Ascent Solar just announced that they have manufactured a flexible, lightweight monolithically interconnected CIGS solar module on a polyimide substrate that is 5 meters long. This is the longest monolithically interconnected CIGS module ever manufactured. It was created using equipment that is being tested for use in the 30MW manufacturing facility that Ascent Solar is currently constructing. When tested, it produced 123 watts of power at 9.1% aperture area efficiency.
UQM Technologies just announced that the company has received $2.77 million worth of orders from the US military over the past 90 days. The orders are for propulsion systems, generators and engineering activities and projects. For example, the most recent order is from the US Navy and provides UQM with $750,000 to improve the torque of electric motors and to work with the University of Texas on an advanced gearbox.
First Solar and Lend Lease just announced that they have signed a new supply agreement. Under the contract, first Solar will supply Lend Lease with 10 MW worth of solar panels, starting right away. Lend Lease will use these panels in the construction of homes in Australia.
In a press release, executives from both companies commented on the deal:
“We are pleased to be working with First Solar, one of the leading solar companies, … Read the rest
China Sunergy just scored a 53 MW sales framework agreement and a 3 MW sales contract with Italian solar module manufacturer Renergies Italia. The 53 MW sales framework agreement covers 6 years, but the agreement is not legally binding to either China Sunergy or Renergies Italia-the two companies will negotiate separate contracts that may total 53 MW over the next 6 years. The first 3 MW sales contract has already been signed, and China Sunergy … Read the rest
Hoku Scientific (HOKU) reported earnings after the bell yesterday, but it isn’t the earnings that’s driving the stock down this morning, it’s concern that the company won’t be able to raise enough cash to fund construction of its Idaho polysilicon plant and possibly remain in business. The company has a $106 million gap that it’s working to fill through customer pre payments and financing. However, due to a tough credit market, the company is acknowledging … Read the rest
NRG Energy and eSolar just announced that El Paso electric has contracted them to build a solar power plant in Dona Ana county in New Mexico. The plant will be constructed and owned by NRG, and built with eSolar’s solar thermal technology per the agreement the two companies entered in February.
The Dona Ana plant is expected to be up and running by late 2011, and when completed it will produce 92 MW of solar … Read the rest
Broadwind Energy (BWEN) is another very bullish looking green stock (the only stock traded on a major US exchange that’s a wind energy pure play that I’m aware of) that has broken out of a series of bullish triangle patterns over the past several months. The first breakout point occurred in early April on a break above around 4.25, the 2nd breakout occurred in mid May just above 8 and a 3rd breakout has triggered … Read the rest
Yesterday, Advanced Battery Tech (ABAT) staged a firm breakout from a bullish consolidation pattern with heavy volume and appears poised for another leg higher in the coming weeks… possibly to the next level of resistance around the 6 level.
Full disclosure: I have been adding positions between 4 – 4.12 and remain long.
Greenhunter Energy’s share price was up by 62% on Tuesday, and the New York Stock Exchange wants to know why. After Greenhunter shares hit their nadir with a record-low price of 91 cents on Tuesday, they surged to $1.86 on Thursday, with a record number of $1.6 million shares sold.
Greenhunter won’t comment on the surge, but Pavel Molchanov, an analyst from Raymond James speculated in the Wall Street Journal that it could be due … Read the rest
Capstone (CPST) is soaring nearly 50% this morning after the company announced that it has successfully integrated its C30 liquid fueled microturbine into a Ford S-Max plugin hybrid which was designed and modified by Langford Performance Engineering. The C30 kicks in after 40 miles, extending the electric range by working to charge to the lithium batteries. Langford reports that the car, named the “Whisper Eco-Logic” is getting up to 80 mpg in early testing.
