Solarfun (SOLF) is out with a 3rd quarter update and sees Q3 module shipments exceeding 100MW, with sales of RMB918-RMB984 million. Gross margin will be about 17% for the quarter.
Peter Xie, President of Solarfun, commented, “The third quarter of 2009 is progressing well. Our order patterns are strong as we are seeing an improvement in end market demand. Our efforts to realign supply costs to reflect current market pricing combined with our increase in … Read the rest
Applied Materials just announced the release of a new multiple screen printing technology called BacciniEsatto. The new technology works with Applied Materials’ Baccini back-end solar cell processing systems to allow the production of more efficient solar cells. The increases efficiency can be as much as .5% and are achieved by “enabling the fabrication of advanced contact structures,” according to this press release.
In the press release, Davide Spotti, vice president and general manager of Applied`s … Read the rest
First Solar (FSLR) has added another 27MW to its existing contract with Juwi Solar for two US projects. They will supply 15MW for a project for the Jacksonville Electric Authority and another 12MW for American Electric Power in Ohio. Construction on these projects is expected to begin later this year and be completed by the end of 2010
“We are very encouraged that First Solar is supplying its proven and financeable modules for these initial … Read the rest
JA Solar just announced that it is working with Innovalight, Inc. to develop new, next-generation solar products that use silicon ink technology to achieve better performance and conversion efficiency. Innovalight, the originators of the technology, recently achieved a record of 18 percent conversion efficiency in tests with these products. JA Solar plans to introduce solar panels using this technology to the commercial market by 2010.
In a press release, leaders from both companies commented … Read the rest
Canadian Solar and Energy Research Center of the Netherlands just announced a new technology agreement today that gives Canadian Solar access to the Energy Research Center’s metal wrap-through (“MWT”) cells. Under the joint technology development and transfer agreement, Canadian Solar will be able to apply this technology to its production lines.
This technology will provide Canadian Solar with a few key advantages. First, metal wrap-through cells increase solar cells’ effective surface and the conversion efficiency. … Read the rest
By Chris Nelder of GreenChipStocks.com
Click Here For More Free Cleantech Investing Ideas!
There was a very exciting announcement in the world of energy this week, and I’ve been taking a hard look at it.
No, it wasn’t the Tiber field find by BP. Although peak oil deniers seized on the discovery as validation of their argument that technology will continue to make vast new reserves of oil accessible and solve the peak oil … Read the rest
A few months ago Soleil Securities downgraded FSLR from Buy to Hold but increased the price target a bit to $170. The firm just got a lot more bearish on the stock and is downgrading it again from Hold to Sell and slashing the price target from $170 to $96.
Hat tip to StreetInsider.com for the following analyst comment:
We believe the environment in which First Solar massively beats expectations each (and every) quarter has … Read the rest
Evergreen Solar just announced that it has launched a new line of solar panels aimed at customers who want to go off the grid. The ES-C Series consists of a line of 80, 120 and 125 MW solar panels are designed to provide a higher voltage to allow for direct 12, 24 or 48V battery charging. They are also built to last, even under very harsh conditions.
In a press release, Dr. Terry Bailey, Senior … Read the rest
Yesterday, Canadian Solar (CSIQ) announced an expansion of the original MOU signed with LG CNS of South Korea last April. The add on MOU potentially adds another 10MW of solar projects in South Korea for next year. The country is putting the pieces in place to expand its renewable energy initiative with a Feed in Tariff and portfolio standard program. FIT programs set renewable energy prices at above market rates while portfolio standard programs require … Read the rest
LDK Solar just announced that they have finished the first production run of the 5,000 metric ton (MT) train in their Xinyu, China plant. They have also begun ramping up production at the plant, which has a yearly capacity of 15,000 metric tons.
In a press release, Nick Sarno, Senior VP of Manufacturing and Polysilicon Plant Project Manager, commented on the achievement:
“We are pleased to successfully complete of our first production run and begin … Read the rest