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Sales Growth and Lower Costs to Lead to Improved Financial Performance Evergreen Solar, Inc. (Nasdaq: ESLR), a developer, marketer, and manufacturer of photovoltaic products, announced that during 2003 it has doubled its manufacturing capacity. The factory now has an installed capacity of 6 MW per year. Evergreen further reported the factory has achieved a 4.5 MW run rate. The Company has sold the full output of its factory to date and continues to see greater demand for its products. Evergreen Solar, Inc. develops, manufactures, and markets solar power products that provide reliable and environmentally clean electric power throughout the world. Solar power systems are used for residential, commercial, and industrial applications, including remote homes, water pumping, telecommunications, lighting, and rural electrification, as well as for electric utility customers choosing to generate their own environmentally clean "green" power. Evergreen's proprietary and patented manufacturing processes aim to reduce raw material usage and simplify process steps, to lower costs and improve products. Website: [sorry this link is no longer available]
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In celebration of Earth Day, the Department of General Services and the California Power Authority released a Request for Proposals for the California State Facility Solar Power Purchase Program. The State of California is initiating a process to enable agencies and educational institutions implement cost effective, on-site solar electricity projects. The request for proprosals is for 4 MW of private-party-owned on-site solar electric systems (e.g. photovoltaic or other decentralized solar technology) to be installed in, on, or around a number of specified State facilities. Successful bidders will be invited to sign long-term power purchase agreements with host State sites that will pay for the solar output on a cents/kWh basis. The State of California believes this approach will provide the solar industry the flexibility and creativity necessary to achieve the lowest overall price for increasing the State's use of solar energy. Request for Proposals are due by 17 June 2004. A pre-bid conference, optional attendence, will be held at 9:30 AM, 29 April 2004 at the DGS-Ground Floor Auditorium, 707 3rd Street West Sacramento, CA 95605. No phone calls please. Submit questions by email or fax: (916) 651-9595.
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URL: http://www.solaraccess.com/news/story?storyid=6590 Website: http://www.solaraccess.com/news/story?storyid=6590
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Protonex Technology Corporation, a manufacturer of long duration power sources for portable and remote applications, has received a $2.6 million award from the U.S. Air Force Research Laboratory to further the development of an innovative power solution for individual soldiers on extended field missions. The technology is built on Protonex's NGen" Portable Power System, a durable, compact and lightweight power source that combines a PEM fuel cell power generation system with a chemical hydride hydrogen storage system. Protonex is partnered with Millennium Cell, Inc. (NASDAQ: MCEL), a major subcontractor in this development program. Millennium Cell will provide their patented Hydrogen On Demand storage technology to Protonex under an existing joint development and licensing agreement. The contract was awarded under the Dual Use Science and Technology (DUST) Program established by the National Defense Authorization. The DUST program promotes the development of dual use technologies with application both in the military and commercial sectors. Initiatives are evaluated based on their viability and potential product transition from military use into commercial markets. "Current power systems constitute a substantial portion of the weight load for the special operations warfighter. Fuel cell power generators have considerable potential to significantly decrease this burden," said Dr. Thomas […]
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