Rise & Shine: March 17, 2010
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
In Recession’s Shadow, Solar Power Shines
The companies appear to be riding a wave of good fortune for the solar-power industry.
NATIONAL NEWS
Evergreen Solar Panels Now Powering Five Megawatt Italian Solar Power Plant
It is the largest installation of Evergreen Solar panels in the company’s history.
Suniva® Solar Cells Power 3 MW Solar Project in India
The 3MW, ground-mounted system is the largest grid-connected solar field in India, covering more than 12 acres.
UTILITY INDUSTRY & REGULATORY NEWS
Greening the DWP
The mayor’s plan, correctly, is for clean, renewable energy. So why the lack of transparency?
DWP Rates May Rise Between 8% and 28% to Pay for Mayor’s Green Initiatives
The hike would pay for more aggressive conservation programs and a solar plan designed to create 16,000 jobs as well as cover the fluctuating price of coal and natural gas.
MARKETS & MARKET RESEARCH
World Solar Photovoltaic Market Grow to 6.43 Gigawatt in 2009
The PV industry generated $38 billion in global revenues in 2009, while successfully raising over $13.5 billion in equity and debt, up 8% on the prior year.
Clean Energy 2010 Trending Up
Clean Edge’s annual trends report finds clean-energy markets holding up in tough economic climate — thanks to a lot of help from China.
Renewable Energy Strong Despite Recession
A devastating recession slowed but did not stop the clean energy industry’s growth in 2009, a report issued Tuesday found.
China to Restrict Polysilicon Production
Solar demand is growing, but China wants to prevent a bust.
China’s Policies Fuel its Renewable Energy Sector
The Chinese government has helped turn the country into an alternative energy powerhouse using a slew of policies that support domestic renewable fuel industries, according to a study released Monday.
GOVERNMENT & POLITICS
Group of 29 Governors Seeks Renewable Power Standard
Schwarzenegger and others say a U.S. guideline would help spur job growth and economic development. They also say the current fragmented system is pushing investments abroad.
FINANCIAL NEWS & MARKETS
Solyndra Generated Over $100M in Revenue Last Year
Solyndra brought in revenues of $100.47 million for the fiscal year that ended on January 2, 2010, up from $6.01 million for the fiscal year that ended on January 2, 2009.
CPV Semi Startup Solar Junction Gets More Funding
A $13.3M inside round keeps the firm going while they wait for the CPV market to emerge.
TECHNOLOGY
RF Micro to Develop Solar Cells
In cooperation with the National Renewable Energy Lab, RF Micro Devices soon will develop a new generation of solar cells that produces far more energy than today’s solar panels.
INTERNATIONAL NEWS
CNPV Signs Long-Term Strategic Partnership with Sinatis Europe
CNPV Solar Power SA has entered into a long-term strategic partnership sales agreement with Sinatis Europe, a French project development and distribution company.
Suntech Selected to Power Taiwan’s Largest Solar Power Plant
Owned and operated by the Taiwan Power Company, and developed by Fortune Electric Co., Ltd., the new 4.7MW solar plant in Young’an, Kaohsiung, Taiwan, will nearly double the island’s current installed solar capacity of about 5MW.
Siliken to Build 9.8 MW Solar Power Plant
The Spanish renewable energy company, Siliken has entered into an agreement with the company FRV -Fotowatio Renewable Ventures to set up a 9.8 MW power PV plant in the Italian city of Fiumicino (Rome).
9REN Completes Permits Three Projects in Italy
Two of the three projects are in the Apulia region, one in Latium, close to Rome: San Trifone (2.4MW) in Lizzano and Masseria Martellotta (8MW) in Palagianello (both in the Province of Taranto) are located near the 7MW already in operation.
Czechs Seek to Temper Solar Investment Boom
The Czech Republic does not spring to mind as one of Europe’s hot spots, yet an over-used subsidy scheme has created a bonanza for solar power that has ignited fears of a spike in energy prices and grid instability.
Ireland’s Surface Power Signs Major Strategic Partnership Agreement with Solar Energy Initiatives
Agreement will place the company’s industry-leading SP501 solar collector in all 50 states.
First Solar Joins Desertec Solar Project
U.S. solar power company First Solar (FSLR.O) has joined the Desertec solar power project, which hopes to supply 15 percent of Europe’s power by 2050 via a network of renewable energy sources.
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