SunPower to construct largest power plant in the U.S. for Florida Power & Light Company - 10 July 2008
Applied Materials gains first Italian ‘SunFab’ customer - 09 July 2008
Canadian Solar commits to five new contracts totalling 14.9MW - 07 July 2008
Applied Materials breaks ground at Singapore Operations Center - 08 July 2008
Thin-film start-up Sencera invests $36.8 million in 38MW plant - 08 July 2008
REC ASA enters several silane supply deals worth close to $1 billion - 18 July 2008
Analysts eye tighter subsidies in Spain for solar industry - 18 July 2008
Global market leader SMA Solar Technology AG accelerates time-to-market with Across - 18 July 2008
Solar gains in popularity - 18 July 2008
Solar panels to join backup power plant at West Side facility - 18 July 2008
Overall revenues are expected to be flat, down 5 percent for Applied
Materials' next financial quarter due to memory manufacturers' CapEx
spending declining. With little boost in spending coming from the
major foundries, the ray of sunshine is coming from the company's
thin-film solar equipment sales, according to Michael Splinter,
President and Chief Executive Officer of Applied Materials.
"Our solar customers are increasingly more confident that thin film
technology is the lowest cost per watt solution and has a major role in
the solar technology landscape. The number of thin film production line
contracts continues to increase. Therefore, we are raising our 2007
goal from greater than $400 million to greater then $600 million,"
Splinter noted in prepared notes during a conference call with
financial analysts.
The
solar cell orders have remained strong this year with three more major
contracts signed in recent months as well as its recent acquisition of
HCT. However, revenue recognition from solar contracts are not expected
until the first half of 2008 as these contracts include set-up and
running before sign-off by customers.
