Solar Newsletter
December 2007
Policy
Development
EXPERTS HEADING DOWN UNDER FOR WORLD
SOLAR CONGRESS
Are Feed-in Tariffs a Possibility in California?
by Paul Gipe
In a dramatic about
face from previous policy, the California Energy Commission is expected today
to recommend that the state adopt feed-in tariffs to spur renewable energy
development.
Continental Grid Vision Needed
by Martin Rosenberg, EnergyBiz Magazine
Imagine no electricity existed in the
For German Homeowners, Renewable Energy is No Longer a
Choice
by Jane Burgermeister
All new homes built in
Selling Solar Energy Without Incentives
by James A. "Hoss" Boyd
In 1985, I got out of the Air Force to make my fortune
in commercial real estate and real estate limited partnerships. Unfortunately,
because the tax laws changed drastically shortly…
CSP as Scalable
Energy Alternative
A new study from Emerging Energy Research says that
Concentrated Solar Power (CSP) is in the middle of a renaissance. According to
the study, in areas including
At the recent Independent Power Producers (IPP) of
British Columbia (BC) annual conference, approximately 500 attendees
participated in a range of presentations and discussions relevant to the
growing private power generation industry in the province. One issue of
interest to many was the proper consultation with the province's aboriginal
governments. Hundreds of different groups of native peoples, known as First
Nations, live throughout BC, with most of them tracing their heritage back two
to three thousand years.
FPL and NASA Explore Renewable Energy
Florida Power & Light Company (FPL) and National
Aeronautic and Space Administration's
Massachusetts Announces Commonwealth Solar Program
The Massachusetts Division of Energy Resources
announced the state's new Commonwealth Solar program designed to encourage the
use of solar photovoltaic (PV) power by offering rebates that reduce the cost
of solar panels and installation. The new program, which makes use of existing
renewable energy funds, is expected to result in the installation of more than
27 megawatts of solar power capacity over the next four years.
The streets of
How to Land a Job in the Solar Industry: Upstream vs.
Downstream
A recently released
report predicts that solar photovoltaic companies will see a continued steep
increase in revenues from $15.6 billion last year to $69.3 billion nine years
from now. Estimates from other analysts and associations suggest that this is a
conservative number and claim the increase in revenues generated will be even
greater than anticipated.
Each year, things seem to get more exciting for the
renewable energy industries, and 2007 was no exception.
Municipal
Development
Ridgefield Earns Designation as Connecticut Clean Energy
Communityand Earns Solar Array
Renewable Energy Powers Italian Town and Its Economy
SPI to Power 10
Schools in Santa Rosa City
Solar Power, Inc. (SPI), and its joint venture partner
Solar Power Integrators, have received approval from the Santa Rosa City School
District Board of Directors to install photovoltaic solar electric systems at
10 of the district's schools, a project worth approximately $23 million.
Financing
What About Investing in Solar PV Stocks?
Why haven't there been many stories on what a great
investment solar PV has been this year? For example, First Solar (FSLR), a
maker of solar panels has gone up over 2000% so far ...
Recurrent Energy Closes $200 Million Staged Solar Project
Fund with Morgan Stanley
Recurrent Energy, a solar services company, today
announced the close of a $200 million staged solar project fund with Morgan
Stanley. The fund represents a commitment by Morgan Stanley to provide
financing for $100mm of Recurrent Energy's solar electric power projects in
2008 and an additional $100mm in 2009.
Najafi Invests $100 Million in Start-Up
Najafi Companies, LLC announced that it will provide
$100 million to its new start-up portfolio company, Energy Capital Investments,
LLC, as investment capital for a range of energy projects including solar,
geothermal, biomass and other renewable energy technologies.
Utilities
Southwest
Service Providers Request Solar Project
The Southwest Energy Service Provider's Consortium for
Solar Development has issued a Request for Proposal (RFP) for a utility-scale
concentrating solar power plant. The plant, which would be owned by a
third-party with consortium members each signing long-term power purchase
agreements, will be expected to produce 250 megawatts and be located in either
Solar
Industry News
SCHOTT SOLAR POWERS UP THE SOLAR CELL
Alzenau,
SunPower and Woongjin Energy Open New Ingot Factory
SunPower Corporation announced that Woongjin Energy
Corp. (WJE), its joint venture with Woongjin Holdings Company Ltd., has opened
a new 46,200-square-meter solar silicon ingot pulling factory. SunPower will
purchase approximately $250 million of silicon ingots from the joint venture
through a five-year supply agreement.
Blue Oak Energy Delivers Free Online PV Design Tool
The Blue Oak Energy "PV Selection Guide"
allows a system designer to successfully match modules and inverters in
multiple configurations. This tool is unique and universal, allowing
the user to view the results from pairing any inverter and solar module on
the market in the
EnerWorks Solar Energy Unit Wins Innovative Product &
Technology Award
The Toronto Construction Association and Construct
Canada 2007 Committee announced today that EnerWorks' new Solar Energy Unit
(SEU) for commercial and industrial solar thermal applications has been awarded
the Temple W. Harris Innovative Product and Technology Award (TIPTA). The award
recognizes EnerWorks for the development of an innovative product which
simplifies the engineering and contract work required for its installation.
EnerWorks solar thermal technology a part of
energy-efficient, award-winning home
SCHOTT Reduces Cost and Silicon Needs with New Cell
Coating
SCHOTT Solar announced today that its solar cells will
be coated with a new texture that will increase efficiency,
reduce the need for silicon and lower costs for its customers. According to the
company, the product is raising efficiency by .3-.5% and reducing silicon by 5%
per watt.
First Solar
Acquires Turner Renewable Energy
First Solar, Inc announced that it has acquired Turner
Renewable Energy, LLC for a purchase price of approximately $34.3 million paid
in a combination of common stock of First Solar, Inc. as well as cash. The
company will operate as a wholly owned subsidiary of First Solar, Inc. under
the name First Solar Electric, LLC.
groSolar Raises $10 million in Growth Equity Financing
groSolar, a national solar energy firm, announced today that it has secured $10
million in a Series B financing that will enable it to continue growing
rapidly. NGP Energy Technology Partners, L.P. ("NGP ETP"), one of the
premier energy technology private equity funds in the
Power-One and Magnetek Form Strategic Alliance
Power-One, Inc. and Magnetek, Inc. jointly announced
an agreement to promote and distribute commercial and residential solar along
with small wind energy inverters.
EnerWorks supplies solar collectors for one of Illinois'
largest solar thermal systems
One of the largest solar thermal systems in
SunWize Technologies Completes Merger with GenSelf
Corporation
SunWize Technologies, Inc. has completed its
previously announced merger with GenSelf Corporation, headquartered in
EMCORE to Supply Solar Systems in Canada
EMCORE Corporation announced that it has signed a
memorandum of understanding for the supply of 60 megawatts of solar power
systems that are scheduled for deployment in
Solar Integrated
Wins $4.3 Million Order
Solar Integrated Technologies, Inc. (SIT) a provider
of building integrated photovoltaic (BIPV) roofing systems,
announced that it has won an order for $4.3 million to supply BIPV roofing
systems to be installed on a new industrial complex in
Spire Corporation Renames Subsidiary to Capitalize on
Fast-Growing Solar Concentrator Market
Spire Corporation (Nasdaq: SPIR), a global solar
company providing turnkey solar factories and capital equipment to manufacture
photovoltaic modules worldwide, today announced that Bandwidth Semiconductor,
Spire’s wholly owned subsidiary, will become Spire Semiconductor effective
January 1, 2008. Bandwidth currently provides Spire with crystalline silicon
solar-cell process technology and has re-entered the fast-growing, gallium
arsenide (GaAs) concentrator solar cell market. This name change will better
align Bandwidth with Spire’s overall solar industry focus.
Evergreen Solar Announces Polysilicon Agreement
Evergreen Solar, Inc. announced that it has signed a
ten-year polysilicon supply agreement with Silicium de Provence S.A.S. with
shipments beginning in mid 2010.
WorldWater Receives LOI for 3-MW Solar Farm
WorldWater & Solar Technologies Corp. announced
that the company has received a Letter of Intent (LOI) from Ingenium Energetica
S.L. to construct a 3-megawatt (MW) solar farm in
Nanosolar Ships First Commercial Panels
Nanosolar Inc. has shipped its first set of commercial
panels to Beck Energy. The panels will be installed at a plant located on a
former landfill owned by one of the largest waste management companies in
EPV SOLAR Signs 306-MW Contract
EPV SOLAR, Inc. (EPV) announced that it has entered
into a long-term solar module supply agreement with unlimited energy GmbH.
Under the terms of the contract, EPV SOLAR will supply 306 megawatts (MW) of
amorphous silicon modules to unlimited energy for use in the development and
build-out of several solar parks in
SunEdison Activates PV Plant for Xcel
SunEdison announced that the 8.22-megawatt
ICP Solar Signs Supply Agreement with Shanghai Electric
Solar Energy Corporation
MONTREAL, Dec 20, 2007 - ICP
Solar Technologies Inc. (OTCBB: ICPR, FRANKFURT: K1U), a developer, manufacturer and marketer of solar
cells and products, announced today it has signed a two year supply agreement
with Shanghai Electric Solar Energy Co. Shanghai Electric is the single largest
Chinese enterprise engaged in the design, manufacture and sale of mechanical
and electrical equipment. The group's products cover more than ten industries
ranging from Power Generation Equipment, Power Transmission and Distribution
Equipment, Electromechanical integration equipment, Transport Equipment and
Environmental Protection.
New
Projects
PPM Offers Solar with No Upfront Cost
Pacific Power Management, LLC (PPM), announced that
they have broken ground on the design and installation of a 1-megawatt solar
electric system for Far West Rice, Inc. in Nelson, CA.
MBPV to Set Up India's Largest Grid Connected Solar Farm
Moser Baer Photo Voltaic (MBPV) has signed a
Memorandum of Understanding with the Government of Rajasthan (
altPOWER Completes PV System to Help Power the Rockefeller
Center Christmas Tree
New York City Mayor Michael Bloomberg and Tishman
Speyer Chairman and CEO Jerry Speyer were on the roof of 45 Rockefeller Center
on Tuesday November 20th to celebrate the installation of a 61kW (70 kilowatt
DC) solar-electric (PV) system designed and managed by altPOWER. Over the
course of a year, the system will generate more than enough electricity to
power all of the 30,000 LED lights on the tree that will be illuminated during
42 days this holiday season. The PV system will also offset over 2 million
pounds of CO2 over its life-time which would have been created had the tree
been powered by conventional fuel sources.
Mitsubishi Electric PV Modules Chosen for One Megawatt
Solar Electric System
CYPRESS, Calif., December 10, 2007 - Mitsubishi
Electric & Electronics USA, Inc. will provide photovoltaic (PV) panels for
a one megawatt solar electric system at Far West Rice Mills in Nelson, Calif.
When the system is completed it will generate all of the power for the mill's
operations.
Solar Energy to Power Geothermal Plant
Northern California Power Agency (NCPA) and SPG Solar,
announced that they will together to build a 1 megawatt (MW) single-axis solar
tracking system that will provide renewable energy to an existing pump station
that supplies the NCPA Geysers Geothermal Energy Plant.
BP Donates $1M in Solar Equipment for Capital Area Food
Bank's New Home
BP America and the Capital Area Food Bank (CAFB) today
announced a $1 million donation of BP Solar panels and other equipment that
will make CAFB's proposed new facility a local showcase of the latest solar
technology. The solar system, which will be capable of generating 121.8 kW of
clean electricity, will save more than 20 percent of CAFB's annual electricity
bill.
Mitsubishi Electric Solar Panels to Power San Francisco
Food Bank
PV System Completed at Nellis Air Force Base
The U.S. Air Force announced the completion of a solar
photovoltaic (PV) system at Nellis Air Force Base. A joint project of the U.S.
Air Force, MMA Renewable Ventures, LLC, SunPower Corporation, and Nevada Power
Company, the 14-megawatt (MW) system will generate more than 30 million
kilowatt-hours of electricity annually and supply approximately 25 percent of
the total power used at the base.
Nevada Gets First U.S. Solar Thermal Plant
Ausra Inc. announced it is building the first
Rocky Hill, Conn., December 13, 2007 — Furthering its
commitment to Environmentally Responsible Initiatives, United Natural Foods,
Inc. (Nasdaq: UNFI) along with Solar Works, Inc. and the Connecticut Clean
Energy Fund (CCEF), today held a dedication ceremony for the installation of
the largest solar electric system in New England. The 550-kilowatt STC solar
photovoltaic system from SCHOTT Solar, installed at the Company's
state-of-the-art distribution facility in
MCA Architecture Planning Interiors, Payroll Masters
and vanderToolen Associates, in partnership with SPG Solar, Inc., announced
today the completion of a 69 kW roof-mounted solar photovoltaic (PV) powered
energy system at their headquarters in
Xantrex involved in dedication of largest solar
installation in North America
Xantrex Technology Inc. (TSX:XTX) participated today
in the dedication of North America's largest solar photovoltaic (PV)
installation at Nellis Air Force Base (AFB) in Nevada, marking the completion
of the project which started in April 2007. Also attending today's event were
the Governor of
The Connecticut Clean Energy Fund (CCEF) Board today
announced approval of a $1,180,000 grant to defray approximately half of the
total cost of a 308-kilowatt DC solar photovoltaic (PV) system at The Lee
Company's
New
Technology
DOE Selects SkyFuel to Develop CSP
The U.S. Department of Energy Solar Energy Technologies
Program (DOE/SETP), announced that it is awarding SkyFuel, Inc. a $435,000
grant to develop its advanced Concentrating Solar Power (CSP) system known as
the Linear Power Tower (LTP) for utility-scale solar thermal power plants.
BioSolar Announces Successful Run of Biobased Plastic Film
BioSolar, Inc. announced that the company has
successfully completed a production run of the company's bio-based plastic film
intended for use as a backing sheet for photovoltaic (PV) cells.
Nano Flakes Could Make PV More Efficient
Featured
Events
1st Annual AEE Solar Dealer Conference, Feb 6-9, 2008,
Mesa, AZ
AEE Solar, one of the renewable energy industry's
oldest, largest and fastest-growing wholesale distributors, will hold its 1st
Annual AEE Solar Dealer Conference in
Company: AEE Solar Start
date: