North Carolina State University (NCSU) has received $500,000 in research funding from SolarAmp (Raleigh, NC) to develop a molecular-based, solid-state, solar cell....
Harris Corp. (Melbourne, FL) recently announced it is selling off its entire semiconductor business. Harris has entered an agreement to sell the division to a subsidiary of Sterling Holding Company LLC, a Citicorp Venture Capital Ltd. investment portfolio company. Harris had previously intended to sell only the power portion of the semiconductor division."Selling the whole […]
A recent national survey confirmed that most US citizens believe renewable energy should be given priority for federal energy funding and that nuclear power and fossil fuels should be the first technologies cut, according to the Sustainable Energy Coalition (Takoma Park, MD). The survey questioned 1,029 adult Americans 18 years of age or older. For […]
AstroPower (Newark, DE) announced that it has executed a term sheet with GPU Inc. (Morristown, NJ) to cooperate in the development of products and services that address the significant business opportunities resulting from electric industry restructuring. The two companies believe that electricity restructuring will create an increasing market for clean solar electric power and will […]
Electrofuel Inc. (Toronto) announced that its new Lithium-Ion SuperPolymer battery has almost doubled the previous endurance record of rechargeable batteries. The new SuperPolymer battery has an energy density of 470Wh/litre and 183Wh/kg, and is claimed to be able to power laptop computers for 15 hours or more when fully charged. The first product based on […]
Enron Wind Corp. (Bakersfield, CA) slashed their employee rolls in response to the elimination of federal wind power tax credits. Eighty workers at their Zond Energy Systems manufacturing facility in Tehachapi, California will be laid off by July 20th. The factory opened two years ago.The tax credit of 1 1/2cents per kilowatt hour of power […]
Kyocera Corp. (San Diego) announced that its wholly owned subsidiary Kyocera International Inc. has reached an agreement with Golden Genesis (Golden, CO) and its majority stockholder, ACX Technologies Inc. (Golden, CO) to acquire 100 percent of the common shares of Golden Genesis at $2.33 per share, for a total value of $39.6 million.The acquisition, which […]
According to Japanese news reports, chemical firm Kaneka Corp. (Japan) and BP Amoco (London) are preparing to cooperate on sales of solar cells. BP Amoco is expected to invest about 1 billion yen in a Kaneka subsidiary developing low-cost solar cells by June, and to market the products through BP Amoco's sales network.
Golden Genesis Co. (Golden, CO) announced a sizable increase in sales, up 18 percent, for the first quarter ended March 31, 1999, over the first quarter of last year. Net sales were $11.6 million, compared to net sales of $9.8 million for the comparable quarter a year ago. A loss per diluted common share of […]
Energy Conversion Devices (ECD, Troy, MI) President and CEO Stanford Ovshinsky has been chosen as the 1999 recipient of the Karl W.Bohr Solar Energy Medal of Merit. The medal was awarded jointly by the University of Delaware and the International Solar Energy Society "to honor significant pioneering to advance and promote the global use of […]
York Research Corp. (New York), which operates the $440 million dollar Big Spring Wind Power Project, announced the latest improvement to the wind-powered grid as a result of the installation of new Vestas-66 super windmills. York and TU Electric also announced that all 46 of the turbines in the project have been fully activated.The V-66 […]
American Electric Power (AEP, Columbus, OH) announced that eleven schools in Ohio and one in Texas have signed on to the Solar Schools program. The international Solar Schools program is a collaborative effort of AEP, BP Solar, the Foundation for Environmental Education, the federal and state governments and local communities. The first such school, Bluffsview […]
Spire Corp. (Bedford, MA) recently announced it has retained investment banking firm OEM Capital as its financial advisor to advise the company on its strategic options, which may include a joint venture, merger, the sale of a product line or a business, or all of the company."The variety of growth opportunities available in our three […]
Solarex (Frederick, MD) announced the commissioning of the largest US-based solar electric system using its Millennia thin-film solar electric modules. The newly dedicated, 43kW system uses 1,400 Millennia modules and is located on top of the BJ's Wholesale Club in Conshohocken, Pennsylvania. The solar modules were sold to Sun Power Electric (Westborough, MA), who were […]
Spire Corp. (Bedford, MA) reported financial results for the fourth quarter and for the year ended December 31, 2000. For the last quarter, total revenues were $2,368,000, a decrease of 12 percent from the fourth quarter of 1999. Solar energy revenues for that period were $937,000, compared to $914,000 for the same 1999 period. Revenues […]