Rise & Shine: December 1, 2008

The Rise & Shine is your daily source for all solar-industry news. Brought to you by Sweet Solar Home and the Experts at SunRun.

CALIFORNIA NEWS
The Long and Winding Solar Road
Richard Swanson, SunPower’s President, says there is no equivalent of Moore’s Law in solar, but other things work in the industry’s favor.

Woodside Priory Taps Into Solar Power
With the recent installation of four groups of solar panels across the campus, the priory’s electrical use will be integrated with the most powerful energy source in the solar system.

SunPower Signs Sizeable Deal to Supply German Power-Plant Developer
SunPower, the San Jose maker of solar power chips, revealed in a filing last Wednesday afternoon that it signed a deal a week ago to supply at least 100 MW of solar panels and systems between 2009 and 2011 to City Solar Kraftwerke, a German developer of large-scale PV power plants.

NATIONAL NEWS
EPV Solar’s New Plant Shipping Thin-Film Modules
EPV Solar announced that a new 30,000 square foot, 20 MW production facility at the company’s headquarters in Robbinsville, NJ, is now shipping production quantities of its thin-film amorphous silicon solar modules.

CPS Energy Vets Potential Solar Partners
In an effort to bring up to 100 MW of solar-generated electricity to San Antonio, utility CPS Energy is currently in the process of examining vendor candidates, the San Antonio Business Journal reports.

Solar Energy Research Firm to Locate in Broomfield
The city of Broomfield took a step toward a potentially brighter future with the approval of a new facility that will focus on producing renewable energy sources.

FINANCIAL NEWS & MARKETS
Solar Rally- How Long This Time?
As encouraging as this sounds longer term, it’s likely the broad selling pressure will resume in early December which could erase many of the big gains achieved last week.

Yingli Green Energy Reports Third Quarter 2008 Results
Net revenues were $325.5 M in Q3 2008, an increase of 11.2% from Q2 2008 and 73.1% from Q3 of 2007.

TECHNOLOGY
Solar Cell Efficiency Research
Thin-film solar companies may not like questions about their conversion efficiency, but two new studies out this week from MIT and UCLA could eventually help solar cell manufacturers achieve numbers worth bragging about.

INTERNATIONAL NEWS
Refex Energy Partners with IBC Solar
Refex Energy partnered with IBC Solar to address the utility-scale and stand alone PV projects in India.

Photovoltaic System Inaugurated at the Vatican
SolarWorld AG has completed the first solar power plant for the Vatican right next to St. Peter’s Cathedral.

Colexon and Renewagy AG Plan Merger
The management teams of COLEXON and Renewagy plan to merge the two companies. The merger is expected to become effective as of January 1, 2009 and is subject to the approval of the shareholders’ annual meetings in 2009.

Sharp and Enel to Form 1 GW Thin Film Joint Venture
Sharp Corporation and Italy’s largest power company, Enel SpA, will establish a joint venture in the spring of 2009 to operate as an independent power producer and will develop a number of photovoltaic power plants with a total capacity of 189 MW by the end of 2012.

Meyer Burger Wins Order from Wacker Schott Solar
Meyer Burger Ltd will provide wire and ID/OD saws to the WACKER SCHOTT Solar GmbH joint venture as part of the latter’s expansion plans.

Chiyoda Awarded Polysilicon Plant Contract
Chiyoda has been awarded a contract by Tokuyama Corporation for the Front-End Engineering Design (FEED) of a polycrystalline silicon plant in Malaysia. The FEED work is scheduled to be completed in the first half of 2009.

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