Air Products just announced a new turnkey gas supply contract with Gadir Solar. Under the agreement, Air Products will supply Gadir with liquid specialty gases used in manufacturing thin-film solar products for its new facility in Puerto Real, Cadiz, Spain. Air Products will also provide Gadir with equipment for handling the gases and related support.
From the company’s press release, here are more details about the contract and a quote from one of Air … Read the rest
Trina Solar issued a statement describing the companies operational highlights for the 4th quarter of 2008. The company managed to meet its solar module shipment target, shipping between 55 and 60 MW. Also, it was able to reduce the non-silicon-related costs of manufacturing its solar modules by approximately .13 per watt.
Here’s what Trina Solar’s Chairman and CEO, Mr. Jifan Gao, had to say about his company’s 4th quarter operational highlights:
… Read the rest"Despite lower module selling
Yingli Green Energy Holding Co Ltd announced that Yingli Energy (China) Co. Ltd, a wholly owned subsidiary, has signed an agreement for a three year loan facility with ADM Capital. The agreement will provide Yingli Green Energy with more capital to fuel its business growth.
RTT News has addition details on the terms of the loan:
… Read the restADM Capital has agreed to provide a three-year loan facility of up to US$80.0 million to Yingli China for
Suntech Power (STP) is out this morning releasing preliminary financial results for the 4th quarter in which it expects revenues to exceed previous guidance of 345 – 360 million and come in at 405- 420 million.
As of December 31, 2008, Suntech’s cash and cash equivalents balance was approximately $508 million, which is approximately $113 million higher than the cash and cash equivalents balance at the end of the third quarter of 2008. Cash and … Read the rest
I know, I know. .another top 10 list. But this one’s a bit different. It’s called a Top 10 list but I’m only including 5 (how’s that for daring and different eh?) of the top green energy stocks based purely on technicals because I can’t find 10 with great technicals! I’ll include another 5 if this market gets going again.
Drum roll please…
Coming it at the top spot is a stock I’ve been highlighting … Read the rest
AltEnergyStocks has posted some highlights of the Obama inauguration speech focused on renewable energies and infrastructure:
“each day brings further evidence that the ways we use energy strengthen our adversaries and threaten our planet.”
“We will build the roads and bridges, the electric grids and digital lines that feed our commerce and bind us together.” (Emphasis ours)
“We will harness the sun and the winds and the soil to fuel our cars and run our … Read the rest
MEMC Electronics (WFR) beat Wall St estimates after the bell today, but the good news ends right there. The company posted non GAAP profits of .65/share, which beat estimates of .61 but represented the first quarter of negative growth (-12%) over the year ago quarter in a couple years. Revenues came in about 17 million ahead of estimates but were also significantly lower than the year ago quarter.. 21% lower. However, it was at the … Read the rest
Suntech Power Holdings Co., Ltd is joining First Solar to help construct a solar power plant for the Middle East’s first sustainable city, Masdar City. The city, which is under construction in the United Arab Emirates, will be carbon neutral and generate no waste. The total size of the farm will be 10 MW, with Suntech and First Solar each contributing 5 MW.
Dr. Zhengrong Shi, Suntech’s chairman and CEO, commented on the project:
… Read the rest“Masdar
ReneSola and BP Solar have signed a supply agreement with each other. Under the contract, ReneSola will provide 120 MW of monocrystalline and multicrystalline solar wafers in 2009. BP will then provide ReneSola with 700 metric tons of polysilicon.
ReneSola’s CEO, Mr. Xianshou Li, commented on the significance of the deal:
… Read the rest”This contract demonstrates our continuing efforts to strengthen ties with existing global customers and expand our international business beyond Asia.”–PV Tech
LDK Solar held an opening ceremony for Phase I of its 16,000-ton polysilicon project. Construction began on the project in Xinyu City, China in February of last year. The project will eventually produce 16,000 tons of polysilison per year, which will be used to make solar wafers. This will help decrease LDK’s production cost while ensuring a reliable supply. Trading Markets has more details about the project:
… Read the restThe project that broke earth in February 2008