Sunpower (SPWR) announced this morning the installation at Toyota (TM), which is currently the largest North American rooftop installation. Not to be outdone, Trina Solar (TSL) has announced that it take part in what will be the largest solar rooftop installation and has begun shipping 13400 solar PV modules (2.4MW) to power the Atlantic City Convention Center (enough to power 280 homes) and will save the company 4.4 million over 20 years.
Tom Hunton, President … Read the rest
Toyota Motor (TM) and Sunpower (SPWR) have announced the completion of the largest single room solar power installation (2.3MW) in North America at Toyota’s North America Parts Center in Ontario, California.
The installation is expected to provide 60% of the total electricity needs for the 760K sq foot building and includes 10417 T10 Solar Roof Tiles, the most efficient in the industry. The company expects to avoid 6.4 million pounds of carbon dioxide emissions every … Read the rest
News is out that the Senate has extended $18 billion in tax credits for renewable energy sources but it sill needs to be approved by the House which is expected. The energy tax credits are part of a much larger bill, but here is the energy portion:
* Extends for one or two years and expands production tax credits for wind, refined coal, biomass and marine renewables. $5.8 billion.
* Extends through 2016 the investment … Read the rest
LDK Solar announced today that it has logged 6 million work hours on the construction of its 15,000 ton/year PV polysilicon plant without any worker injuries, under the supervision of the company’s EPCM contractor, Fluor. Completing 6 million safe work hours is a major milestone in the plants construction. Nick Sarno, LDK’s Senior NP of Manufacturing/Project Manager, released the following statement:
… Read the rest"We are very excited to have logged six million safe work hours. We believe
Applied Materials announced on Friday that it has completed a 2.1 MW solar power installation over its corporate headquarters, the largest corporate solar power installation in the country. To create the installation, Applied Materials used technology from SunPower- a 950-kilowatt SunPower PowerGuard installation and a 1.2-megawatt SunPower Tracker setup, which are manufactured using technology from Applied Materials. These solar panels form canopy over the Applied Materials parking lot, generating power and shading employees cars. Parking … Read the rest
Ascent Solar announced today that the Board of Directors and Matthew Foster, the current President/CEO of the company, have come to a joint decision that a change in leadership would benefit the company. MR Foster resigned as of September 19. The company’s Chairman and Chief Strategy Officer, Dr. Mohan Misra, will serve as interim president and CEO until a replacement is found, and Mr. Foster will continue working with Ascent as a consultant dealing with … Read the rest
Hoku Materials, a subsidiary of Hoku Scientific (HOKU) announced the signing of an electric service agreement with Idaho Power Co. for the purchase of electricity to power Hoku’s planned polysilicon production capacity of about 4000 metric tons/year.
“We are pleased to have finalized these agreements,” said Dustin Shindo, chairman and chief executive officer of Hoku Scientific. “The cost of electricity is the largest single component of polysilicon production costs for a Siemens-based process such … Read the rest
In a week of financial turmoil, at least one company has managed to do well. LDK Solar’s follow-on offering raised $200.4 million by the end of the day Friday. In fact, demand for LDK’s shares was so strong that the company had to upsize the offering to meet it, from 3.8 shares to 4.8 million. However, their share price has dropped somewhat, falling 5.3% to $41.44 on Friday. FinanceAsia.com suggests that this may be a … Read the rest
LDK Solar (LDK) announced today it has filed a shelf registration statement on Form F-3 with the SEC providing for the offering on a delayed or continuous basis of equity and debt securities. In addition the company has filed a preliminary prospectus supplement wit the SEC for a proposed follow on public offering of ADS shares. The offering size is expected to be $150 million and 60% of the proceeds are going to be used … Read the rest
GT Solar International, Inc, announced yesterday that it has added Matthew Massengill to its Board of Directors. Mr. Massengill’s previous executive experience includes being the chairman, CEO and president of Western Digital Corporation. He was with Western Digital for 20 years, during which time the company became one of the most efficient in the hard drive industry and maintained a consistent record of growth while continuing to make a profit.
J. Bradford Forth, GT Solar’s … Read the rest