Showing posts with label German Solar Stocks. Show all posts
Showing posts with label German Solar Stocks. Show all posts

Monday, May 11, 2009

Yingli Green Energy (NYSE: YGE ) Becomes the First China-Based Company to Join PV CYCLE

Yingli Green Energy Becomes the First China-Based Company to Join PV CYCLE

BAODING, China, May 11 2009 -Yingli Green Energy Holding Company Limited (NYSE: YGE ), one of the world's leading vertically integrated photovoltaic (''PV'') product manufacturers, today announced that it has become the first China-based company and the 40th member to join PV CYCLE, an organization based in Brussels, Belgium that promotes voluntary take-back and recycling of end-of-life PV modules. As a member, Yingli Green Energy will participate in PV CYCLE working groups whose aim is to define collection and recycling targets for the PV industry, develop voluntary agreements among members and hone PV CYCLE's business model and outreach strategy.

''As one of the world's leading vertically integrated photovoltaic product manufacturers, Yingli Green Energy is committed to helping lead the search for a truly sustainable energy solution to reduce life-cycle energy consumption and the environmental impacts associated with PV production. Our membership to PV CYCLE will substantiate our commitment to customers, authorities and stakeholders, while allowing us to join a global team of industry leaders that are similarly committed to preventing climate change tomorrow,'' said Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy.

''We are honored that Yingli Green Energy has become the first China-based PV manufacturer to join our organization. We hope Yingli Green Energy's commitment to reducing the environmental impact of PV production will encourage other Asian manufacturers to take steps towards developing a sustainable PV solar industry,'' said Jan Clyncke, Managing Director of PV CYCLE. ''PV modules are designed to generate clean, renewable energy that can last for more than 25 years. The first significant installations took place in the early 1990s, and full-scale end-of-life recycling is still another 10 to 15 years away. It is with this in mind that we aim to bring industry leaders together to devise solutions that will have the maximum impact when the time comes.''

The PV CYCLE membership, which began on April 29, 2009, represents another step forward in Yingli Green Energy's commitment to developing sustainable energy solutions throughout all stages of the PV value chain. In addition to module recycling, Yingli Green Energy has also developed award-winning water treatment procedures which have received ISO 14000 and 14001 certification.

About Yingli Green Energy

Yingli Green Energy Holding Company Limited is one of the world's leading vertically integrated PV product manufacturers. Through Baoding Tianwei Yingli New Energy Resources Co., Ltd., an operating subsidiary of the Company, Yingli Green Energy designs, manufactures and sells PV modules and designs, assembles, sells and installs PV systems that are connected to an electricity transmission grid or operate on a stand-alone basis. With 400 MW of total annual production capacity in each of polysilicon ingots and wafers, PV cells and PV modules, Yingli Green Energy is currently one of the largest manufacturers of PV products in the world as measured by annual production capacity. Additionally, Yingli Green Energy is one of a limited number of large-scale PV companies in the world to have adopted a vertically integrated business model. Through its wholly owned subsidiary, Yingli Energy (China) Co., Ltd., Yingli Green Energy currently plans to expand annual production capacity of polysilicon ingots and wafers, PV cells and PV modules to 600 MW in the third quarter of 2009. The Company, through Fine Silicon Co., Ltd., its wholly owned subsidiary, also plans to begin production of solar-grade polysilicon in the second half of 2009. Yingli Green Energy sells PV modules under its own brand name, Yingli Solar, to PV system integrators and distributors located in various markets around the world, including Germany, Spain, Italy, South Korea, Belgium, France, China and the United States. For more information, please visit http://www.yinglisolar.com .

About PV CYCLE

PV CYCLE was founded in 2007 with the specific purpose of implementing the photovoltaic industry's commitment to set up a voluntary take-back and recycling program for end-of-life waste PV modules. To produce green and renewable energy, end-of-life modules need to be recovered and recycled. This will minimize waste and allow the re-use of valuable raw materials to produce new modules. The members of PV CYCLE are in the final stages of developing the scheme and aim to present it to the European Commission by spring 2009 for formal acknowledgement. By closing the life cycle of photovoltaic modules, industry players take their responsibility and are ''Making the photovoltaic industry Double Green.''

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute ''forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as ''will,'' ''expects,'' ''anticipates,'' ''future,'' ''intends,'' ''plans,'' ''believes,'' ''estimates'' and similar statements. Such statements are based upon management's current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond Yingli Green Energy's control, which may cause Yingli Green Energy's actual results, performance or achievements to differ materially from those in the forward- looking statements. Further information regarding these and other risks, uncertainties or factors is included in Yingli Green Energy's filings with the U.S. Securities and Exchange Commission. Yingli Green Energy does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

For further information, please contact:

In Europe: Stuart Brannigan Managing Director Yingli Green Energy Europe GmbH Tel: +49-89-5403034-12 Email: sbrannigan@yinglisolar.com


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Wednesday, April 22, 2009

Renewablenergystocks.com Earth Day Solar Innovation Series with J. Peter Lynch; Announcing Today- Solar Energy is FREE !!!!!!!!!

Renewablenergystocks.com Earth Day Solar Innovation Series with J. Peter Lynch; Announcing Today- Solar Energy is FREE !!!!!!!!!


Point Roberts, South Salem, New York- April 22, 2009- Investorideas.com and its leading green investor portal, Renewableenergystocks.com announce the second edition of the new solar innovation series within “Renewable and Solar Energy Perspectives” with J. Peter Lynch. Just in time for Earth Day, Mr. Lynch tells solar investors and consumers what they want to hear about solar innovation.

Announcing Today: Solar Energy is FREE !!!!!!!!!
J. Peter Lynch
Read More Peter Lynch Solar Commentary: http://www.renewableenergystocks.com/PL/
Subscribe to the Peter Lynch solar RSS feed: http://www.investorideas.com/RSS/feeds/PL.xml
Exclusively for www.InvestorIdeas.com and www.Renewableenergystocks.com

The second in our “Solar Innovation Series” is a creative financial innovation that could sweep the nation and literally make SOLAR ENERGY for all practical purposes FREE to the average homeowner. It does NOT need a string of technical breakthroughs or new scientific discoveries all it needed is a little bit of financial innovation – simple as that.
If making money by investing in energy efficiency improvements and solar systems for our homes is so obviously needed and is also a good investment. Why do so few of us move forward and do it?
Well, that answer is very simple. It cost too much since ALL the payment is UP FRONT. Think about it, if we all had to buy our homes and cars with CASH up front how many of us would do it? Buying power from your local electric utility is a simple, pay-as-you-go service. Solar, on the other hand, requires tens of thousands of dollars up front and a long-term commitment to see a return on investment.
How about making SOLAR, pay-as-you-go-too? What if you could get some benefits right away and also not have to pay for 20+ years of power up front? Well, the City of Berkeley, California is now pioneering what many experts believe may be just such a solution: Berkeley FIRST. Berkeley launched the program in November 2008. The initial pool of funding was made available to property owners and sold out in less than ten minutes.

full article -
http://www.renewableenergystocks.com/PL/news/042209a.asp



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Wednesday, April 15, 2009

Despite credit crunch, the solar photovoltaic industry is more than ever ready for further growth

Despite credit crunch, the solar photovoltaic industry is more than ever ready for further growth

Brussels, 15 April 2009
Speakers at EPIA’s 3rd International Conference on Solar Photovoltaic Investments confirmed that, like all industries, the solar photovoltaic (PV) sector has not been spared by the credit crunch. Medium to large scale PV plants are taking longer to be financed than ever before. They also stressed that the fundamentals of the PV sector remain intact, if not better than before, considering the price decrease of PV modules between 10 % and 20% since the beginning of 2009.

Lack of finance availability temporary slows down activities

Given the current world uncertainties, all banks have strongly reduced their credit loans and the solar PV sector has not escaped the trend. Project financing thus appears as a challenge for the industry. While it required around 4 weeks to obtain debt financing in 2008, today it takes 8 to 10 weeks, on average.
The perceived risk is higher, so that fewer banks are engaged and they prefer smaller projects (less than 50 million euros). If the situation differs in all countries, PV pricing remains crucial. Companies being able to reduce their prices and technology leaders should be the most successful. Experts also confirm that high-quality PV projects meeting all legal requirements, from the planning to the operating phase, will be financed.
“Financing is possible, but you need to be realistic” states Christian T. Junior from Commerzbank. Investors are very selective due to the low finance availability, but they still see PV as a fantastic sector to invest in, both in PV projects and PV companies. Utilities such as EWE also underline the huge potential PV represents for them and their willingness to engage more.

A reliable, calculable and low-risk investment

Given the government support programmes (mainly Feed-in Tariffs) providing investor security in the long-term and warranties from module manufacturers, solar PV represents a low-risk investment. PV is a proven technology with a module lifetime of 25 to 40 years whereas the economic payback time of the investment is generally between 8 to 12 years.
PV is a secure, reliable and calculable investment over the years. With PV, we know how much energy we produce for at least 25 years, we know how much we receive from the Feed-in Tariff, so that we can forecast our revenues over 20-25 years. “Investing in a PV system is like buying a car with a tank which is always full” said Hubert Aulich from PV Crystalox Solar.

PV modules back on the learning curve

Due to the polysilicon shortage, PV has been above its historical learning curve[1] over the last 3-4 years. Seeing a major increase in polysilicon production, average polysilicon prices have decreased significantly and are driving general costs down for silicon-based technologies.

In addition, the industry unanimously recognised the module oversupply situation in today’s PV market. As a result, module prices have dropped by 10% to 20% since the beginning of the year and this is very good news for the PV sector in general. We can consider that “PV technology is now back on its learning curve”, said Dr. Winfried Hoffmann, EPIA President.

A strong commitment from the industry

The PV industry hopes finance availability will improve in the coming months. In any case, PV fundamentals remain strong and the industry is committed to accelerating price decrease and expects further penetration of the existing PV markets and an accelerated market development in new and emerging PV markets. In this context, the European PV industry has unanimously agreed that photovoltaic energy could provide up to 12% of European electricity demand by 2020 and is strongly committed to becoming a significant energy supplier in Europe.
“Through this commitment and under the right framework conditions, we are able to reduce PV generation costs by 8% every year. This represents a decrease of 50% every 8 years - a sexy promise for investors” concludes Hoffmann.


Organised in partnership with the Deutsche Börse Group, this 2-day conference gathered together investors and potential business partners in the financial city of Frankfurt on 7-8 April 2009. The event also provided great networking opportunities.
Presentations are available at: http://www.pvinvestmentconference.org/index.php?id=18



Note to editors

With more than 200 Members drawn from across the entire solar electricity sector, the European Photovoltaic Industry Association is the world’s largest photovoltaic industry association and represents about 95% of the European photovoltaic industry. EPIA members are present throughout the whole value-chain: from silicon, cells and module production to systems development. EPIA’s mission is to deliver a distinct and valuable service driven from the strength of a single photovoltaic voice.

For more information:

Sophie Lenoir - Media Relations. Tel: +32 (0)2 400 10 54. E-mail: s.lenoir@epia.org
[1] Price of photovoltaics is reduced by 20% each time there is a doubling of the cumulative installed capacity.







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Tuesday, March 10, 2009

SCHOTT Solar AG confirms figures for fiscal 2008 and continues its expansion

SCHOTT Solar AG confirms figures for fiscal 2008 and continues its expansion

• Anniversary year closed with record result
• Production capacity expanded significantly in both divisions
• Business remains stable in first quarter of current fiscal year


March 10, 2009 (Mainz, Germany) – SCHOTT Solar AG closed the fiscal year 2007/08 with the best result in the company’s history. During its 50th anniversary year, the company clearly improved all relevant financial figures and significantly expanded the production capacity in the Concentrated Solar Power (CSP) segment and the Photovoltaics (PV) segment. For the first quarter of the current fiscal year, SCHOTT Solar AG has reported stable business and the start-up of additional production lines.

"We are highly satisfied with the past fiscal year, as we have reached important milestones of our ambitious expansion plans in both segments, while at the same time achieving a sustainable increase in profitability," said Chief Executive Officer Dr. Martin Heming.

In the fiscal year 2007/2008 (1 October 2007 to 30 September 2008), SCHOTT Solar AG reported an impressive 70% increase in sales to EUR 482 million (previous year: EUR 283 million*). At the same time, earnings before interest and taxes (EBIT) improved noticeably to EUR 52 million (previous year: EUR 9 million*). The production capacity of both segments was expanded as planned in the past fiscal year. The capacity of the Photovoltaics segment increased to 205 MW for modules (previous year: 93 MW), while the capacity of the Concentrated Solar Power segment was expanded to 400 MWel (previous year: 200 MWel). The company invested EUR 141 million in property, plant and equipment and intangible assets (previous year: EUR 88 million). As at 30 September 2008, the company employed 1,650 people worldwide (previous year: 1,037 people).
SCHOTT Solar AG envisages to boost production capacity further through the start-up and ramp up of additional production lines in both segments by the end of the fiscal year. The capacity of the Photovoltaics segment is scheduled to reach a total of 360 MW, with 1 GWel planned for the Concentrated Solar Power segment.
Based on the first-quarter results, SCHOTT Solar AG projects strong sales and earnings growth for fiscal 2008/2009. In the past weeks, however, the industry environment has become increasingly challenging and it is difficult to project the overall performance of the solar industry in 2009 not least due to the financial and economic crisis.
* The comparative FY 2006/2007 figures reflect a restatement of SCHOTT Solar AG’s profit and loss account, balance sheet and cash flow statement to the effect that SCHOTT Solar CSP GmbH is shown as a SCHOTT Solar AG subsidiary already as from the beginning of FY 2006/2007 instead of the actual economic effect from 1 October 2007. The Concentrated Solar Power division operated through SCHOTT Solar CSP GmbH and its Spanish subsidiary became part of SCHOTT Solar only in the FY 2007/2008, namely with economic effect from 1 October 2007.
* * * *
Number of characters: 2,487 incl. spaces
More information on the Internet under www.schottsolar.de
Press pictures can be downloaded at www.schott-pictures.net

SCHOTT Solar’s high quality products exploit the virtually inexhaustible potential of the sun as a renewable source of energy. For this purpose SCHOTT Solar produces important components for photovoltaic applications and solar energy plants with parabolic trough technology. In the photovoltaic industry, the company is one of the few integrated manufacturers of crystalline silicon wafers, solar cells and photovoltaic modules. Wafer production is mainly carried out through a WACKER SCHOTT Solar joint venture, which ensures the supply of silicon necessary for long-term growth. Thanks to over 20 years of experience in thin-film technology, SCHOTT Solar also regards itself as one of the industry’s cutting-edge companies. In receiver production for solar power plants with parabolic trough technology, SCHOTT Solar considers itself to be the market and technology leader. The receivers are key components in large-scale power plants that generate electricity from solar energy centrally on the basis of parabolic trough technology and can supply entire cities with power. SCHOTT Solar has production facilities in Germany, the Czech Republic, the USA and Spain. SCHOTT Solar’s innovative power and technological expertise date back to the late 1950s. SCHOTT Solar AG is a wholly owned subsidiary of the international SCHOTT technology group. SCHOTT develops special materials, components and systems for the household appliance, pharmaceutical, solar energy, electronics, optical and automotive industries. With around 17,300 employees, the SCHOTT Group generated a worldwide turnover of EUR 2.2 billion in fiscal year 2007/2008.
Contact:
SCHOTT Solar AG SCHOTT Solar AG
Lars Waldmann Burkhard Söhngen
Press and Public Relations Investor Relations
Tel: +49 (0)6023 - 91 1811 Tel: +49 (0)6023 – 91 1819
Fax: +49 (0)6023 - 91 1700 Fax: +49 (0)6023 - 91 1700
lars.waldmann@schottsolar.com burkhard.soehngen@schottsolar.com
www.schottsolar.de www.schottsolar.de






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Wednesday, January 28, 2009

Renewable Energy Stocks Sector Close-Up; Investors See Green in North American Stocks as well as German Solar Stocks

Renewable Energy Stocks Sector Close-Up; Investors See Green in North American Stocks as well as German Solar Stocks


POINT ROBERTS, WA —January 28, 2009 - www.RenewableEnergyStocks.com,
a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close-up on renewable energy stocks trading as of January 27th, 2009.

Sector Close-Up as of Trading Close January 27, 2009:

Akeena Solar Inc. (NASDAQ:AKNS) closed down on the day, but up in after market hours.
Archer-Daniels-Midland Co. (NYSE:ADM) had gains of $0.29.
Canadian Solar Inc. (NasdaqGM: CSIQ) increased $0.12 (2.30%).
Carbon Sciences, Inc. (OTCBB: CABN) closed unchanged on the day.
China Technology Development (NASDAQ: CTDC) closed up $ 0.05 (2.24 %),
Clean Energy Fuels Corp. (NASDAQ:CLNE) closed down $0.02 but up in after hours trading.
Energy Conversion Devices, Inc. (NasdaqNM: ENER) was up $ 0.71 (2.86%) and continued gains in after hours trading.
Evergreen Solar Inc (NASDAQ:ESLR) closed up $0.09 (4.25%).
First Solar, Inc. (NASDAQ: FSLR) had gains of $2.03.
GWS TECHNOLOGIES INC (OTCBB: GWSC) closed down at $0.26.
ICP Solar Technologies Inc. (OTCBB: ICPR) traded up $ 0.02 (15.03%).
Mantra Venture Group Ltd. (OTCBB: MVTG) closed at $0.359.
OriginOil, Inc (OTCBB: OOIL) closed up $0.01 (2.78%).
SunPower Corporation (NasdaqGS: SPWRA) had gains of $0.75 (2.60%).
Suntech Power Holdings Co. Ltd. (NYSE: STP) moved up $0.55 (6.21%).
Sustainable Energy Technologies Ltd (TSX.V: STG) closed unchanged.
Westport Innovations Inc. (WPT.TO) was up $ 0.03 (0.45%)
Yingli Green Energy (NYSE: YGE) closed up $0.06 (1.14%) and another $0.12 (2.25%) after hours.
XsunX Inc. (OTCBB: XSNXE) closed at $0.175.

German solar stocks saw gains with: Phoenix Solar AG (PS4 GY) up 11%,
Q-Cells SE (QCE GY) up 4.3 percent to 19.93 euro and Solarworld AG (SWV GY) gaining 7.3 % 16.27 euros.

Investor Ideas solar expert J. Peter Lynch noted, “German solar stocks showed some life yesterday after two of the strongest German PV companies Q-Cells and Solarworld confirmed strong outlooks for 2009. Both companies are close to giving technical buy signals, especially Solarworld, which is close to breaking through upside resistance. I consider both of these companies to be the leaders of the German PV industry group.”

Read Renewable and Solar Energy Perspectives with J. Peter Lynch http://www.renewableenergystocks.com/PL/

For investors following solar stocks, the RenewableEnergyStocks.com website provides a comprehensive list of photovoltaic and solar stocks to research.
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp

Featured Showcase Renewable Energy Stocks:

XsunX Inc.: (OTCBB: XSNX)
Recent News: XsunX Announces Sales Contract to Supply 4 Megawatts of its ASI-120 Thin Film Solar Modules
Based in Aliso Viejo, Calif., XsunX is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. To deliver its products the Company has begun to build a multi- megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, it plans to grow manufacturing capacities to over 100 megawatts by 2010. More info on XsunX, Inc. can be found on our media profile at: http://www.investorideas.com/co/xsnx/default.asp or http://www.xsunx.com/

OriginOil, Inc: (OTCBB: OOIL)
Watch video: CEO Riggs Eckelberry discusses algae as a reliable source for biofuel production and its future under a new administration. “This is the beginning of a new industry for investors he comments.”
http://www.emergingcompany.com/volume13week3f.htm

OriginOil, Inc. is developing a breakthrough technology that will transform algae, the most promising source of renewable oil, into a true competitor to petroleum. Much of the world's oil and gas is made up of ancient algae deposits. Today, our technology will produce "new oil" from algae, through a cost-effective, high-speed manufacturing process. This endless supply of new oil can be used for many products such as diesel, gasoline, jet fuel, plastics and solvents without the global warming effects of petroleum. Other oil producing feedstock such as corn and sugarcane often destroy vital farmlands and rainforests, disrupt global food supplies and create new environmental problems. Our unique technology, based on algae, is targeted at fundamentally changing our source of oil without disrupting the environment or food supplies. http://www.investorideas.com/CO/OOIL/Default.asp and www.originoil.com.

Carbon Sciences, Inc. (OTCBB: CABN)
Recent news: Carbon Sciences Readies for Growth as Obama Inauguration Marks Dramatic Shift in U.S. Policy and Federal Support for Renewable Energy
Carbon Sciences, Inc. is developing a breakthrough technology to transform carbon dioxide (CO2) emissions into the basic fuel building blocks required to produce gasoline, diesel fuel, jet fuel and other portable fuels. Innovating at the intersection of chemical engineering and bio-engineering disciplines, we are developing a highly scalable biocatalytic process to meet the fuel needs of the world. Company Showcase Profile page: http://www.investorideas.com/co/cabn/ and http://www.carbonsciences.com/

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Renewable Energy Stocks Directory:
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Source: RenewableEnergyStocks.com, XsunX, OriginOil, Inc, Carbon Sciences, Inc