LDK Solar Co signed a five-year contract to supply multicrystalline solar wafers to China-based Jiangxi Solar PV Corp.
LDK Solar will deliver about 70 megawatts of the wafers to JSPV, a new venture created by U.S.-based Solar PV Corp., over a five-year period starting in 2009. Financial details were not disclosed.
LDK Solar shares rose $1.74, [...]

Solamatrix, Inc. manufacturer of solar control window film products recently opened its corporate headquarters and production facility in St. Petersburg, FL. After acquiring the assets of Film Technologies International in March 2008 including the 100,000-square-foot facility, manufacturing equipment and rights to all intellectual property, Solamatrix has already created over 60 new jobs and plans for [...]

A General Electric subsidiary increased its share of solar technology company PrimeStar Solar Inc. to a majority stake.
GE Energy said in September 2007 that it had taken a minority stake in the company.
Golden, Colo.-based PrimeStar was formed in 2006 to develop and commercial thin-film photovoltaic modules. It has 60 employees.
Financial terms of the deal and [...]

A unit of Duke Energy Corp. wants to spend about $100 million to install solar panels to generate electricity at as many as 850 sites.
The proposal, filed with the North Carolina Utilities Commission, aims to install the panels at schools, homes, stores and factories.
If approved, Duke Energy Carolinas would spend two years installing the panels, [...]

Shares of solar power companies rose after German lawmakers reached a tentative agreement on a smaller reduction in state subsidies to solar companies than some investors feared.
Lawmakers agreed to cut the nation’s so-called feed-in tariff by 8 percent in 2009 and 2010, and 9 percent for each subsequent year. The law requires utilities to buy [...]

The head of DuPont Co. says the chemicals producer expects sales to solar energy customers will more than triple within the next five years.
Chief Executive Charles O. Holliday Jr., speaking at the Sanford Bernstein Strategic Decisions Conference, said DuPont expects increased demand for renewable energy sources like photovoltaics — or solar — and ethanol made [...]

Quantum Fuel Systems Technologies Worldwide Inc. says its German solar partner, Asola Advanced and Automotive Solar Systems GmbH, won a $17 million contract from Sunworx GmbH for the supply of high-efficiency silicon photovoltaic solar modules. Sunworx will take delivery of the modules this year.
Quantum and Asola recently announced plans to triple solar module production capacity [...]

Duke Energy Corp. said Wednesday it plans to buy all the power generated at a massive solar power plant to be built north of Charlotte.
The Charlotte-based utility is expected to purchase more than 16 megawatts of power from SunEdison LLC, a Maryland company that is one of the nation’s leading providers of solar-produced energy. The [...]

Alternative energy company Quantum Fuel Systems Technologies Worldwide Inc. says its German partner will boost solar module manufacturing capacity for its European systems to meet growing demand.
Asola Advanced and Automotive Solar Systems GmbH will lift its capacity to 45 megawatts peak power annually and will build a new plant.
Quantum said it is in talks to [...]

Trina Solar Ltd. signed a long-term polysilicon supply agreement with Jupiter Corp. Ltd., an affiliate of DTK Industries (Qingdao) Co., Ltd.
Both companies are based in China.
Qingdao DTK will supply Trina Solar with enough polysilicon to make about 650 megawatts of solar modules over six years. Delivery of polysilicon at predetermined prices is expected to start [...]