Tag Archives: contracts

Trina Solar (TSL) And GA Solar Sign Sales Contract

Trina Solar just announced a new sales agreement with GA Solar.  Under the terms of the one-year contract, Trina Solar will provide 20 to 36 MW of PV modules to GA Solar throughout 2009. The modules will be sold at the prices specified in the agreement.

Mr. Arturo Herrero, Trina Solar’s Sales and Marketing VP, commented on the deal:

"We are excited to have entered into this sales agreement which affirms our successful long-term supply

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Suntech (STP) Signs Supply Deal With Standard Solar

Suntech Power Holdings Co., Ltd has signed a 1 year, 5 MW supply deal with Standard Solar, Inc. Under the agreement, Suntech will supply 5 MW of solar panels to Standard Solar this year. The companies have not disclosed the amount of money involved, nor what product Standard Solar will use these solar panels for.

Scott Wiater, Standard Solar’s VP of Procurement, commented on the deal:

"Partnering with Suntech, a top-tier manufacturer offering a broad

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Cree (CREE) Signs Supply Contract With LG

Cree just announced a new supply contract with LG Display. Under the partnership agreement, Cree will supply LG with LED chips for flat-screen LCD devices. LG plans to expand the percentage of panels it produces that use LED-backlighting to approximately 50% of its total notebook LCD output.

Here’s more about the deal from LED Magazine:

Reuters quoted LG Display as saying, "Under the agreement, LG Display secures a stable supply of LED chips, a key … Read the rest

Comverge (COMV) Announces 5-Year Deal With Progress Energy

Comverge just announced a 5 year contract to provide demand response hardware and software to Progress Energy. Progress Energy will use Comverge’s products in its EnergyWise energy efficiency program. This is projected to save 170 MW of energy for Progress Energy during its peak energy use periods. Comverge will install in-home energy displays, smart thermostats and digital controls to homes in the program to help reduce energy consumption.

However, Greentech Media also notes that Comverge … Read the rest

American Superconductor Corporation (AMSC) Receives Multi-Million Dollar Order From China’s CSR-ZELRI

American Superconductor Corporation just announced that is received a large order from China’s CSR Zhuzhou Electric Locomotive Research Institute Co., Ltd. The multi-million dollar order is for 100 sets of AMSC’s wind turbine core electrical components such as the PowerModule(TM) PM3000W. The components, which should be shipped out by the end of this year, will be used in 1.65 MW wind turbines designed by AMS  Windtec.

Greg Yurek, AMSC’s CEO, commented on the order in … Read the rest

Xcel (XEL) Selects NextEra Energy Resources (FPL) For Wind Farm

Xcel Energy has chosen NextEra Energy Resources to build its planned Northern Colorado Wind Facility. If the 152 MW project is approved by Colorado regulators, it’s scheduled to be producing power by the end of this year. 

From the Denver Business Journal,

here are more details about the contract:

The 25-year contract between Xcel and NextEra calls for Xcel paying $50 per megawatt hour of energy produced during the farm’s first year of operation —

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ReneSola (SOL) And BP Solar Sign Supply Deal

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:

”This contract demonstrates our continuing efforts to strengthen ties with existing global customers and expand our international business beyond Asia.”–PV Tech

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First Solar (FSLR) Strikes Deal To Supply Energy To Masdar City

First Solar has been chosen to supply Masdar Abu Dhabi Future Energy Co. with solar modules to help power Masdar City. First Solar will supply 5 megawatts worth of solar modules, which will be integrated into the Middle East’s largest grid-connected PV system.

According to Forbes.com:

The system will provide energy for Masdar City, which strives to be the world’s first carbon-neutral, zero waste, car-free city powered entirely by renewable energy sources. Construction has begun,

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FPL Energy Services (FPL) Wins Federal Contracts

FPL Energy Services, a subsidiary of FPL Energy Group, announced yesterday that it just won a $5 billion contract with the federal government. FPL Energy Services will help the government meet goals related to conserving water, reducing energy use, and switching to renewable energy.

The Sun-Sentinel.com has more details about the contract:

FPL Energy Services will design and construct tools to help the government meet its goals and verify the energy savings annually. It’s one

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New Hybrid Battery Contract For Johnson Controls-Saft (JCI) Joint Venture

Johnson Controls-Saft has a new 5 year supply agreement with Azure Dynamics, Inc. Under the contract, Johnson Controls-Saft will supply Azure Dynamics with 20,000 lithium-ion batteries to power hybrid delivery trucks and other commercial vehicles. The battery cells will be produced at Saft’s plant in France and then shipped to the US, where Johnson Controls will assemble them into a hybrid battery. The first of these batteries should be on the road in 2010.

TradingMarkets.comRead the rest