NAI Global and WorldWater & Power Team to Provide Building Owners with Cost-Saving Solar...
Worldwater Corp (WWAT) and NAI Global have signed an agreement to introduce their solar energy technology to the NAI Global network of commercial property managers and clients. NAI Global will work with WorldWater & Power to identify prospects for the purchase of equipment, electric power or services from WorldWater & Power, a developer and marketer of proprietary high-powered solar systems. In addition, NAI Global may aid in purchase negotiations and governmental approvals necessary for the construction of projects.
Evergreen Solar and Q-Cells Announce Partnership with REC
Evergreen Solar Inc (ESLR) and Q-Cells AG (QCE.DE), the world's largest independent manufacturer of crystalline silicon solar cells, today announced a partnership with Renewable Energy Corporation ASA (REC), based in Hovik, Norway. The world's largest manufacturer of solar-grade silicon and multicrystalline wafers, REC is joining EverQ, a strategic partnership between Evergreen Solar and Q-Cells that is currently building a 30-megawatt solar wafer, cell and module manufacturing plant in Thalheim, Germany. This is another piece of good news and the market seems to think so as well. Shares of ESLR are trading up almost 3% this morning compared...
Research and Markets: Solar Photo Voltaics: Amongst the Fastest Growing and Most Promising Forms...
Solar photovoltaics are suitable for both large grid-connected generation and small-scale applications. The report examines the status of the technology, its development, the size of the global market and its future development. Applications of Solar Photovoltaics are also outlined. Market sizes and future projections are provided, together with a break down of grid- connected and non-grid use, distributed generation, details of markets and production. Production is analysed by country and technology (single and poly cell silicon crystal, thin film and concentrators, with sub-categories). Exports are provided.
Evergreen Solar Announces $100 Million Sales Agreement with S.A.G. Solarstrom AG
Evergreen Solar Inc (ESLR) announced that it has entered into a four-year supply contract with S.A.G. Solarstrom AG (S.A.G.), based in Freiburg, Germany. The agreement calls for Evergreen Solar to ship approximately $100 million of photovoltaic modules to S.A.G. over the next four years. S.A.G. builds and operates solar power stations, and sells the generated energy to corporations and utility companies. S.A.G. plans to use Evergreen Solar's products to help satisfy the growing demand from those organizations. These products will be manufactured at Evergreen Solar's plant in Massachusetts and at EverQ's new 30-megawatt facility in Thalheim, Germany. EverQ...
From Solar 2009: Investment Opportunities in Solar Stocks: First Solar (FSLR)
Tom Konrad, Ph.D. This continues a series of entries on opportunities in solar stocks, based on a panel at Solar 2009. The first article introduced the panelists, and took a look at the solar sector as a whole. The others focus on individual companies. Pradeep Haldar Investors remain bullish on thin film technologies such as CdTe (First Solar's technology.) CdTe currently has the lowest cost, but it may not have long term sustainability. Peter Lynch on First Solar (FSLR) If First Solar ever stumbles, gravity will take over. They could fall 50% in a day. They...
Crude Oil & Alt Energy: The Non-Relationship That Just Won’t Go Away
Charles Morand The relationship - or lack thereof - between oil prices and the performance of alt energy stocks has been a long-time interest of mine. I discussed it last in late March when I looked at correlations between the daily returns of alt energy and fossil energy ETFs. At the time, I found that only a weak relationship existed between the two and that if someone wanted to make a thematic investment play on Peak Oil, alt energy ETFs were not an ideal way to do so. Seeing as the popular press and countless "experts"...
SunPower raises IPO price to $16-$18 per share
Solar power equipment maker SunPower Corp., a unit of Cypress Semiconductor Corp. (CY) raised the expected price of its planned initial public offering to between $16 and $18 per share from a previous range of $12 to $14. The company expects to list its stock on the Nasdaq under the symbol "SPWR" sometime this week. I have always found the IPOHome.com website helpful tracking this type of information down. You can also find a great deal of info at NASDAQ.com as well for new IPO's.
Evergreen Solar Introduces Sunplicity Flat Roof Mounting System for EC-100 Series Modules
Evergreen Solar Inc (ESLR) introduced Sunplicity(TM), an advanced Flat Roof Mounting System (FRMS) designed specifically for use with its EC-100 Series modules. Geared for large and small solar PV installations on commercial, institutional and government buildings, the Sunplicity FRMS is a non-penetrating, aerodynamic, self-ballasted system that enables faster, easier and more cost-effective PV installations.
After Consolidation, Solar Will Shatter Expectations
by Shawn Kravetz, Esplanade Capital
Somewhat catalyzed by COVID-19 disruptions but more so by sector maturation, solar is entering a consolidation phase driven by:
Solar incumbents seeking to fortify market positions and reduce costs through
scale
Legacy/traditional energy and utility players seeking renewables exposure to
diversify away from fossil fuels, accommodate investor concerns, and generate
sustainable, predictable profit streams
Corporates capitalizing on cost of capital advantages particularly in cross-border
acquisitions
Parents, specifically China state-owned independent power producers, privatizing
their separately listed renewable subsidiaries (typically in Hong Kong) to bolster
their renewable bona fides and exploit wide valuation discrepancies (typically
between mainland China and Hong Kong).
Like the entire...
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...
Universal Communication Systems, Inc. Announces Formation of New PV Solar Business Segment
Universal Communication Systems Inc (UCSY) announced that the company is set to make a major new investment and plans to open a new office in Los Angeles, California from which to market PV Solar Panels and PV Solar Energy Systems throughout the state. This follows the recent announcement by the State of California that it was to enact a Major Incentive Program which is the largest solar energy policy ever enacted in the United States: an 11-year, $3.2 billion incentive program aimed at spurring installation of PV Solar Panels / Systems.
Stock Market Advice for Solar Energy Investors
J. Peter Lynch I have been reading your articles for years and always thought your stock market related insight was interesting and helpful for me as an investor. At the current time I am worried about the market and am wondering where you think the market is currently, given the major run up we have had in the past year. I would also be curious about your view on solar stocks and what you see for them. Claude M., France. Claude, great questions. You are really going to make me think about this one. Sorry...
Universal Communication Systems, Inc.’s Wholly Owned Subsidiary Solar Style, Inc. Announces May Launch for...
Universal Communication Systems Inc (UCSY) announced that the company will launch its new complete range of Patented PV Solar Chargers for the consumer electronics market in May. The new products are all fitted with new exclusively developed "Battery On Board" (BOB) technology, enabling the consumer to apply "charging" to his/her electronic device 24 hours per day, all year round. The entire range of our products is designed to operate both in sunlight, and indoors.
From Solar 2009: Removing The $2,000 ITC Cap
Charles MorandLike Tom, I attended part of the Solar 2009 conference last week. One of the most interesting presentations I heard was by Andy Black, CEO of OnGrid Solar, on the potential impact on residential solar installations of removing the $2,000 ITC limit (link to the actual paper). Prior to changes in October 2008, ITC tax credits for rooftop solar PV installations were capped at $2,000. In the author's own words: This paper presents revised and expanded financial analyses of residential cases . It will look at Internal Rate of Return (IRR) only (for simplicity of...
DayStar Technologies Receives Technology Innovation of the Year Award in the CIGS Photovoltaic Cells...
DayStar Technologies Inc (DSTI) was awared the 2005 Technology Innovation of the Year Award in the field of copper-indium-gallium-diselenide (CIGS) photovoltaic cells. Each year this Award is given to a company that has carried out new research, which has resulted in innovations that have brought, or are expected to bring, significant contributions to the industry in terms of adoption, change and competitive posture. This Award recognizes the quality and depth of a company's research and development program along with vision and risk-taking efforts that enabled it to undertake such an endeavor. It's nice to see that...
Evergreen Solar Shares Dip on Partnership
Evergreen Solar Inc (ESLR) shares were down yesterday since an SG Cowen analyst said that the Evergreen partnership deal announced this week will reduce the expected profits for 2006. The analyst diluted his estimates for per-share losses in 2006 by a penny to 18 cents and reduced his 2007 earnings estimate by 6 cents to 19 cents per share. Many of the analysts still think this partnership deal is very positive for the company, they just expect that it will postpone profitability out another year. The stock was down over 5% yesterday and it is trading lower this...
