FREMONT, Calif.--(BUSINESS WIRE)--Satcon (NASDAQ CM: SATC), a leading provider of utility and commercial scale distributed power solutions for the renewable energy market, and Solyndra, a manufacturer of proprietary photovoltaic (PV) systems designed to optimize solar electricity production on commercial rooftops, announced today a strategic partnership to develop and deliver optimized system solutions for commercial rooftop solar power production. As part of the agreement, Satcon and Solyndra will both market Solyndra’s commercial solar PV systems with Satcon’s commercial solar PV inverters as well as collaborate on new technologies that will further optimize design, implementation and return on investment of large commercial and industrial solar PV power plants.
This partnership between two of the leading innovators in commercial grade solar PV lays the groundwork for long term cooperation on solutions that will revolutionize commercial solar power for years to come. By marketing Solyndra\'s highly efficient solar panels and Satcon\'s commercial ready suite of high efficiency solar inverter solutions, including Satcon\'s PowerGate Plus, S-Type inverters, or the groundbreaking Solstice power conversion platform which dramatically increase power conversion from roof and ground mount solar PV plants, Solyndra and Satcon will leverage off the unique contributions that each has made to the solar PV market.
Solyndra solutions enable customers to maximize rooftop solar energy generation through a combination of their unique 360-degree photovoltaic surface and through design flexibility that allows high rooftop coverage. Matching this with Satcon’s feature-rich solutions for power conversion assures maximum power production in virtually any rooftop environment. In addition, Satcon offers the industry’s widest range of large scale inverter power ratings, allowing each solar installation to be tailor fitted to the optimal inverter size for increased system efficiency and performance.
“Our partnership with Satcon allows us to align our respective technologies and give our customers the maximum performance benefit from their systems,” said Dr. Chris Gronet, CEO of Solyndra. “The combination of Satcon’s innovative power platforms, long history in commercial solar, and their wide range of commercial inverter power ratings, make them the obvious partner to collaborate with when creating highly optimized, flexible total system solutions.”
“Solyndra is the leading innovator in the commercial rooftop solar energy market,” said Steve Rhoades, President and Chief Executive Officer of Satcon Technology Corporation. “We are excited to partner with them to deliver a highly optimized solution for commercial rooftops and to drive the next level of innovation for the PV market. “
Thursday, April 30, 2009
First Solar Initiates Succession Process to Recruit Next CEO
TEMPE, Ariz.--(BUSINESS WIRE)--First Solar, Inc. (Nasdaq: FSLR) announced today that it has initiated a process to recruit its next chief executive officer to succeed Michael Ahearn. Upon selection of a new chief executive officer, Ahearn will continue to serve in the full-time position of executive chairman. In this role Ahearn will focus his efforts at First Solar on the development of public policies needed for the global transition to low-carbon energy infrastructures.
“We are rapidly reaching the point where the evolution of the energy industry will be constrained not by technology or product costs, but rather by policies, programs and institutions that cannot adapt rapidly to the innovations that are occurring in clean energy,” said Ahearn. “Given First Solar’s leadership position in the industry, I believe we are in a unique position to make a valuable contribution to those policy discussions. This will require virtually full-time focus from the very top of the organization. As a major shareholder and founder of the Company, I remain committed to its success.”
The Company has initiated an external search for a new chief executive officer, led by a committee of the Board of Directors. The Board intends to run a thorough and deliberate process designed to identify and recruit a candidate consistent with specific criteria developed with the existing management team and required to lead the Company in executing its long-term strategic plan.
“We are rapidly reaching the point where the evolution of the energy industry will be constrained not by technology or product costs, but rather by policies, programs and institutions that cannot adapt rapidly to the innovations that are occurring in clean energy,” said Ahearn. “Given First Solar’s leadership position in the industry, I believe we are in a unique position to make a valuable contribution to those policy discussions. This will require virtually full-time focus from the very top of the organization. As a major shareholder and founder of the Company, I remain committed to its success.”
The Company has initiated an external search for a new chief executive officer, led by a committee of the Board of Directors. The Board intends to run a thorough and deliberate process designed to identify and recruit a candidate consistent with specific criteria developed with the existing management team and required to lead the Company in executing its long-term strategic plan.
First Solar, Inc. Announces 2009 First Quarter Financial Results
TEMPE, Ariz.--(BUSINESS WIRE)--First Solar, Inc. (Nasdaq: FSLR) today announced its financial results for the first quarter ended March 28, 2009. Quarterly revenues were $418.2 million, down from $433.7 million in the fourth quarter of fiscal 2008 and up from $196.9 million in the first quarter of fiscal 2008.
Net income for the first quarter of fiscal 2009 was $164.6 million or $1.99 per share on a fully diluted basis, up from $132.8 million or $1.61 per share on a fully diluted basis for the fourth quarter of fiscal 2008 and up from $46.6 million or $0.57 per share on a fully diluted basis for the first quarter of fiscal 2008.
First Solar will discuss these results and expected results for fiscal 2009 in a conference call scheduled for today at 1:30 p.m. MST (4:30 p.m. EDT). Investors may access a live audio webcast of this conference call in the Investors section of the Company’s Web site at http://www.firstsolar.com. An audio replay of the conference call will also be available approximately two hours after the conclusion of the call. The audio replay will remain available until Friday, May 1, 2009 at 11:59 p.m. EDT and can be accessed by dialing 888-286-8010 if you are calling from within the United States or 617-801-6888 if you are calling from outside the United States and entering access code 93319217. A replay of the webcast will be available on the Investor section on the Company’s Web site approximately two hours after the conclusion of the call and will remain available for 90 calendar days.
Net income for the first quarter of fiscal 2009 was $164.6 million or $1.99 per share on a fully diluted basis, up from $132.8 million or $1.61 per share on a fully diluted basis for the fourth quarter of fiscal 2008 and up from $46.6 million or $0.57 per share on a fully diluted basis for the first quarter of fiscal 2008.
First Solar will discuss these results and expected results for fiscal 2009 in a conference call scheduled for today at 1:30 p.m. MST (4:30 p.m. EDT). Investors may access a live audio webcast of this conference call in the Investors section of the Company’s Web site at http://www.firstsolar.com. An audio replay of the conference call will also be available approximately two hours after the conclusion of the call. The audio replay will remain available until Friday, May 1, 2009 at 11:59 p.m. EDT and can be accessed by dialing 888-286-8010 if you are calling from within the United States or 617-801-6888 if you are calling from outside the United States and entering access code 93319217. A replay of the webcast will be available on the Investor section on the Company’s Web site approximately two hours after the conclusion of the call and will remain available for 90 calendar days.
Wednesday, April 29, 2009
The Future of Solar Technology in Buildings: Fast and Strong Growth When Recession Is Over
On this subject Frost & Sullivan will host a complimentary analyst briefing which will take place on Thursday, 14 May, at
The European market for solar thermal systems was estimated to be worth
"Over the past 4 years the market has undergone considerable changes," comments
Considering the emphasis on renewable energies and the apparent potential for the solar thermal industry, new entrants from neighboring industries have started to incorporate solar thermal systems in their expansion plans. For example an increasing number of HVAC manufacturers are entering the market, and offering solar thermal systems along with conventional hot water systems.
Meanwhile, the European Building Integrated Photovoltaics (BIPV) market in 2008, with an estimated installed capacity of 37.24 MW and revenues of
"The main challenge that BIPV manufacturers face is that of making BIPV an integrated part of the decision process for new constructions and renovation," observes
This briefing will benefit manufacturers and installers of BIPV and STS products and all stakeholders in the development of the solar and Microrenewables industry. As it will address the key challenges and future opportunities in the solar micro renewable market in
To have access to our complimentary web briefing, please email
SolarMagic Receives Worldwide Compliance Certifications
TUV Rheinland of
MET Laboratories Inc. performed the environmental compliance testing and certified SolarMagic to meet the requirements for IEC 60529 (IP68, the highest possible ingress protection) and NEMA250-2003 Type 6 enclosure. This ensures the product's electronics are well protected against elements including dirt, water and ice.
"TUV Rheinland has been on the forefront of independent Green Energy devices testing for decades. National Semiconductor has met the strict requirements of the TUV Rheinland's test regiment, and we are delighted to assign our seal of approval to the SolarMagic power optimizer," said
"Customers are looking to National Semiconductor for a system that can ensure both safety and system reliability. Achieving this set of stringent worldwide certifications is the culmination of months of rigorous testing and inspection," said Ralf Muenster, director of National's Renewable Energy Segment.
Using distributed electronics throughout a solar installation, SolarMagic recoups up to 57 percent of energy lost due to real-world conditions. SolarMagic power optimizers will be available to customers in
International Conference on Solar Energy Features Leading Experts and World's Top Solar Companies
- Conference in
- Forecast for Solar Industry in Coming Years Revealed, Rare Opportunity for High-Level Networking
Solarplaza, a leading consultancy on the global solar industry, is pleased to announce "The Solar Future" Conference to be held in
Solar energy, at the cusp of a historic turning point, is headed toward grid parity in the coming years. And, as demand surges worldwide, major industry leaders are preparing for unprecedented implementation in solar technologies across the globe. "Most people think that solar energy is something for the future, when prices have come down and cell efficiencies have further improved," says
In 2008, demand for solar energy exploded more than 100 percent. While present economic conditions has challenged the global marketplace, solar stands to win, reaching grid parity at a faster pace. Revenues in the solar industry is expected to top
More information, visit http://www.thesolarfuture.com.
Catalyx and Ramona Tribe Start Work on 100% Off-Grid Renewable Energy Eco Tourism Resort
The resort, funded jointly by the Ramona Band, the Department of Energy, the US Department of Agriculture and multiple other Federal agencies, is being built in the Anza Valley on the Ramona Indian Reservation in
"We want to create a truly natural retreat which mirrors our ancestral heritage of living in harmony with Mother Earth," said
The completed project is expected to produce 1 megawatt-Hr (1000 KW-hrs) per day of renewable energy, with propane as a back up energy source until the project is complete.
Ramona Band Vice Chairman
He added, "Once we were able to secure funding from the numerous federal agencies involved, the next major challenge was identifying and overseeing multiple renewable energy technology vendors who could work together to cover the many needs of the resort. We believe that Catalyx's breadth of in-house renewable energy technologies and strategic partnerships with other alternative energy companies provide the complete green technology integration mix to meet our needs."
Ramona Chairman
For its part, Catalyx, Inc. will provide multiple renewable energy and water treatment technologies from its own portfolio and will contract with third parties for additional technologies to be used at the resort and throughout the reservation.
"Since 2002, Catalyx, Inc. has been developing technologies focused on reducing the cost of renewable energy and water treatment. This year, through our various spinoffs, we are rolling out several of these new products," says Juzer Jangbarwala, CEO. "The Ramona Band's Eco-Tourism Resort, with its hybrid energy system and other environmentally friendly components, will demonstrate the multiple facets of what is required to be truly 'green,' sustainable and, once integrated properly, how affordable being 'green' really is."
Mr. Jangbarwala noted, "While this effort is being put forth for the Ramona Band's Eco-Tourism Resort, our vision is to leverage the work we are doing with the Ramona Band to deploy this concept for setting up sustainable villages in developing countries worldwide. It would be far cheaper for governments to have off-grid villages than to invest in infrastructure for bringing environmentally harmful fossil fuels to the sites. We also hope to convince school districts domestically and abroad to emulate our model and install such model resorts worldwide. These 'green' model resorts can be used as a fun retreat for school students, and at the same time, get the next generation of decision makers acclimated with alternative energy and recycling concepts."
The Ramona Band resort is scheduled to have its first stage operational by August of 2009, consisting of five of the 38 planned cabins. Pending successful completion of the first stage, The Ramona Band anticipates receiving funding for the remainder of the project.
Some of the "green" technologies and sustainable practices that are proposed to be integrated into the Ramona Band's Eco-Tourism Resort include:
Water Treatment: Catalyx will provide a solar powered water treatment plant to supply potable water to the cabins. A solar powered submersible pump will pump groundwater to the treatment system.
Wastewater Treatment: Catalyx is providing a windmill-powered wastewater treatment plant. It will contract with Bio-Shaft Water Technology Inc. for a unique wastewater treatment plant that doesn't produce any sludge and recycles the water for irrigation. This standalone plant can be installed anywhere and bring much needed sanitation to rural areas economically.
Solar Electric Generation and Storage: In the project's first phase, 13 KWp of photovoltaic panels will provide power to the cabins. The photovoltaic panels will have associated battery banks and inverters that use Catalyx' power storage technologies, to provide 110V power, if needed.
Wind Energy: Catalyx will provide multiple 10-15 KW windmills suitable for high wind areas. The windmills will generate electricity for immediate use and charge battery banks.
Standby Bio Diesel Generator: There will be a 25KW backup diesel generator, fueled with bio diesel produced on site by the Ramona Band.
Hydrogen Generation/Fuel Cells: Catalyx spinoff Energix Research, Inc., will provide several integrated hydrogen generator/fuel cell devices. Energix will produce hydrogen from ethanol or methanol derived from the energy crop using its patent-pending technology. The hydrogen will power the fuel cell micro power plants with 5KW capacity of continuous power at 52% efficiency (compared to 21-24 % with standard diesel generators).
Thermal Solar: In the final phase, Catalyx will provide thermal solar powered small-scale absorption chillers for air conditioning and refrigeration as well as provide hot water for the cabins, pool and restaurant. The waste heat will be utilized for comfort heating in the cabins, restaurant and meeting rooms.
Electric Vehicles: For on-site transportation, Catalyx will provide 100% plug-in electric ATVs that use low cost brushless DC motors with regenerative brakes. Catalyx developed the technology in collaboration with ICPE,
LED Lighting: The resort will be designed using optimum lighting with LED lamps, street, area and flood lamps that consume only a fraction of the electricity of comparable energy-wise lamps.
Sunrise Consulting Group, Inc. Targets U.S. Solar Energy Markets
NEWPORT BEACH, CA--(Marketwire - April 29, 2009) - Sunrise Consulting Group, Inc. (PINKSHEETS: SNRS) announced today that Sunrise intends to shift a sizeable portion of its focus to the U.S. solar energy market, in order to take advantage of the upcoming policy shifts recently announced by U.S. President Barack Obama. Sunrise has an agreement to acquire up to 60% of Sunrise Solartech Co. Ltd., one of China\'s largest manufacturers of Photovoltaics (solar PV) products.
Until recently, Sunrise has focused its marketing efforts outside of the U.S., particularly in the European markets where the industry receives generous financial government incentives. Now that the U.S. government has decided to follow suit, Sunrise is moving to position itself more forcefully in the domestic markets as well.
Solar PV is the field of technology and research related to the application of solar cells for energy by converting sunlight directly into electricity. Due to the growing demand for clean sources of energy, solar PV production has been doubling every two years, making it the world\'s fastest-growing energy technology.
Until recently, Sunrise has focused its marketing efforts outside of the U.S., particularly in the European markets where the industry receives generous financial government incentives. Now that the U.S. government has decided to follow suit, Sunrise is moving to position itself more forcefully in the domestic markets as well.
Solar PV is the field of technology and research related to the application of solar cells for energy by converting sunlight directly into electricity. Due to the growing demand for clean sources of energy, solar PV production has been doubling every two years, making it the world\'s fastest-growing energy technology.
Eric Mao-Teng Hsu Joins GT Solar as Country Manager in Taiwan
MERRIMACK, N.H.--(BUSINESS WIRE)--GT Solar International, Inc. (NASDAQ: SOLR), a global provider of specialized equipment and technology for the solar power industry, today announced that Eric Mao-Teng Hsu has joined the company in the newly-created position of country manager - Taiwan. In this role, Hsu will be responsible for establishing a direct office in Taiwan, and for leading the company’s efforts in the growing Taiwanese market.
Hsu brings to GT Solar nearly 15 years of sales, service, and management experience. Most recently, he served as an account manager for Varian Semiconductor Equipment Associates. Previously, he was the service operation director/Asia service deputy director for Brooks Automation, Inc. Hsu has also held positions of increasing responsibility at other companies, including AMPI Inc., INTRACO Asia Taiwan, and KLA-Tencor Corporation. He earned a Bachelor of Computer Science degree from International Technological University in Sunnyvale, Calif.
“Eric is a seasoned professional with a significant amount of practical and leadership experience,” said Jeff Ford, GT Solar’s vice president and general manager, Asia. “We are extremely pleased that Eric has joined GT Solar, and look forward to his successes as he focuses on strengthening our customer relationships and broadening our presence in the Taiwanese market.”
Also today, GT Solar announced that it will be exhibiting at PV Taiwan 2009. The exhibition will take place from October 7 – 9, 2009 at the Taipei World Trade Center Exhibition Hall in Taipei, Taiwan.
Hsu brings to GT Solar nearly 15 years of sales, service, and management experience. Most recently, he served as an account manager for Varian Semiconductor Equipment Associates. Previously, he was the service operation director/Asia service deputy director for Brooks Automation, Inc. Hsu has also held positions of increasing responsibility at other companies, including AMPI Inc., INTRACO Asia Taiwan, and KLA-Tencor Corporation. He earned a Bachelor of Computer Science degree from International Technological University in Sunnyvale, Calif.
“Eric is a seasoned professional with a significant amount of practical and leadership experience,” said Jeff Ford, GT Solar’s vice president and general manager, Asia. “We are extremely pleased that Eric has joined GT Solar, and look forward to his successes as he focuses on strengthening our customer relationships and broadening our presence in the Taiwanese market.”
Also today, GT Solar announced that it will be exhibiting at PV Taiwan 2009. The exhibition will take place from October 7 – 9, 2009 at the Taipei World Trade Center Exhibition Hall in Taipei, Taiwan.
ICP Solar Announces Fiscal 2009 Fourth Quarter Financial Results
MONTREAL--(BUSINESS WIRE)--ICP Solar Technologies Inc. (OTCBB: ICPR.OB, FRANKFURT: K1U.F), a developer, manufacturer and marketer of proprietary solar panels and products, today announced financial results for the fourth quarter and twelve months ended January 31, 2009.
Highlights for the Quarter
* Sales were $0.9 million for the fiscal fourth quarter, up 39% from $0.7 million in the fourth quarter of fiscal 2008
* SG&A expenses declined 50% in the fourth quarter ended January 31, 2009 versus the fourth quarter of fiscal 2008
* Adjusted EBITDA was $(0.9) million for the quarter, versus $(1.8) million in the quarter ended January 31, 2008
* ICP Solar also recently announced a number of important developments, including an expanded licensing agreement with The Coleman Company, the introduction of additional long-lasting Sunsei® lighting products, and new distribution partnerships with both OutBack Power Systems and Integrated Metering Systems
“In line with what was stated when we reported preliminary results for the fourth quarter in February, ICP Solar has achieved a good deal of progress with regards to both its streamlining efforts and growth initiatives this year,” said Sass Peress, CEO. “Even with the global economy still finding its footing, we are seeing steady demand for our products and a robust order book for fiscal 2010. In addition, we continue to offer superior, innovative solutions within the market for renewable energy applications, as demonstrated by our successful rollout of the Sunsei® GreenMeter® systems in North America and abroad. We believe that the wide variety of stimulus measures being enacted across the globe – and the increasing interest in solar-powered products – will provide upward momentum to our expansion plans going forward.
“In recognition of our current positioning, expertise, and the optimism we see for the future of our industry, ICP Solar will hold its first ever earnings conference call on Wednesday, April 29th for the fourth quarter of fiscal 2009. We certainly hope that many long term investors and equity research analysts can join us as we review results and discuss our growth strategy for fiscal 2010. As the economy recovers and oil prices invariably rise, we anticipate even greater interest in our unique, mobile, technology-leading solar applications. ICP Solar has never been better positioned for growth and performance improvement than it is today.”
Financial Results
Revenue for the fourth quarter of fiscal 2009 was $0.9 million, as compared with $0.7 million in the fourth quarter of fiscal 2008, reflecting increased shipments of the Company’s products in North America. Gross loss was near breakeven at $(28,924), versus a gross loss of $(0.3) million last year. The Company\'s operating loss for the quarter was $(1.3) million versus $(2.6) million in the prior-year period, with the decrease primarily due to lower SG&A expense. Adjusted EBITDA for the fourth quarter of fiscal 2009 was $(0.9) million, as compared with $(1.8) million in the fourth quarter of fiscal 2008. The Company posted a comprehensive net loss for the fourth quarter of $(2.4) million, or $(0.07) per diluted share, compared with a net loss of $(2.6) million, or $(0.09) per diluted share, in fiscal 2008.
Conference Call
ICP Solar will host its first ever earnings conference call at 10:00 a.m. Eastern on April 29, 2009 for the fiscal fourth quarter and year ended January 31, 2009. During the call, Sass Peress, CEO, will review the company’s operations and financial results. The telephone number for the conference call is 800-938-1123.
Highlights for the Quarter
* Sales were $0.9 million for the fiscal fourth quarter, up 39% from $0.7 million in the fourth quarter of fiscal 2008
* SG&A expenses declined 50% in the fourth quarter ended January 31, 2009 versus the fourth quarter of fiscal 2008
* Adjusted EBITDA was $(0.9) million for the quarter, versus $(1.8) million in the quarter ended January 31, 2008
* ICP Solar also recently announced a number of important developments, including an expanded licensing agreement with The Coleman Company, the introduction of additional long-lasting Sunsei® lighting products, and new distribution partnerships with both OutBack Power Systems and Integrated Metering Systems
“In line with what was stated when we reported preliminary results for the fourth quarter in February, ICP Solar has achieved a good deal of progress with regards to both its streamlining efforts and growth initiatives this year,” said Sass Peress, CEO. “Even with the global economy still finding its footing, we are seeing steady demand for our products and a robust order book for fiscal 2010. In addition, we continue to offer superior, innovative solutions within the market for renewable energy applications, as demonstrated by our successful rollout of the Sunsei® GreenMeter® systems in North America and abroad. We believe that the wide variety of stimulus measures being enacted across the globe – and the increasing interest in solar-powered products – will provide upward momentum to our expansion plans going forward.
“In recognition of our current positioning, expertise, and the optimism we see for the future of our industry, ICP Solar will hold its first ever earnings conference call on Wednesday, April 29th for the fourth quarter of fiscal 2009. We certainly hope that many long term investors and equity research analysts can join us as we review results and discuss our growth strategy for fiscal 2010. As the economy recovers and oil prices invariably rise, we anticipate even greater interest in our unique, mobile, technology-leading solar applications. ICP Solar has never been better positioned for growth and performance improvement than it is today.”
Financial Results
Revenue for the fourth quarter of fiscal 2009 was $0.9 million, as compared with $0.7 million in the fourth quarter of fiscal 2008, reflecting increased shipments of the Company’s products in North America. Gross loss was near breakeven at $(28,924), versus a gross loss of $(0.3) million last year. The Company\'s operating loss for the quarter was $(1.3) million versus $(2.6) million in the prior-year period, with the decrease primarily due to lower SG&A expense. Adjusted EBITDA for the fourth quarter of fiscal 2009 was $(0.9) million, as compared with $(1.8) million in the fourth quarter of fiscal 2008. The Company posted a comprehensive net loss for the fourth quarter of $(2.4) million, or $(0.07) per diluted share, compared with a net loss of $(2.6) million, or $(0.09) per diluted share, in fiscal 2008.
Conference Call
ICP Solar will host its first ever earnings conference call at 10:00 a.m. Eastern on April 29, 2009 for the fiscal fourth quarter and year ended January 31, 2009. During the call, Sass Peress, CEO, will review the company’s operations and financial results. The telephone number for the conference call is 800-938-1123.
First Solar to Supply Modules for Australia’s Largest Solar PV Installation
TEMPE, Ariz.--(BUSINESS WIRE)--First Solar, Inc. (Nasdaq: FSLR) announced today that it will supply photovoltaic (PV) modules to Solar Shop Australia, Pty Ltd. (Solar Shop), for a 1 megawatt (MW) DC rooftop project. The solar power system, installed on six separate buildings at the Adelaide Showground in South Australia, will be the largest PV installation in the country. The rooftop system is being commissioned by the Royal Agricultural and Horticultural Society of South Australia.
First Solar is the world’s largest manufacturer of thin film solar modules. The Company recently announced that it has produced 1 gigawatt of its PV modules since beginning commercial production. In addition, First Solar has the lowest manufacturing cost in the industry, having broken the $1 per watt price barrier by reducing its manufacturing cost to 98 cents.
“First Solar is proud to be supplying modules for the country’s largest PV system,” said John Carrington, First Solar executive vice president of marketing and business development. “This project will take one of Australia’s most abundant resources, sunlight, and convert it into clean, affordable electricity.”
“This project marks the beginning of what we expect to be a very promising future for solar energy in Australia,” said Carrington. “Australia’s policy initiatives have set the stage for the growth of affordable renewable energy, and First Solar’s advanced, cost-effective solar technology is a perfect fit.”
Solar Shop, in an alliance partnership with building and engineering company Build Environs Pty Ltd., will design and construct the 1 MW installation, which is expected to displace approximately 1500 tons of CO2 every year. Construction is anticipated to begin immediately and is expected to be completed by the third quarter of 2009. The power produced by the solar installation will be used predominantly at the Adelaide Showground site, displacing power generated from conventional sources.
“Solar Shop Australia is excited to be introducing First Solar’s modules into the Australian market and particularly for use on this project, Australia’s largest solar PV installation,” said Adrian Ferraretto, Solar Shop’s managing director. “Solar Shop determined First Solar’s modules offered the best option for the Showground after considering a number of other solar technologies and the client’s specific requirements.”
First Solar is the world’s largest manufacturer of thin film solar modules. The Company recently announced that it has produced 1 gigawatt of its PV modules since beginning commercial production. In addition, First Solar has the lowest manufacturing cost in the industry, having broken the $1 per watt price barrier by reducing its manufacturing cost to 98 cents.
“First Solar is proud to be supplying modules for the country’s largest PV system,” said John Carrington, First Solar executive vice president of marketing and business development. “This project will take one of Australia’s most abundant resources, sunlight, and convert it into clean, affordable electricity.”
“This project marks the beginning of what we expect to be a very promising future for solar energy in Australia,” said Carrington. “Australia’s policy initiatives have set the stage for the growth of affordable renewable energy, and First Solar’s advanced, cost-effective solar technology is a perfect fit.”
Solar Shop, in an alliance partnership with building and engineering company Build Environs Pty Ltd., will design and construct the 1 MW installation, which is expected to displace approximately 1500 tons of CO2 every year. Construction is anticipated to begin immediately and is expected to be completed by the third quarter of 2009. The power produced by the solar installation will be used predominantly at the Adelaide Showground site, displacing power generated from conventional sources.
“Solar Shop Australia is excited to be introducing First Solar’s modules into the Australian market and particularly for use on this project, Australia’s largest solar PV installation,” said Adrian Ferraretto, Solar Shop’s managing director. “Solar Shop determined First Solar’s modules offered the best option for the Showground after considering a number of other solar technologies and the client’s specific requirements.”
Solar Universe Network Expands into the Central Valley
FRESNO, Calif.--(BUSINESS WIRE)--Today, Solar Universe, Inc., announced that it has executed a franchise agreement with SVW Suncorp, Inc., a joint venture with Valley Unique Electric, The Fresno-based operation will become the fifth Solar Universe franchise partner operating in CA, serving the greater central valley.
“We are excited about adding a veteran team of skilled electricians to our network, as it provides an opportunity to better serve the central valley market and meet its growing solar needs,” said Joe Bono, president of Solar Universe, Inc.
According to Solar Universe research, government data and other industry sources, growth in US solar demand could increase by over 40 percent in 2009, “particularly areas like the central valley where the cost of electricity is high, the government incentives are attractive and there exists heightened environmental awareness,” said Bono.
As the global economic crisis lingers the billion dollar-plus alternative energy industry is positioned for a boom as tax credits, the green movement, and technology come together to provide the right incentives for consumers and businesses to go solar.
The federal ITC tax credit makes all Americans eligible for a 30 percent federal tax credit on solar technology. That’s in addition to individual state tax credits and rebates, which are as high as 25 percent in regions like California.
As a long-time central valley resident, Jamey Vumback, president of SVW Suncorp, is pleased to be involved in a business that makes good economic sense and helps create environmental citizens. “Solar is the bright spot in this economy,” said Vumback. “Solar energy has never been more affordable.” By installing solar, homes and businesses can convert natural sunlight into electricity and save money by directing excess electricity onto the grid, and crediting the electric bill. “Fix your cost of energy, protect the environment and improve your property value… why wouldn’t you go solar?” said Vumback.
“We are excited about adding a veteran team of skilled electricians to our network, as it provides an opportunity to better serve the central valley market and meet its growing solar needs,” said Joe Bono, president of Solar Universe, Inc.
According to Solar Universe research, government data and other industry sources, growth in US solar demand could increase by over 40 percent in 2009, “particularly areas like the central valley where the cost of electricity is high, the government incentives are attractive and there exists heightened environmental awareness,” said Bono.
As the global economic crisis lingers the billion dollar-plus alternative energy industry is positioned for a boom as tax credits, the green movement, and technology come together to provide the right incentives for consumers and businesses to go solar.
The federal ITC tax credit makes all Americans eligible for a 30 percent federal tax credit on solar technology. That’s in addition to individual state tax credits and rebates, which are as high as 25 percent in regions like California.
As a long-time central valley resident, Jamey Vumback, president of SVW Suncorp, is pleased to be involved in a business that makes good economic sense and helps create environmental citizens. “Solar is the bright spot in this economy,” said Vumback. “Solar energy has never been more affordable.” By installing solar, homes and businesses can convert natural sunlight into electricity and save money by directing excess electricity onto the grid, and crediting the electric bill. “Fix your cost of energy, protect the environment and improve your property value… why wouldn’t you go solar?” said Vumback.
Governor Arnold Schwarzenegger to Address Inaugural SolarTech and CALSEIA Solar Summit
SAN JOSE, Calif.--(BUSINESS WIRE)--In partnership with the Silicon Valley Leadership Group (http://svlg.net), SolarTech, an initiative of the Silicon Valley Leadership Group (www.solartech.org) and the California Solar Energy Industries Association (www.calseia.org) announce the participation of California Governor Arnold Schwarzenegger as an honorary guest speaker at their inaugural Summit to be held May 7, 2009, hosted by eBay in San Jose, California, home to the city’s largest commercial solar installation.
“We are deeply honored to have the Governor join our inaugural summit,” says Tom McCalmont, Co-founder and Chair of SolarTech, CEO Real Goods Solar. “Mr. Schwarzenegger inspired the creation of the California Solar Initiative in 2004, laying the groundwork for California becoming what is today the third largest solar market in the world.”
At the direction of Governor Schwarzenegger, the California Solar Initiative created a $3.3 billion ten-year program in 2006 to put solar on a million roofs in the state, spearheading what has proven to be a highly successful state renewable energy incentives and rebates program.
“The solar industry finds itself with an opportunity for widespread adoption of solar power, that will at the same time facilitate the economic recovery of the Bay Area and the state,” said Carl Guardino, President and CEO of the Leadership Group. “The governor’s vision for the future of the solar industry in California is an example of the inspiration, vision and leadership that are needed as we move through these critical times.”
The Governor will acknowledge public-private partnerships by consortiums such as SolarTech and CALSEIA in the global context of the solar economy in California, and the impact private, public, partnerships can have on the state’s economic development.
Other speakers include:
* The Honorable Mayor Chuck Reed, City of San Jose
* Lyndon Rive, CEO, Solar City
* Steve Rhoades, CEO, SatCon
* Ole Pilgaard, CEO, Heliodyne
* Brian Halla, CEO, National Semiconductor
* Jeff Wolfe, CEO, GroSolar
“Our industry finds itself at the convergence of opportunity, policy, climate change and government vision,” said Doug Payne, Interim Executive Director for SolarTech. “It is imperative for all of us, collectively, to seamlessly execute the delivery of solar energy solutions to the mass market over the next three to five years. This inaugural SolarTech / CalSEIA joint Summit unveils our work on a world stage helping to shape and enable our industry’s success. For the Governor to acknowledge our work is truly an honor and a privilege.”
“These are very exciting times for the solar industry in California,” said Gary Gerber, President of Sun Light and Power and President of the CALSEIA Board of Directors. “Governor Schwarzenegger has been such a visionary for our industry we are deeply grateful for his leadership past, present, and future.”
“Having installed the city’s largest private solar installation, eBay is proud to host a conversation among key solar industry thought leaders with significant potential to expand the use of this promising technology,” said John Donahoe, CEO of eBay Inc. “All businesses today stand to benefit from smart energy policy, and we applaud SolarTech for convening this forum.”
For more information on this event, event sponsorship, and to register, please visit: www.calsolarsummit.org
“We are deeply honored to have the Governor join our inaugural summit,” says Tom McCalmont, Co-founder and Chair of SolarTech, CEO Real Goods Solar. “Mr. Schwarzenegger inspired the creation of the California Solar Initiative in 2004, laying the groundwork for California becoming what is today the third largest solar market in the world.”
At the direction of Governor Schwarzenegger, the California Solar Initiative created a $3.3 billion ten-year program in 2006 to put solar on a million roofs in the state, spearheading what has proven to be a highly successful state renewable energy incentives and rebates program.
“The solar industry finds itself with an opportunity for widespread adoption of solar power, that will at the same time facilitate the economic recovery of the Bay Area and the state,” said Carl Guardino, President and CEO of the Leadership Group. “The governor’s vision for the future of the solar industry in California is an example of the inspiration, vision and leadership that are needed as we move through these critical times.”
The Governor will acknowledge public-private partnerships by consortiums such as SolarTech and CALSEIA in the global context of the solar economy in California, and the impact private, public, partnerships can have on the state’s economic development.
Other speakers include:
* The Honorable Mayor Chuck Reed, City of San Jose
* Lyndon Rive, CEO, Solar City
* Steve Rhoades, CEO, SatCon
* Ole Pilgaard, CEO, Heliodyne
* Brian Halla, CEO, National Semiconductor
* Jeff Wolfe, CEO, GroSolar
“Our industry finds itself at the convergence of opportunity, policy, climate change and government vision,” said Doug Payne, Interim Executive Director for SolarTech. “It is imperative for all of us, collectively, to seamlessly execute the delivery of solar energy solutions to the mass market over the next three to five years. This inaugural SolarTech / CalSEIA joint Summit unveils our work on a world stage helping to shape and enable our industry’s success. For the Governor to acknowledge our work is truly an honor and a privilege.”
“These are very exciting times for the solar industry in California,” said Gary Gerber, President of Sun Light and Power and President of the CALSEIA Board of Directors. “Governor Schwarzenegger has been such a visionary for our industry we are deeply grateful for his leadership past, present, and future.”
“Having installed the city’s largest private solar installation, eBay is proud to host a conversation among key solar industry thought leaders with significant potential to expand the use of this promising technology,” said John Donahoe, CEO of eBay Inc. “All businesses today stand to benefit from smart energy policy, and we applaud SolarTech for convening this forum.”
For more information on this event, event sponsorship, and to register, please visit: www.calsolarsummit.org
Tuesday, April 28, 2009
Progress Energy Carolinas, Carolina Solar Energy Partner to Develop Person County Solar Park
Carolina Solar Energy will build the solar PV array on about 4 acres on HWY 501 just south of
"Solar power is an important part of our balanced energy strategy for meeting the region's needs," said
Carolina Solar Energy proposed this latest PV solar project in response to Progress Energy's request for renewable energy proposals issued in 2008. Project financing was secured through a tax advantaged lease from BB&T Equipment Finance Corporation.
"Photovoltaic solar technology has come a long way in the past few decades and there is no longer any doubt that solar power is becoming a viable investment in
Abengoa Solar Begins Operation of World's Largest Solar Power Tower Plant
PS20 is the world's second power tower plant in commercial use. PS20 features a number of significant technological improvements with respect to PS10, the first commercial power tower. These enhancements, developed by Abengoa Solar, include a higher-efficiency receiver, various improvements in the control and operational systems, and a better thermal energy storage system. Plant construction was carried out by Abener.
According to
With a power capacity of 20 megawatts, double that of PS10, the new PS20 solar power plant will produce enough clean energy to supply 10,000 homes, and will avoid the emission of approximately 12,000 tons of CO2 into the atmosphere that a conventional power plant would have produced.
PS20 consists of a solar field made up of 1,255 mirrored heliostats designed by Abengoa Solar. Each heliostat, with a surface area of 1,291 square feet, reflects the solar radiation it receives onto the receiver, located on the top of a 531 feet-high tower, producing steam which is converted into electricity generation by a turbine.
Abengoa Solar is focused on the development and application of technology for generating electricity using the power of the sun.
Abengoa is a technological company that applies innovative solutions for sustainability in the infrastructure, environment and energy sectors. The company is listed on the Spanish stock exchange and currently has a presence in more than 70 countries, where it operates through its five business groups: Solar, Bioenergy, Environmental Services, Information Technologies, and Industrial Construction and Engineering. (www.abengoa.com)
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The Gas Company to Award Metropolitan Transportation Authority More Than $600,000 for Adoption of Solar Power, Energy Efficiency
LOS ANGELES, CA--(Marketwire - April 27, 2009) - As the Obama Administration pushes for increased use of renewables in the fight against global warming, Southern California Gas Co. (The Gas Company) announced today it expects to award incentives of up to $633,000 to the Los Angeles County Metropolitan Transportation Authority (Metro) for installing the nation's largest solar photovoltaic system at a transit facility, as well as a state-of-the-art energy management system.
The 6,720 solar panels at Metro's Support Service Center in downtown Los Angeles -- Metro's central maintenance facility for busses -- represent the largest solar installation in the City of Los Angeles, with a capability of generating 1.2 megawatts of power. Metro expects to cut the facility's annual $1.1 million energy bill in half with the system and reduce carbon emissions by more than 3,700 metric tons -- the equivalent of taking 600 cars off the road.
Metro also installed new heating, ventilation and air-conditioning systems, and compressed air systems, and replaced about 4,000 lighting fixtures, all controlled by a state-of-the-art energy management system.
Metro qualified for the incentives by participating in The Gas Company's Self-Generation Incentive and Business Energy-efficiency programs. Both are state-sponsored programs that provide financial incentives to businesses for generating their own electricity on site and improving energy efficiency.
"Thanks, in part, to The Gas Company's incentives, Los Angeles is now one step closer to becoming the solar capital of the United States," said Los Angeles Mayor and Metro Board Chair Antonio Villaraigosa. "Today's unveiling of the city's largest solar-powered facility will not only generate clean, renewable energy, but will provide the kinds of green jobs that this economy so desperately needs."
"The Gas Company has awarded more than $70 million since 2001 to customers installing electric-generation systems, providing the state with 77 megawatts of much-needed generation -- enough to power about 50,000 homes," said Hal D. Snyder, vice president of customer solutions for The Gas Company. "Over the past 18 years, our energy-efficiency programs have helped customers conserve more than 386 million therms of natural gas, or enough to supply energy to more than 770,000 homes for one year, at a cost savings of more than $320 million.
"We commend Metro for its leadership in the use of renewable energy and energy-efficient equipment, reducing costs and helping California meet its greenhouse-gas emissions-reduction goals," said Snyder.
The Metro Support Service Center is used for the central maintenance of Metro's bus fleet, which includes more than 2,500 compressed natural gas-fueled busses. Spanning 27 acres, the 400,000-square foot facility consists of five separate buildings where technicians and mechanics keep Metro's bus fleet in all of the agency's 11 operating divisions in top condition.
For more information on The Gas Company's energy-efficiency and self-generation incentive programs, customers can visit the utility's Web site at www.socalgas.com/business.
Southern California Gas Co. has been delivering clean, safe and reliable natural gas to its customers for more than 140 years. It is the nation's largest natural gas distribution utility, providing safe and reliable energy to 20.5 million consumers through 5.7 million meters in more than 500 communities. The company's service territory encompasses approximately 20,000 square miles in diverse terrain throughout Central and Southern California, from Visalia to the Mexican border. The Gas Company is a regulated subsidiary of Sempra Energy (
Berkeley Solar Mapping Portal from CH2M HILL Estimates Solar Potential of Residential, Commercial and Government Rooftops City-wide
DENVER & BERKELEY, Calif.--(BUSINESS WIRE)--CH2M HILL has completed Berkeley’s Solar Mapping Portal, enabling residents and business owners to estimate the solar potential of their rooftops and view existing solar installations. CH2M HILL worked with Berkeley’s Office of Energy and Sustainable Development (ESD) to identify all of the solar installations in the city and utilized its S.A.F.E.™ technology to map Berkeley rooftops for their solar energy potential. The solar map can be viewed at www.cityofberkeley.info/solarmap.
“The online solar map is an important educational outreach resource that will help the city-wide effort to meet our climate action goals,” said Berkeley Mayor Tom Bates. “The CH2M HILL mapping technology removes what were once costly barriers to maximizing the energy harvesting of solar installations.”
Residents and business owners in Berkeley can now log on, view their rooftops, calculate the available square footage for panels, get a photovoltaic (PV) system size to fit their rooftop, obtain detailed information on tax rebates and choose from a listing of available installers. The CH2M HILL solar map accurately reflects elements such as rooftop structures, the slant of the roof, shading from obstructions and takes into account the azimuth of the sun for PV panel placement.
“The City of Berkeley is taking a leadership role in solar energy and empowering its citizens to become good stewards of the environment,” said David Herrmann, client solutions director, CH2M HILL’s Enterprise Management Solutions. “The city has the people and the technology to significantly change how the municipality, its businesses, and residences generate energy in the years to come.”
Berkeley’s ESD seeks to reduce energy use and greenhouse gas emissions in both city operations and throughout Berkeley in order to promote a healthy and sustainable community. ESD is committed to developing and implementing innovative programs to promote an integrated strategy for energy efficiency and renewable energy. ESD hosts programs that assist Berkeley citizens on increasing energy efficiency in homes and businesses, reducing household carbon footprints and balancing emissions by using on-site renewable energy.
The Berkeley FIRST program, a solar finance program that assists Berkeley residents in tackling the financial hurdles of installing solar panels, is the city’s flagship solar energy program. It provides property owners an opportunity to borrow money from the City’s Sustainable Energy Financing District to install solar photovoltaic electric systems and repay the financing through property tax bills.
In addition to its solar solutions, CH2M HILL Enterprise Management Solutions is the leader in carbon management systems integration. For further information about CH2M HILL’s sustainability solutions, please visit www.ch2m.com/solarmapping.
About CH2M HILL
Headquartered near Denver, Colo., employee-owned CH2M HILL is a global leader in engineering, procurement, construction, management and operations for government, civil, industrial and energy clients. With $6.4 billion in revenue and more than 25,000 employees, CH2M HILL is an industry-leading program management, construction management and design firm, as ranked by Engineering News-Record (2008). The firm’s work is concentrated in the areas of energy, water, transportation, environmental, nuclear and industrial facilities. The firm has long been recognized as a most-admired company and leading employer, including being named by FORTUNE as one of the 100 Best Companies to Work For (2009). Visit www.ch2mhill.com.
CH2M HILL Enterprise Management Solutions (EMS) is an industry-leading IT management system integration consulting and solution development business. EMS provides a unique ability to leverage its core lines of business—consulting, enterprise spatial, enterprise collaboration, integrated security and emergency preparedness, program management and managed IT services—to provide capabilities that span the entire client enterprise.
For more information about CH2M HILL EMS visit: www.ch2m.com/ems.
“The online solar map is an important educational outreach resource that will help the city-wide effort to meet our climate action goals,” said Berkeley Mayor Tom Bates. “The CH2M HILL mapping technology removes what were once costly barriers to maximizing the energy harvesting of solar installations.”
Residents and business owners in Berkeley can now log on, view their rooftops, calculate the available square footage for panels, get a photovoltaic (PV) system size to fit their rooftop, obtain detailed information on tax rebates and choose from a listing of available installers. The CH2M HILL solar map accurately reflects elements such as rooftop structures, the slant of the roof, shading from obstructions and takes into account the azimuth of the sun for PV panel placement.
“The City of Berkeley is taking a leadership role in solar energy and empowering its citizens to become good stewards of the environment,” said David Herrmann, client solutions director, CH2M HILL’s Enterprise Management Solutions. “The city has the people and the technology to significantly change how the municipality, its businesses, and residences generate energy in the years to come.”
Berkeley’s ESD seeks to reduce energy use and greenhouse gas emissions in both city operations and throughout Berkeley in order to promote a healthy and sustainable community. ESD is committed to developing and implementing innovative programs to promote an integrated strategy for energy efficiency and renewable energy. ESD hosts programs that assist Berkeley citizens on increasing energy efficiency in homes and businesses, reducing household carbon footprints and balancing emissions by using on-site renewable energy.
The Berkeley FIRST program, a solar finance program that assists Berkeley residents in tackling the financial hurdles of installing solar panels, is the city’s flagship solar energy program. It provides property owners an opportunity to borrow money from the City’s Sustainable Energy Financing District to install solar photovoltaic electric systems and repay the financing through property tax bills.
In addition to its solar solutions, CH2M HILL Enterprise Management Solutions is the leader in carbon management systems integration. For further information about CH2M HILL’s sustainability solutions, please visit www.ch2m.com/solarmapping.
About CH2M HILL
Headquartered near Denver, Colo., employee-owned CH2M HILL is a global leader in engineering, procurement, construction, management and operations for government, civil, industrial and energy clients. With $6.4 billion in revenue and more than 25,000 employees, CH2M HILL is an industry-leading program management, construction management and design firm, as ranked by Engineering News-Record (2008). The firm’s work is concentrated in the areas of energy, water, transportation, environmental, nuclear and industrial facilities. The firm has long been recognized as a most-admired company and leading employer, including being named by FORTUNE as one of the 100 Best Companies to Work For (2009). Visit www.ch2mhill.com.
CH2M HILL Enterprise Management Solutions (EMS) is an industry-leading IT management system integration consulting and solution development business. EMS provides a unique ability to leverage its core lines of business—consulting, enterprise spatial, enterprise collaboration, integrated security and emergency preparedness, program management and managed IT services—to provide capabilities that span the entire client enterprise.
For more information about CH2M HILL EMS visit: www.ch2m.com/ems.
5G Wireless Communications Signs its First Solar Project LLC Formation Agreement under the “Clean Energy and Power” Business Model
REDONDO BEACH, Calif.--(BUSINESS WIRE)--5G Wireless Communications, Inc. (Pink Sheets: FGWC) www.cleanenergyandpower.com signed its first LLC Formation Agreement for a Solar Project to be deployed in the Czech Republic.
The Agreement calls for the formation of a Nevada LLC which will operate as a Subsidiary of 5G Wireless Communications - “Clean Energy and Power.” The proposed Solar Project is to be located in Kajove, Czech Republic. A summary of the project will be listed on the www.cleanenergyandpower.com website once the website is online.
The company CEO Bo Linton stated, “We are pleased to ramp up our first Clean Energy project. There is still work to do, but our ambitious goal is to have a solar project generating revenue before the end of this year.”
The Proposed project “Clean Energy and Power CZ1” will require addition funding before it can be fully realized. A portion of the Capitalization for CZ1 by 5G Wireless Communications is a condition stated in the LLC Formation Agreement.
The Agreement calls for the formation of a Nevada LLC which will operate as a Subsidiary of 5G Wireless Communications - “Clean Energy and Power.” The proposed Solar Project is to be located in Kajove, Czech Republic. A summary of the project will be listed on the www.cleanenergyandpower.com website once the website is online.
The company CEO Bo Linton stated, “We are pleased to ramp up our first Clean Energy project. There is still work to do, but our ambitious goal is to have a solar project generating revenue before the end of this year.”
The Proposed project “Clean Energy and Power CZ1” will require addition funding before it can be fully realized. A portion of the Capitalization for CZ1 by 5G Wireless Communications is a condition stated in the LLC Formation Agreement.
SolFocus Showcases New Concentrator Photovoltaic (CPV) Technology and Commercial Deployment Success at CPV Summit 2009 in Toledo, Spain
MADRID--(BUSINESS WIRE)--SolFocus, Inc., a leading developer and supplier of Concentrator Photovoltaic (CPV) systems, announced today that it will be showcasing its new CPV technology at the CPV Summit 2009 in Toledo, Spain, April 28-29. This will be the first time that this new technology – the SF-1100S – will be shown in Europe. The SF-1100S is the CPV technology which SolFocus will be installing in Greece as part of its 10MW project with Samaras Group. Installation of the systems will begin this summer. The company also expects to be installing in other European countries including Italy and Portugal before the end of the year.
At the conference on April 28th SolFocus will be sharing with the conference attendees its ISFOC experience. SolFocus was part of the first phase of the ISFOC project, and was the first company to complete its installations. The company has a total of .5MW installed at ISFOC. “We are extremely pleased with the performance of our systems,” commented SolFocus Europe President Roberto de Diego. “Of particular importance with new technology is consistency. Our systems have performed at or above rated levels consistently over the nine months since installation.”
SolFocus founder and Chairman Gary D. Conley will also be participating in the conference on April 29th, chairing the session on New Markets for CPV. Mr. Conley was an early visionary for commercialization of the industry with his research into CPV approaches which would allow high volume, low cost manufacturing. This research led to the founding of SolFocus in late 2006. Mr. Conley was also instrumental in the formation of the CPV Consortium, an industry organization dedicated to the advancement of the CPV industry. The CPV Consortium will be having an information meeting at the conference for new members who want to be engaged in directing the evolution of and infrastructure for the industry.
At the conference on April 28th SolFocus will be sharing with the conference attendees its ISFOC experience. SolFocus was part of the first phase of the ISFOC project, and was the first company to complete its installations. The company has a total of .5MW installed at ISFOC. “We are extremely pleased with the performance of our systems,” commented SolFocus Europe President Roberto de Diego. “Of particular importance with new technology is consistency. Our systems have performed at or above rated levels consistently over the nine months since installation.”
SolFocus founder and Chairman Gary D. Conley will also be participating in the conference on April 29th, chairing the session on New Markets for CPV. Mr. Conley was an early visionary for commercialization of the industry with his research into CPV approaches which would allow high volume, low cost manufacturing. This research led to the founding of SolFocus in late 2006. Mr. Conley was also instrumental in the formation of the CPV Consortium, an industry organization dedicated to the advancement of the CPV industry. The CPV Consortium will be having an information meeting at the conference for new members who want to be engaged in directing the evolution of and infrastructure for the industry.
Veeco Introduces “FastLine” Glass Coating Platform for Production of CIGS Thin Film Solar Cells
PLAINVIEW N.Y.--(BUSINESS WIRE)--Veeco Instruments Inc. (Nasdaq: VECO), announced the introduction of its FastLine™ platform of Glass Coating Systems, leveraging Veeco’s proven PV-Series™ Thermal Deposition Sources. Veeco’s new FastLine platform is designed for high throughput, low cost of ownership production of CIGS (copper, indium, gallium and selenium) solar cells.
Piero Sferlazzo, Ph.D., Senior Vice President of Veeco’s Solar Equipment business, commented, “Veeco is now the only equipment company offering integrated production-scale solutions for CIGS manufacturing on glass using thermal evaporation sources for the CIGS/absorber layer. Customers can now choose Veeco to provide comprehensive, fully integrated equipment to manufacture CIGS solar cells, whether they choose to use our FastLine systems for glass or our FastFlex™ systems for flexible substrates.”
Thermal evaporation, as compared to other deposition methods, produces the highest efficiency thin film solar cells and has the lowest materials costs with high material utilization driving down the manufacturing cost per watt. Veeco’s FastLine systems can handle up to thirty 1.1m x 1.4m glass panels/hour. The modular architecture of the system allows customers to scale their output according to their needs.
The U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) has claimed a world record for CIGS thin-film solar cell conversion efficiency of 19.9 percent. The conversion efficiency for CIGS is now close to that of multi-crystalline silicon-based solar cells, according to NREL. This achievement was hailed as an important milestone because the efficiency of thin film solar cells is now achieving its goal of matching silicon in performance.
Piero Sferlazzo, Ph.D., Senior Vice President of Veeco’s Solar Equipment business, commented, “Veeco is now the only equipment company offering integrated production-scale solutions for CIGS manufacturing on glass using thermal evaporation sources for the CIGS/absorber layer. Customers can now choose Veeco to provide comprehensive, fully integrated equipment to manufacture CIGS solar cells, whether they choose to use our FastLine systems for glass or our FastFlex™ systems for flexible substrates.”
Thermal evaporation, as compared to other deposition methods, produces the highest efficiency thin film solar cells and has the lowest materials costs with high material utilization driving down the manufacturing cost per watt. Veeco’s FastLine systems can handle up to thirty 1.1m x 1.4m glass panels/hour. The modular architecture of the system allows customers to scale their output according to their needs.
The U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) has claimed a world record for CIGS thin-film solar cell conversion efficiency of 19.9 percent. The conversion efficiency for CIGS is now close to that of multi-crystalline silicon-based solar cells, according to NREL. This achievement was hailed as an important milestone because the efficiency of thin film solar cells is now achieving its goal of matching silicon in performance.
Kohl’s Department Stores Number One on EPA’s List of Retail Green Power Purchasers
MENOMONEE FALLS, Wis.--(BUSINESS WIRE)--Kohl’s Department Stores (NYSE: KSS) announced today that according to the U.S. Environmental Protection Agency’s (EPA’s) quarterly listings, Kohl’s is the number one purchaser of green power among retailers, third overall and third among Fortune 500 companies.
EPA’s National Top Partner lists, released earlier today, highlight EPA Green Power Partners that have completed the largest annual voluntary green power purchases through April 7, 2009. According to EPA, green power is electricity that is generated from environmentally preferable renewable resources like wind and solar. These resources generate electricity with a net zero increase in carbon dioxide emissions.
In 2009, Kohl’s purchased more than 600 million kilowatt-hours (kWh) of green power through renewable energy credits (RECs) in areas such as solar, wind and landfill gas. This is more than double Kohl’s previous green power commitment and enough to meet 50 percent of the company’s purchased electricity use. According to U.S. EPA, Kohl’s green power purchase of 600 million kWh is equivalent to avoiding carbon dioxide emissions of more than 79,000 passenger vehicles per year, or is the equivalent amount of electricity needed to power nearly 60,000 average American homes annually.
“Kohl’s recognizes the significant value of green power for our business, our customers and the environment,” said Ken Bonning, Kohl’s executive vice president of store planning and logistics. “Purchasing renewable energy credits not only helps Kohl’s work toward the goal of reducing our carbon footprint, it also helps fund additional renewable energy projects that will have a positive impact on our communities far into the future. We are pleased to support these initiatives and will continue to explore and embrace environmentally sound practices that conserve resources, manage energy use and support long-term sustainability.”
A member of EPA’s Green Power Partnership since 2006, Kohl’s purchases green power in support of the Fortune 500 Green Power Challenge – an EPA program challenging Fortune 500 companies to collectively exceed 10 billion kWh of green power purchasing by the end of 2009. Kohl’s most recent green power purchase also qualifies the company for EPA’s Green Power Leadership Club, a distinction given to organizations that have significantly exceeded EPA’s minimum purchase requirements. Green Power Leadership Club members must purchase 10 times the Partnership’s minimum requirement organization-wide. Kohl’s was also honored by EPA in both 2008 and 2007 with the Green Power Leadership Award.
\"EPA commends our Green Power Partners for their continued commitment to reducing greenhouse gas emissions by purchasing green power,\" said Kathleen Hogan, Director of the Climate Protection Partnerships Division at EPA. \"By supporting renewable energy, Kohl\'s Department Stores is helping to move our nation into a clean energy future.”
Kohl’s further supports its mission of being a leading environmentally responsible retailer through a number of key initiatives that aim to reduce greenhouse gas emissions and maximize energy efficiency. These initiatives and partnerships include an extensive, industry-leading solar program in addition to active participation in EPA’s ENERGY STAR®, Climate Leaders, WasteWise and SmartWay Transport programs, the U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED©) program and the U.S. Department of Energy’s Retailer Energy Alliance.
For more information on Kohl’s green initiatives or EPA’s Green Power Partnership, visit www.kohlsgreenscene.com or www.epa.gov/greenpower.
EPA’s National Top Partner lists, released earlier today, highlight EPA Green Power Partners that have completed the largest annual voluntary green power purchases through April 7, 2009. According to EPA, green power is electricity that is generated from environmentally preferable renewable resources like wind and solar. These resources generate electricity with a net zero increase in carbon dioxide emissions.
In 2009, Kohl’s purchased more than 600 million kilowatt-hours (kWh) of green power through renewable energy credits (RECs) in areas such as solar, wind and landfill gas. This is more than double Kohl’s previous green power commitment and enough to meet 50 percent of the company’s purchased electricity use. According to U.S. EPA, Kohl’s green power purchase of 600 million kWh is equivalent to avoiding carbon dioxide emissions of more than 79,000 passenger vehicles per year, or is the equivalent amount of electricity needed to power nearly 60,000 average American homes annually.
“Kohl’s recognizes the significant value of green power for our business, our customers and the environment,” said Ken Bonning, Kohl’s executive vice president of store planning and logistics. “Purchasing renewable energy credits not only helps Kohl’s work toward the goal of reducing our carbon footprint, it also helps fund additional renewable energy projects that will have a positive impact on our communities far into the future. We are pleased to support these initiatives and will continue to explore and embrace environmentally sound practices that conserve resources, manage energy use and support long-term sustainability.”
A member of EPA’s Green Power Partnership since 2006, Kohl’s purchases green power in support of the Fortune 500 Green Power Challenge – an EPA program challenging Fortune 500 companies to collectively exceed 10 billion kWh of green power purchasing by the end of 2009. Kohl’s most recent green power purchase also qualifies the company for EPA’s Green Power Leadership Club, a distinction given to organizations that have significantly exceeded EPA’s minimum purchase requirements. Green Power Leadership Club members must purchase 10 times the Partnership’s minimum requirement organization-wide. Kohl’s was also honored by EPA in both 2008 and 2007 with the Green Power Leadership Award.
\"EPA commends our Green Power Partners for their continued commitment to reducing greenhouse gas emissions by purchasing green power,\" said Kathleen Hogan, Director of the Climate Protection Partnerships Division at EPA. \"By supporting renewable energy, Kohl\'s Department Stores is helping to move our nation into a clean energy future.”
Kohl’s further supports its mission of being a leading environmentally responsible retailer through a number of key initiatives that aim to reduce greenhouse gas emissions and maximize energy efficiency. These initiatives and partnerships include an extensive, industry-leading solar program in addition to active participation in EPA’s ENERGY STAR®, Climate Leaders, WasteWise and SmartWay Transport programs, the U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED©) program and the U.S. Department of Energy’s Retailer Energy Alliance.
For more information on Kohl’s green initiatives or EPA’s Green Power Partnership, visit www.kohlsgreenscene.com or www.epa.gov/greenpower.
Monday, April 27, 2009
Solar Panel Giant Suntech America Goes Live on NetSuite for ERP, CRM and Ecommerce Automation
More specifically, Suntech now has the platform it needs to manage a growing nationwide network of solar power dealer-installers, and has simplified its chart of accounts preparation from a week-long administrative chore to a single-click report. Suntech America relies on NetSuite to provide enterprise resource planning (ERP), including accounting, inventory and order management; and customer relationship management (CRM), including email marketing campaigns, reporting, and customer portal capabilities.
It's no secret that solar energy is on the verge of rapid growth in the U.S. As a unit of world industry leader Suntech Power, Suntech America recently announced major initiatives to significantly expand within the U.S. solar market, planning to triple sales to the U.S. in 2009 through, among other things, expansion of its dealer network. Suntech America believes it can finally make solar power an everyday reality in American homes and workplaces.
Managing such a network requires a reliable, comprehensive business operating platform, so Suntech America turned to NetSuite. The system is designed so as potential customers and dealers identify themselves on the company's website, leads are automatically entered into the NetSuite CRM system and appropriately sorted to the correct contact for follow-up activities. Dealers will have their own NetSuite logins, allowing them to obtain leads and book business directly with Suntech America.
Through NetSuite business partner Shannon Systems' B2B Gateway, linked with NetSuite, Suntech America can quickly generate orders directly to the company's logistics outsourcer without re-keying, and with full visibility into real-time inventory levels. On the finance side, NetSuite now comprehensively manages the company's full chart of accounts, turning what had been an expensive week-long reconciliation into a simple, easily-accessible report.
Suntech America is Suntech's first step in evaluating the NetSuite platform to help effectively meet the demand for solar technology worldwide.
Long Island School District Awards $12 Million Project to Atlantic Energy Solutions
SARATOGA SPRINGS, NY--(Marketwire - April 27, 2009) - Atlantic Energy Solutions, Inc. (PINKSHEETS: AESO) is pleased to announce that they have just been awarded a $12.2 million energy efficiency project from a Long Island, NY School District.
This multifaceted project entails a new 200kw solar photovoltaic system, a 300kw cogeneration system, IT Network Management, Weatherization, major HVAC renovations, and boiler and lighting replacement.
These energy efficiency improvements and renovations along with $490,000 in LIPA solar incentives will realize the school district and its taxpayers almost $700,000 in annual energy savings.
Atlantic Energy Solutions CEO Tim Brock commented, "The savings we are providing for this school district is another perfect example of the impact our energy efficiency projects can make on a local municipality. Not only are we implementing state of the art green technology innovations which have a positive effect on the environment, but we are simultaneously creating much needed tax relief during these challenging economic times." Mr. Brock continued, "As our company continues on its current course of growth and expansion we are striving to become a premier player in our industry. Being a publicly traded company gives us an added responsibility to increase shareholder value. We are confident that the actions we are taking and the growth we are experiencing will help us achieve these important objectives."
This multifaceted project entails a new 200kw solar photovoltaic system, a 300kw cogeneration system, IT Network Management, Weatherization, major HVAC renovations, and boiler and lighting replacement.
These energy efficiency improvements and renovations along with $490,000 in LIPA solar incentives will realize the school district and its taxpayers almost $700,000 in annual energy savings.
Atlantic Energy Solutions CEO Tim Brock commented, "The savings we are providing for this school district is another perfect example of the impact our energy efficiency projects can make on a local municipality. Not only are we implementing state of the art green technology innovations which have a positive effect on the environment, but we are simultaneously creating much needed tax relief during these challenging economic times." Mr. Brock continued, "As our company continues on its current course of growth and expansion we are striving to become a premier player in our industry. Being a publicly traded company gives us an added responsibility to increase shareholder value. We are confident that the actions we are taking and the growth we are experiencing will help us achieve these important objectives."
Quentin T. Kelly Purchases the Name of “WorldWater & Solar Technologies” Plus the Full Product Line and Technology of Mobile MaxPure® Solar Water Purification Systems
PENNINGTON, N.J.--(BUSINESS WIRE)--Quentin T. Kelly has acquired the name of “WorldWater & Solar Technologies” (WWST) plus the technology, inventory, equipment and patents relating to Mobile MaxPure®, the proprietary solar water pumping and purification system.
With the purchase, Mr. Kelly assumes the titles of CEO and Chairman of WWST as a new private company, incorporated in Delaware. The new company is headquartered in its predecessor company offices in Pennington, NJ.
Its initial contract of supplying 25 Mobile MaxPure® solar pumping and purification units for use by a US Army combat team aiding Iraqi civilians along the Tigris River has been completed and shipped as scheduled the week of April 20, 2009. Each Mobile Max unit generates up to 3.5 kW of solar electric power and can pump and purify 30,000 gallons of water per day, thus enabling some 150,000 persons to drink clean water from the heavily polluted and contaminated Tigris. The units have battery banks and are operational 24 hours per day, 7 days a week, delivering water for approximately one cent ($0.01) per gallon.
“Mobile MaxPure® represents a vital change in health and life for potential millions,” Mr. Kelly said. “It is currently already operating in Iraq’s Euphrates River Valley under the auspices of the US Marines, in Darfur, Sudan and in Ethiopian refugee camps, and there are pending contracts with other governments in Africa and Asia.
“Additionally, these units are ideal for combating disaster situations following hurricanes, earthquakes, floods etc. for First Responders who will have immediate access to electric power, water pumping and purification and satellite communications. The Mobile MaxPure® units are 7 foot cubes, robust and portable, able to be transported to site by pickup truck, boat or helicopter and operational in minutes after arrival on site.”
“We now have a field-proven product which means every village and hamlet in the world can have clean water and power. Clean water means better health, better health means more productivity and productivity leads to self-sustaining lives and economies. That’s the life- transforming impact of Mobile MaxPure®,” Mr. Kelly stated.
With the purchase, Mr. Kelly assumes the titles of CEO and Chairman of WWST as a new private company, incorporated in Delaware. The new company is headquartered in its predecessor company offices in Pennington, NJ.
Its initial contract of supplying 25 Mobile MaxPure® solar pumping and purification units for use by a US Army combat team aiding Iraqi civilians along the Tigris River has been completed and shipped as scheduled the week of April 20, 2009. Each Mobile Max unit generates up to 3.5 kW of solar electric power and can pump and purify 30,000 gallons of water per day, thus enabling some 150,000 persons to drink clean water from the heavily polluted and contaminated Tigris. The units have battery banks and are operational 24 hours per day, 7 days a week, delivering water for approximately one cent ($0.01) per gallon.
“Mobile MaxPure® represents a vital change in health and life for potential millions,” Mr. Kelly said. “It is currently already operating in Iraq’s Euphrates River Valley under the auspices of the US Marines, in Darfur, Sudan and in Ethiopian refugee camps, and there are pending contracts with other governments in Africa and Asia.
“Additionally, these units are ideal for combating disaster situations following hurricanes, earthquakes, floods etc. for First Responders who will have immediate access to electric power, water pumping and purification and satellite communications. The Mobile MaxPure® units are 7 foot cubes, robust and portable, able to be transported to site by pickup truck, boat or helicopter and operational in minutes after arrival on site.”
“We now have a field-proven product which means every village and hamlet in the world can have clean water and power. Clean water means better health, better health means more productivity and productivity leads to self-sustaining lives and economies. That’s the life- transforming impact of Mobile MaxPure®,” Mr. Kelly stated.
Sunrise Solar Identifies Government Projects
SAN ANTONIO--(BUSINESS WIRE)--Management of Sunrise Solar Corp. (OTCBB:SSLR) met with government leaders in Washington over the past several weeks to identify specific demonstration projects related to SSLR’s solar energy and alternative energy solutions. The Company’s proposals were well received and the response thus far from government agencies suggests they are inclined to move forward with specific demonstration projects. The Company expects its successful demonstration projects to lead to more and larger projects in the months ahead.
“Federal agency representatives responded positively to SSLR’s proposals for specific demonstration projects,” noted Maurice Stone, President of Sunrise Solar Corp. “Now that these doors are open, we expect to begin the roll-out of our projects.”
“Over the past several months we have laid the groundwork for these projects and now we are beginning to see the positive results of our initiatives,” added Stone.
SSLR expects to expand its portfolio of projects within the U.S. and abroad as it becomes a competitor to companies such as First Solar, Inc. (NASDAQ:FSLR), GT Solar Inc. (NASDAQ:SOLR) and Suntech Power Holdings (NYSE:STP).
About Sunrise Solar Corporation
Sunrise Solar Corporation intends to commercialize and distribute cutting edge alternative solar energy technologies and equipment. Sunrise also intends to capitalize on its institutional knowledge of emerging alternative energy technologies to develop comprehensive alternative energy plans. Sunrise Solar common stock is traded under the symbol SSLR. For more information please visit http://www.sunrisesolarcorp.com.
“Federal agency representatives responded positively to SSLR’s proposals for specific demonstration projects,” noted Maurice Stone, President of Sunrise Solar Corp. “Now that these doors are open, we expect to begin the roll-out of our projects.”
“Over the past several months we have laid the groundwork for these projects and now we are beginning to see the positive results of our initiatives,” added Stone.
SSLR expects to expand its portfolio of projects within the U.S. and abroad as it becomes a competitor to companies such as First Solar, Inc. (NASDAQ:FSLR), GT Solar Inc. (NASDAQ:SOLR) and Suntech Power Holdings (NYSE:STP).
About Sunrise Solar Corporation
Sunrise Solar Corporation intends to commercialize and distribute cutting edge alternative solar energy technologies and equipment. Sunrise also intends to capitalize on its institutional knowledge of emerging alternative energy technologies to develop comprehensive alternative energy plans. Sunrise Solar common stock is traded under the symbol SSLR. For more information please visit http://www.sunrisesolarcorp.com.
EVSO: Texas Launches $500 Million Solar Subsidy
PHOENIX--(BUSINESS WIRE)--Evolution Solar Corporation (Pink Sheets: EVSO). The Texas Senate just approved one of the largest subsidy programs for solar power in the United States. The program mandates a 60% increase in alternative energy from sources other than wind over the next five years. The program is expected to result in an additional 200-500 megawatts of solar power in the State of Texas. (There are currently 590 megawatts of solar power generated nationwide).
“The Texas legislature has made it clear that the State has put out the welcome mat for companies such as Evolution Solar who are committed to expanding solar capacity in the United States,” stated Robert Kaapke, CEO of Evolution Solar Corp. “This new initiative will put Texas in the forefront of states that provide solar incentives and help make Texas the leader in solar power as it already is in wind generation.”
Texas is expected to attract solar manufactures with its new incentives as well as installations from companies such as SunTech (NYSE: STP) and Energy Conversion Devices (NASDAQ: ENER).
“The Texas legislature has made it clear that the State has put out the welcome mat for companies such as Evolution Solar who are committed to expanding solar capacity in the United States,” stated Robert Kaapke, CEO of Evolution Solar Corp. “This new initiative will put Texas in the forefront of states that provide solar incentives and help make Texas the leader in solar power as it already is in wind generation.”
Texas is expected to attract solar manufactures with its new incentives as well as installations from companies such as SunTech (NYSE: STP) and Energy Conversion Devices (NASDAQ: ENER).
Friday, April 24, 2009
Mercury Solar Systems Completes Several New Solar Energy System Installations in the New York Metro Area
Recent commercial solar installations include:
HoneyCell, Inc. (
Wee Burn Country Club (
Solomon Schechter Upper & Lower Schools (
Bella Vista Holiday Spa (
Larchmont Department of Public Works (
CPI Companies (
Guardian Self Storage (
Since its founding in 2006, Mercury Solar Systems has been rapidly expanding its commercial and residential solar electric and solar thermal energy systems businesses, completing close to 1,000 installations of varying sizes throughout
"We recently had
SunPower Reports First-Quarter 2009 Results
"The first quarter of 2009 was the most challenging quarter we've seen since SunPower went public in 2005," said
"We were also pleased to announce today our expanded partnership with FPL Group through a significant supply agreement for future solar projects. This builds on our successful commencement of construction of the 25 megawatt DeSoto Next Generation Solar Energy Center in the first quarter of 2009. We look forward to working with FPL Group on future solar power plants around the country," Werner concluded.
On a GAAP basis for the 2009 first quarter, SunPower reported gross margin of 22.3%, an operating loss of
On a non-GAAP basis, adjusted to exclude non-cash charges for amortization of intangible assets of
2009 Guidance
The company expects the following fiscal year 2009 non-GAAP results: total revenue of
For the full year 2009, the company expects the following total company GAAP results: revenue of
This press release contains both GAAP and non-GAAP financial information. Non-GAAP figures are reconciled to the closest GAAP equivalent figures on the final page of this press release. Please note that the company has posted supplemental information and slides related to its first-quarter 2009 performance on the Events and Presentations section of the SunPower Investor Relations page at http://investors.sunpowercorp.com/events.cfm.
Solarmer Energy, Inc. to Announce Champion Efficiency Results at Organic Photovoltaics Conference
PHILADELPHIA, PA--(Marketwire - April 24, 2009) - Solarmer Energy, Inc., a leading developer of organic photovoltaics, will present their new independently verified top-end efficiency of 6.31% at 2009's Organic Photovoltaics conference in Philadelphia, Pennsylvania. Dr. Yue Wu, Solarmer's Director of Research and Development, will present these results and Solarmer's progress toward the manufacture of plastic solar cells. This accomplishment further reinforces the company's position as holder of the strongest and most diverse portfolio of polymers in the industry.
Solarmer, whose focus is on the development and manufacture of plastic solar cells that are translucent, flexible, and lightweight, is extremely pleased with these results. "We're hoping to generate a lot of excitement with this recent break-through," says Solarmer's President Woolas Hsieh. "It gives me confidence that we will have commercial products on the market in 2010."
The 6.31% efficiency of organic photovoltaics (OPV) was independently verified by the Dr. Zadoyan group in the Technology and Applications Center at Newport Corporation. This accomplishment is evidence of Solarmer closing in on their commercial grade module goals of 6.2% efficiency, 3 years half lifetime, and 100cm squared total active area.
In addition to their efficiency achievements, Dr. Yue Wu will present Solarmer's progress in developing translucent plastic solar cells (capable of up to 45% transparency). Translucent plastic solar cells are relevant to applications such as solar windows, which will be capable of replacing standard windows. This technology is highly anticipated by developers of skyscrapers and houses alike that are trying to break the zero-energy barrier (zero energy buildings are autonomous from the energy grid -- energy is produced on-site).
Solar Thin Films Announces BudaSolar Wins Two Key R&D Awards; Exceeds $1.8 Million From Hungarian Government Agency
DIX HILLS, NY--(Marketwire - April 23, 2009) - Solar Thin Films, Inc. (OTCBB: SLTN) today announced that it has been notified that BudaSolar Limited was awarded two separate research and development contracts by the Hungarian National Office for Research and Technology -- the first targeting efficiency improvements for silicon based thin film solar cells and the second aimed at developing improved in-line monitoring tools for thin film processes. The project leader for the first award is BudaSolar's CEO, Dr. Istvan Krafcsik, who is regarded as a pioneer of the Hungarian thin film solar industry. Solar Thin Films and its KRAFT Elektronikai Zrt. subsidiary have entered into a share exchange agreement which contemplates that KRAFT will acquire 100% of BudaSolar and Dr. Krafcsik and his associate will receive 49% of the share capital of KRAFT.
The first R&D contract in the amount of over US $3.0 million (at current exchange rates) has been awarded to a consortium consisting of BudaSolar, Optilab Ltd., the Research Institute for Technical Physics and Materials Science or MFA, and the Research Institute for Nuclear Research or ATOMKI. Total government support for BudaSolar as lead partner equals just over US $1.4 million (at current exchange rates).
"This project will complement our existing research capabilities and is another positive step in our efforts to run a world-class development effort aimed at continuous improvement of our industry leading amorphous silicon solution," noted Dr. Csaba Ducso, Buda's Head of Technology Development. The project goals include the development of processing techniques for higher efficiency micromorph solar modules. "Sharing laboratory development with multiple physical research institutes provides us with greater access to more sophisticated research equipment and enables us to complement our own research team with noted academic specialists," said Buda's Dr. Istvan Krafcsik. "Together we have a strong probability of success in an effort that would launch KRAFT forward with a high efficiency version of its ultra low cost batch process or 'box carrier' system, and would ensure continued competitiveness based on improving what is already acknowledged to be one of the world's lowest cost production processes."
The second contract in the amount of roughly US $3.6 million (at current exchange rates) has been awarded to lead partner Semilab, BudaSolar, the MFA, and the Department of Electronic Devices at Budapest Technical University. Total government support for BudaSolar is just over US $400,000 (at current exchange rates). The primary goal of the project is to develop in-line process monitoring tools that are optimized for thin film technology. The project leader, Semilab, is already noted for its in-line monitoring tools targeted at crystalline technologies and selected BudaSolar for its thin film expertise. Buda will retain the right to incorporate these tools into its "turnkey" offering.
Peter Lewis, Group Vice President of STF's Thin Film and Equipment Division, commented, "This is further evidence that combining KRAFT's equipment manufacturing expertise and BudaSolar's process and development expertise will yield an industry leading low cost solution for the production of thin film solar modules."
The first R&D contract in the amount of over US $3.0 million (at current exchange rates) has been awarded to a consortium consisting of BudaSolar, Optilab Ltd., the Research Institute for Technical Physics and Materials Science or MFA, and the Research Institute for Nuclear Research or ATOMKI. Total government support for BudaSolar as lead partner equals just over US $1.4 million (at current exchange rates).
"This project will complement our existing research capabilities and is another positive step in our efforts to run a world-class development effort aimed at continuous improvement of our industry leading amorphous silicon solution," noted Dr. Csaba Ducso, Buda's Head of Technology Development. The project goals include the development of processing techniques for higher efficiency micromorph solar modules. "Sharing laboratory development with multiple physical research institutes provides us with greater access to more sophisticated research equipment and enables us to complement our own research team with noted academic specialists," said Buda's Dr. Istvan Krafcsik. "Together we have a strong probability of success in an effort that would launch KRAFT forward with a high efficiency version of its ultra low cost batch process or 'box carrier' system, and would ensure continued competitiveness based on improving what is already acknowledged to be one of the world's lowest cost production processes."
The second contract in the amount of roughly US $3.6 million (at current exchange rates) has been awarded to lead partner Semilab, BudaSolar, the MFA, and the Department of Electronic Devices at Budapest Technical University. Total government support for BudaSolar is just over US $400,000 (at current exchange rates). The primary goal of the project is to develop in-line process monitoring tools that are optimized for thin film technology. The project leader, Semilab, is already noted for its in-line monitoring tools targeted at crystalline technologies and selected BudaSolar for its thin film expertise. Buda will retain the right to incorporate these tools into its "turnkey" offering.
Peter Lewis, Group Vice President of STF's Thin Film and Equipment Division, commented, "This is further evidence that combining KRAFT's equipment manufacturing expertise and BudaSolar's process and development expertise will yield an industry leading low cost solution for the production of thin film solar modules."
SolFocus Cuts Ribbon on Expanded Glassworks Factory in Mesa, Arizona
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--SolFocus, the leading developer of Concentrator Photovoltaic (CPV) systems, announced today the completion of its expanded solar glass reflector manufacturing factory in Mesa, Ariz. With over a 175 percent increase in manufacturing floor space and a new line of advanced manufacturing equipment, the SolFocus Glassworks facility will have the capacity to produce 2 million concentrating reflectors annually for 30 MW of solar power generation – over 15 times the plant’s capacity in 2008.
The facility makes the city of Mesa one of the first municipal examples in the U.S. of the “new energy economy” as envisioned by the American Recovery and Reinvestment Act (ARRA). With a projected growth to over 150 full-time employees by the end of 2009 – a 200 percent increase over 2008 – the expansion demonstrates the combined value of local economic development and global investment in sustainable energy. As an advanced energy technology producer, SolFocus plans to utilize the 30 percent manufacturing investment tax credit, as set forth in ARRA. From a demand perspective, ARRA provides the municipality of Mesa access to funds for investment in innovative solar energy generation technology, which will create even more jobs and economic benefit to the city.
“Mesa is an example of a town poised to become the living and breathing paradigm of a vibrant green economy,” said Jason Ellsworth, vice president and general manager of the SolFocus Glassworks facility. “In addition to providing green collar jobs in the factory, Mesa is positioned to create additional long-term, high-skilled jobs, through the deployment, operation and maintenance of solar installations, which is expected to create approximately 80-90 working man-years for each megawatt of solar energy put into operation.”
The proprietary, convex mirrors manufactured at the facility serve as a critical component within the SolFocus CPV system design. As part of a full CPV system, the mirrors reflect the sun’s rays 500 times onto a solar cell, which enables the system to produce solar power with industry-leading panel conversion efficiency levels of 25 percent. From an industry perspective, the demand that drove this expansion signals the transition of CPV from the research and development stage to commercialization.
“The 30 MW of product enabled by this factory will allow us to meet the rising demand for CPV technology,” said Mark Crowley, president and chief executive officer of SolFocus. “Government bodies, utilities and large scale commercial operations are quickly recognizing that CPV can deliver three times the efficiency of traditional solar systems with lower land use. With more than $150 billion of stimulus money available for clean energy projects worldwide,1 competition for available product supply will be tight, so the time to act is now.”
“The swift expansion of this facility not only creates new jobs but pushes Mesa to the forefront of sustainable economic development enabled by the stimulus package,” said Scott Smith, Mayor of Mesa. “We anticipate that this facility will allow Mesa to serve the increasing demand in the U.S. for advanced solar energy technology. The City of Mesa has a tremendous opportunity to showcase an innovative, renewable energy technology, build a long-lasting solar cluster, and be an American Recovery Act success story.”
The expanded factory will open immediately with full production expected in the second half of 2009. The original factory opened in December 2007 with 50 employees and produced 45,000 mirrors in 2008.
The facility makes the city of Mesa one of the first municipal examples in the U.S. of the “new energy economy” as envisioned by the American Recovery and Reinvestment Act (ARRA). With a projected growth to over 150 full-time employees by the end of 2009 – a 200 percent increase over 2008 – the expansion demonstrates the combined value of local economic development and global investment in sustainable energy. As an advanced energy technology producer, SolFocus plans to utilize the 30 percent manufacturing investment tax credit, as set forth in ARRA. From a demand perspective, ARRA provides the municipality of Mesa access to funds for investment in innovative solar energy generation technology, which will create even more jobs and economic benefit to the city.
“Mesa is an example of a town poised to become the living and breathing paradigm of a vibrant green economy,” said Jason Ellsworth, vice president and general manager of the SolFocus Glassworks facility. “In addition to providing green collar jobs in the factory, Mesa is positioned to create additional long-term, high-skilled jobs, through the deployment, operation and maintenance of solar installations, which is expected to create approximately 80-90 working man-years for each megawatt of solar energy put into operation.”
The proprietary, convex mirrors manufactured at the facility serve as a critical component within the SolFocus CPV system design. As part of a full CPV system, the mirrors reflect the sun’s rays 500 times onto a solar cell, which enables the system to produce solar power with industry-leading panel conversion efficiency levels of 25 percent. From an industry perspective, the demand that drove this expansion signals the transition of CPV from the research and development stage to commercialization.
“The 30 MW of product enabled by this factory will allow us to meet the rising demand for CPV technology,” said Mark Crowley, president and chief executive officer of SolFocus. “Government bodies, utilities and large scale commercial operations are quickly recognizing that CPV can deliver three times the efficiency of traditional solar systems with lower land use. With more than $150 billion of stimulus money available for clean energy projects worldwide,1 competition for available product supply will be tight, so the time to act is now.”
“The swift expansion of this facility not only creates new jobs but pushes Mesa to the forefront of sustainable economic development enabled by the stimulus package,” said Scott Smith, Mayor of Mesa. “We anticipate that this facility will allow Mesa to serve the increasing demand in the U.S. for advanced solar energy technology. The City of Mesa has a tremendous opportunity to showcase an innovative, renewable energy technology, build a long-lasting solar cluster, and be an American Recovery Act success story.”
The expanded factory will open immediately with full production expected in the second half of 2009. The original factory opened in December 2007 with 50 employees and produced 45,000 mirrors in 2008.
Thursday, April 23, 2009
Wal-Mart to Nearly Double Solar Energy Use in California
This commitment is in addition to the 18 solar arrays currently installed at Wal-Mart facilities in
- Generate up to 32 million kilowatt hours (kWh) of renewable energy per year - the equivalent of powering more than 2,600 homes*;
- Avoid producing more than 22,500 metric tons of carbon dioxide emissions per year - the equivalent of taking more than 4,000 cars off the road*;
- Provide 20 to 30 percent of each location's total electric energy needs.
"Increasing the use of solar energy is the right thing to do for the environment and makes tremendous business sense, especially in these economic conditions," said
"All over the state we are harnessing the power of the famous
"Wal-Mart is a leader in implementing cost-effective clean energy solutions," said
This latest series of projects is expected to create about 130 jobs, including engineering, design, and installer technician jobs. Smaller numbers of workers will be engaged during the periods leading up to and following peak construction.
Wal-Mart is committed to expanding its solar presence in
Wal-Mart will continue learning from its renewable projects to find additional ways to achieve its goal of being supplied by 100 percent renewable energy. In
Wal-Mart's ongoing commitment to renewable energy projects is helping the retailer build a more diversified energy portfolio and create more opportunities for advancements in clean energy through research and innovations.
* According to the EPA (http://www.epa.gov/solar/energy-resources/calculator.html)
Lockheed Martin Celebrates Completion of Solar Energy Testbed
The Solar System Test and Engineering Site (SolSTES) array in southern
"Through this solar field testbed, we're applying for the utilities the same systems engineering and disciplined integration approach that we do for all of our domestic and international customers," said
In
Since the teaming agreement was signed, Lockheed Martin and Starwood have been pursuing multiple utility-scale opportunities, and have invested in land acquisition, transmission, permitting, supplier base, technology development, and efficient, low-cost production techniques. The teaming arrangement positions Lockheed Martin and Starwood to provide clean, renewable energy throughout
Headquartered in
For additional information about Lockheed Martin, visit: http://www.lockheedmartin.com
Low-Cost Solar Now Available to Arizona Homeowners
The American Solar Electric and SunRun partnership gives homeowners a more affordable alternative to purchasing an American Solar Electric system outright. With SunRun's solar lease,
"American Solar Electric's mission is to provide high-value photovoltaic systems to
SunRun launched in
"US Bank is pleased to see SunRun's expansion into
"We're excited to partner with American Solar Electric to offer our service in
Solar Thin Films Announces Completion of Initial Shipments to Grupo Unisolar, S.A.
DIX HILLS, NY--(Marketwire - April 22, 2009) - Solar Thin Films, Inc. (
"We are delighted that this project is on track to date and we look forward to completing our equipment shipments and commencing installation in the coming months," noted Peter Lewis, Group Vice President, Equipment and Thin Films Division. "This project is particularly important to KRAFT and to Solar Thin Films as it represents another step in our effort to transition KRAFT from an equipment supplier to a 'turnkey' systems supplier and because the equipment shipped includes improvements to the system as a result of the recently signed Cooperation Agreement between KRAFT and our new merger partner BudaSolar."
Management expects that starting in 2009 a significant portion of the revenue generated from its KRAFT operation will be for such "higher margin turnkey systems" or Factory Sales rather than for individual pieces of equipment or Equipment Sales and as such began separating Factory Sale revenue from Equipment Sale revenue in its most recently issued 10K.
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