Rise & Shine: December 10, 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
Suntech Power and Open Energy Sign Solar Roof Tile Licensing Deal
Suntech Power and Open Energy Corporation have entered into an exclusive agreement licensing the worldwide manufacture, distribution and marketing of Open Energy’s building integrated solar roof tile product to Suntech.
Supervisors Reject Solar Mandates
Kern County supervisors voted Tuesday to investigate creating a loan program to help homeowners install solar panels on their homes to generate electricity.
NATIONAL NEWS
Tri Town Precision Plastics to Harness the Power of the Sun
Tri Town Precision Plastics has joined a fast-growing cluster of CT manufacturers relying on the sun for clean energy. Within the upcoming month, Tri Town will complete the installation of a new solar photovoltaic system.
Renew Texas Plan Calls for Solar Energy
More than 90 elected officials and key decision makers have set out to upgrade the states standing in the renewable energy industry with the Renew Texas plan. Texas could save $5 billion through energy efficiency, create 38,000 jobs and reduce pollution by 20%.
European Solar Company Considers Gresham Plant
A large European solar company has picked Gresham as its top U.S. candidate while seeking a site for multiple factories that could employ more than 2,000, public officials confirm.
UTILITY INDUSTRY & REGULATORY NEWS
Will the Economy Slow Utilities Entering Solar
With many utilities responses to the tax credits still under wraps, the added economic complications mean that uncertainty is likely to continue.
Q&A: PG&Es Andrew Tang
PG&E wants a “smart grid” able to monitor and control the flow of electricity to and from homes and businesses.
FINANCIAL NEWS & MARKETS
Evergreen Solars EverQ Delays IPO, Becomes Sovello
The name change for this joint venture from Evergreen Solar, Q-Cells and Renewable Energy Corp, comes as part of a larger move to independence. Sovello also said it will put its public offering on hold.
GOVERNMENT & POLITICS
Obama Wants Gore to Help Repower America
Obama hasn’t said what role Gore will play in his administration but pledged that the former VP will be part of the plan to create jobs all across this country in all 50 states to re-power America.
TECHNOLOGY
SMA Solar Technology: Expansion of Network Service and Logistics Area
At the end of 2008 the areas of Technical Service and Logistics of the Spanish subsidiary expand to continue offering the highest quality service to its customers.
INTERNATIONAL NEWS
China’s Biggest Solar Plant Starts Construction
At 166MW, the facility will not only become China’s largest, but also the world’s number one in installed capacity.
Bankruptcies Start to Plague Chinese Solar
Some module producers have been unable to absorb losses from worsening exchange rates, lower demand and falling oil prices.
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