The Nasdaq has sent Evergreen Solar (ESLR) a deficiency letter due to the stock trading under a buck for several weeks. The company has until the end of the year to get its stock price above $1 and then it must trade there for 10 business days. If that doesn’t happen it could get a final removal notice and be delisted by the Nasdaq, but the company can appeal. As I mentioned a few days … Read the rest
All posts by Tate Dwinnell
Yingli Green Energy (YGE) Announces Strategic Cooperation Agreement with China Development Bank
Yingli Green Energy just announced that one of its affiliates, Yingli Group Company, has signed a strategic cooperation agreement with China’s state-owned China Development Bank. Under the agreement, a maximum of RMB 36 billion worth of credit facilities may be granted to Yingli and its affiliates, including Yingli Energy (China) Co., Ltd and Fine Silicon Co., Ltd, which are owned completely by Yingli and Yingli Green Energy–Baoding Tianwei Yingli New Energy Resources Co., Ltd, which … Read the rest
Philips CEO Discusses LED Lighting
Philips CEO discusses the future of LED lighting and the potential of his company.… Read the rest
Quantum Fuel Systems (QTWW) Signs Initial Q-Drive Purchase Order For Fisker Karma
Quantum Fuel Systems (QTWW) signed a supply deal with Fisker Automotive about two months ago for solar roof modules and control components for the Q-Drive system. Today, they have announced an initial purchase order for supplying Q-Drive™ powertrain systems for the Fisker Karma.
===> Click Here For Your FREE Quantum Fuel Systems Technical Analysis
Quantum will begin supplying the powertrain systems this fall to enable volume production which is expected to begin in February of … Read the rest
JA Solar (JASO) Snags 70MW Supply Agreement With Solar-Fabrik
JA Solar just announced that it has signed a 70 MW supply agreement with Solar-Fabrik AG, a European company it has been working with since 2008. Per the agreement, JA Solar will supply Solar-Fabrik AG with 70MW of solar PV materials in 2010. Shipments have already commenced.
===> Click Here For Your FREE JA Solar Analysis
In a press release, Dr. Peng Fang, CEO of JA Solar, commented on the news:
“We are glad … Read the rest
LDK Solar (LDK) Announces 13 MW Supply Agreement With ABB Group (ABB) Subsidiary
LDK Solar just announced that it has signed a supply agreement with ABB SpA, a subsidiary of ABB Group based in Italy. Per the contract, LDK will supply ABB with 13MW worth of its solar modules, with delivery slated for the 3rd quarter of this year. An expanded contract for larger volumes of modules to be delivered this year and next year is currently being negotiated.
===> Click Here For Your FREE LDK Solar Analysis… Read the rest
Converted Organics (COIN) Enters Vertical Farming Industry With TerraSphere Systems Purchase
Vertical farming is an increasingly popular way for urbanites to take advantage of smaller spaces and enjoy the benefits that their fertile land owning neighbors enjoy. The “eat locally, eat organic” revolution is the catalyst for the growth in organic, urban farming and those companies that sell vertical farming products could do extremely well in the decades to come. One such company is a company out of Massachusetts called TerraSphere Systems and Converted Organics (COIN) … Read the rest
Cree (CREE) Signs LED Patent Cross-License Agreement With Philips (PHG)
Cree Inc just announced that it has signed an LED patent cross-license agreement with Koninklijke Philips Electronics NV.
The agreement is worldwide and covers a range of LED technologies including blue LED chip technology, white LEDs and phosphors. It also covers associated technologies such as control systems, LED luminaires and lamps, and LED backlighting for LCD screens.
In a press release, Chuck Swoboda, Cree chairman and CEO, commented on the agreement:
“This agreement demonstrates … Read the rest
JA Solar (JASO) Acquires Shanghai Jinglong Solar
JA Solar (JASO) announced after the bell today that it has acquired 100% of the shares of Shanghai Jinglong Solar Technology from Ningling Jinglong PV Investment of which JA Solar’s Chairmen, Baofang Jin, owns a controlling interest. The total purchase price of $29.3 million includes more than 206K square meters of land and 58K square meters of facilities which JA Solar had been leasing. An outright purchase provides the company more flexibility to expand its … Read the rest
Clean Energy Fuels (CLNE) Acquires IMW
Clean Energy Fuels just announced that they have acquired IMW, a company that builds and maintains advanced natural gas fueling compressors and related equipment for station operators and commercial fleets. Clean Energy Fuels paid $125 million and a cash earn-out arrangement for the company. $75 million will be paid at closing, with $15 million of that amount being paid in cash and the rest in Clean Energy stock. Then, Clean Energy Fuels will pay out … Read the rest