San Jose, CA, USA: SunPower Acquires Solar Sales, a Leading Australian Distributor

SunPower Corporation has completed the acquisition of Australian integrator and distributor, Solar Sales Pty Ltd. With this acquisition, SunPower now extends its global presence into the emerging Australian solar market.

New York, NY, USA: GT Solar International Prices Initial Public Offering

GT Solar International has announced that the initial public offering of 30.3 million shares of its common stock has been priced at $16.50 per share.

Vancouver, BC, Canada: Xantrex Technology in Negotiations for Sale of Company

Xantrex Technology has announced that it is in exclusive negotiations with respect to the sale of the Company.

Hamburg, Germany: Conergy to Raise €450 million

The Management Board of Conergy AG with the consent of the Supervisory Board today announced plans for a significant increase of the company’s equity base to substantially strengthen the balance sheet of the company.

San Jose, CA, USA: SunPower Reports Second-Quarter 2008 Results

Revenue for the 2008 second quarter was $382.8 million, up 40% from prior- quarter revenue of $273.7 million and up 120% from year-ago second-quarter revenue of $173.8 million. The Components and Systems segments accounted for 29% and 71% of second quarter revenue, respectively.

San Francisco, CA, USA: Recurrent Energy Announces $75M in Solar Funding

Recurrent Energy, a solar power developer and the pioneer in "Solar as a Service", is partnering with Hudson Clean Energy Partners. Hudson has committed an initial $75MM to fund the expansion of Recurrent Energy’s business providing Solar as a Service to commercial and industrial properties, as well as utility and government markets in North America, and emerging markets worldwide.

Berlin, Germany: Sulfurcell Secures Financing for Major Expansion

Sulfurcell, a developer and manufacturer of CIS/CIGSe (copper indium gallium sulfide/selenide) photovoltaics has secured EUR 85 million ($ 135M) equity funding for a significant expansion of its manufacturing with a new plant in Berlin for the production of CIS/CIGSe based thin-film solar modules.

White River Junction, VT, USA: groSolar Acquires Chesapeake Solar

groSolar, a provider of solar energy solutions, has acquired Chesapeake Solar, a leading installer of solar energy systems in the Mid-Atlantic region.

Marlboro, MA, USA: Evergreen Solar Closes $374 Million Public Offering of Senior Convertible Notes

Evergreen Solar has closed the sale of its previously announced underwritten public offering of 4% senior convertible notes due 2013, which included $325 million aggregate principal amount of notes sold on July 2, 2008 and $48.75 million aggregate principal amount of notes sold on July 8, 2008, pursuant to the exercise in full of the underwriters' over-allotment option.

Santa Clara, CA, USA: Intel Capital Invests in Solar Start Up, SpectraWatt

To spur new development and demand for renewable energy sources, Intel Corporation is spinning off key assets of a start-up business effort inside Intel’s New Business Initiatives group to form an independent company called SpectraWatt Inc.

June 13, 2008

Schenectady, NY, USA: GE Energy Raises Stake in Thin Film Start Up

GE Energy has increased its equity share in PrimeStar Solar, Inc., an emerging solar thin-film technology and manufacturing company. GE already held a minority equity share of PrimeStar Solar, as announced in September 2007.

Berlin, Germany: SOLON AG Acquires Stake in Start Up Polysilicon Manufacturer

Berlin-based SOLON AG, one of Europe's biggest manufacturers of solar modules and photovoltaic systems for the construction of large-scale solar power plants, has acquired a 19.5 percent stake in the Italian start-up company Estelux s.r.l.

New York, NY, USA: FTL Solar Closes Series A Financing

FTL Solar has closed a successful first round of funding, as Phase I of the Company's $50 million capital acquisition initiative.

Stuttgart, Germany: Bosch Plans to Acquire Majority Stake in ersol Solar Energy AG

Bosch has signed agreements with the financial investor Ventizz to acquire 50.45 percent of the shares in ersol Solar Energy AG, Erfurt, Germany.

Beltsville, MD, USA: SunEdison Raises $161 Million

SunEdison, North America’s largest solar energy services provider, has closed $131 million of private equity and $30 million of debt financing with new and existing investors over the last six months.

Wuxi, China: Suntech Reports First Quarter 2008 Financial Results

Suntech Power today reported total net revenues for the first quarter of 2008 were $434.5 million, representing an increase of 76.1% from the corresponding period in 2007.

Waterloo, ON, Canada: ARISE Technologies Raises $45.1 Million

ARISE Technologies has completed its previously announced offering of common shares through a bought deal. The offering consisted of 20,500,000 common shares issued by the company for gross proceeds to ARISE of $45,100,000 and the sale of 500,000 common shares.

Littleton, CO, USA: Ascent Solar Prices Public Offering

Ascent Solar Technologies has priced a public offering of 3,800,000 shares of its common stock for $14.00 per share, before deducting underwriting discounts and commissions, pursuant to a previously filed registration statement that was declared effective by the Securities and Exchange Commission on May 15, 2008.

Rome, Italy: Enel and Sharp Establish Strategic Solar Partnership

The Managing Director of Italian utility, Enel’s Market Division Francesco Starace and Sharp’s Corporate Senior Executive Vice President Toshishige Hamano signed an agreement to form a strategic partnership in the photovoltaic sector in the presence of Enel Chief Executive Officer and General Manager Fulvio Conti and Sharp Chairman and Chief Operating Officer Katsuhiko Machida.

Erfurt, Germany: ersol Solar Energy AG Presents First Quarter Results

ersol Solar Energy AG generated consolidated revenue of € 52.4 million in the first quarter of 2008, thus almost doubling its revenue compared with last year’s period (Q1 2007: € 26.1 million).

Baoding, China: Yingli Green Energy Reports First Quarter 2008 Financial Results

Yingli Green Energy today announced its unaudited financial results for the first quarter ended March 31, 2008.

Net revenues were RMB 1,595.0 million (US$227.5 million) in the first quarter of 2008, which increased by 9.8% from RMB 1,453.2 million in the fourth quarter of 2007 and by 272.2% from RMB 428.6 million in the first quarter of 2007.

Jiashan, China: Rensola Announces First Quarter 2008 Results

Chinese wafer manufacturer, ReneSola Ltd has released its unaudited financial results for the first quarter ended March 31, 2008.

Net revenues for the first quarter of 2008 were US$123.0 million, an increase of 28.0% sequentially and 242.4% year-over-year.

Bitterfeld-Wolfen, Germany: Q-Cells AG Publishes Results for First Quarter 2008

Q-Cells AG has released its report for the quarter to 31 March 2008. In the first three months of 2008, production rose to 117.0 Megawatt peak (same period in the previous year: 78.0 MWp), which equates to growth of 50 % as against the first quarter of 2007.

Jiangsu, China: Canadian Solar Reports First Quarter 2008 Results

Chinese manufacturer, Canadian Solar Inc. today reported its preliminary unaudited US GAAP financial information for the first quarter ended March 31, 2008. Net revenues for the quarter were $171.2 million (including $2.2 million of silicon material sales), compared to net revenues of $17.5 million for the first quarter of 2007 (including $2.8 million of silicon materials sales) and $127.5 million for the fourth quarter of 2007 (including $2.4 million of silicon materials sales).

Xinyu City, China: LDK Solar Reports Financial Results for the First Quarter 2008

Multi-crystalline wafer manufacturer, LDK Solar yesterday reported its unaudited financial results for the first quarter ended March 31, 2008. Net sales for the first quarter of fiscal 2008 were $233.4 million, up 21.1% from $192.8 million for the fourth quarter of fiscal 2007, and up 218.0% year-over-year from $73.4 million for the first quarter of fiscal 2007.

Hebei, China: JA Solar Reports First Quarter 2008 Results

JA Solar Holdings today reported financial results for the first quarter ended March 31, 2008.

Total revenue for the first quarter 2008 was RMB 1.12 billion (US$160.0 million), an increase of 234.8% from first quarter 2007 revenue of RMB 335.1 million (US$47.8 million), and an increase of 6.7% from fourth quarter 2007 revenue of RMB 1.05 billion (US$150.0 million).

Hamburg, Germany: Conergy Reports 53% Increase in Sales in First Quarter

Hamburg based Conergy AG, says the company has regained momentum in the first quarter of 2008 and increased sales by 53% to EUR 203 million, compared to the same quarter last year.

Rochester Hills, MI, USA: Energy Conversion Devices Announces Results to March 31, 2008

Total consolidated revenues for the quarter were $70 million, up 24 percent from second quarter revenues of $56.4 million, and 155 percent higher than third quarter fiscal 2007 revenues of $27.4 million.

Los Gatos, CA, USA: Akeena Solar Announces First Quarter 2008 Results

Net sales for the first quarter of 2008 were $12.2 million, an increase of 94.7% compared to $6.3 million in net sales in the first quarter of 2007 and an increase of 18.7% compared to $10.3 million in sales in the fourth quarter of 2007.

Albuquerque, NM, USA: SkyFuel Secures Funding for Solar Thermal Power Technology

SkyFuel, Inc. has close $17 million of Series B equity financing from investors led by Leaf Clean Energy Company [LSE: LEAF.L], a publicly traded $400 million clean energy company advised by Energy & Climate Advisors, a joint venture between Shaw Capital, Inc. and EEA Group.

Tempe, AZ, USA: First Solar Announces First Quarter 2008 Results

First Solar today announced its financial results for the first quarter ended March 29, 2008. Quarterly revenues were $196.9 million, down from $200.8 million in the fourth quarter of fiscal 2007 and up from $66.9 million in the first quarter of fiscal 2007.

Sarasota, FL. USA: Sunovia Raises $12 million

Sunovia Energy Technologies has completed its mezzanine round of financing. The company has currently raised a total of $12 million, and continues to allocate proceeds to the development of the scalable CdTe-based solar cell manufacturing facility and sales of the EvoLucia(TM) LED-based solid-state lighting solutions.

Bonn, Germany: SolarWorld AG Meets First Quarter 2008 Forecast

In the first quarter of 2008 SolarWorld AG significantly expanded its national and international solar business. Group sales increased over the previous year by 28 per cent to 167.5 (prior year: 131.1) million EUR.

Valletta, Malta: SunRay Renewable and Denhan Capital to Develop Solar Projects

SunRay Renewable Energy has formed a strategic partnership with Denham Capital Management LP, a global private equity firm, to develop a sizeable portfolio of solar energy projects, including both solar parks and rooftop installations.

Greenwich, CT, USA: First Reserve Completes Acquisition of Gamesa Solar

First Reserve Corporation, a private equity firm specializing in the energy industry, has completed the acquisition of Gamesa Solar, the leading solar energy company in Spain, for a total consideration of euro 261 million.

Toledo, OH, USA: Xunlight Raises $22 Million in Series B Financing

Xunlight Corporation, a developer of low cost and flexible thin-film silicon solar modules, has raised $22 million in a Series B financing.

Oslo, Norway: REC Reports First Quarter 2008 Results

Renewable Energy Corporation ASA (REC) reported revenue of NOK 1,771 million in the first quarter 2008, an increase of 10 percent from NOK 1,616 million in the first quarter 2007 Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to NOK 742 million in the first quarter 2008, a decline of 15 percent from NOK 869 million in the first quarter 2007.

Pasadena, CA, USA: eSolar Raises $130 Million from Idealab

Today, eSolar™, a producer of scalable solar thermal power plants, has closed $130 million in funding from Idealab, Google.org, Oak Investment Partners, and other investors for the construction and deployment of pre-fabricated power plants.

Mississauga, ON, Canada: 6N Silicon Secures up to $20 Million in Financing Led by Good Energies

6N Silicon Inc., a supplier of true solar grade silicon for the photovoltaic industry, announced today that it has secured up to USD $20 million in second round financing.

Marlboro, MA, USA: Evergreen Solar Announces First Quarter 2008 Results

Evergreen Solar, a manufacturer of solar power products with its proprietary, low-cost String Ribbon™ wafer technology, today announced financial results for the quarter ended March 29, 2008. Product sales were $18.3 million for the first quarter of 2008, compared to $16.9 million for the fourth quarter of 2007 and $12.6 million in the first quarter of 2007.

Jiashan, China: ReneSola Increases Full Year Production Output and Revenue Guidance

Chinese wafer manufacturer, ReneSola is increasing its previously issued full year production output and revenue guidance for 2008. Full year production output for 2008 is now expected to be in the range of 310 megawatts (MW) to 320 MW, up from the Company's previously issued guidance of 300 MW.

San Jose, CA, USA: SunPower Reports First-Quarter 2008 Results

SunPower Corporation today announced financial results for the first quarter 2008, which ended March 30, 2008.

Revenue for the 2008 first quarter was $273.7 million, up 22% from prior-quarter revenue of $224.3 million and up 92% from year-ago first-quarter revenue of $142.3 million. The Components and Systems segments accounted for 35% and 65% of first-quarter revenue, respectively.

San Luis Obispo, CA, USA: Norway's REC Makes Investment in Mainstream Energy Corporation

Mainstream Energy Corporation (MSE), a renewable energy company headquartered in San Luis Obispo, California, has completed an equity transaction worth $40 million with Oslo, Norway based Renewable Energy Corporation ASA.

Houston, TX, USA: Standard Renewable Energy Announces $15 Million in Funding

Standard Renewable Energy, a Houston-based provider of energy efficiency and renewable energy solutions, has received $7 million in Series B funding, adding to the $8 million it received less than 12 months ago in its Series A round.

Hamburg, Germany: Conergy Plans Sales of Over 1 Billion Euro in 2008

Five months after the start of its restructuring program, Conergy AG says that the company is significantly more tightly and efficiently organised and is making good progress with its strategic repositioning.

Xinyu City, China: LDK Solar to Offer $300 Million in Senior Convertible Notes

LDK Solar announced today its intention to offer, subject to market and other conditions, approximately $300 million aggregate principal amount of Senior Convertible Notes due 2013 pursuant to Rule 144A under the United States Securities Act of 1933, as amended (the "Securities Act").

Portland, OR, USA: SunEdison Acquires Portland's Renewable NRG

SunEdison, North America’s largest solar energy services provider, today announced that on March 7, 2008 it acquired the business of Renewable NRG™, a leading solar company in Portland.

Paris, France: EDF Energies Nouvelles Invests in Nanosolar

EDF Energies Nouvelles has signed a photovoltaic panel supply master agreement with Nanosolar and a $50 million investment in the company via EDF Energies Nouvelles Réparties.