Rise & Shine: October 9, 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

Solar Pioneer Joins UC San Diego
UC San Diego’s reputation as one of the “greenest universities” took a giant leap forward with the appointment of solar pioneer Byron Washom as director of strategic energy initiatives.

Sun Generates Lots of Power For Fresh And Easy Distribution Center
Fresh and Easy Neighborhood Market has announced the solar panel installation at its California distribution center is providing nearly three quarters of the facility’s energy.

California City Takes First Step Towards Renewable Energy
The Tracy, CA City Council voted 4-1 last night to put a solar or other renewable energy generation facility on 200 acres it owns in its southwest corner of city limits.

National News

Novan Solar System Chosen for New Colorado Springs Recreation Center
Novan Solar will design and install a 68-panel solar thermal system for pool heating at the new University of Colorado at Colorado Springs Recreation Center in fall 2008.

Punahou School to Get PV Solar System
Seven buildings on the school’s campus will be equipped with photovoltaic solar systems, which are being installed by Island Pacific Energy.

Schott Solar Offering 225W Solar Photovoltaic Module for US Market
Schott has developed a 225 W module to be manufactured in Albuquerque, NM, which will complement the their 310 W module manufactured in Massachusetts.

Utility Industry & Regulatory News

Wood as a Power Source May be Making Comeback
New wood-burning electricity plants are again being proposed from Massachusetts to New Mexico as the nation finds itself in a third energy shock.

Japan Utilities May Buy More CO2 Credits
Japan’s electric power industry will likely buy more than double a planned 190M tonnes of carbon credits from abroad in the next 5 years to meet its climate pledges to the government.

Another Utility Buying Solar
Lakeland Electric pushed a power purchase agreement with solar industry giant SunEdison through the Lakeland, Florida, city commission October 6.

Financial News & Markets

Schott Solar Calls Off IPO at this Time
German solar company Schott Solar AG said it and Joint Global Coordinators and Joint Bookrunners, Commerzbank, Deutsche Bank and J.P. Morgan have decided to call off the planned IPO at this time.

LDK’s Sunny Outlook Bucks Solar Bears
The midpoint of the new guidance marks a 9% improvement over the old figure and a 10 percent premium over the consensus.

Markets & Market Research

Climate Groups’ Revenue Hits $300B
Companies providing goods and services that tackle climate change now form a bigger industry grouping than the global software and biotechnology sectors combined, according to new research.

Government & Politics

3Tier Opening D.C. Office to Access Policy Makers
3TIER, an independent provider of renewable energy assessment and power forecasting information, is opening an office in Washington, D.C.

International News

Solectria Renewables Delivers PV Inverters to South Korea
Solectria Renewables has completed delivery of more than 5MW of its 95kW three-phase grid-tied inverters for multiple PV systems in South Korea.

Aérowatt Starts Construction on Four Photovoltaic Projects
Aérowatt, a green electricity generator, is continuing to grow in the solar power sector and will begin work soon on four solar power projects with a total capacity of around 5.4 MWc.

Canadian Solar Signs 2009 Sales Contract with Systaic of Germany and Announces European Sales to Date
Systaic will purchase 60 MW of regular solar modules for delivery in 2009. To date, CSI’s sales contracts in Europe stipulate minimum shipments of
approximately 226 MW.

Day4 Energy and Arian Solar Complete Mexico’s Largest PV Installation for L’Oreal
Day4 Energy announced completion of Mexico’s largest industrial off-grid photovoltaic (PV) system, a 56 kW installation for L’Oreal Group, the world’s leading cosmetics company.

LDK Solar Ahead of MW Capacity Ramp Schedules
LDK Solar has said that it has reached 1.2GW in annualized wafer production capacity in the third quarter of 2008, exceeding its previously announced target to reach that level by the end of the year.

Yingli Plans to Stop Expansion at 600MW
Yingli Green Energy Holding Co. said Wednesday it has no plans to boost capacity once it reaches 600 megawatts, which is expected in 2009.

Solar Panels installed on the Slopes of Barbaresco
Enerqos has announced the commissioning of its installation at the Cisa Asinari dei Marchesi di Gresy vineyards in Barbaresco, Italy.

Carmanah Introduces Next Gen EverGEN Line of Solar Engines
Carmanah Technologies is pleased to unveil the next generation of the EverGEN solar engine, at the Solar Power 2008 conference being held in San Diego, California from October 13-16, 2008.

Are you in California and interested in solar for your home? Call us at 877.SUN.MOJO or visit our website to learn more.

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