Voices

Solar Updates Marines' Arsenal

A company of U.S. Marines recently conducted a remarkable three-week patrol through southern Afghanistan, replacing hundreds of pounds of spare batteries in their packs with roll-up solar panels the size of placemats to power their battle gear.

Voices

Solar Updates Marines’ Arsenal

A company of U.S. Marines recently conducted a remarkable three-week patrol through southern Afghanistan, replacing hundreds of pounds of spare batteries in their packs with roll-up solar panels the size of placemats to power their battle gear.

Voices

Half of Solar Firms to Fail, Analyst Says

Half of the existing solar manufacturers may not survive through the end of next year, according to the market research firm The Information Network, as reported by DigiTimes. The piece said Information Network chief Robert Castellano believes “massive inventory buildup and huge overcapacity” are having a serious impact on solar panel manufacturers.

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FSLR: Reiterates ’09 View, Stock Down on Germany Woes

Shares of solar panel technology maker First Solar (FSLR) are reversing course this evening, falling to $170 after briefly going as high as $189 following a clean Q2 beat. What’s spooked people are the company’s remarks on a conference call this evening about growing uncertainty in its German market.

Good Thing the iPhone Doesn't Have a Brain Wave Analyzer…

With its speech synthesizers, brain current-operated controls and solar power source, the device described in Monec Holding’s patent–“electronic device, preferably an electronic book”–would seem to have little in common with Apple’s iPhone. Still, it is a “light-weight” electronic device with a “touch-screen” and “a power source.” And these days, that’s enough file suit over…
sillypatent

Good Thing the iPhone Doesn’t Have a Brain Wave Analyzer…

With its speech synthesizers, brain current-operated controls and solar power source, the device described in Monec Holding’s patent–“electronic device, preferably an electronic book”–would seem to have little in common with Apple’s iPhone. Still, it is a “light-weight” electronic device with a “touch-screen” and “a power source.” And these days, that’s enough file suit over…
sillypatent

Voices

Suntech: Another Solar Company at Risk as Prices Tumble

Gabelli & Co. analyst John Segrich notes that Suntech–which has emerged as the largest Chinese solar module manufacturer–is likely to underperform as the rapid deterioration of pricing and demand in the solar market continues amid the sharp economic downturn.

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Solar: Have We Hit the Bottom in Demand?

Has solar demand–and the slide in solar shares–finally hit bottom? The solar analysts at Merrill Lynch think so. In a piece authored by analysts Lu Yeung, Vincent Chow, Matthew Yates and Steve Millunovich, Merrill this morning asserts that “improving second derivative trends” suggest the industry is headed for a cyclical bottom.

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Solar: Cowen Chops Estimates; Sees Slower Global Growth

Cowen analyst Robert Stone this morning cut estimates for the solar sector across the board, asserting that Street estimates for at least the first half of 2009 are too high, and there could be further downside if project credit conditions do not improve. Project financing seems to be the issue rather than the cost of individual panels.

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Suntech Shares Plunge on Shockingly Weak Q4 Outlook

Suntech shares are trading dramatically lower–and dragging down the rest of the already battered solar sector–on an extremely weak outlook for Q4 results. For Q3, the company posted revenue of $594.4 million and non-GAAP profits of 36 cents a share. That beat the Street estimate of $571.7 million at the top line, but fell short of Street estimate of 42 cents at the bottom line.