American Superconductor Corporation has just announced the signing of a multi-year agreement with Sinovel worth $445 million. Per the new 30-month contract, AMSC will begin shipping core turbine electrical components early next year, when the company’s current contract with Sinovel expires.
According to this press release, A-Power just announced that its wholly-owned subsidiary, EVATECH, has been awarded a $1.7 million contract by an unnamed a Chinese leading renewable energy company. Under the terms of the agreement, EVATECH will design, build and install one set of photovoltaic solar machines, which it is expected to ship on May 31, 2010. The Chinese company has already made a downpayment.
After 18 months of demonstration and testing, it’s official: Altairnano just snagged a contract with Proterra, a company that makes EV and electric buses, worth $898,400. Under the agreement, Altairnano will supply Proterra with its advanced batteries, each of which contain Altairnano’s 1P10S module configuration. In fuel economy equivalency tests at the University of Pennsylvania, electric buses using these batteries were able to obtain 20 miles per gallon- a 400 percent improvement over buses that … Read the rest
Suntech just announced that they have signed a supply contract with Recurrent Energy. Under the contract, Suntech will supply Recurrent with more than 25,000 modules. Recurrent will use these to construct a 5 MW solar installation on top of San Franscisco’s Sunset Reservoir. Suntech will deliver all of the modules in the 4th quarter of this year. This is California’s largest solar project thus far, and will more than triple San Francisco’s current solar energy … Read the rest
Uranerz just announced that it has signed a uranium supply contract with Exelon Generation Company, LLC. The contract covers a 5-year period includes defined pricing each year. In the announcing the deal, no other details about the agreement were forthcoming. If you have more information about the terms, feel free to leave a comment!
However, Uranerz investors will probably be happy to know that the company continues to look for other uranium sales agreements to … Read the rest
Hoku just announced an amendment to its polysilicon agreement with Tianwei New Energy Wafer Co Ltd. The amendment relieves Hoku of its upcoming shipping obligations in exchange for an 8 percent reduction in the price of the polysilicon.
Instead of paying Hoku $511 million over the 10-year contract period, Tianwei will only pay $468 million. In addition, Hoku will receive a $5 million payment upfront. Hoku is having some trouble getting financing to finish its … Read the rest
Aerovironment just announced that it has received a phase II contract extension from DARPA for its nano air vehicle development program. For the program, Aerovironment has developed an air vehicle with two flapping wings that carries its own energy, and successfully tested the vehicle in December of last year. The contract extension, which provides an additional $2.1 million and runs through 2010, will enable further development of this concept.
Yingli Green Energy just announced that it has signed a sales agreement with China Mobile’s Shanxi subsidiary. China Mobile is building a video monitoring system in Shanxi to help catch forest fires, and Yingli will provide them with off-grid PV modules to help power the system. Under the contract, Yingli will provide a total of 269 units, which will provide .49 MW of power.
At the same time, Yingli announced that it has been chosen … Read the rest
EMCORE Corporation has just announced that it has a contract with NASA to produce solar panels for NASA’s Global Precipitation Measurement spacecraft. The spacecraft will study precipitation (rain, snow and ice) around the world, and is scheduled to launch in 2013. According to , the stock is going up in price as a result of the $5 million contract, which is to managed by MEI Technologies, Inc. Shares are already up by 30% this morning.… Read the rest
First Solar and Lend Lease just announced that they have signed a new supply agreement. Under the contract, first Solar will supply Lend Lease with 10 MW worth of solar panels, starting right away. Lend Lease will use these panels in the construction of homes in Australia.
In a press release, executives from both companies commented on the deal:
“We are pleased to be working with First Solar, one of the leading solar companies, … Read the rest
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