FPL to try solar power in South Florida

FPL Group Inc (FPL) plans to build a small solar energy facility in South Florida next year as part of a program that encourages electricity customers to pay an extra fee to support clean power. About 9,000 customers have agreed to pay an additional $9.75 on their monthly electricity bills to support renewable energy through the company's Sunshine Energy program. The company has agreed to build 150 kilowatts of solar power capacity in Florida for every 10,000 customers who sign up, and it expects to pass that mark within a month or so.

Will Outsized Solar Stock Returns Continue?

By Harris Roen Any way you slice it, solar investing has been on a tear for the last year. Of the 69 solar stocks that the Roen Financial Report tracks, three quarters are up for the year. On average solar stocks have gained 85% for the year, with 60% of solar companies up in the double digits. What is most impressive is that the top 17 solar stocks are all up in the triple digits, and one, Canadian Solar Inc. (CSIQ), is up 903%! This article will look at who these outsized performers are, what...

EPOD to Build Five Megawatt Solar Panel Factory

EPOD INTL INC (EPOI.OB) announced that they intend to construct a solar panel manufacturing facility in Kelowna, B.C. An estimated two megawatts of production capacity is anticipated to be available within six months, with the annual capacity of the plant projected to be five megawatts upon completion.

SatCon Launches Largest Photovoltaic Inverter in the Industry

SatCon Technology Corporation (SATC) announced that it has successfully launched its 500kW PowerGate(TM) inverter. The release of the PowerGate(TM) 500kW inverter was one of SatCon's major R&D milestones for 2006, and positions SatCon as the leading provider of high efficiency inverters for the rapidly growing solar markets. The 500kW AE-500-60-PV-A utility-grade PV inverter was successfully listed to the UL 1741 Standard and also received approval from the California Energy Commission (CEC). The acceptance of this inverter by the various agencies not only gives SatCon the largest commercial PV inverter in North America, it also gives SatCon the...

Equus: A Solar Inverter Play For Free!

Equus Total Return (NYSE: EQS) is a closed-end fund that trades at a 42% discount to its net asset value (NAV). The fund invests primarily in both debt and equity instruments of small-caps and private companies. Each quarter, management must report the fair value of its net assets, but the stock market value of Equus is much lower than that of its net assets. Here's a chart showing Equus' discount to its net assets for the last five years: As we can see, Equus is used to trading at a discount to its NAV, but...

EMCORE Corporation Awarded DARPA Very High Efficiency Solar Cell Program Subcontract

EMCORE Corp. (EMKR) announced that it has signed a subcontract to participate in the Defense Research Projects Agency (DARPA) Very High Efficiency Solar Cell (VHSEC) program to more than double the efficiency of terrestrial solar cells within the next 50 months. EMCORE's Photovoltaic division was selected by the University of Delaware, the prime contractor for the DARPA VHSEC program, to develop advanced III-V multi-junction solar cells in Phase I of the program effort. In later phases, EMCORE expects to develop a technology roadmap for enabling significantly lower fabrication costs for the very high efficiency solar cells.

Schwarzenegger provides support for Solar power bill

Gov. Arnold Schwarzenegger on Friday threw his support behind a bill to dramatically increase the number of California homes using solar power, reviving a legislative effort that seemed all but dead last week. The bill calls for placing solar panels on 1 million new and existing homes during the next 13 years and offering rebates to the homeowners or builders who install them. Builders also would be required by 2008 to offer solar panels as an option on new homes in every subdivision with at least 25 houses. Releated Articles: Legislature defeats incentives to spur solar...

Why Do Green Energy Experts Buy Solar Stocks? 

Tom Konrad CFA Green energy experts accept that solar panels are one of the least cost effective ways to reduce your carbon footprint.  Nevertheless, many buy solar stocks.  They should rethink their investment strategies. I recently spoke on "Stock Selection in the Era of Peak Oil and Climate Change" at the ASPO 2009 International Peak Oil Conference.  Whenever green energy enthusiasts find out that I analyze green energy stocks professionally, they react in one of two ways.  Many want to know my top stock pick in general (New Flyer Industries NFI-UN.TO/NFYIF.PK) or in their favorite sector (see below.)   ...

XsunX Power Glass Developer Begins Marketing Phase

XSUNX Inc. (XSNX) will present the benefits of the company's thin-film solar technology systems for use in the development and delivery of an array of new power sources this week in Washington, D.C. at the 2006 National Energy Restructuring Conference sponsored by the National Energy Marketers Associat AUTHOR: manderson TITLE: US to halt nuclear fusion project BASENAME: us_to_halt_nuclear_fusion_proj STATUS: Publish ALLOW COMMENTS: 1 CONVERT BREAKS: __default__ ALLOW PINGS: 0 PRIMARY CATEGORY: Misc CATEGORY: Misc DATE: 07/16/2004 10:16:22 AM BODY: The US is halting its own national nuclear fusion energy project and is joining the International Thermonuclear...

Advanced Solar Energy System to Provide Nearly 50% of Power for NY Science Center

Northern Power Systems, a subsidiary of Distributed Energy Systems Corp (DESC), has received a grant from the New York State Energy Research and Development Authority (NYSERDA) to construct and install a state-of-the-art photovoltaic (solar) energy system at the Black Rock Forest Consortium's Center for Science and Education in Cornwall, New York. The building that will incorporate Northern's solar energy system is both a cutting-edge research center and a sustainable energy facility, utilizing technologies such as self-composting toilets, solar radiation, and geothermal heating and cooling systems. The site also has a sophisticated data acquisition system in place for research...

Solarworld Buys Solar Power Unit From Shell

Solarworld AG (SWV.DE) will buy businesses from Shell to take over as the top maker of solar power equipment in the United States. The news prompted a leap in Solarworld shares, already buoyed by President Bush's pledge to promote new technology to make the United States less dependent on imported oil. The agreement covered Shell factories in Germany and the U.S. and sales operations in Germany, Singapore and South Africa. The price of the deal was not released and is still waiting for regulatory approval.

WorldWater & Power Corp. and Saint Joseph of the Palisades High School Sign Contract...

Worldwater Corp (WWAT) announced that Saint Joseph of the Palisades High School of West New York, N.J., part of the Archdiocese of Newark, has contracted with WorldWater to purchase electrical energy for 10 years generated by a solar electric system. The solar panel array will be installed on the school's roof. Under WorldWater's Alternative Clean Energy Services (ACES) plan, St. Joseph's will not incur any start-up costs for the installation and the school will receives a 10% discount on their cost for power compared to their electric rate. The installation of the solar energy system at the school guarantees...

UL-Listed Aurora Inverters Star at Solar Power Show

Magnetek, Inc. (MAG) is exhibiting its new, state-of-the-art Aurora(TM) photovoltaic (PV) inverter line, just listed by Underwriters Laboratories (UL), at the Solar Power 2004 trade show opening today at the Hyatt Regency Embarcadero Center in San Francisco. Designed for residential applications, the 3.0-kilowatt Aurora inverters change the direct current produced by solar panels into utility-grade alternating current. Magnetek's new inverters are UL-1741 listed for connectivity to the electric utility grid and also UL tested for compliance with CEC and NYCERTA standards for grid-connection. Connectivity to the electric distribution grid enables Aurora inverters to feed power from solar panels...

Brunton Solar Port 4.4

I'm going to be doing some extensive traveling this summer. While traveling I always need to power my various electronic gadgets so I can keep intouch with clients and my office. One of my trips this year is going to London and a photography tour of the English countryside. So I just ordered the Brunton Solar Port to keep all my various batteries charged. I purchased it from Amazon.com and I will do a review once I receive it in a couple days. The Brunton Solar Port 4.4 is available for purchase now at Amazon.com....

SatCon Announces 3.2 Megawatts in Orders for Photovoltaic Inverters

SatCon Technology Corporation (SATC) announced that it has received multiple purchase orders from four new customers for 13 commercial grade inverters equaling 2.3 megawatts (MW), including an order from one of the largest photovoltaic integrators in North America. In addition, a customer that has been operating a trial unit issued a follow-on purchase order for 3 commercial grade inverters totaling 0.9 MW. These photovoltaic inverters trade named PowerGate(TM) are scheduled for delivery prior to the end of the current fiscal year.

Energy Conversion 4Q Sales Disappoint

Energy Conversion Devices Inc (ENER) announced quarterly results on Monday. They beat Wall Street expecations with a less than expected loss, but did not meet sales estimates. They posted a loss of $6.9 million, or 23 cents per share, for the three months ended June 30, compared with a year-ago loss of $11.5 million, or 44 cents per share. The company's loss from continuing operations was 22 cents per share. Wall Street estimates on the loss were 26 cents a share. The stock is currently trading down over 4% in pre-market trading. I have been looking for a...
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