EVSO: Solar Index Closes Strong for the Year!

PHOENIX--(BUSINESS WIRE)--Evolution Solar Corp. (PinkSheets: EVSO). With the world focused on clean fuels, the MAC Global Solar Energy Index Total Return (DJI: SUNIDX) closed strongly higher with two months of steady gains from $385 to yesterday’s close of $460. As the world begins its search for clean energy technologies, solar companies, such as EVSO, are positioned to see strong growth in investor interest. The Index was developed and is maintained by MAC Indexing, LLC, an affiliate of Melvin & Company that specializes in clean energy equity research and index development.

Solar power is gaining popularity these days, with the federal government directing billions of dollars in stimulus tax breaks toward development and Congress wrestling with energy and climate bills that could boost renewable energy even more. Solar is clean, it is ready and prices per kw have fallen significantly in the last year, putting it within reach of many energy hungry industries.

EVSO builds on a strong set of relationships in China that allow it to compete for contracts with much larger competitors such as, Sun Power (Nasdaq: SPWRA), First Solar (Nasdaq: FSLR), Trina Solar LTD (NYSE: TSL), and LDK Solar Co. LTD (NYSE: LDK).

South Jersey Industries Solar Panel Projects Operational

FOLSOM, N.J.--(BUSINESS WIRE)--Furthering a company-wide commitment to reducing its carbon footprint, South Jersey Industries today announced that solar panel projects at two of its local facilities are operational and generating electricity.

“We are excited to be an example of the renewable energy possibilities in our region,” SJI Chairman, President and CEO, Edward J. Graham, said. “These projects reflect our commitment to green and efficient energy use, and we look forward to identifying additional ways for South Jersey Industries to reduce its energy consumption and promote renewable energy projects.”

Solar panels were installed at SJI’s Folsom-based headquarters and South Jersey Gas’ McKee City location.

The Folsom project is a 50kW roof-mounted system consisting of 210 solar modules. It will generate 60,000 kWh each year. All of the electricity produced will be used on-site to help meet the building’s electrical needs.

The McKee City project is a 651kW ground-mounted facility. It consists of 2,772 solar panels and covers roughly two acres of open land. It will generate approximately 886,000 kWh in its first year. All of the electricity produced by the solar panels will be used on-site for facility operations.

Marina Energy, another SJI subsidiary, installed the panels and will be responsible for maintaining them.

“We are proud to help our parent company identify and pursue green and viable energy opportunities,” said Mike Renna, chief operating officer for South Jersey Energy Solutions. “These projects will allow South Jersey Industries to save money on their electric rates and contribute to a sustainable energy future.”

Suntech's Quality Lab Certified for PV Module VDE Test Data Acceptance Program

WUXI, China, Dec. 21 /PRNewswire-Asia/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's largest crystalline silicon photovoltaic (PV) module manufacturer, today announced that it is the first solar company in Asia to be awarded the VDE Test Data Acceptance Program (TDAP) certificate in accordance with all the requirements of IEC 61215. The award is further recognition of Suntech's strong commitment to implementing world-class quality processes to ensure solar panel performance.

Dr. Qiang Han, General Manager of VDE Shanghai said, "We are impressed by Suntech's comprehensive quality testing processes, a number of which exceed IEC certification requirements. As a leading global solar company, Suntech is setting a fantastic example of how to ensure consistent, high quality production."

As part of the program, VDE will regularly send experienced personnel to witness the implementation of key quality tests and procedures at Suntech. Participation in the TDAP is expected to accelerate Suntech's ongoing IEC certification process from approximately seven months to four months, enabling Suntech to bring the latest solar products to market faster.

Dr. Zhengrong Shi, Suntech's Chairman and CEO, said, "We view quality as key to the long-term success of the solar industry. Suntech's commitment to reliability, represented in our industry-leading quality control teams, state- of-the-art product testing infrastructure, and our track record of over 1.5GW of installed solar products, gives customers the confidence and performance they need to generate decades of sustainable and clean energy. We will work closely with VDE and other internationally respected quality organizations to guarantee current and future generations of solar technology."

Suntech's world-class PV module testing facility is the largest in China with 1,400sqm and 7,000sqm of indoor and outdoor testing space, respectively. The cutting-edge test equipment includes a walk-in UV light chamber, a walk-in salt mist chamber, a water vapor test, pulse and continuous solar simulators, walk-in climate chambers, mechanical load and hail testers, electroluminescence testers, and high precision infrared cameras to evaluate module integrity. All the equipment and testing procedures meet or exceed the stringent standards of UL1703, IEC61215 and IEC61730-2. In June 2009, Suntech's PV module testing facility became the first in China to be awarded the Underwriters Laboratories Witness Testing Data Program certificate.

MEMC Acquires Stake In Eversol

ST. PETERS, Mo., Dec. 21 /PRNewswire-FirstCall/ -- MEMC Electronic Materials, Inc. (NYSE: WFR), a leading provider of silicon wafers and North America's largest solar energy services provider, has taken an ownership interest in Eversol Corporation, a solar wafer manufacturer in Taiwan.

In connection with the contract amendment between MEMC and Gintech Energy dated September 22, 2009, MEMC purchased Gintech's 8.36% interest in Eversol at Gintech's original cost. In a subsequent transaction, as part of a recent capital raise by Eversol, MEMC invested $5.0 million for an additional 5.1 million shares, bringing MEMC's ownership stake in Eversol to approximately 10.6%.

"We are pleased to strengthen our strategic partnership with Eversol," commented Ken Hannah, President of MEMC Solar Materials. "In addition to our plans to bring solar wafer manufacturing capability in-house, MEMC is identifying strategic partners for solar wafer manufacturing. With a mix of internal and external solar wafering capacity, we can minimize fixed costs and maintain the flexibility to satisfy growing levels of demand. As we implement this manufacturing strategy, we will continue to identify world-class strategic partners, such as Eversol."

Eversol's Chairman and CEO, Calvin Ho, said, "We welcome MEMC as a major shareholder. Having access to MEMC's worldwide supply chain and engineering systems will help us further reduce wafer manufacturing costs, which will spur additional demand for solar projects. MEMC's deep expertise with silicon wafers will also help us to improve solar-cell efficiency and manufacturing yields. Eversol looks forward to working with MEMC engineers in jointly advancing solar wafer technology."

SunPower and SolarPower Ltd. Dedicate 50-Kilowatt Solar Power System for HP in Israel

KIRVAT-GAT, Israel, Dec. 21 /PRNewswire-FirstCall/ -- SunPower Corp. ( SPWRA, SPWRB), a US-based manufacturer of high-efficiency solar cells, solar panels and solar systems, and SolarPower Ltd., an Israeli solar power system integrator and project developer, today dedicated a 50-kilowatt rooftop solar power system at HP's Indigo division facility in Kiryat-Gat, Israel.

SolarPower designed and built the system with high-efficiency SunPower solar panels. Construction on the project began in October.

"By combining SolarPower's design and construction expertise with SunPower panels, the most efficient solar panels commercially available, HP will maximize the amount of clean solar power generated on the roof," said SolarPower co-CEO Alon Tamari. "We are very pleased to have completed the first solar power installation for the high-technology industry in Israel."

"SolarPower's leadership in Israel was clearly an advantage to SunPower as we entered the market," said Howard Wenger, president, global business units, for SunPower. "On four continents, the proven performance of SunPower's technology has achieved a superior return on investment for our residential, commercial and power plant customers."

SunPower has completed more than 550 large solar power systems worldwide, including the recently completed 24-megawatt Montalto solar power plant in Italy.

Ascent Solar Announces the Retirement of Dr. Prem Nath

THORNTON, Colo.--(BUSINESS WIRE)--Ascent Solar Technologies, Inc. (NASDAQ:ASTI), a developer of state-of-the-art, flexible thin-film photovoltaic modules, today announced that Senior Vice President of Production Operations, Dr. Prem Nath will retire on January 15, 2010. Dr. Nath has led the company’s manufacturing efforts since 2006 and helped establish the company’s unique roll-to-roll commercial production capability.

Ascent Solar President and CEO Farhad Moghadam stated: “Dr. Nath’s track record speaks for itself and he has laid a superb foundation for this company to continue to scale its manufacturing capability and capacity. We thank Dr. Nath for his extraordinary service and innovative efforts while at Ascent Solar. Building on this foundation, the team at Ascent Solar will now pursue high volume commercial manufacturing, the next phase of growth for our company.”

Dr. Nath has spent over 30 years in the thin-film industry. While at Ascent Solar, Dr. Nath successfully led the company to reach full end-to-end commercial production on FAB 1 in Littleton, Colorado, which positions Ascent Solar to ramp to high volume production on FAB 2 located in Thornton, Colorado. The company will continue to have access to Dr. Nath’s knowledge and experience through a consulting arrangement.

Commenting on his retirement, Dr. Nath said: “I am very proud of our company’s accomplishments over the past several years. In 2006 the company was based on research and development tools. Today Ascent Solar has reached commercial production and is now ready to ramp to volume.”

SunEdison and Xcel Energy Strike Deal for 50MW (AC) / 55MW (DC) of Solar PV Energy in New Mexico

SANTA FE, N.M.--(BUSINESS WIRE)--SunEdison, North America’s largest solar energy services provider, a subsidiary of MEMC Electronic Materials (NYSE: WFR), and Xcel Energy’s regional operating company, Southwestern Public Service Company, today announced a deal for five photovoltaic solar installations in New Mexico that will total 50 megawatts (MW) in generation capacity.

The five 10MW sites, to be located in Lea and Eddy counties in southeastern New Mexico, will comprise a utility-scale, ground-mount system that will be fully operational by the end of 2011. In total, the installations will generate enough power for more than 10,000 homes in its first full year of operation.

This total project will enable Xcel Energy to continue meeting New Mexico’s renewable portfolio standard, which requires that regulated electric utilities meet 15 percent of their electricity needs by 2015, and 20 percent by 2020, through renewable energy sources.

The five installations will be built, financed and maintained by SunEdison, under a 20-year solar power services agreement (SPSA) with Xcel Energy, which will buy the solar power generated by the plant.

“We are thrilled to begin harvesting New Mexico’s rich solar resources, and we are equally proud to add this project to our growing base of wind energy, as we diversify our renewable energy portfolio,” said Riley Hill, president and CEO of Southwestern Public Service Company, an Xcel Energy company. “We are also pleased to be working with SunEdison, a leader in solar development with the experience and financial strength to ensure a smooth project completion.”

This project eclipses the 8.22MW (DC) solar power system SunEdison activated for Xcel Energy in Alamosa, Colorado in December 2007. At 50MW, the Xcel Energy project will be one of the largest in North America.

Governor of New Mexico Bill Richardson said the project reflects New Mexico’s sustained commitment to solar energy leadership. “Excellent natural resources, competitive incentives and pro business policies have positioned New Mexico at the forefront of the clean energy economy, and our commitment continues to generate economic development and well-paying jobs throughout the state,” Governor Richardson said.

New Mexico State Senator, Carroll Leavell commented, “I am most appreciative of SunEdison and Xcel Energy for working together for a renewable energy source that will serve southeastern New Mexico and West Texas. This will be of benefit not only as an additional source of energy but also as economic development for Lea and Eddy Counties.”

Lisa Hardison, interim president of the Economic Development Corporation of Lea County, said, “Thanks to Xcel Energy, our vision to brand and market Lea County as the EnergyPlex is becoming more and more a reality,” Hardison said. “Xcel Energy’s infrastructure and commitment to the Renewable Portfolio Standard – energy development, overall – are critical to our efforts. With SunEdison in the EnergyPlex now, we have the nation’s most significant energy players across the petroleum, nuclear and renewables industries developing their projects right here.”

Some system facts:

Once completed, it is estimated the five 10MW systems will:

* Power more than 10,000 homes in the first full year of operation by producing 110 million kWh.
* Produce over 2 billion kWh of clean solar energy over a 20-year lifespan. That is enough energy to power over 187,000 homes for one year.
* Offset more than 1.3 million metric tons of CO2 over a 20-year lifespan, equivalent of removing more than 290,000 cars from the road for one year.

Carlos Domenech, President of SunEdison and Executive Vice President of MEMC, noted, "Xcel Energy is a visionary electric utility. The company understands how to make utility-scale renewable energy a reality. Their vision enabled by the local and state leadership will facilitate the creation of green jobs in New Mexico.” Domenech continues, “SunEdison welcomes the opportunity to bring its proven track record in utility-scale solar, financial strength and the most cost-effective technologies to address Xcel Energy’s needs.”

SolarReserve Signs Power Contract with PG&E for Utility Scale Solar Power Project in California

SANTA MONICA, Calif.--(BUSINESS WIRE)--SolarReserve, the California-based developer of utility-scale solar power projects, today announced it has signed an agreement with Pacific Gas and Electric Company (PG&E) for the sale of electricity from SolarReserve’s Rice Solar Energy Project. The 150-megawatt solar energy project will be located 30 miles northwest of the city of Blythe in eastern Riverside County, California. When completed, SolarReserve’s facility will supply approximately 450,000 megawatt hours annually of clean, renewable electricity—enough to power up to 68,000 homes during peak electricity periods—utilizing its innovative energy storage capabilities.

The project will utilize an advanced molten salt system from United Technologies Corp. (UTC). SolarReserve holds the exclusive worldwide license for this groundbreaking technology, which features efficient energy storage inherent in the design that can provide electricity reliably during peak demand periods to meet utility requirements whether the sun is shining or throughout the night.

“We are extremely pleased to contract with PG&E for the power generated from this important project,” said Kevin Smith, SolarReserve’s chief executive officer. “Throughout the process, we have worked hard to minimize the project’s impact on local resources, which is why the project is being developed on privately-owned land that had been previously used as an air field. Further, the project will use a dry cooling system that minimizes water usage without significantly impacting the plant’s operational performance. We look forward to working with state and federal regulators in the permitting process to help bring this important project to reality for Californians.”

Assemblyman Brian Nestande observed, “This project shows that revolutionary technologies will be an important factor in meeting our future energy needs. As a State, we need to create a business climate conducive to private innovation and investment in the form of infrastructure and jobs.”

Subject to comprehensive environmental review by cooperating state and federal agencies, the Rice project could break ground as early as spring of 2011 creating 450 construction jobs during the two-year construction period. The project will employ 45 permanent operations staff and will have an annual operating budget of more than $5.0 million, with the majority of that budget spent in Riverside and San Bernardino Counties.

In addition to direct employment, several thousand indirect jobs are expected to be created through various suppliers and service providers throughout the region. The project also supports SolarReserve and its suppliers’ design, development, and engineering staffs with more than 150 scientists, engineers and green technical specialists working to further U.S. developed solar energy technology for potential export around the world.

GT Solar Appoints R. Chad Van Sweden to Board of Directors

MERRIMACK, N.H.--(BUSINESS WIRE)--GT Solar International, Inc. (NASDAQ:SOLR), a global provider of specialized production equipment, process technology and turnkey manufacturing services for the solar power industry, today announced the appointment of R. Chad Van Sweden to the company’s Board of Directors. Mr. Van Sweden will be succeeding Richard K. Landers, who is stepping down from the Board of Directors.

Mr. Van Sweden is a Vice President of the GFI Energy Group of Oaktree Capital Management, L.P., a premier global alternative and non-traditional investment manager. Prior to joining the GFI Energy Group in 2002, Mr. Van Sweden was an investment banking analyst with Credit Suisse First Boston and Donaldson, Lufkin & Jenrette from 2000 to 2002, focused on mergers and acquisitions in the energy and power sector. Mr. Van Sweden also serves as a director of Turbine Generator Maintenance, Inc., a provider of turnkey maintenance and repair services for steam and combustion turbines and associated equipment.

“Chad brings a vast amount of knowledge about the energy industry as well as his experience with corporate finance. His skills and experience are an excellent complement to those of his fellow directors. We are excited to welcome Chad to our Board and look forward to his input,” said J. Bradford Forth, chairman of GT Solar. “I would also like to thank Richard for his valued guidance and contributions over the years.”

Evergreen Solar Panels Chosen to Power Patriot Place

MARLBORO and FOXBOROUGH, Mass.--(BUSINESS WIRE)--Evergreen Solar, Inc. (Nasdaq: ESLR), a manufacturer of STRING RIBBON™ solar power products with its proprietary, low-cost silicon wafer manufacturing technology, announced today that its String Ribbon solar panels have been chosen for a 525-kilowatt installation at Patriot Place, a 1.3-million-square-foot shopping, dining and entertainment complex located adjacent to Gillette Stadium, home of the New England Patriots.

The system will supply approximately 30 percent of the power to the complex and more than 12 million kilowatt hours of electricity over 20 years. The system will eliminate an estimated 8,800 metric tons of carbon dioxide from the atmosphere each year, the equivalent of removing approximately 1,600 passenger cars from the road.

In total, more than 2,800 of Evergreen Solar’s ES-A series panels spanning the roofs of seven buildings will be used in the construction. One of the buildings that will house the panels is The Hall at Patriot Place presented by Raytheon, an award-winning sports and educational experience that is one of the highlights of Patriot Place. These panels will be visible to fans who attend games and events at Gillette Stadium and visitors to Patriot Place’s upper retail plaza.

Patriot Place, which began opening in phases in 2008, was constructed using sustainable design practices, including low-emitting construction materials and white roofs to facilitate heat island reduction. Patriot Place employs an on-site wastewater re-use system that saves millions of gallons of water annually and solar-powered trash receptacles throughout the complex that reduce waste volume and energy consumption.

“We’re thrilled that Patriot Place has chosen Evergreen Solar for this highly-visible solar installation,” said Alan King, Director Sales for the Americas. “As a company producing solar panels that deliver more electricity with less impact on the environment including the smallest carbon footprint, we feel we align perfectly with the environmental goals of Patriot Place while demonstrating the viability of solar power to the many patrons and fans traveling through this incredible complex.”

“This project is crucial to Patriot Place’s overall sustainability initiatives and we are proud to promote practical and cost-effective commercial applications of solar power,” said Brian Earley, Patriot Place General Manager. “We’re also proud to work with a local company like Evergreen Solar on such an important project.”

The solar installation is being constructed by Baltimore-based Constellation Energy’s Projects & Services Group.

Solar Industry Leader Amonix Acquires Sunworks Solar

SEAL BEACH, Calif.--(BUSINESS WIRE)--The Board of Directors of Amonix, Inc., the best choice for utility-scale solar power in hot and dry climates, announced today that it has completed the acquisition of Sunworks Solar LLC, a solar manufacturing plant developer. At the same time, Sunworks co-founder Brian Robertson becomes Chief Executive Officer; Sunworks co-founder Guy Blanchard joins as Senior Vice President of Sales and Corporate Development; and Matthew Meares, Sunworks Managing Director, joins as Director of Project Finance.

Amonix, which has been in business 20 years, on its seventh generation of product, with 15 years’ experience with field deployments in real-world conditions, completed its acquisition of Sunworks on November 9, 2009. Financial terms were not disclosed.

Between them, Robertson, Blanchard, and Meares have been instrumental in securing financing for more than half of all the solar photovoltaic projects deployed under power purchase agreements (PPA) in the United States.

Vahan Garboushian, founder, Chief Technology Officer, and Chairman said, “Amonix systems clearly work in utility-scale applications. With the addition to our management team of three of the most productive solar industry business executives in the country, we have what it takes to get large, complex projects completed. We are ready to leverage our expertise and years in the field to take our growth to the next level.”

Brian Robertson co-founded Sunworks in 2008 to provide American-made utility-scale solar. Previously, Robertson co-founded and was president of SunEdison, North America’s largest solar energy services provider. SunEdison was acquired by MEMC in November 2009. Robertson is a graduate of MIT with a degree in Computer Science and has an MBA from Harvard Business School.

Sunworks co-founder Guy Blanchard jointly led development of Sunworks’ project pipeline. He has extensive asset and project finance experience, previously as Managing Director for Fortress Investment Group’s Drawbridge family of funds, where he was a principal investor with a focus including renewable energy investments. Blanchard has a BS and an MBA from the University of California, Davis.

At Sunworks, Meares was responsible for utility-scale solar panel sales and project development. Previously at HSH Nordbank, he was responsible for project finance, mezzanine, and equity transactions in the power sector, with an emphasis on renewable energy. Meares has a BS in Mechanical Engineering and a BA in French Language and Literature from North Carolina State, and an MBA from Duke University’s Fuqua school of Business.

SolarReserve Signs Power Contract with NV Energy for Utility Scale Solar Power Project in Nevada

SANTA MONICA, Calif.--(BUSINESS WIRE)--SolarReserve, a California-based developer of utility-scale solar power projects, today announced it has signed a 25-year power purchase agreement with NV Energy for the sale of electricity from SolarReserve’s Crescent Dunes Solar Energy Project. Developed and owned by SolarReserve’s subsidiary, Tonopah Solar Energy, LLC, the 100-megawatt solar energy project will be located near the town of Tonopah in Nye County, Nevada. When completed, Tonopah Solar Energy’s facility will supply approximately 480,000 megawatt hours annually of clean, renewable electricity – enough to power up to 75,000 homes during peak electricity periods utilizing its innovative energy storage capabilities.

The project will utilize the advanced molten salt system technology from United Technologies Corp. (UTC), the diversified technology company headquartered in Connecticut. SolarReserve holds the exclusive worldwide license for this technology. This groundbreaking technology features efficient energy storage inherent in the technology design that can provide electricity reliably during peak demand periods to meet utility requirements whether the sun is shining or not.

Expected to break ground by the end of 2010, the project will create as many as 450 construction jobs for Nevada during the two-year construction period. It will employ 45 permanent operations staff and will have an annual operating budget of more than $5.0 million, with the majority of that budget spent in the region. In addition, up to 4,000 indirect jobs would be created through the use of locally based suppliers and service providers. The project will generate sales and property tax revenue estimated at more than $40 million over the project operating period. The project also supports SolarReserve and suppliers’ design, development, and engineering staffs with more than 100 engineers working to further U.S. developed solar energy technology for potential export around the world.

“The Tonopah project is a significant step in the advancement of clean and reliable solar power for the United States and Nevada and will be a catalyst for new technology manufacturing in the region,” said Kevin Smith, SolarReserve’s Chief Executive Officer. “We are extremely pleased to be working with NV Energy and look forward to the opportunity to work together on additional projects in the future. In addition, we are grateful for all of the support from Senator Harry Reid and other members of the Nevada delegation. We also appreciate Air Force Secretary Michael Donley directing the Scientific Advisory Board to carry out a thoughtful study and the Air Force’s decision to allow this project near Nellis Air Force Base to move ahead.”

NV Energy’s President and CEO Michael Yackira said his company is taking major steps in continuing Nevada’s leadership in the development of renewable energy. “The energy storage characteristics were a key factor in our selection of the Tonopah Solar Energy project and provide a showcase for U.S. technology development in Nevada.”

The long-term agreement stems from NV Energy’s 2008 Request for Proposals for renewable energy. It requires the approval of the Public Utilities Commission of Nevada and will be included in the company’s Integrated Resource Filing slated for Feb. 1, 2010.

Solar Industry Leader Amonix Names SunEdison Co-Founder Brian Robertson CEO

SEAL BEACH, Calif.--(BUSINESS WIRE)--The Board of Directors of Amonix, Inc., the best choice for utility-scale solar power in hot and dry climates, announced today that it has named Brian Robertson Chief Executive Officer. Robertson succeeds Vahan Garboushian in that role. Garboushian, who founded the company more than 20 years ago, continues as its Chief Technology Officer and Chairman.

Robertson joined Amonix through the company’s acquisition of Sunworks Solar, LLC, a solar manufacturing plant developer he co-founded. Previously, Robertson co-founded and was president of SunEdison, North America’s largest solar energy services provider. SunEdison was acquired by MEMC in November 2009. Robertson is a graduate of MIT with a degree in Computer Science and has an MBA from Harvard Business School.

“Demand for utility-scale solar power is increasing rapidly around the world and with our CPV industry-leading 15 years’ experience with successful deployments in real-world conditions, Amonix is uniquely positioned to drive growth,” said Garboushian. “Brian is one of a handful of solar industry executives with deep experience leading field-tested solar companies, and he is the right person at the right time to take Amonix to the next level.”

Added Robertson, “It is rare to have a second chance to make a real difference in the same industry. The solar industry is maturing and segmenting. For utilities to meet and exceed their energy portfolio requirements takes the right technology for the right application. The Amonix technology is unparalleled for utility-scale solar in hot and dry climates. It is a great place to be as the industry evolves to the next stage.”

Solar Energy Initiatives, Inc. Announces Strategic Photovoltaic Collaboration with the Industrial Technologies Research Institute (ITRI) Taiwan

POINT VERDA BEACH, Fla.--(BUSINESS WIRE)--Solar Energy Initiatives, Inc. (OTCBB: SNRY) and the Industrial Technology Research Institute (ITRI) Taiwan announced a broad business and technical collaboration agreement to build, integrate, test and commercialize a series of new solar products and solutions.

Worldwide, the solar PV market is expected to reach $34 billion by 2013. The United States economic stimulus bill, signed into law in February 2009, is providing billions of dollars through the U.S. Department of Energy (DoE) for renewable energy investment in U.S. companies, including those engaged in solar energy development and manufacturing. ITRI is established as a clear leader in offering independent technology development services to the Solar Industry, operating state-of-the-art facilities in Hsinchu, Taiwan. In collaboration with Solar Energy Initiatives, ITRI will integrate the technologies into world class products in such solar solutions as LED Lighting, Silicon Solar Cell Products, Si Thin Film Solar Cell, Module Encapsulation, Dye-Sensitized Solar Cell and Printable CIGS.

“The collaboration agreement signals the intent of both companies to establish an accelerated growth platform for the industrialization of ITRI’s patented solar technology into the North American Market,” said, Mr. Robert Pimentel, Business Development Director of ITRI. “SNRY will be instrumental in the sales and distribution of our award winning patented technologies that will have the ability to generate significant revenues for SNRY. It is ITRI’s mission to develop advanced solar photovoltaic technologies and to commercialize them in a timely manner and to enhance the competitiveness of Taiwan’s solar industry."

“Our extensive strategic agreement with ITRI includes the building of a world-class Solar Energy Website, the development of a Solar Energy University ELearning Certification Platform and providing cutting-edge solar products and solutions in North America,” commented, Mr. David Fann, CEO of Solar Energy Initiatives. “SNRY and ITRI will jointly pursue global Tender and RFQ projects together. Under this agreement ITRI will supply Engineering and Technology Support and SNRY will manage all sales and integration services. Our agreement with ITRI has the ability to significantly impact both our bottom and top line growth throughout the remainder of our 2010 fiscal year and beyond."

First Solar and NRG Energy Open Largest Solar PV Power Plant in California

PRINCETON, N.J.--(BUSINESS WIRE)--First Solar, Inc. (Nasdaq: FSLR) and NRG Energy, Inc. (NYSE: NRG) today announced the start of commercial operation for the largest photovoltaic (PV) solar project in California. First Solar developed and built the 21-megawatt (MW) power plant in Blythe, Calif., which was acquired last month by NRG through its wholly owned subsidiary NRG Solar. Electricity generated by the solar facility is being sold to Southern California Edison (SCE) under a 20-year power purchase agreement.

Located in Riverside County about 200 miles east of Los Angeles, the Blythe plant is the largest thin film PV project in the United States and is five times the size of the next largest PV project in California. NRG estimates that at peak capacity, the project can supply the power needs of almost 17,000 homes while helping California meet its renewable energy goals. Approximately 175 people built Blythe during its three-month construction and installation period.

“It is no surprise that America’s largest thin film solar project was built right here in California, where my Administration has successfully created a climate where green businesses can thrive,” said California Governor Arnold Schwarzenegger. “It is forward-thinking businesses such as First Solar that will help California reach its nation-leading greenhouse gas reduction and Renewable Portfolio Standard goals, as well as create the new green jobs that will help spur our economic recovery.”

“Solar is the great untapped resource in California, and we are pleased to be part of this significant milestone for solar development in our state,” said Marc Ulrich, SCE vice president, Renewables and Alternative Power. “Bringing this power to the grid helps SCE maintain its position as the nation’s leading utility for renewable energy.”

“California, as it has in many arenas, is leading the way in encouraging large-scale clean energy sources,” said David Crane, NRG Energy President and CEO. “NRG, through our association with pioneers like First Solar and forward-thinking companies like SCE, seeks to help clean our air while stocking our country’s clean energy economic growth through commercial implementation of solar technology.”

First Solar expanded its offerings in California in 2008. The Blythe plant is a model for First Solar’s future large-scale solar developments. “The development, project finance and construction of this solar plant demonstrate First Solar’s capabilities in utility scale projects,” said Bruce Sohn, president of First Solar. “With a three-month build-out, we are pleased to be bringing it online ahead of schedule.”

Using First Solar’s industry-leading thin film PV panels that convert sunlight directly into electricity with no water consumption during operation, the Blythe plant will generate over 45,000 megawatt-hours of clean, affordable, sustainable electricity per year. This solar generation will avoid approximately 12,000 metric tons of carbon dioxide emissions annually – the equivalent of taking over 2,200 cars off the road. First Solar will provide operations and maintenance services at Blythe under a long-term contract with NRG.

First Solar and EDF Energies Nouvelles in Exclusive Talks with Blanquefort

BORDEAUX, France--(BUSINESS WIRE)--First Solar, Inc. (Nasdaq: FSLR) and EDF Energies Nouvelles (Euronext: EEN) on Monday announced that they are in the final stages of exclusive negotiations with the town of Blanquefort, near the city of Bordeaux, to locate a new solar panel manufacturing plant.

The plant, co-financed by First Solar and EDF Energies Nouvelles (EDF EN), will be operated by First Solar and sell its entire production of innovative, thin-film photovoltaic panels to EDF EN for its first 10 years of operation. Construction is expected to begin in the second half of 2010 and a full production capacity of more than 100 megawatts (MW) a year is to be reached in early 2012.

The plant is expected to create up to 400 jobs in the region of Aquitaine and represent a total investment of approximately €100 million ($150 million1). The decision to focus on Blanquefort for the manufacturing plant follows an extensive review of potential sites throughout the country. First Solar and EDF EN expect to finalize all remaining agreements in the coming weeks.

First Solar and EDF EN believe that France will become a major market for solar electricity in Europe thanks in large part to forward-looking French solar policies.

“Blanquefort is the ideal location for our second manufacturing facility in Europe and producing there will bring us closer to the French solar market, which we believe has the potential to become one of Europe’s brightest,” said Rob Gillette, Chief Executive Officer of First Solar. “We look forward to deepening our relationship with France. Aquitaine has impressed us with its passion, excellent infrastructure and highly skilled workforce.”

“EDF Energies Nouvelles is very proud to see the achievement of a key milestone in this strategic partnership with First Solar. Securing a competitive supply of modules will allow us to optimize and speed up the deployment of our ambitious French solar program,” said David Corchia, Chief Executive Officer of EDF Energies Nouvelles. “We also believe that this will be a key catalyst in the development of a strong solar industry in France.”

First Solar’s manufacturing site will also include a facility for recycling solar panels, France’s first such facility. First Solar operates the solar industry’s first comprehensive, pre-funded collection and recycling program to encourage the recovery of its panels and re-use of materials.

Trina Solar Announces the Inauguration of Europe's Largest Photovoltaic Rooftop System

CHANGZHOU, China, Dec. 17 /PRNewswire-Asia-FirstCall/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, today announced the inauguration of the largest rooftop solar system in Europe with a capacity of 40MW.

The rooftop solar system was built for a global logistics service provider with headquarters in Antwerp, Belgium. The installation has been completed with solar modules supplied by Trina Solar under a previously announced sales agreement between the Company and Invictus NV ("Invictus"), a Belgian company, partner of the Benelux TEC Servicegroup. The solar system is expected to be fully operational by end 2009 and represents an investment of 166 million euro. The installation has a positive influence on the environment with a decrease of CO2 emissions of 17,000,000 kg and supplies the average annual consumption of energy for approximately 14,000 families.

"We are very pleased to partner with Invictus on the successful installation of the largest rooftop solar system in Europe," remarked Arturo Herrero, Vice-President of Special Key Accounts of Trina Solar. "We are delighted that Trina Solar's modules were selected for this landmark achievement by our customer Invictus, with whom we are working closely in Belgium as well as in other European countries as PV installations continue to expand in the region."

Jan Van der Henst, Chief Executive Officer of Invictus stated, "We are delighted to partner with Trina Solar to complete this significant project. Combined with Trina Solar's high quality premium performance modules and excellent customer service, the fulfillment of this project once again demonstrates the knowhow and experience of Invictus in the realization of mega projects in the field of photovoltaic installations."

Invictus hosted a one-day inauguration celebration onsite in Antwerp on December 5, 2009. The event was attended by the Belgian Minister-President, customers, suppliers and management members from Trina Solar.

Wells Fargo Finances 1-Megawatt SunPower Solar Power System at UC Merced

SAN FRANCISCO and SAN JOSE, Calif., Dec. 17 /PRNewswire-FirstCall/ -- Wells Fargo (NYSE: WFC) and SunPower Corp. ( SPWRA, SPWRB) today announced that financing has been completed on the 1-megawatt solar power system commissioned last month at the University of California, Merced. SunPower financed the system with Wells Fargo through a $100 million sale leaseback financing program announced by the companies in June of this year.

"SunPower offers high performance solar technology and financing expertise that helps customers maximize savings on their electricity expenditures," said Mac Irvin, managing director of SunPower's structured finance group. "Our relationship with Wells Fargo expands our customers' project finance options and streamlines the implementation of clean, renewable solar power for SunPower's large commercial and public customers throughout the U.S."

Under the financing program used for the UC Merced system, SunPower enters into power purchase agreements with qualified customers, and Wells Fargo finances the solar power systems that SunPower designs, builds, operates, and maintains. Customers hosting the systems buy the electricity from SunPower at prices that are competitive with retail rates, providing them with a long-term hedge against rising power prices and the ability to take advantage of the environmental and financial benefits of solar power with no initial capital investment.

The system at UC Merced is expected to produce two-thirds of the campus' electricity on summer afternoons and 20 percent of its annual electricity needs through the use of net-metering. According to conversion formulas provided by The Climate Registry, the system is expected to avoid more than 45 million pounds of carbon dioxide emissions over the next 30 years. That is equivalent to the emissions displaced from removing more than 3,600 cars from California's roads. Under the terms of the power purchase agreement, UC Merced will be entitled to all environmental attributes and associated reporting rights associated with the system.

The system uses SunPower solar panels, the most efficient solar panels on the market, with the SunPower T20 Tracker® system. The Tracker follows the sun's movement during the day, capturing up to 30 percent more sunlight than conventional fixed-tilt systems, while significantly reducing land use requirements.

SunPower has more than 550 large public and commercial solar power systems installed or under contract, representing more than 450 megawatts of solar power generation.

LDK Solar Announces Signing of an Indicative Term Sheet for a Minority Stake in Its Polysilicon Production Plants

XINYU CITY, China and SUNNYVALE, Calif., Dec. 17 /PRNewswire-FirstCall/ -- LDK Solar Co., Ltd. ("LDK Solar") (NYSE: LDK), a leading manufacturer of solar wafers, today signed an indicative term sheet with VMS Investment Group Ltd. and its affiliates, or the "Investors," pursuant to which the Investors have agreed to subscribe between $50 million to $80 million aggregate amount of redeemable and convertible preference shares of the Cayman Islands subsidiary, which is to be created to hold and operate LDK Solar's polysilicon business, valuing the entity at $1.30 billion to $1.65 billion. The transaction will require a reorganization of LDK Solar's polysilicon business through which the assets and liabilities relating to the polysilicon business would be assumed by the newly created subsidiary, which will be wholly owned by LDK Solar. The terms of the securities have a two year maturity and are convertible at the option of the holders at a conversion ratio that includes an investment internal rate of return. The investment is expected to close by the end of March 2010. The transaction contains customary conditions to closing.

"We look forward to working with VMS Investments on potential strategic alternatives with our polysilicon business. VMS Investments is very knowledgeable about the sector and shares our view of the importance of polysilicon in the PV value chain," said Xiaofeng Peng, Chairman and CEO of LDK Solar. "I am delighted to have them as a partner."

First Solar Announces 2010 Guidance and Capacity Expansion Plans

TEMPE, Ariz.--(BUSINESS WIRE)--First Solar Inc. (Nasdaq: FSLR) today announced 2010 financial guidance and plans for the addition of eight production lines at its manufacturing center in Kulim, Malaysia starting production in first half 2011.

Fiscal year 2010 net sales are projected to be $2.7 to $2.9 billion, with EPS of $6.05 to $6.85. The Company plans to invest $365 million of capital to add two production plants, consisting of four manufacturing lines each. This expansion is expected to increase First Solar’s annual capacity by 424 megawatts (MW), assuming the third quarter 2009 reported annual line run rate of 53 MW.

“First Solar is expanding capacity to satisfy a global contracted and advanced pipeline of over six gigawatts (GW) from 2010-2012,” said Rob Gillette, First Solar chief executive officer. “In 2009 we increased our contracted North American pipeline by approximately 1.5GW, expanding our penetration in transition markets. This drives further capacity needs around a demand pool that is less volatile and more predictable than the traditional feed in tariff-based markets.”

With the announced expansion in Malaysia and the previously announced two-line factory in France, First Solar expects to add 10 production lines during 2010 and 2011, increasing capacity by over 48% from current levels, bringing First Solar’s annual or announced production capacity to approximately 1.8GW based on current production levels.

In 2010, First Solar forecasts net sales of $2.7 to $2.9 billion. Consolidated gross margins are expected to be 38% with operating margins at 23-24%, influenced by a mix shift to the systems business, which includes $0.6-0.8 billion of EPC/project development. Start-up expenses associated with the Malaysian expansion are projected to be approximately $25 million, and stock-based compensation is projected to be $95 to $105 million. Other assumptions include a tax rate of 15%, annual blended euro exchange rate of $1.38 (based on a 2010 spot rate of $1.40/Euro), and diluted shares outstanding of 86 to 87 million. EPS is projected in the range of $6.05 to $6.85. Total capital spending is projected to range from $500 to $550 million, including the Malaysian expansion. As a result, the Company expects to generate $730 to $790 million of operating cash flow and $180 to $290 million of free cash flow.

The Company has posted a presentation describing this guidance, including additional details regarding the key assumptions relating to this guidance, on the Investor section of its website at www.firstsolar.com. The guidance will also be discussed in a live audio webcast beginning today at 4:15 p.m. ET. Please visit www.firstsolar.com to access the webcast.

KYOCERA Solar Modules Supply Approx. 40 MW at Large-Scale Solar Power Plants in Spain

KYOTO, Japan--(BUSINESS WIRE)--Kyocera Corporation (President: Tetsuo Kuba)(NYSE:KYO)(TOKYO:6971) today announced that it has supplied roughly 190,000 solar modules, equivalent to approximately 40 megawatts (MW), for two newly completed large-scale solar power plants in Spain.

Kyocera supplies its high-efficiency multicrystalline solar modules to Avanzalia — a renewable energy company and one of the leaders in promoting, constructing and capitalizing on large-scale solar power plants in Spain. Recently, Avanzalia has inaugurated two new solar power plants in the Castile-La Mancha region of central Spain: Dulcinea in Cuenca, and Don Quijote in Ciudad Real. Kyocera modules, equal to 39.3MW, have been installed and are currently operating, providing clean energy from the power of the sun.

Kyocera was selected for these projects due to the high conversion efficiency of its multicrystalline cells, the long-term reliability of its modules, and the company's ability to provide a stable supply in large quantities. The power generated from these two solar plants combined provides enough electricity for approximately 17,700 average households in Spain, with the solar modules covering a total area of 338,581m².

Planta Solar de Dulcinea

Total output: 31.8MW*

Installation area: approx. 230,324m²

Equivalent residential power use: 11,938 homes

CO2 reduction: 15,018 tons/year

*Kyocera modules: 28.8MW

Quantity & type of modules: 140,426 total (71,654 200W type; 11,088 205W type; 57,684 210W type)

Planta Solar de Don Quijote

Total output: 15.5MW*

Installation area: approx. 108,257m²

Equivalent residential power use: 5,741 homes

CO2 reduction: 7,222 tons/year

*Kyocera modules: 10.5MW

Quantity & type of modules: 50,004 total (54 200W type; 49,950 210W type)

By taking advantage of the feed-in-tariff system provided by the Spanish government, Avanzalia, in-line with government policies, is aiming to create an ideal environment for solar power use. Kyocera, which started its solar energy business in the wake of the first oil crisis in 1973, has been developing and advancing solar energy technology since 1975; with the strong belief that solar energy will contribute to the development of humankind and society. With a similar business rationale, Avanzalia began installing Kyocera's modules in 2005.

On November 18, 2009 a commemorative ceremony was held to mark the installation and start of operation of the Dulcinea plant and Don Quijote plant. Kyocera and Avanzalia were both in attendance, pledging that though solar power they would strive to build a green energy society.

Meeting the Needs of the Market

In order to build the infrastructure to support targets of producing 650MW/year of solar cells by March 2012, Kyocera is planning to start operation of a newly constructed solar cell production plant in Japan in spring of 2010. Furthermore, to meet the needs of the 4 main markets (Japan, Europe, North America and China), Kyocera will continue to expand production capability at its 4 regional solar module assembly plants located in Japan, Czech Republic, Mexico and China. Even with this large global production system, Kyocera maintains reliable manufacturing technology and strict internal inspections to ensure high-quality products.

For more information about Kyocera Solar Energy: http://global.kyocera.com/prdct/solar/

Solar Energy Initiatives, Inc. Announces First Quarter 2010 Conference Cal

PONTE VEDRA BEACH, Fla.--(BUSINESS WIRE)--Solar Energy Initiatives, Inc. (OTCBB:SNRY), executing on a grass roots campaign, "RENEW THE NATION", to help redeploy a portion of the U.S. work force and focus on reducing the world’s dependence on fossil fuels by selling solar thermal and photovoltaic (PV) technologies, announced that the Company will host a conference call on Friday, December 18, 2009 at 11:00 a.m. Eastern Standard Time to discuss the Company's First Quarter 2010 Financial Results.

Conference Call Details

Date: Friday, December 18, 2009

Time: 11:00 a.m. (EST)

Dial-in Number: 1-877-941-4775

International Dial-in Number: 1-480-629-9761

Conference Call

If calling within the United States please dial 1-877-941-4775 or if calling internationally, please dial 1-480-629-9761 approximately 5 to 10 minutes prior to 11:00 a.m. (EST) start time. Participants should ask for the Solar Energy Initiatives First Quarter 2010 Financial Results conference call. There will be a playback available until December 25, 2009. To listen to the playback, please call 1-800-406-7325 if calling within the United States or 1-303-590-3030 if calling internationally. Please use the pass code 4194863 for replay.

A live audio webcast of the conference call will also be available at www.solarenergy.com.

SolarCity Appoints David White Chief Financial Officer

FOSTER CITY, Calif.--(BUSINESS WIRE)--SolarCity®, a national leader in solar financing, design, installation, monitoring and related services, today announced that David White has joined the company as chief financial officer. White will oversee SolarCity’s finance and accounting functions, and brings more than 20 years of executive-level financial management experience to his role. White joins SolarCity in a time of increasing growth. The company recently passed the 5,000 customer mark in scarcely more than three years of operation, and continues to expand despite the broader recession. Earlier this week, SolarCity introduced service in Colorado and plans to expand to five additional states in 2010.

“David White has extensive experience managing large companies through periods of rapid growth,” said Lyndon Rive, SolarCity’s CEO. “His considerable financial management experience is a perfect match for SolarCity’s next stage of development.”

White joins SolarCity from Hands-On Mobile, a global leader in mobile gaming, where he served separate stints as chief financial officer and CEO. Before joining Hands-On Mobile, White served as vice president of finance for Chiron Corporation, a publicly-traded, multi-national biotechnology company. Prior to Chiron, White served as vice president of finance for Cable & Wireless, a global telecommunications company, where he oversaw financial planning, reporting and analysis for all U.S. operations. White was also vice president of finance and chief accounting officer for Digital Island, a network hosting and content delivery company that he helped guide through an initial public offering in 1999. White has also held executive management positions at Coopers & Lybrand, Cigna and May Company Department Stores. He holds a bachelor’s degree from the University of California, Berkeley, and is a Certified Public Accountant.

“SolarCity’s unique value proposition — allowing homeowners to use clean power for less than they previously paid for electricity — has allowed it to grow in the midst of the worst recession of my lifetime,” said White. “SolarCity is one of the most exciting companies in the U.S., and I relish the opportunity to manage the company’s growth as it expands nationwide.”

One Block Off The Grid (1BOG) and groSolar Spread Green-Collar Cheer

SAN FRANCISCO, Dec. 16 /PRNewswire/ -- One Block Off The Grid (1BOG), the nation's largest solar group purchasing company, today announced the extension of the current Bay Area 1BOG campaign to coincide with a pilot green jobs partnership. Together with groSolar and local nonprofit Solar Richmond, through January 31, 1BOG is offering members who purchase solar a unique opportunity to sponsor a green-collar worker. The current Bay Area 1BOG solar campaign has been extended through January 2010 to support this pilot program with a special reduced rate of $5.53 per watt from installer partner groSolar.

Bay Area 1BOG members will now have a unique opportunity to support a graduate of Solar Richmond's green-collar jobs training program. The opt-in program will provide green-collar graduates with two days of hands-on training, assisting groSolar's expert crew with 1BOG solar installations. To participate, members pay a small, tax-deductible donation of $112, which both 1BOG and groSolar match.

1BOG, a subsidiary of Virgance, is rooted in social responsibility. Through 1BOG's proven model of harnessing community action to accelerate adoption of renewable energy, this green-collar pilot program aims to rapidly improve local employment rates, boost the region's economy and further solidify the Bay Area's environmental leadership position.

"Supporting green-collar job programs is a natural way for 1BOG to integrate philanthropy and community activism into our business model," said Dave Llorens, Co-Founder and General Manager at 1BOG. "By extending the Bay Area campaign and significantly reducing the group discount prices, 1BOG and groSolar can add value through solar for Bay Area homeowners as well as the broader community. We're excited to see the impact we can create through applying 1BOG's proven model for improving residential solar adoption to empower disadvantaged communities."

"groSolar's mission is all about building the green economy and a clean-energy future," said groSolar CEO Jeff Wolfe. "This partnership is a fantastic example of how the solar industry and community-based non-profits can work together to make the green economy a reality, while also developing the local workforce."

"We are giving solar customers the opportunity to create environmental and social value," said Michele McGeoy, Founder and Executive Director of Solar Richmond. "By partnering with 1BOG and groSolar, we are excited to be a part of 1BOG's community model in order to raise awareness of the importance of green-collar jobs as a way to increase economic opportunity."

San Francisco residents can sign up for the current 1BOG campaign, now extended to run through January 31, 2010. With groSolar as the installer, customers can take advantage of the partnership with Solar Richmond and promote green economic development. Customers can currently purchase solar for $5.53/watt. For more information or to sign up, visit 1BOG's San Francisco Bay Area solar campaign page.

Advanced Energy(R) Solaron(R) Inverters Commissioned on Colorado State University's 2 MW Solar Array

FORT COLLINS, Colo., Dec. 16 /PRNewswire-FirstCall/ -- Advanced Energy Industries, Inc. (Nasdaq: AEIS), today announced that its award-winning Solaron® photovoltaic inverters were commissioned on Colorado State University's (CSU) new, two megawatt solar power plant at its Foothills Campus. The Solaron products were selected for the new facility because of their record-setting efficiency rating as well as the company's reputation for highly reliable products, service and support.

The 15 acre site is expected to be one of the largest solar installations at a U.S. university and is projected to produce more than 10 percent of the electricity required to power the Foothills Campus. The project is the result of a unique, public-private partnership between CSU, Fotowatio Renewable Ventures (FRV), a premier independent power producer, and Xcel Energy, a leading regional utility supplier. AMEC, an international engineering and project management company, is constructing the solar array. The facility started producing power in early December and is expected to be fully commissioned early in 2010.

Dr. Hans Betz, president and CEO of Advanced Energy, noted, "We're proud to be working with these leading companies developing solar energy solutions to deliver clean, renewable energy to the Foothills Campus. We are confident that by delivering the highest efficiency available, our Solaron inverters will provide the maximum power harvest and the lowest levelized cost of energy (LCOE). CSU's leadership in renewable energy is a great example for other universities and businesses across the country."

For more information on Advanced Energy's Solaron inverter solutions, please visit www.aesolaron.com.

LDK Solar Partners With GPR-SBTFC for Developing and Constructing 100 MW of PV Plants in Europe in 2010

XINYU CITY, China and SUNNYVALE, Calif., Dec. 16 /PRNewswire-FirstCall/ -- LDK Solar Co., Ltd. (NYSE: LDK), a leading manufacturer of multicrystalline solar wafers, announced today that it has signed an agreement with Global Power Resources Ltd. (GPR), a company limited by shares which is held by SBTFC Holding Ltd., to develop and construct PV plants totalling 100 megawatts (MW) in 2010.

LDK Solar will provide engineering, procurement, construction services and supply the solar modules. GPR will acquire the final ownership of the PV plants.

The targeted 100MW of PV plants is expected to be completed by the end of 2010.

The project pipeline, which will be carried out by LDK Solar, will involve all the European countries currently participating in national feed-in tariff subsidies, such as France, Germany, Italy and Spain.

"Our activities in Europe have been rapidly expanding and are progressing in line with our strategic plan," stated Xiaofeng Peng, Chairman and CEO of LDK Solar. "Industry participants value LDK Solar as a reliable partner for investing in the PV sector."

"We are pleased to announce this agreement with a world solar market leader such as LDK Solar. This partnership represents an important step in our strategy of expanding our ownership of PV plants in Europe," commented Professor Eliyahu Kelman, Chairman of GPR.

eSolar Welcomes New CEO John Van Scoter

PASADENA, Calif.--(BUSINESS WIRE)--eSolar, a leading producer of modular, scalable concentrating solar thermal power technology, today announced the appointment of John Van Scoter as Chief Executive Officer. Mr. Van Scoter brings 25 years of experience in the development and implementation of global market strategies for emerging technologies. He joins eSolar as the company matures from pioneering start-up to global market leader.

“John has a proven track record and invaluable expertise in bringing innovative technologies up through the business lifecycle,” said Bill Gross, founder and chairman of eSolar. “With our first plant online and key partnerships in place, eSolar is ready for its next phase of commercial growth and John is the best person to lead that effort. His previous work illustrates a successful formula that identifies winning technologies, develops them on a global scale, and cultivates close customer/partner relationships. John is a perfect match for eSolar as we transition to mainstream adoption.”

Throughout his 25-year career at Texas Instruments, Mr. Van Scoter led several successful initiatives, most notably as Senior Vice President of the Digital Light Processing (DLP) product division, where he led product commercialization and the growth to profitability.

In the past year, Mr. Van Scoter developed Texas Instruments’ Alternative Energy Strategy, providing semiconductor solutions for smart grid/meter, solar, wind, and energy harvesting markets. Mr. Van Scoter successfully transitioned new technologies through building new partner and customer relationships and executing large-scale global projects.

“For two decades, I’ve helped promising new technologies thrive beyond the realm of R&D to make an impact on how the world operates,” Mr. Van Scoter said. “As we look for new and more efficient ways to meet growing energy needs, eSolar offers a cost-effective, highly reliable solution. I’m extremely excited to join eSolar and lead the next wave of hyper-growth.”

Mr. Van Scoter will join eSolar’s Board of Directors immediately and will begin his role as CEO on February 1, 2010. He holds a Bachelor’s degree in Mechanical Engineering from the University of Vermont and has completed advanced courses at both Harvard University and the Wharton School of the University of Pennsylvania. He also serves on the board of Tyco Electronics.

Solar Energy Initiatives, Inc. Announces First Quarter 2010 Financial Results

PONTE VEDRA BEACH, Fla.--(BUSINESS WIRE)--Solar Energy Initiatives, Inc. (OTCBB:SNRY), executing on a grass roots campaign, “RENEW THE NATION”, to help redeploy a portion of the U.S. work force and focus on reducing the world’s dependence on fossil fuels by selling solar thermal and photovoltaic (PV) technologies, today announced that it has recorded $1.0 million in revenue for the quarter ended October 31, 2009. This represents a 321% increase in year-over-year revenue.

“Solar Energy Initiatives believes that the Company has established a strong foundation for significant near-term growth,” said David Fann, CEO of SNRY. “During the quarter we achieved several milestones including; expanded our project pipeline to over $100 million in total value - announced several near term solar installations - signed a significant financing and joint marketing agreement with a municipal financial services company that guarantees our solar solutions will be marketed exclusively to over 100,000 municipalities - and completed improvements to the solar academy division, which we are confident will stimulate further growth in our dealer network. Based on our growth opportunities for 2010 we added several key employees that have already contributed to SNRY’s progress.”

First Quarter 2010 Operational Highlights

• Announced a Financing and Joint Marketing Agreement with a Municipal financial services company located in the Western U.S.

• The agreement states that the financial services institution will exclusively market Solar Energy Initiatives solar solutions to over 100,000 municipalities.
• Additionally, the financial institution will have the ability to provide project based financing for any contract that it brings to SNRY.

• Signed a Letter of Intent to assume a $1.7 million turn-key solar project and contract to supply the Gainesville Regional Utilities with solar electricity.

• As the project developer for the solar project, Solar Energy Initiatives will supply the solar equipment and balance of system.
• Installation of this project is expected to begin immediately with completion scheduled for January, 2010.

• Announced the hiring of Mr. Thomas A. Polich, Esq. who has joined the senior management team as Chief Operating Officer.

• Mr. Polich will be responsible for execution of strategic development of distribution and sales networks and solar power projects.

2010 First Quarter Financial Results

For the three months ended October 31, 2009, SNRY recorded revenues of $1,011,950, compared to $240,115 for the period ending October 31, 2008. Revenues for this quarter reflect dealer training, a municipality project and sales of solar systems and equipment.

For the three months ended October 31, 2009 our Cost of Goods Sold were $750,416, resulting in a gross profit from operations of $261,534, compared to $72,638 and $167,477 for the period ending October 31, 2008 respectively.

Selling, general and administrative (“S, G & A”) expenses for the three months ended October 31, 2009 were $1,208,378 compared with $1,037,104 for the same period ending October 31, 2009.

Net loss was $993,296 for the three months ended October 31, 2009 compared with $868,984 for the period ending October 31, 2008. The net loss primarily reflects the Company’s expenses relating to business activities that have been incurred ahead of our ability to recognize material revenues from our business plan.

As of October 31, 2009, Solar Energy Initiatives had total assets of $2.8 million, an increase of 55% compared to total assets of $1.8 million at October 31, 2008.

"Management intends to leverage its relationships that provide commercial contracts and project financings, while at the same time continuing to drive traffic to our leading website to increase dealers," continued Mr. Fann. “As we move forward we will continue to execute on our established business model in order to increase earnings, expand our geographic footprint and achieve our overall goal of improved shareholder value. As we work to convert several of the projects in our pipeline we expect to have a significantly stronger second quarter.”

Conference Call

Solar Energy Initiatives will host a conference call on Friday, December 18, 2009 at 11:00 a.m. Eastern Standard Time to discuss the Company's financial and operational results for the First Quarter 2010. If calling within the United States please dial 1-877-941-4775 or if calling internationally, please dial 1-480-629-9761 approximately 5 to 10 minutes prior to 11:00 a.m. (EST) start time. Participants should ask for the Solar Energy Initiatives First Quarter 2010 Financial Results conference call. There will be a playback available until December 25, 2009. To listen to the playback, please call 1-800-406-7325 if calling within the United States or 1-303-590-3030 if calling internationally. Please use the pass code 4194863 for replay.

A live audio webcast of the conference call will also be available at www.solarenergy.com.

Shimadzu Supports Growing Solar Industry with Testing Instruments for Photovoltaic Research and Manufacturing

COLUMBIA, Md.--(BUSINESS WIRE)--Shimadzu Scientific Instruments offers testing solutions for photovoltaic manufacturing processes and research and development that contribute to higher conversion efficiencies, reliability and yields from solar cells.

Shimadzu’s comprehensive line of analytical instruments can evaluate materials, as well as provide quality control for photovoltaic cells and modules during the manufacturing process. This includes testing of first, second and third generation photovoltaic cells created from silicon and non-silicon material such as polycrystalline silicone and dye-sensitized/organic thin films. Applications of Shimadzu’s universal testers and thermal analyzers include:

• Bending testing of thin silicon wafers
• Adhesive film peeling testing
• Strength and tensile fatigue testing of materials for flexible printed circuits
• Thermal expansion testing of glass and films.

For cell process evaluation, Shimadzu’s spectrophotometers, spectrometers, high-performance liquid chromatographs and single nano particle size analyzers can be used in some of the following applications:

• Evaluation of reflectance and transmission in UV, visible and NIR ranges
• Analysis of chemical bonding and status in surface/depth directions and composition analysis of films and buffer layers
• Composition analysis or organic compounds
• Particle size and particle size distribution measurements on nano-order titanium oxide particles.

Shimadzu’s X-Ray fluoroscopy systems, universal testers, rheometers and thermal analyzers play a role in module process evaluation for:

• Evaluating electrode joints
• Peeling and tensile testing of EVA film sealant
• Module load testing and module bending testing
• Rheological evaluation of sealing films
• Water permeation measurements on sealing films.

For more information on Shimadzu’s instruments for photovoltaic manufacturing and research and development, download “Contributing to the New Age of Energy Generation” at www.ssi.shimadzu.com/solar.

Alamosa High Flips Switch on 8 MW Solar PV System

ALAMOSA, Colo.--(BUSINESS WIRE)--Senator Gail Schwartz of Colorado, School Superintendent Robert Alejo, and Mayor Kathy Rogers, today celebrated the activation of the 835 (kW) DC solar photovoltaic power system at Alamosa High School. The solar system will be used to provide a portion of the power needs for the school district over the next 20 years. SunEdison, a subsidiary of MEMC Electronic Materials (NYSE: WFR), and North America’s largest solar energy service provider, financed and built the system at no upfront capital cost to the school system. The solar power array will produce over 27 million kilowatt hours of electricity over 20 years. That is enough energy to power over 2,600 homes for one year.

"I'm excited to see SunEdison’s innovative partnering with our schools," said Senator Gail Schwartz. “The money saved on electric bills will go where it is really needed: back into the classrooms. As environmentally responsible companies like SunEdison help develop our solar industry here in Colorado, we all benefit."

Kathy Rogers, Mayor of Alamosa, stated, “The venture between Alamosa Schools and SunEdison is a clear indicator of our shared vision as a progressive community. This public – private partnership will provide cost savings and a learning opportunity for our students. This is another positive step forward for Alamosa.”

Alamosa School Superintendent Robert Alejo commented, “This project makes Alamosa High School one of the largest public schools in Colorado to utilize solar energy. Our school district is proud to be one of the State’s premier users of renewable energy.”

Alamosa also has one of the nation’s largest solar PV ground-mount systems, an 8.22 MW system that covers an area equivalent to eight footballs fields. This facility was also financed, built, and now operated and maintained by SunEdison.

Rick Gilliam, VP of Government Affairs for SunEdison added, “We are honored to support the community of Alamosa as a model and living laboratory for solar power.”

ICP signs LOI for stake in German Solar Park

MONTREAL--(BUSINESS WIRE)--ICP Solar Technologies Inc. (OTCBB:ICPR) (FWB:K1U), a developer and marketer of innovative, proprietary solar panels and products, announces that as part of its 2010 growth strategy, ICP Solar plans to enter the lucrative solar energy utility sector which is gaining significant momentum in North America and abroad. ICP announced today that as a first step in its new strategic direction, it has entered into a binding LOI (“LOI”) with EPOD Erneuebare Energien, (“EEE”) to acquire a 9% stake in its wholly owned subsidiary, Volkersleier GmbH & Co-KG, a 730kw producing photovoltaic solar facility, located in Volkersleier, Germany, with an option for ICP to buy the remaining stake in Volkersleier; additional terms are outlined in a Form 8K to be filed with the SEC.

ICP Solar intends to leverage its retail relationships for roof tops in the Ontario, Canada market. ICP Solar will also continue its financing efforts as part of its overall strategy.

“ICP Solar’s new strategic direction is exciting and should allow us to attain significant growth,” said Sass Peress, CEO. “The solar energy industry is expected to grow at a compounded annual growth rate of 39% and reach approximately $100 billion by 2013. ICP Solar plans to position itself to benefit from this growth and add to shareholder value. The growth which will come as a result of this new direction will also help the consumer products division in enhancing its supply chain through larger solar equipment purchases in the future.”

LDK Solar Signs Module Supply Contract With Enfinity

XINYU CITY, China and SUNNYVALE, Calif., Dec. 14 /PRNewswire-FirstCall/ -- LDK Solar Co., Ltd. (NYSE: LDK), a leading manufacturer of solar wafers, announced today that it has signed a contract to supply solar modules to Belgium-based Enfinity. Under terms of the agreement, LDK Solar will deliver approximately 50 megawatts (MW) of solar modules to Enfinity in 2010.

"We are very excited to expand our relationship with Enfinity," stated Xiaofeng Peng, Chairman and CEO of LDK Solar. "This new module sales contract with Enfinity reflects the growing interest and demand for our quality module products from European customers."

"We are very pleased to secure LDK Solar's quality modules, the contract reflects one quarter of our total demand for 2010," stated Gino Van Neer, Board member of Enfinity. "We look forward to further cooperation with LDK Solar as we continue to build our leadership presence in the renewable energy sector."

Energy Conversion Devices Announces 3 Megawatt Rooftop Solar Project in Spain

ROCHESTER HILLS, Mich., Dec. 14 /PRNewswire-FirstCall/ -- Energy Conversion Devices, Inc. (ECD) (Nasdaq: ENER), the leading global manufacturer of thin-film flexible solar laminate products for the building integrated and commercial rooftop markets, today announced it has signed an agreement with Endesa in Spain to install 3.0 MWp of UNI-SOLAR(®) photovoltaic (PV) laminates on the rooftops of two Coca-Cola Company buildings in Seville.

Through its wholly owned subsidiary, United Solar Ovonic, ECD will oversee construction of the rooftop system, which will consist of UNI-SOLAR laminates bonded to the Giscosa waterproofing system and applied directly on the roofs. The completed system will be owned and managed by Endesa. Construction will begin this quarter, with completion expected in the first half of calendar 2010.

Andreu Cladera, Product Manager PV of Endesa Spain said, "We are excited to partner with ECD and United Solar on our largest rooftop solar project to date. UNI-SOLAR laminates are the perfect product for the type of low-load bearing rooftops that exist all over Spain. Their ability to generate more electricity per rated watt compared to other types of solar products made it easier for us to secure project financing. Additionally, UNI-SOLAR is easy to install, enabling us to install and activate the system in just a few months, allowing a rapid return on our initial investment."

Mark Morelli, ECD's president and chief executive officer, said, "This agreement is an example of an early success with our approach to developing large projects. Endesa Spain has significant expertise in both electricity generation and distribution in Spain's rapidly evolving solar market. They understand the long-term importance of maintaining the roof's integrity using a product that doesn't make roof penetrations, as well as the financial benefits that our installations provide. We look forward to working with them on this and other projects in the future."

Buckman’s Ski and Snowboard Shops Go Green with Nearly 3,000 Roof-Mounted Solar Panels on Pottstown, PA Headquarters

POTTSTOWN, Pa.--(BUSINESS WIRE)--Buckman’s Ski and Snowboard Shops announced the construction of a 620 kilowatt solar energy system at their corporate headquarters in Pottstown, PA. Made up of nearly 3,000 roof-mounted solar panels, this system will convert sunlight into electricity and supply power to Buckman’s warehouse and production facilities. The project is being developed by one of Pennsylvania’s leading electrical construction and renewable energy firms, Metro-Tek Electrical Services.

The solar energy system will produce 700,000 kilowatt hours of electricity a year enabling Buckman’s to offset 850,000 pounds of carbon dioxide yearly which is equivalent to conserving over 40,000 gallons of gasoline annually. When completed, Buckman’s solar energy system will be one of the largest in Pennsylvania.

“Buckman’s is committed to environmental responsibility and we are thrilled that we have an opportunity to contribute to the sustainable energy future of all Pennsylvanians,” said Jeff Buckman, President of Buckman’s Ski and Snowboard Shops. “The economic and environmental benefits of our solar energy system clearly demonstrate the tremendous effect of Pennsylvania’s green energy legislation.”

By installing a renewable energy system, Buckman’s – which also has five ski and snowboard shops in the Philadelphia area – is contributing to the sustainable energy future of all Pennsylvanians. This system not only reduces strain on the power grid, but reduces the need for additional power generation by traditional utility companies, thereby lowering everyone’s electrical costs.

The environmental benefits are equally impressive. When completed, Buckman’s solar energy system will offset 850,000 pounds of carbon dioxide that would have been emitted as a result of traditional electrical generation. The system also reduces 6,000 pounds of sulfur dioxide, a chemical that – when produced by power plants – escapes into the atmosphere and mixes with water vapors. This forms sulfuric acid and falls to the ground as acid rain. Nearly 1,300 pounds of nitrogen oxides are eliminated as well, a pollutant that intensifies respiratory ailments such as asthma. For perspective, installing this solar energy system is equivalent to the environmental benefits of planting 2,600 trees each year or driving a million fewer miles.

Once the solar project is complete, Buckman’s also plans to install a wind turbine at its corporate offices and solar-powered heating systems at each of its ski and snowboard shops.

United Solar Ovonic Standardizes on Proficy Software to Strengthen Photovoltaic Module Manufacturing Capabilities

CHARLOTTESVILLE, Va.--(BUSINESS WIRE)--GE Intelligent Platforms, a unit of GE Enterprise Solutions, today announced that United Solar Ovonic (United Solar), a world leader in the manufacturing of flexible solar modules located in Rochester Hills, Michigan, has standardized on GE’s Proficy® software platform to reduce scrap, increase throughput and lower the cost of manufacturing thin-film photovoltaic laminates. The Proficy software, which includes Operations Management, HMI/SCADA and Reporting modules, will allow the company to improve the quality of its product while taking cost out of its operations.

The project is expected to cover operational manufacturing sites in Michigan, and the company’s Mexico assembly plant. United Solar expects the project to produce significant benefits over three years time with more than 80% of the benefit associated with quality improvements and scrap and waste reduction.

“The constraints posed by the worldwide dependence on oil has led the charge toward more renewable energy solutions and thin-film photovoltaic solar modules are state-of-the art in this industry,” said Erik Udstuen, Vice President of Software and Services for GE Intelligent Platforms. “Investing in manufacturing processes to increase their ability to meet those needs and taking costs out of operations, will propel United Solar in renewable energy, and help them to produce more sustainable products for the global marketplace. ”

United Solar, a wholly-owned subsidiary of Energy Conversion Devices, Inc. (ECD) (NASDAQ: ENER), builds integrated rooftop photovoltaics that are flexible, light weight, easy to install, durable, and provide excellent real-world energy production. Keeping up with one of the fastest growing segments of the solar power industry led the company to realize the need to implement a system that could address quality, throughput and sustainability issues in their manufacturing process.

United Solar began a very competitive evaluation process including multiple vendors, more than a year ago. Important to the company’s decision-making process was GE Intelligent Platforms’ expertise in solar photovoltaic manufacturing and the company’s adherence to the Microsoft technology stack of which United Solar is a big supporter, as well as GE Intelligent Platforms’ proven track record in both the Continuous and Discrete industries.

“Companies that participate in this fast growing solar industry, will differentiate themselves with high quality products at competitive pricing levels,” said Joe Conroy, Senior Vice President of Operations at United Solar. “Our goal in implementing this solution is to reduce scrap, increase throughput, gain greater visibility into material consumptions, reduce work-in-process and, ultimately, lower costs.“

“By better monitoring and controlling the production process,” Conroy continued, “we are improving quality and yield and therefore reducing the cost of modules produced.”

United Solar uses Proficy iFIX and Proficy Historian in all of the five current manufacturing sites today, and will be implementing the Proficy Operations Management suite including Proficy Plant Applications, Proficy DataMart, Proficy Workflow, and Proficy Scheduler. Proficy iFIX is used for process visualization and process alarm management providing the company a window into their process by displaying key process indicators along side animated process graphics. Proficy Historian records key process indicators for process optimization activities today. With the expansion of their use of additional software, Historian will be used to correlate relationships between KPIs and downtime events, OEE performance across manufacturing assets, waste /scrap and other process variables.

In addition, the Proficy Quality module will be used to insure all quality characteristics are checked during manufacturing as defined by product specifications, monitor how the plant floor processes are performing from a quality perspective and manage all quality data in a centralized manner. The Proficy Efficiency module will be used to monitor asset performance in relationship to availability, rate, alarms and waste. Accurate real-time and historical information will allow United Solar personnel to quickly pinpoint problem areas, report asset efficiencies, and automate analysis of root causes for production problems. The Proficy Production module will be used to automatically dispatch Production Orders to the plant floor providing real-time visibility of schedule attainment while also tracking the complete genealogy of each solar panel.

GE Intelligent Platforms’ new Proficy Scheduler will be used to optimize production schedules based on real-time feedback from the plant floor regarding asset and material availability and other key performance indicators. Business rules can be used to model the effect of plant performance on schedule attainment and forecast production and material usage. The entire system will be tightly integrated with United Solar’s ERP system to truly close the loop between plant performance and the demands of the business.

“Reduction on manufacturing costs leads to profitability of the company overall,” said Udstuen. “With the Proficy software platform – work process management, MES, SCADA – United Solar has chosen an operational excellence platform that drives success now and into the future.”

Washington Gas Energy Services, Bullis School and Clean Currents Solar Dedicate Largest Solar Power System at a Private School in Metro DC

POTOMAC, Md.--(BUSINESS WIRE)--At a ceremony today attended by federal and state legislators, students and school administrators, Bullis School dedicated the largest solar electric power system at a private school in the DC area. Installed by Clean Currents Solar and owned and operated by Washington Gas Energy Services, Inc. (WGES), the system will provide electricity for the school’s Blair Family Center for the Arts.

The 111 kW photovoltaic system consists of 540 solar panels that will produce 143,000 kilowatt hours of electricity annually and supply 18%-20% of the Blair Center’s annual electricity needs. Under the innovative three-way partnership, WGES financed the initial cost of the solar power system, and Bullis will pay WGES for the power produced by the system for 20 years.

“We are proud to be pioneering the use of solar power on this scale among independent schools in the area,” said Tom Farquhar, Head of School at Bullis. “By demonstrating a commitment to renewable energy today we point the way for our students and our community to build a more sustainable future.”

The installation of the solar collection panels is one step in a multi-faceted plan to increase environmental stewardship at the school. Clean Currents Solar plans to assist in the implementation of an environmental science unit at the school that includes lessons on clean energy, and ways students can reduce their carbon footprint. The project also features a monitoring system that will allow visitors, students and teachers to study and measure the power output from the solar panels.

“We are thrilled to be working with Bullis,” said Lee Keshishian, President of Clean Currents Solar. “Their commitment to the environment and position as a role model to families, students, and the community will encourage many other area businesses and residential communities to make the switch to clean solar power.” Lee Keshishian along with Jason Topercer, a partner and the project manager for the installation, are both alumni of Bullis.

By hosting this PV system, Bullis is contributing to Maryland’s statewide solar goal for 2010 and beyond. “The state has set a 2022 goal of having 2% of all energy consumed in the state produced by solar energy,” said Harry Warren, President of WGES. “To illustrate the significance of Bullis School’s project, it will account for 6% of the school’s total annual electricity consumption, three times the state’s 2022 solar goal of 2%.”

In addition to its commitment to solar energy, Bullis recently contracted with Clean Currents to purchase 100% wind power for its campus electricity needs. As a result, the school is ranked #4 nationally in the U.S. Environmental Protection Agency’s Green Power Partnership for schools.

"I'm thrilled to join the Bullis School, Clean Currents Solar and Washington Gas Energy Services for the launch of this exciting partnership," said Congressman Chris Van Hollen (D-MD). "This installation is one of the first of its kind, and the energy generated by these solar panels will contribute significantly to the school's electricity needs. It will also serve as an unparalleled teaching tool, teaching students about clean energy and ways they can reduce their carbon footprint."