Spire to Provide $6.75 Million Solar Cell Production Line
Spire Corp (SPIR) announced that on March 16, 2006, Spire entered into a Turn-Key Project Agreement to provide a privately owned solar firm, located in Europe, a commercially sized, multi-megawatt, turn-key Photovoltaic Cell Manufacturing Line for $6.75 million. The new cell line will be integrated with an existing production line. Solar cells are one of the key components used in manufacturing solar modules.
Newsweek Special Report
"Experts generally agree that our current reliance on fossil fuels is unsustainable. Already oil is near $50 per barrel, and the great millions of Chinese and Indians destined to take to the road in the next decades have not yet gotten behind the wheel." This week Newsweek has written several special reports about alternative energy in all its forms. All of these reports can be found at the following link.
SunPower and SolarWorld: Strange Bedfellows
by Paula Mints
Oh, what a tangled web you weave when vying for an exclusion from tariffs via strategic ac-quisition. In April, SunPower (SPWR) announced it had acquired (subject to regulatory approval) So-larWorld US, subsidiary of the company that kicked off the solar tariff dispute with a petition in 2012, focused on China as the dumper of cells and modules. SolarWorld GmbH, based in Germany, could not file the petition. It needed its US subsidiary to do so. As SolarWorld US is, currently, the only crystalline cell manufacturer in the US, it takes on a value beyond the sum of...
FPL Group, Inc. Recognized in Global 100 Most Sustainable Corporations in the World
FPL Group Inc (FPL) announced today that it has been recognized on the first, annual list of Global 100 Most Sustainable Corporations in the World. FPL Group, Inc. is one of only 100 companies chosen from 2000 of the world's largest corporations whose sustainability performance falls within the top five percent of their business sector. The company is part of a select group of only 20 U.S.-based companies included in this special recognition. FPL Group was selected based on its ability to manage the triple bottom line - society, environment and economy.
First Solar Jettisons Its O&M Business
by Paula Mints
In August, CdTe manufacturer First Solar (FSLR) sold its North America O&M business to NovaSource Power. According to First Solar CEO Mark Widmar, the decision was due to contracting O&M margins and customer demands for more services. The company is also exploring jettisoning its EPC business. First Solar plans to focus on its module manufacturing business.
Comment: Apparently, First Solar finally realized that O&M is low margin and that the EPC business may also not have much margin cushion. Now the company can concentrate on another low margin sector of the solar manufacturing chain, manufacturing.
First Solar has occasionally...
GiraSolar Group Completes Cell Delivery to German Industry Partner and Completes First Shipment to...
GIRASOLAR INC (GRSR.PK) is pleased to announce its subsidiary DutchSolar BV has completed a 1MWp cells supply obligation to a major German solar industry partner. DutchSolar BV overachieved on its projected supply of 1MWp with 16% in surplus of its obligations. Supply had initially begun with delays in December 05 and was expected to take well into H2 of 2006. The revenue value now exceeds well over 3M$ and payments have been received in full. It is expected that DutchSolar will continue the supply of cells to German counterparts and further cooperation will be sought. DutchSolar BV has...
BT gets behind renewable energy
British Telecom has announced a three-year plan to get all of its energy needs from renewable sources - the biggest such project in the world. The electricity used, worth hundreds of millions of pounds, could power a city the size of Nottingham. Renewable sources of energy include wind, wave and solar power, rather than using fossil fuels like oil or coal.
Magnetek Establishes Solar Power Distribution Network in Emerging Italian and Spanish Markets
Magnetek Inc. (MAG) announced that it has secured distribution agreements for its Aurora(TM) solar photovoltaic (PV) power inverters with channel partners in Italy and Spain valued at more than $3 million in sales during calendar 2006, subject to demand and availability. Italy and Spain each have adopted aggressive incentive programs aimed at installing up to 100-megawatts (MW) of new solar capacity, thus emerging as the fourth and fifth largest potential solar power markets in the world.
Solar Headwinds, Part II
Tom Konrad, CFA Prospective investors in solar manufacturers should consider the competitive forces that constrain the industry's long-term profitability. In the first part of this series, I showed how a competitive analysis of the corn ethanol industry in early 2007 illuminated the forces that soon caused ethanol company stock prices to collapse in late 2007. I also implied that the solar cell manufacturers, including industry leaders such as Sunpower (SPWRA) and First Solar (FSLR) are vulnerable to these forces and may not be able to maintain high returns on capital over the long term. I'm not...
Solar Power 2005
I just completed my registration to attend the Solar Power 2005 conference in October. I plan on blogging my notes for this conference for everyone to read and will be keeping a sharp eye out for new investment opportunties. Many of the companies in this sector will be in attendance and I will be spending a great deal of time on the expo floor trying to determine who I should invest in next. Here is the current exhibitor list. If you have any questions you would like me to ask, feel free to leave a...
Another State Mandate for Alternative Energy
Right on the heels of Colorado passing Amendment 37, Pennsylvania is waiting for State House approval on the passage of their own legislation mandating clean energy production. This new bill states that by 2020, utilities would be required to provide 18 percent of the electricity used in Pennsylvania from alternative sources, like wind, solar and waste coal. Wind should be the big winner for this region.
Spire Provides BIPV Systems to Chicago’s Green Commercial Center
Spire Corp (SPIR) announced the completion of Building Integrated Photovoltaic ("BIPV") Systems at the Bethel New Life Lake-Pulaski Commercial Center. The commercial center, located on the West Side of Chicago, will house a day care facility, commercial enterprises, a clinic and employment services. The Lake-Pulaski Commercial Center has two BIPV systems. One, approximately 25 kilowatts in size, is a roof-tile system; the other is a 7-kilowatt awning system. The BIPV awning system is the first commercial building appearance of clear back-sheet photovoltaic modules locally manufactured by Spire Solar for a greater appeal to aesthetics. The awnings will improve the...
Community Solar Providers In NYSEG Territory
See the Buyer's Guide to New York Community Solar for details on how New York community solar works and lists for other utility territories.
This list last updated on 9/9/2020.
VENDOR NAME
PRICING STRUCTURE
ADDITIONAL DETAILS
SPECIAL OFFERS
Abundant Solar Power
10% discount subscription model
Contract to be signed
Astral Power
10% discount subscription model (Broker for solar farms)
No cancellation fee. Bill needed in customer’s name
$100 check and $100 donation to Feedmore WNY
BlueWave Solar
10% discount subscription model (Broker for solar farms)
Links to own development as well as any external ones. Available services in your area found through ZIP code search.
Citizens Energy
20%Â discount subscription model (Nonprofit)
free cancellation; no fees; no credit...
Community Solar Providers In ConEd Territory
See the Buyer's Guide to New York Community Solar for details on how New York community solar works and lists for other utility territories.
VENDOR NAME
PRICING STRUCTURE
ADDITIONAL DETAILS
SPECIAL OFFERS
Ampion
10% discount subscription model
Free cancellation at any time, excess credit is banked
BlueWave Solar
10% discount subscription model (Broker for solar farms)
Links to own development as well as any external ones. Available services in your area found through ZIP code search.
Sunset Solar Park
20% discount subscription model
YSG Solar
10% discount subscription model
Credits offered can be increased or decreased to suit usage
UGE International
10% discount subscription model
2-year contract, No cancellation restrictions
OnForce Solar
10% discount subscription model
Extra credits carried on;...
XsunX Under Pressure
Shares of XSUNX Inc. (XSNX) are currently under pressure and are currently down over 50% since the start of the month. The stock is now accelerating down this morning and the shares are currently down another 13% this morning. There was some nice support at the $1 level and the stock is currently trading down below this level. There may be many causes for this sharp decline. It could be the general market weakness is causing people to look for ways to take profits. This stock has been up more than 200% in the past year...
United Solar Ovonic Signs Two-Year Agreement With Conergy AG for 1.5 MW of Photovoltaic...
Energy Conversion Devices Inc (ENER) announced today that it has signed a two-year distribution agreement with Conergy AG of Germany for 1.5 MW of photovoltaic (PV) products. Conergy AG, a supplier of solar systems based in Hamburg, will distribute UNI-SOLAR(R) products in France, Greece, Spain, and Switzerland through its main subsidiaries.
