Tag Archives: recovery
Report: Solar PV Market to Recover by 2015
Solar photovoltaic manufacturers must be starting to breathe again. Over the past few years, they’ve struggled to keep their heads above a tide of overproduction that’s been washing out weaker competitors and strengthening others. Now, a growing body of evidence shows that the tide is changing. Case in point, a new report from Lux Research [...]
2014: The Year of the Solar Recovery?
Jeffries analyst has said that the solar industry which has been facing huge losses and a spate of bankruptcies can only hope to recover in 2014 with volume going down in 2013 . Pichel who is one of the oldest of the solar industry analysts predicts solar panel prices of 60-65c/watt by end 2012 and sees [...]
Report on the Recovery Act Promises Lower Cost of Solar
Vice President Joe Biden yesterday helped release a report (PDF) describing how the Recovery Act has bolstered the economy — andspecifically highlighting its effect on innovation in key sectors liketransportation, healthcare, and, yes, renewable energy. The reportboasts 50 pages of data and analysis, but it lacks the kind ofcompelling headlines that might really restore public confidence [...]
Happy Energy Independence and Solar Recovery Day
With the economy and job-growth stagnant, oil still spewing from theBP well-head into the Gulf of Mexico as a toxic reminder of ouraddiction to fossil fuels, President Obama couldn’t have picked a better time to announce a major solar power initiative than today, July 3rd —only hours away from Independence Day. The president labeled his [...]
G20 Must Cooperate for a Sustainable Recovery
Although the global financial crisis revealed the interconnectedness ofthe modern economy, it also underscored the importance of internationalcooperation. The G20 is the best international body to address theseissues. The Toronto G20 meeting was billed as a final checkup toensure agreements reached in Pittsburgh would be finalized at a November gathering in Korea, where leaders would [...]
UN Chief Asks G20 to Focus on a Sustainable Recovery
Leaders of the group of 20 developing countries (G20)are scheduled to meet in Toronto, Canada, June 26-27, to discuss therecovery of the world economy and the reform of the internationalfinancial system in the aftermath of the global crisis. According to UN Secretary-General Ban Ki-moon, G20 leaders should focus onenvironment-friendly measures to promote global economic recovery. [...]
First Solar Continues It’s Recovery $FSLR
Insider buying at First Solar (FSLR) continues to mark a near-term bottomin the stock, but the recovery from February’s post-earnings losses hasunfolded much more slowly than I expected. FSLR is up 18% since printing a bottom on February 25, the day before FSLR’s CEO and EVP of Marketing & Product Management purchased a combined $1.2M [...]
New Report on Benefits of Recovery Act for Clean Energy Small Businesses
The report highlights 26 small businesses in a range of clean energytechnologies, such as wind, solar, biofuels, along with critical newinfrastructure, like Smart Grid, advanced batteries, energy storage, and energy efficiency tools. It also notes small businesses that arehelping advance responsible environmental clean-up efforts. “Small business are the backbone of job creation in this country [...]
Cleantech Industry Benefits from Global Recovery
California-based smart grid company Silver Spring Networks Inc. announced an initial public offering (IPO) planned for midyear. The IPO will be underwritten by Morgan Stanley (NYSE: MS) and Jefferies & Co (NYSE: JEF). Silver Spring already boasts about $250 million in investments, including backing from Google Ventures and Kleiner Perkins Caufield & Byers, whose portfolio [...]
American Recovery and Reinvestment Act Funds California Solar
The California Recovery Task Force announced todaythat $110 million of American Recovery and Reinvestment Act (ARRA)funds will go towards energy efficiency and solar within the state. Themoney travels quite a path from the federal DOE to the State EnergyProgram to the SEP’s Energy Efficiency Building Retrofit and MunicipalFinancing Programs. These funds will support 1,100 new jobs [...]
Fear and Anxiety Over Feed-in Tariffs Accelerate PV Market Recovery
The PV market more than recovered in Q3’09, in fact, it reached newhighs in quarterly revenues for some layers of the supply chain asshown in Figure 1. In addition, the weak seasonality that many analystspredicted from December through March of 2010 is no longer expected,price reductions are slowing and margins are projected to increasethrough the [...]
Why an economic recovery will increase solar panels costs
As the world economies begin their slow recovery fromthe credit crunch, what does this mean for a solar panel industry in itsinfancy? Stuart Lovatt from Heat my Home says, “Over thelast 5 years we have seen solar manufacturing and installations costs increase,due to rising cost of energy for manufacture, resources, materials andmanufacturing costs generally is [...]