Archive for October 7th, 2008

Solyndra Solar Superstar

besides Nanosolar, another ”’game changer”” in the solar space!!!
For flat commercial rooftops this is game-changing technology,” said Manfred Bachler, chief technical officer at European solar installation giant Phoenix Solar, in a statement.

Solyndra’s target is the 30 billion square feet of flat roofspace found on big box stores and other buildings in the U.S., according to Navigant Consulting – a potential $650 billion solar market. The emerging business model is for a solar developer to finance, install and operate a commercial solar array and then sell the electricity to the rooftop owner. Solyndra’s business is to supply the solar panels to the installers, a market crowded with competitors like SunPower (SPWRA) and Suntech (STP).

A good chunk of the $600 million the company has raised has gone toward building its 300,000-square-foot solar fab. A video Gronet and Truman played for me shows a highly automated factory, with robotic assembly lines and robot carts moving the solar modules through the production process.

The fab – which can produce 110 megawatts’ worth of solar cells a year – already is shipping panels to big customers like Solar Power in the U.S. and Germany’s Phoenix Solar – three-quarters of its $1.2 billion in orders are destined for European companies

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  • China is going to go off the charts in 2012 in Wind Energy.
    Between 2007 and 2012, the Chinese wind industry is expected to grow even faster, from 5,912 MW to 51,200 MW. That comes out to a surging 54% CAGR in for the next five short years. Check it out:

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  • Today, Oct. 7th, the renewables hit a new 52 week low as Goldman Sachs downgraded First Solar and Sunpower dragging every solar into the toilet. After the toilet (dow jones) was flushed , most renewables hit bottom and right about now, are at new 52 week lows.
    China STP down 25% today, Yingli (YGE) down 24%, Trina down big………..First Solar down 20%, STP down 25%………yep, being GREEN is turning me RED!!!!
    PBW down another 10% today and FAN (the Wind ETF)down another 10% to new 52 week lows. Do I detect a TREND here my Windy Friends?????? If Obama gets elected , I am going 100% ALL IN into renewables and Wind.!!! If McCain wins, well, green will continue around to the bottom of the toilet!

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  • New Jersey selected a joint venture between state utility Public Service Enterprise Group (NYSE: PEG) and privately held Deepwater Wind to develop a 345-megawatt wind farm off the state’s coastline, about 16 miles southeast of Atlantic City. The project is part of New Jersey’s ambitious plan to develop 1,000 megawatts of capacity by 2012, and then to increase that to 3,000 megawatts by 2020, providing 13% of the state’s energy needs.

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