SOLARBUZZ™ QUARTERLY REPORT
Four Editions for $495
ISSUE DATE: December 3, 2008
QBUZZ™ DECEMBER 2008 EDITION
INDUSTRY HIGHLIGHTS * SUPPLY DEVELOPMENTS * MARKET INCENTIVE PROGRAMS * MAJOR PV PROJECTS *COMPANIES * TECHNOLOGY DEVELOPMENTS
PROJECTS…
Belmont, Australia: SunPower to Build Solar Power Tracking System
Hamburg, Germany: Conergy to Construct 2MW PV System in Saudi Arabia
Biel, Switzerland: SolarMax Inverters Installed in Four Spanish Projects
San Diego, CA, USA: Westfield Energizes Solar Array on Ice Rink Rooftop
Hillsboro, OR, USA: Intel to Commission PV System at Jones Farm Campus
Deep River, CT, USA: Tri Town Precision Plastics to Harness the Power of the Sun
Milan, Italy: NextEnergy Capital and Kenergia Launch Solar Plant Management Company
Oldenburg, Germany: aleo solar AG Supplies Solar Modules for Mexican Project
MANUFACTURING…
Brussels, Belgium: Commission Endorses €28 million Aid to Masdar
Bonn, Germany: SolarWorld Commissions South Korea Module Manufacturing Plant
Stuttgart, Germany: M+W Zander Awarded Thin Film Manufacturing Plant Contract
Brussels, Belgium: European Investment Bank to Lend €40M for Thin Film Start Up
Freiburg, Germany: Concentrix Solar Inaugurates Concentrator PV Manufacturing Plant
COMPANIES…
Nanjing, China: China Sunergy Receives Cell Order from Solarwatt AG
Bitterfeld-Wolfen, Germany: Q-Cells Reduces 2008 Revenue Forecast
Hebei, China: JA Solar Updates Guidance for Q4 2008
Merkendorf, Germany: Payom Solar AG Signs Thin Film Agreement with Schüco International
Hamburg, Germany: Wiesenhof and Colexon Sign Memorandum of Understanding
Hamburg, Germany: Colexon Signs 150MW Thin Film Supply Agreement
Bitterfeld-Wolfen, Germany: EverQ GmbH Changes its Name to Sovello AG
Merrimack, NH, USA: GT Solar Reduces Workforce at Merrimack Facility
TOP 3* SOLAR NEWS STORIES
San Diego, CA, USA: Suntech Power and Open Energy Sign Solar Roof Tile Licensing Deal
Suntech Power and Open Energy Corporation have entered into an exclusive agreement licensing the worldwide manufacture, distribution and marketing of Open Energy’s building integrated solar roof tile product to Suntech.
The solar roof tiles are 50 watt four foot BIPV tiles and are available in different color panels.
Eagle Roofing Products is expected to continue as master distributor of the tile product in the U.S.
Atlanta, GA, USA: Suniva Opens Cell Manufacturing Plant
At a ribbon cutting ceremony this morning, Suniva officially opened the first solar factory in the Southeastern US with the help of Georgia Governor Sonny Perdue.
Located in the Atlanta metro area, Suniva’s 32 MW manufacturing facility will create over 100 high-paying, permanent green jobs by year-end 2009 and even more as it ramps to full production capacity in 2010.
As a company whose major intellectual property was developed in a government-funded lab, Suniva is a stand out example of how government-backed initiatives can generate new US-based companies and facilitate the growth of renewable energy production and adoption.
Jiashan, China: Renesola Divests Interest in Polysilicon Joint Venture
Chinese wafer manufacturer, ReneSola has sold its 49% equity interest in Linzhou Zhongsheng Semiconductor Silicon Material Co., Ltd.
In August 2007, ReneSola and Linzhou Zhongsheng Steel Co., Ltd. established the Joint Venture to engage in virgin polysilicon production in Linzhou, Henan Province, China. The Company invested approximately RMB103 million for an equity interest of 49% in the Joint Venture.
In June 2008, the Company and Zhongsheng Steel amended the commercial arrangement in the joint venture contract to reduce the contracted obligation of the Company to purchase the output of the Joint Venture from 90% to a minimum of 55% at market price with a term of three years, instead of 30 years in the original agreement.
