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Further gains likely for First Solar stock

December 15th, 2007 by kalyan89 in Press Releases, Reports, PV-General, SC Company Reports

Ryan Randazzo, The Arizona Republic, Dec. 14, 2007
Source: The Arizona Republic
http://www.azcentral.com/arizonarepublic/business/articles/
1214biz-firstsolar1214.html

Analysts say high-flying First Solar Inc. of Phoenix could continue to gain altitude, projecting its shares to rise as much as $100 or so from their Thursday close of $248. The reports follow moves by two top executives this week to exercise options that netted them more than $5 million because of the stock’s huge gains in the past year. (more…)

Massachusetts State to launch $68m solar panel program

By Peter J. Howe, Boston Globe Staff / December 14, 2007
Source. Boston Globe/
http://www.boston.com/news/local/articles/2007/12/14/
state_to_launch_68m_solar_panel_program/

Governor Deval Patrick’s administration is launching a $68 million program today to increase the number of solar electric panels on Massachusetts homes, businesses, and schools by 600 percent over the next four years.  Patrick’s plan, which does not involve new taxes or fees, seeks to greatly simplify the process for people and businesses to get funding for promoting green power, including solar. The plan includes special incentives for buying Massachusetts-made solar panels and extra aid targeted at lower-income homeowners.
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United Solar Ovonic to supply up to 17 MW of photovoltaic laminates

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

United Solar Ovonic Announces Agreement with SunEdison to Supply up to 17 MW of Photovoltaic Laminate
AUBURN HILLS, Mich., Dec 10, 2007
Source: Ovonic press release/PRNewswire
http://investor.shareholder.com/ovonics/releasedetail.cfm?ReleaseID=280498

United Solar Ovonic LLC, a wholly owned subsidiary of Energy Conversion Devices, Inc. (Nasdaq: ENER) (“ECD”), announced today that it has entered into a supply agreement with Sun Edison LLC to supply up to 17 MW of its UNI-SOLAR(R) solar laminates in calendar year 2008. Under the terms of the agreement, SunEdison will purchase a minimum of 5 MW and up to an additional 12 MW of UNI-SOLAR laminates for use on large-scale rooftop installations on industrial and commercial buildings principally in the U.S.
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SolarCity Installs 100th Solar Learning Station

Leader in solar schools installations brings program to sites across California
Pasadena, CA, Dec. 4, 2007
Source: PRNewswire.com
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/12-04-2007/0004716934

Leading solar service provider SolarCity today announced at the Green California Schools Summit that the company plans to connect 100 solar learning station installations through the Pacific Gas and Electric Company’s “Solar Schools Program,” greatly inspiring renewable energy awareness in educational centers across the state.

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Solar Energy to Power Pumping Station for Geothermal Plant

1 Megawatt Solar Array, One of the Largest On the West Coast, Will Provide Clean, Efficient and Lower Cost Power Operations
Roseville, CA, Dec 10, 2007
Source: NCPA press release/ Businesswire.com
http://www.businesswire.com/portal/site/home/index.jsp?epi-content=GENERIC&newsId=20071210006086

Northern California Power Agency (NCPA), located in Roseville, CA and SPG Solar, located in San Rafael, CA today announced that they will join forces to build one of the largest solar arrays on the West Coast, near the City of Clearlake. The 1 megawatt single-axis solar tracking system will provide renewable energy to an existing pump station that supplies the NCPA Geysers Geothermal Energy Plant near Middletown, CA. The array will be used to collect solar power to pump wastewater into the geysers, which is in turn used to generate renewable geothermal power. The photovoltaic array will start generating clean renewable power beginning in September 2008.
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Linde Nippon Sanso to Supply Austria’s First Solar Cell Plant

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

Contract with Blue Chip Energy to supply gases to Guessing plant
Pullach, Germany, Dec. 13, 2007
Source; Businesswire.com
http://www.businesswire.com/portal/site/home/index.jsp?epi-content=GENERIC&newsId=20071213005888

Linde Nippon Sanso (LNS) is helping to promote solar power in Austria with a contract to supply the country’s first solar cell manufacturing plant. LNS has an exclusive contract to supply Blue Chip Energy GmbH in Guessing with all of the gases needed to make solar cells. (more…)

Spire Corporation Expands Solar Capital Equipment Manufacturing Space

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

Adds 53,000 Square Feet to Meet Global Demand for Turnkey Solar Factories; Annual Capacity for Equipment Now Exceeds 500 MW
Bedford, MA, Dec. 6, 2007
Source: Spire Corp./Businesswire Press releaes
http://phx.corporate-ir.net/phoenix.zhtml?c=76421&p=irol-newsArticle&ID=1084891

Spire Corporation (Nasdaq: SPIR), a global solar company providing turnkey solar factories and capital equipment to manufacture photovoltaic modules worldwide, today announced it has expanded into an additional 53,000 square feet of solar equipment manufacturing space at its Bedford, Massachusetts headquarters facility. The company now maintains a total of approximately 144,000 square feet of manufacturing and headquarters space at this location.
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Spire Corporation Renames Subsidiary to Capitalize on Fast-Growing Solar Concentrator Market

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

Bandwidth Semiconductor, Pioneer in Gallium Arsenide Solar Cells for Space Systems, Renamed Spire Semiconductor to Provide Solar Concentrator Cells for Terrestrial Applications
Bedfford, Mass, Dec. 13, 2007
Source: Spire Corp. /Businesswire press release
http://phx.corporate-ir.net/phoenix.zhtml?c=76421&p=irol-newsArticle&ID=1087075

Spire Corporation (Nasdaq: SPIR), a global solar company providing turnkey solar factories and capital equipment to manufacture photovoltaic modules worldwide, today announced that Bandwidth Semiconductor, Spire’s wholly owned subsidiary, will become Spire Semiconductor effective January 1, 2008. Bandwidth currently provides Spire with crystalline silicon solar- cell process technology and has re-entered the fast-growing, gallium arsenide (GaAs) concentrator solar cell market. This name change will better align Bandwidth with Spire’s overall solar industry focus.
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Mitsubishi Electric Solar Panels to Power San Francisco Food Bank

320 Panels Will Deliver 80,574 Kilowatt Hours of Electricity Each Year
CYPRESS, CA,Dec 13, 2007
Source: BusinessWire.com
http://www.businesswire.com/portal/site/home/index.jsp?epi-content=GENERIC&newsId=20071213005379

Mitsubishi Electric & Electronics USA, Inc. has been selected to provide photovoltaic (PV) panels for the San Francisco Food Bank’s 55,000 sq.-ft. warehouse. The San Francisco Food Bank is one of the nation’s largest, distributing more than 28 million pounds of food to low-income families, individuals and 500 non-profit organizations each year.
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Future Looks Bright for the China Photovoltaic (PV) Battery Industry as Solar Energy Goes Mainstream

DUBLIN, Ireland, Dec 12, 2007
Source: Businesswire.com press release

Research and Markets (http://www.researchandmarkets.com/reports/c77145) has announced the addition of China Photovoltaic (PV) Battery Industry Report, 2007 to their offering.  PV industry witnessed a rapid growth, and in the future it will have a nearly limitless outlook. During the ten years from 1996 to 2006, yield of solar batteries in the world has increased by 26 times with an annual compound growth rate of 38%. Besides, annual installations of solar batteries have increased by 22 times with annual compound growth rate of 36%. Such a growth is too speedy to compare for any other industries except for the semi-conductor industry. Though Germany is today’s largest PV market, but solar power generation there still takes a low proportion of 0.5%. But solar energy will undoubtedly become one kind of mainstream energy; therefore, its market will witness a bright prospect in the long term.
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