market price of plastics prime virgin and scrap in USA and China 4weeks March, 2010
price of plastics scrap in China price of plastics scrap in USA price of plastics prime virgin
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SunPower Reports Fourth-Quarter, Year-End 2009 Results
March 18, 2010 SunPower Corp. (Nasdaq: SPWRA, SPWRB) today announced financial results for its 2009 fourth quarter and fiscal year 2009 which ended January 3, 2010. Sunpower is one major supplier of PV solar system and solar panel in Worldwide his revenue is a little increase than last year but decrease gross margin to 20% from 24% the last year specially his system div. decrease revenue and gross margin component div. is increase revenue but little decrease margin also Sunpower has focus develop business of PV solar electrical generation therefore acquire major develop company in Europe, who is SunRay renewable energy With the acquisition of SunRay Renewable Energy, Sunpower will significantly increase demand visibility by adding more than 1,200 MW of Europe, Middle East and Africa (EMEA) power plant opportunities
First Solar to add eight CdTe lines; targets sales US$2.9 billion in 2010 (updated)
Taking note of the focus that investors and the solar industry in general were waiting to hear from the guidance given today by First Solar about its operational performance expectations for 2010, the thin film leader kicked off its investor meeting in New York by announcing a capacity expansion plan that includes the build-out of another eight production lines at its manufacturing hub in Kulim, Malaysia. Fiscal year 2010 net sales are projected to be $2.7 billion to $2.9 billion. Approximately US$365 million will be allocated to the two new production plants that each will have four manufacturing lines, with the new capacity starting to come online in the first half of 2011. This expansion is expected to increase First Solar's annual capacity by 424MW, assuming the third-quarter 2009 reported annual line run rate of 53MW. Interestingly, its previously announced 100MW-plus, two-line contract manufacturing plant to be built in France for EDF will not be started until the new expansi...
First Solar first to 1GW annual module production
With its CdTe thin film module capacity now above 1GW with the full ramp of its new production lines in Malaysia, First Solar says it has become the first PV manufacturer to reach a gigawatt of production in a single year. The company estimated that 1GW of production is equivalent to enough electricity to serve the needs of approximately 145,000 average U.S. homes and saves roughly 1 million metric tons of carbon dioxide emissions annually. "This proof that the solar industry can achieve the manufacturing scale necessary to fight climate change is especially timely in light of the Copenhagen conference that began last week," said Bruce Sohn, First Solar's president. "Our efforts in scaling our technology are critical to creating a more sustainable energy infrastructure and reducing greenhouse gas emissions." With its thin film production techniques and manufacturing scale, First Solar also has the lowest cost of manufacturing within the industry, reaching a cost...
Solar market share shifts seen in California
30 November 2009 | By Mark Osborne As the dominant state for solar module installations, California is the most competitive region for companies marketing their solar modules in the U.S. Until now, SunPower with its network of distributors and project knowhow has been the leading module supplier in the state but things are starting to shift rapidly, and SunPower is in danger of losing the number-one slot. However, SunPower is not alone in losing market share; a growing list of other name brands are set to see lower share of the market in ’09 compared to last year. Quarterly figures from the California Solar Initiative (CSI) and part of the Go Solar California campaign that is overseen by the California Public Utilities Commission and highlighted in a new report from Barclays Capital analyst Vishal Shah reveal the volatility in market share positions on a quarterly basis. The first chart shows that SunPower has been the most consistent retainer of market share throughout the year, yet w...
POSCO Completes Steel Pipe Plant in US
POSCO, who is the largest steel maker in Korea, announcement Tuesday it has completed construction of a new plant in the U.S. to produce pipes for oil transportation in a joint project with a U.S. company and another Korean maker. The $135 million plant in Pittsburgh will be operated by United Spiral Pipe (USP), a joint venture of POSCO, U.S. Steel Corp. and SeAH Steel Corp., and will produce 270,000 tons of high-quality pipes annually, the company said in a statement. The pipe factory was built next to the USS-POSCO Industries steel plant, another joint venture between POSCO the U.S. steel titan. U.S. Steel and POSCO each own 35 percent of USP, with SeAH owning the remaining 30 percent. For its production of pipes with diameters ranging from 24 to 64 inches, U.S. Steel and POSCO will each provide 50 percent of the steel for the factory, while SeAH will supply its expertise in making spiral welded pipes, POSCO said. POSCO and its partner companies said at a launching ceremony that the ...