intent

First Solar announces intent to expand German manufacturing plant

First Solar Inc. has announced its intent to expand its Germanmanufacturing plant in Frankfurt an der Oder, doubling local productioncapacity and creating several hundred new jobs. The company,which already employs more than 600 associates in Frankfurt (Oder)manufacturing First Solar’s trademark thin-film solar modules, is inadvanced talks with the German regional and federal authorities toobtain the […] Read more


Quantum announces letter of intent for $20 million

Quantum Fuel Systems Technologies Worldwide Inc. announced that it andits subsidiary, Quantum Solar Energy Inc. has entered into anon-binding letter of intent with New Energy Systems, LLC, which setsforth the terms by which NES would invest $20 million in Quantum Solarin exchange for a 34 percent ownership interest in Quantum Solar. QuantumSolar will use the […] Read more


Yingli To Provide CTP With PV Modules (YGE)

Yingli Green Energy just announced that they will be providing CTP,a Czech commercial property developer, with 5 MW of solar PV modules.Under the terms of the letter of intent, signed by both companies, CTPis expected to purchase the modules from Yingli in the fourth quarterof this year. In a company press release, representatives from both […] Read more


Acro Energy Acquires Energy Efficiency Solar

Acro Energy Technologies Corp., a solar installation company, has signed a letter of intent to acquire Energy Efficiency Solar Inc. (EE Solar) of Pomona, Calif. Underthe letter of intent, Acro Energy will acquire all of the issued andoutstanding common shares of EE Solar for a purchase price of $1.95million – a combination of cash, a […] Read more


Renesola (SOL) Signs Letters Of Intent For 505MW In Government Contracts

Yesterday, Renesola (SOL) got a bit of a pop higher on news it has signed letters of intent for 505MW in government solar contracts.  The first is a potential deal with the Yancheng city government for a 500MW on grid solar project consisting of mainly ground mounted systems and 10MW of rooftop installations to be […] Read more