Hebei, China: JA Solar Reports First Quarter 2008 Results

JA Solar Holdings today reported financial results for the first quarter ended March 31, 2008.

Total revenue for the first quarter 2008 was RMB 1.12 billion (US$160.0 million), an increase of 234.8% from first quarter 2007 revenue of RMB 335.1 million (US$47.8 million), and an increase of 6.7% from fourth quarter 2007 revenue of RMB 1.05 billion (US$150.0 million).

Hamburg, Germany: Conergy Reports 53% Increase in Sales in First Quarter

Hamburg based Conergy AG, says the company has regained momentum in the first quarter of 2008 and increased sales by 53% to EUR 203 million, compared to the same quarter last year.

Rochester Hills, MI, USA: Energy Conversion Devices Announces Results to March 31, 2008

Total consolidated revenues for the quarter were $70 million, up 24 percent from second quarter revenues of $56.4 million, and 155 percent higher than third quarter fiscal 2007 revenues of $27.4 million.

Albuquerque, NM, USA: SkyFuel Secures Funding for Solar Thermal Power Technology

SkyFuel, Inc. has close $17 million of Series B equity financing from investors led by Leaf Clean Energy Company [LSE: LEAF.L], a publicly traded $400 million clean energy company advised by Energy & Climate Advisors, a joint venture between Shaw Capital, Inc. and EEA Group.

Tempe, AZ, USA: First Solar Announces First Quarter 2008 Results

First Solar today announced its financial results for the first quarter ended March 29, 2008. Quarterly revenues were $196.9 million, down from $200.8 million in the fourth quarter of fiscal 2007 and up from $66.9 million in the first quarter of fiscal 2007.

Sarasota, FL. USA: Sunovia Raises $12 million

Sunovia Energy Technologies has completed its mezzanine round of financing. The company has currently raised a total of $12 million, and continues to allocate proceeds to the development of the scalable CdTe-based solar cell manufacturing facility and sales of the EvoLucia(TM) LED-based solid-state lighting solutions.

Bonn, Germany: SolarWorld AG Meets First Quarter 2008 Forecast

In the first quarter of 2008 SolarWorld AG significantly expanded its national and international solar business. Group sales increased over the previous year by 28 per cent to 167.5 (prior year: 131.1) million EUR.

Valletta, Malta: SunRay Renewable and Denhan Capital to Develop Solar Projects

SunRay Renewable Energy has formed a strategic partnership with Denham Capital Management LP, a global private equity firm, to develop a sizeable portfolio of solar energy projects, including both solar parks and rooftop installations.

Greenwich, CT, USA: First Reserve Completes Acquisition of Gamesa Solar

First Reserve Corporation, a private equity firm specializing in the energy industry, has completed the acquisition of Gamesa Solar, the leading solar energy company in Spain, for a total consideration of euro 261 million.

Toledo, OH, USA: Xunlight Raises $22 Million in Series B Financing

Xunlight Corporation, a developer of low cost and flexible thin-film silicon solar modules, has raised $22 million in a Series B financing.

Oslo, Norway: REC Reports First Quarter 2008 Results

Renewable Energy Corporation ASA (REC) reported revenue of NOK 1,771 million in the first quarter 2008, an increase of 10 percent from NOK 1,616 million in the first quarter 2007 Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to NOK 742 million in the first quarter 2008, a decline of 15 percent from NOK 869 million in the first quarter 2007.

Pasadena, CA, USA: eSolar Raises $130 Million from Idealab

Today, eSolar™, a producer of scalable solar thermal power plants, has closed $130 million in funding from Idealab, Google.org, Oak Investment Partners, and other investors for the construction and deployment of pre-fabricated power plants.

Mississauga, ON, Canada: 6N Silicon Secures up to $20 Million in Financing Led by Good Energies

6N Silicon Inc., a supplier of true solar grade silicon for the photovoltaic industry, announced today that it has secured up to USD $20 million in second round financing.

Marlboro, MA, USA: Evergreen Solar Announces First Quarter 2008 Results

Evergreen Solar, a manufacturer of solar power products with its proprietary, low-cost String Ribbon™ wafer technology, today announced financial results for the quarter ended March 29, 2008. Product sales were $18.3 million for the first quarter of 2008, compared to $16.9 million for the fourth quarter of 2007 and $12.6 million in the first quarter of 2007.

Jiashan, China: ReneSola Increases Full Year Production Output and Revenue Guidance

Chinese wafer manufacturer, ReneSola is increasing its previously issued full year production output and revenue guidance for 2008. Full year production output for 2008 is now expected to be in the range of 310 megawatts (MW) to 320 MW, up from the Company's previously issued guidance of 300 MW.

San Jose, CA, USA: SunPower Reports First-Quarter 2008 Results

SunPower Corporation today announced financial results for the first quarter 2008, which ended March 30, 2008.

Revenue for the 2008 first quarter was $273.7 million, up 22% from prior-quarter revenue of $224.3 million and up 92% from year-ago first-quarter revenue of $142.3 million. The Components and Systems segments accounted for 35% and 65% of first-quarter revenue, respectively.

San Luis Obispo, CA, USA: Norway's REC Makes Investment in Mainstream Energy Corporation

Mainstream Energy Corporation (MSE), a renewable energy company headquartered in San Luis Obispo, California, has completed an equity transaction worth $40 million with Oslo, Norway based Renewable Energy Corporation ASA.

Houston, TX, USA: Standard Renewable Energy Announces $15 Million in Funding

Standard Renewable Energy, a Houston-based provider of energy efficiency and renewable energy solutions, has received $7 million in Series B funding, adding to the $8 million it received less than 12 months ago in its Series A round.

Hamburg, Germany: Conergy Plans Sales of Over 1 Billion Euro in 2008

Five months after the start of its restructuring program, Conergy AG says that the company is significantly more tightly and efficiently organised and is making good progress with its strategic repositioning.

Xinyu City, China: LDK Solar to Offer $300 Million in Senior Convertible Notes

LDK Solar announced today its intention to offer, subject to market and other conditions, approximately $300 million aggregate principal amount of Senior Convertible Notes due 2013 pursuant to Rule 144A under the United States Securities Act of 1933, as amended (the "Securities Act").

Paris, France: EDF Energies Nouvelles Invests in Nanosolar

EDF Energies Nouvelles has signed a photovoltaic panel supply master agreement with Nanosolar and a $50 million investment in the company via EDF Energies Nouvelles Réparties.

Mississauga, ON, Canada: 6N Silicon Secures up to $20 Million in Financing

6N Silicon Inc., a supplier of solar grade silicon for the photovoltaic industry, has secured up to USD $20 million in second round financing. This investment round was led by Good Energies, a global investor in the renewable energy and energy efficiency industry.

Littleton, CO, USA: Hydro Increases Stake to 35% in Ascent Solar

Ascent Solar Technologies, a developer of thin-film photovoltaic modules, has announced that Norsk Hydro ASA, through its subsidiary Norsk Hydro Produksjon AS, has exercised an option to purchase an additional 2,341,897 shares of Ascent Solar common stock and 1,689,905 Class B warrants.

Shanghai, China: Solarfun Reports 2007 Full-Year and Fourth Quarter Results

Solarfun Power Holdings, a vertically integrated manufacturer of silicon ingots and photovoltaic (PV) cells and modules in China, today reported its unaudited financial results for the fourth quarter and the year ended December 31, 2007.

Marlborough, MA, USA: Solar Startup 1366 Technologies Lands $12M in its First Round

1366 Technologies, a new MIT start-up aiming to make silicon solar cells competitive with coal, has secured $12.4 million in a first round of financing co-led by North Bridge Venture Partners and Polaris Venture Partners.

Arlington, VA, USA: AES and Riverstone in $1bn Photovoltaic Joint Venture

The AES Corporation and Riverstone Holdings LLC are committing up to $1 billion as part of a new joint venture to develop a global platform of utility-scale solar photovoltaic (PV) projects.

Toronto, ON, Canada: Timminco Reports Fourth Quarter and 2007 Year End Results

Polysilicon manufacturer, Timminco Limited has released its preliminary financial results for the fourth quarter and fiscal year ended December 31, 2007.

Jiashan, China: ReneSola Announces Fourth Quarter and Full Year 2007 Results

ReneSola Ltd, a Chinese manufacturer of solar wafers, today announced its unaudited financial results for the fourth quarter and year ended December 31, 2007.

Munich, Germany: Wacker Announces Fiscal 2007 Results

For fiscal 2007, Wacker Chemie AG once again posted record sales and earnings figures. Despite higher raw-material and energy costs, as well as negative exchange-rate effects from the strong euro, the Munich-based chemical Group generated an EBITDA of €1.002 billion (2006: €786m)

Wuxi, China: Suntech Closes Offering of US$575 Million Convertible Senior Notes

Suntech Power has closed the offering of US$575 million of 3.00% Convertible Senior Notes due 2013 to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act").

Bonn, Germany: SolarWorld Announces 2007 Financial Results

SolarWorld AG increased profits and sales group-wide in the double digits in fiscal year 2007. In the presentation of its Group Management Report the group confirms the results announced by way of the ad hoc announcements. Accordingly, group sales went up by 35.6 per cent over the previous year to €698.8 (previous year: €515.2) million.

San Francisco, CA, USA: Suntech Power Invests in Polysilicon Manufacturer, Nitol Solar

Nitol Solar, an independent polysilicon producer, and Suntech Power have signed an agreement under which Suntech will acquire newly issued ordinary shares comprising a minority interest in Nitol Solar Ltd. for a total consideration of up to $100 million, subject to the satisfaction of certain conditions.

Hebei, China: JA Solar Reports Fourth Quarter and Full Year 2007 Results

Chinese solar cell manufacturer, JA Solar today reported financial results for the fourth quarter and year ended December 31, 2007. Total revenues for the fourth quarter 2007 were RMB 1.05 billion ($ 144.2 million), an increase of 201.0% from fourth quarter 2006 quarter revenues of RMB 349.4 million ($ 47.9 million), and an increase of 23.7% from third quarter 2007 revenues of RMB 850.0 million ($ 116.5 million).

Wuxi, China: Suntech Power to Raise $425 Million

Suntech Power said the company intends, subject to market and other conditions, to offer an aggregate of $425 million convertible senior notes due 2013, in a private offering to qualified institutional buyers

San Francisco, CA, USA: Taiwanese Company Invests in Cleantech America

Cleantech America, Inc., a leading developer of utility-scale photovoltaic solar farms headquartered in San Francisco, California has received a substantial strategic investment in its Series B equity round from an allied Asian manufacturer of silicon wafers -- Wafer Works Corp.

Jiangsu, China: Canadian Solar Reports Fourth Quarter 2007 and Year End Results

Canadian Solar (CSI) today reported its preliminary unaudited US GAAP financial information for the fourth quarter and the year ended December 31, 2007. Net revenues for the quarter were $127.5 million (including $2.4 million of silicon material sales), compared to net revenues of $24.4 million for the fourth quarter of 2006 (including $8.3 million of silicon materials sales) and $97.4 million for the third quarter of 2007 (including $3.8 million of silicon materials sales).

Changzhou, China: Trina Solar Announces Fourth Quarter and Fiscal Year 2007 Results

Trina Solar, a Chinese integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, founded in 1997, today announced its financial results for the fourth quarter and fiscal year 2007.

Hamburg, Germany: Conergy Sells Austrian Solar Thermal Production Activities

Last Wednesday Conergy AG successfully hived-off its solar thermal production in Althofen, Austria. With this step, Conergy is further pushing ahead its restructuring process, and the associated focus as a supplier in the strong margin solar power business.

Gaithersburg, MD, USA: Standard Solar Raises $3.5 Million

Standard Solar Inc., has received an investment of $3.5 million by Truecast Capital, LLC of Middleburg, Virginia. The 3-year old solar energy services company is headquartered in Gaithersburg, Maryland, a Washington, DC suburb.

Littleton, CO, USA: Ascent Solar and ITOCHU to Pursue Strategic Relationship

After meetings last week in Tokyo, Japan, Ascent Solar Technologies and ITOCHU Corporation of Japan will begin work toward the development of one or more strategic cooperation relationships