U.S. Alternative Energy Correspondent
Nichola's Feed
Oct 17, 2011

Suntech sees stronger U.S. solar growth

DALLAS (Reuters) – Suntech Power Holdings Co Ltd expects U.S. solar installations to reach a record 2 gigawatts this year, even as demand from the German market stumbles, a Suntech executive said on Monday.

Solar companies have been betting that the United States could become the world’s largest market in the next few years, replacing Germany in the top spot as Berlin trims subsidies there.

Sep 26, 2011

SolarCity latest to see U.S. loan loss post-Solyndra

LOS ANGELES/WASHINGTON (Reuters) – Solar panel installer SolarCity said on Friday it was the second company in as many days that will not get finalization of U.S. government loan aid by a September 30 deadline.

The Department of Energy informed SolarCity of its inability to close the loan 48 hours ago, blaming increased paperwork resulting from a Congressional investigation into the DOE’s $535 million loan guarantee awarded to bankrupt solar company Solyndra, SolarCity said in a letter to the Republican lawmakers heading the probe.

Sep 23, 2011

SolarCity latest to see loan loss post Solyndra

LOS ANGELES/WASHINGTON (Reuters) – Solar panel installer SolarCity said on Friday it was the second company in as many days that will not get finalization of U.S. government loan aid by a September 30 deadline.

The Department of Energy informed SolarCity of its inability to close the loan 48 hours ago, blaming increased paperwork resulting from a Congressional investigation into the Department of Energy’s $535 million loan guarantee awarded to bankrupt solar company Solyndra, SolarCity said in a letter to the Republican lawmakers heading the probe.

Sep 22, 2011

Solyndra failure puts solar industry on defensive

LOS ANGELES, Sept 22 (Reuters) – The U.S. solar industry,
eager to shake off the shadow cast by Solyndra’s high-profile
collapse, has launched a full-scale public relations campaign
as scrutiny of government support programs for renewable energy
intensifies.

Solar industry officials are aiming to portray Solyndra’s
failure as an isolated incident in an industry that is
otherwise thriving, thanks in part to support from Washington.

Sep 20, 2011

House Republicans step up probe into energy loans

WASHINGTON/LOS ANGELES (Reuters) – Republican lawmakers are stepping up their investigation into alternative energy loan programs in the wake of the collapse of the Solyndra solar company, the first company to receive such government funding.

With only days to go before the Department of Energy faces deadlines to finalize $8.9 billion in loans for 14 pending renewable energy projects, Congressional investigators asked for detailed financial information on the deals and the due diligence done by the government.

Sep 20, 2011

Solar startups plough ahead despite Solyndra

LOS ANGELES (Reuters) – Solyndra’s collapse has cast a harsh spotlight on rival start-ups backing a promising solar technology that, despite the flameout by a leading player, remains on the verge of cracking the renewable energy market.

Undeterred rivals from HelioVolt to Nanosolar continue to espouse non-silicon copper indium gallium selenide CIGS.L panels that many industry experts continue to argue is cheaper to make. Solyndra failed because of its inability to bring down costs, not the fundamental promise of its technology.

Sep 19, 2011

Analysis: Solar startups plough ahead despite Solyndra

LOS ANGELES (Reuters) – Solyndra’s collapse has cast a harsh spotlight on rival start-ups backing a promising solar technology that, despite the flameout by a leading player, remains on the verge of cracking the renewable energy market.

Undeterred rivals from HelioVolt to Nanosolar continue to espouse non-silicon copper indium gallium selenide (CIGS) panels that many industry experts continue to argue is cheaper to make. Solyndra failed because of its inability to bring down costs, not the fundamental promise of its technology.

Sep 19, 2011

S.Korean co invests $50 mln in U.S. solar startup

Sept 19 (Reuters) – South Korean conglomerate SK Group said
on Monday it has invested $50 million in U.S. solar start-up
HelioVolt to help the company bring its next-generation solar
panels to the mass market.

SK energy and technology units SK Innovation (096770.KS: Quote, Profile, Research, Stock Buzz)
and SK TIC will expand HelioVolt’s operations in Austin, Texas,
and develop its “global capabilities,” the companies said in a
joint statement.

Sep 12, 2011

Itron CEO seeks to retake centerstage

LOS ANGELES (Reuters) – After two years of doing little but fly-fishing, golfing and playing with his grandchildren, Itron Inc Chief Executive LeRoy Nosbaum is suddenly back at the helm of the smart grid company he is credited with building into a billion-dollar business.

Under Nosbaum’s 9-year tenure as CEO from 2000 to 2009, Itron enjoyed explosive growth as energy efficiency and the so-called smart grid became one of the market’s hottest sectors. Helped by nine acquisitions, sales at the smart meter maker grew to nearly $2 billion and its share price soared more than five-fold.

Sep 8, 2011

FBI searches Solyndra offices in California

/LOS ANGELES, Sept 8 (Reuters) – FBI agents
searched the offices of Solyndra on Thursday, the U.S. solar
start-up that received millions of dollars in federal loan
guarantees before filing for bankruptcy this week.

The search comes amid intensifying pressure on the Obama
administration, which championed Solyndra as being at the
forefront of solar technology when President Barack Obama
visited the company’s Fremont, California, facility in 2010.