U.S. Alternative Energy Correspondent
Nichola's Feed
Jul 12, 2011

Trina Solar audit committee chief resigns; stock drops

LOS ANGELES (Reuters) – Trina Solar Ltd said the chairman of its audit committee had resigned from its board, sending the Chinese solar company’s shares down more than 12 percent.

Peter Mak resigned effective July 10 “to focus on other personal and professional pursuits,” Trina said in a statement on Tuesday.

Jul 12, 2011

Trina audit committee chief resigns; stock drops

LOS ANGELES, July 12 (Reuters) – Trina Solar Ltd (TSL.N: Quote, Profile, Research, Stock Buzz)
said the chairman of its audit committee had resigned from its
board, sending the Chinese solar company’s shares down more
than 12 percent.

Peter Mak resigned effective July 10 “to focus on other
personal and professional pursuits,” Trina said in a statement
on Tuesday.

Jun 30, 2011

Solar developers scrapping thermal for photovoltaic

LOS ANGELES, June 30 (Reuters) – Developers of solar
thermal power plants are scrapping plans to use steam
technology in favor of ever-cheaper solar panels that are
easier to finance and could help assuage concerns about the
systems’ environmental impact.

So far this year, at least four California projects,
representing about 1,850 megawatts of power generation, have
elected to change most or all of their technology to
photovoltaic solar panels, which turn sunlight directly into
electricity, from concentrating solar power, or CSP, which uses
heat to create steam that powers a generator.

Jun 29, 2011

Cells wants its solar panels on U.S. rooftops

LOS ANGELES, June 29 (Reuters) – German solar company
Q-Cells (QCEG.DE: Quote, Profile, Research, Stock Buzz) unveiled its thin film modules in the United
States on Wednesday as it seeks to cash in on growing demand in
North America while lessening its reliance on the European
market, where government support for solar is declining.

The company, which entered the North American market just a
year ago and thus far has had a tiny presence in the
utility-scale solar market, said it introduced its copper
indium gallium selenide (CIGS) solar modules to get into the
business for commercial and residential rooftop solar systems.

Jun 27, 2011

Venture firms seek “light’ green” tech bets

LOS ANGELES/SAN FRANCISCO (Reuters) – Green is back in venture capital circles — but call it light green.

Having placed big bets on capital-intensive industries like solar and ethanol just as the financial crisis quashed interest in risky new technologies, early-stage investors these days have a limited appetite for start-ups that need large amounts of cash to bring their products to market.

Jun 26, 2011

Analysis: Venture firms seek “light” green tech bets

LOS ANGELES/SAN FRANCISCO (Reuters) – Green is back in venture capital circles — but call it light green.

Having placed big bets on capital-intensive industries like solar and ethanol just as the financial crisis quashed interest in risky new technologies, early-stage investors these days have a limited appetite for start-ups that need large amounts of cash to bring their products to market.

Jun 21, 2011

CleanPath sets $800 million fund to invest in solar

LOS ANGELES (Reuters) – Renewable energy investment firm CleanPath LLC will pour more than $800 million into large photovoltaic solar projects in North America, the company said on Tuesday.

The company’s new fund is expected to invest in more than 1,000 megawatts of solar power plants over the next five years. The plants will range in size from 5 MW to over 100 MW.

Jun 15, 2011

Suntech says leases will “level the playing field”

SAN FRANCISCO, July 15 – (Reuters) – Chinese panel maker
Suntech Power Holdings Co Ltd (STP.N: Quote, Profile, Research, Stock Buzz) is getting into the solar
lease business to compete with venture-backed start-ups such as
SolarCity and SunRun, the vice president of project finance for
its U.S. business said on Wednesday.

The program, already launched in California, will expand to
up to six more states by the end of 2011, Scott Son said in an
interview, adding the initiative will increase panel sales by
helping the installers it partners with stay competitive.

Jun 15, 2011

Suntech launching U.S. financing programs

SAN FRANCISCO (Reuters) – Solar panel maker Suntech Power Holdings Co Ltd (STP.N: Quote, Profile, Research, Stock Buzz) plans to launch four or five financing programs for the U.S. market in the next six to nine months, the head of its North American business said on Tuesday.

The initiatives will cover various parts of the industry, including residential solar, Suntech America President Steven Chan said at the Reuters Global Energy and Climate Summit in San Francisco.

Jun 13, 2011

Cree CEO says LED payback still too long

LOS ANGELES (Reuters) – LED lights need to pay back hefty investments a lot quicker before they will go mainstream in offices and houses, the chief executive of LED maker Cree Inc (CREE.O: Quote, Profile, Research, Stock Buzz) said on Monday.

Energy efficient light emitting diodes (LEDs) have long been seen as the future of the lighting industry, but mass adoption has been slower to materialize than many had hoped.