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
California Solar Projects Rush to Beat Deadline for Subsidies
Time is running short, not only for NextEra but for several dozen green-energy projects in California. Ground must be broken on them before year’s end to get federal stimulus funds worth 30% of the projects’ cost.
Cost to California of Tax Breaks for Greentech Equipment Questioned
Schwarzenegger and legislators say the state won’t lose a cent because the credits will lure firms and create jobs. But economists and other experts say the claim is misleading.
NATIONAL NEWS
Detroit Edison Looks for Solar Host Facilities
Detroit Edison is looking for several businesses and educational institutions with large rooftops or ground area to host solar energy installations that will provide renewable energy and reduce their energy bills.
Applied to Lower Investments in SunFab
Applied Materials Inc. plans to lower its investments in its SunFab solar technology amid disappointing results in the arena.
Constellation Energy Completes 1.2MW Solar and Wind System
The campus will utilize solar and wind power to generate electricity and provide students with educational experiences with renewable energy technologies.
UTILITY INDUSTRY & REGULATORY NEWS
Investigator Named for Independent Evaluation of PG&E’s Smart Meters
The California Public Utilities Commission announced Tuesday that it has hired the Structure Group of Houston to conduct a long-awaited independent evaluation of PG&E’s SmartMeters.
MARKETS & MARKET RESEARCH
A Lifetime in the Solar Industry: Travis Bradford
Live coverage: At least it feels like a lifetime for this expert analyst and forecaster
Solar’s Big Question: What Happens in the Second Half?
Will the second half of 2010 look like the first half of 2009?
FINANCIAL NEWS & MARKETS
Manz Automation AG Publishes Annual Report 2009
In the fourth quarter of 2009 alone, revenues totaled € 39.2 million (previous year: € 77.4 million).
REC Replaces Existing Credit Lines, Issues New Equity
Renewable Energy Corp. ASA, the Norwegian maker of solar energy components, will replace its existing syndicated bank credit and guarantee facilities and issue new equity to strengthen its capital.
Entech Solar Announces 2009 Results and Product Updates
For the full 2009 fiscal year, the Company’s revenues were $2.2 million, compared to $30.8 million for fiscal year 2008.
INTERNATIONAL NEWS
T-Solar Said to Seek 250M Euros in Share Sale
Grupo T-Solar Global SA may seek to raise about 250 million euros ($336 million) in an initial public offering, two people with knowledge of the talks said.
China Longyuan Develops Solar Projects to Meet Demand
China Longyuan Power Group Corp., the country’s biggest wind-power producer, is developing solar projects to meet rising demand for clean energy.
Booming China Solar: Neo Solar Power
By the end of this year, the company will have installed capacity of 600 megawatts.
Inverter Shortage Hobbling European Solar Installation
Rapid growth of the solar photovoltaic industry in Europe in recent years has created an extremely fertile market for not only the solar photovoltaic industry, but also for the solar inverter industry.
Atlantic Wind and Solar to Acquire CIT Manufacturer
Atlantic Wind and Solar Inc. is acquiring a 60% interest in Aim Global Energy Inc., the manufacturer of leading edge, high-yield converter/inverter (CIT) technology used in AWSL’s high yield Renewable Energy systems.
