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Congress has passed the Emergency Economic Stabilization Act of 2008 with the support of senators Obama and McCain. The news is welcomed by the solar industry but unusually was met by traders with a plunge in the value of solar stocks. While most will focus on the financial implications of the bailout bill the solar industry can finally plan ahead…
Senate Passes Relief Package 74-25 Commentary by Barclay’s Capital Solar Energy Equity Research Analyst Vishal Shah OVERALL THOUGHTS: The Senate passed legislation that combines the House-failed TARP bill with an increase in FDIC insurance coverage (from $100k to $250k) and the Senate’s (only partially paid-for) tax extender package. Focus now shifts to the House, where obviously the legislation has faced a tougher hurdle.
Just prior to going to press with this week’s newsletter, Reuters has reported that legislation extending tax credits for the solar industry gained new life on Wednesday as U.S. Senate leaders said they plan to attach the tax bill to a $700 billion economic rescue package.
23rd European Photovoltaic Solar Energy Conference and Exhibition held in Valencia, Spain last week was one of the best events I have attended in over 15 years of attending trade shows in most parts of the world.
It is nice to see that it’s not just the trade media that uses multimedia technologies in the photovoltaics industry. News arrived today that highlights a podcast has been made available from BASF on organic photovoltaics that includes a look at flexible and transparent solar cells.
The landmark announcement of PG&E yesterday to purchase power from facilities that will have a combined capacity of 800MW got me thinking about who is really going for gold among solar power generation centres around the world.The hypothesis: “The top sporting nations in the world also offer the best prospects for the implementation of solar energy in the mainstream.”
Reports from the Euroscience Open Forum in Barcelona have once again focused on the potential of the Sahara desert region to produce ALL the electrical energy needs of Europe if a mass concentration of solar technology was to be established there.
2007 was not the best of years for Japanese PV manufacturers like Sharp. Capacity ramps halted and government subsidies, previously withdrawn, saw the market shrink in what had been the strongest region in the world for PV.
Martin Roscheisen’s infrequent but welcomed blog over at Nanosolar’s website has posted an interesting video, showing the company’s proprietary nanoparticle ink dispensing tool that the company claims was running at a 100 feet-per-minute speed.
As day one of the three-day Intersolar 2008 event in Munich drew to aclose, there were a lot of tired but happy faces meandering through thehalls. Tired, because of the sheer enormity of the Messe München meansthat you need sturdy, forgiving footwear to visit all seven halls, buthappy because some of the exhibits on display here really areimpressive.
