France To Amend Laws And Regulations Affecting France Next Photovoltaic Solar Energy Market

According to reports, the Government of France through the French parliament has approved the country's laws and regulations on the history of photovoltaic power generation one of the biggest changes is no doubt that France and the European solar industry a huge impact.

European solar power generation started relatively early, particularly in Switzerland and Germany, solar power systems at the construction and application of the forefront of the world. In the traditional environment of the energy shortage, France once again aware of the limitations of traditional energy development and the need for solar power.

From 2006 to 2007, France's solar photovoltaic industry market grew nearly three times that of France in 2006 solar electricity generating capacity of 10.3 MW, 2007 jumped to the generating capacity of 30 MW, solar energy that France's influence on such an enormous .

After the revised policy is the solar photovoltaic in the next 20 years, the development of new energy center of gravity biased in favour of solar power generation industries, including solar energy technology research, solar energy power station building and the daily life of solar cell applications. Is expected in 2028, in the whole territory of France, solar energy generating capacity can reach 7 GW.

Source: 国际新能源网 Jul. 26, 2008

The Use Of Sub-Saharan Sun To Illuminate Europe

A rectangular area of the Sahara desert could become the European people's blessed land. EU scientists in this very much like to build a solar power plant, where the entire solar energy to reduce carbon dioxide emissions in Europe. This area smaller than the United Kingdom Wales, but scientists said on the 21st, only 0.3 percent of the Sahara desert sun, enough to provide clean energy in the whole of Europe.

Solar is three times the Nordic

Held in Barcelona of the European Science Forum, the European Commission's energy research agency scientists called for the establishment of solar power station - the gathering of solar energy through solar energy batteries, used to drive turbines or water heating. The solar power station is to find a new EU-China energy part of the project. Scientists of the proposed new solar power station, was French President Sarkozy and British Prime Minister Brown's strong support. Scientists believe that in sub the most effective use of solar energy, because the same solar photovoltaic panels, solar energy gathered in North Africa is the Nordic three times.

Construction of large power grid is the largest expenditure

Including Spain, Portugal and the southern Mediterranean countries have to invest in solar energy utilization of the huge sum of money, Algeria also began the construction of large-scale solar energy, integrated natural gas equipment, is expected to produce energy in 2010. It is reported that Algeria's goal is that in 2020 exports to the European 6,000 megawatts of solar energy into electricity.

The project scientists acknowledged that the new solar power station in North Africa will spend huge amounts of money, it will take a long time. But in the long view, is absolutely the right choice.

"Green Peace Organization," the British branch of the chief scientist Doug Parr high evaluation of the scheme: "This is certainly worthy of, if we want to deal with climate change, massive new energy plan is that we urgently need to change." Jaeger-Walden also of the view that , Large-scale solar power plants can also reduce the tariff burden on consumers. If the plans materialize, the price of each unit of electricity will be substantially reduced.

Source: 成都商报 Jul. 24, 2008

GT Solar Will Issue About 500 Million U.S. Dollars IPO

Later this week, GT Solar International market will be issued long-awaited IPO. The field of solar energy companies finally to the bleak matt the IPO market a glimmer of vitality.

Right now the U.S. market almost no IPO, but investors and alternative energy-related IPOs have been relatively recognition, mainly due to record oil prices and a record public increasingly worried about greenhouse gas emissions.

Headquartered in New Hampshire, Merrimack's GT Solar is a photoelectric wafer manufacturing equipment providers. The company set the IPO issue price range of 15.50 to 17.50 U.S. dollars.

GT Solar size of the issuance of shares for 3030, which means that this initial issue of shares worth about 500 million U.S. dollars. GT Solar IPO's underwriters for Credit Suisse and UBS Investment Bank.

IPO is expected this week to three nights in the final issue price, on Thursday began trading on the Nasdaq. GT Solar will use the ticker symbol "SOLR".

IPO Boutique, an analyst Scott Sweet pointed out that this IPO seems to have attracted institutional and retail investors of great interest, "it may become an outstanding performance of the IPO."

2008 first quarter, GT Solar announced the performance figures: net income of 36 million U.S. dollars on revenue of 244 million U.S. dollars.

Further tightening credit market and economic slowdown in the IPO market has a great impact. According to Hoover's Inc of the information provided, the entire second quarter, the only major U.S. Stock Exchange 13 IPO, significantly less than the same quarter last year 57.

May 8, so far this year only one type of solar IPO Real Goods Solar Inc. (RSOL) to 10 U.S. dollars price listed. However, last Friday the stock has dropped to 5.92 U.S. dollars.

GCL Silicon Tech issued 863 million U.S. dollars for IPO

GCL Silicon Technology Holdings Inc. Have submitted applications, the maximum possible value of 863 million U.S. dollars issued in the IPO. It may become the year's biggest IPO one. GCL IPO underwriters Morgan Stanley (MS) and Credit Suisse (CS).

GCL is a Hong Kong-based solar energy for industrial silicon providers. The company plans in the New York Stock Exchange, the stock symbol to be used for the "GCL".

Founded in 2006 to plan the GCL in 2010 when production increased to 13,500 tonnes / year.

GCL's chairman and controlling shareholder is, 50-year-old Zhu Gongshan. He has served as the Hong Kong Stock Exchange listed company GCL-Poly Energy Holdings Ltd.'s Executive director.

Ending March 31 to the three-month period, GCL net income of 34.7 million U.S. dollars, total operating income 82 million U.S. dollars.

Source: 新浪财经 Jul. 22, 2008