Last post of 2007
This is the last of 2007, and hopefully next year will bring more activity to this blog.
So the latest news on solar energy are...
Thin film solar cells are coming finally in mass production:
Solar energy 'revolution' brings green power closerThe holy grail of renewable energy came a step closer yesterday as thousands of mass-produced wafer-thin solar cells printed on aluminium film rolled off a production line in California, heralding what British scientists called "a revolution" in generating electricity.
The solar panels produced by a Silicon Valley start-up company, Nanosolar, are radically different from the kind that European consumers are increasingly buying to generate power from their own roofs. Printed like a newspaper directly on to aluminium foil, they are flexible, light and, if you believe the company, expected to make it as cheap to produce electricity from sunlight as from coal.
Yesterday Nanosolar said its order books were full until mid-2009 and that a second factory would soon open in Germany where demand for solar power has rocketed. Britain was unlikely to benefit from the technology for some years because other countries paid better money for renewable electricity, it added.
Full article at
guardian.co.ukOther articles:
Best Stocks for 2008: Block buyer bets on First Solar (FSLR)Drilling up’ into space for energy
While great nations fretted over coal, oil and global warming, one of the smallest at the U.N. climate conference was looking toward the heavens for its energy.
Read the rest at:
Daily Times ArticleLabels: CIGS, FSLR, solar cells, Solar Energy Products, Thin film solar cells
Fed cuts rates
Fed cut the rates by a quarter point, and the market reacted badly, maybe because it expected a bigger cut. The S&P500 entered free fall as well some of the solar stocks that I track.
Considering the recent stock market losses, the solar sector barely budged with this loss on the indexes. Even with the solar powerhouses like SunTech Power(STP) and SunPower Corp(SPWR) moving down today around 7%, they are still very near record highs and even managed to recover in the After-hours.
Couple of days ago an interesting article mentioning the "
Burgeoning Global Solar Industry" appeared on Seeking Alpha, Palma Research author.
You can check the article here:
SunPower Corp. and the Burgeoning Global Solar IndustryMeanwhile one of the latest solarstock performers has been LDK Solar Co., Ltd.( NYSE:
LDK) up almost 100% since the start of December. While it was one of the industry laggards, this month changes everything about this stock.
LDK 6 month chart:
Labels: LDK, Solar Stocks Performance, SPWR, STP
HOKU Scientific up 33% in the opening
Hoku Scientific shares up 34% in premarket; borrows $185M from Merill LynchBOSTON, Dec. 6, 2007 (Thomson Financial delivered by Newstex) -- Shares of Hoku Scientific (NASDAQ:HOKU) Inc. rallied in premarket trading Thursday after the Kapolei, Hawaii-based materials science company said it will to borrow up to $185 million from Merrill Lynch (NYSE:MER) (OOTC:MERIZ) to build a polysilicon production plant.
The stock rose 34% to $8.87 on volume of 348,444.
money.com full articleLabels: HOKU, Solar Stocks Performance
Good Energies
SOLF finished up 27% on the following news:
Solarfun Power: Good Energies enters into agreement to increase ownership stake in Solarfun to 34.7% SOLF announces that Good Energies has entered into an agreement to purchase 66,745,638 ordinary shares and 281,011 American Depository Shares from current shareholders
full articleOther stocks performed similarly like SOLF and CSIQ.
Even after the recent Crude Oil correction, solar stocks continues to go higher beating new historical highs.
Look here for more updates tomorrow.
Labels: CSIQ, SOLF
