Rise & Shine: June 24, 2009
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
Solar Energy Initiatives Announces Securing Land to Build up the 18MW Solar Park in California
The project could generate over $80 million in revenue within a 5-year time period.
NATIONAL NEWS
Meltdown 101: Where are the Renewable Energy Jobs?t
The recession has walloped the clean energy sector like every other, and no one is going on a hiring spree right now.
Efficiency and Renewables Can Save US $200B Annually
As Congress engages in the major debates surrounding climate and energy legislation, a broad coalition of consumer, economic and environmental advocacy groups has published a report on the substantial consumer savings that stronger energy efficiency and renewable energy standards would bring.
Xunlight Completes Installation of its First 25MW Wide-Web Roll-to-Roll Photovoltaic Manufacturing Equipment
This is the first of Xunlight’s full-scale production lines to be installed in its Toledo, Ohio facility.
EMCORE Corporation Signs Solar Power Agreement with PNM
This 20-year agreement with EMCORE consists of 114 kilowatts of solar power produced onsite at EMCORE’s corporate headquarters in Albuquerque, N.M.
Solar Research Team Heading to Europe for Experiments
A solar energy reserachteam from Valparaiso University’s College of Engineering will return to Switzerland this summer to continue testing the potential of harnessing the sun’s energy for industrial applications.
UTILITY INDUSTRY & REGULATORY NEWS
Sacramento Utility SMUD Signs Silver Spring for Smart Grid
SMUD plans to roll out smart meters to its 600,000 customers, and announced this morning that it is working with smart grid networking firm Silver Spring Networks.
FINANCIAL NEWS & MARKETS
Renewable Energy May be Stocks’ Next Big Thing
Experts like Ethan Zindler, head of North American research for London-based research and consulting firm New Energy Finance, say the wind and solar energysectors lead the way in showing signs of becoming mature industries where a handful of players distinguish themselves as the market leaders that investors seek.
MARKETS & MARKET RESEARCH
Solar Industry to See Faster Than Expected Growth
The solar energy industry will grow faster than expected during the next few years as American utilities invest heavily in large-scale solar farms, analysts with Barclays Capital said Tuesday in a research note.
Is China on the Cusp of Becoming a Huge Solar Panel Market?
As the world’s largest solar-panel producer for the last two years, China already is a major solar player. But now, some industry experts say, it’s expanding from being mainly a solar-panel supplier to also becoming a substantial customer.
GOVERNMENT & POLITICS
Obama Urges Quick Action on Climate Change Bill
The measure also aims to spur renewable energy nationwide by requiring utilities to generate more electricity from wind, solar and other easily replenished sources.
TECHNOLOGY
Photovoltaic Testing Network Expands
Testing and standards group TÜVRheinland is expanding its operations by opening a new test laboratory in Cologne, Germany, dedicated to analysis of solar systems.
Organic Solar PV Module Developed by Mitsubishi
Organic semiconductor materials are deposited on the substrate and then divided into several cells with the laser. The technology eliminates the need for, deposition mask patterning, which is used in conventional methods.
INTERNATIONAL NEWS
Yingli Green Energy Raises $193M
Yingli Green Energy’s follow-on public offering of 18,600,000 American Depositary Shares (“ADSs”), each representing one ordinary share of Yingli Green Energy, was closed yesterday.
REC Sets Price for Rights Issue
The share capital of REC will be increased by NOK 170,453,354 through an issue of 170,453,354 new shares.
Auria Solar Ramps Up 60 MW Micromorph® End-to-End Line
Auria Solar today announced to be the first manufacturer to reach the mass production stage with Oerlikon Solar’s end-to-end manufacturing technology for high efficiency Micromorph® thin film silicon solar PV modules.
Showa Shell, Saudi Aramco Agree Solar Power Project
Kuwait News Agency has agreed with state-run oil firm Saudi Aramco to study the possibility of solar power business in the kingdom.
Canadian Solar Company Forms European Partnership
Halifax-based Green Power Labs Inc., a leading Canadian solar energy assessment and consulting firm, has announced a new partnership agreement with CHELONIA SA, based in Lugano, Switzerland.
More PV Capacity for Greece
Heliosres, a turn-key EPC contractor, has connected two more solar photovoltaic parks to the Greek national grid. The two parks, which are owned by private investors, are located in Thiva and in Agrinio.
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