SunPower (SPWRA) is announcing this morning it’s signed power purchase agreements with Southern California Edison for a total of 711MW of solar power in California. The three contracts include power agreements for plants in Los Banos and Rosamond and would generate enough energy for nearly half a million homes. Sunpower will use its Oasis modular solar block technology to get the plants up quickly and optimize the use of land. The plants are expected to … Read the rest
All posts by Tate Dwinnell
First Solar (FSLR) Acquires RayTracker To Improve Efficiency
First Solar (FSLR) has announced it acquired RayTracker which makes solar tracking technology and PV balance-of-systems to improve efficiency by tracking the location of the sun. I assume this technology is similar to the ground mounted tracking technology that Sunpower uses, but would like to hear from the experts in this area! RayTracker’s team will integrate with First Solar along with their customers.
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“We expect … Read the rest
China Sunergy (CSUN) Lands 7MW Solar Module Deal For Solar Roof
China Sunergy (CSUN) has secured a 7 MW solar module supply contract with CEEG (Nanjing) Solar Energy Research Institute, for the Nanjing South Railway Station solar roof project. It’s the world’s largest stand-alone building integrated photovoltaic (“BIPV”) project for one structure and will be one of the most energy efficient public buildings in China. The company announced a big 120MW Italian solar supply deal just a couple weeks ago.
Daqo New Energy (DQ) Raises Q4 Guidance, Announces Expansion
Daqo New Energy (DQ) will have another good day today. Yesterday, the company was initiated at Buy over at Roth capital with a $15 price target and this morning the company is raising Q4 guidance and announcing expansion plans. They are raising their Q4 shipment guidance from 825 – 850MT to 930 – 950MT and revenue guidance from $65 – $69 million to $75 – $76 million. The company also announced plans to build its … Read the rest
First Solar (FSLR) Signs MOU Agreement For Ordos Solar Project In China
The big 2GW Ordos solar project in China is finally making some progress after quite a few delays. This morning First Solar (FSLR) and China Guangdong Nuclear Solar Energy Development signed a memorandum of understanding (MOU) to collaborate on the development of Phase 1 of the project. Under the agreement, the two companies will work together to develop the initial 30MW demonstration projects, but CGN will be the primary EPC provider while FSLR will provide … Read the rest
Rumor That Tesla (TSLA) Has 1st Model S Prototype Finished
Venture Beat is reporting that comments made at Engadget reveal that Tesla has finished its first prototype Model S electric sedan which isn’t expected to go on sale until 2012. Apparently a Model S manufacturing employee Brian Z Jones made a comment on Engadget commenting on the first run of the prototype:
“I just got to see the 1st Alpha proto run…. And, boy, did that thing run! The production vehicle will be as … Read the rest
Cree Inc (CREE) Announces Higher Efficiency XLamp White LEDs
Cree Inc (CREE) recently announced that its new XLamp XP-E High Efficiency White LEDs which enable LED fixture and bulb manufacturers to use half the amount of LEDs are now commercially available. The new LEDs which use Cree’s Direct Attach technology will help drive down costs while delivering the same performance.
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“One of the major barriers to LED lighting adoption and design remains upfront cost,” said
… Read the restIPO Coming For Top China Wind Turbine Company Sinovel
China’s biggest wind turbine producer Sinovel plans to raise over $1 billion in an IPO according to China Daily. China IPO’s always garner lots of interest, often times whether they’re profitable or not so Sinovel should do quite well considering it is profitable and growing. They’re expected to grow profits about 30% this year.
China’s 3rd largest wind energy company Huaneng Renewables scrapped plans for an IPO in Shanghai late last year so success … Read the rest
American Superconductor (AMSC) Gets $10 Million Wind Turbine Electrical Order
American Superconductor (AMSC) announced this morning that it received an order of more than $10 million for wind turbine electrical control systems from South Korea’s Doosan Heavy Industries for use in Doosan’s 3MW wind turbines. Shipping of the components will begin in about six months and continue for a year.
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“Doosan has decades of experience in the power and offshore arenas, which will serve them … Read the rest
UQM Technologies (UQM) Announces Expansion Into Full Production, Shares Surge
UQM Technologies (UQM) surged with heavy volume today up off the 50 day moving average after new CEO Eric Ridenour announced that the company has added full production capabilities for its electric vehicle components which include electric motors, generators and electronic controls. The company will present at the Piper Jaffray 6th Annual Clean Technology & Renewables Conference January 12th.
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“This expansion into full production capability … Read the rest