News

Solarfun Power Holdings has announced the increase in the stake ofownership of the company by Good Energies, raising Good Energies’ stakein Solarfun from 6.3% to 34.7%. Good Energies today signed an agreementto purchase 66,745,638 ordinary shares and 281,011 American DepositoryShares, including 50% of CEO Yonghua Lu’s shares.

China Nuvo Solar Energy has entered into a ‘Collaboration andDevelopment Agreement’ with Pioneer Materials to build, equip, operateand manage the product development, testing and prototype manufacturingof China Nuvo Solar’s novel PV cell technology.

Applied Materials has been named Green Energy Innovator of the Year for its pioneering work on the Applied ‘SunFab’ Thin Film Line, at a gala presenting the 9th Annual Platts Global Energy Awards.

ersol Solar Energy AG has said that another new polysilicon supplycontract with Wacker Chemie AG has been signed that secures 300MWp ofcrystalline solar cell capacity from 2010 onwards and lasts for 9years. The forward-looking move is due to ersol Solar’s expectingpersistent polysilicon supply constraints far beyond current marketexpectations.

Surfect Technologies, Inc. has said that it has received a Letter ofIntent from a Texas-based solar company for up to ten of its ‘Solargy’single cell electrolytic plating tools. This is the first order thecompany has received from a solar manufacturer. The tools are expectedto be delivered throughout 2008 and 2009, the company said.

Due to continued polysilicon supply constraints, the price per kilogramof scrap wafers has reached $300 US dollars in a recent auction,according to a news story at DIGITIMES . This compares now with recent polysilicon supply contracts that are in the region of $300-330 per kilogram.

According to a news story at DIGITIMES, Gintech Energy hasreduced its solar production expansion targets for 2008. Instead ofguiding for 250MWp, the company has said that it will now reach 220MWp.

China Nuvo Solar Energy, Inc. has signed a letter of intent withPhotovoltaics, Inc. to purchase certain patents that had previouslybeen licensed to China Nuvo under a ten-year agreement.

Solaicx has officially opened its new monocrystalline silicon ingotsand wafer manufacturing plant in Portland, Oregon. The new plant has aninitial capacity of 32MW per annum with a projected capacity of 180MWof silicon ingots and wafers per annum.

A new PV cell start-up based in Italy, SOLSONICA S.p.A., hascommissioned M+W Zander Italia S.r. to convert part of an existing ICmemory module assembly plant owned by parent company EEMS S.p.A. into aPV cell manufacturing plant in Rieti, Italy.