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Just six weeks ago, it didn't even have a factory. Now it has orders from customers to take 20 megawatts worth of panels.
Forbes
LDK Solar reported Tuesday that it earned net income of US$45 million, or 36 cents per American Depositary Share, in the quarter that ended June 30. That compared with a net loss of US$216.9 million, or US2.03 per ADS, when it took a hefty writedown on plummeting inventory value in the year-ago quarter.
Bloomberg
SunPower reported their second quarter results today and here is a rundown of the highlights for the solar panel manufacturer and solar power provider.
Greentech media
Kyocera is ramping up its annual production to 600MW this year - an increase of 50% over the previous year - to meet growing demand in countries such as Japan, US, Germany, France and Italy, the company says.
Recharge
Marketwatch.com (Dow Jones)
Samsung started a 30MW solar cell production line for research and development last September and will incrementally increase capacity to 130MW next year, company spokesman James Chung said today.
Business Week
It took firefighters from Boise about a half an hour to put out the fire, which broke out in a building that helps support the company's development of solar panels.
AP (via Business Week)
A new solar energy capture technology is able to generate electricity from light and heat at the same time, producing double the efficiency of existing solar panels.
Examiner
[A] team of researchers at MIT has found that silicon, the most widely used material for computer chips and solar cells, can exhibit "retrograde melting" when it contains high concentrations of certain metals dissolved in it. This could make it possible to produce some silicon-based devices, such as solar cells, using a less pure, and therefore less expensive, grade of silicon that would be purified during the manufacturing process.
PhysOrg
MEMC, which makes wafers for computer chips and silicon for solar cells, said it earned US$13.8 million, or 6 cents per share, up from US$1.4 million, or a penny per share, during the same period last year.
Business Week
Panasonic has placed a 820 billion yen (US$9.5 billion) bet on the future of green energy by offering to buy out minority shareholders in two subsidiaries specialising in rechargeable batteries, solar cells and other environmental technology.
The Financial Times
Japan's Sharp is investing almost 4 billion yen (US$46 million) at a plant in Britain to double production of solar cell modules to meet growing demand across Europe.
Reuters
The new e-book reader has a 15.24 cm display panel and a 10 cm square solar panel; impressively, the solar cell measures just 0.7mm in thickness, thus obtaining the relatively light weight of 20 grams.
The Future of Things
One particular type of fly eye has just the right shape that could be perfect for manufacturing efficient solar cells.
Discovery Channel
Wall Street Journal
Applied Materials has announced it will stop new sales of its "turnkey" SunFab thin-film solar manufacturing line and concentrate on silicon solar and LED lighting. The restructuring of its Energy and Environmental Solutions business will lead to the elimination of 400-500 positions and a third-quarter charge between US$375-425 million.
CNET
China mapped out investment of 5 trillion yuan ($738 billion) into alternative energy over the next decade, an official with the National Energy Administration (NEA) said Tuesday.
Global Times
16 Jul 2010
Germany's move comes as Italy plans a 30% cut in its FIT for next year. That could force Italian developers to build as fast as possible in the 2H10, much like German developers did in 1H. The lower drop in FIT gives manufacturers time to make a transition to markets such as the United States and Canada, which have the possibility of being larger than Europe, based on combined electricity demand and land available for development.
Motley Fool
The state of California is suing federal mortgage lending giants Fannie Mae and Freddie Mac for blocking implementation of a program that helps property owners to install solar energy systems, it was announced today at a San Diego news conference
KPBS
Applied Materials said demand for semiconductor and solar-panel manufacturing equipment in Europe is growing rapidly, a sign the region's debt crisis isn't crimping spending.
Bloomberg
South Korea, Asia's fourth-biggest crude oil importer, is considering expanding the list of alternative-energy equipment eligible for a tax benefit to cut reliance on fossil fuels.
Bloomberg
Bryan Li, the company's CFO, says Yingli decided to become a World Cup sponsor because of the increasingly competitive market for solar companies. Yingli felt it could "not just compete with our global competition by cost. We also need to compete with them by the brand."
CNN
SoloPower claims that its modules boast a 10.5% to 11% efficiency (compared to ECD at somewhere in the 6.5 percent range) and the flexible units can be affixed to the roof with an adhesive or mounted on a lightweight non-penetrating rack.
Greentech media
Solar-power industry representatives said the bill passed by the lower house of parliament in Berlin today will increase pressure on companies such as Q-Cells SE and Solarworld AG as they face competition from producers in China.
Bloomberg
Retroactively from July 1, subsidies for roof-mounted solar-electricity facilities will be cut by 13% instead of the originally planned 16% cut. Subsides to providers generating solar power on open-field sites--such as agricultural land--will be cut by 12% instead of 15%, while the initial cut for sites that have been converted from former military and industrial use would be 8% instead of 11%.
Wall Street Journal
British householders who have installed the expensive technology are unable to start generating electricity because of a shortage of "inverters".
telegraph.com.uk (USE Daily Telegraph (UK))
Shanghai-based JA Solar announced that it had agreed to supply solar panels to MEMC Electronic Materials.
Getsolar.com
The Deepwater Horizon disaster should make us look to the sun, and start a revolution in how we meet our energy needs.
Guardian
Wind turbine farms are set to expand rapidly across Europe's coastal waters, throwing up challenges and opportunities for industry, according to a Reuters analysis of a leaked draft of EU energy strategies.
CNET
The Asian Development Bank is leading the establishment of a nonprofit organization to promote the large-scale development of solar energy in Asia.
Marketwatch.com (Dow Jones)
Thin-film solar cells are optimal for use in a high-temperature climate, compared to crystalline solar cells. Sharp's experience in the mass production of thin-film solar cells has enabled Sharp to take part in this project. The thin-film solar cell modules to be used in the power generation plant will be supplied partially from Sharp's solar cell plant at Osaka Prefecture.
Marketwatch.com (Dow Jones)
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