03 Oct '11, 2pm

First Solar Deploying One-Axis Trackers at AV Solar Ranch: In January 2011, First Solar (Nasdaq:FSLR) announce...

First Solar Deploying One-Axis Trackers at AV Solar Ranch: In January 2011, First Solar (Nasdaq:FSLR) announce...

In January 2011, First Solar (Nasdaq:FSLR) announced the acquisition of RayTracker , a VC-funded manufacturer of utility-grade single-axis trackers. Although the terms of the acquisition were not disclosed, we later learned from Kang Sun, the founder of the tracker company, that First Solar paid approximately $45 million for the tracker firm, which had received $3.5 million in venture funding from Idealab, The Quercus Trust , and Phoenix Fire -- a multiple of more than 12X. These are the types of multiples that venture firms hope for -- and which have been in short supply in the VC-funded solar world. Other VC-funded firms that have had happy acquisition endings include Ausra (acquired by Areva ) and PowerLight (acquired by SunPower ). According to First Solar, the 230-megawatt AV Solar Ranch One , a recent recipient of a $680 DOE loan guarantee with the project just sold ...

Full article: http://www.greentechmedia.com/articles/read/First-Solar-D...

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First Solar Sells Massive Solar Projects to Uti...

sustainablebusiness.com 03 Oct '11, 4pm

Massive 550 MW Project Sold First Solar (Nasdaq: FSLR) got a $1.46 billion partial loan guarantee for the Desert Sunlight ...

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newenergyworldnetwork.com 03 Oct '11, 11am

Jesus Rubio, head of the Isolux Corsán PV solar team, added, ‘It has been a major challenge for Isolux Corsán to build the...

Curtain falls on US loan guarantee scheme with ...

businessgreen.com 03 Oct '11, 10am

The US Department of Energy (DoE) finalised almost $5bn of loan guarantees to four solar projects before the programme dea...

Suntech, First Solar Stocks at Historic Lows: Why does a firm like Suntech with annual revenue of $3.2 billion...

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greentechmedia.com 04 Oct '11, 3pm

Why does a firm like Suntech with annual revenue of $3.2 billion have a market cap of $306.25 million? Why has First Solar...

University of Maryland Wins @Energy 's Solar Decathlon @UMDWatershed #SD2011

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treehugger.com 03 Oct '11, 4pm

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Hot Panels, Practical but Not Yet Popular – A Solar Overview

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cleantechnica.com 03 Oct '11, 10am

If you are going into the business of selling solar panels, to make more money you need a virtual plug-and-play product. S...

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jetsongreen.com 02 Oct '11, 8am

After all the scores have been gathered and added, the Department of Energy today announced that the overall winner of Sol...

NASA to Put Largest Solar Sail into Space

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solarfeeds.com 02 Oct '11, 4am

With the launch of IKAROS, Japan was the first country to experiment successfully with solar sail technology to be used in...

Inverter Stocks: A Value BOS Play on Solar | Alternative Energy Stocks

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altenergystocks.com 03 Oct '11, 3pm

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greenbiz.com 01 Oct '11, 11am

The anti-clean-energy echo chamber has been publicizing the bankruptcy of Solyndra, a manufacturer of solar energy panels,...

First Take October today! Laidback film watchin...

substation.org 03 Oct '11, 7am

First Take Monday 3 October 2011, 8pm The Substation Theatre Admission: Free (donations welcome) This is an InHouse event ...

SunPower Releases First Sustainability Report i...

sustainablebusiness.com 06 Oct '11, 5pm

SunPower (SPWRA) has produced the first sustainability report in the solar industry. "Our aim is to provide an accurate ac...

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getsolar.com 30 Sep '11, 7pm

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