RWE SCHOTT Solar Installs Greece’s Largest Solar Roof
In time for the Olympic Games RWE SCHOTT Solar has begun operation of the country’s largest rooftop solar-energy unit in Athens. Supported by its Greek and German partners, this will help the company to further strengthen its market position in Greece. RWE SCHOTT Solar Inc. is a joint venture of the RWE Group (RWEOY), a global international multi-utility concern with core businesses in electricity, gas, water, waste management and recycling; and the SCHOTT Group, a leading international specialty glass manufacturer.
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...
Evergreen Solar Begins Volume Shipments From New Plant in Germany
Evergreen Solar Inc (ESLR) announced that the new EverQ manufacturing plant in Thalheim, Germany, has begun making volume shipments of finished solar modules to the Company's customers. The Thalheim plant manufactures Evergreen Solar's new, more powerful Spruce Line(TM) of photovoltaic panels. The Spruce line includes panels up to 190W. Products fabricated at the EverQ plant use Evergreen Solar's patented String Ribbon manufacturing process. String Ribbon is substantially more efficient in the use of silicon than conventional sliced crystalline technologies.
SunPower Announces $330 Million Global Solar Supply Agreement with PowerLight
SunPower Corporation (SPWR) announced its largest ever product supply contract. The supply agreement with PowerLight Corp., a global solar systems provider, calls for the delivery of $330 million of solar panels from 2005 through 2009. SunPower's industry-leading products will be incorporated into PowerLight's advanced solar power systems for commercial, government and new home residential customers worldwide. SunPower is trading up over 6% today on the news.
SatCon Launches Largest Photovoltaic Inverter in the Industry
SatCon Technology Corporation (SATC) announced that it has successfully launched its 500kW PowerGate(TM) inverter. The release of the PowerGate(TM) 500kW inverter was one of SatCon's major R&D milestones for 2006, and positions SatCon as the leading provider of high efficiency inverters for the rapidly growing solar markets. The 500kW AE-500-60-PV-A utility-grade PV inverter was successfully listed to the UL 1741 Standard and also received approval from the California Energy Commission (CEC). The acceptance of this inverter by the various agencies not only gives SatCon the largest commercial PV inverter in North America, it also gives SatCon the...
SunEdison: Giving Optimism A Bad Name
by Paula Mints Potentially stranding a significant number of solar development plans as well as some assets, SunEdison (SUNE) finally took the step that many expected and filed for bankruptcy. Pondering where things went wrong for the troubled firm leads to a winding road of overexpansion, debt and the traditional sidekick of highly visible companies and people, hubris. Hubris, of course, happens quite often in the corporate world and there is a long list of companies that were swayed by it – who knows, one is probably being swayed at this very minute. In the solar...
Will Outsized Solar Stock Returns Continue?
By Harris Roen Any way you slice it, solar investing has been on a tear for the last year. Of the 69 solar stocks that the Roen Financial Report tracks, three quarters are up for the year. On average solar stocks have gained 85% for the year, with 60% of solar companies up in the double digits. What is most impressive is that the top 17 solar stocks are all up in the triple digits, and one, Canadian Solar Inc. (CSIQ), is up 903%! This article will look at who these outsized performers are, what...
The Pending Solar Apocalypse Not!
Garvin Jabusch The hysterics around recent solar industry announcements that in general profit margins are narrowing are, as usual with all things solar recently, completely overblown. "Is This A Death Spiral for Solar Companies?" might be my favorite histrionic headline. Artist's depiction of death spiral in binary star system J0806 with two white dwarfs destined to merge. Image Source: NASA/Tod Strohmayer (GSFC)/Dana Berry (Chandra X-Ray Observatory) Yes, narrowing margins are making life difficult for smaller, higher cost producers. But this is and has always been a standard part of the evolution...
Siemens Bows Out of Solar, Announces Renewed Focus on Wind and Hydro Power
Vince Font Siemiens wind turbines at the Gunfleet Sands Offshore Wind Farm 4 km from Gunfleet Sand, Essex, Great Britain. Siemens AG is selling its solar business, and will focus its renewable energy efforts on hydro power and wind energy. Siemens is an established “clear market leader for offshore wind power” according to Managing Board member Michael Süß. Photo credit: Ashley Dace Citing slow growth, low profit and high cost, Siemens AG (NYSE:SI) announced that it would be selling its solar energy business as part of...
Spire to Provide Hyundai Heavy Industries with a PV Module Manufacturing Line
Spire Corp (SPIR) announced that it has entered into a contract to provide Hyundai Heavy Industries Co., Ltd. (HHI), of Ulsan, Korea, a multi-megawatt turnkey photovoltaic (PV) module assembly line. The line is scheduled to be delivered during the Spring of 2005. Spire's advanced PV module manufacturing equipment and process technology will enable HHI to manufacture state-of-the-art PV modules from solar cells to address the growing Korean and Asian solar PV market.
XsunX Begins Manufacture of Mass Production System
XSUNX Inc. (XSNX) announced that it has begun the construction of a mass production system for the manufacture of the Company's proprietary thin film solar cell designs. As the manufacture of this first system and its thin films development evolves, the Company anticipates that it may begin marketing efforts of this system as early as this coming spring.
List of Solar Farm Owner and Developer Stocks
Solar farm owner and developer stocks are publicly traded companies who develop or manufacture equipment that converts sunlight into other types of useful energy. Includes manufacturers and developers of both solar photovoltaic and solar thermal equipment, as well as their supply chain.
This list was last updated on 3/21/2022.
See also the list of Solar Manufacturing Stocks, the list of Residential Solar Stocks, and solar and wind inverter stocks.
7C Solarparken AG (HRPK.DE)
Abengoa SA (ABG.MC, ABGOY, ABGOF)
Acciona, S.A. (ANA.MC, ACXIF)
Adani Green Energy (ADANIGREEN.NSE)
Algonquin Power and Utilities (AQN, AQN.TO)
Atlantica Yield PLC (AY)
Azure Power Global Ltd. (AZRE)
Bluefield Solar Income Fund (BSIF.L)
Boralex (BLX.TO, BRLXF)
Brookfield Renewable Energy...
WorldWater & Power to Build Solar Electric System for California’s Valley Car Wash
Worldwater Corp (WWAT) announced that it has obtained requisite financing and all applicable rebates for the solar electric system to be installed at Valley Car Wash, Inc. of Van Nuys, California. Construction will begin within weeks on the $676,000 project. Located on Van Nuys Boulevard in the heart of the San Fernando Valley, the rooftop photovoltaic (PV) installation will substantially reduce the car wash's electrical costs. Valley recently received approval of a 42% rebate of the full installation cost by Southern California Gas Company through the California Public Utilities Commission's Self Generation Incentive Program (SGIP).
WorldWater & Power Forms Strategic Alliance with Major India-Based Manufacturer of Water Pump Systems...
Worldwater Corp (WWAT) has established a strategic alliance with Kirloskar Brothers Ltd., a major Indian pump manufacturer, to develop water management systems to provide improved water and power supplies for rural and urban poor around the world. Under the five-year pact, WorldWater and Kirloskar will develop projects that combine WorldWater's proprietary solar power technology with Kirloskar's broad range of pump and motor products. As outlined in a Memorandum of Understanding (MOU) signed by both companies, the partnership will help both companies meet their common objectives of bringing sustainable agricultural development and improvement of living and working conditions for...
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.
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.
