Why did APWR aquire some solar company named Eva_Tech and why has the stock price fallen 30% in five days ??? The answers will be coming ………

EVATECH, founded in March, 1987, is an enterprise focusing on R & D and manufacture of amorphous silicon thin-film solar cell equipments, with its main products as amorphous silicon thin-film solar cell manufacturing equipments and its entire production line; flat-panel display related manufacturing equipments and its entire production line.

Ever since its establishment, this enterprise has accumulated a business achievement of supplying for 46 companies in China. Being well-known for its high-level stability in production techniques, EVATECH is in possession of very strong capability to provide customized products and make sustainable technical improvements.

Keeping an eye on those countries with best technologies in new energy sector in the world, Liaoning High-tech has made an emphasis on its inputs in the high-end technology targeting for building up the top level R & D team with the best R & D equipments. By making advantage of its low domestic production cost and strong Japanese R & D ability, LNHT will form a sharp competitive edge in the world wide range.

For this acquisition of EVATECH, the various levels of local governments such as Liaoning Provincial Government, Shenyang Municipal Government, Shenyang Communist Party Committee, Shenyang Economy Committee and People’s Government of Hunnan New District have given their strong support both in policy and in coordination. In addition to the policy support, they also agreed to grant subsidies. Meanwhile during the whole process of this acquisition, leaders at all levels have presided guidance and paid their cares by helping solve difficulties and putting relevant policies into effect

China attaches a high importance to new energy development, especially to the technology of amorphous silicon thin film solar cell. At present, this technology has entered into its maturity stage in some developed countries of the world. Under the same conditions, it possesses various kinds of advantages such as large power-generation capacity, cheap price, good performance at high temperature, short energy recovery period, and etc. This technology foresees a very broad application arena for civil use e.g. building integrated photovoltaic (BIPV), large scale & low cost power plants, solar lighting, and etc.

The acquisition of Japan EVATECH by Liaoning Hi-Tech Energy Group will have a profound impact not only on the economic development of Shenyang city but Liaoning Province as well. By this symbolic step made in the solar energy industry, it will drive the regional economic development and lead to further expansion of the new energy application.

April 27 (Bloomberg) — Billionaire Ted Turner says clean- energy technology is “the greatest business opportunity that the world has ever seen,” reminding him of cable television back when he founded CNN.

“The more windmills there are, the better, and the more solar panels,” Turner said in an interview. “The field is wide open. This is a startup, like cable TV was 40 years ago.”

Turner, the former vice chairman of Time Warner Inc., is the 376th richest person in the world, with an estimated net worth of $1.9 billion, according to Forbes magazine. It has also called him the largest individual landholder in the U.S.

“I’m putting my money where my mouth is and I’ve made a multimillion investment in solar power,” Turner, 70, said in the interview in Washington on April 24. “I’m looking to make an investment in wind power as well.”

Turner said he has a “multimillion-dollar” stake in First Solar Inc., the world’s largest maker of thin-film solar power modules. In 2007, Turner sold DT Solar, a commercial solar- project installer, to First Solar for $34 million.

Lisa Morse, a spokeswoman for Tempe, Arizona-based First Solar, wasn’t available for comment. Phillip Evans, a spokesman for Turner, didn’t respond to an e-mail request for information about his holdings.

First Solar rose $4.54, or 3 percent, to $152 at 4 p.m. New York time in Nasdaq Stock Market composite trading and has climbed 10 percent this year.

Solar Analysis

Turner said he may expand his solar investments. If he enters the wind business as well, he said that wouldn’t put him in competition with his friend T. Boone Pickens, chief executive officer of BP Capital LLC, because the field is so open.

Turner also has given money to George Washington University in Washington to support a new Institute for Analysis of Solar Energy. Barbara Tesner, assistant vice president of development for the university, declined to specify how much Turner donated.

Turner said “one big question mark” hanging over the alternative-energy industry is the climate change legislation Congress is currently working on.

“One reason we created this institute, they’re going to have, as I understand it, a government relations component, and we’re going to lobby for a strong energy bill that encourages the development of clean, renewable energy,” said Turner.

“It’s absolutely imperative that we immediately, as fast as we humanly can, within 10 years, phase out major fossil fuel sources and change them over to clean renewable energy,” he said.

Turner founded the Cable News Network in 1980. He is chairman of Turner Enterprises Inc., a closely held company based in Atlanta that manages his investments and land holdings, including more than 2 million acres in the U.S. and Argentina.

To contact the reporter on this story: Tina Seeley in Washington at tseeley@bloomberg.net.

Ont. government signs $7 billion wind power deal with Samsung

The Ontario government has signed a $7 billion wind and solar power deal with a consortium led by South Korean industrial giant Samsung Group, in a move to fast-track the creation of North America’s first green-energy manufacturing sector.

The deal is part of Ontario Premier Dalton McGuinty’s plan to make the province – hit hard by job losses related to the troubled auto sector – a popular choice for parts suppliers, equipment designers and operators.

At the centre of the project is an investment in wind and solar electricity sufficient to be able to power more than 580,000 homes in the province, the government said in a press release.

“We’re trying to lay the foundation here for new economic growth in Ontario,” McGuinty said. “[Samsung] can do something rather extraordinary here, which is put in place almost immediately critical mass of manufacturing capacity.”

According to the government, the deal will cost every electricity customer in the province an extra $1.60 a year on their bill for 25 years.

Samsung will receive $437 million in incentive payments over the 25-year life of the deal if it fulfills its obligation to create 16,000 jobs. This will be done, in part, by having Samsung entice green energy companies to the province; this is the incentive that will add the $1.60 to consumers’ electricity bills.