CORPORATE NEWS


DATE CORPORATE NEWS HEADLINES
Mar 19, 2010
Hsinchu, Taiwan: DelSolar Announces Legal Action to Resolve Contractual Dispute with Swiss Wafers AG

After multiple attempts to negotiate, DelSolar and Swiss Wafers AG have been unable to reach any settlement in their dispute arising out of what DelSolar says is Swiss Wafers’ contractual breach.

Mar 18, 2010

Niskayuna, NY, USA: GE to Focus on CdTe Technology

With the race on in earnest to have the most efficient, low-cost solar module on the market, GE has announced it is focusing its research and development efforts on thin film photovoltaic technology in conjunction with PrimeStar Solar Inc., the startup firm in which GE is a majority investor.

Mar 18, 2010

San Jose, CA, USA: SunPower Reports Fourth-Quarter, Year-End 2009 Results

SunPower Corporation today announced financial results for its 2009 fourth quarter and fiscal year 2009 which ended January 3, 2010. Revenue for the 2009 fourth quarter was $548 million which compares to $465 million in the third quarter of 2009 and $398 million in the fourth quarter of 2008.

Mar 18, 2010

Munich, Germany: Centrosolar Group Reports Fourth Quarter Results

With revenue of EUR 105 million and an EBITDA operating result of EUR 13.5 million, Centrosolar Group AG exceeded the previous quarter's record figures (revenue EUR 82 million, EBITDA EUR 8.7 million) in the fourth quarter of 2009.

Mar 18, 2010

Changzhou, China: Trina Solar Announces Follow-on Public Offering

Trina Solar yesterday announced that it intends to offer, subject to market and other conditions, 7,900,000 American depositary shares ("ADSs"), each representing 50 ordinary shares of the Company.

Mar 17, 2010

San Bruno, CA, USA: Agile Energy Secures Series A Financing

Agile Energy, Inc., a developer of utility-scale renewable power generating projects, has closed a Series A investment from Good Energies, Inc., one of the world's leading private investors in renewable energy and enabling technologies.

Mar 16, 2010

Nanjing, China: China Sunergy Announces to Acquire Two Solar Module Manufacturers

China Sunergy, a specialized solar cell manufacturer based in Nanjing, China, announced today an agreement to acquire 100% of the shares of two related module manufacturers, CEEG (Shanghai) Solar Science & Technology Co., Ltd and CEEG (Nan Jing) New Energy Co., Ltd.

Mar 12, 2010

Xinyu City, China: LDK Solar Provides Updated Outlook for Fourth Quarter and Fiscal Year 2009 Financial Results

Wafer manufacturer, LDK Solar yesterday provided an updated outlook for the fourth quarter of 2009 and select data for the year 2010.

Mar 10, 2010

Jiashan, China: ReneSola Announces Fourth Quarter and Full Year 2009 Results

Total solar product shipments in Q4 2009 were 202.9 MW, an increase of 38.1% from 146.9 MW for Q3 2009, exceeding the Company's guidance.

Mar 9, 2010

Sulzemoos, Germany: Phoenix Solar AG Releases Preliminary Figures for 2009 Financial Year

Based on preliminary figures, photovoltaic system integrator, Phoenix Solar AG generated consolidated revenues of EUR 473.0 million in the financial year 2009, which corresponds to the upper range of the corridor forecast for revenues (EUR 430 - 480 million).

Mar 8, 2010

Boading, China: Yingli Announces Fourth Quarter Results; Expands Production Capacity

Total net revenues were RMB 2,530.9 million (US$370.8 million) in the fourth quarter of 2009, an increase of 13.7% from RMB 2,225.2 million in the third quarter of 2009 and an increase of 43.7% from RMB 1,761.2 million in the fourth quarter of 2008.

Mar 5, 2010
Oldenburg, Germany: Aleo Solar Announces 2009 Financial Results

Aleo solar AG has announced revenue of EUR 376.1 million (previous year: EUR 360.5 million) and EBIT of 16.0 million (previous year: EUR 23.8 million) for financial year 2009, according to preliminary calculations.

Mar 4, 2010

Boston, MA, USA: Suntech Reports Fourth Quarter and Full Year 2009 Financial Results

Gross margin for the core wafer to module business was 26.3% in the fourth quarter of 2009, compared with 20.0% in the third quarter of 2009.

Mar 4, 2010

Kitchener, ON, Canada: Canadian Solar Reports Fourth Quarter and Full Year 2009 Results

For the fourth quarter of 2009, net revenues were $287.0 million, compared to net revenues of $68.8 for the fourth quarter of 2008 and $213.1 million for the third quarter of 2009.

Mar 3, 2010

Foster City, CA, USA: SolarCity Creates New $90 Million Fund

SolarCity yesterday announced a new fund to finance an additional $90 million in commercial and residential solar projects in 2010 with U.S. Bancorp Community Development Corporation (USBCDC)

Mar 2, 2010

Lowell, MA, USA: Konarka Announces Business Collaboration and Strategic Investment with Konica Minolta

Konarka Technologies has signed a comprehensive R&D collaboration and strategic investment agreement with Konica Minolta Holdings, Inc. (Konica Minolta).

Mar 1, 2010

Port Washington, NY, USA: The NPD Group Acquires Solarbuzz LLC

The NPD Group today announced that it has acquired Solarbuzz LLC, an international solar energy market research and consulting company. Solarbuzz will operate in conjunction with The NPD Group Company's DisplaySearch, the worldwide leader in flat panel display and electronics market research and consulting.

Mar 1, 2010

Doha, Qatar: SolarWorld Participates in Polysilicon Joint Venture in Qatar

SolarWorld AG is participating with 29% stake in anewly formed joint venture Qatar Solar Technologies (QST) based in the emirate of Qatar.

Mar 1, 2010

St Louis, MO, USA: Solutia Announces Agreement to Acquire Etimex Solar

Solutia Inc. has reached a definitive agreement to purchase Etimex Solar GmbH, a wholly owned subsidiary of Etimex Holding GmbH, which is controlled by funds affiliated with Alpha Gruppe.

Mar 1, 2010

Tokyo, Japan: Showa Shell Solar Changes Name to Solar Frontier

Showa Shell Solar K.K., a 100% subsidiary of Showa Shell Sekiyu K.K. headquartered in Tokyo, will open two overseas offices this April in Northern California and Munich, further building its global network to facilitate one gigawatt per year of sales and delivery of its proprietary CIS solar panels to customers worldwide.

Feb 26, 2010 Bonn, Germany: SolarWorld AG Reports 2009 Results

As a result of full utilization of SolarWorld AG's production capacities 2009 consolidated revenues increased to 1,012.6 (previous year: 900.3) million EUR.

Feb 24, 2010 Changzhou, China: Trina Solar Announces Fourth Quarter and Fiscal Year 2009 Results

Trina Solar's net revenues in the fourth quarter of 2009 were $313.3 million, an increase of 25.4% sequentially and an increase of 44.8% year-over- year.
Feb 23, 2010 Berlin, Germany: SOLON Presents Preliminary Results for Fiscal 2009

According to preliminary results, SOLON Group sales reached EUR 354 million, a drop of 57% compared to the extremely strong prior year (2008: EUR 815 million).

Feb 23, 2010

Bitterfeld-Wolfen, Germany: Q-Cells Reports Preliminary Fourth Quarter 2009 Results

Preliminary earnings before interest and taxes (EBIT) for the fourth quarter, adjusted for one-off items and start-up costs, improved to EUR -20 million compared with EUR -36 million in the third quarter.

Feb 19, 2010

Ontario, Canada: Canadian Solar Updates 4Q09 Outlook

Canadian Solar today updated its outlook for the fourth quarter 2009 ended December 31, 2009 based on selected unaudited financial results.

Feb 18, 2010 Tempe, AZ, USA: First Solar Announces Fourth Quarter Results

Quarterly revenues were $641.3 million, up from $480.9 million in the third quarter of fiscal 2009 and up from $433.7 million in the fourth quarter of fiscal 2008.
Feb 17, 2010

Sarasota, FL, USA: Equipment Manufacturer, Mustang Solar Receives Green Technology Grant

Mustang Vacuum Systems / Mustang Solar has been awarded $2 million via the Renewable Energy and Energy-Efficient Technologies Grant Program of the Florida Energy & Climate Commission.

Feb 12, 2010

Sandvika, Norway: REC Announces Fourth Quarter Results

Renewable Energy Corporation ASA (REC) reported revenue of NOK 2,676 million in the fourth quarter 2009, an increase of 12 percent the fourth quarter 2008. Revenue for the full year 2009 amounted to NOK 9,156 million, which was also a 12 percent increase from 2008.

Feb 11, 2010

Sunnyvale, CA, USA: Calisolar Acquires Ontario, Canada Based 6N Silicon

Calisolar Inc. today announced the acquisition of 6N Silicon Inc., an Ontario-based silicon supplier to Calisolar and the solar industry. The acquisition was completed through a stock-for-stock transaction between the two privately held companies.

Feb 11, 2010

Shanghai, China: JA Solar Announces Fourth Quarter and Full Year 2009 Results

JA Solar today announced its financial results for its fourth quarter and full year 2009, ended December 31, 2009. Total shipments in the fourth quarter of 2009 was a record 231MW, compared with third quarter shipments of 177MW, representing sequential growth of 30.5 percent.

Feb 11, 2010

San Jose, CA, USA: SunPower to Acquire SunRay Renewable Energy

SunPower Corporation has signed a definitive agreement to acquire SunRay Renewable Energy, a European solar power plant developer with offices in Europe and the Middle East, including a principal project office in Rome.

Feb 11, 2010

San Francisco, CA, USA: One Block Off the Grid Raises $5 Million

One Block Off the Grid (1BOG), has closed a $5 million round of Series A financing from New Enterprise Associates (NEA). NEA is a global venture capital firm with more than $11 billion in committed capital and a 30-year track record of successful investing.

Feb 9, 2010

North Andover, MA, USA: Nexamp Secures $6.5 Million in Venture Financing

Award-winning clean energy solutions company Nexamp today announced that it has secured $6.5 million in Series A venture financing from Good Energies, one of the world’s leading private investors in renewable energy and enabling technologies.

Feb 9, 2010

Marlboro, MA, USA: Evergreen Solar Announces Fourth Quarter Results

Revenues for the fourth quarter of 2009 were $74.5 million, compared to $77.7 million (inclusive of $2.2 million of fees from Sovello) for the third quarter of 2009. Gross margin in the fourth quarter of 2009 was 11.9%, up from 9.7% in the third quarter of 2009.

Feb 9, 2010

Rochester Hills, MI, USA: Energy Conversion Devices Reports Financial Results

Total consolidated revenues for the second quarter of fiscal 2010 were $52.9 million compared to $103.1 million in the second quarter of fiscal 2009 and $42.9 million in the first quarter of fiscal 2010.

Feb 8, 2010

South Plainfield, NJ, USA: Petra Solar Secures $40M in Financing

Petra Solar, a developer of pole mounted smart grid and solar systems for utilities has raised $40 million in funding for expansion. Two new investors, Craton Equity Partners and Espírito Santo Ventures, led the latest round with 100% participation from existing investors, Element Partners, Blue Run Ventures, OnPoint Technologies (U.S. Army's Venture Fund) and Kuwait's National Technology Enterprises Company (NTEC).

Feb 3, 2010

St Peters, MO, USA: MEMC Reports 2009 Fourth Quarter Results

Net sales for the fourth quarter were $356.7 million, representing an increase of 15.1% from third quarter 2009 net sales of $310.0 million, and a decrease of 16.2% from fourth quarter 2008 net sales of $425.7 million.

Feb 3, 2010

Merrimack, NH, USA: GT Solar Reports Results for Third Quarter Fiscal Year 2010

GT Solar yesterday reported results for its third quarter of fiscal year 2010, which ended December 26, 2009. Revenue for the third fiscal quarter totaled $173.6 million, compared with $104.2 million in the second fiscal quarter and $205.2 million in the third quarter of fiscal year 2009.

Feb 1, 2010

Munich, Germany: Centrosolar Announces Fourth Quarter Results

According to initial, unaudited figures Centrosolar Group AG posed revenue of EUR 105 million in the fourth quarter of 2009.


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