Despite the global economic crisis, LDK Solar has stated that it still has enough standing orders for its solar wafers to keep the company stable. According to the company, it received 14 orders for solar wafers last year and is scheduled to deliver 14,000 megawatts worth of product by 2019.
From TradingMarkets.com, here’s the latest on LDK Solar’s production capacity:
According to an insider with LDK Solar, the company’s annual solar wafer capacity had … Read the rest
General Electric (GE) continues to invest in Michigan based, lithium ion batter maker A123 Systems, providing another $15 million in financing and gaining a seat on the board in exchange. This follows the recent announcement that A123 Systems was selected by Chrysler to develop lithium batteries for their line of electric vehicles due out in 2013.. assuming of course Chrysler stays in business or is bought out. GE now owns about 10% of A123 Systems … Read the rest
Last week, we reported that Raser was planning to showcase a hybrid SUV at the SAE Conference in Detroit. Now, it seems that not only are they producing an SUV, they are aiming to give an iconic image of American excess and gas-guzzling a "green" makeover. Yes, my friends, Raser is working on hybrid Hummer. According to MotorAuthority, the hybrid SUV uses the Hummer H2 as a base. However, unlike its fuel-chugging predecessor, this … Read the rest
Together, General Electric Company and Vestas Wind Systems took a combined 56% of the US market in 2008, selling an unprecedented 4,648 megawatts. Overall, wind power installations rose by 58% last year, with a total of 8,300 megawatts. Employment in the wind industry was also up to 85,000 employees, an increase of 70 percent, here are statistics from last year for the leading wind companies:
GE, based in Fairfield, Connecticut, retained the lead in largest … Read the rest
Truck and SUV owners may soon be able to have their cake and eat it, too. Raser Technologies just announced that it will showcase an extended-range plug-in hybrid SUV that gets over 100 miles per gallon at the Society of Automotive Engineers (SAE) Congress in Detroit. And, according to Raser, it’s fast and powerful enough to satisfy even the toughest drivers.
Hotstocked.com has a description of the vehicle:
… Read the restThe four-wheel drive vehicle that was developed
Canadian Solar has just announced that it has signed a 5 MW purchase agreement with Helio Micro Utility. Under the agreement, Helio Micro Utility will purchase 5 MW of solar modules from Canadian Solar’s line of PV solar modules.
In , executives from both company’s commented on the deal:
Dr. Shawn Qu, President and CEO of Canadian Solar, commented, “Canadian Solar is already one of the fastest growing solar manufacturing companies worldwide and this strategic … Read the rest
Tower Semiconductor and Applied Materials just signed a 5-year contract that allows Applied Materials’ to provide support for their wafer processing systems at Tower’s plant in Migdal Haemek, Israel through the Applied Performance Service program. Under the contract, Applied Materials will provide technical support for all of the Applied Materials tools in the facility.
Manfred Kerschbaum, senior vice president and general manager of Applied Global Services, commented on the agreement in a company press release… Read the rest
Comverge just announced the release of its new product, the Apollo Demand Response System. The Apollo System is the first demand-response system that links in-home demand-response devices with utility operations and back office applications.
In a company press release, members of Comverge’s leadership team commented on the product:
"Apollo represents a defining step forward for the Demand Response industry and a key component of SmartGrid technology. Utilities will now be able to deploy this enterprise … Read the rest
With Applied Material’s share prices suffering in the wake of a $1.9 billion solar contract being cut to $250 million, the company is taking steps to try to ensure continued demand for its products. In an interview with Clean Technology Insight, Charles Gay, president of Applied Material’s solar unit, advised that the company has been talking to utilities both in the US and in China to try to stimulate demand for its thin-film solar panels. … Read the rest
Suntech just announced that the company’s Eagle Solar Roof with SolarBlend(TM) is a 50+ SMART CHOICE award winner. The award, which is given by the 50+ Housing Council and the Sales and Marketing Council of Southern California, recognizes produces which stand for being innovative and environmentally friendly.
The Eagle Solar Roof is a building integrated PV roof that provides solar power to residential homes, produced as a joint venture between Suntech and Eagle Roofing company. … Read the rest