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Applied Materials has acquired substantially all the assets, including the intellectual property, of Advent Solar for an undisclosed cash amount. Advent Solar is a developer of advanced technology for crystalline silicon (c-Si) PVs.
Business Wire
Sharp, Japan's largest maker of liquid-crystal displays, posted a second straight half-year loss because of declining sales of LCD panels. The net loss was 17.7 billion yen (US$196 million) in the six months ended September 30, compared with a profit of 28 billion yen a year earlier.
Bloomberg
First Solar is the first pure-play renewable energy company to join the S&P 500 Index.
Company release
German conglomerate Siemens and US powerhouse General Electric (GE) have both underlined their commitment to the renewable energy sector after shelling out to acquire two high-profile Israeli solar energy firms.
Business Green
Germany's next government plans to reduce incentives to generate solar power as early as 2010, the energy spokesman for Chancellor Angela Merkel's Christian Democrats said.
Bloomberg
The European Commission's new proposal to boost solar technology development focuses too much on research and not enough on deploying commercial technologies, according to the European Photovoltaic Industry Association (EPIA).
Greentechmedia
As China primes its energy market for explosive growth, the country could see one gigawatt of solar power generation capacity by 2011, said a new report by GTM Research.
Greentechmedia
Emirates Business 247
The US solar energy industry hopes to persuade Customs officials to reverse a decision to impose a 2.5% tariff on solar panel imports after more than two decades of duty-free trade in the product, an industry official said on Thursday. In the worst case scenario, US importers of solar panels could face some US$70 million in tariffs and penalties for product already imported this year.
Reuters
An international solar-related company is in talks with Hynix Semiconductor to buy the South Korea-based company's shuttered computer-chip plant in west Eugene, according to local government and economic development officials.
The Register-Guard
GTM Research says boom in US solar manufacturing to create 20,000 jobs between 2009 and 2012.
Manufacturing.net
LDK Solar is scheduled to complete the installation of more than 50 MaxEdge wafering systems in October.
PR Newswire
"We continue to make progress in every aspect of the SunFab lines and are well on our way to delivering 10% efficient SunFab panels and US$1 per watt production costs in 2010," said company CTO Mark Pinto. He also laid out plans for SunFab panels with 12% conversion efficiency and module costs below US$0.70/watt by 2012.
Business Wire
Samsung Electronics has taken its first step towards the mass-production of its solar cells with the launch of a pilot production line for solar cells in Giheung. The vendor held a ceremony on September 13 to mark the opening of its R&D and testing facility for crystalline silicon solar cells.
Korea Herald
"In the US, energy policy is made on the state level," CEO Mike Ahearn said. "Every state has a different approach." In contrast, Ahearn said China has designated a region within the country for renewable energy production and transmission.
LA Times
Mitsubishi Electric and industrial design company IHI are now teaming up in the race to develop new technology within four years that can beam electricity back to Earth without the use of cables.
inhabitat
LDK Solar has formed an agreement with Yancheng City in China's Jiangsu Province to develop several photovoltaic power projects, including ground-power stations and roof and building integration systems.
Business Week
President Obama wants to make the US "the world's leading exporter of renewable energy," but in his seven months in office, it is China that has stepped on the gas in an effort to become the dominant player in green energy — especially in solar power, and even in the US.
New York Times
New York Times
Nano Solar Technology has ordered Oerlikon Solar's 120MW end-to-end Micromorph production line for making thin film solar modules.
EETimesUK
"During the boom, there were significant capacity increases. There were also, by the way, significant announcements of capacity that may or may not have happened..."
New York Times
Despite a rebound in business, Applied Materials is set for more layoffs and cost-cutting, according to an analyst.
EETimesUK
Toshiba has said it aimed to expand its energy, healthcare and environment-related businesses as it targets a strong recovery in earnings within the next three years.
AFP (via Google)
China is on its way to becoming a solar power - with financial incentives coming from every corner of the country - but a lack of experienced project developers and equipment installers may cast a shadow over the growing industry.
Wall Street Journal
Canadian Solar, a Chinese manufacturer of solar power modules, jumped in early New York trading after reporting a profit that exceeded analyst estimates. "They blew away expectations and seem to have gained a lot of market share," said Colin Rusch, an analyst at ThinkEquity LLC.
Bloomberg
GT Solar International's fiscal first-quarter profits jumped 51% on surging margins and higher revenues. The company said it was "on track" to meet its fiscal-year targets. But revenues grew at its slowest pace in roughly a year and sales came in far short analysts' expectations.
Wall Street Journal
First Solar has announced 2Q09 profits that exceeded industry expectations, but its share price fell on news that it would offer rebates in Germany and maintain, rather than raise, its full-year outlook.
Reuters
Q-Cells and MEMC Electronic Materials have formed a joint venture to construct solar photovoltaic (PV) generation facilities, in which each partner will have a 50% share.
Renewable Energy Access
Internet News
Shares of MEMC Electronic Materials fell the day after the wafer maker's second-quarter profits dropped 96% on another steep fall in sales, though its semiconductor business showed improvement even as its solar end continues to struggle.
Wall Street Journal
Shares of solar-energy company LDK Solar rose sharply on July 24 after the Chinese company raised its second-quarter revenue and shipment forecasts. LDK plans to report its results on August 12.
Business Week
Q-Cells, the world's biggest manufacturer of solar cells, on July 14 blamed tough market conditions for its decision to scrap its full-year sales outlook and warned it would post a big loss in the second quarter. The update shocked investors, leaving the stock more than 14% lower...
The Financial Times
With more automation processing, the solar industry can cut the amount of human labor needed dramatically.
Reuters
Charlie Gay, the president of Applied Solar (APSO.OB), the solar arm of semiconductor-equipment-maker Applied Materials (AMAT), says solar panel makers are experiencing steady cost reductions by making solar panels steadily thinner. Manufacturers can't reduce the X and Y dimensions of the solar cell easily – that would reduce the surface area exposed to the sun, which in turn would reduce the power that a given panel could produce. But by producing thinner wafers, the amount of raw material gets reduced without reducing performance.
Technology Review
Taiwan and China should cooperate on energy conservation and environmental protection, the Chairman of the island's ruling party said in a speech on July 11.
Taiwan Headlines (via e-Government)
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