Solar Power Inc. - 500 Beiträge pro Seite

[korted]

... noch unbekannt in Deutschland ... wer sich mit dem Thema Solar in den USA beschäftigt, der sollte sich schleunigst informieren!

[ChrisHamburg01]

Antwort auf Beitrag Nr.: 32.975.027 von korted am 08.01.08 07:57:34

Da hast du dir ja richtig Mühe gegeben mit dem Informationsgehalt dieses Threads

Warum SOLLTE man sich SCHLEUNIGST informieren? Weil im Firmennamen das Wort "Solar" vorkommt?

[Logischer]

Warum man sich beeilen sollte??

Keine Anung sollte jeder selber wissen aber ne gute Chance sehe ich auch in diesem Solarstock.

SOPW ist erst im Oktober an die NASDAQ OTCBB gegangen und wenn man sich die Umsätze seither anschaut ist SOPW noch gar nicht in Augenschein der Anleger genommen worden.

Meiner Meinung nacg zu unrecht wenn man den Stock mal mit anderen Solarstocks in den USA vergleicht.

Daten zu SOPW:

Kurs : 4,40 Dollar
MK : 141 Millionen Dollar
Umsatz07: ca.30 Millionen Dollar
Umsatz08: ca.60 Millionen Dollar(ich erwarte wesentlich mehr)
EPS07 : -0,17 Dollar
EPS08 : Aussage des CEO POSITIVES EPS im Geschäftsjahr 2008


Auf den ersten Blick sieht das nicht gerade nach Schnäppchen aus ABER man muß in diesem Sektoreinfach vergleichen.Nehmt zum Beispiel ESLR und projeziert die Daten auf SOPW dann werdet Ihr feststellen das SOPW bei einem Kurs von gut 50 Dollar stehen müßte.
Aber man soll die Kirche ja im Dorf lassen deshalb liegt mein erstes Kursziel(3 Monate) bei 13 Dollar.


Sehr interessant ist das SOPW "noch" and er NASDAQ OTCBB notiert was der CEO aber schnellstens ändern will und zur NASDAQ wechseln möchte(ich schätze noch im ersten Halbjahr).

Zudem gab es im Dezember eine NEWS welche vermeldete das ein Investor mit 10,5 Millionen Euro bei Solar Power eingestiegen ist.


Kurz danach gewannen Sie einen Contract mit einem Umsatzvolumen von 23 Millionen Dollar.


Also meiner Meinung nach ist SOPW jetzt noch ein SCHNÄPPCHEN!!

http://isht.comdirect.de/charts/big.chart?hist=10d&type=CONN…

[Logischer]

[Logischer]

Morgen könnte ein sehr guter Tag werden denn:


Solar Power, Inc. to Present at 10th Annual Needham Growth Stock Conference on January 9, 2008 at 11:30 AM EST
Monday January 7, 6:30 am ET

ROSEVILLE, Calif.--(BUSINESS WIRE)--Solar Power, Inc. (SPI) (OTCBB:SOPW - News), a vertically integrated manufacturer of photovoltaic (PV) modules and designer and installer of PV solar electric systems for commercial, public and residential customers in the United States, announced that Chief Executive Officer Stephen Kircher and Chief Operating Officer Bradley Ferrell will be presenting at the 10th Annual Needham Growth Stock Conference. The conference will be hosted by The New York Palace Hotel, New York, NY from January 8th – 11th, 2008. Solar Power, Inc. is scheduled to present on January 9th from 11:30 a.m. to 12:00 p.m. and will be available for one-on-one meetings.


The management will be discussing the Company’s business plan and provide investors with a current update at the event.

[tatort]

Antwort auf Beitrag Nr.: 32.979.806 von Logischer am 08.01.08 14:44:28

Wie hoch ist die Aktienzahl bei Solar Power

[Logischer]

Antwort auf Beitrag Nr.: 32.981.115 von tatort am 08.01.08 16:07:28

Laut letztem SEC-Filing sind 33 Millionen Aktien

[tatort]

Hallo zusammen gibt es Nachrichten die ich noch nicht gefunden habe !
Warum verliert der Wert so .

[meinolf67]

SOLAR POWER, INC. (News) RESCHEDULES FOURTH QUARTER FISCAL 2007 EARNINGS CONFERENCE CALL FOR MARCH 25, 2008 AT 4:30 P.M. EDT

Solar Power, Inc. (OTCBB:SOPW), a vertically integrated manufacturer of photovoltaic (PV) modules and marketer, designer and installer of PV solar electric systems for commercial, public and residential customers in the United States announced today it will reschedule its Fourth Quarter Fiscal 2007 results for Tuesday, March 25, 2008 after the market close. In conjunction, the company will host a conference call to discuss these results.

The conference call will take place at 4:30pm EDT on Tuesday, March 25, 2008. Interested participants should call 1-800-762-7141 when calling within the United States or 1-480-248-5081 when calling internationally.

A playback will be available through April 1, 2008. To listen, please call 1-800-406-7325 within the United States or 1-303-590-3030 when calling internationally. Utilize the pass code 3856063 for the replay.

This call is being webcast by ViaVid Broadcasting and can be accessed by clicking on this link http://viavid.net/dce.aspx?sid=00004C96, or visiting www.solarpowerinc.net, or at ViaVid's website at www.viavid.net, where the webcast can be accessed through April 1, 2008.

About Solar Power, Inc.:

Founded in 2005, Solar Power, Inc. is a vertically integrated solar energy solution provider offering the North American residential, commercial and public sector building markets a complete solution through a single brand. With a state of the art manufacturing facility in Shenzhen, China, Solar Power Inc. provides turnkey design-build solutions through its Roseville, California headquarters and a growing retail distribution network. For more information visit the Company's website at www.solarpowerinc.net.

[meinolf67]

Monday, May 12, 2008 - 2:47 PM PDT
Solar Power Inc. more than doubles losses
Sacramento Business Journal - by Celia Lamb Staff writer

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Related News

* A darker outlook [San Francisco]
* Solar Power increases revenue, and loss [Sacramento]
* Yes! Solar store coming to Orange County [Los Angeles]
*
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Solar Power Inc. reported a bigger loss and higher revenue for the first quarter and cut its annual revenue guidance by 40 percent.

The Roseville company (OTC Bulletin Board: SOPW) lost $2.8 million, equal to 7 cents per share, in the quarter ended March 31. That figure was 158 percent worse than its loss of $1 million, or 3 cents per share, in the first quarter of last year.

First-quarter sales revenue rose to $5.8 million, a 71 percent increase from $3.4 million in the first quarter of last year. Most of the revenue came from sales of solar panels. Sales of cable, wire and mechanical assemblies dropped 54 percent to $459,000 due to a delay in the delivery schedule for one customer.

The company dropped its revenue guidance for 2008 to $36 million from $60 million due to a decision by the Santa Rosa City School District not to install a 3 megawatt-solar power project. That contract, worth $23 million to Solar Power Inc., fell through when the district learned that many of its school roofs could not handle the solar-power systems.

"Our plan and focus will be to continue the development of our solar panel manufacturing facility, manufacturing our branded solar system products, generating new commercial opportunities and organizing a distribution model through the development of a franchise network," Solar Power chief financial officer Jeff Winzeler said in a press release.

The company has a manufacturing plant in China.

In March, the company executed two franchises for Yes! Solar Solutions stores in Orange County and the San Francisco peninsula. It also completed engineering designs and wind-tunnel testing for its Skymount racking system.

[meinolf67]

30.05.2008 12:01
Solar Power, Inc. Signs Commitment Letter for $3 Million Asset-Based Line of Credit with Bridge Bank N.A.

Solar Power Inc, (OTCBB:SOWP), a vertically integrated solar energy solution provider, announced today that it has signed a commitment letter with Bridge Bank N.A., a subsidiary of Bridge Capital Holdings (NASDAQ BBNK) for a $3M asset-based line of credit secured by the Company's accounts receivable and customer-assigned utility rebates. The funds will be used for general working capital.

“We are excited about this partnership with Bridge Bank,“ said Steve Kircher, CEO of Solar Power Inc. “This line of credit will help provide the necessary resources for the continued growth of our solar business, and will be used to fund additional factory output to meet anticipated demand.“

Founded on May 14, 2001, Bridge Bank, N.A. is dedicated to meeting the financial needs of businesses in the Silicon Valley, Palo Alto, Sacramento, San Diego and Fresno business communities.

About Solar Power, Inc.:

Founded in 2005, Solar Power, Inc. (News) is a vertically integrated solar energy solution provider offering the North American residential, commercial and public sector building markets a complete solution through a single brand. Solar Power, Inc. provides turnkey design-build solutions through its Roseville, California headquarters and a growing retail distribution network.

[meinolf67]

Solar Power gets $20M order from South Korean company
Sacramento Business Journal

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* Solar Power Inc. lines up cash [Sacramento]
* Solar Power Inc. more than doubles losses [Sacramento]
* A darker outlook [San Francisco]

A South Korean company will buy $20 million of solar power equipment from Solar Power Inc., a major deal for the Roseville company.

Solar Power will start shipping 5 megawatts of its SP200 solar modules to North East of Seoul starting this month and ending in August. Solar Power has confirmed a letter of credit detailing payment by North East, a solar panel distributor and installer.

"Working directly with distribution and integration companies across Asia and Europe is a complement to our U.S. business plan and a key part of our long-term business growth strategy," Solar Power chief executive officer Steve Kircher said in a news release Monday.

Shares of Solar Power (OTCBB: SOPW) increased 5 cents to $1.40 in midday trading Monday.

[meinolf67]

31.07.2008 16:05
Solar Power, Inc. and Solyndra, Inc. Execute Long-Term Supply Agreement for Innovative Photovoltaic Panels

Solar Power, Inc. (News) (”SPI“) (OTCBB:SOPW) has executed an amendment to its current supply agreement with Solyndra, Inc., a Fremont, California-based manufacturer of CIGS (Copper indium gallium selenide) thin-film photovoltaic panels. The amended agreement, signed July 24, 2008, has a product value of approximately $325 Million for the delivery of solar panels between 2008 - 2012 with yearly increasing volumes and decreasing price per watt of peak output.

SPI will be one of the first companies in the U.S. to offer Solyndra's highly innovative PV panels to its customers. The panels feature a unique cell geometry which enables rapid installation and high energy production for large-scale rooftops.

”We are very excited about this agreement,“ said Steve Kircher, CEO of Solar Power, Inc. ”Solyndra's panels are highly innovative and offer unique design features that differentiate them from conventional panels. Their panels and simple mounting systems are quick to install and have outstanding energy production. The addition of their products to our portfolio extends the range of installation opportunities we now have; especially where available space and/or system weight are considerations.“

About Solar Power, Inc.:

Founded in 2005, Solar Power, Inc. is a vertically integrated solar energy solution provider offering the North American residential, commercial and public sector building markets a complete solution through a single brand. Solar Power, Inc. provides turnkey design-build solutions through its Roseville, California headquarters and a growing retail distribution network.

[meinolf67]

habe mir mal 100 Stk. in münchen geholt

[meinolf67]

Item 1.01 Entry into a Material Definitive Agreement.
On July 24, 2008, Solar Power, Inc., a California corporation (“Solar Power”) and Solyndra Inc., a Delaware corporation (“Solyndra”) signed a First Amendment to Agreement for Sale of Photovoltaic Panels which amends an Agreement for Sale of Photovoltaic Panels, dated February 19, 2007.
The Agreement between Solar Power and Solyndra is a contract for the sale of photovoltaic panels intended for installation on large flat rooftops which are optimized for high energy density production produced by Solyndra for Solar Power. The Agreement as amended obligates Solar Power to purchase panels for an approximate total value of up to $327,400,000 over the four year term of the Agreement, with price adjustments provided in the Agreement for current market conditions. Solar Power also has an option to purchase additional panels on similar terms during the period, and obligates Solyndra to produce and deliver the panels to Solar Power during the term of the Agreement.
The Agreement is attached to this report as an Exhibit, and the terms and conditions incorporated herein. The foregoing statement is not intended to be a complete description of all terms and conditions.
Item 9.01 Financial Statements and Exhibits.
(a) Exhibits.
10.1 Agreement for Sale of Photovoltaic Panels to Solar Power, Inc., dated February 19, 2007.

10.2 First Amendment to Agreement for Sale of Photovoltaic Panels, dated July 24, 2008.

[meinolf67]

A subsidiary of Solar Power Inc. plans to build solar power systems for three affordable housing developments in Monterey County.

Yes! Solar Solutions, the retail arm of Solar Power (OTCBB:SOPW), received the contracts from The Housing Authority of Monterey County, the Roseville-based company said in a news release Wednesday.

The three buildings in Soledad and Gonzelez have a total of 166 apartments. The combined 210 kilowatts of photovoltaic-powered electricity will serve the needs of most of the units.

Yes! Solar Inc., which does business as Yes! Solar Solutions, has installed 750 kilowatts of solar-power systems on nine affordable housing developments, including a recently completed 32-kilowatt project in Carmel Valley.

[meinolf67]

Eric Wesoff
Solyndra Ascendant? July 31, 2008 at 8:03 AM

Fremont, California-based Solyndra is a secretive solar company. As secretive as you can be when you have 400+ employees, are looking for a valuation of greater than a billon dollars, and occupy a 183,000 square foot building on the side of a major highway. (I’ve verified those valuation claims from a number of Silicon Valley Venture Capitalists who passed on the funding deal.)

But today we get two big Solyndra contract announcements from:

Solar Power, an OTC-traded, Shenzen-based module manufacturer and “vertically integrated, turnkey solar power solutions provider,” with an agreement to purchase approximately $325M worth of Solyndra solar panels over the next five years.

As well as a supply agreement with Phoenix Solar, a Germany-based solar integrator, worth approximately $700 million. They claim that Solyndra’s solar panels are “highly innovative and distinguish themselves significantly from conventional solar modules.”

I’ve tried to contact the firm a number of times but they’ve been less than communicative. We’ll keep trying. I have spoken to some former Solyndra employees. In fact, oddly for a start-up with a brilliant trajectory, they’ve had a number of senior executive shake-ups. The first was an “exodus” of their CTO, CFO, and President and the next was a loss of the senior staff that replaced the original team.

One of their original technologists, in fact the gentleman who has some of the core CIGS IP, is polite but says they have very little chance of scaling to volume at the right cost due to enormous packaging and encapsulation challenges. However, there has been some progress in CIGS solar packaging materials of late.

According to Martin Roscheisen, the CEO of Nanosolar, in a comment he posted to one of my blogs, “If anything, CIGS is easier to package than CdTe: Because unlike with CdTe, at least the thin-film device stack is fundamentally stable with CIGS. (The CdTe thin-film stack is not intrinsically stable; its backelectrode is known to be instable.) So the packaging solutions that work for CIGS are a superset of what works for CdTe.”

We’ll get you some more info on these contracts and Solyndra in the coming weeks.

BTW, Solyndra is hiring.

But, some CIGS execs say they are seeing an increased flow of Solyndra resumes too. The same thing happened in 2007 before Miasole announced it was having problems. But this was before these two big contracts.

[meinolf67]

06.08.2008 12:01
Solar Power, Inc. Selected to Power Marshall Medical Center

Solar Power, Inc. (News) (”SPI“) (OTCBB:SOPW) has entered into an agreement with Solar Power Partners, Inc. (”SPP“) to install a photovoltaic (”PV“) solar system to power the Marshall Medical Center (”MMC“) campus located in Cameron Park, California. MMC is converting their campus to PV solar power for both environmental and economic reasons.

The system will serve Marshall's many outpatient services located at 3581 Palmer Drive in Cameron Park and will feature an array of solar panels mounted atop elevated solar structures. The system will be comprised of 3,370 solar modules and provide 669 kilowatts of electricity. In addition, the elevated solar structures will provide shade and weather protection for 200 cars.

”The Marshall Medical Center project is significant to our region,“ said Steve Kircher, CEO of Solar Power, Inc. ”Marshall's facility serves a very large portion of the community and their conversion to solar power is significant. The environmental benefits of a system of this size, coupled with the cost savings the system will deliver to their operations, demonstrate the increasingly important role energy management is playing in every aspect of our lives.“

”Converting to solar is something I feel very strongly about,“ said James Whipple, CEO for Marshall Medical Center. ”While we will reap financial benefit from doing so, I believe a greater good is also being served. Through our ability to become more self reliant with solar, we are also significantly reducing our carbon footprint. We have dedicated our lives to healing and view this as an important part of both our mission and our legacy.“

Solar Power Partners, Inc. of Mill Valley, CA is providing the financing for the installation of the solar facility. SPP is a provider of Power Purchase Agreements (”PPA“) for the commercial, institutional municipal and agricultural markets in California. ”We are committed to serving the energy needs of clients like Marshall Medical by providing reliable, long-term financing for renewable solar energy projects through development partners like Solar Power, Inc.,“ said Alexander V. Welczeck, SPP's Co-Founder and CEO. The company's PPA solutions allow customers to enjoy the benefits of solar energy while avoiding the capital outlay associated with system and installation costs.

[meinolf67]

25.08.2008 12:06
Solar Power, Inc. to Present at Kaufman Bros. 11th Annual Investor Conference in New York

Solar Power, Inc. (OTCBB:SOPW), a vertically integrated manufacturer of photovoltaic (PV) modules and marketer, designer and installer of PV solar electric systems for commercial, public and residential customers in the United States, today announced that the company will present at the Kaufman Bros. 11th Annual Investor Conference to be held at the W Hotel at 541 Lexington Avenue in New York City, New York. Mr. Stephen Kircher, Chief Executive Officer, and Mr. Jeff Winzeler, Chief Financial Officer, are scheduled to present at 11:00 a.m. (ET) on Friday, September 5, 2008.

The presentation will be held in the Sea/Ocean Room and management will be available to participate in one-on-one meetings with conference attendees on Thursday and Friday, September 4th, and September 5th. Management will discuss the Company's vertically integrated business model, including its franchise platform, recent contract wins and financial highlights, industry drivers and trends, the competitive landscape, and future growth plans.

For more information about the conference, visit: http://www.kbro.com/

About Solar Power, Inc.:

Founded in 2005, Solar Power, Inc. is a vertically integrated solar energy solution provider offering the North American residential, commercial and public sector building markets a complete solution through a single brand. Solar Power, Inc. provides turnkey design-build solutions through its Roseville, California headquarters and a growing retail distribution network.

[meinolf67]

13.10.2008 12:05
Solar Power, Inc. Expects Record Revenues of $19 Million for the Third Quarter of 2008 and Schedules Earnings Conference Call for November 13, 2008

Solar Power, Inc. (OTCBB:SOPW) a vertically integrated manufacturer of photovoltaic (PV) modules and marketer, designer and installer of PV solar electric systems for commercial, public and residential customers in the United States, today announced it expects to report record quarterly revenue and will release its Third Quarter Fiscal 2008 results on Thursday, November 13, 2008, after the market close. In conjunction, the company will host a conference call to discuss these results.

Based on preliminary estimates, the Company expects record revenues for the third quarter ending September 30, 2008 of more than $19 million. Through the first half of 2008 the Company recorded revenues of $15.9 Million. The Company will also provide an update to its 2008 annual guidance on the scheduled earnings conference call. Following the second quarter of 2008, the Company provided revised revenue guidance of $36 million, representing an increase in revenues of 99% year-over-year. Supported by strong revenue growth from its international direct panel sales and from its Yes! Franchise business the Company expects to significantly surpass this previously announced annual revenue guidance.

”Our pipeline of business opportunities is strong, and with the recent passage of the Solar Investment Tax Credit bill, we anticipate continued revenue growth in direct panel sales as well as our US commercial construction business,“ said Steve Kircher, CEO of Solar Power, Inc. (News) ”Our third quarter projected revenues of more than $19 million will eclipse 2007 full year revenues, a significant milestone for our company. Additionally, we see progress in our Yes! Solar Solutions franchise business which is focused on the residential market. We will continue to capitalize on direct panel sales and our vertical integration strategy, thus providing multiple avenues for growth as we look toward 2009.“

These preliminary results are based on the Company's initial analysis of operating results and are subject to change as additional financial information becomes available. The Company will report final results for the third quarter on November 13, 2008. A news release announcing dial-in and webcasting details for the conference call will be issued in advance.

About Solar Power, Inc.:

Founded in 2005, Solar Power, Inc. is a vertically integrated solar energy solution provider offering the North American commercial and public sector building markets a complete solution through a single brand. The company's Yes! Solar SolutionsTM subsidiary provides the U.S. small- to mid-sized business and residential market segments with turnkey PV solar systems through a growing retail franchise network. Throughout Europe and Asia, the company sells its products direct to distributors and turnkey solutions providers. Solar Power, Inc. operates from its Roseville, California headquarters.

[meinolf67]

Yes! Solar, Inc. Sells First East Coast Franchise Territory to North Carolina Investment Group
Monday November 24, 6:00 am ET

ROSEVILLE, Calif.--(BUSINESS WIRE)--Yes! Solar, Inc., a wholly owned subsidiary of Solar Power, Inc. (OTCBB:SOPW - News), announced today that it has executed a franchise agreement with a group of private investors to open and operate the newest Yes! Solar SolutionsTM retail operation in Cary, North Carolina. The Yes! Solar Solutions energy outlet will be centrally located to serve the state’s north central Research Triangle Park Economic Region which is home to 1.9 million people. Site selection for the new retail energy outlet is underway. The investment group includes Stew Miller, Kathy Miller, and their general partner Jeff Fike, all of whom are residents of Cary, North Carolina. The group brings extensive and successful entrepreneurial, corporate business management, and construction experience to the venture.

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The territory covers approximately 8,993 square miles and is home to more than 525,000 owner-occupied dwellings and many commercial enterprises. Electric rates in the area make it a prime market for solar relief. Additionally, the state of North Carolina currently offers a loan program featuring a 1% interest rate for 10 years on residential and commercial renewable energy systems up to $500,000. Combined with the 8-year extension of the federal investment tax credit of 30% and removal of the $2,000 cap on residential systems, North Carolina has become one of the region’s most solar friendly states and an attractive market for the company’s turnkey Yes! Solar Solutions’ offerings. “We are excited about this most recent agreement, as it adds to our growing national presence and provides our first location on the east coast. We are very happy to be adding a seasoned group of business leaders to our growing franchise network. We look forward to working with them as we build awareness for the Yes! Solar Solutions brand and the energy independence we can provide home and business owners across the nation,” said Todd Lindstrom, President of Yes! Solar, Inc.

Yes! Solar, Inc. operates a company-owned store in Roseville, California and has franchisee operations in the San Francisco bay area and Orange County, California. Demand for its franchise business opportunity is growing as witnessed at the recent Solar Power International `08 Conference in San Diego, California where the company hosted private seminars for groups of entrepreneurs and received numerous additional inquiries from prospects, all of whom are interested in gaining rapid entry into the renewable energy industry via Yes! Solar Solutions franchises. The Yes! Solar Solutions franchise operations is expected to make up the majority of the company’s national distribution network, serving both homeowners and small to medium-size commercial customers with clean, renewable photovoltaic solar electric systems that also provide a hedge against rising electricity costs.

“The citizens of North Carolina’s Research Triangle Park Economic Region are living with rising electric rates and share growing environmental concerns. As a result, the state is making it easier for citizens to engage with renewable clean-energy forms,” said Todd Lindstrom, President of Yes! Solar, Inc. “We look forward to working with the Yes! Solar Solutions team of the Triangle area and introducing our turnkey solutions to home and business owners throughout the area.”

“As long-time North Carolina residents, we are very pleased to be able to introduce the economic and environmental benefits that photovoltaic solar solutions provide to the communities where we work and live. As entrepreneurs with business experience rooted in this area, our venture into renewable energy through photovoltaic solar is very exciting,” said Stew Miller, who will serve as President of the new operation. “We are proud to be part of a growing, positive national movement. The turnkey solutions and products we will be providing offer an unprecedented clean source of renewable energy, and allow home and business owners to enjoy a new-found measure of energy independence and protection from rising electricity rates.”

About Yes! Solar, Inc.

Yes! Solar, Inc., DBA Yes! Solar Solutions, is a wholly owned subsidiary of Solar Power, Inc. (OTCBB:SOPW - News). Founded in 2005, Solar Power, Inc. designs and manufactures its own products, including solar modules and racking and mounting systems. The company also designs and builds both large-scale commercial systems and residential solar systems for the U.S. market. Throughout Europe and Asia, Solar Power, Inc. sells its products direct to distributors and turnkey solutions providers. Yes! Solar Solutions offers the U.S. residential and medium to small-sized business market segments turnkey solutions through a single brand. The Yes! Web site can be visited at www.yessolarsolutions.com. Solar Power, Inc. can be visited at its web site at www.solarpowerinc.net.

[meinolf67]

05.01.2009 13:10
Solar Power, Inc. and JA Solar to Enter Agreement for up to 60 Megawatts of Cells in 2009

JA Solar Commits to Sell up to 60 Megawatts of Polycrystalline Photovoltaic Cells to Solar Power, Inc. (News) to Meet Growing Demand for Its Modules and Systems

Solar Power, Inc. (”SPI”) (OTCBB:SOPW) has entered into a one-year supply agreement with JA Solar Holding Co., Ltd. (”JA Solar”) (NASDAQ:JASO). JA Solar has committed to supply up to 60 megawatts of its 6” polycrystalline photovoltaic (”PV”) cells based on monthly requirements from SPI. Based in Hebei, China, JA Solar is one of the world’s top producers of high-performance solar cells. The cells will be used for the ongoing production of SPI’s solar modules and to meet growing demand for the company’s products in Europe, Asia, and for turnkey systems in the United States. Supply to SPI begins immediately.

”We are excited about our agreement with JA Solar. Their products are known for quality and performance and we are very fortunate to be able to integrate them into our own,” said Steve Kircher, CEO Solar Power, Inc. ”This is a true strategic relationship with strong mutual benefit. It will allow us to leverage our vertical integration business model through a significant amount of supply and we will be able to offer competitive pricing that we believe is unprecedented,” Mr. Kircher added. ”It also provides our SPI commercial operations and our growing Yes! Solar SolutionsTM franchise network with strong advantages in cost of installation and will have a significant positive effect on our competitive position relative to international sales,” Mr. Kircher concluded.

The agreement provides SPI with immediate supply of high-quality cells to meet anticipated production requirements of the company’s family of solar modules during 2009. ”We are happy to be providing Solar Power, Inc. with cells for their high-quality PV modules,” said Mr. Samuel Yang, CEO of JA Solar Holding Co., Ltd. ”This agreement represents a strategic alliance between our company and one of the leading solar solution providers in the world today. Through SPI we will be able to expand sales of our cells and gain deeper penetration into the U.S. market.”

[UH1d]

Das ist ja heute!

Vielleicht kommt ja noch was raus


Solar Power, Inc. to Present at the 11th Annual Needham Growth Stock Conference in New York City on January 6, 2009 at 9:00 a.m. EST
Monday January 5, 6:00 am ET

ROSEVILLE, Calif.--(BUSINESS WIRE)--Solar Power, Inc. (OTCBB:SOPW), a vertically integrated manufacturer of photovoltaic (PV) modules and marketer, designer and installer of PV solar electric systems for commercial, public and residential customers in the United States today announced that the Company will present at the 11th Annual Needham Growth Stock Conference held at the New York Palace Hotel in New York City. Mr. Jeff Winzeler, Chief Financial Officer, is scheduled to present at 9:00 a.m. (EST) on Tuesday, January 6, 2009.

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Mr. Winzeler will participate in one-on-one meetings with conference attendees on January 6th. Mr. Winzeler will discuss the Company's vertically integrated business model, including its franchise platform, recent contract wins and financial highlights, industry drivers and trends, the competitive landscape, and future growth plans.

For more information about the conference, visit: www.needhamco.com

About Solar Power, Inc.

Founded in 2005, Solar Power, Inc. is a vertically integrated solar energy solution provider offering the North American residential, commercial and public sector building markets a complete solution through a single brand. With a state of the art manufacturing facility in Shenzhen, China, Solar Power, Inc. provides turnkey design-build solutions through its Roseville, California headquarters and a growing retail distribution network.

[meinolf67]

wer das wolh sein mag...?:


06.01.2009 12:09
German Solar Integrator Agrees to Purchase Solar Modules from Solar Power, Inc.

Recent IEC Certification Opens European Doors to Roseville, California-Based SPI for First Shipment of 200-Watt Panels to Be Used in Germany

Solar Power, Inc. (”SPI”) (OTCBB:SOPW) has completed its first sale to a prominent German solar integrator of its photovoltaic (”PV”) solar modules for use in the integrator’s Germany-based installation projects. An initial supply of SPI’s 200-watt panels was shipped to the integrator at the end of December 2008. The transaction follows IEC certification in early December 2008 of SPI’s family of solar modules by VDE laboratories located in Main, Germany. The IEC certification, similar to a UL listing in the United States, affirms the solar modules’ quality and performance characteristics for use in Europe for commercial and residential applications.

”This arrangement is further validation of SPI’s global sales and marketing strategy,” said Bradley Ferrell, President of SPI’s commercial sales division. ”Our recent IEC certification and this transaction mark what we believe to be the beginning of important new opportunities for SPI in European markets. Germany is the largest market in the world for solar and we view these two events as major milestones for our company. Through continuous leveraging of our China-based manufacturing operation, which produces high-quality, competitively priced solar modules and balance-of-system components, SPI is strategically positioned to continue to further penetrate new markets and build global market share.”

SPI made significant strides in 2008 pursuing its international sales strategy with sales of its modules into Asia. Moreover, U.S. commercial sales of its turnkey systems were robust and included high-profile commercial projects such as the STAPLES Center and Nokia Theatre Live in Los Angeles. In September 2008, SPI was named the Sacramento, California region’s fastest growing company by the Sacramento Business Journal.

[UH1d]

Hätten ruhig schreiben können um wen es geht,
aber so auch nicht schlecht

[UH1d]

Solar Power, Inc. to Present at the Pritchard Capital Energize 2009 Conference in San Francisco on January 14, 2009 at 11:40 a.m. PT
Thursday January 8, 2:30 pm ET

ROSEVILLE, Calif.--(BUSINESS WIRE)--Solar Power, Inc. (OTCBB:SOPW), a vertically integrated manufacturer of photovoltaic (PV) modules and marketer, designer and installer of PV solar electric systems for commercial, public and residential customers in the United States today announced that the Company will present at the Pritchard Capital Energize 2009 Conference held at the Westin San Francisco Market Street. Mr. Steve Kircher, Chief Executive Officer, is scheduled to present at 11:40 a.m. (PT) on Wednesday, January 14, 2009.

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Mr. Kircher will participate in one-on-one meetings with conference attendees on January 14th and will discuss the Company’s vertically integrated business model, including its franchise platform, recent contract wins and financial highlights, industry drivers and trends, the competitive landscape, and future growth plans.

For more information about the conference, visit: http://www.pritchardcapital.com/.

About Solar Power, Inc.

Founded in 2005, Solar Power, Inc. is a vertically integrated solar energy solution provider offering the North American residential, commercial and public sector building markets a complete solution through a single brand. With a state of the art manufacturing facility in Shenzhen, China, Solar Power, Inc. provides turnkey design-build solutions through its Roseville, California headquarters and a growing retail distribution network.

[UH1d]

Solar Power, Inc. Turns on STAPLES Center and Nokia Theatre Solar Electric Systems
Systems Will Provide Power to Both Venues and Advance AEGs Environmental and Sustainable Energy Initiatives

* Thursday January 15, 2009, 6:00 am EST

* Yahoo! Buzz
* Print

Related:

* Solar Power, Inc.

ROSEVILLE, Calif.--(BUSINESS WIRE)--Solar Power, Inc. (“SPI”) (OTCBB:SOPW - News) today announced the new photovoltaic (PV) solar electric systems recently installed to provide solar power to STAPLES Center and NOKIA Theatre L.A. LIVE have been commissioned by the Los Angeles Department of Water and Power (LADWP) and are functioning optimally. In October of 2008, California Governor Arnold Schwarzenegger presided over a ceremony held atop STAPLES Center’s roof to commemorate the completion of the installation of the rooftop array and locked the final solar panel in place during the event. The ceremony served as an example of the advancing footprint large commercial solar systems are gaining across the nation and helped to elevate awareness for Governor Schwarzenegger’s programs promoting the adoption of renewable energy in California.
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“We were very happy to have to have been chosen for this project,” said Steve Kircher, CEO of Solar Power, Inc. “Now that the systems are live and producing electricity for these two venues our monitoring services will be providing a real-time view of the systems’ production. These proprietary systems are truly state-of-the-art featuring our own unique product designs. Our SkyMountTM non-penetrating racking and mounting system made it possible for us to install the rooftop arrays, consisting of more than 2,500 solar modules, in just one week. The systems also incorporate our Solar PowerViewTM monitoring system which will enable real-time tracking of key performance metrics including power production and environmental offsets while ensuring optimal system performance is achieved. We could not be happier with the outcome of these two projects,” Mr. Kircher concluded.

In addition to providing electricity for both venues, the systems will provide significant environmental benefits and serve as an extension of AEG’s environmental and sustainable energy initiatives. The combined systems total 512 kilowatts DC and will provide cumulative environmental offsets over the next 25 years that are significant. These benefits include the elimination of over 14,600 tons of CO2, more than 412 tons of sulfur dioxide and over 48 tons of nitrous oxide, one of the principal greenhouse gasses. Over the next 25 years the two systems will produce an equivalent positive environmental effect of planting more than 250 acres of trees.

SPI’s proprietary Solar PowerView monitoring system will track both systems’ production output as well as relevant meteorological data. The system is designed to calculate environmental offsets from this real-time data. “Solar PowerView is unique in that it provides our customers real-time access to key system performance metrics,” said Robert Wood, Chief Information Officer for SPI and developer of the Solar PowerView application. “More importantly, our application has been designed to integrate seamlessly with our customers’ management information systems, including building management systems used to monitor facility systems performance.”

About Solar Power, Inc.:

Founded in 2005, Solar Power, Inc. is a vertically integrated solar energy solution provider offering the North American residential, commercial and public sector building markets a complete solution through a single brand. Solar Power, Inc. provides turnkey design-build solutions through its Roseville, California headquarters. Yes! Solar, Inc., DBA Yes! Solar Solutions, is a wholly owned subsidiary of Solar Power, Inc. Yes! Solar Solutions offers the U.S. residential and medium to small-sized business market segments turnkey solutions through a single brand. The Yes! Web site can be visited at www.yessolarsolutions.com

[UH1d]

Marshall Medical Center Uses Solar System to Heal Environment, Help Patients
Solar Energy System Completed on Parking Lot Structures Consistent With Healthcare Facilitys Green Mission

* Tuesday January 20, 2009, 6:00 am EST

* Yahoo! Buzz
* Print

Related:

* Solar Power, Inc.

ROSEVILLE, Calif.--(BUSINESS WIRE)--Solar Power, Inc. (OTCBB: SOPW - News) together with Solar Power Partners, Inc. (“SPP”) of Mill Valley, CA, and Marshall Medical Center, today announced completion of a new photovoltaic (“PV”) solar electric system to provide power to Marshall Medical Center (“Marshall”) located in Cameron Park, California. The system, totaling 669 kW DC in size, utilizes solar modules sitting atop elevated structures that not only place the arrays in direct sunlight, but also provide shading to the cars beneath.
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Solar Power, Inc. brought SPP into the Marshall project as the financing partner to enable a Power Purchase Agreement (“PPA”) between SPP and Marshall to finance the installation. Solar Power, Inc. worked closely with Marshall as the design, engineering and construction firm of record on the project. In addition to the design and construction of the arrays, Solar Power, Inc. also manufactured the 3,344 photovoltaic modules used in the project. Under the terms of the solar PPA, Marshall did not incur any out-of-pocket expenses, which supported its commitment to focusing resources on patient care.

The system’s elevated arrays create a visually appealing system that complements the appearance of the outpatient medical facility and its natural hilltop location. The structures are consistent with the building’s architecture and reflect Marshall’s commitment to care as well as to being as environmentally sensitive as possible.

“We are very proud that Marshall selected us to develop the system for them,” commented Steve Kircher, CEO of Solar Power, Inc. “The visibility the system will have, and its role in helping Marshall Medical Center fulfill its mission to the community, make a wonderful complement to our mission as a company as well.”

“We’re very pleased to work with Marshall Medical Center and Solar Power, Inc. to set a practical example of affordable sustainable energy for healthcare facilities. The arrays at Marshall will provide consistent, clean energy to the facility for years, and we are proud to be a long-term partner with Marshall on this effort,” said Alexander V. Welczeck, President and CEO, SPP.

James Whipple, CEO for Marshall Medical Center, notes that the structures reflect the organization’s commitment to the community. “We are thrilled with the way the solar structures not only support the environment, but also provide protection from the elements with covered parking for our patients and visitors,” said Mr. Whipple. “Our first value as an organization is that our patients come first. With the solar power arrays, we’re supporting that value and also making a clear statement about our commitment to the environment as well. Also, living in such a beautiful part of California and being one of the largest employers in the county, we feel the obligation to lead in protecting our environment for our residents and future generations,” he added.

The system at Marshall Medical is expected to generate more than 938,607 kilowatt hours per year according to production estimates, which is equivalent to 668 metric tons of carbon dioxide offset, or 75,823 gallons of consumed gasoline.

[meinolf67]

Antwort auf Beitrag Nr.: 36.410.035 von UH1d am 20.01.09 12:56:23

Danke für die Hilfe!

Was hältst Du von der Bude?

[UH1d]

Hallo!
News flow stimmt,Aufträge kommen
Mkt cap klein das reicht für mein Interesse,
bin kein allse bis ins Detail zerpflücker.
Wenn positives Interesse also Volumen kommt geht es hier
verhältniss mäßig auch gewinnträchtiger ab.
Meine Meinung
Bist im Solarrausch?
Pfgy beobachte ich auch

Grüße
gerade 15 k zu 80

[UH1d]

Yes! Solar, Inc. Sells Two Northern California Territories
South San Francisco Bay Area and Central Coast Territories Broaden Yes! Solar Solutions Market Coverage, Only Two Bay Area Territories Remain

* Thursday January 22, 2009, 6:00 am EST

* Yahoo! Buzz
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ROSEVILLE, Calif.--(BUSINESS WIRE)--Yes! Solar, Inc., a wholly owned subsidiary of Solar Power, Inc. (OTCBB:SOPW), announced today that it has executed franchise agreements for two additional California territories, extending coverage for the San Francisco bay area, and is adding coverage on California’s central coast region. The newest Yes! Solar SolutionsTM operation will serve California’s central coast through a territory that extends from Santa Cruz to San Miguel, California. Combined with existing contiguous territories, the newest California territories in the Yes! Solar Solutions franchise network extends reach to support more than one million owner occupied homes and many businesses that can benefit from Yes! Solar Solutions’ photovoltaic solar energy systems.

The new central coast franchise operation has been purchased by All In One Contractors Inc. based in Morgan Hill, CA. The franchise territory harbors approximately 156,000 owner occupied dwellings and numerous businesses throughout its 5,375 square miles. Borders of the new market area extend from Boulder Creek, near Santa Cruz, at the north, Carmel to the west, San Benito to the east and reach almost to San Miguel at the territory’s southernmost point.

“We are very impressed with the Yes! Solar Solutions product line of home energy systems. We are also very excited about this agreement,” said Mehyeddine Alayleh, Vice President of Marketing for All In One Contractors Inc. “As the number of people turning to renewable energy grows, we look forward to providing them with the solar solutions they need. Combined with California’s Solar Initiative rebate program and the recent addition of the 30% Federal Investment Tax Credit for homeowners purchasing a solar energy system, the opportunity for us to leverage our team’s collective experience couldn’t be better,” Alayleh said.

Trade Dimensions, Inc. (“TDI”) located in Pleasanton, CA, who recently purchased the Yes! Solar Solutions east bay area territory, have also purchased the south bay area territory, extending their overall area to include the greater San Jose region. The additional territory adds 324,000 owner occupied homes and thousands of prospective business customers to their market. The additional territory will host another Yes! Solar Solutions retail location. The east bay and south bay territories will be served by a single distribution hub also operated by TDI and located in Hayward, CA.

“Extending our market area into the south bay area is an excellent addition to our business,” said James Gitas, Vice President of Marketing. “As long-time residents of the bay area it is a real pleasure to be able to provide these communities with products and services that deliver a true win-win solution. Not only can we serve the environment, we are also providing home and business owners with energy independence and a means to reduce or eliminate their electricity costs.”

“These two recent additions extend our reach and bring a very experienced group of business professionals to California’s central coast and to our growing franchise network. With two additional San Francisco bay area territories remaining, and rising electricity rates, the bay area has become one of our fastest growing regions,” said Jeff Pontius, Executive Vice President for Yes! Solar, Inc. “In the current economic climate, the renewable energy industry, and solar energy specifically, offer a great deal of promise for the foreseeable future. We look forward to serving the home and business owners of the greater San Francisco bay with our solar energy solutions and a growing number of solar product innovations. More importantly, we look forward to making a difference in the communities our franchise owners serve.” Yes! Solar, Inc. is actively seeking franchisees for the two remaining territories within the greater San Francisco bay area.

About Yes! Solar, Inc.

Yes! Solar, Inc., DBA Yes! Solar Solutions, is a wholly owned subsidiary of Solar Power, Inc. (OTCBB:SOPW - News). Founded in 2005, Solar Power, Inc. designs and manufactures its own products, including solar modules and racking and mounting systems. The company also designs and builds both large-scale commercial systems and residential solar systems for the U.S. market. Yes! Solar Solutions offers the U.S. residential and medium to small-sized business market segments turnkey solutions through a single brand. The Yes! Web site can be visited at www.yessolarsolutions.com. Solar Power, Inc. can be visited at its web site at www.solarpowerinc.net.

[UH1d]

Press Release Source: Solar Power, Inc.
Solar Power, Inc. Announces Peaq Solar Shade Structure
Modular Elevated Shade Structure Generates Solar Power, Shades Vehicles in Parking Lots, Costs Same as Rooftop System

* Tuesday January 27, 2009, 6:00 am EST

* Yahoo! Buzz
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Related:

* Solar Power, Inc.

ROSEVILLE, Calif.--(BUSINESS WIRE)--Solar Power, Inc. (“SPI”) (OTCBB:SOPW), a vertically integrated designer, manufacturer, and installer of photovoltaic (“PV”) energy systems, today announced the introduction of its latest product, a modular elevated solar shade structure system called Peaq´™. The new product offers a striking design, innovative kit-build installation, and a price tag comparable to rooftop installations. Peaq´ elevated solar array systems provide commercial enterprises with a means to significantly extend the footprint available to them for PV solar arrays in order to meet both financial and energy generation goals.
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Solar Power, Inc.’s Peaq´ has been designed to transform parking lots into appealing areas that not only generate clean solar energy, but also provide a variety of other benefits. Peaq´’s unique design delivers shaded parking for vehicles, increased comfort for visitors, and facilitates infrastructure for electric vehicle charging. The Peaq´ system also includes highly efficient, under-canopy LED lighting. This feature provides exceptional night time security by delivering light at three times the normal parking lot lighting levels without creating “light pollution” in the night sky. By virtue of its shading feature, Peaq´ also helps to reduce the negative heat-islanding effect open areas of asphalt have on the environment. The Peaq´ system is sealed to provide a dry under-canopy area during inclement weather.

The price point for solar carports and shade structures has historically been much higher than that of rooftop systems. Solar Power, Inc.’s Peaq´ system, with its unique design attributes, is available for most applications at a price point approaching that of rooftop systems and at parity with electrical utility costs in many market areas. SPI will manufacture Peaq´ system components and pre-assemble subsystems at its factory in order to achieve the best possible price.

“Product innovation is a central part of our company’s mission,” said Steve Kircher, CEO for Solar Power, Inc. “Peaq´ is not only innovative; it is also an example of how we deliver adaptable products and services that increase global accessibility to clean energy from the sun. The Peaq´ product is consistent with that mission because it creates opportunities for greater use of parking lots to generate clean electricity.”

[meinolf67]

30.01.2009 16:50
Solar Power, Inc. Receives Follow-on Order from German Solar Integrator

Trial Order of Solar Power, Inc.’s Solar Modules in 2008 Leads to $1.7 Million Order for Delivery in First Quarter.

Solar Power, Inc. (”SPI”) (OTCBB:SOPW), a vertically integrated designer, manufacturer, and installer of photovoltaic (”PV”) energy systems announced today that it has received an additional order from a German solar integrator for the company’s 200-watt solar modules. On January 6th, SPI announced that an initial supply of the modules was shipped to the integrator during December, 2008. The initial product supply was well received from a quality and performance perspective, forming the basis for the order now in place.

”This order is significant as SPI continues to aggressively develop inroads into the European market,” said Bradley Ferrell, President of SPI’s Commercial Sales Division. ”Our customer was obviously very happy with the performance and quality of our products in their initial trials, and has elected to engage with us on an ongoing basis. We believe our recent IEC certification and this order provide validation for our global sales, marketing and product development strategies. As a leading manufacturer and supplier in the world market for PV energy systems, we also believe our product quality and innovations, uniquely position us to continue to build global market share,” Mr. Ferrell concluded.

Product innovations and a growing body of well known commercial clientele continue to distinguish SPI. In 2007, SPI introduced its minimal or non-penetrating SkyMountTM commercial racking system for commercial roof-mounted arrays. SkyMount was most recently used at The STAPLES Center and the Nokia Theatre Live in Los Angeles, enabling the installation of more than 2,500 solar modules in just one week. SPI’s Peaq'TM elevated solar array systems, introduced earlier this month, now provides commercial enterprises with a means to significantly extend the footprint available to them for PV solar arrays in order to meet both financial and energy generation goals, while providing customers protection from heat and inclement weather.

[meinolf67]

ROSEVILLE, Calif.—February 11, 2009 - Solar Power, Inc. (“SPI”) (OTCBB:SOPW), a
vertically integrated manufacturer of photovoltaic (PV) modules and marketer, designer
and installer of PV solar electric systems for commercial, public and residential
customers in the United States today announced that the Company will present at the
Piper Jaffray Fourth Annual Clean Technology & Renewables Conference at The
Westin New York. Mr. Steve Kircher, Chief Executive Officer, and Mr. Jeff Winzeler,
Chief Financial Officer, are scheduled to present at 9:30 a.m. (EDT) on Thursday,
February 19, 2009.
Management will participate in one-on-one meetings with conference attendees on
February 19th and will discuss the Company’s vertically integrated business model,
including its franchise platform, recent contract wins and financial highlights, industry
drivers and trends, the competitive landscape, and future growth plans.

[UH1d]

Suzlon installs 20 solar panels in Nashik

Feb. 19, 2009 (The Hindu Business Line) --

Our Bureau

Mumbai, Feb. 19 Suzlon Energy Ltd (OOTC:SZEYF) has installed 20 solar power (OTCBB:SOPW) panels at its wind farm in Adwadi, Nashik. It is the first wind farm of the company to utilise solar energy to power its site operations.

TATA BP Solar has provided the photo-voltaic panels, which will supply power to the site office as well as the project yard, according to a press release.

A company spokesperson said that as the power generated by the wind turbines is committed to the power grid and its customers, therefore it cannot be used for the wind farm operations.

Plus most wind farms are located in remote regions, small back-up diesel generators are needed for basic requirements at the site offices. Therefore, it has opted for solar panels.

The installed panels are approximately equivalent to a 10KVA diesel generator set. On an average a 10 KVA diesel set runs for 20 hours a day incurs annual operation and maintenance cost of Rs 4 lakh, while the cost of the solar panels and installations is about Rs 4.5 lakh. The project pays for itself approximately in a year’s time.

Mr Rohit Modi, President (India), Suzlon Energy Ltd, said, “This project is another step forward in our commitment to powering a greener, emission free future, and we aim to replicate this initiative across our sites in the country,” he said in a press release.


Source: Hindu Business Line (February 19, 2009 - 11:08 PM EST)

[UH1d]

2ND LD: Japan eyes new purchasing scheme to promote solar power

TOKYO, Feb. 24, 2009 (Kyodo News International) --
(Editors: ADDING LAST 5 GRAFS)

Japan is considering requiring utility companies to purchase surplus electricity generated from solar power (OTCBB:SOPW) generation systems at a predetermined price for 10 years, starting as early as in the fiscal year beginning in April, the industry ministry said Tuesday.

In an effort to encourage the use of renewable energy sources and stimulate the flagging economy, the government aims to introduce a so-called feed-in tariff scheme, under which owners of solar power generation systems connected to the grid will be paid at a premium rate.

The Ministry of Economy, Trade and Industry said it is considering initially setting the premium rate at around 50 yen per kilowatt hour for extra power produced by a household equipped with a photovoltaic power system, up from 24 yen per kilowatt hour on the average such energy is currently being sold on the market.

The new system will help households, companies and public facilities to recover the initial cost of installing solar power generation systems, officials at the ministry said.

But, on the other hand, it will lead to an increase in electric bills to be paid by power users without such facilities as utilities will pass the higher cost of purchasing the power on in electricity charges.

Japan is trying to limit the increase in electricity bills power users must shoulder for the new system below 100 yen per month on average, which is cheaper than in Germany, the world's frontrunner in using the feed-in tariff model, the officials said.

Japan's premium rate has been decided to enable those who will set up solar power generation systems to collect their initial expenses over 15 years, the officials said.

If solar power becomes more popular in Japan, the setup cost -- 2.5 million yen on average currently for a household -- will decrease so that the premium rate will also likely become smaller in stages, they said.

To realize the purchasing system at an early date, the ministry is planning to propose necessary legal changes to the ongoing Diet session, the officials said.

The introduction should be made by fiscal 2010 at the latest, they said.

''The next three to five years will be critical to improve price competitiveness of solar power,'' industry minister Toshihiro Nikai said at a news conference. ''To do this, we have to secure participation, understanding and cooperation of all the people'' as the system will also be important to tackle climate change.

Nikai said he informed the Federation of Electric Power Companies of Japan about the plan on Tuesday morning.

During a meeting with Nikai, federation head Shosuke Mori said the power industry will cooperate for the establishment of the purchasing system, according to the federation.

Germany has unseated Japan from the top position in the world as a solar power producer, encouraged by the introduction of the purchasing scheme for renewable energy sources in the 1990s.

In recent years, Europe's annual production of solar cells has been expanding at a rapid pace, threatening a strong presence in the global market enjoyed for a long time by many Japanese manufacturers.

Last year, Japan set a target of expanding the amount of solar power generation by 10 times the current level in 2020 and 40 times in 2030.

In January, the government resumed a subsidy program on solar energy for the first time in three years.

If certain conditions are met, 70,000 yen will be provided in subsidies for each kilowatt of generation capacity when installing residential solar power generation systems.

Source: Kyodo News International (February 24, 2009 - 4:48 PM EST)

News by QuoteMedia

[UH1d]

February 26, 2009 - 10:11 PM EST

Tohoku Electric Power to build mega solar power plants

SENDAI, Feb. 26, 2009 (Kyodo News International) -- Tohoku Electric Power Co. (OOTC:TEPCY) said Thursday it will build two mega solar power (OTCBB:SOPW) plants in Aomori and Miyagi prefectures as part of efforts to cope with global warming.

President Hiroaki Takahashi said at a press conference that the company plans to start construction of a 1,500-kilowatt plant in Aomori and a 2,000-kw plant in Miyagi in fiscal 2010 and to begin operations in fiscal 2012.

The utility plans to introduce mega solar plants generating about 10,000 kw in total by fiscal 2020 and to choose construction sites for other plants to generate 6,500 kw in total in Fukushima and other prefectures.

The Aomori plant will be built in the compound of Tohoku Electric Power's Hachinohe thermal power plant in Hachinohe and the Miyagi plant in the compound of its Sendai thermal power plant in the town of Shichigahama.

The two plants combined will be able to provide power for around 1,100 households, reducing carbon dioxide emissions by about 1,800 tons a year.

[UH1d]

Sharp to sell solar power systems applicable to various roofs

OSAKA, Mar. 3, 2009 (Kyodo News International) -- Sharp Corp. said Tuesday it will release a home-use solar power (OTCBB:SOPW) generation system in April that can be installed on a wide range of roof shapes with various roof surface areas.

The system has adopted a ''Roofit Design'' system that enables efficient installation of photovoltaic modules even on small roofs and on roofs with complex shapes, where installation has been difficult with conventional systems, Sharp said.

Among its features, the new device boosts installed system output by an average 24 percent in comparison with Sharp's predecessor model, it said.

Sharp expects the market for residential solar power generation systems to grow greatly in Japan under a government subsidiary program reintroduced in January.

The Osaka-based company will start selling its new system in Tokyo in April when the Tokyo metropolitan government is due to introduce its own subsidy program.

Sharp will offer two types of the new system -- JH-S9L11 and JH-L9L12 with rated power outputs of 2.5 and 3.5 kilowatts, respectively, at suggested retail prices of 247,800 and 313,950 yen.

Monthly production of the JH-S9L11 and JH-L9L12 is projected at 300 and 150 units, respectively.

Source: Kyodo News International (March 3, 2009 - 5:06 PM EST)

News by QuoteMedia

[UH1d]

May 04, 2009 06:00 AM Eastern Daylight Time
Solar Power, Inc. Completes One of Georgia’s Largest Solar Systems and Second Solar Site for Cox Enterprises

Solar Power, Inc. Helps Advance Company’s “Cox Conserves” Sustainable Initiative Nationwide

ROSEVILLE, Calif.--(BUSINESS WIRE)--Solar Power, Inc. (“SPI”) (OTCBB:SOPW) has completed the installation of another photovoltaic (“PV”) energy system for Cox Enterprises, Inc. at its Manheim DRIVE Center facility. The facility is a first-of-its-kind innovation center for automotive remarketing consisting of 165,000 square feet of space that serves as a place for the company to test new ideas and technologies, as well as for events and training sessions. The site also processes the sales of 1,100 automobiles per day through live and video auctions. The innovation and auction facility is located in Stockbridge, Georgia. According to Georgia Power, the 112 kilowatt DC (“kW”) system will be the largest commercial photovoltaic solar system in the state of Georgia.

This is the second in a series of PV solar systems SPI has designed and installed for Cox Enterprises, and also represents another major stride for the Cox national environmental initiative, Cox Conserves. Cox Enterprises put the company-wide sustainability initiative in place to reduce the company’s carbon footprint or greenhouse gas emissions 20% by the year 2017. The initiative also calls for 10% of companywide electric energy to come from renewable energy forms. PV solar plays an important role in helping the company achieve its goals.

“We are very happy to continue working with Cox Enterprises as they roll out their national program embracing sustainable and renewable practices. This is the second major system we have executed for them and we have similar projects underway to help them further advance their Cox Conserves initiative,” said Bradley Ferrell, President of Solar Power, Inc.’s commercial development division. “Cox Enterprises is a leader among the growing number of corporations who have begun to embrace and deploy sustainability initiatives and lead by example in the process. It is a privilege to continue to work with the Cox team as we help them achieve their economic goals and environmental initiatives through photovoltaic solar systems at their facilities across the United States.”

The 112 kW system is Cox Enterprises’ second commercial-grade photovoltaic installation and features 560 200-watt roof-mounted solar modules covering 10,000 square feet, and a highly efficient 95-kilowatt inverter. “Just as when we installed the 100.8 kW system for the company’s Cox Communications division cable telecommunications facility in Rancho Santa Margarita, California, we worked closely with the Cox team to ensure a seamless integration of the system without any interruption in operations. We were able to complete both of these projects on time and on budget,” said Ferrell. “We look forward to identical outcomes for additional projects as we continue to work together toward advancement of their Cox Conserves program throughout all of their areas of operation across the country,” Mr. Ferrell concluded.

About Solar Power, Inc.:

Founded in 2005, Solar Power, Inc. is a vertically integrated solar energy solution provider offering the North American commercial and public sector building markets a complete solution through a single brand. The company’s Yes! Solar SolutionsTM subsidiary provides the U.S. small- to mid-sized business and residential market segments with turnkey PV solar systems through a growing retail franchise network. Throughout Europe and Asia, the company sells its products direct to distributors and turnkey solutions providers. Solar Power, Inc. operates from its Roseville, California headquarters.

Safe Harbor Statement:

This release contains certain “forward-looking statements” relating to the business of Solar Power, Inc., its subsidiaries and the solar industry, which can be identified by the use of forward-looking terminology such as “believes, expects” or similar expressions. The forward-looking statements contained in this press release include statements regarding the Company’s ability to execute its growth plan and meet revenue and sales estimates, enter into formal long-term supply agreements, and market acceptance of products and services. These statements involve known and unknown risks and uncertainties, including, but are not limited to, general business conditions, managing growth, and political and other business risk. All forward-looking statements are expressly qualified in their entirety by this Cautionary Statement and the risks and other factors detailed in the Company's reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities law.

Contacts

[R-BgO]

Antwort auf Beitrag Nr.: 37.088.674 von UH1d am 04.05.09 12:04:26

Du bist immer sehr schnell mit dem Posten!

Hast Du irgendeine besondere Beziehung zu dem Laden?

[R-BgO]

03.06.2009 12:04
Solar Power, Inc. Sells Two More Yes! Solar SolutionsTM Franchise Territories. Celebrates Grand Opening of First East Coast Energy Outlet.

Bozeman, Montana and Pueblo, Colorado to Be Served by the Two Newest Yes! Solar Solutions Energy Outlets.

Yes! Solar, Inc., a wholly owned subsidiary of Solar Power, Inc. (OTCBB:SOPW), announced today that it has executed franchise agreements for two additional territories within the states of Colorado and Montana. The newest territories in the Yes! Solar SolutionsTM retail network of are located within Pueblo, Colorado and Bozeman, Montana. The two territories extend national coverage of the growing retail solar franchise network and will introduce the Company’s unique solar energy offerings to approximately 95,000 homeowners as well as the many small businesses within these territories.

The Bozeman, Montana franchise will be operated by owners John and Theresa Huyser, long-time residents of the area. Theresa will manage sales and marketing, while John will focus on managing day-to-day operations. ”We look forward to providing our friends, families and the community where we live with a clean, reliable and cost-effective alternative to utility-sourced electricity,” said Ms. Huyser. ”The Yes! Solar Solutions franchise business model is a perfect fit for us and our environmentally minded community members.” The Bozeman franchise territory harbors approximately 50,000 owner occupied dwellings and numerous businesses throughout its territory where many residents are engaged in leading green lifestyles.

The Yes! Solar Solutions Pueblo, Colorado territory will be operated by Harvestech, LLC, which is owned by Jared Johnson and Robert Harford. Mr. Johnson is President of Harvestech, LLC and will serve as General Manager of the Yes! operation. Mr. Harford will manage sales efforts. ”We will be serving an area that harbors approximately 45,000 owner-occupied homes in a state that offers very generous incentive programs to mitigate rising electricity costs,” said Mr. Johnson. ”This Yes! Solar Solutions franchise provides us with a true win-win offering. We are providing the resident of the communities we will be serving with a means to become energy independent while they realize cost benefits and help the environment,” Mr. Johnson concluded.

Both of these Yes! Solar Solutions franchisees are scheduled to begin operations in June, 2009.

In related Yes! franchise developments, Yes! Solar Solutions of the Triangle, North Carolina held its grand opening on May 2 to a warm reception by the local community. The newest energy outlet in the Yes! Solar Solutions franchise network received a great turnout of visitors to their energy outlet’s celebration. ”We have a terrific location in the heart of Cary and we couldn’t be more pleased with the way our grand opening went,” said Kathy Miller, one of the partners of the Cary, North Carolina Yes! energy outlet. ”Our store looks beautiful and is doing a wonderful job showcasing the many benefits a Yes! home energy system delivers.”

”These two recent additions and the opening of our Cary, North Carolina extend our national reach and add to the experienced group of business professionals operating our energy outlets,” said Jeff Pontius, Executive Vice President for Yes! Solar, Inc. ”We look forward to serving the home and business owners within our expanding reach with our solar energy system solutions and a growing number of solar product innovations.” Yes! Solar, Inc. is actively seeking franchisees across the nation to serve a growing interest in and demand for residential and commercial solar energy solutions.

About Yes! Solar, Inc.

Yes! Solar, Inc., DBA Yes! Solar Solutions, is a wholly owned subsidiary of Solar Power, Inc. (OTCBB: SOPW). Founded in 2005, Solar Power, Inc. designs and manufactures its own products, including solar modules and racking and mounting systems. The company also designs and builds both large-scale commercial systems and residential solar systems for the U.S. market. Yes! Solar Solutions offers the U.S. residential and medium to small-sized business market segments turnkey solutions through a single brand. The Yes! Web site can be visited at www.yessolarsolutions.com. Solar Power, Inc. can be visited at its web site at www.solarpowerinc.net.

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08.06.2009 14:35
Aerojet and Solar Power, Inc. Announce 3.5 Megawatt Solar Installation at Aerojet's Sacramento Site / Aerojet project will be one of the largest industrial installations in the U.S.

ROSEVILLE, Calif. and SACRAMENTO, Calif., June 8 /PRNewswire-FirstCall/ -- Aerojet, a GenCorp company, and Solar Power, Inc. ("SPI")(OTC Bulletin Board: SOPW) announced jointly today that they have entered into an agreement to build a 3.5 megawatt solar system at Aerojet's Sacramento, California facility. The site is located within the Sacramento Municipal Utility District (SMUD).

This is the first solar system Aerojet has installed and it is a significant part of the company's environmental and sustainability initiatives. During its first year of use, the Aerojet system is expected to offset approximately 4,200 tons of carbon dioxide, 16.7 tons of sulfur dioxide and approximately 6.5 tons of nitrogen oxide that would have otherwise been produced using fossil fuel power production. The first-year net clean energy benefits equate to offsetting approximately 8,270,000 car miles driven or the clean air benefits realized from planting 976,520 trees. With a system life expectancy of 25 years, the cumulative life-cycle environmental offsets for a system of this scope are significant.

All of the power generated by the system will be utilized by Aerojet operations. "The electricity created by this solar facility provides over 20% of the power required to operate our extensive groundwater remediation program," said Scott Neish, president of Aerojet. "This initiative is a major step in our efforts to help the environment, reduce our carbon footprint, and return approximately 20 acres of our significant land holdings in the Sacramento area to beneficial use."

The solar array will be ground mounted utilizing a single-axis tracking system, designed to follow the course of the sun throughout the day to maximize electricity production. The solar array will consist of approximately 18,000 SPI 200 watt modules mounted atop 12 tracking arrays, covering more than 20 acres of the Aerojet site, which is located approximately 10 miles from the California state capitol.

"During the RFP process we competed with most of the major U.S. solar firms for this project. We are very proud to have been selected and we look forward to working with the Aerojet and SMUD teams throughout the project's execution," said Steve Kircher, CEO of Solar Power, Inc. "The Aerojet installation will be one of the largest single-site industrial installations in the U.S., and to have it take place here, in close proximity to our international headquarters, where so many of our employees live makes it even more important to us. The system will serve Aerojet and our community; it will be installed by people from our region and will help to improve our environment."

Installation of the 3.5 megawatt system is expected to be completed in November of this year. SMUD is scheduled to interconnect the system to the power grid in November as well. "SMUD is a utility solar pioneer here to provide energy solutions and a sustainable energy future for our customers," said John DiStasio, SMUD general manager and CEO. "We look forward to working with both Solar Power, Inc. and Aerojet as this project comes to fruition."

About Solar Power, Inc.:

Founded in 2005, Solar Power, Inc. is a vertically integrated solar energy solution provider offering the North American commercial and public sector building markets a complete solution through a single brand. The company's Yes! Solar Solutions(TM) subsidiary provides the U.S. small- to mid-sized business and residential market segments with turnkey PV solar systems through a growing retail franchise network. Throughout Europe and Asia, the company sells its products direct to distributors and turnkey solutions providers. Solar Power, Inc. operates from its Roseville, California headquarters.

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18.06.2009 17:46
Solar Power, Inc. Enters Into Agreement with Australian Solar Developer, Beyond Building Systems to Purchase Solar Modules

Exclusive Two-Year Supply Agreement Calls for a Minimum of 5.7 Megawatts of Solar Power, Inc.’s Modules with Shipments to Begin Immediately

Solar Power, Inc. (”SPI”) (OTCBB:SOPW) announced today that it has entered into an exclusive agreement with the Australian solar developer Beyond Building Systems Pty Ltd. (”BBS”) for the purchase of SPI’s 170 - 220-watt solar modules. The agreement provides BBS with exclusive access to SPI’s highly rated panels for use throughout Australia. The two-year supply agreement calls for a minimum purchase of 5.7 megawatts of SPI modules with shipments commencing in June.

”We are very pleased to engage with Beyond Building Systems as a key supplier of solar modules for their projects as they work toward meeting the demands of the growing solar market throughout Australia,” said Bradley Ferrell, President of SPI’s commercial sales division. ”Our relationship supports the significant growth objectives BBS has in order to meet the installation demands of Australia’s national Solar Neighborhoods program,” Mr. Ferrell concluded. The agreement with Beyond Building Systems marks SPI’s entry into the Australian photovoltaic solar market as the company continues to expand its international presence.

”Our company’s remains focused on deploying high-quality solar solutions into Australia’s growing solar market,” said Henrih Horthy, CEO of Beyond Building Systems. ”Solar Power, Inc. and Beyond Building Systems share common core values and a commitment to high-quality products. These are key attributes we look for in a strategic relationship. We look forward to a long and successful relationship with the Solar Power, Inc. team.”

Beyond Building Systems is located in Byron Bay Australia. The company’s mission is to build affordable, high quality, energy efficient housing and infrastructure, fully equipped to meet the global challenges of an ecologically and economically sustainable future. Renewable energy has been featured as an integral part of the design of their new homes since the company’s inception. Beyond Building Systems operates across Australia and in the USA, Pacific Rim and Asia.

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SPI signs 2MW module supply deal with Bayer and Raach
16 June 2009 | By Síle Mc Mahon | News > PV Modules

Solar Power, Inc. (SPI) has completed a supply agreement for a total of 2MW of solar modules with Germany-based residential and commercial solar installers Bayer and Raach. SPI will supply 1MW of 200W panels and 1MW of its proprietary SkyMount commercial mounting systems for minimal commercial rooftop applications. The cost and delivery times of the agreement were not disclosed.

“We look forward to providing the Bayer and Raach team with our products. They have built a superb reputation on the quality of their installations throughout their market area. We are very pleased to have our products become an integral part of the systems they are building,” said Bradley Ferrell, President of SPI’s Commercial Sales Division.

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13.07.2009 12:03
Solar Power, Inc. and Aerojet Launch Employee Solar Discount Program, Extending GenCorp’s Sustainability Initiative

Aerojet’s Sacramento Employees Will Receive Generous Discounts on Yes! Solar SolutionsTM Solar Home Energy Systems

Solar Power, Inc. (”SPI”) (OTCBB:SOPW) and Aerojet, a GenCorp (NYSE:GY) company, announced jointly today that they have launched a discount program on photovoltaic (”PV”) solar home energy systems for employees of Aerojet’s operations in Sacramento. The Aerojet Solar Advantage Program will be serviced by Yes! Solar SolutionsTM, a wholly owned subsidiary of Solar Power, Inc. and will provide Aerojet employees with a special discount on SPI’s proprietary line of Yes! Solar Solutions integrated home energy systems. When coupled with the current Federal Investment Tax Credit and California Solar Initiative rebate, the discount reduces the total system cost by up to 60%, providing the 1,600 Sacramento Aerojet employees with cost-effective opportunities for reducing or eliminating home electricity costs.

In addition to helping employees mitigate rising electricity costs, the program also provides a way for Aerojet to indirectly extend the environmental benefits produced by its 3.5 megawatt solar system, currently under construction. During its first year of use, the Aerojet system is expected to offset approximately 4,200 tons of carbon dioxide, 16.7 tons of sulfur dioxide and approximately 6.5 tons of nitrogen oxide that would have otherwise been produced using fossil fuel power production. The first-year net clean energy benefits equate to offsetting approximately 8,270,000 car miles driven or the clean air benefits realized from planting 976,520 trees. With a system life expectancy of 25 years, the scope of this project will yield major cumulative life-cycle environmental offsets.

”The Aerojet Solar Advantage Program is a significant addition to both our sustainability initiative and our employee benefits offering,” said Scott Neish, President of Aerojet. ”By providing our Sacramento employees with access to discounted solar systems for their homes, we are extending to them our Company’s commitment to solar energy solutions, while also providing them with a deeply discounted hedge against rising electricity costs. This program is a win-win for all involved.” Under the sustainability initiative, Aerojet has decreased the Company’s carbon footprint by instituting initiatives to track and improve energy usage and transportation practices, and is implementing conservation measures and recycling programs at many of their facilities across the country. Aerojet has also established a sustainability council comprised of employees from all Aerojet locations to evolve the sustainability program.

”We are not aware of another employee program like this in the U.S.,” said Steve Kircher, CEO of Solar Power, Inc. ”It is a pleasure to work with a forward thinking company like Aerojet to develop and launch this innovative program. As more businesses around the world follow their example and adopt sustainability initiatives, providing employees access to discounted renewable energy to power their homes will no doubt become a more widely implemented form of employee benefit.”

Installation of Aerojet’s 3.5 megawatt system is now underway and on track for completion in November of this year.

About Solar Power, Inc.:

Founded in 2005, Solar Power, Inc. is a vertically integrated solar energy solution provider offering the North American commercial and public sector building markets a complete solution through a single brand. The company’s Yes! Solar SolutionsTM subsidiary provides the U.S. small- to mid-sized business and residential market segments with turnkey PV solar systems through a growing retail franchise network. Throughout Europe and Asia, the company sells its products direct to distributors and turnkey solutions providers. Solar Power, Inc. operates from its Roseville, California headquarters.

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13.08.2009 22:09
Solar Power, Inc. Announces Second Quarter 2009 Financial Results

Solar Power, Inc. (OTCBB:SOPW), a vertically integrated international designer, manufacturer and marketer of photovoltaic (PV) modules and balance-of-system components and installer of PV solar electric systems for U.S. commercial, public and residential customers today announced results for the second quarter and six months ended June 30, 2009.

Second Quarter of 2009 Results:

Net sales for the second quarter of 2009 were $10.4 million compared to $10.0 million in net sales in the second quarter of 2008. Gross profit for the second quarter of 2009 was $1.6 million, or 14.9% of sales, compared to $1.4 million, or 13.8% of sales, for the second quarter of 2008. Operating expenses for the second quarter of 2009 were $3.2 million (30.4% of sales) compared to $3.3 million (33.0% of sales) for the same period last year. Other expenses, net, including interest and taxes were $21 thousand. Net loss for the second quarter of 2009 was $1.6 million, or $0.04 per basic and diluted share, compared to a net loss of $1.9 million, or $0.05 per basic and diluted share, in the second quarter of 2008. Weighted average number of common shares outstanding used in computing basic and diluted per share amounts for the three months ended June 30, 2009 and 2008 were 37,940,529 and 37,679,721, respectively.

Six Months Ended June 30, 2009 Results:

Net sales for the six months ended June 30, 2009 were $16.2 million compared to $15.9 million in net sales in the comparative period of 2008. Gross profit for the six months ended June 30, 2009 was $2.2 million, or 13.5% of sales, compared to $1.4 million, or 8.9% of sales, for the comparative period of 2008.

Operating expenses for the six months ended June 30, 2009 were $6.5 million (40.0% of sales) compared to $6.1 million (38.6% of sales) for the same period last year. Other expenses, net, including interest and taxes were $40 thousand. Net loss for the six months ended June 30, 2009 was $4.3 million, or $0.11 per basic and diluted share, compared to a net loss of $4.7 million, or $0.12 per basic and diluted share, in the comparative period of 2008. Weighted average number of common shares outstanding used in computing basic and diluted per share amounts for the six months ended June 30, 2009 and 2008 were 37,927,320 and 37,637,129, respectively.

Balance Sheet:

Assets included cash and cash equivalents at June 30, 2009 of $3.4 million and accounts receivable (net) and costs and estimated earnings in excess of billings of $7.5 million. Inventory was $6.6 million. Total assets were $21.3 million while total liabilities were $15.7 million. Common shares outstanding at June 30, 2009 were 37,943,826.

Recent Company Highlights:

* The Company began installation on the 3.5 megawatt P.V. system at Aerojet in Rancho Cordova, CA. The first year environmental benefits of this system equate to offsetting approximately 8,270,000 car miles driven or the clean air benefits realized from planting 976,520 trees.
* Solar Power, Inc. extended its global sales of its solar products to Europe and Australia and signed sales representation agreements with agents in the Balkans and Greece.
* The Company completed one of Georgia’s largest solar systems and the second solar site for Cox Enterprises.
* Utilizing 3,300 173-watt Solyndra panels, the Company was awarded, and began installation of its first Solyndra solar system at Costco in New Jersey with completion scheduled for the third quarter of 2009.
* Two of the Company’s 200-watt modules were ranked number one and number two in comparative performance ratings awarded by the California Energy Commission (”CEC”). In April of 2009, Solar Power Inc. announced another of its 200-watt modules had been ranked number three by the CEC.

Management Comments:

”The second quarter of 2009 began to show the improvements in the solar market that we have been planning for,” said Steve Kircher, CEO of Solar Power, Inc. ”The lack of available credit in the second quarter continued to make solar projects requiring financing difficult to complete. In spite of this, we successfully sold products and projects for cash into the solar markets and due to favorable pricing trends in silicon we were also able to increase our gross margin.”

”We commenced construction on our 3.5 megawatt project at Aerojet and our 500 kW system for Costco using Solyndra modules. That job will be completed in the third quarter,” Mr. Kircher continued.

”Our international business development strategy continues to make solid progress. We continue to increase our base of customers. We shipped to 2 new international customers over the second quarter in addition to shipments made to existing customers. These products consist of both our highly rated solar modules and our proprietary racking systems,” Mr. Kircher pointed out. ”We also added additional sales representatives in Australia, Greece and the Balkans to bolster our international presence.”

”In addition,” Mr. Kircher stated, ”we have initiated entry into utility-scale projects by optioning some properties that should develop nicely into this market segment and help create better visibility over the next few years for large-scale growth.”

”We also are repositioning our sales strategy for our Yes! residential systems by moving towards a distribution model selling directly to third-party integrators and/or through distribution networks across the U.S.” Mr. Kircher said, ”With the favorable solar subsidies available throughout the U.S. on the residential front, we have decided that we can ramp revenues much faster through this model than through a traditional franchise system.”

”We continue to focus on delivering top-line growth with increasing margins by executing on our high-quality, low-cost manufacturing expertise. The solar industry appears to be well situated for growth and we continue to add opportunities to our expanding pipeline of business,” Mr. Kircher concluded.

2009 Outlook:

Despite tight credit markets and economic slowdown in both the commercial and residential channels, the Company expects revenues to grow throughout the balance of the year as solar incentives in the U.S. market and new financing programs for both residential and commercial customers become available. Based on first half financial results, current and anticipated commercial installations, and anticipated product sales to international markets, the Company revises its projected revenues to $60 to $70 million for 2009.

Conference Call Information:

The conference call will take place at 4:30pm EDT on Thursday, August 13, 2009. Interested participants should call 1-877-941-8632 when calling within the United States or 1-480-629-9821 when calling internationally.

A playback will be available through August 20, 2009. To listen, please call 1-800-406-7325 within the United States or 1-303-590-3030 when calling internationally. Utilize the pass code 4134647 for the replay.

This call is being webcast by ViaVid Broadcasting and can be accessed by clicking on this link http://viavid.net/dce.aspx?sid=000068A6, or visiting www.solarpowerinc.net, or at ViaVid's website at www.viavid.net, where the webcast can be accessed through May 21, 2009.

About Solar Power, Inc.:

Founded in 2005, Solar Power, Inc. is a vertically integrated solar energy solution provider offering the North American commercial and public sector building markets a complete solution through a single brand. The Company’s Yes! Solar SolutionsTM subsidiary provides the U.S. small- to mid-sized business and residential market segments with turnkey PV solar systems through a growing dealer distribution network. Throughout Europe, Australia and Asia, the Company sells its products direct to distributors and turnkey solutions providers. Solar Power, Inc. operates from its Roseville, California headquarters.

Safe Harbor Statement:

The earnings release and conference call may contain certain "forward-looking statements" relating to the business of Solar Power, Inc., its subsidiaries and the solar industry, which can be identified by the use of forward looking terminology such as "believes, expects" or similar expressions. The forward looking statements contained in this press release include statements regarding the Company's ability to execute its growth plan and meet revenue and sales estimates. These statements involve known and unknown risks and uncertainties, including, but are not limited to, general business conditions, managing growth, and political and other business risk. All forward-looking statements are expressly qualified in their entirety by this Cautionary Statement and the risks and other factors detailed in the Company's reports filed with the Securities and Exchange Commission. Solar Power, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities law.

SOLAR POWER, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(in thousands, except for share data)

As of June 30, 2009 (unaudited) As of December 31, 2008 (audited)


ASSETS

Current assets:
Cash and cash equivalents $ 3,356 $ 5,915
Accounts receivable, net of allowance for doubtful accounts of $275 and $49 at June 30, 2009 and December 31, 2008, respectively 7,041 3,010
Costs and estimated earnings in excess of billings on uncompleted contracts 430 294
Inventories, net 6,583 4,665
Asset held for sale 138 -
Prepaid expenses and other current assets 751 771
Restricted cash 527 527
Total current assets 18,826 15,182

Goodwill 435 435
Restricted cash 273 -
Property, plant and equipment at cost, net 1,769 2,178
Total assets $ 21,303 $ 17,795


LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:
Accounts payable $ 11,754 $ 3,916
Accrued liabilities 2,968 3,058
Income taxes payable 249 248
Deferred revenue 184 -
Billings in excess of costs and estimated earnings on uncompleted contracts 21 160
Loans payable and capital lease obligations 337 342
Total current liabilities 15,513 7,724
Loans payable and capital lease obligations, net of current portion 142 311
Deferred revenue - 125
Total liabilities 15,655 8,160

Commitments and contingencies - -

Stockholders' equity
Preferred stock, par $0.0001, 20,000,000 shares authorized,
none issued and outstanding at June 30, 2009 and December 31, 2008 - -
Common stock, par $0.0001, 100,000,000 shares authorized,
37,943,826 and 37,771,325 shares issued and outstanding at June 30, 2009 and December 31, 2008, respectively 4 4
Additional paid in capital 28,362 28,029
Accumulated other comprehensive loss (222 ) (222 )
Accumulated deficit (22,496 ) (18,176 )
Total stockholders' equity 5,648 9,635
Total liabilities and stockholders' equity $ 21,303 $ 17,795

SOLAR POWER, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(in thousands, except for share data)




For the Three Months Ended For the Six Months Ended
June 30, 2009 (unaudited) June 30, 2008 (unaudited) June 30, 2009 (unaudited) June 30, 2008 (unaudited)

Net Sales $ 10,414 $ 10,046 $ 16,195 $ 15,879
Cost of goods sold 8,859 8,663 14,007 14,464
Gross profit 1,555 1,383 2,188 1,415

Operating expenses:
General and administrative 2,134 2,545 4,436 4,675
Sales, marketing and customer service 837 633 1,635 1,191
Engineering, design and product management 193 135 399 268
Total operating expenses 3,164 3,313 6,470 6,134

Operating loss (1,609 ) (1,930 ) (4,282 ) (4,719 )

Other income (expense):
Interest expense (16 ) (48 ) (28 ) (74 )
Interest income 1 66 5 105
Other income, net (6 ) 5 (12 ) 6
Total other income (21 ) 23 (35 ) 37

Loss before income taxes (1,630 ) (1,907 ) (4,317 ) (4,682 )

Income tax expense - - 3 3

Net loss $ (1,630 ) $ (1,907 ) $ (4,320 ) $ (4,685 )


Net loss per common share:
Basic and diluted $ (0.04 ) $ (0.05 ) $ (0.11 ) $ (0.12 )

Weighted average number of common shares used in computing per share amounts
37,940,529 37,679,721 37,927,320 37,637,129

Contacts:

Solar Power, Inc.
Stephen C. Kircher, 916-745-0900
CEO
or
HC International, Inc.
Ted Haberfield, 760-755-2716
Vice President
[e-mail]

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Solar Power Inc. on Thursday reported the company had a second-quarter loss of $1.6 million, and is changing its sales strategy, moving away from a traditional franchise system and toward a distribution model in which it will sell directly to third-party integrators and other distributors.

The net loss totaled $1.6 million for the quarter, or 4 cents a share -- a slightly smaller loss than the $1.9 million loss for second-quarter 2008.

The Roseville-based company reported a loss of $4.3 million for the first six months of the year, down from a net loss of nearly $4.7 million for the same six months of 2008.

Revenue in the second quarter rose slightly to $10.4 million, compared to $10 million in the year earlier period, and close to double Solar Power’s first-quarter revenue of $5.8 million. Revenue for the first six months of the year was about $6.5 million, up from $6.1 million in the first six months of last year.

Founded in 2005, Solar Power designs, manufacturers and markets solar modules and components, and installs solar electric systems for U.S. commercial, public and residential customers. The company installs home solar systems through its wholly owned subsidiary, Yes Solar Solutions. Yes has a store in Roseville and a handful of franchisees.

In a news release, Solar Power chief executive officer Steve Kircher said the company is repositioning its sales strategy.

“With the favorable solar subsidies available throughout the U.S. on the residential front, we have decided that we can ramp revenues much faster through this model than through a traditional franchise system,” Kircher said, referring to the distribution model.

He said roofers and integrators are looking for “a high-quality product like ours,” and the franchise model is expanding slower than the company anticipated.

The company began work in the second quarter on a 3.5-megawatt system at Aerojet in Rancho Cordova, a division of rocket manufacturer GenCorp Inc. (NYSE: GY), and a 173-watt system at Costco in New Jersey.

Given these projects, and a growing number of repeat customers — mostly dealers and distributors — the company projects revenues for the year to reach as high as $70 million.

Solar Power (OTCBB: SOPW) shipped products to two international customers in the quarter, and added sales representatives in Australia, Greece and the Balkans.

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25.09.2009 12:03
Solar Power, Inc. Selects CleanTech IR for Investor Relations

Solar Power, Inc. (”SPI”) (OTCBB:SOPW) announced today that it has retained CleanTech IR, Inc. to serve as its investor relations firm. CleanTech IR will work with Solar Power, Inc. to develop a program focused on shareholder communications and increasing visibility within the investment community.

”With the current rate of growth in the renewable energy industry, this is the right time for us to generate broader visibility in the investment community and among financial media. Our immediate goals are to increase our Company’s trading liquidity and valuation. We selected CleanTech IR because of their focus in our sector and their network of contacts in the investment community,” Stephen Kircher, Chief Executive Officer of Solar Power, Inc. stated.

CleanTech IR, Inc. Principal, Brion D. Tanous said, ”Solar Power, Inc. is uniquely positioned to grow rapidly within this large market opportunity. We believe their industry-leading solar modules and patented racking technology, coupled with the firm’s design and integration capabilities has positioned Solar Power, Inc. for accelerated growth over the next several years.”

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Solar Power, Inc. announces $12,000,000 Private Placement


Posted by Debasish Choudhury on 24 September 2009 at 04:04

Solar Power, Inc. announced today that it has entered into definitive agreements with institutional and accredited investors with respect to a private placement with gross proceeds of approximately $12,000,000 before payment of placement agent commissions and offering expenses. “The Company intends to use the net proceeds from this financing for general corporate purposes, including working capital,” Stephen Kircher, Chief Executive Officer of Solar Power, Inc. stated. “Our pipeline of opportunities has grown significantly in all of our vertical sales channels. This additional equity will allow us to capitalize on these opportunities and continue our business growth.”

Deutsche Bank served as sole placement agent for the transaction and WI Harper was the lead investor. WI Harper is a venture capital firm that invests in expansion stage companies with significant operations in Greater China.

The securities offered in the private placement have not been registered under the Securities Act of 1933, as amended (the “Securities Act”) and were sold in a private placement transaction in reliance on Section 4(2) of the Securities Act. Accordingly, the securities acquired in the private placement may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

In connection with this financing, Solar Power has agreed to prepare and file a registration statement covering the resale of the common stock purchased by the investors in the private placement. This press release does not constitute an offer to sell, or the solicitation of an offer to buy, any securities discussed herein, nor may there be any sale of the securities in any jurisdiction in which such offering would be unlawful.

For additional information, please refer to Solar Power’s current report on Form 8-K to be filed with the Securities and Exchange Commission with respect to this transaction.

For more information about Solar Power, Inc., visit: www.solarpowerinc.net.

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Solar Power, Inc. to host press conference prior to dedication ceremony for 3.5 MW Aerojet system


Posted by Debasish Choudhury on 03 November 2009 at 08:22


Solar Power, Inc. announced today that it will host a luncheon on Tuesday, November 10, 2009 from 11:00 AM to 1:45 PM in Sacramento, California to provide industry analysts and investors with a corporate update presentation and Q&A session with SPI CEO and Chairman, Mr. Stephen Kircher. Additionally, an overview presentation on the Aerojet project will be given by Mr. Eric Hafter, President of SPI’s Commercial Construction Division. At 3.5 megawatts, covering more than 20 acres of Aerojet land, the system is one of the largest single-site industrial solar installations in the United States.

Immediately following the luncheon, SPI and Aerojet will jointly host a dedication ceremony and press conference at the site and unveil a permanent monument and visitation center for the installation site. The system is a major part of Aerojet’s environmental and sustainability initiative. “The Aerojet project, which has been one of the largest system installations in the U.S. this year, is the foundation of our growing portfolio of multi-megawatt projects,” said Mr. Kircher. “More importantly, the project has been successful for us and our client. Our team has executed the project on time, on target and on budget. I couldn’t be more pleased with the results,” Mr. Kircher concluded.

During its first year of use, SPI’s Aerojet system is expected to offset approximately 4,200 tons of carbon dioxide, 16.7 tons of sulfur dioxide, and approximately 6.5 tons of nitrogen oxide that would have otherwise been produced using fossil fuel power production. The first-year net clean energy benefits equate to offsetting approximately 8,270,000 automobile miles driven or the clean air benefits realized from planting 976,520 trees. With a system life expectancy of 25 years, the cumulative life-cycle environmental offsets for a system of this scope are significant.

Analysts and prospective investors interested in attending the luncheon and ceremony should contact Brion Tanous with CleanTech IR at [phone].

To know more about Solar Power, Inc., visit: www.solarpowerinc.net.

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Solar Power, Inc. Enters Sales Agreement With Spain's Annerher S.L. to Establish More Dealers



Agreement Extends Solar Power, Inc.'s Dealer Network to Spain and Portugal

Solar Power, Inc. ("SPI") (OTCBB:SOPW) announced today that it has signed a sales representation agreement with Annerher S.L. of Barcelona, Spain to establish Yes! Solar PowerTM dealers in Spain and Portugal. Under the terms of the agreement, Annerher will represent the Yes! Solar PowerTM dealer program and sales of the Company's Yes! Energy SeriesTM residential photovoltaic (PV) solar products and integrated solutions, as well as SPI's commercial solar solutions. Annerher S.L. will solicit dealerships throughout Spain and Portugal for the purpose of distributing SPI's PV solar product lines.

Annerher S.L. has been a distributor of renewable energy solutions since 2004 and has more than 73 megawatts of PV solar installed across its market territories. Annerher S.L. will begin selling SPI's products through its existing distribution network while establishing new dealers under the Company's Yes! Solar PowerTM dealer program in Spain and Portugal. The agreement advances Solar Power, Inc.'s European penetration into key solar markets. Historically, Spain has been a model market for the solar industry and this region of Europe. The Country continues to play an important role as the residential and small commercial market segments' adoption of solar energy solutions advances. Due to the Country's feed-in tariffs, Spain added more than three (3) gigawatts of new solar power in 2008 which was more than all of the new installations achieved globally in 2007. The Country's generous feed-in tariff program requires utilities to pay rates set by the Government under long-term contracts for solar-generated electricity. The rates for solar-generated electricity set by the Government are higher than those for conventional power, making the installation and operation of solar energy systems an attractive business opportunity for local project developers and, in turn, for SPI which will provide its high-performance solar panels, balance of system components and turnkey system solutions. Similarly, in Portugal, renewable energy generators are paid for every kilowatt of power they supply back to the grid. In addition, this region is one of Europe's sunniest areas with one of the highest yields of net annual hours of production for PV solar generation.

"Solar Power, Inc.'s agreement with Annerher S.L. represents exciting opportunities for both parties," said Bradley Ferrell, President of Business Development for Solar Power, Inc. "Annerher S.L. has a robust and growing distribution network for our products. More importantly, the feed-in tariffs for the Spanish and Portuguese markets offer significant growth opportunities in the residential and small commercial market segments for both Companies. Our products and unique turnkey solutions are an excellent fit for their current dealers, and will allow them to ramp sales to new dealer prospects throughout their market areas."

"Our Company's core mission is to provide high-quality, low-cost, innovative products and turnkey solar solutions to our growing network of dealers/installers," said Miguel Angel Rodriguez, General Director with Annerher S.L. "Solar Power, Inc. fits perfectly into our business model with high-quality, innovative solar products and turnkey solutions. We look forward to a long and successful relationship by leveraging the strengths both our Companies offer," Mr. Rodriguez concluded.

Solar Power, Inc. has multiple dealers and distributors in the United States and across Europe, Asia and Australia. The Company's Yes! Solar PowerTM dealer program provides dealers and distributors with SPI's high-quality products and integrated solutions sold in a kit form to qualified dealers. In addition, the Company also provides dealers with a full range of support services that includes system designs and build-ready plans. All of the Company's solutions feature Solar Power, Inc.'s high-performance solar panels which have been top ranked with the California Energy Commission.

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Thursday, March 11, 2010, 2:57pm PST
Solar Power Inc. delays earnings report
Sacramento Business Journal - by Melanie Turner Staff writer


Solar Power Inc. has rescheduled the release of its fourth quarter and fiscal year 2009 earnings until the company’s audit is complete, Solar Power announced Thursday.

The earnings results will now be released March 31.

The Roseville-based photovoltaic designer, manufacturer and marketer hosted a conference call Thursday to instead discuss recent business developments, including Sacramento County’s commitment to Solar Power of $24.7 million in federal stimulus funds, and Solar Power’s plans to expand its China-based manufacturing to Sacramento County and to build a 10-megawatt solar power system, also in the county.

Steve Kircher, chairman and chief executive officer for Solar Power Inc., said the company is “disappointed” it can’t deliver its earnings results just yet.

But he said “we continue to get more excited” about the company every day, and the company intends to be a “major player.”

Residential sales in Placer County are “exploding” in the wake of Assembly Bill 811. Signed into law by Gov. Arnold Schwarzenegger in July 2008, AB 811 allows cities and counties to create special assessment districts that provide the up-front cost of solar installations and energy-efficiency improvements through financing garnered by the sale of clean-energy bonds. Placer County, where Solar Power is based, recently approved a program under AB 811.

“We’re tracking toward doing in one quarter out of that (Roseville) store what we did all last year,” Kircher said. “It’s really, really exciting what’s going on at the residential level.”

Kircher noted that Solar Power is doing business now in Belgium, where it has 13 dealers, Spain and Australia.

Shares of Solar Power were up 1.83 percent to $1.11 in afternoon trading Thursday.

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Another day, another U.S. module factory: Solar Power, Inc. to build 50MW plant in Sacramento area
09 March 2010 | By Tom Cheyney | Chip Shots


In the words of the inimitable Yogi Berra, “it’s déjà vu all over again,” as yet another announcement has been made by a solar company about plans for a new PV module assembly plant in the United States. This time, Solar Power Inc., an up-and-coming vertically integrated firm based in Roseville, CA (with module manufacturing in Shenzhen, China), will build a 50MW factory on its home turf in Sacramento County. A big reason for the move is an initial pledge of $24.7 million in American Recovery and Reinvestment Act funds coming SPI’s way, in the form of an RZFB, or Recovery Zone Facility Bond from the county. SPI exec VP Jeff Pontius filled me in on some of the details.

The RZFB commitment was a critical factor in making our final decision to expand our manufacturing operations to California,” he replied in an email interview. “These funds will be used to develop the manufacturing facility and comprise a portion of the financing for the utility-scale PV solar system.”

The solar power system he alludes to will be a >10MW installation, which the company plans to design, engineer, and build in the Sacramento area. “This project is in the final stages of development with more specifics to be provided in the next 30-60 days,” he explained. “Construction will begin in the July timeframe, with interconnection projected to be in Q4 2010.” The value of the PV system will be in the neighborhood of $50 million, once completed.

The company recently saw the 3.6MW solar power system that it built for Aerojet come online, and the SPI EVP said it has been running “great” and “has been producing as expected” since it was commissioned on schedule in December. The second phase of the system, a 2.4MW array, will be completed this month.

As for the moduling facility, Pontius said that it “will ramp up to 50MW of annual capacity with expected production by the end of the year. SPI is completing the final due diligence on several sites, with the expected decision to come within the next month. The factory will be producing our 200W and 205W top-rated [multicrystalline-silicon] panels as ranked by the California Energy Commission.”

When asked whether the company is looking for an unused building or greenfield location for the factory, he said that their “current short-list includes both renovating existing facilities and building a new facility.” The new plant will not be a cookie-cutter of SPI’s ISO9001-certified 50MW factory in China, though, but will be “more highly automated than our current facility.”

Like so many other solar companies expecting the U.S. market to blossom, he noted that “SPI has forecasted capacity expansion needs for the end of 2010, and we believe this is the right time to invest in the U.S. and take advantage of our growing pipeline of solar system development opportunities here.”

And like the other PV manufacturing sites in planning, there’s a upside on the jobs front as well. “SPI expects to hire 60-100 incremental employees to support the expansion and employ up to 100 temporary workers during the construction phase.”

The SPI news marks the second time in a little over a month that a company has announced plans to site a solar module factory in the Sacramento area. N Solar, a subsidiary of Korean company Millinet, has leased about 128,000 sq ft of space in the McClellan Business Park to build a PV panel-making line, which is scheduled to begin operations in September.

Back at SPI, Pontius and the team are pretty jazzed about the chance to slap the “Made in the USA” label on their modules. “These Recovery Zone Facility Bonds are all about investing in the U.S. and creating jobs that will help fuel the future growth of our country,” he told me. “Our solar panel manufacturing facility is a perfect example of what these funds were intended to promote.”

Spoken like a true solar patriot.

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29.03.2010 12:03
Solar Power, Inc. Selects McClellan Business Park for Manufacturing Facility and New World Headquarters
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Governor Applauds Solar Power, Inc.'s Move to Help Bring Jobs to the Region and Advance Energy Independence

Solar Power, Inc. (OTCBB: SOPW) announced today that it has selected McClellan Business Park as the site for its U.S. manufacturing facility, subject to finalization of building agreements. As announced on March 9th, the Company has received an initial commitment of $24.7 million in Recovery Zone Facility Bonds ("RZFB") from Sacramento County and plans to use the proceeds from the sale of these bonds to help finance renovation and outfitting of the manufacturing facility to build its high-performance solar panels. The Company engaged a leading, international middle market investment bank and institutional securities firm to assist with its efforts. A portion of the RZFB Bond proceeds, upon successful placement, will also go in part towards the development of a utility-scale photovoltaic solar system in Sacramento County that will exceed 10 megawatts and have an estimated value of $50 million.

Solar Power, Inc.'s recent announcement of plans to open a major manufacturing operation in Sacramento has garnered attention and support from the State's capitol, as well as from leading regional business development organizations. Heralding the Company's move, Governor Schwarzenegger said, "The addition of this renewable energy manufacturing facility is great news for Sacramento and the rest of the State because it will lead to more homes and businesses powered by sunshine while creating jobs in the clean-tech industry. California has led the world in enacting policies that harness the sun, combat climate change and reduce our dependency on foreign oil, and it is companies like Solar Power, Inc. that are helping us reach a more sustainable, clean energy future."

The proposed manufacturing facility at the McClellan site will be approximately 100,000 square feet with an annual production capacity of 50 megawatts of Solar Power, Inc.'s top-ranked solar panels. It is estimated that the facility will bring 120 new construction jobs to the region during the 9-month construction period and 100 full-time skilled workers and office staff to the facility upon completion. Together with Solar Power, Inc.'s current manufacturing facility in China, the McClellan facility is expected to double the Company's annual production capacity to 100 megawatts. "We are very excited to have one of the solar industry's leaders select McClellan Business Park for its world headquarters and manufacturing operations," said Ken Giannotti, Senior Vice President with McClellan Business Park, LLC. "We couldn't be more pleased with their decision."

"Solar Power, Inc.'s announcement is a brilliant example of how green businesses are thriving in the Sacramento region. As a leader in the solar industry, Solar Power, Inc.'s decision to make this commitment to our region's development is a milestone event for us," said Robert Burris, Deputy Director for SACTO, the Sacramento Region's leading facilitator of economic development. Roger Dickinson, Chair of the Sacramento County Board of Supervisors said, "The type of investment Solar Power, Inc. is making in our region is precisely what's needed to build sustainable economic growth. Sacramento will be the ultimate beneficiary of this move." And Rob Leonard, Director of Economic Development for Sacramento County said, "Solar Power Inc.'s development at McClellan reinforces Sacramento County as a national focal point for green-tech company growth."

"We are very pleased with our site selection at McClellan Business Park, and the outpouring of support we have received since our initial announcement," said Steve Kircher, Chairman and CEO of Solar Power, Inc. "The management team at McClellan Business Park has been incredible to work with and helped to make this decision an easy one for us. The site provides an excellent geographic location for us as we pursue a growing number of new business opportunities within California and across the country. It's the right move at the right time for us," Mr. Kircher concluded.

Solar Power, Inc. anticipates receiving the bond proceeds and beginning construction on the new headquarters and manufacturing facility in July with completion in early 2011.

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15.04.2010 22:57
Solar Power, Inc. Delays Filing its Annual Report and Investor Conference Call

Solar Power, Inc. ("SPI") (OTCBB: SOPW) announced today that it will be late in filing its annual report on Form 10-K and scheduling its fourth quarter and fiscal 2009 earnings call, as previously announced, until the Company's audit is complete. Scheduling details for interested participants will be announced in the near future, which we anticipate will be within the next two weeks. As previously disclosed, we continue to review and assess revenue recognition for a single project that was completed in December 2009 with our auditors and their pending review and confirmation under our accounting policies. In the meantime, we anticipate receiving an "E" on our stock symbol to denote the late filing. We also anticipate resolving that compliance issue upon filing the Form 10-K.

The Company will host a business update conference call. The call will take place at 9:00 a.m. EDT on Friday, April 16, 2010. Interested participants should call 1-877-941-4774 when calling within the United States, or 1-480-629-9760 when calling internationally. A playback will be available through April 23, 2010. To listen, please call 1-800-406-7325 within the United States or 1-303-590-3030 when calling internationally. Utilize the pass code 4285634 for the replay.

This call is being webcast by ViaVid Broadcasting and can be accessed by clicking on this link http://viavid.net/dce.aspx?sid=000073F3, or visiting www.solarpowerinc.net or at ViaVid's website at www.viavid.net, where the webcast can be accessed through April 23, 2010.

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16.04.2010 12:01
Twentieth Century Fox Selects Solar Power, Inc. for a 158 kW Solar System

Motion Picture Studio Contracts Solar Power, Inc. to Design and Install Their SkyMount® System

Solar Power, Inc. (OTCBB:SOPW) announced today that the Company has been contracted by Twentieth Century Fox Film Corporation ("Fox") to design and install a 158 kW DC solar photovoltaic system at the Fox Studios Lot located in Century City, California. The project will utilize Solar Power, Inc.'s innovative SkyMount® commercial rooftop system which optimizes system electricity production and streamlines installation.

The solar installation, which will be mounted on the roof of Fox's Building 99, is the second major investment in solar announced by Fox's parent company News Corporation this month, part of the company's Global Energy Initiative. Solar Power, Inc. won the contract after a competitive bid process administered by Fox's solar committee, which formed last year. The project could pave the way for more solar across the Fox Studio Lot in the future.

"We are very pleased to have been selected by Twentieth Century Fox to design and build a solar system to help them provide meaningful environmental benefits and begin to mitigate rising electricity costs," said Brad Ferrell, President of Business Development for Solar Power, Inc. "Our SkyMount® system is a perfect fit for their needs."

"This project is an important addition to Fox's ongoing sustainability initiative and we are very happy to be getting it started," said Hal Haenal, Senior Vice President of Fox Studios Operations. "This marks our first venture into on-site renewable energy and Solar Power, Inc. has helped to make the decision a very easy one for us." The solar project is scheduled to be completed this summer.

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Solar Power, Inc. sells residential segment to Paramount Energy; focus set on large-scale markets
16 August 2010 | By Síle Mc Mahon | News > Power Generation

*Solar Power, Inc. (SPI) has reached an agreement with Paramount Energy Solutions that will see the latter purchase SPI’s residential business, operating as Yes! Solar Solutions. The residential company serves the Sacramento, Placer, Yolo and El Dorado counties from its base in Roseville. With this sale, which was executed on August 12th, SPI’s focus is placed firmly on the large- and utility-scale markets.

Steve Kircher, SPI’s Chairman and CEO, explained the reasons for the sale: “Paramount Energy Solutions has developed innovative and successful financing solutions for homeowners. This agreement is a win-win for all involved… This allows us to focus on our core competencies and operational strengths as we continue to pursue a growing number of distributed generation and utility-scale solar developments.”

Paramount Energy Solutions provides financing, custom design, solar installation, permits, rebate paperwork, and ongoing solar system monitoring via its partnership with SolarCity. Over a 10-month period, Paramount sold over 500 PV solar systems to homeowners in California and Arizona.

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New Jersey's White Rose, Inc.'s building will host one of the largest rooftop solar systems in the U.S.

Solar Power, Inc. (OTCBB:SOPW), announced today that it has entered into a contract to design, engineer, and construct a five-megawatt rooftop system for installation on the expansive White Rose, Inc. distribution warehouse located in Carteret, New Jersey and owned by private equity firm KTR Capital Partners. NuGen Capital Management, LLC ("NuGen") and KDC Solar LLC, ("KDC Solar") who have formed a joint venture to own and operate the system, selected Solar Power, Inc. for the Engineering, Procurement and Construction (EPC) of the project. In addition to performing as EPC contractor, Solar Power, Inc. will also monitor and service the power plant once completed. The system will feature Solar Power, Inc.'s SkyMount® racking system and the Company's solar modules.

"This is a significant project for us," said Steve Kircher, Chairman and CEO of Solar Power, Inc. "The White Rose installation will be one of the largest systems of its type in the nation. More importantly, the project allows us to continue to develop our presence and portfolio in the Northeastern U.S. It also provides our Company the opportunity to showcase the unique talents and abilities we offer - it's a perfect fit for our products and our system design and construction expertise. We look forward to working with NuGen and KDC Solar as the project commences," Mr. Kircher concluded.

"A project of this scope and scale requires a significant amount of research and due diligence on behalf of everyone involved. Ultimately, Solar Power, Inc.'s highly adaptable SkyMount® racking system coupled with its track record in the solar industry made a big difference," said David Milner, CEO for NuGen, the project developer. "I am pleased to be working with Solar Power, Inc., and look forward to a continued relationship as NuGen develops additional opportunities throughout the Northeast."

The White Rose Food building is located in Carteret, New Jersey and serves as White Rose Food's corporate offices and as a major hub in its distribution network. White Rose Food serves supermarket chains, independent retailers and members of voluntary cooperatives, providing more than 18,000 food- and non-food products to more than 1,800 stores from Maryland to Connecticut. The company is the largest independent wholesale food distributor in the New York City and New Jersey metropolitan areas, which make up the biggest consumer market in the United States.

The project is scheduled to begin in January, 2011 and conclude early in the second half of the year.

[kreisliga]

LDK Solar Agrees to Acquire 70% of Solar Power, Inc. for $33 Million




January 06, 2011 08:15 UTC

LDK Solar Co., Ltd. ("LDK Solar") (NYSE:LDK), a leading manufacturer of multicrystalline solar wafers, high purity polysilicon and PV products, and Solar Power, Inc. (“SPI”) (OTCBB:SOPW), announced today that LDK Solar agreed to acquire a 70% interest in SPI for approximately $33 million. LDK Solar’s investment provides strategic benefits to both parties. The transaction significantly strengthens SPI’s balance sheet, which will enable the acceleration of the development of its project pipeline, which primarily consists of utility-scale power plants and commercial/industrial distributed generation systems. SPI’s growing development portfolio and pipeline, in turn, should provide LDK Solar with enhanced downstream benefit to its vertical integration model through module supply for large scale projects.

In addition, LDK Solar will purchase certain components of SPI’s manufacturing equipment and assume total manufacturing control of SPI’s former module manufacturing facility in Shenzhen, China. SPI will maintain a separate logistical team in Shenzhen to enhance project development, design and related project management functions at a new location in Shenzhen. The transition in manufacturing is strategic; allowing SPI to focus on development and construction of large scale and utility scale U.S. solar projects, while maintaining product quality and enhancing its competitive position. As a vertically integrated manufacturer and supplier of photovoltaic (PV) products, LDK Solar has more than 20,000 employees worldwide.

“We are very pleased with this new strategic relationship,” said Xiaofeng Peng, Chairman and CEO of LDK Solar. “We have known the SPI team for several years and have been very impressed with the quality of their work and the caliber of the customers they serve. We look forward to working closely with the team that is responsible for outstanding solar projects such as the Staples Center and the Aerojet solar farm,” Chairman Peng stated. “This transaction also expands our downstream vertical integration opportunities and provides LDK Solar and SPI the opportunity to jointly explore opening manufacturing operations in the U.S. to further enhance SPI’s competitive advantage in North America.”

“This investment in SPI clearly places our company among the most elite photovoltaic solar developers today,” said Steve Kircher Chairman and CEO of Solar Power, Inc. “We are honored that LDK Solar has placed value in our legacy projects and in our pipeline. Projects such as the Aerojet solar farm, a 6MW ground mount, single-axis tracking solar system, and the Staples Center, our first installation of Skymount, SPI’s proprietary rooftop system, reflect the quality of our team,” Mr. Kircher added. “LDK Solar’s commitment to project development through capital from their direct stock purchase clearly enhances our position in the market. The strength of our newly combined vertical platform should provide us significant competitive advantages going forward,” Mr. Kircher concluded.

The terms of the investment are detailed in the Form 8-K filed by SPI, which outlines the timing of the proposed investment and closings.

About LDK Solar (NYSE: LDK):

LDK Solar Co., Ltd. (NYSE:LDK) is a leading vertically integrated manufacturer of photovoltaic (PV) products and the world's largest producer of multicrystalline wafers. LDK Solar manufactures polysilicon, mono and multicrystalline ingots, wafers, modules and cells. The Company also engages in project development activities in selected segments of the PV market. Through its broad product offering, LDK Solar provides its customers with a full spectrum of PV solutions. LDK Solar's headquarters and manufacturing facilities are located in Hi-Tech Industrial Park, Xinyu City, Jiangxi Province in the People's Republic of China. LDK Solar's office in the United States is located in Sunnyvale, California. For more information about our company and products, please visit www.ldksolar.com.

About Solar Power, Inc. (OTCBB: SOPW):

Founded in 2005, Solar Power, Inc. is a vertically integrated solar developer; the Company manages its value chain from material sourcing, to manufacturing, through post-installation asset management of its systems, and manufactures its own line of world-class solar modules and balance-of-system products. The Company designs, manufactures and delivers world-class photovoltaic solar systems to its business, government and utility customers.

Safe Harbor Statement:

This release may contain certain "forward-looking statements" relating to the business of LDK Solar Co., Ltd., Solar Power, Inc., or their respective subsidiaries, as well as the solar industry, which statements can be identified by the use of forward looking terminology such as "believes, expects, should" or similar expressions. The forward looking statements contained in this press release include statements regarding the closing of the Stock Purchase Agreement entered into by Solar Power and LDK, and future business prospects. The closing of the Stock Purchase Agreement is subject to customary closing conditions and there is no guarantee that such conditions will be met. All forward-looking statements are expressly qualified in their entirety by this Cautionary Statement and the risks and other factors detailed in the respective Company reports filed with the Securities and Exchange Commission. Neither LDK Solar Co., Ltd. nor Solar Power, Inc. undertakes any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable law.




Solar Power, Inc:
Mike Anderson, 916-745-0916
Vice President Marketing
[e-mail]
or
Steve Kircher, 916-745-0900
Chairman & CEO
or
LDK Solar Co., Ltd.:
The Blueshirt Group for LDK Solar
Lisa Laukkanen, [phone]
[e-mail]
or
Jack Lai, [phone]
Executive VP and CFO
[e-mail]

Copyright Business Wire 2011


S.BW .R1 SOPW US83490A1007 LDK ENERG.BW .ENERGY ALTEN.BW UTILS.BW .UTILITIES CA.BW MERGE.BW .MA CNSTPROP.BW .CONSTRUCT RESBLDG.BW .REALESTATE

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Antwort auf Beitrag Nr.: 40.808.595 von kreisliga am 06.01.11 10:08:14

Auferstehung von den Toten?

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Antwort auf Beitrag Nr.: 40.808.595 von kreisliga am 06.01.11 10:08:14

http://www.renewableenergyworld.com/rea/news/article/2011/01…

[hoffihoff]

BLT Enterprises Celebrates Commissioning of 398 Kilowatt Solar System Designed and Constructed by Solar Power, Inc.

2011-01-19 16:30 ET - News Release

BLT Enterprises operation becomes first and only solar-powered waste recovery operation in Alameda County


Company Website: http://www.solarpowerinc.net
FREMONT, Calif. -- (Business Wire)

Solar Power, Inc. (OTCBB:SOPW) (“SPI”) and BLT Enterprises (“BLT”) celebrated the commissioning of BLT’s new 398 kW photovoltaic (PV) solar system this afternoon which will help to power the company’s Fremont Recycling and Transfer Station (FRTS) located in Fremont, California. The FRTS handles the recycling and disposal needs for the residents of the Tri-Cities area (Fremont, Newark and Union City) and in 2010 recycled 24,000 tons of material. The incorporation of Solar Power, Inc.’s commercial PV solar system with BLT’s inherently sustainable practices will make it one of San Francisco Bay Area’s greenest commercial operations.

Attending the event were representatives from BLT and SPI as well as several community and state leaders including Mr. Andrae Macapinlac from California State Assemblyman Bob Wieckowski’s office. Also present were City of Fremont Council member Anu Natarajan, and City of Newark Council members Alan Nagy and Ana Apodaca. Assemblyman Wieckowski applauded the commissioning saying, “By becoming the first solar-powered waste recovery and transfer facility in Alameda County, the Fremont Recycling and Transfer Station continues to be a leader on environmental sustainability issues. By going green with solar power, the station is a bright example of how California can create jobs and reduce energy costs statewide by modernizing facilities,” Assemblyman Wieckowski concluded. BLT Enterprises Vice President, Shawn Guttersen, spoke during the event today saying, "The introduction of the Photovoltaic system at the Fremont Recycling & Transfer Station further demonstrates BLT Enterprises commitment to sustainability initiatives designed to reduce the carbon footprint and environmental impacts on the communities we serve throughout California."

Dedication ceremonies were followed by a tour of BLT’s Fremont operation and a close-up look at the new solar system. The system, designed and constructed by Solar Power, Inc. includes a mix of rooftop racking and parking shade structures. The new system will produce more than 587,000 kWh of electricity annually. In addition to cost savings, during its first year of production the FRTS solar plant will produce environmental offsets equivalent to preserving 3.1 acres of forest and 447 metric tons of avoided carbon emissions.

“We are very happy to see this system on line and driving savings to BLT Enterprises’ bottom line,” said Stephen Kircher, Chairman and CEO of Solar Power, Inc. “Additionally, our system provides an excellent environmental complement to BLT Enterprises’ already very green business. We look forward to working together with the BLT Enterprise team as we explore similar future opportunities to expand their sustainability initiatives across their enterprise.”

With the solar project completed, the Fremont Recycling & Transfer Station is now Alameda County’s first and only solar-powered material recovery and solid waste transfer facility.

About BLT Enterprises:

BLT Enterprises is a privately owned, Southern California-based company that has specialized for over 20 years in the development and operation of Material Recycling Facilities and Transfer Stations, as well as the processing and marketing of recyclable materials. Led by the company’s principals, Bernard Huberman and Daniel Rosenthal, Vice-President, Shawn Guttersen and Vice President Steve Perry, BLT Enterprises has been engaged in the solid waste industry for more than 25 years. The company operates several facilities like the Fremont Recycling and Transfer Station throughout California.

About Solar Power, Inc. (OTCBB:SOPW):

Founded in 2005, Solar Power, Inc. an LDK company (NYSE:LDK) is a vertically integrated solar developer; the Company manages its value chain from material sourcing, through post-installation asset management of its systems and carries a proprietary line of mounting systems designed specifically for its solar modules. The Company designs and delivers world-class photovoltaic solar systems to its business, government and utility customers.

Safe Harbor Statement:

This release contains certain “forward-looking statements” relating to the business of Solar Power, Inc., its subsidiaries and the solar industry, which can be identified by the use of forward-looking terminology such as “believes, expects” or similar expressions. The forward-looking statements contained in this press release include statements regarding the Company’s ability to execute its growth plan and meet revenue and sales estimates, enter into formal long-term supply agreements, and market acceptance of products and services. These statements involve known and unknown risks and uncertainties, including, but are not limited to, general business conditions, managing growth, and political and other business risk. All forward-looking statements are expressly qualified in their entirety by this Cautionary Statement and the risks and other factors detailed in the Company's reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities law.

Contacts:

Solar Power, Inc.
Mike Anderson, 916-745-0916
Vice President Marketing
[e-mail]
or
CleanTech IR, Inc.
Brion Tanous, 310-541-6824
[e-mail]

Source: Solar Power, Inc


http://www.stockwatch.com/News/Item.aspx?bid=U-b006638-U%3aS…

[kreisliga]

d.h. LDK zahlt ungefähr 0,65€ pro share und die AKtie steht unter 0,4€
da dürfte einiges nach oben drin sein


LDK Solar Finalizes Acquisition of 70% of Solar Power, Inc. for $33 Million

XINYU CITY, China, SUNNYVALE, Calif. and ROSEVILLE, Calif., March 31, 2011 /PRNewswire/ -- LDK Solar Co., Ltd. ("LDK Solar") (NYSE: LDK), a leading manufacturer of multicrystalline solar wafers and PV products, and Solar Power, Inc. ("SPI") (OTCBB: SOPW), announced today that LDK Solar has finalized its acquisition of a 70% interest in SPI for approximately $33 million. LDK paid an initial $10 million in January and today announced it has finalized the transaction with a second payment of $23 million.

The transaction adds significant financial strength to SPI's balance sheet, enabling the acceleration of the development of its project pipeline, which primarily consists of utility-scale power plants and commercial/industrial distributed generation systems. SPI's growing development portfolio and pipeline, in turn, should provide LDK Solar with enhanced downstream benefit to its vertical integration model through module supply for large-scale projects.

"We are very pleased to have this transaction concluded," said Xiaofeng Peng, Chairman and CEO for LDK Solar. "SPI provides a strong strategic complement to our downstream vertical integration opportunities and provides LDK Solar and SPI the opportunity to jointly explore opening manufacturing operations in the U.S. to further enhance SPI's competitive advantage in North America."

"We are happy to be part of the growing LDK global team," said Steve Kircher CEO for SPI. "The strength of our newly combined vertical platform should provide us significant competitive advantages going forward," Mr. Kircher concluded.

The terms of the investment are more particularly detailed in the Stock Purchase Agreement dated January 5, 2011, as filed in the Company's report on Form 8-K with the Securities and Exchange Commission on January 6, 2011.

About LDK Solar (NYSE: LDK):

LDK Solar Co., Ltd. (NYSE: LDK) is a leading vertically integrated manufacturer of photovoltaic (PV) products and a leading manufacturer of solar wafers in terms of capacity. LDK Solar manufactures polysilicon, mono and multicrystalline ingots, wafers, modules and cells. The Company also engages in project development activities in selected segments of the PV market. Through its broad product offering, LDK Solar provides its customers with a full spectrum of PV solutions. LDK Solar's headquarters and manufacturing facilities are located in Hi-Tech Industrial Park, Xinyu City, Jiangxi Province in the People's Republic of China. LDK Solar's office in the United States is located in Sunnyvale, California. For more information about LDK Solar and its products, please visit www.ldksolar.com.

About Solar Power, Inc. (OTCBB: SOPW):

Solar Power, Inc. (SPI) is a vertically integrated photovoltaic solar developer offering its own brand of high-quality, low-cost distributed generation and utility-scale solar energy facility development services. Through the Company's close relationship with LDK Solar, SPI extends the reach of its vertical integration from silicon to system. From project development, to project financing and to post-construction asset management, SPI delivers turnkey world-class photovoltaic solar energy facilities to its business, government and utility customers. For additional information visit: www.spisolar.com.

Safe Harbor Statement:

This release contains certain "forward-looking statements" relating to the business of Solar Power, Inc., its subsidiaries and the solar industry, which can be identified by the use of forward looking terminology such as "believes, expects" or similar expressions. The forward looking statements contained in this press release include statements regarding the Company's ability to execute its growth plan and meet revenue and sales estimates, enter into formal long-term supply agreements, and market acceptance of products and services. These statements involve known and unknown risks and uncertainties, including, but are not limited to, general business conditions, managing growth, and political and other business risk. All forward-looking statements are expressly qualified in their entirety by this Cautionary Statement and the risks and other factors detailed in the Company's reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities law.

SOURCE LDK Solar Co., Ltd.


Timestamp:
March 31, 2011 03:15:06 EST

Contact Information:
Mike Anderson, VP Corporate Communications, SPI, [phone], [e-mail], Steve Kircher, CEO, SPI , [phone]; or Lisa Laukkanen, The Blueshirt Group for LDK Solar, [phone], [e-mail]; or Jack Lai, Executive VP and CFO, LDK Solar Co., Ltd., [phone], [e-mail]

WebSite:
http://www.spisolar.com



S.PN .R1 LDK US50183L1070 SOPW US83490A1007 CA.PN .ENERGY ALT.PN CPR.PN .ELECTRONIC ECP.PN .UTILITIES UTI.PN .OIL OIL.PN .ENVIRONMENT GRE.PN OTC.PN .MA TNM.PN

[V51]

Antwort auf Beitrag Nr.: 41.294.143 von kreisliga am 31.03.11 09:26:48

wie kommst du auf 0,65 ?

98 mio shares gibts, macht bei mir umgerechnet 0,33 e je aktie.

[kreisliga]

Antwort auf Beitrag Nr.: 41.294.662 von V51 am 31.03.11 10:25:05

wenn sie für 70% 33mio usd zahlen, dann sind 100% ca. 48mio usd

aktuell hat die Company eine MCap von ca. 24Mio usd bei einem Kurs von 0,48usd (ca0,345€)

daraus ergibt sich einiges an Potential

[V51]

Du sagtes aber: "d.h. LDK zahlt ungefähr 0,65€ pro share und die AKtie steht unter 0,4€"

Es gibt 98 Mio Shares. 70% davon sind grob nun 70 Mio shares, wofür sie also 33 Mio $ zahlen. Macht also pro Shares 0,47 $ ---> 0,33 e

Also zahlen sie nicht 0,65 e per share sondern nur 0,33 e.

[R-BgO]

Solar Power, KDC Solar agreement could lead to $600M in new business
Sacramento Business Journal - by Melanie Turner, Staff writer
Date: Monday, June 13, 2011, 11:25am PDT


Solar Power Inc. and its majority shareholder LDK Solar Co. Ltd. have entered into an agreement with KDC Solar LLC of Bedminster, N.J., that could lead to $600 million of new business for Roseville-based SPI over the three-year term of the agreement, SPI announced Monday.

Under the agreement, SPI and LDK will serve as KDC Solar’s preferred provider of engineering, procurement and construction and operations and maintenance services for a significant portion of its solar energy projects in New Jersey and New York.

The agreement sets a goal for KDC Solar and SPI to potentially develop 300 megawatts in solar energy facility projects, with a minimum commitment of 150 megawatts.

SPI and LDK have agreed to provide construction financing and to facilitate long-term financing of up to $750 million for projects under the agreement.

In December 2010, SPI announced it had been selected to build a 5-megawatt solar project at the White Rose Foods facility in Carteret, N.J. Following the close of that transaction,
SPI and KDC Solar, the managing member on that project, began talking about a preferred provider arrangement.

According to KDC Solar, its current pipeline in the New Jersey market exceeds 150 megawatts, a pipeline that is expected to generate about $600 million for SPI over three years.

“It highlights the benefits available to SPI as a result of our recent transaction with LDK,” SPI chief executive officer Steve Kircher said in a statement. “Our alliance with LDK now allows SPI to take on multiple projects of greater scope and scale.

In March, SPI (OTCBB: SOPW) closed a stock purchase agreement with Chinese firm LDK Solar Co. Ltd. (NYSE: LDK). LDK purchased a 70 percent interest in SPI for about $33 million.