Government urged to promote small scale solar projectsOctober 6th, 2009 NEW DELHI - The government should encourage small scale solar energy projects in rural areas along with the big ticket projects if it wants to meet the ambitious target of generating 20,000 MW solar power by 2020, an industry body said Tuesday. "If the government wants to generate 20,000 MW of solar power, large scale projects alone won't do.
Solyndra begins building second solar plant using $535M federal loanSeptember 4th, 2009 Solyndra begins building second solar plantFREMONT, Calif. — Solyndra Inc.
Energy Dept. to give loan guarantee to Calif. solar company in city hit by auto plant closingSeptember 3rd, 2009 California solar company to get federal backingWASHINGTON — A California company that makes solar panels will receive a $535 million federal loan guarantee, allowing it to complete the first phase of a new manufacturing plant in Fremont. The expansion is expected to create up to 3,000 construction jobs and 1,000 long-term jobs.
First Solar names Robert Gillette CEO, board member, effective October 1September 3rd, 2009 First Solar names Robert Gillette CEOTEMPE, Ariz. — First Solar Inc., nation's largest solar panel maker, on Thursday named Robert Gillette CEO, succeeding Mike Ahearn.
Fluor wins engineering contract to design solar power plant for eSolar, value not disclosedAugust 26th, 2009 Fluor wins contract to design solar power plantIRVING, Texas — Fluor Corp. said Tuesday it won an engineering contract to design a solar power plant for eSolar Inc.
ReneSola shares jump over 15 percent after winning $706M solar power plant project in ChinaAugust 20th, 2009 ReneSola lands $706M solar project, shares jumpNEW YORK — Shares of ReneSola Ltd. jumped on Thursday on news that the Chinese solar maker scored an exclusive right to develop a $706 million, 150 megawatt solar power plant in China.
Trina Solar makes $142.5M from selling more than 517 million ordinary sharesAugust 17th, 2009 Trina Solar makes $142.5M from selling sharesNEW YORK — Chinese solar manufacturer Trina Solar Ltd. said Monday it made $142.5 million from a sale of 5.18 million American depository shares.
Salazar to tour Colorado solar plant, urging Senate to act on climate change billAugust 4th, 2009 Salazar again urges climate action in SenateLONGMONT, Colo. — Standing inside a solar energy plant, Interior Secretary Ken Salazar vowed Tuesday that the health care debate in Washington won't slow progress on a sweeping climate change bill.
First Solar 2Q profit more than doubles, stock price tumbles after-hours on rebate newsJuly 31st, 2009 First Solar profits jump; economic view improvesNEW YORK — First Solar, the nation's largest solar panel maker, said Thursday its second-quarter profit more than doubled on strong sales of its thin-film modules. The results beat Wall Street expectations, but investors were turned off by a rebate program that would hurt company earnings in the second half of the year.
Feds accuse SC poultry plant of knowing managers hired hundreds of illegal immigrantsJuly 16th, 2009 Feds accuse SC poultry plant of illegal hiringCOLUMBIA, S.C. — Federal authorities say the company that runs a South Carolina poultry plant knew its managers were hiring illegal immigrants at a facility raided in October.
EPA, Dow Chemical resuming negotiations over plans for dioxin cleanup near Midland plantJune 30th, 2009 EPA, Dow Chemical resuming dioxin talksMIDLAND, Mich. — Federal officials are resuming negotiations with Dow Chemical Co.
Aila damaged solar panels worth Rs.50 crore in SundarbansJune 5th, 2009 KOLKATA - Cyclone Aila that devastated parts of West Bengal last month damaged solar power panels worth Rs.50 crore (Rs.500 million) in the Sundarbans, an official said here Friday. "We've estimated that a huge bulk of solar panel devices worth Rs.50 crore was completely damaged due to cyclone Aila last week in Sundarbans," the managing director of West Bengal Green Energy Development Corporation Ltd, S.P Gon Chowdhury told reporters on the sidelines of a enviromental conference.
First Solar 1Q profit triples despite tightened bank lending as company lands new projectsApril 30th, 2009 First Solar 1Q profit triples on new projectsNEW YORK — First Solar, the nation's largest solar panel maker, reported Wednesday that first-quarter profits more than tripled as the company inked numerous new power projects and cut its production costs. The Tempe, Ariz.-based company reported Wednesday it earned $164.6 million, or $1.99 per share, in the first quarter, compared with $46.6 million, or 57 cents per share, for the same period last year.
First Solar 1Q profit triples despite tightened bank lendingApril 29th, 2009 First Solar 1Q profit triplesNEW YORK — First Solar Inc., the nation's largest solar panel maker, says its profit more than tripled in the first quarter despite tightened bank lending that has made it tough to fill orders. The Tempe, Ariz.-based company reported Wednesday it earned $164.6 million, or $1.99 per share, in the first quarter, compared with $46.6 million, or 57 cents per share, for the same period last year.
IDFC signs deal to build thermal, solar plants in GujaratJanuary 12th, 2009 NEW DELHI - The infrastructure development arm of a leading finance company in the infrastructure space Tuesday announced that it had signed two memorandums of understanding (MoUs) with Gujarat state government to build a thermal and solar power plant. A statement from Infrastructure Development Finance Company Ltd.