Oslo, Norway: Hydro Boosts Investment in Ascent Solar

Hydro invested $15 million in the US solar energy company Ascent Solar on Monday. The purchase took place as Hydro exercised a call option issue, increasing the company’s ownership share from 26.5 to 35 per cent.

Bethel, CT, USA: Apollo Solar Completes $4.5M Private Offering

Apollo Solar, which specializes in the design and manufacture of premium power electronics for solar energy systems, has raised $4.5 Million in a private offering of preferred stock.

Greenville, MI, USA: Energy Conversion Devices Accelerates Expansion Plans

Energy Conversion Devices yesterday discussed several new strategic initiatives with analysts at its first company-sponsored Investor Day.

San Francisco, CA, USA: Suntech Expands US Market Presence

Suntech Power today announced three initiatives designed to significantly expand its share of the U.S. solar market.

London, United Kingdom: Centrica plc Agrees to Acquire Solar Technologies

Centrica plc, the owner of British Gas, has acquired Solar Technologies Group Limited for £2.8 million in cash, including the repayment of debt.

Mainz, Germany: SCHOTT Solar AG Sets IPO Price Range

Further details for the planned IPO have been determined by SCHOTT Solar AG, the current shareholder SCHOTT AG as well as the Joint Global Coordinators and Joint Bookrunners Commerzbank, Deutsche Bank and J.P. Morgan.

Paris, France: EDF Energies Nouvelles Raises €500 Million

EDF Energies Nouvelles has successfully raised €500 million to support is solar photovoltaic initiatives.

Charlotte, NC, USA: Sencera Completes $15.6 Million Second Round Staged Equity Placement

Sencera, a developer of photovoltaic modules and thin film systems, has completed a three-stage $15.6 million equity investment.

Solana Beach, CA, USA: Open Energy Enters Into $4.7 Million Financing Agreement

Open Energy Corporation has entered into a definitive financing agreement with The Quercus Trust, one of the leading cleantech venture funds in North America.

San Francisco, CA, USA: GreenVolts Closes $30 million in Series B Financing

GreenVolts, a company in the field of concentrating photovoltaic (CPV) technology, has secured $30 million in Series B funding from Oak Investment Partners.

Los Angeles, CA, USA: SolarReserve Closes $140M in Funding for Solar Thermal Electric Projects

SolarReserve, a developer of utility scale renewable energy solar power plants, has closed a second round of funding totaling $140 million.

Hamburg, Germany: LG Electronics and Conergy Sign Module Manufacturing MOU

Korea's, LG Electronics and Conergy AG have signed a memorandum of understanding to form a joint venture in the solar module manufacturing business. LG would acquire a 75 percent stake in Conergy’s solar module plant in Frankfurt (Oder), under the deal, and Conergy would retain 25 percent.

Petaluma, CA, USA: Enphase Energy Raises $15 Million

Enphase Energy, Inc., a developer and manufacturer of solar micro-inverter systems, has raised $15 million in new funding to expand manufacturing of its groundbreaking products.

Padova, Italy: Silfab S.p.A Receives €30 Million Capital Investment

Silfab S.p.A., an emerging producer of solar-grade polysilicon, announced this week that Sino-American Silicon Product Inc (SAS) Board has approved an investment in Silfab an amount of €30 million equity.

Fort Collins, CO, USA: AVA Solar Completes $104 Million Equity Financing

AVA Solar, a thin-film photovoltaic module manufacturer located in Fort Collins, Colorado, has completed its second institutional equity round of financing.

San Jose, CA, USA: NanoSolar Increases Funding to Nearly $500M

As part of a strategic $300 million equity financing, Nanosolar has added new capital bringing its total funding to date to just below half a billion U.S. dollars.

Wuxi, China: Suntech Reports Second Quarter 2008 Financial Results

Suntech Power today announced second quarter 2008 financial results. Total net revenues for the second quarter of 2008 were $480.2 million, representing an increase of 51.3% from the corresponding period in 2007.

New Rochelle, NY, USA: Aquus Energy, Inc. Acquires Two Solar Energy System Integrators

Aquus Energy, Inc. a provider of solar energy systems to commercial and residential customers in the Mid Atlantic and Northeastern regions of the U.S., announced the acquisitions of Mercury Solar Systems, LLC and Mercury Solar, LLC (together "Mercury Solar Systems") based in New Rochelle, New York and Energy Enterprises, Inc. based in Mays Landing, New Jersey.

Berlin, Germany: Solon AG Reports First Half 2008 Results

German module manufacturer, SOLON AG today presented its interim report for the six-month period ending June 30, 2008. Total Group revenues rose by 112% to EUR410.6 million in the first half of 2008 (H1 2007: EUR193.7 million).

Hopland, CA, USA: Real Goods Solar Acquires Independent Energy Systems

Real Goods Solar, Inc is expanding its solar energy integration business through the acquisition of Independent Energy Systems, Inc. (IES) of Santa Cruz, California.

Wuxi, China: Suntech Completes Investment in Nitol Solar

Suntech Power has completed the final round of its $100 million in aggregate purchase of a minority interest in Nitol Solar, an independent polysilicon producer.

Changzhou, China: Trina Solar Announces Second Quarter 2008 Results

Trina Solar's net revenues in the second quarter of 2008 were $204.2 million, an increase of 69.2% sequentially and 171.1% year-over-year. Total shipments in the second quarter of 2008 increased to 47.57 MW, up from 29.49 MW in the first quarter of 2008 and 20.33 MW in the second quarter of 2007.

Erfurt, Germany: ersol Solar Energy Reports First Half Results

ersol Solar Energy AG (ersol) generated consolidated revenues of € 129.9 million in the first six months of 2008. Revenue increased by 86.0 percent year-on-year (H1 2007: € 69.8 million).

Oldenburg, Germany: Aleo Solar Announces First Half 2008 Results

aleo solar AG increased its revenue by 76.9% in the first half of 2008 to EUR 159.4 million (H1 2007: EUR 90.1 million). The proportion of international revenue amounted to 59.0%.

Bitterfeld-Wolfen, Germany: Q-Cells Publishes Results for First Half 2008

German solar cell manufacturer, Q-Cells AG has presented its report as of 30 June 2008. Production rose by 65% to 263.5 Megawatt peak (MWp) in the first six months of 2008 (first half-year 2007: 159.8 MWp).

Oslo, Norway: REC Reports Results for Second Quarter and First Six Months 2008

Renewable Energy Corporation ASA (REC) has reported revenues of NOK 2,121 million in the second quarter 2008, an increase of 27 percent from the NOK 1,673 million reported in the second quarter of 2007.

Xinyu City, China: LDK Solar Reports Financial Results for the Second Quarter 2008

Net sales for the second quarter of fiscal 2008 were $441.7 million, up 89.2% from $233.4 million for the first quarter of fiscal 2008, and up 345.9% year-over-year from $99.1 million for the second quarter of fiscal 2007.

Hamburg, Germany: Conergy AG Reports First Half 2008 Results

Conergy AG, the Hamburg-based solar energy company, grew its business in the first half of 2008, which saw significant restructuring. Conergy raised its First Half 2008 sales by 87 percent to EUR 582 million, compared with the same period in the previous year.

Sulzemoos, Germany: Phoenix Solar Issues Preliminary Second Quarter 2008 Results

According to the preliminary figures from systems integrator, Phoenix Solar AG, in the period from 1 April to 30 June 2008, the Phoenix Solar Group lifted total revenues substantially, both in its domestic and international business, to EUR 110.2 million, which is an increase of 152 percent (Q2/2007: EUR 43.8 million).

Los Gatos, CA, USA: Akeena Solar Announces Second Quarter 2008 Results

Akeena Solar, a designer and installer of solar power systems, yesterday announced results for the second quarter of 2008.

Net sales for the second quarter of 2008 were $7.1 million, a decrease of 6.0% compared to $7.5 million in net sales in the second quarter of 2007 and a decrease of 42% compared to $12.2 million in sales in the first quarter of 2008.

Madrid, Spain: GE and Grupo Corporativo Invest in Fotowatio

GE Energy Financial Services, a unit of GE and Grupo Corporativo Landon are to invest about US $350 million (€225 million) in Fotowatio, one of Spain’s largest and most successful solar power project developers.

Bonn, Germany: SolarWorld Announces Second Quarter Results

SolarWorld AG has reported 2nd quarter 2008 results. Group sales from April through June went up by 46.6 per cent over the same period last year to 259.6 (previous year: 177.1) million EUR and by 38.6 per cent in the 1st half of 2008 to 427.1 (previous year: 308.1) million EUR.

Phoenix, AZ , USA: First Solar Reports Second Quarter 2008 Results

First Solar, Inc. (Nasdaq: FSLR) today announced its financial results for the second quarter ended June 28, 2008. Quarterly revenues were $267.0 million, up from $196.9 million in the first quarter of fiscal 2008 and up from $77.2 million in the second quarter of fiscal 2007.

Branchburg, NJ, USA: Voltaix Receives $12.5 Million in Financing from Intel Capital

Voltaix, a leading provider of materials that enhance the performance of semiconductor chips and solar cells, announced today that it has received $12.5 million in financing from Intel Capital, the global investment arm of Intel Corporation.

Vancouver, BC, Canada: Schneider Electric to Acquire Xantrex Technology

Xantrex Technology has entered into a definitive agreement to be acquired by Schneider Electric for a cash purchase price of CDN$15.00 per share, representing a premium of approximately 55% over the “undisturbed” average closing price of Xantrex’s shares on the Toronto Stock Exchange.

San Jose, CA, USA: SunPower Acquires Solar Sales, a Leading Australian Distributor

SunPower Corporation has completed the acquisition of Australian integrator and distributor, Solar Sales Pty Ltd. With this acquisition, SunPower now extends its global presence into the emerging Australian solar market.

New York, NY, USA: GT Solar International Prices Initial Public Offering

GT Solar International has announced that the initial public offering of 30.3 million shares of its common stock has been priced at $16.50 per share.

Vancouver, BC, Canada: Xantrex Technology in Negotiations for Sale of Company

Xantrex Technology has announced that it is in exclusive negotiations with respect to the sale of the Company.

Hamburg, Germany: Conergy to Raise €450 million

The Management Board of Conergy AG with the consent of the Supervisory Board today announced plans for a significant increase of the company’s equity base to substantially strengthen the balance sheet of the company.

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

Revenue for the 2008 second quarter was $382.8 million, up 40% from prior- quarter revenue of $273.7 million and up 120% from year-ago second-quarter revenue of $173.8 million. The Components and Systems segments accounted for 29% and 71% of second quarter revenue, respectively.

San Francisco, CA, USA: Recurrent Energy Announces $75M in Solar Funding

Recurrent Energy, a solar power developer and the pioneer in "Solar as a Service", is partnering with Hudson Clean Energy Partners. Hudson has committed an initial $75MM to fund the expansion of Recurrent Energy’s business providing Solar as a Service to commercial and industrial properties, as well as utility and government markets in North America, and emerging markets worldwide.

Berlin, Germany: Sulfurcell Secures Financing for Major Expansion

Sulfurcell, a developer and manufacturer of CIS/CIGSe (copper indium gallium sulfide/selenide) photovoltaics has secured EUR 85 million ($ 135M) equity funding for a significant expansion of its manufacturing with a new plant in Berlin for the production of CIS/CIGSe based thin-film solar modules.

White River Junction, VT, USA: groSolar Acquires Chesapeake Solar

groSolar, a provider of solar energy solutions, has acquired Chesapeake Solar, a leading installer of solar energy systems in the Mid-Atlantic region.

Marlboro, MA, USA: Evergreen Solar Closes $374 Million Public Offering of Senior Convertible Notes

Evergreen Solar has closed the sale of its previously announced underwritten public offering of 4% senior convertible notes due 2013, which included $325 million aggregate principal amount of notes sold on July 2, 2008 and $48.75 million aggregate principal amount of notes sold on July 8, 2008, pursuant to the exercise in full of the underwriters' over-allotment option.