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 Power and AEG Power STAPLES Center and NOKIA Theater
Solar Power and AEG have announced the completion of the installation of new solar electric systems to provide solar power to STAPLES Center and NOKIA Theatre L.A. LIVE.
LA Council Orders Solar Rooftop Measure Drafted
If the council OKs it by Nov. 7, the initiative to add solar panels would be on the March ballot. The panels would provide 400 megawatts to commercial and other buildings by 2013.
NATIONAL NEWS
Sunrise Solar to Power Green Fuels Initiative
Sunrise Solar has been selected as the exclusive partner for the delivery of solar power and solar heating to Brazil BioDiesel’s first US manufacturing facility.
Clear Skies Signs US $5.7M Deal in Greece
Clear Skies Solar Inc. announced that it has signed a US $5.7 million agreement with Achilles Chondronasios & Co. to develop and construct a 960-kilowatt solar power project in Larissa, Greece
Spire to Provide 30 MW Solar Cell Manufacturing Line to Korea
Spire will provide a Spi-Line 30C complete turnkey factory to produce up to 30MW per year of high efficiency solar cells for Hanwha.
Solar Panels Installed on New UNR Student Union
The University of Nevada, Reno, emphasizing environmentally friendly technology, has dedicated new solar panels to provide energy to the new Joe Crowley Student Union.
UTILITY INDUSTRY & REGULATORY NEWS
Duke Energy, Ohio Reach Deal on Rate Increase
Rate increases to average residential customers’ electric bills will be eliminated in 2011 and limited to 2 percent in each of the next two years.
FINANCIAL NEWS & MARKETS
Our Conviction that Solar is Way Oversold
These are just a few examples of what we are seeing in the markets in terms of oversold solar companies based on fundamentals.
VCs Predict Greentech Investment Slowdown
While the long-term outlook for green technology remains strong, the current financial downturn could lead to a “hiccup” over the next year, VCs say.
GOVERNMENT & POLITICS
Benefits of the Rescue Package
California solar companies are beginning to offer attractive financial models that will help homeowners cope with the relatively high up-front cost of solar by partnering with financing companies to offer solar leasing.
TECHNOLOGY
Sputtering Materials Launches CIG Target Alloy, Thin-Film Solar PV Development Service
SMI said its three years of R&D experience with CIG and CIG-doped target materials have paved the way to the company’s high-performance planar CIG targets and developmental CIG deposition services.
INTERNATIONAL NEWS
ICP Solar Announces Sunsei Agreement with Major RV Manufacturer
ICP signed an agreement for the sale of its Sunsei® solar vents to a major North American supplier of recreational vehicles beginning in 2009. This marks the first time that Sunsei® vents will be installed directly at the factory of an RV producer.
Pitched Roof Thin Film System Goes into Operation
Germany’s largest thin-film pitched roof system has been producing solar power since mid October. Over 11,000 Cadmium Telluride modules from First Solar deliver a total of 837kW.
Sunrise Signs Long Term Wafer Supply Contract
Sunrise has signed a long-term silicon wafer supply agreement with Sino-American Silicon Products.
Hyundai Heavy Wins US $40M Deal for Solar Modules
Hyundai Heavy won a US$40 million deal to provide solar modules to a German company, MHH Solartechnik.
Are you in California and interested in solar for your home? Call us at 877.SUN.MOJO or visit our website to learn more.
