SunPower and GE worked together on a project to provide a solar power system for HP’s printing technology research facility in San Diego, California. SunPower installed one of its SunPower(R) T10 Solar Roof Tile commercial roof systems at the HP building, which will reduce HP’s emission by more than 60 million pounds over the next 30 years. Instead of purchasing the system itself, HP is buying the energy from GE Energy Financial Services, which sells … Read the rest
Tag Archives: Solar Energy
Canadian Solar (CSIQ) Signs Contract With Systaic of Germany
Canadian Solar (CSIQ) announced a small deal with a leading German solar installer IIiotec a few days ago and this morning its announcing another deal with German systems integrator Systaic, a customer since the beginning of this year. CSIQ will supply Systaic with 60MW in solar modules to be delivered next year
CEO Shawn Qu: “The next-year order booking ratio we achieved in September is the highest in the Company’s history. This demonstrates the … Read the rest
Canadian Solar (CSIQ) Gets Another Contract With Leading German Installer IIiotec
Canadian Solar (CSIQ) announced a 28MW sales contract with German installer IIiotec with an option for an additional 20MW in 2009.
Chairman and CEO Shawn Qu remarked: “These two contracts mark the seventh and eighth annual 2009 sales contracts we have signed with our long-term and loyal European customers in the past month. These contracts typically feature fixed prices for the first six months. The demand and pricing for Canadian Solar’s products remains strong and … Read the rest
Hoku Solar (HOKU) Gets A DOT Contract In Hawaii
Hoku Solar, a subsidiary of Hoku Scientific (HOKU) announced a contract with the Hawaiian DOT to design, engineer and install 779 KW of photovoltaic power systems at airports in Lihue, Kahului, Kona and Hilo beginning later this year
“Hoku is proud to have been selected to partner with the Hawaii State Department of Transportation on this effort,” said Dustin Shindo, chairman and chief executive officer of Hoku Scientific. “Through this initiative and many others, the … Read the rest
Energy Conversion Devices (ENER) Accelerating Expansion
One day removed from its announcement that it has entered into a joint agreement with CertainTeed to develop roofing integrated photovoltaic products for the residential market, Energy Conversion Devices (ENER) is announcing an acceleration of its expansion plans at its first company sponsored investor day. The company is nearing a decision on site selection for a new 120 MW solar cell manufacturing plant and announced it would increase capacity to 420 MW in 2010, 720 … Read the rest
Canadian Solar (CSIQ) Reiterates Guidance & Announces Plant Progress
Canadian Solar (CSIQ) is reiterating its top-line revenue and gross margin guidance for 2008 of $850-$970 million and 13%-15%, respectively. For 2009 the company is reiterating their shipment and gross margins guidance of 500 – 550 MW and 13 – 15% respectively.
Guidance comes as the company reports good progress of its ingot and wafer plant with Phase I completed and Phase II expected to be completed by year end, ahead of schedule. CSIQ also … Read the rest
Renewable Energy Tax Credits Get Another Life In Bailout Bill
Last night, the Senate included the tax credits for renewable energies to the bailout bill, which is expected to be voted on by the Senate tonight and should pass easily. The key is the House vote later on the week. It’s a bold move to include the renewable energy tax credits to a bill that is already standing on shaky legs but this most likely allows the tax credit extension to sneak on through … Read the rest
Hoku Materials (HOKU) Secures Power for Polysilicon Production
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
LDK Solar (LDK) Files Shelf Registration & Proposed Follow on Public Offering
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
Piper Jaffray: Proposed 500MW Spain Cap A Positive For the Solars
The StreetInsider.com is out with comments from Piper Jaffray analyst Jesse Pichel on the Spain solar cap situation saying that the proposed 500 MW cap for 09 is a positive for the group. “While we expect final outcome by early October, we believe Spain will not be as weak as expected in ’09, and that this proposal should help improve investor sentiment around Spain.”
Apparently, Pichel can confirm that the Spain Energy Ministry has sent … Read the rest