Solar Integrated - großer ECD-Kunde - 500 Beiträge pro Seite

[meinolf67]

..da ich den Wert direkt nicht gefunden habe, wieder ein piggy-pack Thread:

LONDON, March 31 (Reuters) - London-listed U.S. solar roofing company Solar Integrated believes it can double in size this year, after more than 100 percent growth in 2007, thanks to climate change concerns and a rise in government support.

Los Angeles-based Solar Integrated (SITq.L: Quote, Profile, Research), at whose factory Californian governor Arnold Schwarzenegger recently endorsed presidential candidate John McCain, expects to double revenue and profits in 2008.

The company, which makes roofing with built-in solar panels for larger commercial buildings such as warehouses, counts Tesco (TSCO.L: Quote, Profile, Research), Carrefour (CARR.PA: Quote, Profile, Research) and Audi (NSUG.DE: Quote, Profile, Research) among its customers. It expects the average project size to grow in 2008.

"The sentiment is very strong. After a very attractive growth year with over 100 percent growth, we see another year of up to 100 percent growth," said Chief Executive Randall MacEwen by phone on Monday.

The company is better positioned for growth this year, analysts said, having reduced debt through a debt-for-equity swap and accompanying refinancing at the end of 2007.

The company expects new subsidies in Spain for building-integrated solar panels and the extension of legislation in the U.S. in 2008 to encourage growth. Italy and France will be its biggest European markets in 2008.

On Monday it reported adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of $0.1 million in 2007, versus a loss of $15.6 million the previous year.

Revenue rose 112 percent to $81.1 million, slightly ahead of the company's top-end guidance of $80 million. It expects 2008 revenue to be in the range $140-160 million.

[meinolf67]

15.11.2007 09:25
Solar Integrated says won 6.6 mln usd order for French solar roofing project

LONDON (Thomson Financial) - Solar Integrated Technologies Inc (News) said it has won a 6.6 mln usd order for a building integrated photovoltaic (BIPV) roofing system to be owned and operated by Akuo Energy, a renewable energy project developer.

The BIPV system will be installed at a logistics facility currently under construction in Southern France and is planned for completion in 2008.

Montpellier, France-based Urbasolar, which is managing the BIPV project, expects to continue its partnership with Solar Integrated to sell and deploy BIPV projects in France, and is building a pipeline of additional projects.

France has a premium feed-in tariff of 0.55 eur per kilo-watt-hour for single layer BIPV systems, according to Solar Integrated chief executive Randall MacEwen.

Akuo Energy, which invests in and operates projects across all areas of renewable energy expects more such (BIPV) projects

[blacky bergfuchser]

Antwort auf Beitrag Nr.: 33.788.030 von meinolf67 am 02.04.08 13:33:08

Danke für deine unermüdlichen Recherchen!

[meinolf67]

Solar Integrated clinches $20m Italian job

Mon 21 Apr 2008

LONDON (SHARECAST) - An Italian solar project developer has placed a $20m order with Solar Integrated Technologies for the supply of Building Integrated Photovoltaics (BIPV) products for a number of large buildings in Italy.

AIM quoted Solar said it expects to complete a significant portion of the order with ENER Solar Technology in 2008 and the rest in 2009.

“With premium feed-in tariffs for BIPV products and a robust sun profile, Italy is an attractive market for our products,” said president and CEO of Los Angeles-based Solar, R. Randall MacEwen.

[meinolf67]

12.05.2008 11:21
Solar Integrated signs multi-year supply agreement with United Solar Ovonic

LONDON (Thomson Financial) - Solar Integrated Technologies Inc., (News) a building integrated photovoltaic (BIPV) roofing systems provider, said it has entered into a new multi-year supply and cooperation agreement with United Solar Ovonic LLC, a unit of Energy Conversion Devices, Inc.

United Solar has been supplying flexible thin-film amorphous photovoltaic laminates to Solar Integrated under a supply agreement signed in 2006 that contemplated the purchase of up to 100 MW of UNI-SOLARA photovoltaic laminates through 2010, the company said.

The new supply agreement expands the scope and supply of UNI-SOLARA photovoltaic laminates significantly beyond 100 MW and extends the term through Dec. 31, 2012, on a 'take or pay' basis, Solar Integrated said.

Under the agreement, Solar Integrated said it retains certain limited exclusivity rights in the North American market for its BIPV application.

[meinolf67]

23.05.2008 10:51
Solar Integrated wins two roofing system orders worth $7 mln from UPC Energy

LONDON (Thomson Financial) - Solar Integrated Technologies Inc. (News) said it has won two orders worth $7 million from UPC Energy Management for its building integrated photovoltaic (BIPV) roofing systems.

The solar roof systems provider said these systems, to be installed by Istor, a commercial roofing specialist in Greece, are expected to be completed in 2008.

The systems will be installed at two bottling plants in Greece owned by one of the world's largest bottlers of non-alcoholic beverages and will be owned and operated by UPC Energy under a long-term joint development agreement with the bottling company, it added.

[meinolf67]

12.06.2008 09:18
Solar Integrated wins 2 new solar roofing contracts in Connecticut

LONDON (Thomson Financial) - Solar Integrated Technologies Inc. (News) said it has won two new contracts from Silktown Roofing Inc. to install its BIPV solar roofing system at two schools in Connecticut roofing systems.

Financial terms were not disclosed, but Solar Integrated said, in total, its four Connecticut school projects with Silktown represent more than $7.5 million of revenue for the company.

[meinolf67]

23.06.2008 09:41
Solar Integrated gains 2.31 mln pounds after exercise of warrants
Klicken Sie jetzt

LONDON (Thomson Financial) - AIM-listed Solar Integrated Technologies Inc. (News) said a company indirectly related to its non-executive chairman Brian E. Caffyn has exercised a warrant to buy 7.70 million Solar shares at 30 pence a share, resulting in proceeds of 2.31 million pounds to Solar.

The provider of building integrated photovoltaic (BIPV) roofing systems said the warrant was exercised by the UPC group of renewable energy companies, through affiliate SI Holdings BV, which is majority owned by Caffyn.

The acquired shares represent 7.8 percent of Solar's enlarged issued share capital.

SI Holdings has also sold 5.0 million Solar shares to CCM Master Qualified Fund Ltd., a fund managed by Coghill Capital Management LLC, at 1.07 pounds per share.

Funds managed by Coghill Capital Management hold 12.4 percent of Solar's enlarged issued share capital.

SI Holdings now holds about 4.53 million Solar shares representing 4.6 percent of the enlarged issued share capital. Caffyn has agreed to a lock-up of these remaining shares until June 30, 2009. SI Holdings also holds a warrant to buy 3.30 million Solar shares at 2.50 pounds each.

'It is my intent to continue as the non-executive chairman and remain a significant shareholder of the company,' Caffyn said.

[meinolf67]

10 July 2008





SOLAR INTEGRATED EXPANDS PRODUCT OFFERING WITH LAUNCH OF METAL ROOFING PRODUCT

London, UK and Los Angeles, California, July 10, 2008 - Solar Integrated Technologies, Inc. (AIM: SIT.LN), a leading provider of building integrated photovoltaic (BIPV) roofing systems, today announces the launch of its new M2™ product specifically designed for metal roofing applications. Solar Integrated has received M2™ orders totaling more than US$8 million scheduled for delivery in 2008, including an initial order for US$2.4 million from Fiorini Impianti, a major player in the Italian electric utility industry.

The M2™ product is made of flexible thin film photovoltaic laminates, the same as are used in Solar Integrated's core BIPV product, which are adhered to lightweight metal substrates for easy and rapid installation directly onto metal roofs, carports and other suitable structures.

'Our market strategy is to be the trusted solar roofing partner for our customers by providing solar roofing systems that meet their financial, energy, roofing and environmental objectives across their full portfolio of large scale buildings,' stated R. Randall MacEwen, President & CEO of Solar Integrated. 'The initial interest shown in our M2™ product demonstrates the market need for a 'no compromise' approach to solar roofing systems for metal roofing applications.'

Fiorini Bassi, President of Fiorini Impianti srl, stated: 'Solar Integrated's M2™ was chosen as it allows us to install a superior photovoltaic system on a metal roof that qualifies for the premium BIPV Feed-in-Tariff in Italy. The system is also simple to incorporate and, importantly, doesn't compromise the roofing integrity. Solar Integrated's M2™ was exactly what we were looking for.' (For more information about Fiorini Impianti srl, please visit www.versilsolar.com.)

Bart van Ouytsel, Vice President Sales & Marketing - Solar Integrated Europe, added: 'We are pleased that our innovations to provide the market with high quality integrated solutions have been well accepted by our customers. The Fiorini Impianti project is the first major M2™ installation in Italy and there is plenty of potential for additional applications. There is a large addressable market in Europe for our M2™ product, particularly in Italy and Spain with an estimated 16 million m² of commercial metal roofs.'

The typical M2™ product configuration will feature two UNI-SOLAR® flexible amorphous silicon photovoltaic laminates with a rated peak output of up to 288 watts adhered to a profiled aluminum-zinc coated steel sheet with a length of 5.6 m, a width of 0.87 m and a sheet thickness of 0.8 mm. With a weight of only 9 kg/m2, the lightweight M2™ product is well suited for most metal roofing applications, including new construction, re-roofing and retrofit for flat and contoured roofs, with no additional roofing structural requirements. The M2™ is fastened to the metal roof with self-drilling screws and a butyl sealing tape. The M2™ product expands Solar Integrated's product portfolio without impacting current production output of the Company's core BIPV product from its Los Angeles manufacturing facility, with initial assembly operations of the M2™ at Solar Integrated's European office in Mainz, Germany.

UNI-SOLAR® laminates offer superior cost-effective solutions for roofing applications because they are lightweight, durable, flexible, can be integrated directly with building materials, and generate more energy in real world conditions. The laminates are supplied by United Solar Ovonic LLC, a wholly owned subsidiary of Energy Conversion Devices, Inc. (NASDAQ:ENER).

[meinolf67]

aus Wales Online:

Among the many renewable energy stocks, Solar Integrated Technologies is worth considering.

The San Francisco-based group develops photovoltaic roofing systems that are being increasingly used by corporates wishing to put the rooftops of their factories and warehouses to better use.

After a period of over-expansion when the company fell into financial peril, a capital restructuring and fresh management has alleviated financial problems and the balance sheet is now solid.

Operationally the business is performing even more strongly.

The amount of power installed last year more than doubled to 9.1MW spread across 76 projects, and the company’s manufacturing facilities are now operating around the clock to fulfil demand.

With European governments offering subsidies to encourage the use of solar power, SIT has expanded from the US to the Continent.

With a blue-chip client base that includes Tesco, Audi, Toyota and Wal-Mart, and new contracts which guarantee supply, the company is expected to double revenues again this year. There are considerable risks with alternative energy companies, but SIT shares bear further examination at 107.5p.

[meinolf67]

Kurs inzwischen bei 71 pence

[meinolf67]

6th October 2008

U.S. FEDERAL INVESTMENT TAX CREDIT EXTENDED FOR 8 YEARS

London, UK and Los Angeles, California, October 6, 2008 - Solar Integrated Technologies, Inc. (AIM:SIT.LN), a leading provider of building integrated photovoltaic (BIPV) roofing systems, welcomes the extension of the 30% U.S. federal investment tax credit (ITC) for commercial solar installations by 8 years .

'After 7 votes in the House and 10 votes in the Senate, Congress has finally given the U.S. solar energy industry 'policy certainty' through to 2016,' stated R. Randall MacEwen, President & CEO of Solar Integrated. 'We can now get back to work in growing our U.S. business.'

Mr. MacEwen continued: 'With this extension, it is widely expected that the U.S. will become the largest solar market in the world. Solar Integrated is well positioned to play an important role in the future of the U.S. commercial solar roofing market. In addition to having our head office and manufacturing plant in Los Angeles, we have completed over 80 commercial solar roofing projects in 12 U.S. states representing over 12 MWp of installed solar generating capacity.'

The solar investment tax credit (ITC) provisions will:


*

Extend for 8 years the 30-percent tax credit for both commercial and residential solar installations;
*

Eliminate the prohibition on utilities from benefiting from the credit;
*

Allow Alternative Minimum Tax (AMT) filers, both businesses and individuals, to take the credit;
*

Authorize $800 million for clean energy bonds for renewable energy generating facilities, including solar; and
*
Eliminate the $2,000 monetary cap for residential solar electric installations, creating a true 30-percent tax credit (effective for property placed in service after December 31, 2008);

The solar tax credits were originally enacted in 2005. The amount of solar electric capacity installed in 2007 was double that installed in 2006. According to a new economic study by Navigant Consulting, Inc., the 8-year extension of the ITC will create 440,000 permanent jobs and unleash $325 billion in private investment in the U.S. solar industry. According to the same study, more than 28 gigawatts of electricity will be produced from solar energy by 2016 - enough to power more than 7 million homes.

About Solar Integrated:

Solar Integrated Technologies, Inc. (SIT: AIM.LN) is a Los Angeles-based company that manufactures, designs and installs building integrated photovoltaic (BIPV) roofing systems for commercial rooftops. Our BIPV roofing systems enable our customers to transform a rooftop into a value-generating asset. Our customers include Audi, Carrefour, Coca-Cola Enterprises, Frito-Lay, Honeywell, IKEA, Johnson Controls, Metro, ProLogis, San Diego Unified School District, Tesco, Toyota, Unibail-Rodamco, U.S. Air Force, U.S. GSA, U.S. Navy and Westfield. For more information, please visit www.solarintegrated.com.

[meinolf67]

Habe mir mal ein paar zugelegt...

[meinolf67]

September 18, 2008

London, United Kingdom: Solar Integrated Wins its First Project in Czech Republic

Solar Integrated Technologies has been awarded a contract by KOROWATT s.r.o., a pioneer in bringing photovoltaics to the Czech market, to supply BIPV roofing systems for a warehouse in Kourim, Czech Republic owned by PP-realit s.r.o.

The project will feature 190 kilowatts of Solar Integrated’s proprietary BIPV membrane product on a portion of the warehouse that is being re-roofed, as well as 72 kW of the Company’s recently launched M2™ product for metal roofing applications on the remainder of the warehouse. The project is expected to be completed in 2008.

“This, our first project in the Czech Republic, shows the increasing opportunity for us as we expand our sales into new and exciting European solar markets,” stated R. Randall MacEwen, President & CEO of Solar Integrated. “We continue to broaden our growth exposure while also reducing our country concentration risk. This was punctuated with the completion of 52 projects in 11 European countries in the first half of 2008.”

Ales Korostensky, managing director of KOROWATT, stated: “This warehouse, in need of partial roof replacement, is a light structure with limited weight-baring capacity on the roof. Solar Integrated’s BIPV membrane and M2™ product were the perfect combination of high quality products which effectively address the solar-electricity generation and environmental objectives without compromising the roofing structure.”

“We are thrilled to partner with KOROWATT, a leader in the emerging PV market in the Czech Republic, on a project that showcases the breadth of our product portfolio,” commented Bart van Ouytsel, Vice President, European Sales & Marketing of Solar Integrated. “Our strategy is to provide solar roofing solutions that meet the technical and levelized cost of energy requirements for the specific building and site profile.”

The Czech Republic, which typically experiences 1,400 to 1,700 hours of sunshine per year, has a feed-in tariff of €0.46 (~US$0.66) per kWh for 15 years. The Czech Republic has pledged to the EU to produce 8% of electricity from renewable sources by the year 2010.

[meinolf67]

RNS Number : 8703F
Solar Integrated Technologies Inc
15 October 2008




SOLAR INTEGRATED SELECTED AS PGE AND PARTNERS ROLL OUT LARGEST SOLAR PROJECT IN PACIFIC NORTHWEST

1.1MW Solar Roofing Systems to be Installed on 3 ProLogis Buildings

Clean Energy Supplied to Portland General Electric in Oregon

Portland, Oregon, October 14, 2008 - Solar Integrated Technologies, Inc. (AIM:SIT.LN), a leading provider of building integrated photovoltaic (BIPV) roofing systems, today announces that it has been awarded a significant contract to supply and install BIPV roofing systems in the largest solar project in the Pacific Northwest.

The project was announced today by Portland General Electric (PGE (NYSE: POR), U.S. Bank, ProLogis, United Fund Advisors (UFA) and Energy Trust of Oregon. The project will begin producing up to 1.1 megawatts of electricity for PGE customers by December. The project, using state-of-the-art 'thin-film' solar panels, is being installed by Solar Integrated on the roofs of three ProLogis distribution warehouses in northeast Portland, on more than 328,000 square feet.

'To meet Oregon's future energy needs, we're going to need every tool in our tool box,' said Peggy Fowler, CEO and president of PGE. 'With this project, we will be putting solar power directly onto the grid, adding to the renewable energy PGE already is delivering to our customers.'

As the world's largest owner, manager and developer of distribution facilities, ProLogis also owns the most roof space in the Portland region - more than 3.7 million square feet. 'We hope this installation will help enhance awareness and motivation to bring other similar projects online throughout Oregon,' said Jack Rizzo, managing director of global construction for ProLogis. 'We are pleased to be partnering with Solar Integrated again after successfully completing projects with the company in Europe. Their lightweight and high-wind rated product fits well with this project.' To date, ProLogis has approximately 6 megawatts of solar panels installed or under development on rooftops in Southern California, France, Germany and Spain.

Energy Trust of Oregon, a nonprofit organization dedicated to changing how Oregonians use energy by promoting energy efficiency and clean renewable energy, is providing incentives of $1 million for the project. 'This project sets a new standard for solar installations in the Portland area because of its size and its use of thin film technology,' said Peter West, director of renewable energy at Energy Trust. 'We are thrilled to be a part of this project and hope to see more like it in the coming months and years.'

U.S. Bancorp Community Development Corporation (USBCDC), a subsidiary of U.S. Bank, and UFA partnered to structure the transaction and provide financing. USBCDC, one of the nation's most active tax credit investors, welcomes the opportunity to participate in financing clean energy projects. 'USBCDC was very impressed with Solar Integrated's persistence in making this project work. Our hope is to work more with Solar Integrated, ProLogis, and PGE in the future, as well as build new partnerships through UFA that complete value-added renewable energy projects,' said Rob Wasserman, Senior Vice President, USBCDC.

Thin-film photovoltaic (PV) solar panels are ideal for rooftop installations, as they are lighter, require less structural support and have a higher wind rating than traditional glass laminated and aluminum framed solar panels.

'The structure and partnership approach that have been adopted for this solar roofing project provide a model for future additional projects in Oregon,' stated Randall MacEwen, President & CEO of Solar Integrated.

Solar Integrated's BIPV products feature UNI-SOLAR® photovoltaic laminates. UNI-SOLAR laminates offer superior cost-effective solutions for roofing applications because they are lightweight, durable, flexible, can be integrated directly with building materials, and generate more energy in real world conditions. The laminates are supplied by United Solar Ovonic LLC, a wholly owned subsidiary of Energy Conversion Devices, Inc. (NASDAQ:ENER).

[meinolf67]

RNS Number : 3904K
Solar Integrated Technologies Inc
18 December 2008






NOTIFIABLE INTEREST

London, UK and Los Angeles, California, December 18, 2008 - Solar Integrated Technologies, Inc. (AIM:SIT.LN), a leading provider of building integrated photovoltaic (BIPV) roofing systems, announces that between 4 December 2008 and 18 December 2008 it has received notifications from Mirabaud Investment Management Limited ('Mirabaud') of disclosable interests in the Company's shares.


Date of Trade


Date Company informed


Share holding


% of Issued Share Capital

3/12/08


4/12/08


11,583,000


11.60%

9/12/08


10/12/08


12,178,000


12.19%

17/12/08


18/12/08


13,253,000


13.27%

[meinolf67]

RNS Number : 6601K
Solar Integrated Technologies Inc
23 December 2008




UPDATE ON CREDIT FACILITY

London, UK and Los Angeles, California, December 23, 2008 - Solar Integrated Technologies, Inc. (AIM:SIT.LN), a leading provider of building integrated photovoltaic (BIPV) roofing systems, announced today that the Company has extended the term of its loan and security agreement with an affiliate of GE Energy Financial Services (GE) until March 31, 2009.

The Company has also signed a non-binding term sheet with a commercial lender relating to an asset-based revolving line of credit for up to $25 million. Although the Company believes that it will close this new credit facility prior to March 31, 2009, there can be no assurances that it will do so.

In connection with the extension of the GE facility, the Company has agreed to reduce the exercise price of the warrant to purchase 2,617,353 common shares of the Company previously issued to GE at an exercise price of £0.30 per share to a new exercise price of £0.20 per share and has agreed to extend the term of such warrant from December 31, 2010 to December 31, 2013.

[beatback]

Stellen Energy Conversion nur Brennstoffzellen her?
Forschen die auch?

Danke!

[meinolf67]

Antwort auf Beitrag Nr.: 36.321.311 von beatback am 07.01.09 09:19:41

???

1) Dies hier ist der "Hijack" Thread für Solar Integrated
2) ECD stellt m.W. keine Brennstoffzellen her
3) Forschen tun sie, ja!

[R-BgO]

Solar Integrated Tapped For 5 Mw Project In India By
Sahara India Power
– LETTER OF INTENT LAYS GROUNDWORK FOR ENTRY INTO INDIA –

London, UK and Los Angeles, California, March 3, 2009 – Solar Integrated Technologies, Inc. (AIM:SIT.LN), a leading provider of building integrated photovoltaic (BIPV) roofing systems, today announces, following recent statements by Sahara India Power Corporation Limited and related media coverage, that it has entered into a letter of intent to supply a 5 MW grid-connected solar photovoltaic power plant and related design services to Sahara India Power. Sahara India Power’s parent company, Sahara Group, is expected to become the largest consumer of power in the private sector in India. Although no assurances can be provided, definitive legal documentation is expected to occur in the first half of 2009, with project ground breaking expected to occur later this year.

The 5 MW power plant, planned to be located at Dhenkanal in Orissa, is expected to be ground mounted using Solar Integrated’s “M” product line, which was originally introduced in July 2008 and designed specifically for metal mounting applications.

“Our innovative solutions are finding appeal globally. This 5 MW opportunity would be our initial project with Sahara India Power, our first project in India, and our largest single installation to date,” stated R. Randall MacEwen, President & CEO of Solar Integrated. “We are excited to partner with a quality company such as Sahara India Power on their first solar power plant.”

[R-BgO]

Solar Integrated Enjoys Continued Success Selling Into U.S. Military Projects
– Well Positioned for Stimulus Plan –

London, UK and Los Angeles, California, March 11, 2009 – Solar Integrated Technologies, Inc. (AIM:SIT.LN), a leading provider of building integrated photovoltaic (BIPV) roofing systems, today announces that it has been awarded two contracts to supply and install BIPV roofing systems at the U.S. Naval Station in Guam and the Marine Corps Air Station in Yuma, Arizona.

“Upon completion of Guam and Yuma later this year, we will have our BIPV systems installed at nine different bases for the U.S. Air Force, Army, Marine Corps and Navy in a range of different climatic conditions,” stated R. Randall MacEwen, President & CEO of Solar Integrated. “With these reference sites, we are well positioned to secure new U.S. military solar roofing projects under President Obama’s Stimulus Plan.”

Commenting on the Guam project, Mr. MacEwen stated: “We have a differentiated product that enjoys a competitive advantage for projects in high-wind settings. In Guam, where America’s day begins, the climate is generally hot and humid with risks of tropical storms and typhoons. Our BIPV product is able to meet the requirements for a high-integrity and fully-integrated flat solar roofing solution that can withstand the rigors of the strong Southwest Pacific winds.”

Commenting on the Yuma project, Mr. MacEwen stated: “Our BIPV product enjoys an energy yield advantage in real world conditions, including in high temperatures and irradiance. Yuma is one of the hottest cities in the United States, with average July high temperatures of 107°F. According to the Guinness Book of World Records, Yuma is the sunniest place on earth, averaging more than 11 hours of sunshine per day.”

Timothy L. Kehrli, Director, Government Sales of Solar Integrated, stated: “We have a ‘made in the U.S.A.’ solar roofing product that locally generates clean solar power resulting in reduced peak energy costs and reduced carbon dioxide emissions. With our growing list of reference projects, we are well positioned to further penetrate the attractive market segment for U.S. military solar roofing projects.”

Previous Solar Integrated contracts for U.S. military solar roofing projects include:

* Naval Air Station Patuxent River in Lexington Park, Maryland (2008);
* Fort Huachuca in Cochise County, Arizona (2008);
* Marine Corps Base Hawaii in Kaneohe Bay, Hawaii (2008);
* Naval Air Station North Island in Coronado, California (2007);
* Navy base in the South Pacific (2007); and
* Luke Air Force Base in Arizona (2005 and 2006).

President Obama’s Stimulus Plan, known as the American Recovery and Reinvestment Act, appropriates $5.5 billion for expenditures to construct, repair and make alterations on federal buildings to increase energy efficiency, including installing solar energy equipment. The Act also appropriates an additional $100 million for Navy and Marine Corps facilities, and further specifies that funds are for energy efficiency and alternative energy projects.

[R-BgO]

sieht nach "BUMM" aus...:

05.05.2009 09:27
Solar Integrated seeks buyer, in financing talks

LONDON, May 5 (Reuters) - London-listed solar roofing company Solar Integrated Technologies (News) said it was in talks with potential buyers and was looking at its financing options after ending talks on a $25 million credit line.

The $25 million facility was due to replace an existing loan from an affiliate of GE Energy Financial Services, the Los Angeles-based company said on Tuesday.

Solar Integrated said this loan had been extended further to July 3.

'There is no assurance that the company will be successful in further extending the facility, or in otherwise securing financing or a buyer for the company,' Solar Integrated said in a statement.

Shares in the AIM-listed company, which have lost 85 percent of their value over the last year, closed on Friday at 15.5 pence and were indicated down 29 percent at market open on Tuesday.

[R-BgO]

Antwort auf Beitrag Nr.: 37.096.847 von R-BgO am 05.05.09 10:47:54

jetzt kommt diese Meldung, wenn ich auf die Homepage zugreifen will:


"Insufficient system resources exist to complete the requested service."

oh, oh,...

[R-BgO]

RNS Number : 3381S
Solar Integrated Technologies Inc
15 May 2009






SOLAR INTEGRATED ANNOUNCES ADDITIONAL LISTING

London, UK and Los Angeles, California, May 15, 2009 - Solar Integrated Technologies, Inc. (AIM:SIT.LN), a leading provider of building integrated photovoltaic (BIPV) roofing systems, announced today that, pursuant to the agreement effective 20 December 2007 between the Company and the holder of US$8 million aggregate principal amount of 6.5% Convertible Notes due 2010, the Company has elected to satisfy the coupon due in respect of the six month period to the end of April 2009 by way of the issue of 1,126,012 new Common Shares in the capital of the Company at a price of 15.5p, being the average mid-market price of the shares for the 10 trading days to 23 April 2009.

Application has been made for 1,126,012 new Common Shares to be admitted to trading on AIM. It is expected that dealings in these new Common Shares, which will rank pari passu in all respects with the existing Common Shares, will commence on or about 19 May 2009. Following admission of the 1,126,012 new Common Shares, the Company will have 101,006,802 Common Shares issued and outstanding.

About Solar Integrated:

Solar Integrated Technologies, Inc. (SIT: AIM.LN) is a Los Angeles-based company that manufactures, designs and installs building integrated photovoltaic (BIPV) roofing systems for commercial rooftops. Our BIPV roofing systems enable our customers to transform a rooftop into a value-generating asset. Our customers include Audi, Carrefour, Coca-Cola Enterprises, Frito-Lay, Honeywell, IKEA, Johnson Controls, Metro, Portland General Electric, ProLogis, San Diego Unified School District, Tesco, Toyota, Unibail-Rodamco, U.S. Air Force, U.S. GSA, U.S. Navy and Westfield. For more information, please visit www.solarintegrated.com.

[R-BgO]

RNS Number : 1117V
Solar Integrated Technologies Inc
03 July 2009




Press Release


Solar Integrated Technologies, Inc

UPDATE ON CREDIT FACILITY AND REVIEW OF STRATEGIC ALTERNATIVES

London, UK and Los Angeles, California, July 3, 2009 - Solar Integrated Technologies, Inc. (AIM:SIT.LN), a leading provider of building integrated photovoltaic (BIPV) roofing systems, announced today that GE Energy Financial Services has approved the extension of its loan and security agreement until September 30, 2009, subject to the successful completion of the Company's current strategy. In addition to the loan facility, GE currently holds a warrant to purchase 2,617,353 common shares of the Company at an exercise price of £0.12 per share expiring December 31, 2013.

On May 5, 2009, the Company announced that it had retained Thomas Weisel Partners LLC ('TWP') as its financial advisor. TWP is assisting the Company's board of directors and management in evaluating strategic alternatives to enhance shareholder value including, but not limited to, a possible sale of the Company and various financing alternatives. This process remains ongoing.

The board of directors and management cautions the Company's shareholders and others considering trading in its securities that there is no assurance that the Company will be successful in further extending the facility, in otherwise securing financing or a buyer for the Company, or in its pursuit of other potential strategic alternatives.

[R-BgO]

22.07.2009 08:02
Energy Conversion Devices and Solar Integrated Technologies Sign Definitive Merger Agreement / Field Engineering and Technical Capabilities of Combined Organizations to Enhance Customer Experience

ROCHESTER HILLS, Mich., LOS ANGELES, Calif., and LONDON, July 22 /PRNewswire-FirstCall/ -- Energy Conversion Devices, Inc. (ECD) , the leading global manufacturer of thin-film flexible solar laminate products for the building integrated and commercial rooftop markets, and Solar Integrated Technologies, Inc. (SIT) (AIM: SIT.LN), a leading provider of building integrated photovoltaic (BIPV) roofing systems, today announced that they have signed a definitive agreement pursuant to which ECD will acquire SIT.

Under the terms of the agreement, ECD will pay 6.75 pence in cash (or approximately $0.11) for each share of SIT (the "Merger Consideration") or approximately $11.2 million. Including the assumption of SIT's net debt obligations, the purchase price will be approximately $16.3 million. ECD plans to finance the acquisition from existing corporate funds.

Mark Morelli, ECD's president and chief executive officer said, "The acquisition of SIT enhances our BIPV value proposition by significantly improving our field engineering and technical capabilities in rooftop solar to better support our channel partners in Europe and the U.S. Our combined organization will also be well positioned to meaningfully participate in the expected growth in the U.S. market, including under the stimulus plan. We are extremely pleased to welcome SIT's talented organization to our team."

"We are excited to join forces with the world's leader in building integrated and commercial rooftop photovoltaics," stated R. Randall MacEwen, president and chief executive officer of SIT. "As one of ECD's largest customers, we have experienced first-hand the differentiated attributes of UNI-SOLAR PV laminates, and their impressive power production performance in real world conditions. We see compelling synergies between SIT's customer relationships, end market knowledge and system integration expertise and ECD's focus on operational excellence."

The transaction is subject to customary closing conditions, including the approval of SIT's shareholders. SIT's board of directors has unanimously recommended that shareholders vote in favor of the agreement. All of SIT's directors who hold common shares, representing a total of 11.5% of SIT's outstanding shares, have entered into agreements to vote their shares in favor of the merger agreement. SIT expects to issue a proxy circular within the next 10 days and hold a shareholders' meeting to consider the transaction on August 19, 2009, or as soon as practicable thereafter (the "Effective Date"). The transaction is expected to close within 60 days.

On the Effective Date, the common shares of SIT will be cancelled and automatically be converted into a non-tradable right to receive the Merger Consideration. SIT hereby gives notice for the purposes of AIM Rule 41 that the listing of the Common Shares of SIT on AIM will be cancelled at 07:00 a.m. (London time) on August 20, 2009 (the "Cancellation"). SIT shareholders should note that a separate resolution to approve the Cancellation will not be put to shareholders at the shareholders' meeting on August 19, 2009 and that trading in SIT's shares will cease after the Effective Date.

Credit Suisse is acting as financial advisor and Covington&Burling LLP is acting as legal advisor to ECD. Thomas Weisel Partners LLC is acting as financial advisor to SIT and has provided a fairness opinion to SIT's board of directors. Greentech Capital Advisors is also acting as financial advisor and Jones Day is acting as legal advisor to SIT.

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...die Threadaufhängung war ja prophetisch...

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RNS Number : 5768X
FTSE
17 August 2009









Solar Integrated Technologies Inc. (UK): Deletion
Changes In FTSE Indices

17 August 2009


Following the expected cancellation of listing of Solar Integrated Technologies Inc. (UK) on AIM, FTSE announces the following change:

INDEX


CHANGE


EFFECTIVE FROM
START OF TRADING

FTSE AIM All-Share


Solar Integrated Technologies (UK B0137J5) will be deleted.


20 August 2009

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und damit: over and out...

August 19, 2009

Energy Conversion Devices Completes Merger With Solar Integrated Technologies

Rochester Hills, Mich. - August 19, 2009 - Energy Conversion Devices, Inc. (ECD) (NASDAQ: ENER), the leading global manufacturer of thin-film flexible solar laminate products for the building integrated and commercial rooftop markets, announced today it has completed its merger with Solar Integrated Technologies, Inc. (SIT), a leading provider of building integrated photovoltaic (BIPV) roofing systems. SIT is now a wholly owned subsidiary of ECD.

"This merger strengthens and diversifies our business," said Mark Morelli, president and CEO of ECD. "This merger is an important element of our future growth plans as ECD transitions from manufacturing and selling a product to a company that provides complete solar solutions and value-added services."

The company will provide additional information on the strategic aspects of the merger during the company's fiscal fourth quarter and year-end press release and conference call scheduled for August 27, 2009.

Credit Suisse Securities (USA) LLC acted as financial advisor and Covington & Burling LLP acted as legal advisor to ECD. Thomas Weisel Partners LLC and Greentech Capital Advisors acted as financial advisors and Jones Day acted as legal advisor to SIT.

[tellur_17]

Trendumkehr an der Nasdaq!