to the Concentrator PhotoVoltaic (CPV) industry,” said Dr. Simon Fafard, founder and CTO of Cyrium Technologies. “We believe the exceptional performance of our 10mm square cell will enhance CPV’s business case and is a key to moving the cost of renewable solar energy toward grid parity.” (more…)

Clouds Remain Over Solar Industry

May 26th, 2009 by kalyan89 in Press Releases, Reports, PV-General, R&D reports

by Mark Scott , May 12, 2009
Source: BusinessWeek.com
http://www.businessweek.com/investing/green_business/
archives/2009/05/clouds_remain_o.html

Here’s a quick temperature gauge of the global solar market. Germany’s Q-Cells, the world’s largest maker of solar cells, reported a first-quarter net loss of €391.9 million ($534 million) on May 12 and cut its 2009 sales targets to between $1.8 billion and $2.2 billion — down from a previously announced $2.3 billion-to-$2.9 billion range. On the same day, German solar module manufacturer Solon similarly announced a first-quarter net loss of $25.2 million, adding the company expects to report a further loss for the current financial quarter. (more…)

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