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China solar firm Shunda aims for $1 bln IPO in New York

By Helen Ding, Shangai, August 11, 2008
Source: Reuters.com
http://www.reuters.com/article/marketsNews/idUSSHA1399620080811

China’s Jiangsu Shunda Group, which makes silicon wafers used in solar power cells, aims to raise $1 billion from a share listing in New York during the first half of next year to fund rapid expansion, its president said on Monday. It plans to invest 1.2 billion yuan ($175 million) in a second polysilicon plant with annual production capacity of 3,500 tonnes, aiming to launch output in June 2009, Ni Yunda told Reuters in a telephone interview. (more…)

Flexible Nanoantenna Arrays Capture Abundant Solar Energy

Source: ScienceDaily, Aug. 10, 2008
http://www.sciencedaily.com/releases/2008/08/080810214010.htm

Researchers have devised an inexpensive way to produce plastic sheets containing billions of nanoantennas that collect heat energy generated by the sun and other sources. The technology, developed at the U.S. Department of Energy’s Idaho National Laboratory, is the first step toward a solar energy collector that could be mass-produced on flexible materials. (more…)

German Solon in $500 million deal with U.S. cell maker Suniva

Los Angeles, CA, Aug 6, 2008
Source. Reuters.com
Reporting by Nichola Groom; Editing by Braden Reddall
http://www.reuters.com/article/environmentNews/idUSN0537374520080806

German solar module maker Solon AG has signed a $500 million supply contract with U.S. solar cell maker Suniva Inc, the companies said on Wednesday. The deal, which runs until 2012, is the first customer announcement by privately held Suniva.  In an interview, Suniva Chief Executive John Baumstark said the deal would allow the two companies to collaborate on driving down the cost of solar power, while improving the efficiency of generating electricity from the sun’s rays. (more…)

Shanghai Aerospace Automobile to Fund Solar Cell Project

August 11th, 2008 by kalyan89 in Press Releases, Reports, PV Industry - Asia, PV-General

Shanghai, Aug 11, 2008
Source: TradingMarkets.com
http://www.tradingmarkets.com/.site/news/Stock%20News/1817219/

Shanghai Aerospace Automobile Electromechanical Co., Ltd. (SHSE: 600151), a renewable energy developer and automobile parts manufacturer, plans to raise at most CNY 1.8 billion by additionally issuing three shares to every ten shares its shareholders have.  The raised fund will be used to enlarge the share capital of Inner Mongolia Shenzhou Silicon Co., Ltd., and Shanghai Shenzhou New Energy Development Co., Ltd., and finance a 150MW solar cell project of Shanghai Shenzhou. (more…)

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