MEMC Electronic Materials and Conergy, the German solar company that is MEMC’s second-largest customer, appear to have reached an impasse as they attempt to renegotiate a supply contract. Conergy has been attempting to renegotiate the contract due to the economic crisis and the way silicon prices have dropped over the past year.
According to a report on Barron’s, the situation between the two companies has gotten somewhat unpleasant, with Conergy casting doubt on the validity … Read the rest
Yingli Green Energy announced that a Chinese subsidiary, Tianwei Yingli, came out on top in bidding contest to supply photovoltaic products to China’s biggest cell phone company, China Mobile Communications Corp. Tianwei Yingli will supply the cell phone company with 1.5 MW worth of PV modules, over 31% of China Mobile Communications Corp’s latest PV purchases. Yingli expects a supply contract with China Mobile Communications Corp to result from the deal, with the details to … Read the rest
Green Alternative Energy Stocks – Solar, Wind, LED Lighting,Smart Grid, Electric/Hybrid Cars, Wave Energy, Green Building, Biofuels & Geothermal