Financial & Legal

December 9, 2010
The 37th IEEE Photovoltaic Specialist Conference (PVSC) will be celebrating its 50th anniversary in 2011 and has opened its call for papers to be presented at the June 19th through June 24th conference in Seattle, Washington. Authors who wish to submit their papers should provide a technical abstract by the February 21, 2011 deadline. Details on the abstract submission process can be found here.
December 7, 2010
Evergreen Solar is to attempt a detailed financial recapitalization to reduce the company’s outstanding indebtedness.
December 6, 2010
Suntech has announced a major manufacturing joint venture with Wuxi Industrial Development Group and Wuxi New District E&D Group.
December 6, 2010
IDC Energy Insights has launched three new global-research projects focused on quantifying and tracking the rapidly-growing Smart Meter, Photovoltaic Module, and Solar Inverter markets. To help man the new programmes, five analysts will be joining IDC's Worldwide Tracker team, which will be managed by Ryan Reith.
November 19, 2010
One of the key low-cost PV module manufacturers, Yingli Green is also fast becoming one of the largest suppliers of high-efficiency modules.
November 19, 2010
SunPower sees substantial growth in store in fiscal year 2011, with annual revenues expected to range between $2.65 billion and $2.85 billion as well as PV cell production of 900-945MW at its three fabrication facilities. The company’s already issued its 2010 guidance, which forecasts revenues of $2.15 billion-$2.25 billion and cell production of 570-580MW. The company also said it has signed a deal to sell the Solare Roma PV power plant in Italy.
November 17, 2010
Lux Research has released a new report, “Module Cost Structure Breakdown: Can Thin-Film Survive the Crystalline Silicon Onslaught?”, which compares multicrystalline silicon (mc-Si) with thin-film silicon (TF-Si), cadmium telluride (CdTe) and copper indium gallium diselenide (CIGS) on a US$/W basis in order to see which of the technologies will have a long-term cost advantage on the module level.
November 16, 2010
Etrion has released its interim consolidated financial statements and related management discussion and analysis for the three and nine months ended September 30, 2010 and 2009. Highlights for the third quarter include closing the acquisition of the 24MW first tranche of the 33MW Montalto solar park in Italy - subsequently closing the final 9MW tranche - recording US$7.0 million in revenues and completing a US$15 million private placement of shares to meet Toronto Stock Exchange listing requirements.
November 15, 2010
SunPower has revealed that it’s new headquarters will remain based in San Jose, CA. The company is to relocate to an existing three-building site on Rio Robles next year in order to accommodate long-term growth plans. By renovating the buildings, with a rooftop solar system and solar carport alongside other renewable features, SunPower aims to achieve Leadership in Energy and Environmental Design (LEED) gold certification.
November 12, 2010
Despite an ongoing ramp of its Malaysia-based Fab 3 cell production plant that will increase its megawatt production by 65% in 2011, Tom Werner, CEO of SunPower, noted in its third-quarter financial conference call that demand for its products exceeded supply both in the second-half of this year but also going into 2011.

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