SOLAR

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Applied Materials sees solar unit profit in 2010

Applied Materials Inc said on Monday it plans to improve efficiency to cut the cost of producing solar panels below $1 per watt in three years and is on track to post profits at its environmental unit next year.

BrightSource drops solar project in Mojave

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Solar thermal company BrightSource Inc has dropped plans to build a solar power plant in the Mojave Desert, losing a battle with environmentalists and a U.S. senator who want to preserve the surrounding area.

First Solar sets new 27 MW order for juwi

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U.S.-based solar panel maker First Solar Inc said on Thursday that it will supply 27 megawatts of solar panels for utility projects in the United States to a unit of juwi Holding AG.
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California moving to boost small solar projects

Solar power makers will get a boost in California, already their largest U.S. market, as it sharpens its focus on small-scale projects as part of efforts to get a third of its power from renewable energy.
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Reuters Summit-Google plans new mirror for cheaper solar power

Google Inc is disappointed with the lack of breakthrough investment ideas in the green technology sector but the company is working to develop its own new mirror technology that could reduce the cost of building solar thermal plants by a quarter or more.
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Suntech says solar demand has turned up

Global demand for solar power has improved substantially in the last month, led by top solar market Germany, Suntech Power Holding Co Ltd Chief Strategy Officer Steven Chan said on Tuesday.
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Solar credit crunch to ease next year: Trina

China's export-dependent solar panel makers are seeing a glimmer of light at the end of the tunnel after a difficult year fighting a global credit squeeze and a spate of project delays, a senior industry executive said.
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Solyndra starts 2nd solar panel plant construction

California solar company Solyndra Inc said on Friday that it started construction on its second solar panel manufacturing plant, putting into action the first loan guarantee awarded under a long-delayed U.S. program for advanced clean energy.
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Not so sunny: trade war looms in solar space

German solar firms Conergy and Solarworld have voiced strong concern about the pricing practices of Chinese panel makers -- who undercut their German peers' products by around 20 percent. Chinese modules sell in Europe at about 1.70 euros per watt, according to a UBS report.
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Solar stocks down on dim results

Shares in solar power companies fell on Thursday, led by a 14-percent drop in LDK Solar Co Ltd, which posted a wider-than-expected quarterly loss.
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Solar cell production seen growing 56 percent in 2009

Solar cell manufacturing capacity will grow 56 percent in 2009 despite weakened demand for renewable energy projects in the face of tight credit markets and a global economic recession, a report issued on Monday by research group DisplaySearch said.
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GCL-Poly Energy to invest $200 mln in solar wafer plant

Hong Kong's power plant operator GCL-Poly Energy Holdings will invest about $200 million to build a solar wafer plant in the Chinese city of Xuzhou, banking on a recovery in polysilicon prices and robust demand from China.
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China, U.S. offer no quick boost to solar slump

Investors are banking on fresh government incentives in the United States and China to help pull the solar sector out of its slump, but it will be next year before demand from those markets even begins to make a dent in the global glut of solar panels.
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India to unveil 20GW solar target under climate plan

India will unveil its first solar power target as soon as September, pledging to boost output from near zero to 20 gigawatts (GW) by 2020 as it firms up its national plan to fight global warming, draft documents show.
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SolarWorld keeps outlook, lifts solar stocks

German solar bellwether SolarWorld on Monday kept its 2009 sales outlook, helping European solar stocks gain, as it said cost savings had helped it offset most effects of the sector's ongoing price slump.
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SunPower, MEMC offer hope of solar recovery

U.S. solar companies SunPower Corp and MEMC Electronic Materials Inc on Thursday offered hope that the beleaguered solar industry is on the mend, each posting quarterly earnings and giving revenue outlooks that topped Wall Street estimates.
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First Solar, EDF venture to build largest solar plant in France

Solar maker First Solar Inc. and EDF Energies Nouvelles - half owned by France's state owned utility - will venture to build what the companies call the largest solar panel manufacturing plant in France, representing an expected investment of 90 million euros ($128 million), they said in a statement Thursday
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Wall St. seeks sunny forecasts in solar earnings

Investors are looking for signs of a recovery in solar panel demand when manufacturers report earnings in the coming weeks, though panel prices are still falling fast and earnings may not see a meaningful improvement until 2010.
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Chinese government boosts domestic solar power projects

The Chinese government started a pilot program to provide technological support, subsidies and market pull to solar-power projects, aiming to boost the solar industry as a new growth point for the country's economy, state news agency Xinhua reported on Tuesday.
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The Century Solar Eclipse now available online (video)

The live broadcast of the Century Solar Eclipse provided by Sina had attracted more than 30 million viewers in three hours, with the latest record breaking peak concurrent users of over 3.2 million, which is much more than the one million viewers of the 2008 Olympics, Broad net Beijing reported on Wednesday.

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