Friday, January 15, 2010

This Week in Solar

Disney Buys Marvel!

David Gardner called it. He’s up 1,334%! See what David’s recommending that you buy NEXT.

This was a jam-packed week for solar news, so forgive me in advance if I missed something.

eSolar made serious Sino-waves with a major project announcement in China over the weekend. You can read all about that one right here. One thing I did not mention is that the concentrating solar thermal power (CSP) company is looking at integrating biomass generation, which could allow the power plants to operate at 90% of capacity. That would significantly boost the already-impressive 65% capacity factor that Sandia Labs has estimated that a molten-salt power tower could be expected to achieve.

On Monday, Solarfun Power (Nasdaq: SOLF) and Q-Cells announced module deals in China and project wins in Canada, respectively, but the figures involved were modest. More interesting was the investment by Dow Chemical in CIGS thin-film startup Nuvosun, which is led by Dave Pearce, the founder and former CEO of Miasole. That latter company became one of the first to ship commercial CIGS modules last year, and just won over $100 million in tax credits from Uncle Chu. This Pearce fellow clearly has some interesting ideas. Nuvosun will be one to watch.

On Tuesday, there were some bullish announcements by Suntech Power

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