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
groSolar Hires David Nichols in California
groSolar, a national leader in solar distribution and installation, is pleased to announce that David Nichols has joined our rapidly expanding company as a Regional Account Manager for Northern California.
Clear Skies Solar Begins Preliminary Engineering on $11M Solar Farm in Cantil, CA
Less than three months ago Ezra Green, Chief Executive Officer and Chairman of Clear Skies Solar, was quoted in the Wall Street Journal, stating that a California project was stalled due to a lack of funding.
Inside Ausra’s Big Change
A company with the ambition to become a major player in solar energy changes has scaled back. CEO Bob Fishman and others discuss what lead to this decision.
NATIONAL NEWS
Conectiv Energy Signs Solar Agreement with Vineland Municipal Electric Utility
The two companies, along with the Landis Sewerage Authority (LSA), will develop a green energy project in the state of New Jersey. The initial project is a design-build 4MW solar power facility.
N.C. Utilities Commission Schedules New Hearing on Duke Energy Solar Plan
The N.C. Utilities Commission will hold a hearing March 16 on Duke Energy Carolinas? request that the commission reconsider cost-recovery conditions on Duke’s planned $50 million ?rooftop? solar program.
Dark Days for Green Energy
With banks tightly controlling their money and profits, the main task for the companies is to find new sources of investment capital.
Sunovia to Install Solar PV in Dominican Republic
The facility will represent an investment of approximately US $200 million and create approximately 2,500 jobs.
Texas Lawmakers Push Solar
At least 18 bills have already been filed to support the deployment of solar technologies by legislators from the left and right
Sunrise Solar Explores Technology Acquisition
Sunrise Solar has announced that it has met with a major U.S. research university and initiated discussions regarding the acquisition of new, leading edge solar technology.
Farmington Hills to Reveal Green Changes for City Hall
Residents will get a more detailed look next week at a planned environmentally friendly facelift for the Farmington Hills City Hall.
Renewable Power Could Help Energize Economy
During a visit to Las Cruces on Monday, U.S. Rep. Harry Teague, D-N.M., said southern New Mexicans stand to benefit from renewable energy-related funding that likely will come from a federal economic stimulus bill under consideration by Congress.
Governor’s Veto Upheld
The bill would have limited the associations’ ability to fine homeowners, or ban certain energy-efficiency additions such as solar panels.
Boots on the Roof Launches Solar Training Boot Camps
In response to a projected increase in demand for solar-industry-related labor, solar school Boots on the Roof has launched its Solar Education division.
UTILITY INDUSTRY & REGULATORY NEWS
PG&E Expands Solar Plans
If the utility follows through on its plans, it it would be the first time PG&E builds and retains ownership of its own solar facilities rather than purchasing clean energy through third-party sources.
California ISO Symposium Sheds New Light on Integrating Solar Power
The gathering of more than 175 participants, many in person and others via phone and webcast, focused on better production forecasting for large solar power plants.
FINANCIAL NEWS & MARKETS
Borrego Solar Raises $14M in First VC Round
The company will use the round of financing to expand its commercial and government design and installation operations into the Mid-Atlantic Region and to develop new low-cost integration solutions which will reduce overall system cost and ultimately speed return on investment for its customers.
GT Solar International, Inc. Reports Results for Fiscal Year 2009 Third Quarter
Revenues for the third fiscal quarter totaled $205.2 million, up 46 percent from $140.2 million in the second fiscal quarter and compared with $14.7 million in the third quarter of fiscal year 2008.
AMG Subsidiary Timminco Completes Equity Financing
AMG Advanced Metallurgical Group N.V.’s 50.7% owned subsidiary, Timminco Limited completed its equity offering of 7.04 million common shares at a price of $3.55 per share for aggregate gross proceeds of C$25.0 million.
Alternative Energy?s Banner Year Ends with a Clang
During the fourth quarter, the U.S. electricity generation segment, led by solar companies, received $539 million, or 57 percent of all capital invested, Ernst & Young said.
MARKETS & MARKET RESEARCH
Solar Industry May Be Bright Spot for Professionals in Current Recession
Adam Browning will be part of an industry panel discussing the future of solar and renewable energy for California businesses, jobs, and government agencies.
TECHNOLOGY
Alubond Solar Panels Could save $70M
Suntrof Systems LLC is bringing forth a new innovation in solar collector panels that could bring about savings of around $ 60-70 million and lessen the time for installation by around 5-7 months.
INTERNATIONAL NEWS
Sontor Thin Film Ramp Up On Schedule
The ramp-up of Sontor’s first production facility for micromorph silicon thin-film modules in Solar Valley Thalheim is proceeding on schedule. Sontor GmbH is a wholly-owned subsidiary of Q-Cells SE, founded in 2006 and currently employing 156 people.
Changzhou Trina Solar Energy Signs Deal with GA Solar
Trina Solar will supply Gestamp Asetym Solar between 20MW to 36MW of photovoltaic modules for one year at pre-determined prices.
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