Wuxi, China: Suntech Reports Third Quarter 2009 Financial Results

Suntech Power has reported total net revenues for the third quarter of 2009 were $473.1 million, an increase of 47.4% from $321.0 million in the second quarter of 2009.

Berlin, Germany: SOLON SE Presents Third Quarter 2009 Results

SOLON SE, today published its interim report as of September 30, 2009. The first nine months of the year were characterized by significantly lower demand for solar technology year on year and a sharp drop in sales prices, which persisted into the third quarter.

Hong Kong, China: GCL-Poly Energy and China Investment Corporation Enter into a Framework Agreement

GCL-Poly Energy has entered into a binding framework agreement with China Investment Corporation, pursuant to which CIC will subscribe for an aggregate of 3,108 million new shares at the subscription price of HK$1.79 per share.

Shanghai, China: Solarfun Reports Third Quarter 2009 Results

Total net revenues were RMB 986.8 million (US$144.6 million) in the third quarter of 2009, representing a decrease of 22.6% from RMB 1,274.8 million in the third quarter of 2008 and an increase of 15.5% from RMB 854.6 million in the second quarter of 2009.

Xinyu City, China: LDK Solar Sells 15% Ownership Stake in Polysilicon Plant

LDK Solar has entered into an agreement to sell a 15% ownership stake in its 15,000 metric ton (MT) annualized capacity polysilicon plant in Xinyu City, China.

The volume of cells sold to external customers rose by 87% to 103 MWp compared with the previous quarter. A further volume of 21 MWp was delivered to the company’s own Q-Cells International project business.

Freiburg, Germany: S.A.G. Solarstrom Reports Third Quarter Results

Sales of €44.8 million in the third quarter alone contributed to an increase in consolidated group sales over the first nine months to €76.5 million (previous year: €64 million).

Sulzemoos, Germany: Phoenix Solar Reports Third Quarter Results

In the three months from 1 July to 30 September 2009, domestic business in the Components & Systems segment was the dominant factor. Despite sharp declines in modules prices, revenues in this segment climbed by 11.4 percent to EUR 76.2 million (Q3/2008: EUR 68.4 million).

Hong Kong, China: China Solar Power Purchases ThinSilicon

China Solar Power (Holdings) Ltd. (“CSP”), a manufacturer of thin film amorphous silicon photovoltaic modules, today announced that it purchased ThinSilicon, Inc., a leading developer of thin film manufacturing process technology based in Mountain View, CA.

Shanghai, China: JA Solar Announces Third Quarter 2009 Results

Revenue in the third quarter of 2009 was RMB 1.3 billion ($193.3 million), an increase of 119.6 percent from RMB 600.7 million ($88.0 million) reported in the second quarter of 2009 and a decrease of 37.8 percent from RMB 2.1 billion ($310.7 million) reported in the third quarter of 2008.

Merrimack, NH, USA: GT Solar International, Inc. Reports Results

Revenue for the second fiscal quarter totaled $104.2 million, compared with $140.2 million in the second quarter of fiscal year 2009. Revenue for the second fiscal quarter included $62.4 million in the PV segment and $41.8 million in the polysilicon segment.

Santa Clara, CA, USA: Applied Materials Acquires the Assets of Advent Solar

Applied Materials has acquired substantially all the assets, including the intellectual property, of Advent Solar, Inc. for an undisclosed cash amount. Advent Solar is a developer of advanced technology for crystalline silicon (c-Si) PVs.

Freiburg, Germany: Solar-Fabrik Reports Third Quarter 2009 Results

Solar-Fabrik AG has reported 3rd quarter net results of 2.120 million euros - or 2.489 million euros EBIT - corresponding to 0.19 EUR earnings per share.

Munich, Germany: Wacker Reports Third Quarter 2009 Results

Wacker Chemie AG posted strong quarter-on-quarter sales and earnings growth in July through September 2009. Fueled chiefly by higher volumes, sales reached €986.5 million (Q3 2008: €1,156.9m).

Marlboro, MA, USA: Evergreen Solar Reports Third Quarter Results

Revenues for the third quarter of 2009 were $77.7 million, including $2.2 million of fees from our Sovello joint venture, compared to $63.8 million for the second quarter of 2009, including $1.1 million of fees and $22.1 million for the third quarter of 2008, including $4.3 million of fees.

Bonn, Germany: SolarWorld Reports Third Quarter 2009 Results

SolarWorld Group revenues in third quarter amounted to € 232.5 million (previous year: 238.3) and rose in comparison with the second quarter of 2009 by three percent during a period of declining prices.

Golden, CO, USA: Ampulse Raises $8 Million in Series A Funding

Ampulse Corporation, a developer and manufacturer of solar cell solutions based on proprietary and patented crystalline-silicon (c-Si) thin-film technology, has closed an $8 million Series A funding

Stuttgart, Germany: Bosch Acquires 69% Shareholding in Aleo Solar

The Bosch Group has acquired the majority shareholding in the module manufacturer aleo solar AG. Including additional acquisitions and tendered stock, Bosch has now secured 68.70 percent of aleo stock.

Terni, Italy: TerniEnergia Acquires Capital Energy srl

Italian PV system integrator, TerniEnergia, has executed agreements for the acquisition of Capital Energy. Capital Energy is a limited liability company, with its registered office in Nardò (Lecce).

Berlin, Germany: AT&M and Odersun AG to Form Thin Film Joint Venture

Advanced Technology & Materials Co., Ltd. (AT&M), a Chinese stock-listed high-tech enterprise in advanced materials, and Odersun AG, a German manufacturer of thin-film solar cells and modules, today announced the plan to form a joint venture in Beijing, China, for the production and sales of solar cells and modules based on Odersun proprietary thin-film technology.

Bitterfeld-Wolfen, Germany: Q-Cells Terminates Agreement with LDK Solar

Q-Cells SE has terminated the agreement concluded in December 2007 with the Chinese solar company LDK Solar for the supply of solar wafers, as Q-Cells says that LDK Solar did not fulfil significant contractual obligations.

Oslo, Norway: REC Group Reports Third Quarter Results

Renewable Energy Corporation ASA (REC) reported revenue of NOK 2,160 million in the third quarter 2009, an increase of 13 percent from NOK 1,919 million in the third quarter 2008.

First Solar, Inc. today announced its financial results for the third quarter ended September 26, 2009. Quarterly revenues were $480.9 million and excluded the Sarnia project, which was over 65% completed at quarter end.

Constance, Germany: Sunways to Sell Interest in MHH Solartechnik

Under a purchase contract dated yesterday, Sunways AG, Constance, Germany sold all its shares in MHH Solartechnik GmbH, Tuebingen, Germany, to BayWa Green Energy GmbH,

Seoul, South Korea: Hanwha Chemical to Invest $673M in Solar Sector

South Korea's Hanwha Chemical (009830.KS) said on Friday it would invest 800 billion won ($673 million) in the solar cell business in the next six years.

St Peters, MO, USA: MEMC to Expand Scope of Solar Business with Acquisition of SunEdison

MEMC has reached a definitive agreement to acquire privately held SunEdison LLC, a developer of solar power projects and North America's largest solar energy services provider.

Pfäffikon, Switzerland: Oerlikon Reports Results for First Nine Months of 2009

At CHF 2.3 billion, order intake for the Oerlikon Group's continued operations during Q1-Q3 2009 was down 35 percent year-on-year. During the first half of 2009, order intake fell 39 percent despite two major Solar contracts.

Los Gatos, CA, USA: Akeena Solar Announces Third Quarter 2009 Results

Net sales for the third quarter of 2009 were $7.7 million compared to $10.6 million in net sales in the third quarter of 2008, and $5.9 million in the second quarter of 2009.

Niestetal, Germany: SMA Reports Interim Third Quarter Results

In the third quarter of 2009, SMA Solar Technology saw strong demand for SMA photovoltaic inverters in Germany and abroad, sales rose by 38 % to c. EUR 312 million in the third quarter (previous year quarter: EUR 226.7 million).

Munich, Germany: CentroSolar Reports Third Quarter 2009 Results

Centrosolar Group AG was able to report the best result in the history of the company for the third quarter of the current financial year. After one-off losses following the financial crisis in the first half, the company says that it can now demonstrate in the second half that its long-term financial strategy of concentrating on downstream segments without long-term upstream price commitments is paying off.

Munich, Germany: Siemens to Acquire Solel Solar for $418M

Siemens AG is to acquire the solar thermal power company Solel Solar Systems Ltd. To date, the majority stake has been held by Ecofin Ltd., a London-based investment firm, and another major shareholder.

Niskayuna, NY, USA: GE Joins $23M SolarEdge Funding Round

SolarEdge, whose technology, the company says increases solar power systems’ output by up to 25 percent, announced today that GE unit GE Energy Financial Services has joined a US$23 million funding round to support growth in residential and large-scale photovoltaic sites.

Kitchener, ON, Canada: Canadian Solar Announces Follow-on Public Offering

Canadian Solar intends to offer, subject to market and other conditions, approximately 6 million shares of common stock. In connection with this offering, the underwriters will have an option to purchase up to an additional 900,000 shares of common stock.

Toronto, ON, Canada: Morgan Solar Raises $4.7 Million

Morgan Solar Inc., a Toronto based solar energy start-up, completed the first part of their Round A investment, securing USD $4.7 Million from Iberdrola Group SA, Nypro Inc, and Turnstone Capital Management LLC.

Düsseldorf-based Systaic AG, which specialises in integrated solar solutions, is purchasing the business operations of Solarwatt Cells GmbH, Heilbronn.

Thornton, CO, USA: Ascent Solar Prices Public Offering of Common Stock

Thin-film developer, Ascent Solar has priced its previously announced public offering.

Bad Staffelstein, Germany: IBC Solar Partners with KPM Sun

IBC Solar has acquired shares in KPM Sun, a developer, planner and marketer of photovoltaic parks. With this collaboration, IBC Solar will expand its international, large-scale project business.

Munich, Germany: Wacker Exits Solar Wafer Business

Wacker Chemie AG is to exit from the solar wafer business and will transfer its shares in its joint venture WACKER SCHOTT Solar GmbH (WSS) to its former partner SCHOTT Solar AG.

Honolulu, HI, USA: Tianwei New Energy to Take Majority Shareholding in Hoku Scientific

Hoku Scientific and Tianwei New Energy Holdings have signed a definitive agreement providing for a majority investment in Hoku by Tianwei and debt financing by Tianwei and China Construction Bank for the construction and development of Hoku's polysilicon production facility in Pocatello, Idaho.

Berlin, Germany: SOLON Partners with Pretium Renewable Energy in Israel

SOLON SE has signed an agreement with Israeli company Pretium Renewable Energy Ltd. aimed at cooperating in the Israeli photovoltaic market.

Foster City, CA, USA: SolarCity Secures $100M for Solar Projects in 2009

SolarCity and U.S. Bancorp Community Development Corporation (USBCDC) have doubled the size of their fund to finance solar projects. The fund, originally announced in June, will be expanded to finance $100 million in solar projects in 2009.

Stuttgart, Germany: Bosch Waives Condition on Takeover Offer for Aleo Solar

In its ongoing takeover offer to the shareholders of aleo solar AG, the Bosch Group has now waived its condition that it should hold at least 75 percent of aleo solar AG stock when the public takeover offer expires.

New York, NY, USA: Duke Energy and ENN Group Sign Clean Energy Technology Agreement

Duke Energy and China's ENN Group have reached an agreement to accelerate the development of low-carbon and clean energy technologies.

Ft Lauderdale, FL, USA: Solargy Systems Inc Retains Investment Advisor

San Diego, CA, USA: Pyron Solar Signs Joint Venture Agreement with Korea's ATS International

CPV manufacturer, Pyron Solar and ATS International, a provider of factory automation equipment located in GyeongGi-Do, Korea, have announced a joint venture today that will see Pyron Solar’s first international solar system operational by the end of the year.

Jiashan, China: ReneSola to Acquire Dynamic Green Energy

ReneSola has signed a share purchase agreement with Dynamic Green Energy Limited and its shareholders to acquire 100% of the shares in Dynamic Green for 26,787,210 newly issued ReneSola ordinary shares and $10 million in the form of a convertible promissory note issued by ReneSola.

Hamburg, Germany: Solexant Seeks $50M Financing

Solar cell developer Solexant Corp is starting a new financing round that it hopes will bring its thin-film solar panels to market and take on low-cost leader First Solar.

Duebendorf, Switzerland: Tata Group Invests in Swiss CIGS Start-Up

Tata group has invested in Flisom (Flexible and lightweight solar modules), a Switzerland-based company, to mark its interest in the solar photovoltaic industry and focus on developing the next generation of clean energy as a future growth area.

New Delhi, India: Maharishi Solar Technology Partners with Abengoa Solar

Maharishi Solar Technology today announced its strategic tie-up with the Industrial (IST) Division of Abengoa Solar Inc., (ASI) based in Colorado, USA.

St Peters, MO, USA: MEMC Ceases Ingot/Wafer Production in Texas and Missouri

MEMC today provided an update on guidance for the current quarter in light of recent events, and also announced that it will cease production of silicon crystal ingots and wafers at facilities in Sherman, Texas and St. Peters, Missouri.

Changzhou, China: Trina Solar Announces Five-Year Project Loan Facility

Trina Solar has obtained a five-year syndicated loan facility to support its East Campus capacity expansion project. The size of the loan facility is approximately $304 million, and the loan is denominated in both US dollars and Renminbi.

Reutlingen, Germany: Manz Automation Acquires 100% Interest in Intech Machines

Manz Automation AG, one of the world’s leading technology providers for the photovoltaic and LCD industries is planning to acquire a 100% interest in its subsidiary Intech Machines Co. Ltd.

Fremont, CA, USA: Solyndra to Get $535M Loan Guarantee

A Fremont, Calif., company that makes solar panels will receive a $535-million federal loan guarantee, allowing it to finish the first phase of construction of a factory, a government official said.

Niestetal, Germany: SMA Acquires Micro-Inverter Technology Platform from OKE-Services

SMA Solar Technology AG has acquired the technology platform from OKE-Services (OKE), a Dutch company in the micro inverter sector.

Bangalore, India: BHEL, BEL Plan Manufacturing Joint Venture

State-run Bharat Heavy Electricals Ltd (BHEL) and Bharat Electronics Ltd (BEL) will form a Rs.20 billion (Rs.2000 crore) joint venture by March 2010 to manufacture 250mw solar photovoltaic (PV) production facility for processing silicon wafers, solar cells and PV modules.

Sandvika, Norway: REC Completes Bond Issuance

REC has completed the issue of a 5-year fixed rate bond loan in the Norwegian bond market. REC announced earlier today the launch of a 5 year bond issue.