Advanced Solar Energy System to Provide Nearly 50% of Power for NY Science Center
Northern Power Systems, a subsidiary of Distributed Energy Systems Corp (DESC), has received a grant from the New York State Energy Research and Development Authority (NYSERDA) to construct and install a state-of-the-art photovoltaic (solar) energy system at the Black Rock Forest Consortium's Center for Science and Education in Cornwall, New York. The building that will incorporate Northern's solar energy system is both a cutting-edge research center and a sustainable energy facility, utilizing technologies such as self-composting toilets, solar radiation, and geothermal heating and cooling systems. The site also has a sophisticated data acquisition system in place for research...
Uni-Solar Ovonic Receives an Additional Order from Alwitra for UNI-SOLAR Product, Increasing Sales to...
Energy Conversion Devices Inc (ENER) announced that it has received an additional order of 750 kW of photovoltaic (PV) products from Alwitra GmbH & Co. (Alwitra) of Germany, which increases the total planned shipment to Alwitra to 1.5 MW in 2004. "Alwitra, with a large customer base, is a major player in the German roofing market offering PV systems. We are delighted that Alwitra has chosen us to address the rapidly growing PV market in Germany," said Salama Naguib, Vice President of Sales and Global Marketing of United Solar Ovonic.
EPOD Announces 100 Kilowatt Solar Install Has Begun
EPOD INTL INC (EPOI.OB) announces that construction of the 100-kilowatt solar power installation previously announced on September 13, 2005, has begun. Phase-One of the turn-key, solar power system for a German agricultural client is projected to be completed within the next two weeks. The system will begin generating renewable energy for sale to the local electric utility under a 20-year power purchase agreement immediately upon completion, and has an estimated lifespan of a minimum of 40 years. The power purchase agreement is part of a federal government energy program whereby residential, commercial, and industrial power users are encouraged to...
Evergreen Solar Files $75 Million Shelf Registration Statement with the U.S. Securities and Exchange...
Evergreen Solar Inc (ESLR) announced the filing of a registration statement on Form S-3 with the U.S. Securities and Exchange Commission. After the registration statement is declared effective by the SEC, the Company will be able to offer and sell up to an aggregate of $75 million of its common stock, preferred stock, depositary shares, warrants and debt securities from time to time in one or more public offerings. The terms of any such future offerings will be established at the time of such offerings.
WorldWater Reports Record Revenue of $3.3 Million for Second Quarter 2004
WorldWater Corp. (WWAT) announced financial results for its second quarter and six months ended June 30, 2004. The significant increase in revenue is due to the Company's realization of its objective of providing world-class, proprietary solar technology systems to the agricultural and institutional marketplaces. As proof of this fact, the Company recently completed supplying the massive one megawatt PV system installation at Cerro Coso Community College in Ridgecrest, CA.
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.
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...
Shares in XsunX Inc. Purchased
You may have noticed that I'm starting to buy again. Well I also purchased shares in XSUNX Inc. (XSNX) this morning for my personal portfolio. Marketocracy will not allow me to purchase this stock in the mutual fund since it trades over the counter as a penny stock. The stock has been a strong mover since early September and I have been waiting for a pull back that has never materialized. I decided to purchase a 1/3 position here at this point. XsunX is a development stage company that I have profiled in the past. Since I started...
Major Solar Power System to Be Implemented at Timberland’s California Distribution Center
Distributed Energy Systems Corp (DESC) announced that it has entered into an agreement to design, engineer and construct a 400 kW solar power system at Timberland's 429,000 square-foot Ontario distribution center in Southern California. The 401.8 kW photovoltaic (PV) system will be installed on a new "TruckPort" steel mounting structure next to Timberland's warehouse, leveraging an unused area of the facility's truck yard by providing storage space for the facility as well as shaded parking for employees. A total of 1,960 PV modules will be mounted on the structure in strings of 14 each. The high-efficiency modules and...
Spire Solar to Provide EMMVEE Solar Systems with a PV Module Line
Spire Corp (SPIR) announced that it has executed a contract to provide EMMVEE Solar Systems Private Limited, Bangalore, India, with a SPI-LINE(TM) 5000M. Spire's advanced photovoltaic (PV) module manufacturing production line includes automated equipment for solar cell stringing and lay-up, lamination, module testing, and related training. EMMVEE Solar Systems selected Spire Corporation as their production line supplier based on Spire's proven experience, the quality of its equipment, and its training program. Shipment of the production line is expected to begin in the fourth quarter of 2005.
Shares of Carmanah Purchased
Wouldn't you know it, right after I posted about this company and complained that I couldn't buy it, I checked my brokerage account to see if there was any movement to my open market order. Well the IntraWeb gods must have been smiling on me, I got a partial fill in my personal account. So I now have a small stake in Carmanah Tech Corp (CMH.V) at a price of $3.0525. Maybe I should post my complaints more often :-) DISCLAIMER: I am not a registered investment advisor. The information and trades that I provide here...
Evergreen Solar and Q-Cells Form Joint Venture to Develop Solar Manufacturing Plant in Thalheim,...
Evergreen Solar Inc (ESLR) and Q-Cells AG, the world's largest independent manufacturer of crystalline silicon solar cells, today announced the formation of a joint venture to undertake the development of a 30-megawatt solar wafer, cell and module manufacturing plant in Thalheim, Germany, which is approximately 100 miles from Berlin. Construction of the facility is currently expected to begin in early 2005 and take approximately 12 months to complete. The total capital cost for all property, plant and equipment for the 30-megawatt factory is expected to be approximately $75 million. Evergreen Solar will own 75.1% of the joint venture; Q-Cells...
Universal Communication Systems, Inc. Subsidiary Millennium Electric TOU Ltd. Secures New Orders for up...
Universal Communication Systems Inc (UCSY) announced the execution of a new agreement with HELIOCOL (US). (www.Heliocol.com), granting them distribution rights for the US market for our unique range of Millennium Brand PV Solar Panels and related products. In addition, the agreement calls for HELIOCOL to purchase up to 200KW this year and 500kw early next year, for up to $2.5 million in value of PV Solar Energy Panels for the US market. This new export order is once again a major endorsement of the high quality of our Millennium Brand PV Solar Energy Panels.
Book Review: Investment Opportunities for a Low Carbon World (Wind + Solar)
Charles Morand Tom and I recently received complimentary copies of a new book called "Investment Opportunities for a Low Carbon World", edited FTSE Group's Director of Responsible Investment Will Oulton*. The book is a compendium of articles by 31 different authors broken down into three main categories: (1) environmental and low-carbon technologies; (2) investment approaches, products and markets; and (3) regulation, incentives, investor and company case studies. While Tom will provide a comprehensive review of the book once he's finished reading it in its entirety, I will instead review a few selected chapters over...
New Reports See Solar Outlook Brightening
James Montgomery Sun emerging behind saguaro by Tom Konrad Scanning the new crop of reports from IHS, NPD Solarbuzz, and Navigant, here are a few key themes that emerge: Demand Is Shifting to Asia. Global solar PV demand reached 9 GW in 3Q13, up 6 percent from the prior quarter and nearly 20 percent from a year ago, according to Solarbuzz. China's share of that 3Q demand exceeded 25 percent, compared to 10 percent just two years ago. Meanwhile, the National Energy Administration reportedly has increased its 2014 targets for...
Questions about DayStar Technologies
I received an e-mail from a reader that had questions about holding DSTI. I had some concerns about DSTI. I was wondering if you still believe investment in this company or alternative energy stocks is worth it. If crude oil drops further (let say mid 50s) do you think it will have negative impact on alternative energy stocks particularly ENER and DSTI. I was very happy with the holding a couple days ago, but the performance of DSTI in last 2 days without any news has got me concerned. Let me answer your question with first a...