News

November 29, 2007
Private equity fund Enfinity has awarded a contract to construct fivephotovoltaic solar parks in various Spanish locations to MartifierSolar, a subsidiary of the Martifier Group. With construction of theparks beginning in December this year, the five parks are expected tobe completed in summer 2008.
November 28, 2007
As part of its new initiative known as ‘Renewable Energy Cheaper ThanCoal,’ Google is investing in eSolar, Inc., a Pasadena,California-based company specializing in solar thermal power.
November 28, 2007
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.
November 27, 2007
SunPower Corporation has said that its joint venture polysilicon ingot pulling plant in DaeJeon City, Korea will be officially opened on November 28th. Woongjin Energy Corp operates the new 46,200-square-meter plant with DC Chemical, Korea's largest chemical company, supplying a new source of polysilicon.
November 27, 2007
Both Sanyo and Sharp are expected to invest strongly in solar cellproduction expansions in 2008, according to various Japanese newsstories. Sanyo has seen static PV production in 2007 compared to 2006due to polysilicon supply shortages, but plans to invest further in itsown polysilicon production while expanding solar cell capacity via anew plant in Sakai, Japan.
November 26, 2007
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.
November 26, 2007
Having secured the full allotment of polysilicon supply to various PVcell manufacturers from its under-construction polysilicon plant inPocatello, Idaho, Hoku Scientific, Inc. has announced the first newlong-term supply contract that comes from the Phase II expansion thatwill start shipments in the second half of 2009. The new deal is withSolarfun Power Holdings Co., Ltd., and is valued at $306 million over 8years.
November 26, 2007
A new survey report from Global Sources, the China-based PVmanufacturers, reveals that the company is attempting to reduceproduction costs to enable lower pricing due to stiff competition andhigh, double-digit overcapacity.
November 26, 2007
Canadian Solar, Inc. has signed an annual solar cell supply contractwith long-term supplier Gintech Energy Corporation of Taiwan, expectedto cost $60 million and to be equivalent to between 17MW and 22MW in afixed price agreement. The new deal sees shipments start from GintechEnergy in January 2008.
November 26, 2007
Motech Industries, Inc. is to supply Solar Power, Inc. with 11MW ofmulti-crystalline PV cells in 2008 with discussions ongoing regardingfurther long-term supply contracts to the PV module manufacturer.

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