|
| Date |
Solar
Company News |
| May
12, 2008 |
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).
|
| May
9, 2008 |
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.
|
| May
8, 2008 |
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.
|
| May
8, 2008 |
Los
Gatos, CA, USA: Akeena Solar Announces First Quarter 2008
Results
Net
sales for the first quarter of 2008 were $12.2 million, an
increase of 94.7% compared to $6.3 million in net sales in
the first quarter of 2007 and an increase of 18.7% compared
to $10.3 million in sales in the fourth quarter of 2007.
|
| May
2, 2008 |
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.
|
| Apr
30, 2008 |
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.
|
| Apr
30, 2008 |
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.
|
| Apr
28, 2008 |
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.
|
| Apr
28, 2008 |
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.
|
| Apr
28, 2008 |
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.
|
| Apr
25, 2008 |
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.
|
| Apr
23, 2008 |
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.
|
| Apr
21, 2008 |
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.
|
| Apr
17, 2008 |
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.
|
| Apr
17, 2008 |
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.
|
| Apr
17, 2008 |
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.
|
| Apr
17, 2008 |
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.
|
| Apr
11, 2008 |
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.
|
| Apr
9, 2008 |
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.
|
| Apr
9, 2008 |
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.
|
| Apr
8, 2008 |
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").
|
| Apr
4, 2008 |
Portland,
OR, USA: SunEdison Acquires Portland's Renewable NRG
SunEdison, North America’s largest solar energy services provider,
today announced that on March 7, 2008 it acquired the business
of Renewable NRG™, a leading solar company in Portland. |
| Apr
1, 2008 |
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.
|
| Mar
31, 2008 |
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.
|
| Mar
27, 2008 |
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.
|
| Mar
27, 2008 |
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.
|
| Mar
26, 2008 |
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.
|
| Mar
25, 2008 |
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.
|
| Mar
24, 2008 |
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.
|
| Mar
19, 2008 |
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.
|
| Mar
18, 2008 |
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)
|
| Mar
18, 2008 |
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").
|
| Mar
17, 2008 |
Bangalore,
India: TATA/BP Solar to Raise $78 million
Tata BP Solar, a Tata Power and BP solar joint venture company
has signed an agreement with Calyon Bank (Credit Agricole
CIB) and BNP Paribas and among others, to raise USD 78 million
to fund its 128MW Solar Cell Expansion Project. |
| Mar
14, 2008 |
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.
|
| Mar
13, 2008 |
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 $100 million, subject to the satisfaction of certain
conditions.
|
| Mar
12, 2008 |
Hebei,
China: JA Solar Reports Fourth Quarter and Full Year 2007
Results
Chinese
solar cell manufacturer, JA Solar today reported financial
results for the fourth quarter and year ended December 31,
2007. Total
revenues for the fourth quarter 2007 were RMB 1.05 billion
($ 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).
|
| Mar
11, 2008 |
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
|
| Mar
6, 2008 |
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.
|
| Mar
5, 2008 |
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).
|
| Mar
4, 2008 |
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.
|
| Mar
4, 2008 |
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.
|
| Mar
3 , 2008 |
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.
|
| Mar
3 , 2008 |
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
|
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