Spire to Provide Prisolartec GmbH with Solar Module Production Line

Spire Corp (SPIR) announced that it has entered into a contract with J.v.G. Thoma GmbH, Spire's sales and service representative in Germany, to provide Prisolartec GmbH of Perleberg, Germany, with Spire's multi-megawatt entry level, turnkey photovoltaic (PV) module manufacturing production line. The production line includes equipment for solar cell stringing and lay-up, lamination, framing, and module testing. Prisolartec selected Spire Corporation as their equipment supplier based on Spire's superior experience, the quality of its equipment, Spire's competitive offering, and its proven ability to provide training assistance to establish their operations.

Endesa Reports 52 Percent Rise in Profit

ENDESA (ELE) reported a 52 percent increase in third-quarter profit Wednesday and said it will distribute almost 2.12 billion euros ($2.48 million) in dividends for the year. The company said it will pay out nearly 2 euros ($2.34) a share in dividends for 2005. The increased dividend is an attempt to ward off a hostile takeover attempt by Gas Natural. The stock way paying an almost 4% dividend yield and this move takes the divendend up near 12% with the special payout. Today I purchased the second third of my planned holdings for ELE in ...

XsunX, Inc. Secures $5 Million Financing

XSUNX Inc. (XSNX) announced that it has accepted $5,000,000 in financing from Cornell Capital Partners, LP to help drive the continued development and growth of the Company. Under the terms of the new financing, the Company would begin receiving the influx of growth capital immediately allowing for a more rapid acceleration of R&D and the initiation of business development efforts.

Nation’s First Completely Solar-powered CVB Website Prepares to Launch

On September 1, 2004, the Portland Oregon Visitors Association (POVA) is scheduled to become the nation's first convention and visitors bureau (CVB) to launch a website 100 percent powered by solar energy. That's right, in a city renowned for its lush, abundant rainfall, the local CVB's website— www.travelportland.com —is transitioning to a completely solar-powered energy source.

Solar Stocks Double from Lows

L. Myron Clark A two-day surge on Feb. 8-9 took at least thirteen solar energy stocks more than twice their recent lows.  These names represent about half the publicly traded companies in the industry (on an unweighted basis).  The "two-bagger" stocks follow somewhat different patterns, as indicated in the two graphs below.  Several of them hit their 52-week lows in late September or early October 2011, close to the bottom in the broad market.  Those lows ranged from 80% (YGE) to 86% (JKS) below the respective 52-week highs.  The companies include: Jinkosolar Holding Co (JKS), ...

Solar Parking Developer Envision Solar Now Public (OTCBB:EVSI)

Tom Konrad, CFA One of the best things about Solar Photovoltaics (PV) is that they can be installed close to load but need not take up open space.  Now public company Envision specializes on solar shading for parking lots that not only produces power, but also shade where it's needed most. I lived in Tucson, Arizona for two years in the early 2000s.  Like everyone who lives in the desert Southwest for any length of time, I became very aware of what would happen if I left my car in an open parking lot for more than...

Epic Changes Are Coming in the Electric Power, Transportation and Energy Storage Sectors

John Petersen Epic is the only word I can use to describe an evolving tragedy that killed tens of thousands of people, inflicted hundreds of billions in property damage, destroyed 3.5% of Japan's base-load power generating capacity in a heartbeat and will cause recurring aftershocks in the global electric power, transportation and energy storage sectors for decades. While I'd love to believe the worst is behind us, I fear the times of trouble have just begun. Since it's clear that Japan will have to turn inward and serve the urgent needs of its own population first, the...

Siemens Bows Out of Solar, Announces Renewed Focus on Wind and Hydro Power

Vince Font Siemiens wind turbines at the Gunfleet Sands Offshore Wind Farm 4 km from Gunfleet Sand, Essex, Great Britain. Siemens AG is selling its solar business, and will focus its renewable energy efforts on hydro power and wind energy.  Siemens is an established “clear market leader for offshore wind power” according to Managing Board member Michael Süß.  Photo credit: Ashley Dace Citing slow growth, low profit and high cost, Siemens AG (NYSE:SI) announced that it would be selling its solar energy business as part of...

Fool.com comments on ENER

The Motley Fool finally had something good to say about an alternative energy stock. It just so happens to be for one I purchased earlier this morning. Don't look now, but Energy Conversion Devices might just prove to be that rare bird an alternative energy play with actual products and a reasonable chance of living up to lofty investor expectations. ... It would appear to me that hybrid vehicle batteries are the biggest near-term opportunity. Although the company didn't specify the customers, it has acknowledged receiving production orders for battery packs. They say that...

WorldWater & Power Corp. Signs $1.8 Million Contract to Supply Solar Electric Power to...

Worldwater Corp (WWAT) announced signing of a contract for $1.8 million to supply solar-generated electricity for a tree farm in California. The company's proprietary solar AquaMax(TM) will drive a 200 hp water pump in addition to the system saving an estimated 70% of the Cocopah tree farm's electrical bills, according to Quentin T. Kelly, WorldWater's Chairman and CEO.

Solar: DoE Ends Loan Guarantee Program with Final $4.7bn in Approvals

by Clean Energy Intel This past Friday, the 30th September, was the final day for approvals under the Department of Energy's 1705 Loan Guarantee Program. This was of course set up as part of the 2009 stimulus law and extended an existing Energy Department loan guarantee program. Activity at the DoE under the program has also now of course become a highly political issue in the aftermath of the move by Solyndra into Chapter 11 - leaving the program exposed on its $535m loan guarantee, extended to the company in September of 2009. In...

Politics Likely to Continue to Cast Shadow Over Solar

by Clean Energy Intel Solar stocks have clearly been heavily affected by the political fall out following the Solyndra affair - and unfortunately the political debacle only looks likely to get worse. The Hill now reports that the Republicans on the House Energy and Commerce Committee are deeply focused on attempting to prove that the Obama Administration broke the law in restructuring the $535m loan guarantee it had granted to Solyndra. Clearly, this is largely politically motivated and as such is only likely to remain so as we move deeper into the election season. However, from an...

Major Solar Power System to Be Implemented at Timberland’s California Distribution Center

Distributed Energy Systems Corp (DESC) announced that it has entered into an agreement to design, engineer and construct a 400 kW solar power system at Timberland's 429,000 square-foot Ontario distribution center in Southern California. The 401.8 kW photovoltaic (PV) system will be installed on a new "TruckPort" steel mounting structure next to Timberland's warehouse, leveraging an unused area of the facility's truck yard by providing storage space for the facility as well as shaded parking for employees. A total of 1,960 PV modules will be mounted on the structure in strings of 14 each. The high-efficiency modules and...

Metrics for Thin Film Solar CIGS Company Comparisons

Joseph McCabe Many people ask me, “which CIGS company is going to emerge as winner in the race towards high efficiency thin film PV’s? To provide an enlightened perspective to the question, some historical perspectives are needed. First Solar (FSLR) has helped the Thin Film PV Industry by proving that respectable solar to electric area efficiencies can be achieved in a low cost manufacturing processes, with respectable performance over time. First Solar’s technology is cadmium telluride (CdTe) on glass. Previously, amorphous silicon was the thin film leader, with the highest commercially available thin film area efficiencies; currently they...

Worldwater & Power Corp. to Provide Solar Electric System for Richard Stockton College of...

Worldwater Corp (WWAT) announced the signing of an agreement to install a solar electric power system on the campus of Richard Stockton College of New Jersey in Pomona. The project involves the installation of the photovoltaic system on the roof of a new building that houses faculty offices and academic space. The project is a collaborative effort between WorldWater & Power Corp. and Eastern Energy Services of Southampton, N.J. WorldWater & Power will provide engineering, materials and equipment required to complete the project in accordance with the proposal.

Solar Integrated Technologies and GE Commercial Finance Energy Financial Services Team Up to Finance...

Energy Conversion Devices Inc (ENER) announced that Solar Integrated Technologies (SIT), a Los Angeles-based manufacturer of photovoltaic roofing systems for commercial and industrial buildings, has teamed up with GE Commercial Finance Energy Financial Services to fund SIT's solar roofing projects which utilize Uni-Solar Ovonic's flexible photovoltaic laminates. The first project will be with the San Diego City Schools with which SIT has a contract to install more than 2 MW of solar roofs.
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