Solar Cells Info

System Gains Global Attention from Taiwanese Delegation

Rocklin, CA. 08 February 2007 /
Press Release from SPG Solar, Inc.

The Rocklin Police Department in conjunction with the City of Rocklin announced the commissioning of its new 143kW AC dual solar energy system and carport structure for its state-of-the-art facility. The system gained international attention after a visit from the Magistrate of Tainan County, Taiwan, Su Huan-Chih, who was accompanied by a delegation of Tainan government officials, investors, and members of the Taiwan press. The Rocklin Police Department hosted a tour for the delegation on Monday that showcased its municipal application of renewable energy through its solar carport.
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8 Feb 2007
source: DigiTimes report
http://www.digitimes.com/bits_chips/a20070208VL200.html

After seeing the the average selling price (ASP) of solar modules stay flat for three consecutive months, the ASP showed signs of weakening in Europe with a slight drop reported, according to figures posted by Solarbuzz. Industry players generally believe ASPs should remain strong or even report slight growth since there is no more inventory pressure at the moment.
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Jan 29, 2007
source: Ameresco press release
http://www.ameresco.com/release.asp?ID=130

The solar powered car that Newburgh Free Academy (NFA) students plan on racing across the country next summer is being completely rebuilt with a $20,000 donation from Ameresco, an energy services company with offices across North America including Newburgh. NFA’s Solar Racing Team and their rebuilt vehicle, Sol Machine VI, will compete against teams from other schools in the US and abroad in a contest that begins in Round Rock, TX on July 14 and scheduled to end in upstate New York eight days later.
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Tucson/Berlin, January 25, 2007
source: Globar Solar/ press release

Global Solar Energy, Inc., has announced that it is to invest approximately € 30 million to set up a production facility for thin-film solar cells in Germany. The facility, which is to be built at the Berlin-Adlershof science and technology park, will have in two steps a production capacity of round about 30 megawatts. Production is scheduled to commence at the Berlin facility in the first half of 2008. The company also announced that capacity at its site in Tucson, Arizona, is to be expanded from its current level of 4 megawatts to 40 megawatts.

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By Yung Kim,
NEW YORK (Reuters) /Wednesday, February 07, 2007
source: Canada.com
http://www.canada.com/nationalpost/financialpost/story.html?id=70d2fa2a-60de-4959-a6cb-6eacc636c00d&k=82633

Stock of China’s JA Solar Holdings Co. Ltd. , a maker of solar cells, rose as much as 30 percent in its U.S. market debut on Wednesday, boosted by a sunny outlook for alternative energy, analysts said. The American Depository shares of JA Solar opened up 27 percent at $19.06 and rose as much as 30 percent to $19.50 on Nasdaq. Share prices slipped in late trading, closing at $17.80, a rise of 18.7 percent.
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Suntech  share price falls 5% on news of the issue, which is marketed with a conversion premium of up to 30%.

By Anette Jönsson /8 February 2007
Source: FinanceAsia.com
http://www.financeasia.com/article.aspx?CIaNID=45536
Suntech Power intends to raise $300 million from the sale of five-year convertible bonds which it will use partly to finance an expansion of its production lines and to repay a bridge loan obtained in connection with the August acquisition of Japan’s MSK Corp. Marketing of the bonds began after the close of New York trading on Tuesday and the pricing will be determined at the end of trading tonight (February 8). The bonds are convertible into Suntech’s Nasdaq-listed American Depositary Shares or into cash or a combination of cash and shares, at the option of the issuer, according to a company release.
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Source: Trina Solar press release /8 Feb 2007
http://www.trinasolar.com/front/en/news.php?newid=16

Changzhou, China – February 8th, 2007 — Trina Solar Limited (NYSE: TSL) (“Trina Solar” or the “Company”), a leading integrated manufacturer of solar photovoltaic products based in Changzhou, China, announced today that it has entered into a strategic cooperation agreement with Q-Cells AG (“Q-Cells”), the largest independent solar cell manufacturer in the world.

Under this strategic cooperation agreement, Trina Solar will supply Q-Cells with at least 18MW of high-quality monocrystalline wafers which will be processed into high efficiency cells for Trina Solar’s module assembly facility.  The size of this contract is sufficient for Trina Solar to meet its current 2007 cell requirements while it ramps up its solar cell manufacturing lines.  Furthermore, Q-Cells will benefit from this strategic agreement by filling additional capacity in its rapidly expanding cell lines in Thalheim, Germany.  In addition to the commercial agreement, Q-Cells will provide technical assistance to Trina Solar during the ramp up of the Trina Solar cell lines.
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Source: Trina Solar press release Feb 1, 2007
http://www.trinasolar.com/front/en/news.php?newid=15

Changzhou, China – February 1, 2007 – Trina Solar Limited (NYSE: TSL) (“Trina Solar” or the “Company”), a leading integrated manufacturer of solar photovoltaic products based in Changzhou, China, announced today that it has signed a long-term supply agreement for polysilicon with DC Chemical, one of the leading chemical companies in Korea “DCC”). DCC has agreed to supply polysilicon to Trina Solar over a seven-year period with a total contract value estimated at over US$120M and with shipments expected to begin in 2009.
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Source: Trina Solar press release /Jan 31, 2007
http://www.trinasolar.com/front/en/news.php?newid=14

Changzhou, China – January 31, 2007 — Trina Solar Limited (NYSE: TSL) (“Trina Solar” or “the Company”), a leading integrated manufacturer of solar photovoltaic products based in Changzhou, China, announced today that it has entered into a long-term supply agreement with Wacker Polysilicon, the polysilicon division of Wacker Chemie AG (“WACKER”). Under this supply agreement, the polysilicon division of Wacker Chemie AG has agreed to supply Trina Solar with high purity polysilicon over a 6 year period beginning in 2009. The overall supply from this contract will allow Trina Solar to produce over 150MW of modules during this period. The financial details and the volumes of the agreement have not been disclosed.
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“Missouri Schools Going Solar (MSGS)” supported by the Missouri Department of Natural Resources’ Energy Center, exists to educate students, teachers and communities about the importance of electricity as an energy form, the value of renewable solar energy in  meeting current and future energy needs, and solar energy technologies. This project serves K-12 schools that have an interest in solar electric energy and the initiative to create a partnership with the Missouri Department of Natural Resources’ Energy Center, local electric utility and the local community to install a solar array.
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