Your daily dose of Photovoltaic Technology Developments and Solar News

The Third Annual Axiom Capital Management "Livingston Nanotechnology Conference" will feature a lunch keynote by Bruce Sohn (pictured), President of First Solar, scheduled for December 7 at the Marriott Financial Center in downtown New York City. Read more >>

Energy Conversion Devices, Inc. (ECD) has said that revenues from the company's solar business represented 89 percent of total revenues, or $41.9 million - a 33 percent sequential increase and a 76 percent increase over the prior-year quarter. The demand was related to its ‘UNI-SOLAR’ laminates, with strong international demand from customers in Italy and Germany as well as its U.S. domestic market, the company said. Read more >>

First Solar, Inc. (NasdaqGM:FSLR) saw third quarter revenues come in at $159.0 million, up from $77.2 million in the second quarter of fiscal 2007 and up from $40.8 million in the third quarter of fiscal 2006. The company sold 64.2 megawatts of modules at an average sales price of $2.48 per watt. Read more >>

GreenVolts has secured $10 million in Series A funding for its ‘CarouSol’ solar panel tracking system that is being used at Avista's Clean Energy Test Site. GreenVolts expects to have its GV1 plant operational in late 2008. Read more >>

SOLON AG für Solartechnik (ISIN DE0007471195) has said that it has made a major new investment in Blue Chip Energy GmbH, raising its stake in the Austrian solar cell manufacturer from 19 percent to 47 percent. Read more >>

SiC Processing AG, a specialist in the recycling and supply of solar wafer slurries, has completed a new round of funding lead by zouk ventures to the tune of €53 million. The deal is being touted as one of the largest Cleantech growth deals in Europe in 2007. Read more >>

Amtech Systems, Inc. (NASDAQ:ASYS) has announced that it plans to offer an aggregate of approximately $34,000,000 of its common stock in an underwritten, registered public offering. Amtech said that intends to use the proceeds from the offering for working capital and general corporate purposes. Read more >>

Innovalight has raised $28 million in new capital in a series C round that will enable the company to move to a 30,000 square foot manufacturing facility in Silicon Valley in advance of plans to start volume production of its novel silicon ink-based printed flexible thin-film solar cell technology. Read more >>

EMCORE Corporation has announced that its photovoltaics revenue increased 63 percent for the third quarter of fiscal 2007 to $16.9 million compared to $10.4 million reported last year. This is an increase of 24 percent Q-on-Q. Read more >>

China Sunergy, one of a growing number of solar cell manufacturers, may have seen sales and shipments increase over 100 percent year-on-year but was unable to a make a profit in its most recent quarter having been hit by a series of factors that could easily affect others in the market in the coming months. Read more >>