11 March '10
9:57 AM EST
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Solar

Anton Milner: Q-Cells CEO Resigns, CFO Cen to Lead

Anton Milner: Out as Q-Cells CEO

Q-Cells SE Chief Executive Officer Anton Milner has resigned, effective immediately, from the German photovoltaic cells maker, according to a company release.

Chief Financial Officer Nedim Cen, who joined the company from the restructuring consultants Alvarez & Marshal on an interim basis in June 2009, will take over the CEO duties and hold both positions. Cen will remain with the Q-Cells while it restructures and Alvarez & Marshal will support him in the program, called Q-Cells Reloaded. Read More »

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10 March '10
12:02 PM EST
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Solar

SunPower To Supply $875M Southern California Edison PV Project

SunPower, the San Jose, Calif., solar panel maker, scored a big contract yesterday to supply up to 200 megawatts of solar panels to be installed on rooftops of commercial buildings across the service area of power utility, Southern California Edison (SCE). Read More »

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9 March '10
5:13 PM EST
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Solar

First Solar Sells 550 MW To PG&E, Southern California Edison

Thin-film photovoltaic maker and plant developer First Solar  has sold the 550-megawatt output of its Desert Sunlight photovoltaic solar project to Pacific Gas and Electric (PG&E) and Southern California Edison (SCE) — See here for the full release. Read More »

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8 March '10
9:15 AM EST
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Solar

Yingli Posts Net Loss for 2009

Yingli Green Energy posted net revenues of $371 million USD, an increase of 43.7 percent over the same period in 2008, with a a 29.6 percent gross margin in the fourth quarter of 2009, coming in at the top end of the company’s guidance, according to a news release.

The company recorded a net loss of $6.6 million, a loss of 4 cents per American depositary share, for the quarter and a loss of $67.3 million, or 48 cents per share, for all of 2009. Read More »

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4 March '10
10:30 AM EST
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Solar

Kyocera to Build 1 GW Plant in San Diego

The Japanese electronics conglomerate Kyocera has announced plans to join the U.S. solar rush and build a 1 gigawatt solar module manufacturing plant in San Diego.

Kyocera’s announcement follows recent plans by Suntech Power Holdings and Yingli Green Energy to build plants in the U.S. sunbelt. Read More »

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