Rise & Shine: November 4, 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
enXco Enters into Module Supply Agreement with Suntech
enXco has entered into a sales agreement with Suntech Power to supply up to 115 megawatts of photovoltaic modules in 2010.
Novartis Champions Renewable Energy with New Vacaville Solar Array
Novartis has completed a 1 megawatt solar array near its Vacaville biopharmaceutical site.
Two Think Tanks Are Better Than One
San Francisco is aiming to make all electricity consumed in the city carbon emission-free by 2030. And it has recruited Snowmass, Colo.-based Rocky Mountain Institute (RMI) to figure out how.
NATIONAL NEWS
Solar education, Outreach, and Training: Moving the Industry Forward
While more than 90% of Americans support solar energy for the country, a full 88% of Americans don’t feel informed about solar.
Wheeler School Announces 100kW Solar Energy System
Largest Solar Energy System in Southeast MA to be installed in November.
Solar Companies Focus on Nuts and Bolts to Cut Costs
Even as solar companies cook up high tech ways to cut costs, the next push to make the renewable energy source more economical could come from workers who bolt panels onto rooftops and mount them across empty fields.
MARKETS & MARKET RESEARCH
China’s Polysilicon Market in Solar Photovoltaic Industry
Driven by global booming solar energy, China’s solar cell production has developed rapidly in past three years, with output CAGR of 144% from 2007 to 2009.
GOVERNMENT & POLITICS
The Federal Energy Subsidy Scorecard: How Renewables Stack Up
Federal subsidies for renewables have played an important role in generating economies of scale and investment capital for improved technology that have driven down the cost of photovoltaic solar energy by 50 percent in the past decade.
FINANCIAL NEWS & MARKETS
SolarWorld Reports Third Quarter 2009 Results
SolarWorld Group revenues in third quarter amounted to € 232.5 million (previous year: 238.3) and rose in comparison with the second quarter of 2009 by three percent during a period of declining prices.
Ampulse Raises $8 Million in Series A Funding
Ampulse has closed an $8 million Series A funding co-led by Globespan Capital Partners and El Dorado Ventures, and joined by existing investors Battelle Ventures and its affiliate fund, Innovation Valley Partners.
Bosch Takes 69% Stake in Aleo Solar
The Bosch Group has acquired a majority stake in Aleo Solar AG, a solar panel manufacturer.
TECHNOLOGY
Total Signs Research Agreement for Solar Power Storage
Total has signed a research agreement with the Massachusetts Institute of Technology (MIT) to develop new stationary batteries that are designed to enable the storage of solar power.
Total and MIT to Develop Batteries for Solar Energy Storage
Total announces the signing of a research agreement with the Massachusetts Institute of Technology (MIT) to develop new stationary batteries that are designed to enable the storage of solar power.
Ampulse Raises $8M to Marry Silicon with Thin Film Production
The startup’s technology deposits a thin layer of monocrystalline silicon on a flexible sheet of metal.
INTERNATIONAL NEWS
Bosch Acquires 69% Shareholding in Aleo Solar
The Bosch Group has acquired the majority shareholding in the module manufacturer aleo solar AG. Including additional acquisitions and tendered stock, Bosch has now secured 68.70 percent of aleo stock.
Signet Solar to Ship 10MW of Thin Film Modules
Signet Solar and Spanish Tejados Fotovoltaica de Industriales (TIF) Group have executed a definitive agreement for supply module to supply Signet TIF to a minimum of 10MW of single junction silicon thin film modules for shipments before the end of June 2010.
Prosolia & Atersa Sign 14MW Module Supply Agreement
Prosoliawill use the Atersa modules in projects promoting the use of photovoltaic systems on industrial premises, with which it will become the market leader in rooftop installations.
Indonesia to Electricity Rural Villages with $84M Solar Plant Scheme
Indonesia will spend US$84m to build large-scale solar plants to supply electricity to rural areas of the country, according to a senior official.
Solar Power Helps Lebanese Schools, Hospitals
In Lebanon’s remote northeastern district of Akkar, teachers and pupils at the Rajam Issa public school are hoping this winter will be the first when the lights stay on.
Telenor Pakistan Opts for Solar Power to Extend Services to Rural Customers
Telenor Pakistan can now cost effectively extends its network to untapped rural areas of the country.
Panasonic Sets Terms for Sanyo Takeover
Panasonic will secure a strong position in three promising green energy businesses: solar panels, fuel cells and rechargeable batteries for hybrid and electric vehicles.
Morocco Unveils $9B Solar Power Scheme
Morocco announced on Monday a solar energy project worth $9 billion which officials said will account for 38 percent of the North African country’s installed power generation by 2020.
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