The Rise & Shine is your daily source for all solar-industry news. Brought to you by Sweet Solar Home and the Experts at SunRun.

CALIFORNIA NEWS
The North Face Completes 1MW Solar System
The North Face, a supplier of outdoor apparel, has completed construction of a 1-megawatt (MW) solar electricity system at its West Coast distribution center located in Visalia, California.

Sungevity to Sell Solar Software to Other Installers
The Berkeley, Calif.-based company, which has devised an application for estimating the cost of a residential solar install, will let other installers use its system next year for a price.

DWP Citizen Advocacy Committee Says No to Solar Ballot Measure  Here’s Why
The DWP Committee unanimously moved and passed the motion not to endorse the Solar Measure at this time. The Council was asking for a blank check to have DWP?s Union as the exclusive work force.

NATIONAL NEWS
NC State Secures Grant to Make Solar Energy Less Expensive
The U.S. Department of Energy has awarded North Carolina State University’s Department of Chemical and Biomolecular Engineering a $1.2 million grant to build and study tiny materials that can help generate renewable energy.

Firm Wants to Build Solar-Panel Factor in Vineland
On Monday, a group of representatives from Amelio Solar, a Ewing, N.J.-based, developer of solar-energy technology, expressed interest in building a large-scale factory to manufacture solar panels within city limits.

UTILITY INDUSTRY & REGULATORY NEWS
Feed-in Tariffs – Right for Germany, Wrong for California
it is not the only way to develop solar power – or the best way. The biggest problem with high feed-in tariffs is that they result in higher utility bills, because ratepayers pay top dollar for every single kilowatt produced.

New York Power Authority Requests Information for Purchases of Solar Power
The New York Power Authority (NYPA) has issued a formal Request for Information (RFI) in connection with its plans to purchase solar power on behalf of the Metropolitan Transportation Authority (MTA) and its operating agencies.

FINANCIAL NEWS & MARKETS
Desperately Seeking Solar’s Safe Haven
Analyst Christopher Blansett urges investors to make a ‘flight to safety’ – that is companies will have to weather reduced solar subsidies next year, higher solar system borrowing costs and increasing competition at all levels of the solar PV food chain.

SolarWorld Bids 1 Billion Euros for Opel Assets
German solar energy company SolarWorld AG said Wednesday it plans to offer $1-billion for some assets of carmaker Adam Opel GmbH, the German subsidiary of General Motors Corp.

S.A.G. Solarstrom AG Reports Third Quarter 2008 Results
Following its successful re-structuring, Freiburg-based S.A.G. Solarstrom AG says the company was able to boost its operating result to 2.1 Mio. during the first nine months of business year 2008.

ReneSola Announces Third Quarter 2008 Results
Gross profit for the third quarter of 2008 was US$45.8 million, a 19.2% increase sequentially and 190.4% year-over-year. The gross margin for the third quarter of 2008 was 21.2% compared to 22.4% in the second quarter of 2008.

GOVERNMENT & POLITICS
Obama White House to Face Long-Held Consumer Denial and Awareness Hurdles in Realizing Renewable Energy Solutions
As President-Elect Barack Obama prepares to address energy as one of the top issues on the U.S. agenda, his administration will face long-held U.S. consumer denial about personal responsibility in driving energy demand and resulting prices – as well as consumers’ “tailpipe-driven” understanding of energy use and environmental impact.

INTERNATIONAL NEWS
SCHOTT Solar Signs Long-term Contract with Enerpoint S.p.A.
The contract between SCHOTT Solar and Enerpoint covers a steadily increasing supply of polycrystalline silicon modules, expected to represent a total power output of 35 megawatts in coming years. Through this major contract, Enerpoint becomes the official dealer for SCHOTT Solar modules in Italy.

Satcon Announces Three Year 180 Megawatt Agreement with Samsung
In addition to supplying Samsung with Satcon PowerGate(tm) Plus inverters for its own solar power plant development around the globe, this agreement provides Samsung the exclusive right to market and sell Satcon solutions in the rapidly growing Korean renewable energy market.

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This entry was posted on Wednesday, November 19th, 2008 at 10:35 am and is filed under Solar Industry News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.