Solar energy articles


Evolution Solar and Solar-Nomics Cement Construction Are Joining Hands
Written by Jimmy Eriksson   
Sunday, 21 November 2010 00:30

Evolution Solar, a distributer of US-focused alternative energy technology and Solar-Nomics, a solar power company have planned to build solar energy projects jointly in the United States as well as non-domestic countries.

The two companies had started negotiating in the month of October. These negotiations that were being pursued even since have finally bee cemented into an alliance. The partnership agreement has recently been signed by both of them.

Robert Hines, the president of Evolution Solar, declared that the partnership with Solar-Nomics will considerably grow its market position.

Hines stated that their alliance with Solar-Nomics will radically increase the quantity and scope of energy projects that Evolution Solar is going to have the opportunity to undertake.

According to the agreement that has been signed, Solar-Nomics will help Evolution Solar by providing appropriate facilities. It will also help in the construction of global solar energy projects. Solar-Nomics is going do this partly through the participation of students from its associated solar training programme.

Consistent with what the CEO of Solar-Nomics, Malcolm Burleson, said, the alliance between these two companies will give Solar-Nomics the chance to provide a more complete service along with added value to solar clients.

He furthermore declared that it will allow them to put in place an entire 360-degree value proposition for their clients. He added that they are quite excited regarding the new opportunities that will develop.

Evolution Solar will offer solar panels with high efficiency for a number of joint projects at lower prices in order to execute its part of the partnership agreement.

Solar-Nomics distribute solar photovoltaics and generates thermal energy for commercial purposes and government bodies on a worldwide basis.

Source: New Energy World Network


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Philip Ditchfields innovation the 100 Solar Project
Written by Lucy Siegle   
Sunday, 21 November 2010 00:05

The pharmaceutical-firm worker who has made a roaring success of getting his local community to go solar

Philip Ditchfield was by day a procurement expert for a pharmaceutical firm and by night harboured green tendencies. After watching The Age of Stupid he tired of hearing excuses such as: "There's no point doing anything because China's emissions are growing." By March 2010 he found himself persuading inhabitants of Marlow, Buckinghamshire, to become part of his 100 Solar Project, a community renewables buying group. To date, 185 households have registered, and 30 Marlow families now generate electricity through photovoltaic and solar thermal cells. "We've had calls from all over the country," he says. "I hope people outside of our seven-mile radius around Marlow will start their own scheme."

To this end he's compiled a best-practice document at transitionmarlow.org. He analysed 10 renewable energy companies using his procurement expertise before settling on freesource.co.uk. "We have enough homes to leverage a 12% discount, so everyone got a rebate after six months. But I'm still aiming for 100 homes, which would mean a rebate of 20%." This could "save 80,000kg of CO2 each year. Imagine if every town across the UK did that!"

But for now he is focused on Marlow becoming a destination where visitors notice a "disproportionate amount of solar". Naturally his house is a shining example. The family is the proud owner of nine Mitsubishi solar PV panels and two solar thermal panels for hot water. "I was offered free installation from installers as a perk of setting this up," he admits, "and as it cost £15,000, I'm sure my wife wishes we'd taken them up on it – but the purpose of a community buying group like this is being on the same terms, so I'm waiting for my rebate cheques, too…"


Email Lucy at This e-mail address is being protected from spambots. You need JavaScript enabled to view it or visit guardian.co.uk/profile/lucysiegle for all her articles in one place


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Irelands adversity may be an opportunity to foster new technologies
Written by Renewable Power   
Sunday, 21 November 2010 00:03

Our panel of economists share their insights into how Ireland might resurrect its stricken economy

How can the Irish economy re-invent itself? We asked a selection of economists for their thoughts on untapped strengths that Ireland could exploit once the present crisis is over.

Fergal O'Brien
Chief economist, Irish Business and Employers' Confederation

The construction industry has shrunk by two thirds and it's never going back to what it was. But we're seeing real innovation coming out of that ? from architects, engineers and consultants. We've got so many global companies with a base here. Google employs 10% of its global workforce in Dublin. We've got eight of the world's top 10 IT companies, top pharmaceuticals companies and medical devices companies. And they're all in close proximity to each other. There's a real opportunity for convergent technologies between people coming out of those hi-tech companies and those new entrepreneurs from the construction industry in web-based technologies and in innovative design.

Paul Sweeney
Economic adviser, Irish Congress of Trade Unions

Anything to do with cows, sheep, milk and grazing can do well in Ireland. At the moment, the farmers here are all great subsidy junkies. But once the Common Agricultural Policy is reformed, Ireland could have a very considerable advantage in agriculture over its European neighbours. A lot of other countries have to feed their animals with artificial produce in the winter. But we have a very temperate winter and the grass grows very fast. With the rise of organic food, people are really concentrating on what they eat. They're prepared to pay more for good quality food. Ireland can be a leader in food produced by grazing animals.

Sinéad Pentony
Head of policy at Dublin thinktank TASC

Ireland has huge capacity in terms of renewable energy, particularly in wind and wave. Because of our location on the periphery of Europe, we're the first land to be hit by those winds off the Atlantic. We could be a net exporter of energy. But instead, we're one of the countries in the European Union, most reliant on non-renewable energy. There's some investment in sustainable energy. But it's nothing like sufficient. There needs to be multiples of what's happening now for us to be a significant player.

Constantin Gurdgiev
Economist, Trinity College Dublin

We should be aiming for skills-intensive and innovative policies. We should have a flat income tax of about 20% and targeted public expenditure, with public spending similar to Switzerland at about 40% of GDP. There should be dramatic reforms of Ireland's immigration policies to attract high-quality human capital and entrepreneurs.

Ireland should look aggressively at partnerships with rapidly growing economies. The Chinese are engaged in rolling out early stage tests for mass-produced electric vehicles. What Ireland should be doing is going to China and saying 'let us be your partner in Europe'. We can make their electric vehicles here and be their platform for growth into the rest of Europe.

John Fitzgerald
Research professor, Economic and Social Research Institute

Our export model doesn't look as if it's broken. It's the domestic economy, especially construction, where the problem arises. But when this fiscal adjustment is over, the base is still there for the economy to grow. The areas in which Ireland is likely to increase its market share include pharmaceuticals, information technology and healthcare products. And in terms of international financial services, Ireland hasn't really been involved in dealing – we provide back office, IT, legal and administrative functions.

One question I've asked is what role did Irish music have in the Irish success story. Our cultural exports, bands like U2, are probably not trivial. People have heard of Ireland and are more inclined to do business here because they know something about Ireland, or at least they think they do.


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Solar plant proposed for Kendall County
Written by Renewable Power   
Saturday, 20 November 2010 23:47
In a dramatic shift from 2007, when landfills were proposed in this county rich with untapped land, a new idea, in a new industry, has now been pitched for a portion of unincorporated Kendall County. Two Illinois businessmen who are pairing as a joint venture are proposing what they say …
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Liquid Battery Could Harness and Store Solar Energy
Written by Renewable Power   
Saturday, 20 November 2010 15:31
It's an entirely new method for capturing and storing sunlight, and it has the potential to be indefinitely storable and transportable.
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Department of Energy Funding WebCore in Developing Core Materials for Wind Blades
Written by Jimmy Eriksson   
Friday, 19 November 2010 22:31

The U.S Department of Energy (DOE) has provided $1, 8 million to WebCore Technologies LLC. This fund is going to be used for the development of TYCOR® W core materials, which will be used wind turbine blades.

Under DOE’s small Business Phase III Xlerator program, WebCore Technology positioned at Miamisburg, Ohio. USA was awarded the fund. Xleration awards are offered to help especially small business to increase manufacturing production of technologies that have already been confirmed as effective. Thus the scheme can create new employment and new market opportunities.

WebCore is going to commercialise the development of TYCOR W. It is the core material that used for the production of turbine blades. The funds will be deployed to increase the capacity of Miamisburg manufacturing facility. It will also help to promote further development and improvement of TYCOR technology.

The TYCOR W technology is constituted of fibre reinforcement (E-glass rover or closed-cells having a small amount of foam in the design). The core material has already been patented for above 2 years for utility-scale wind turbine blades. Additional qualifications are provided to approve it for 1.5 to 3 MW wind turbines, which will have blades of the length between 40 and 60 meters.

The TYCOR W is roughly 1-inch thick. It has reported that the technology is 0.5 lb/ft2 lighter than conventional technology. This does also decrease the resin usage by around 0.2 lb/ft2 in comparison to the one using balsa wood as core material.

The company is also trying to maximise the production of TYCOR W sheet sizes, which will improve the kitting capacity by 10 percent.

Source: Renewable Energy Focus


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Solar naysayers
Written by Renewable Power   
Friday, 19 November 2010 20:55
Re: your Nov. 18 article on the T.O. city council approving solar panels: I find it hard to believe that there are residents of Conejo Valley (or anywhere) who question the technology of solar energy. I would invite the questioners to speak to anyone who has solar panels on their roof, as do I.
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Solar Thin Films Inc Enters Into Placement Agent Agreement
Written by Renewable Power   
Friday, 19 November 2010 19:42


NEW YORK, NY--(Marketwire - November 19, 2010) - Solar Thin Films, Inc. (OTCBB: SLTZ) (the "Company"), today announced that it has entered into a placement agency agreement with Network 1 Financial Securities, Inc., a Broker Dealer and member of FINRA located in Red Bank, New Jersey, for the purpose of offering for sale in a private placement ("Offering"), a $3.5 million dollar convertible debenture. The proceeds will be used to develop, operate, and finance solar farm projects both domestically and internationally.
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Yingli Green Energy Reports Third Quarter 2010 Results
Written by Renewable Power   
Friday, 19 November 2010 19:22


BAODING, China, Nov. 19, 2010 /PRNewswire-Asia-FirstCall/ -- Yingli Green Energy Holding Company Limited (NYSE: YGE) (“Yingli Green Energy” or the “Company”), a leading solar energy company and one of the world’s largest vertically integrated photovoltaic manufacturers, which markets its products under the brand “Yingli Solar,” today announced its unaudited consolidated financial results for the third quarter ended September 30, 2010.

Third Quarter 2010 Consolidated Financial Highlights

    * Total net revenues were RMB 3,284.2 million (US$490.9 million), and shipment increased by 25.2% quarter over quarter.
    * Gross profit was RMB 1,094.5 million (US$163.6 million), representing a gross margin of 33.3%.
    * Operating income was RMB 735.8 million (US$110.0 million), representing an operating margin of 22.4%.
    * Net income(1) was RMB 456.1 million (US$68.2 million) and diluted earnings per ordinary share and per American depositary share (“ADS”) was RMB 2.92 (US$0.44).
    * On an adjusted non-GAAP(2) basis, net income was RMB 556.6 million (US$83.2 million) and diluted earnings per ordinary share and per ADS was RMB 3.57 (US$0.53).


(1)  For convenience purposes, all references to “net income” in this press release, unless otherwise specified, represent “net income attributable to Yingli Green Energy” for all periods presented.

(2)  All non-GAAP measures exclude share-based compensation, non-cash interest expenses, additional accounting charge upon the previously announced conversion of Convertible Notes, and the amortization of intangible assets arising from purchase price allocation in connection with a series of acquisitions of equity interests in Baoding Tianwei Yingli New Energy Resources Co., Ltd. (“Tianwei Yingli”), an operating subsidiary of the Company. For further details on non-GAAP measures, please refer to the reconciliation table and a detailed discussion of the Company’s use of non-GAAP information set forth elsewhere in this press release.

“The third quarter was another exciting period for us with strong operating results,” said Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. “PV module shipment volume increased by 25.2% from the second quarter and gross margin was 33.3%, higher than our previous estimation in the range of 31 to 32%.”

“The demand for our ‘Yingli Solar’ modules continues to grow rapidly in the global market. Especially, we see robust demand momentum for the Yingli Solar Panda Module as a result of its higher performance compared with traditional modules with P-type cells. As of today, we have entered into sales contracts under which a total of 721 MW of PV modules are expected to be delivered in 2011, and this figure is expected to increase to 1,000 MW by the end of this year. ”

“Operationally, the newly added 400 MW vertically integrated production lines and our in-house polysilicon plant, Fine Silicon, have been running smoothly. In order to meet the growing market demand and the increasing interest in our products, we have recently launched a total of 700 MW of new capacity expansion projects, which are expected to start initial production in the middle of 2011 and increase our nameplate capacity to 1.7 GW in late 2011. To support the financing needs of the fast expansion, I’m delighted that, through one of our operating subsidiaries in China, we have become the first China-based solar company to have completed a successful registration of RMB 2.4 billion and issuance of RMB 1 billion medium-term notes on the PRC inter-bank debenture market.” Mr. Miao continued.

“We have always been committed to bringing state-of-the-art technology to our customers to drive down their balance-of-system cost. Our PANDA cell conversion efficiency has achieved 18.5% on the commercial production lines and we expect to increase the figure to 20% towards 2012. Currently, we have achieved a new record cell efficiency of 19.5% on PANDA trial production lines with third party verification from the Fraunhofer Institute for Solar Energy Systems ISE in Germany. Meanwhile the State Key Laboratory of PV Technology of China as previously announced started construction in the third quarter and is expected to start running at the end of 2011.”

“With our high-quality products, successful brand penetration, strong customer loyalties, powerful research and development capabilities and fast expanded capacity, we are confident in solidifying our leading position in the rapidly growing industry and further increasing our market shares.” Mr. Miao concluded.

Third Quarter 2010 Financial Results

Total Net Revenues

Total net revenues were RMB 3,284.2 million (US$490.9 million) in the third quarter of 2010, an increase of 21.7% from RMB 2,699.6 million in the second quarter of 2010 and 47.6% from RMB 2,225.2 million in the third quarter of 2009. The increase in total net revenues was primarily due to a 25.2% increase in PV module shipment quarter over quarter, mainly resulted from the robust market demand and broader recognition of our premium brand, supported by the expanded manufacturing capacity from the new 400 MW production lines.

Gross Profit and Gross Margin

Gross profit in the third quarter of 2010 was RMB 1,094.5 million (US$163.6 million), an increase of 20.9% from RMB 905.1 million in the second quarter of 2010 and 118.8% from RMB 500.3 million in the third quarter of 2009. Gross margin was 33.3% in the third quarter of 2010, compared to 33.5% in the second quarter of 2010 and 22.5% in the third quarter of 2009, primarily a result of the firm average selling price and our continuous cost reduction efforts.

Operating Expenses

Operating expenses in the third quarter of 2010 were RMB 358.7 million (US$53.6 million), compared to RMB 339.7 million in the second quarter of 2010 and RMB 257.5 million in the third quarter of 2009. The increase in operating expenses in this quarter was primarily attributable to the Company's expanded scale of operations. Operating expenses as a percentage of total net revenues were 10.9% in the third quarter of 2010, a decrease from 12.6% in the second quarter of 2010 and 11.6% in the third quarter of 2009. The decrease was primarily attributable to economies of scale and tighter cost controls.

Operating Income and Margin

As a result of the foregoing, operating income in the third quarter of 2010 was RMB 735.8 million (US$110.0 million), an increase of 30.1% from RMB 565.4 million in the second quarter of 2010 and 203.0% from RMB 242.8 million in the third quarter of 2009. Operating margin was 22.4% in the third quarter of 2010, an increase from 20.9% in the second quarter of 2010 and 10.9% in the third quarter of 2009.

Interest Expense

Interest expense was RMB 92.4 million (US$13.8 million) in the third quarter of 2010, compared to RMB 73.0 million in the second quarter of 2010 and RMB 100.6 million in the third quarter of 2009. The increase in interest expense from the second quarter of 2010 was consistent with the increase in long-term borrowings from RMB 1,501.1 million as of June 30, 2010 to RMB 2,997.0 million (US$447.9 million) as of September 30, 2010.

After excluding non-cash interest expense items, interest expense was RMB 70.9 million (US$10.6 million) in the third quarter of 2010, compared to RMB 57.7 million in the second quarter of 2010 and RMB 68.2 million in the third quarter of 2009. Excluding non-cash interest expenses, the weighted average interest rate for debt outstanding in the third quarter of 2010 was 5.6%, a decrease from 6.7% in the second quarter of 2010.

Additional Non-cash Accounting Charge upon Conversion of Convertible Notes

Additional non-cash accounting charge of RMB 50.9 million (US$7.6 million) was recognized in the third quarter of 2010 upon the conversion of US$26.2 million senior secured convertible notes due 2012 (the “Convertible Notes”) into ordinary shares of the Company by Trustbridge Partners II, L.P. This additional charge was a non-cash charge and did not impact the Company's cash flow. As previously announced, based on the conversion rate of 22,933 ordinary shares per US$100,000 in principal amount of the Convertible Notes, the Company would be required to issue an aggregate of 3,339,525 ordinary shares upon the conversion of the remaining outstanding principal amount of US$14.6 million of the Convertible Notes in the future. The relevant non-cash accounting charge will be amortized over the holding period of the remaining Convertible Notes, or expensed upon their conversion.

Foreign Currency Exchange Gain (Loss)

Foreign currency exchange gain was RMB 52.3 million (US$7.8 million) in the third quarter of 2010, compared to a foreign currency exchange loss of RMB 158.6 million in the second quarter of 2010 and a foreign currency exchange gain of RMB 71.8 million in the third quarter of 2009. The foreign currency exchange gain in this quarter was primarily due to the appreciation of the Euro against the Renminbi.

Income Tax Expense

Income tax expense was RMB 106.4 million (US$15.9 million) in the third quarter of 2010, compared to RMB 65.9 million in the second quarter of 2010 and RMB 31.0 million in the third quarter of 2009. The increase in income tax expense was primarily due to the net operating income generated by Tianwei Yingli and Yingli Energy (China) Company Limited in this quarter.

Net Income 

Net income was RMB 456.1 million (US$68.2 million) in the third quarter of 2010, an increase of 109.4% from RMB 217.8 million in the second quarter of 2010 and 277.5% from RMB 120.8 million in the third quarter of 2009. Diluted earnings per ordinary share and per ADS was RMB 2.92 (US$0.44) in the third quarter of 2010, an increase of 107.1% from RMB 1.41 in the second quarter of 2010 and 269.6% from RMB 0.79 in the third quarter of 2009.

On an adjusted non-GAAP basis, net income was RMB 556.6 million (US$83.2 million) in the third quarter of 2010, an increase of 113.2% from RMB 261.0 million in the second quarter of 2010 and 202.1% from RMB 184.2 million in the third quarter of 2009. Adjusted non-GAAP diluted earnings per ordinary share and per ADS were RMB 3.57 (US$0.53) in the third quarter of 2010, an increase of 111.2% from RMB 1.69 in the second quarter of 2010 and 197.5% from RMB 1.20 in the third quarter of 2009.

Balance Sheet Analysis

As of September 30, 2010, Yingli Green Energy had RMB 4,384.2 million (US$655.3 million) in cash, restricted cash and long-term restricted cash, an increase of 7.5% from RMB 4,079.4 million as of June 30, 2010. Working capital (current assets less current liabilities) was RMB 1,928.3 million (US$288.2 million) as of September 30, 2010, an increase of 216.1% from RMB 610.0 million as of June 30, 2010.

As of the date of this press release, the Company had approximately RMB 4,884 million in unutilized short lines of credit, and RMB 2,637 million committed long term facility that can be drawn down in the near future.

Business Outlook for Full Year 2010

Based on current market and operating conditions, estimated production capacity and forecasted customer demand, the Company raises its PV module shipment target to the estimated range of 1,020 MW to 1,040 MW from the previous estimated range of 950 MW to 1,000 MW for fiscal year 2010, which represents an increase of 94.2% to 98.0% compared to fiscal year 2009. The net revenue for full year 2010 is estimated to be in the range of US$1,780 million to US$1,810 million.

In addition, based on the strong gross margin performance in the first three quarters of 2010, the estimated ramp-up cost of Fine Silicon and the 400 MW of new production lines which started initial operation in July 2010, the expected average selling price of PV modules and forecasted exchange rates of the euro and U.S. dollar against the Renminbi, the Company further raises its gross margin target to the estimated range of 32.0% to 32.5% from the recently raised estimated range of 31% to 32% for fiscal year 2010.

Non-GAAP Financial Measures

To supplement the financial measures calculated in accordance with GAAP, this press release includes certain non-GAAP financial measures of adjusted net income and adjusted diluted earnings per ordinary share and per ADS, each of which is adjusted to exclude items related to share-based compensation, the non-cash interest expense, the additional accounting charge upon the previously announced conversion of Convertible Notes, and the amortization of intangible assets arising from purchase price allocation in connection with a series of acquisitions of equity interests in Tianwei Yingli. The Company believes excluding these items from its non-GAAP financial measures is useful for its management and investors to assess and analyze the Company’s core operating results as such items are not directly attributable to the underlying performance of the Company’s business operations and do not impact its cash earnings. The Company also believes these non-GAAP financial measures are important to help investors understand the Company’s current financial performance and future prospects and compare business trends among different reporting periods on a consistent basis. These non-GAAP financial measures should be considered in addition to financial measures presented in accordance with GAAP, but should not be considered as a substitute for, or superior to, financial measures presented in accordance with GAAP. For a reconciliation of each of these non-GAAP financial measures to the most directly comparable GAAP financial measure, please see the financial information included elsewhere in this press release.

Currency Conversion

Solely for the convenience of readers, certain Renminbi amounts have been translated into U.S. dollar amounts at the rate of RMB 6.6905 to US$1.00, the noon buying rate in New York for cable transfers of Renminbi per U.S. dollar as set forth in the H.10 weekly statistical release of the Federal Reserve Board as of September 30, 2010. No representation is intended to imply that the Renminbi amounts could have been, or could be, converted, realized or settled into U.S. dollar amounts at such rate, or at any other rate. The percentages stated in this press release are calculated based on Renminbi.

Conference Call

Yingli Green Energy will host a conference call and live webcast to discuss the results at 8:00 AM Eastern Standard Time (EST) on November 19, 2010, which corresponds to 9:00 PM Beijing/Hong Kong time the same day.

The dial-in details for the live conference call are as follows:
   

   -- U.S. Toll Free Number: +1-866-783-2140
   

   -- International dial-in number: +1-857-350-1599
   

-- Passcode: 16539009
   


A live and archived webcast of the conference call will be available on the Investors section of Yingli Green Energy's website at http://www.yinglisolar.com. A replay will be available shortly after the call on Yingli Green Energy's website for 90 days.

A replay of the conference call will be available until December 3, 2010 by dialing:
   

   -- U.S. Toll Free Number: +1-888-286-8010
   

   -- International dial-in number: +1-617-801-6888
   

-- Passcode: 45207870
   
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Southern California Edison Signs 21 Contracts Totaling More Than 250 Megawatts of Renewable Power
Written by Renewable Power   
Friday, 19 November 2010 18:30


ROSEMEAD, Calif.--(BUSINESS WIRE)--Southern California Edison (SCE) has signed 21 contracts for nearly 259 megawatts of power, enough to power more than 168,000 average homes.

Twenty of the contracts are for electricity produced by solar photovoltaic projects, and one is for 19.5 megawatts of wind power. The bulk of the agreements are with Silverado Power, a solar PV firm based in San Francisco, and those installations will be ground-mounted in Lancaster and Victorville.

The contracts are a result of SCE’s 2010 Renewables Standard Contracts Request for Offers, a voluntary renewable procurement program for small projects that SCE has held for several years.

“As the nation’s leading utility for renewables, it is with great pride that we partner with these independent producers to provide emission-free power to Southern Californians,” said Marc Ulrich, SCE’s vice president, Renewable and Alternative Power. “We view these agreements as a win for business, a win for our customers, and a win for the environment.”

The independent power producers are responsible for any necessary permitting and conducting environmental impact studies in accordance with local, state and federal jurisdictions. There will be minimal transmission upgrades to accommodate the projects.

It is expected that by the end of 2010, SCE will deliver between 19 and 20 percent of its power from renewable resources under California’s Renewables Portfolio Standard guidelines. In 2009, SCE delivered 13.6 billion kilowatt-hours of renewable energy – 17 percent of its customers’ total energy needs.

Since 2002, SCE has entered into 105 contracts that can generate up to 31.2 billion kilowatt-hours per year of renewable energy. SCE is the nation’s leading purchaser of solar power, and in 2009, procured approximately 79 percent of all U.S. solar energy, 51 percent of geothermal and 5 percent of wind generation for its customers. For more about SCE’s work in renewables, please visit www.sce.com/renewables.


CONTRACTS SIGNED BY SCE FOR 2010 RENEWABLES STANDARD CONTRACTS RFO
FIRM   COMPANY HQ   PROJECT   LOCATION   TECHNOLOGY   CAPACITY (MW AC)   EST. ONLINE
DATE
Amonix, Inc.   Seal Beach, Calif.   Blythe Solar Power Generation Station, 1 LLC   Blythe   Solar: PV   4 .7   6/2013
Amonix, Inc.   Seal Beach, Calif.   Garnet Solar Power Generation Station, 1 LLC   North Palm Springs   Solar: PV   4 .8   6/2013
Amonix, Inc.   Seal Beach, Calif.   Littlerock Solar Power Generation Station, 1 LLC   Littlerock   Solar: PV   5 .0   4/2013
Amonix, Inc.   Seal Beach, Calif.   Lucerne Solar Power Generation Station, 1 LLC   Lucerne Valley   Solar: PV   14 .0   3/2014
Clear Peak Energy, Inc.   Scottsdale, Ariz.   Holiday Solar Array   Lancaster   Solar: PV   8 .5   12/2013
Foresight Renewables, LLC   San Francisco, Calif.   Nicolis, LLC   Weldon   Solar: PV   20 .0   9/2013
Foresight Renewables, LLC   San Francisco, Calif.   Tropica, LLC   Rosamond   Solar: PV   14 .0   9/2013
juwi solar Inc.   Boulder, Colo.   Sierra View Solar IV   Lancaster   Solar: PV   19 .0   3/2014
juwi solar Inc.   Boulder, Colo.   Sierra View Solar V   Mojave   Solar: PV   19 .0   3/2014
Recurrent Energy   San Francisco, Calif.   RE Columbia 2   Mojave   Solar: PV   20 .0   1/2014
Recurrent Energy   San Francisco, Calif.   RE Columbia 3   Mojave   Solar: PV   10 .0   1/2014
Silverado Power   San Francisco, Calif.   American Solar Greenworks   Lancaster   Solar: PV   15 .0   4/2014
Silverado Power   San Francisco, Calif.   Central Antelope Dry Ranch B   Lancaster   Solar: PV   5 .0   4/2014
Silverado Power   San Francisco, Calif.   Central Antelope Dry Ranch C   Lancaster   Solar: PV   20 .0   4/2014
Silverado Power   San Francisco, Calif.   Lancaster Dry Farm Ranch B   Lancaster   Solar: PV   5 .0   4/2014
Silverado Power   San Francisco, Calif.   Lancaster WAD B   Lancaster   Solar: PV   5 .0   4/2014
Silverado Power   San Francisco, Calif.   North Lancaster Ranch   Lancaster   Solar: PV   20 .0   4/2014
Silverado Power   San Francisco, Calif.   Sierra Solar Greenworks   Lancaster   Solar: PV   20 .0   4/2014
Silverado Power   San Francisco, Calif.   Victor Dry Farm Ranch A   Victorville   Solar: PV   5 .0   4/2014
Silverado Power   San Francisco, Calif.   Victor Dry Farm Ranch B   Victorville   Solar: PV   5 .0   4/2014
Spinnaker Energy, LLC   La Jolla, Calif.   Cabazon West Wind   Cabazon   Wind   19 .5   9/2012
 
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eIQ Energy Names Solar Veteran Kris Jernstedt VP of Worldwide Sales and Field Operations
Written by Renewable Power   
Friday, 19 November 2010 18:28


SAN JOSE, Calif.--(BUSINESS WIRE)--eIQ Energy, developer of DC-to-DC Parallel Solar technology for a range of solar installations, has named industry veteran Kris Jernstedt to serve as vice president of worldwide sales and field operations. He will be based at the company’s San Jose headquarters, and oversee all sales efforts related to the company’s pioneering line of products including the vBoost optimizer and vComm communications module.

Jernstedt has more than eight years of experience in the solar energy sector, including director-level sales and business development positions at Xantrex Technology and Advanced Energy, and a vice president of sales and marketing position with TTI Solar. He also held a strategic sales role in power conversion with MKS Instruments’ ENI Products Division.

“eIQ Energy’s technology and value proposition are a great fit with my background in power electronics,” commented Jernstedt. “I look forward to helping the eIQ Energy team build on its early successes and gain sales traction with Parallel Solar technology – it’s a clear advantage that enables solar professionals throughout the value chain to reduce costs, simplify design, and improve energy harvest over the lifetime of an array.”

“We’re pleased to have Kris on board at eIQ Energy. The combination of his power electronics expertise, solar industry experience and high-level customer contacts will help drive adoption of eIQ Energy’s Parallel Solar solution as we continue to create and expand our customer relationships,” said Oliver Janssen, CEO of eIQ Energy.

eIQ Energy’s Parallel Solar uses advanced DC power management technology, incorporated in the vBoost DC-to-DC converter module, to allow easy connection of solar panels in parallel rather than in series. This approach allows the connection of an unprecedented number of panels on a single cable, greatly reducing up-front solar array costs and providing much more design flexibility, while also boosting lifetime energy harvest with distributed MPPT. The vComm module combines multiple cable runs into a unified feed to the central inverter, and also utilizes power-bus wiring to collect real-time performance data from each vBoost, for use in the Parallel Solar Monitoring System data analysis software.
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