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

California, Fresno Airport Built Solar Power Project

July 18: California, the central city of Fresno airport is being installed is said to be the largest U.S. commercial solar project, the project will be 9.5 acres of land to install 11,700 solar panels, the daily generating capacity will be Enough to provide the airport daily consumption of 40 percent. Airport official said the use of renewable energy will reduce their daily expenses.

Source: 国际新能源网 Jul. 19, 2008

First Solar And Edison International Reached Two Solar Energy Trading

Thin film solar cell maker First Solar Inc. (FSLR) Wednesday said it would and Edison International (EIX), a subsidiary of Southern California Edison started with two solar power projects.

First Solar will supply the roof of a 2-megawatt solar system, this will be the roof of California's largest solar power plant.

The company also plans to sell Southern California Edison, California Blythe a new solar power plant by the production of electricity, this plant will be the state's largest solar power plant on the ground.

California Public Utilities Commission has this power plant approved a 20-year power purchase agreement.

Source: 国际新能源网 Jul. 17, 2008

Thin Film Solar Cell Sales In 2015 Will Be Over 20 Billion U.S. Dollars

According to the U.S. NanoMarkets forecasts, thin-film solar cells in 2015 of generating capacity will reach 26 GW, sales of over 20 billion U.S. dollars (U.S. released data). The main reasons for growth, all the popularity of thin-film solar cells, as well as the crystallization of the mainstream than the current silicon solar cells low cost, easy to bend and easy to manufacture the appearance of thin-film solar cells. The company expects 2015 pre-solar generating capacity of more than half will come from the thin-film solar cells.

Thin-film solar cells due to low cost, light weight and can be flexible on the manufacturing floor, in residential areas more welcome. Thin-film solar cells is expected to residential market by the year 2015 will grow to 2.3 billion U.S. dollars.

From the type of view, is expected to CdTe thin-film solar cell market will continue to grow, the market's 2015 sales will reach 8.7 billion U.S. dollars. CdTe semiconductor with light absorption and to be able to take advantage of the gap higher. In addition, the company said, after worried about the impact on the environment has become smaller.

CIS / CIGS solar cells although the high prices, manufacturing problems, but in the field of thin film solar cells still maintained a clear advantage. NanoMarkets expects the market sales by the year 2015 will be close to 5 billion U.S. dollars.

Source: 技术在线 Jul. 15, 2008

U.S. Scientists Have Developed New Technologies Windows Can Collect Solar Energy

Have such a window, it can provide a clear vision and illuminate the room, can use the sun to the building to provide an effective supply of electricity » According to the July 11 "Science" magazine reported that the U.S. Massachusetts Institute of Technology engineers to create a novel method for solar concentrators, this novel can imagine into reality.

Responsible for the study, associate professor of electrical engineering • Mark Bartholomew said that this new type of solar concentrators for use of a coating, in the large-scale (such as a window) to collect sunlight, and then gathered at the edge. In this way, does not require the entire roof covered with expensive solar cells, solar cells and simply Wai embedded in the flat glass plate on the edge, so that everyone will be able to collect solar energy increased 40 times over.

Before the solar concentrators are used for large mirror to track the movement of the sun condenser, and now the technology to avoid its disadvantages. The new system is very easy to create, because reducing the size of the solar cells and therefore reduce costs. The researchers believe that in three years to achieve commercialization, or even add to the existing solar system, but also with a minimum of 50 per cent of additional costs to improve efficiency, thus greatly reducing the cost of solar power.

The U.S. Department of Energy Office of the scientific basis of energy science program manager Alaweida • Gini believes that this innovative design without the need for optical tracking could be achieved under the conditions of the outstanding conversion of solar energy, which proved to be "in a cost-effective Use of solar energy "access to the leading results of a revolutionary, innovative research is the basis of essential importance.

Source: 国际新能源网 Jul. 11, 2008