Invest in Cleantech

Invest in Cleantech

Thursday, December 27, 2007

Update of Renewable Energy stocks directory and new Green IPO watc

Through the holidays Renewableenergystocks.com elves are updating the stock directory for investors. 2007 was a year of green IPO's particularly- solar stocks. Our global directory should be updated completely by the first week of January just in time to make investing plans for 2008.

The directory is global - with stocks from Canada, US, London, Australia. Germany, Spain, China, India etc - showing just how global the trend is.
Stay tuned at http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp

We also started the new Green IPO watch for 2008 so investors can keep an eye out for pending listings and also get a sense of money flow in the sector.
http://www.renewableenergystocks.com/IPO/green.asp

Bolloré Groups and Pininfarina team up to produce and sell an electric vehicle

Bolloré Groups and Pininfarina team up to produce and sell an electric vehicle


December 21, 2007- Bolloré (EPA:BOL ) and Pininfarina are teaming up to create a 50/50 joint venture to produce a 100% electric vehicle. The vehicle will be marketed under the Pininfarina brand. The total capital investment is estimated at 150 million euros. The vehicle will be manufactured in Italy and will benefit from Pinninfarina’s extensive track record in design and the production of top-of-the range vehicles. It will be equipped with the revolutionary Lithium Metal Polymer battery developed by the Bolloré Group.

Bolloré is a French group founded in 1822. The Group reports revenues of more than 6 billion euros and employs over 32,000 people worldwide.
Bolloré Group’s diversified operations range from industry (films and thin paper, super capacities and specialized terminals), to transportation and media. The Group also has significant holdings in Havas, Aegis, Mediobanca and Vallourec.

Bolloré Group has developed a new battery based on the technologies it has been developing over 30 years now as the world's leading manufacturer of components for capacitors.

The Italy-based Pininfarina group was founded in 1930. It employs 3,000 people worldwide. It is currently a major sub-contractor of the automobile industry, offering manufacturers its expertise at each design stage and manufacturing process of niche vehicles. Pininfarina is famous in particular for cooperating with Ferrari and Maserati. It has a production capacity of 60,000 cars a year.

The vehicle to be jointly developed and manufactured by Bolloré and Pininfarina will be a four-seater, 100% electric car, therefore with 0% carbon dioxide emissions. The vehicle will operate with a battery that will make it autonomous for 250 kilometers in an urban environment. The battery is the result of 15 years of research; thanks to its high energy density and long life, an equipped vehicle can reach a mileage of more than two hundred thousand kilometers
As the Lithium Metal Polymer technology is an all-solid technology, it does not use any liquid, therefore there is no leakage which could lead to heating and possible fire. The battery's enhanced safety features are provided by the stability of the materials which prevent any self-ignition above 200°C and therefore no possibility of an explosion. This technology, developed exclusively in the world by the Bolloré group, presents a decisive advantage over Lithium Ion.
In addition, each battery cell is electronically protected by passive and active systems which permanently monitor the state of the battery as well as the voltage and temperature of each element. All the cells are housed in a steel box to protect them from external tampering.

The new battery’s large capacity allows the Pininfarina vehicle to start very fast (4.9 seconds to reach 50kms/h), to safely pass any other vehicle thanks to its capacity to accelerate and reach the maximum speed of 130kms/h.

It can be recharged on any domestic electric outlet. A full recharge takes approximately 5 hours but 5 minutes of recharge is enough to last for 25 kilometers.
A number of large cities throughout the world are already equipped with street electric recharge outlets. As sales develop, we expect municipal authorities, service station networks and public car parks to install the required recharging facilities. Many European countries and parts of the US are already equipped to allow the vehicles to maintain a constant temperature despite the cold.

The Pininfarina electric vehicle will be sold simultaneously in Europe, the United States and in Japan. It can be ordered as from December 2008 and the first clients will receive their vehicles at the end of summer 2009. The vehicle will be sold at 500 euros/month.

The production capacities which depend on the number of batteries produced by the Bolloré Group in its two plants in Brittany (Ergué-Gabéric) and Canada (Montreal) will allow the delivery of 1,000 vehicles by mid-2009, 4,000 in 2010, 5000 in 2011, 10,000 in 2012, and 15,000 the following years. The plants’ battery production capacities will of course be increased if the vehicle is a success.

While waiting for the marketing of the new Pininfarina vehicle, the Bolloré Group can present to professionals the exceptional energy supplied by these new batteries installed on the 10 prototypes Bluecar which it previously designed and which passed approval tests on August 7 2007. These presentations are available at the Vaucresson test center, near Paris or the Ergué-Gabéric research and production center.
http://www.bollore.com/

Wednesday, December 26, 2007

China publishes energy white paper

China publishes energy white paper

China.org.cn December 26, 2007-The State Council Information Office published on Wednesday a white paper entitled China's Energy Conditions and Policies. The document, composed of eight chapters, points out that China, as an irreplaceable component of the world energy market, plays an increasingly important role in maintaining global energy security.

China's Energy Conditions and Policies

Preface
"Energy is an essential material basis for human survival and development. Over the entire history of mankind, each and every significant step in the progress of human civilization has been accompanied by energy innovations and substitutions. The development and utilization of energy has enormously boosted the development of the world economy and human society.

Over more than 100 years in the past, developed countries have completed their industrialization, consuming an enormous quantity of natural resources, especially energy resources, in the process. Today, some developing countries are ushering in their own era of industrialization, and an increase of energy consumption is inevitable for their economic and social development.

China is the largest developing country in the world, and developing its economy and eliminating poverty will, for a long time to come, remain the main tasks for the Chinese government and the Chinese people. Since the late 1970s, China, as the fastest growing developing country, has scored brilliant achievements in its economy and society that have attracted worldwide attention, successfully blazed the trail of socialism with Chinese characteristics, and made significant contributions to world development and prosperity.

China is now the world's second-largest energy producer and consumer. The sustained growth of energy supply has provided an important support for the country's economic growth and social progress, while the rapid expansion of energy consumption has created a vast scope for the global energy market. As an irreplaceable component of the world energy market, China plays an increasingly important role in maintaining global energy security.

Guided by the Scientific Outlook on Development, the Chinese government is accelerating its development of a modern energy industry, taking resource conservation and environmental protection as two basic state policies, giving prominence to building a resource-conserving and environment-friendly society in the course of its industrialization and modernization, striving to enhance its capability for sustainable development and making China an innovative country, so as to make greater contributions to the world's economy and prosperity.

I. Current Situation of Energy Development

Energy resources are the basis of energy development. Since New China was founded in 1949, it has made constant endeavors in energy resources prospecting, and conducted several resources assessments. China's energy resources have the following characteristics:

-- Energy resources abound. China boasts fairly rich fossil energy resources, dominated by coal. By 2006, the reserves of coal stood at 1,034.5 billion tons, and the remaining verified reserves exploitable accounted for 13 percent of the world total, ranking China third in the world. The verified reserves of oil and natural gas are relatively small, while oil shale, coal-bed gas and other unconventional fossil energy resources have huge potential for exploitation. China also boasts fairly abundant renewable energy resources. In 2006, the theoretical reserves of hydropower resources were equal to 6,190 billion kwh, and the economically exploitable annual power output was 1,760 billion kwh, equivalent to 12 percent of global hydropower resources, ranking the country first in the world.

-- China's per-capita average of energy resources is very low. China has a large population, resulting in a low per-capita average of energy resources in the world. The per-capita average of both coal and hydropower resources is 50 percent of the world's average, while the per-capita average of both oil and natural gas resources is only about one-fifteenth of the world's average. The per-capita average of arable land is less than 30 percent of the world's average, which has hindered the development of biomass energy.

-- The distribution of energy resources is imbalanced. China's energy resources are scattered widely across the country, but the distribution is uneven. Coal is found mainly in the north and the northwest, hydropower in the southwest, and oil and natural gas in the eastern, central and western regions and along the coast. But, the consumers of energy resources are mainly in the southeast coastal areas, where the economy is the most developed. Such a great difference of location between the producers and the consumers has led to the following basic framework of China's energy flow: large-scale transportation over long distances of coal and oil from the north to the south, and transmission of natural gas and electricity from the west to the east."

Full report - http://www.china.org.cn/english/environment/236955.htm#9
I. Current Situation of Energy Development
II. Strategy and Goals of Energy Development
III. All-round Promotion of Energy Conservation
IV. Improving the Energy Supply Capacity
V. Accelerating the Progress of Energy Technologies
VI. Coordinating Energy and Environment Development
VII. Deepening Energy System Reform
VIII. Strengthening International Cooperation in the Field of Energy
Conclusion

"In the course of building a moderately prosperous society in all respects that benefits 1.3 billion people of China, energy has a significant bearing on China's economic and social development. It is a long and arduous task to use sustainable energy development to support the sustainable economic and social advancement. The Chinese government will strive to address the energy problem properly to realize sustainable energy development.

Though China's energy consumption is growing rapidly, its per-capita energy consumption level is still fairly low -- only about three-fourths of the world's average. The figures for China's per-capita oil consumption and imports account for only one half and one quarter of the world's average, respectively, far below the level of the developed countries. China did not, does not and will not pose any threat to the world's energy security. China will continue to maintain its sustainable energy development and make it promote the sustainable development of the world's energy resources, thus making positive contributions to the world's energy security."

China.org.cn December 26, 2007

Friday, December 21, 2007

Renewable Energy Stocks Sector Close- Up on Ethanol Stocks and Sustainable & Electric Transportation, Green Automotive Stocks

Renewable Energy Stocks Sector Close- Up on Ethanol Stocks and Sustainable & Electric Transportation, Green Automotive Stocks

Energy Bill Drives Green Car Fuels and Technologies


POINT ROBERTS, WA and DELTA, BC – December 21, 2007, www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close- up on alternative fuel and fuel efficient technology stocks following the passage of the Energy Bill. Ethanol stocks received a much needed boost, on the mandate of higher fuel economy standards, reduction of dependence on foreign oil and annual production of renewable fuels to increase to 36 Billion gallons by 2022.

According to Calyon Securities analyst, Kelly Dougherty, “The ethanol stocks should respond favorably to the recent passage of the Energy Bill as the sector should benefit from the increased domestic RFS which mandates use of 36 billion gallons annually by 2022. This should alleviate oversupply fears as more demand will be mandated with a funded path toward further infrastructure build-out and commercialization of cellulosic ethanol, which should support higher future ethanol prices.”

Additionally Calyon Securities commented,” The increased RFS should result in continued infrastructure build-out, opening of new markets, and increased discretionary blending along the path to commercialization of cellulosic which should support higher ethanol prices. We believe VSE/USBE will be well-positioned given its larger scale and potential for lower costs as well as its innovative stance on new technologies (corn oil extraction and investments in cellulosic ethanol).”

VeraSun Energy Corporation (VSE) issued the following statement December 19th, “We applaud the work of our leaders in Washington, D.C., for their vision in putting our country on a path toward greater energy diversity and sustainability. The expanded Renewable Fuels Standard will significantly reduce our country’s dependence on foreign oil and extend our nation’s fuel stream.”

Another milestone in the Energy Bill is the requirement for a significant increase in average fuel economy to a 35 mpg fuel economy standard by 2020.

Electric Vehicle manufacturer ZAP (OTCBB: ZAAP) CEO Steve Schneider, noted, “Our plug- in electric cars and trucks exceed current and future standards with zero emissions and costs at 3 cents per mile for electricity.”

For investors following alternative fuel and fuel efficient technologies, RenewableEnergyStocks.com features a directory of renewable energy stocks including biofuel, and Electric Vehicle (EV), battery technology and related stocks.

Sector Close-Up – Ethanol and Sustainable & Electric Transportation, Green Automotive Stocks
(As of close December 20th, 2007)

Pacific Ethanol, Inc. (Market, News), with a 52 week range of $4.20 - $18.79, closed at $9.14.
Verasun Energy, Corp. (Market, News) closed at $15.71, up $0.45 (2.95%) for the day.
Green Plains Renewable Energy Inc., (Market, News) another ethanol stock with a 52 week range of $8.52 -$ 25.00 and closed up $1.20 at $11.74 .
Archer-Daniels-Midland Co. (Market, News) closed at $43.29, up 1.91 (4.62%).
BlueFire Ethanol Fuels, Inc., a cellulose ethanol company, also issued a statement relating to the Energy Bill, closed at $3.20.
Clean Energy Fuels Corp (Market, News),a provider of natural gas (CNG and LNG) for transportation in North America closed at $15.00.
Advanced Battery Technologies Inc. (Market, News), a company that manufactures, and distributes rechargeable PLI battery cells using lithium cobalt oxide anodes, has a 52 week range of $ 0.56 - $9.66.
Altair Nanotechnologies Inc., (Market, News) recently funded by Dubai conglomerate, Al Yousuf L.L.C. for $40 million, the battery maker has a 52 week range of $2.48 - $5.45 and closed at $4.25.
ZAP (OTCBB: ZAAP), electric car manufacturer, also announced a $5 million Private Placement with the Dubai conglomerate, Al Yousuf L.L.C., as well as the addition of Mr. Eqbal Al-Yousuf to the Board of Directors, has a 52 week range of $0.68- $1.47 .

Additionally RenewableEnergyStocks.com features the Driving Green Podcast, providing insight into the highways of the future. Recent audio interviews/Podcasts include:
“Driving Green, Interview with Christina Page, Yahoo!’s Director of Climate and Energy Strategy”
http://investorideas.com/Podcasts/audio/102607.mp3
and
“Investorideas.com renewable energy and environmental interview with Mary Nichols, Chairman of the California Air Resources Board, recognized as one of Governor Schwarzenegger's most senior advisors on climate change.”
http://investorideas.com/Podcasts/audio/120407.mp3

About Featured Showcase Company, Electric car pioneer ZAP (OTCBB: ZAAP):
ZAP has been a leader in advanced transportation technologies since 1994, delivering over 100,000 vehicles to consumers in more than 75 countries. At the forefront of fuel-efficient transportation with new technologies including energy efficient gas systems, hydrogen, electric, fuel cell, ethanol, hybrid and other innovative power systems, ZAP has a joint venture to manufacture electric and hybrid vehicles with Youngman Automotive Group, one of China's leading manufacturers of buses and trucks. ZAP is developing a high-performance crossover SUV electric car concept called ZAP-X engineered by Lotus Engineering. ZAP is also developing a new generation of vehicles using advanced nanotech batteries with Advanced Battery Technologies. The Company recently announced a strategic partnership with Dubai-based Al Yousuf Group to expand its international vehicle distribution. ZAP also makes an innovative, new portable energy technology that manages power for mobile electronics from cell phones to laptops. (Advertisement)

About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com.

Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. ZAP currently pays the equivalent of two thousand five hundred in 144 shares and has provided promotional EV’s for the Greentech Investor Contest. www.InvestorIdeas.com/About/Disclaimer.asp

For more information contact:

Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, ZAP

Monday, December 17, 2007

Renewable Energy Stocks Sector Close Up on Solar Stocks 2007; Analyst Upgrades and Industry Experts Agree “It is Just the Beginning”

Renewable Energy Stocks Sector Close Up on Solar Stocks 2007; Analyst Upgrades and Industry Experts Agree “It is Just the Beginning”

Review of 52 Week Range of Evergreen Solar, China Sunergy, First Solar, XsunX, Inc. and other Solar Stocks


POINT ROBERTS, WA and DELTA, BC - December 17, 2007, www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close- up on solar stocks. Momentum created from oil prices closing in on $100 a barrel, global revenue growth within the sector and analyst upgrades have resulted in strong percentage gains in solar stocks.

Solar-power companies Evergreen Solar and China Sunergy reported new contracts and were up over 9% and 14% respectively on Friday’s close. JA Solar Holdings was up $6.83 giving traders a 10.84% gain for the day.

For investors following solar stocks, the RenewableEnergyStocks.com website provides a comprehensive list of photovoltaic and solar stocks to research.

The site also features commentary by solar expert, J. Peter Lynch, “Renewable and Solar Energy Perspectives" at http://www.renewableenergystocks.com/PL/.

According to Mr. Lynch, "Certainly to say that solar stocks were hot in 2007 is an understatement. Solar stocks probably, on average, outperformed the averages by 50 fold so far in 2007. This has been a GREAT year for solar stocks and it is just the beginning. The solar industry is currently at the very early stages of its growth curve and the future will be even brighter.”

Tom M. Djokovich, CEO of XsunX (OTCBB: XSNX) explains, “With the worldwide rise in energy prices, PV prices are now closer to conventional energy prices than ever before. Currently, there's abundant demand for solar modules at prices between $3.00 to $4.00/watt and thin film PV offers even lower price points. PV could be a significant player in the energy market at only $2 per watt but the industry will need to scale significantly to me the demand for lower priced PV. That's why we're working to position XsunX as a large scale manufacturer of thin film PV.”

Evergreen Solar Inc (Market, News) shares moved December 13th after UBS Investment Research initiated a "Buy," and had an after hours spike that continued into Friday’s market on news that it that it has signed a ten-year polysilicon supply agreement with Silicium de Provence S.A.S. “Silpro”. Calyon Securities analyst Kelly Dougherty also upgraded Evergreen to “Buy”
from Add. She noted in regards to the new Energy Bill, “The watered down bill should not have a significant impact on US demand, since domestic solar demand is really driven at the state level."

China Sunergy Co., Ltd. (Market, News), a solar cell manufacturer in Nanjing, China, announced news it had entered into a supply agreement with asola Advanced and Automotive Solar System GmbH , a German module manufacturing company. China Sunergy said it will supply 10.2MW of solar cells to asola during 2008.

First Solar, Inc. (Market, News), with a 52 week range of $26.54 to $256.45, closed up $3.34 on Friday and was rated a BUY on Dec13th by UBS.
For investors wanting to know if the solar stock run is over, the number of analyst upgrades across the sector would indicate –“no”!

The dramatic 52 week range of some of the well- known solar stocks also evidences the growing global investment moving into this sector.
(As of December 14, 2007)
LDK SOLAR CO ADR (Market, News) - $22.27 - $76.75, SUNPOWER CORPORATION (Market, News) $35.40 - $164.49, CANADIAN SOLAR INC. (Market, News) $ 6.50 - $ 24.83, SOLARFUN POWER HOLDI $ 8.22 - $31.80, AKEENA SOLAR INC $ 8.22 - $31.80, YINGLI GRN ENGY ADR (Market, News ) $ 10.48 - $39.20 and JA SOLAR HOLDINGS $ 16.17 - $72.06.

(OTCBB: XSNX). XsunX, Inc. has a 52 week range of $ 0.26 - $0.66.

About Featured Showcase Solar Company XsunX: (Advertisement) Based in Aliso Viejo, Calif., XsunX is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. To deliver its products the Company has begun to build a multi- megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, it plans to grow manufacturing capacities to over 100 megawatts by 2010. http://www.xsunx.com/ More info on XsunX, Inc. (OTCBB: XSNX) can be found on our media profile at:
http://www.investorideas.com/co/xsnx/default.asp

About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy, clean tech and fuel cell sectors.

Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. * XsunX has entered into an online featured showcase company agreement as of December 2007 and compensates the website $5000 per month.
www.InvestorIdeas.com/About/Disclaimer.asp

For more information contact:

Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, XsunX

Friday, December 14, 2007

China Sunergy Announces Agreement with asola

China Sunergy Announces Agreement with asola

NANJING, China, Dec. 14 2007 -- China Sunergy Co., Ltd. (Nasdaq: CSUN ), a specialized solar cell manufacturer based in Nanjing, China, announced today that it has entered into a supply agreement (the "Agreement") with asola Advanced and Automotive Solar System GmbH ("asola"), a reputable German module manufacturing company. Under the Agreement, China Sunergy will supply a total volume of 10.2MW of solar cells to asola during 2008.

Commenting on the Agreement, Allen Wang, CEO of China Sunergy said: "Following the recent aleo & CSI sales agreements, I am pleased to announce that we have made further in-roads into the European solar market and diversified our customer base. I believe that our European customers have been extremely satisfied with the standard of our solar cell products and look forward to further expanding our European footprint."

Commenting further, Reinhard Wecker, CEO and President of asola, added: "I am very glad to have found China Sunergy who I view as a valuable partner for our 2008 expansion plans and beyond. As we look to develop our business in new markets such as the US, Italy and Spain we would like to double or even triple our purchase volumes from China Sunergy each year."

Both parties will also explore the possibility of further cooperation between 2009 and 2012.

About China Sunergy Co., Ltd.:

China Sunergy Co., Ltd. (Nasdaq: CSUN - News; "China Sunergy") is a leading manufacturer of solar cell products in China as measured by production capacity. China Sunergy manufactures solar cells from silicon wafers utilizing crystalline silicon solar cell technology to convert sunlight directly into electricity through a process known as the photovoltaic effect. China Sunergy sells solar cell products to Chinese and overseas module manufacturers and system integrators, who assemble solar cells into solar modules and solar power systems for use in various markets. For more information please visit http://www.chinasunergy.com .

Safe Harbor Statement

This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as "believes," "expects," "anticipates," "intends," "estimates," the negative of these terms, or other comparable terminology. Factors that could cause actual results to differ include the effectiveness, profitability, and the marketability of the company's products; the ability of the company to operate as a public company; the period of time for which its current liquidity will enable the company to fund its operations; future shortage or availability of the supply of raw materials; general economic and business conditions; the volatility of the company's operating results and financial condition; the company's ability to attract or retain qualified senior management personnel and research and development staff; and other risks detailed in the company's filings with the Securities and Exchange Commission. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the companies and the industry. The company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the company believes that the expectations expressed in these forward looking statements are reasonable, they cannot assure you that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.


For further information contact:

China Sunergy
Fischer Chen
Email: fischer.chen@chinasunergy.com

Financial Dynamics
Julian Wilson: julian.wilson@fd.com
Tel: +86-10-8591-1951

Peter Schmidt: peter.schmidt@fd.com
Tel: +1-212-850-5654

Thursday, December 13, 2007

Evergreen Solar and Silpro Announce Polysilicon Supply Agreement

Evergreen Solar and Silpro Announce Polysilicon Supply Agreement

MARLBORO, Mass.--Dec 13,2007 -Evergreen Solar, Inc. (Nasdaq: ESLR ), a manufacturer of solar power products with its proprietary, low-cost String Ribbon™ wafer technology, announced today that it has signed a ten-year polysilicon supply agreement with Silicium de Provence S.A.S. (“Silpro”) with shipments beginning in mid 2010.


“With the Silpro agreement, we now have contracts for 100% of the silicon that we need to meet our previously stated cumulative sales goal of over 1 gigawatt of solar panels from 2008 to 2012 including over 500 megawatts of sales in 2012,” said Richard M. Feldt, Chairman, President and Chief Executive Officer of Evergreen Solar. “At less than 5 grams per watt today, we believe we are the clear industry leader in efficient polysilicon usage. Our new Quad wafer technology should enable us to further reduce our silicon usage to approximately 2.5 grams per watt over the next few years.”

About Evergreen Solar, Inc.

Evergreen Solar, Inc. develops, manufactures and markets solar power products using proprietary, low-cost manufacturing technologies. The Company’s patented crystalline silicon technology, known as String Ribbon, uses significantly less silicon than conventional approaches. Evergreen Solar’s products provide reliable and environmentally clean electric power for residential and commercial applications globally. For more information about the Company, please visit www.evergreensolar.com. Evergreen Solar® is a registered trademark and String Ribbon™ is a trademark of Evergreen Solar, Inc.

About Silicium de Provence S.A.S.

Using proven technology, Silpro is dedicated to the production of highly pure silicon for the solar power industry. Located in Saint Auban, France, Silpro’s initial capacity will total approximately 4,000 metric tons starting in 2010. Long term, Silpro’s capacity is expected to double to approximately 8,000 metric tons.

Silpro is owned by SOL Holding (a joint venture formed between Econcern and SOLON), Photon Power Industries (a wholly owned subsidiary of Photon Power Technologies) and Norsun.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of federal securities laws. Evergreen Solar cautions you that any statements contained in this press release that are not strictly historical statements constitute forward-looking statements. Such forward-looking statements include, but are not limited to: the Company’s ability to achieve its sales goals, the Company’s ability to design, construct, open and commence operation of new facilities as scheduled and at the expected cost, the Company’s ability to use its Quad technology platform and realize its yield, efficiency and silicon usage potential, and the Company’s expectations regarding the market penetration and growth of its technologies. These statements are neither promises nor guarantees, and involve risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. Such risks and uncertainties include, among other things, the following factors: the Company's business and results of operations could be materially impaired as a result of poor manufacturing or product performance; the market for solar power products is emerging and rapidly developing and market demand for solar power products such as the Company's products is uncertain; the Company has limited experience manufacturing large volumes of solar power products on a commercial basis at acceptable costs, which it will need to do in order to be successful; the Company faces intense competition from other companies producing solar power and other distributed energy generation products; the risk that the Company may fail to bring to market new products under development or that any such products may not achieve commercial acceptance; the risk that technological changes in the solar industry could render its solar products uncompetitive or obsolete; the Company sells via a small number of reseller partners, and the Company's relationships with current or prospective marketing or strategic partners may be affected by adverse developments in the Company's business, the business of the Company's strategic partners, competitive factors, solar power market conditions, or financial market conditions; the market for products such as the Company's solar power products is heavily influenced by federal, state, local and foreign government regulations and policies, as well as the availability and size of government subsidies and economic incentives, over which the Company has little control; and the Company may not have sufficient specialized silicon available to it based on general shortages in the availability of such silicon or the failure of the Company’s suppliers to fulfill their obligations under existing silicon supply agreements. In addition to the foregoing factors, the risk factors identified in the Company's filings with the Securities and Exchange Commission – including the Company’s Annual Report on Form 10-K filed with the SEC on February 27, 2007, as amended on Form 10-K/A on April 30, 2007, the Form S-3 filed with the SEC on May 16, 2007, and the Quarterly Report on Form 10-Q filed with the SEC on November 8, 2007 (copies of which may be obtained at the SEC s website at: http://www.sec.gov) – could impact the forward-looking statements contained in this press release. Readers should not place undue reliance on any such forward-looking statements, which speak only as of the date they are made. The Company disclaims any obligation to publicly update or revise any such statements to reflect any change in Company expectations, or in events, conditions or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements.



Contact:
Evergreen Solar, Inc.
Michael El-Hillow, 508-357-2221 x3244
Chief Financial Officer
investors@evergreensolar.com

Source: Evergreen Solar, Inc.

renewable energy stocks directory- recent additions

investors can research our updates of renewable energy stocks directory- recent additions
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp

we have recently made additions as the global interest grows and new public companies enter the sector-
Renewable Energy Stock ListRenewableEnergyStocks.com® has compiled a comprehensive directory of Global Renewable Energy Stocks in US, Canada and foreign markets.

Renewable Energy Stocks, Alternative Energy Stocks, Green Stocks and Funds broken down by the following sub-sectors:Alternative Energy Funds Biogas & Ethanol Stocks Biomass Clean Power Plants & Utilities Energy Efficiency Stocks Energy Storage Backup Flywheel Stocks Fuel Cell & Hydrogen Stocks Geothermal Stocks Green Certificates - Carbon Credit Stocks Micro Turbines Stocks Photovoltaic & Solar Stocks Recycling Technologies Stocks Renewable Energy Investment - General Sustainable & Electric Transportation, Green Automotive Stocks Wave & Tidal Power Stocks Wind Power & Wind Energy Stocks

Tuesday, December 11, 2007

Yingli Green Energy Announces Pricing of Convertible Notes and Secondary ADS Offering

Yingli Green Energy Announces Pricing of Convertible Notes and Secondary ADS Offering

BAODING, China--Yingli Green Energy Holding Company Limited (NYSE: YGE) today announced the pricing of its offering of US$150,000,000 zero coupon convertible senior notes due 2012 and the pricing of a concurrent offering of 5,600,000 American depositary shares (“ADSs”), each representing one ordinary share, by certain shareholders of the Company.

The US$150,000,000 zero coupon convertible senior notes will be convertible into the Company’s ADSs at an initial conversation rate of 23.0415 ADSs per US$1,000 principal amount of notes (which represents an initial conversation price of approximately US$43.40 per ADS, a 40% premium to the initial price per ADS in the concurrent secondary offering and a 29.17% premium to the trading price of the Company’s ADSs at market close on the previous trading day on December 10, 2007 on the New York Stock Exchange). The convertible notes will have a maturity of 5 years and will be due on December 15, 2012. Among other features of the notes, the note holders have the option to put the convertible notes on December 15, 2010, for a purchase price in cash equal to 116.43% of the principal amount of the notes to be purchased, and the Company can redeem the notes at any time after December 15, 2008 if the price of the Company’s ADSs exceeds certain thresholds. The convertible notes have a yield to maturity or yield to put of 5.125%. In addition, the Company has granted to the underwriters an option to purchase, up to an aggregate of an additional US$22,500,000 aggregate principal amount of the convertible notes to cover over-allotments, if any, within 30 days from the date of the prospectus.

ADSs will be sold by the selling shareholders at an initial price to the public of US$31.00 per ADS. In addition, the selling shareholders have granted to the underwriters an option to purchase, up to an additional 840,000 ADSs to cover over-allotments, if any, within 30 days from the date of the prospectus. The Company will not receive any proceeds from the sale of ADSs by the selling shareholders.

Net proceeds from the convertible notes offering are expected to be used to make an equity contribution of approximately US$100 million to Yingli Green Energy’s newly formed subsidiary, Yingli Energy (China) Company Ltd., to fund part of its planned construction of manufacturing capacity for the production of 200 megawatts for each of polysilicon ingots and wafers, PV cells and PV modules by the end of 2009 and for other general corporate purposes.

Credit Suisse Securities (USA) LLC, Goldman Sachs (Asia) L.L.C. and Merrill Lynch, Pierce, Fenner & Smith Incorporated are serving as the joint bookrunners for this offering and Piper Jaffray & Co is serving as co-manager.

Copies of the final prospectus relating to the offering may be obtained from Credit Suisse Securities (USA) LLC toll-free at 1-800-221-1037; Goldman Sachs (Asia) L.L.C. toll-free at 1-866-471-2526; or Merrill Lynch, Pierce, Fenner & Smith Incorporated toll-free at 1-866-500-5408.

A registration statement relating to these securities was filed with and declared effective by the U.S. Securities and Exchange Commission. The offering of these securities is being made only by means of a prospectus, filed with the U.S. Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Yingli Green Energy

Yingli Green Energy Holding Company Limited is one of the leading vertically integrated photovoltaic (PV) product manufacturers in China. Through the Company’s principal operating subsidiary in China, Baoding Tianwei Yingli New Energy Resources Co., Ltd., Yingli Green Energy designs, manufactures and sells PV modules and designs, assembles, sells and installs PV systems that are connected to an electricity transmission grid or those that operate on a stand-alone basis. With 200 MW of total annual production capacity in each of polysilicon ingots and wafers, PV cells and PV modules, Yingli Green Energy is currently one of the largest manufacturers of PV products in China as measured by annual production capacity. Additionally, Yingli Green Energy is one of the limited numbers of large-scale PV companies in China to have adopted vertical integration as its business model. Yingli Green Energy currently plans to gradually expand annual production capacity of polysilicon ingots and wafers, PV cells and PV modules to 400 MW by the end of 2008 and to 600 MW by the end of 2009. Yingli Green Energy sells PV modules under its own brand name, Yingli Solar, to PV system integrators and distributors located in various markets around the world, including Germany, Spain, Italy, China and the United States

Monday, December 10, 2007

LDK Solar Signs a 10-Year Wafer Supply Agreement with Q-Cells

LDK Solar Signs a 10-Year Wafer Supply Agreement with Q-Cells


XINYU CITY, China and SUNNYVALE, Calif., Dec. 10 ,2007 -- LDK Solar Co., Ltd. (NYSE: LDK - News), a leading manufacturer of multicrystalline solar wafers, announced today that it has signed a 10-year "Take or Pay" contract to supply multicrystalline wafers and polysilicon to Germany-based Q-Cells AG.

Under the terms of the agreement, LDK Solar will deliver more than 6 giga watts of multicrystalline solar wafers to Q-Cells over a ten-year period commencing in 2009 through 2018. LDK will use polysilicon from its polysilicon plant that is currently under construction, or other sources. Q-Cells shall make prepayments in the order of 10% of the silicon value to assist LDK with financing the expansion required to supply these volumes. Additionally, Q-Cells has the option to purchase further silicon wafers if LDK expands its production capacity.

"We are very pleased to expand our long standing relationship with Q-Cells with this significant supply agreement," stated Xiaofeng Peng, Chairman and CEO. "We believe this contract is a testament to the quality of our products and strong customer relationships. We are also pleased to continue to support Q-Cells' growth plans."

"LDK has been a highly reliable partner and we are pleased to deepen our business relationship with the company," stated Anton Milner, CEO of Q-Cells AG. "This 10-year contract with LDK ensures that we will continue to receive their high-quality multicrystalline wafers in support of our growth plans."

About LDK Solar

LDK Solar Co., Ltd. is a leading manufacturer of multicrystalline solar wafers, which are the principal raw material used to produce solar cells. LDK sells multicrystalline wafers globally to manufacturers of photovoltaic products, including solar cells and solar modules. In addition, the company provides wafer processing services to monocrystalline and multicrystalline solar cell and module manufacturers. LDK's headquarters and manufacturing facilities are located in Hi-Tech Industrial Park, Xinyu City, Jiangxi province in the People's Republic of China. The company's office in the United States is located in Sunnyvale, California.

About Q-Cells AG

Founded in 1999, Q-Cells AG, based in Thalheim, Germany, is the leading independent manufacturer of solar cells worldwide and one of the most rapidly growing companies in the PV industry. With its current workforce of more than 1,700 employees, Q-Cells expects to produce multi- and mono-crystalline silicon cells with a total output of 370 MWp in 2007. Q-Cells supplies independent module manufacturers in all strategic markets throughout the world.

The company targets primarily the high performance market of PV module and system suppliers, where its products add significant value to its customers. Q-Cells is currently in the process of increasing its production capacity in the core business to more than 500 MWp until the end of 2007. In addition Q-Cells is substantially commercializing several thin-film technologies through its subsidiaries.

Safe Harbor Statement

This press release includes statements that may constitute forward-looking statements made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Although LDK Solar believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, such statements are subject to risk and uncertainties that could cause actual results to differ materially from those projected.


Source: LDK Solar

Renewable Energy Stocks Features Solar Stock, XsunX, Inc. (OTCBB: XSNX)

Renewable Energy Stocks Features Solar Stock, XsunX, Inc. (OTCBB: XSNX)

POINT ROBERTS, WA and DELTA, BC – December 10, 2007, www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents featured showcase company, XsunX, Inc. (OTCBB : XSNX ). XsunX, Inc is a solar technology company focused on the build- out of its multi-megawatt thin film photovoltaic (TFPV) solar module manufacturing facilities.

XsunX, Inc returns to Renewable Energy Stock’s website, following a period of expanding upon the company’s solar business strategy. XsunX is positioned in a sector that has become a favorite of investors and was one of the first small cap solar stocks to attract mainstream investor interest two years ago, before green investing trend became a global trend.

Tom M. Djokovich, CEO commented, “ Timing is everything and we may have been ahead of the curve but now feel confident that our past few years of focus and research in thin film solar products has positioned us to compete in a global environment that is more educated and receptive to renewable energy technology than ever”.

According to a recent Research and Markets report: Global Solar Power Markets, “The solar photovoltaic industry has, over the years, witnessed growth at nearly 35 percent largely due to incentive driven markets of Japan and Germany. Problems such as silicon feed stock shortage and fear of removal of incentive programs have acted as major restraints for growth. However, despite these fears, there has been a steady growth in demand mainly due to price and supply vagaries of domestic electricity.”

The Company’s website is currently being updated to reflect the company’s expanding business direction, management team and technology. http://www.xsunx.com/

Investorideas.com will be featuring XsunX, Inc in a series of Podcasts and articles to educate the industry and investors about the company’s progress and developments.

More info on XsunX, Inc. (OTCBB: XSNX) can be found on our media profile at: http://www.investorideas.com/co/xsnx/default.asp

About Featured Showcase Company XsunX: (Advertisement)
Based in Aliso Viejo, Calif., XsunX is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. To deliver its products the Company has begun to build a multi- megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, it plans to grow manufacturing capacities to over 100 megawatts by 2010.

About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy, clean tech and fuel cell sectors.

We provide a variety of renewable and green content through news, articles, audio, research reports and our stock directories.

Recent exclusive educational audio/Podcasts in the green sector include:
“Driving Green, Interview with Christina Page, Yahoo!’s Director of Climate and Energy Strategy”
http://investorideas.com/Podcasts/audio/102607.mp3
and
“Investorideas.com renewable energy and environmental interview with Mary Nichols, Chairman of the California Air Resources Board, recognized as one of Governor Schwarzenegger's most senior advisors on climate change.”

http://investorideas.com/Podcasts/audio/120407.mp3

About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, the Middle East and Australia.

Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. * XsunX has entered into an online featured showcase company agreement as of December 2007 and compensates the website $5000 per month.

www.InvestorIdeas.com/About/Disclaimer.asp

For more information contact:

Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, XsunX

Thursday, December 06, 2007

Podcast with Mary Nichols, Chairman of the California Air Resources Board

Dawn Van Zant at Investorideas.com on behalf of the renewable energy and environmental portals interviews Mary Nichols, Chairman of the California Air Resources Board, recognized as one of Governor Schwarzenegger's most senior advisors on climate change.

Governor Schwarzenegger appointed Mary Nichols in July 2007 to lead California in its efforts to reduce greenhouse gases .

Mary, discusses her appointment, mandate and goals, returning to the Air Board 30 years after serving as the Chairman under Governor Jerry Brown, following an impressive career as a longtime environmentalist.

http://www.investorideas.com/podcasts/audio/120407.mp3

Tuesday, December 04, 2007

Upcoming Greentech Conference

Upcoming Greentech Conference

February 2008 (TBA)
Global Greentech Online Investor Conference

Hosted by Investorideas.com and our green investor portals

Public Companies, Global Investors , Industry Experts
Listen to our global online conference - minimum carbon footprint- maximum greentech insight!
Interested participants contact:
Dawn Van Zant 800 665 0411

Monday, December 03, 2007

ICB Enhances Classification System With Real Estate Supersector and Alternative Energy Sector

ICB Enhances Classification System With Real Estate Supersector and Alternative Energy Sector


NEW YORK, Dec. 3, 2007 -- The Industry Classification Benchmark (ICB), the joint classification system launched by Dow Jones Indexes and FTSE Group, today announced that they will be enhancing their four-tier industry classification system. ICB is a detailed and comprehensive structure for sector and industry analysis, facilitating the comparison of companies across four levels of classification and national boundaries.

Additions will be made to the supersector, sector and subsector levels, beginning with the elevation of real estate to the supersector level. Seven new subsectors will be added under real estate to include more detailed classification of REITs. Additionally, ICB will recognize alternative power sources by adding an alternative energy sector under the oil & gas supersector. These changes will be effective to the ICB system on March 1, 2008.

With the integration of the above enhancements, the structure will now be based on 10 industries, 19 supersectors, 41 sectors and 114 subsectors and offers broad, global coverage of over 50,000 companies and 55,000 securities. Prior to the revisions, the ICB Structure included 10 industries, 18 supersectors, 39 sectors and 104 subsectors.

ICB's changes to the classification of real estate companies will reflect the increasingly-recognized differences between real estate firms and financial services firms, and will provide more precise categorizations of real estate companies, particularly real estate investment trusts (REITs). The real estate sector will be elevated to a supersector with a new hierarchy of real estate sectors and subsectors including real estate holding & development companies, real estate services, and REITs involved in: industrial & office, retail, residential, diversified properties, specialty properties, mortgage companies, and hotels & lodging.

Expansions to oil and gas are being made to reflect the changing energy market, specifically the proliferation of companies involved in alternative energy and alternative utilities. The oil and gas industry group and supersector will be expanded to include an alternative energy sector with renewable energy equipment and alternative fuel subsectors. The electricity sector will now be separated into conventional electricity and alternative electricity subsectors and will continue to be classified under the utilities supersector.

ICB is now in use by major stock exchanges, data distributors, index providers, buy side and sell side institutions, custodians and media organizations globally. Global financial institutions have integrated ICB into their investment workflow and financial services, including NASDAQ, NYSE/Euronext, the London Stock Exchange, the Swiss Exchange, Aegon, the International Monetary Fund and the World Economic Forum, as well as media outlets including The Wall Street Journal, the Financial Times, CNBC and Dow Jones Newswires.

James Cemprola, Managing Director, ICB commented, ``The rapid adoption of ICB is a testament to the product's comprehensive global coverage, which is increasingly becoming the industry standard. Its balanced structure makes ICB attractive to financial institutions on the buy side, sell side, independent research, custodial banks and global distributors.''

More information about ICB is available at http://www.icbenchmark.com

For more information, journalists should contact:



Dow Jones Indexes Press Offices
New York: Tel: +1 212 597 5720
Frankfurt: Tel: + 49-69-2972590
Email: pr-indexes@dowjones.com

FTSE Group
New York
Jill Mathers
Tel: +1 212 641 6166
Email: jill.mathers@ftse.com

About ICB

ICB is the new global solution for industry classification. A joint effort of FTSE Group (FTSE) and Dow Jones Indexes, ICB is a comprehensive system for sector and industry analysis, facilitating the comparison of companies across four levels of classification. The system is supported by the ICB global database which contains over 50,000 companies and 55,000 securities worldwide. ICB has been adopted by stock exchanges, data distributors, index providers, buy side and sell side institutions, custodians and media organizations globally. For more information about ICB, visit http://www.icbenchmark.com.

The Industry Classification Benchmark logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=4490

About Dow Jones Indexes

A full-service index provider, Dow Jones Indexes develops, maintains and licenses indexes for use as benchmarks and as the basis of investment products. Best known for the Dow Jones Industrial Average, Dow Jones Indexes also is co-owner of the Dow Jones STOXX indexes, the world's leading pan-European indexes, and together with Wilshire Associates, provides the Dow Jones Wilshire Global Index family, which is anchored by the Dow Jones Wilshire 5000 and covers more than 12,000 securities in 59 markets. Beyond equity indexes, Dow Jones Indexes maintains a number of alternative indexes, including measures of the hedge fund and commodity markets. Dow Jones indexes are maintained according to clear, unbiased and systematic methodologies that are fully integrated within index families. http://www.djindexes.com

Dow Jones Indexes is part of Dow Jones & Company (NYSE:DJ - News) (dowjones.com), which is a leading provider of global business news and information services. Its Consumer Media Group publishes The Wall Street Journal, Barron's, MarketWatch.com, eFinancialNews and the Far Eastern Economic Review. Its Enterprise Media Group includes Dow Jones Newswires, Factiva, Dow Jones Client Solutions, Dow Jones Indexes and Dow Jones Financial Information Services. Its Local Media Group operates community-based information franchises. Dow Jones owns 50% of SmartMoney and 33% of STOXX Ltd. and provides news content to CNBC and radio stations in the U.S.

About FTSE Group

FTSE Group is leader in the creation and management of indexes and related market data services. FTSE's flagship index, the FTSE Global Equity Index Series (GEIS), covers 98% of the world's total investable market capitalization and includes a broad range of traditional and alternative asset class indexes such as multinationals, style, socially responsible investment, real estate and hedge funds. Custom indexes are designed and created regularly to meet a wide variety of investment strategies for clients. FTSE also manages and calculates non-market capitalization weighted indexes, which offer investors an alternative way to benchmark performance.

FTSE has partnered with notable financial industry leaders in key regions to create unique and innovative products for the investment community, including NASDAQ, Dow Jones Indexes, NAREIT, Institutional Shareholder Services (ISS), and Research Affiliates (RAFI) in the U.S.; Xinhua Financial Network of China, Nikkei of Japan (Nihon Keizai Shimbun, Inc), and the ASEAN stock exchanges in Asia; and Euronext, the London Stock Exchange, EPRA, and Global Wealth Associates in Europe. Partnerships with the Athens, Cyprus, Johannesburg, Luxembourg and Madrid stock exchanges round out FTSE's global coverage of markets worldwide.



Contact:
Dow Jones Indexes
New York:
+1 212 597 5720
Frankfurt:
+ 49-69-2972590

Source: Dow Jones Indexes

Saturday, December 01, 2007

First Solar Announces Acquisition of Turner Renewable Energy

First Solar Announces Acquisition of Turner Renewable Energy

PHOENIX, Nov. 30, 2007 - First Solar, Inc. (NasdaqGM:FSLR ) announced that it has acquired Turner Renewable Energy, LLC for a purchase price of approximately $34.3 million paid in a combination of common stock of First Solar, Inc. and cash. The company will operate as a wholly owned subsidiary of First Solar, Inc. under the name First Solar Electric, LLC.

Turner Renewable Energy, LLC has operated under the name DT Solar, a Turner Renewable Energy Company, since January 2007 when entrepreneur and philanthropist Ted Turner invested in the company. DT Solar has designed and deployed commercial solar projects for utilities and Fortune 500 companies in the U.S. since 2004. The acquisition brings to First Solar a team of people experienced in the development of independent power projects, marketing of energy, and operation of commercial power plants in the United States.

About First Solar

First Solar, Inc. (NasdaqGM:FSLR - News) manufactures solar modules with an advanced thin film semiconductor process that significantly lowers solar electricity costs. By enabling clean renewable electricity at affordable prices, First Solar provides an economic alternative to peak conventional electricity and the related fossil fuel dependence, greenhouse gas emissions and peak time grid constraints. For more information about First Solar, please visit http://www.firstsolar.com.

The First Solar, Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3052

For First Solar Investors

This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the company's business involving the company's products, their development and distribution, economic and competitive factors and the company's key strategic relationships and other risks detailed in the company's filings with the Securities and Exchange Commission. First Solar assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.



Contact:
First Solar, Inc.
Media Inquiries:
Lisa Morse
(602) 414-9361
lmorse@firstsolar.com


Source: First Solar, Inc.