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Solar Heat Exchange Manufacturing to Announce New Simple Drainback System at SOLAR 2009PERRY, KS, May 4, 2009 - Solar Heat Exchange Manufacturing, an innovative leader in the solar water heating industry, will introduce its newest product, the Simple Drainback Solar Water Heating System for residential and commercial applications at the ASES SOLAR 2009 tradeshow in Buffalo, NY.{pagebreak}The Simple Drainback System overcomes many of the challenges associated with traditional solar water heating systems. The patent pending system uses the tank to serve as both the storage tank and the drainback reservoir. The internal Hot Spring heat exchanger coil is piped to the domestic water line in order to transfer the stored heat to the domestic water line. This configuration allows for a single pump, a controller, and solar collectors to supply the system with solar energy."I have been installing solar water heating systems for nearly 30 years and am well aware of the numerous difficulties installers have to deal with. As we developed the Simple Drainback, we attempted to overcome all of the challenges associated with training dealers and installing solar hot water systems," states Mr. Bruce Ewing, CEO of Solar Heat Exchange Manufacturing. "This system minimizes the number of connections

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• The financial crisis, the long, protracted winter and declines in the price of solar modules dominate quarterly results• Orders in hand of EUR 248 million are higher as against first quarter of 2008Sulzemoos 14 May 2009 / Phoenix Solar AG (ISIN DE000A0BVU93), a leading photovoltaic system integrator listed on the TecDAX, is today releasing the figures as per 31 March 2009.{pagebreak}In the period from 1 January to 31 March 2009, the Phoenix Solar Group recorded a decline in total revenues of 11.8 percent to EUR 36.7 million (Q1/2008: EUR 41.6 million). The share of international business in total revenues stood at 5.4 percent as compared with 16.0 percent in the first quarter of 2008.Despite a long, hard winter which lasted through until the end of March, the revenues of the Components & Systems segment climbed 13.5 percent to EUR 28.5 million (Q1/2008: EUR 25.1 million). The segment's share in total revenues thus comes to 77.7 percent (Q1/2008: 60.3 percent). In Germany, revenues rose significantly, by as much as 33.8 percent, from EUR 20.1 million to EUR 26.9 million in a quarter-on-quarter comparison.The solar power plant business was considerably impacted by the global financial crisis which caused delays in project financing. In the first quarter, Phoenix Solar was able to complete a roof-mounted power plant begun in 2008

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With the Solar industry still in its infancy, it has a unique opportunity to incorporate principles of social and environmental justice into its global supply, production, and recycling operations. Tomorrow, the Silicon Valley Toxics Coalition (SVTC) will announce its Green Jobs Platform for Solar to generate discussion and gain support for the principles it outlines.{pagebreak}The platform will be the vehicle by which SVTC demonstrates to solar companies the wide range of support for a just and sustainable solar industry. It is the latest component of SVTC's Clean and Just Solar Campaign, an initiative developed as a way to guide the solar industry towards being safe and sustainable.In order to influence legislation surrounding regulation of the Solar industry, supporters of the Green Jobs Platform for Solar plan to present it to the EPA this week. The following companies currently support the platform: Center for Environmental HealthCenter on Race, Poverty & the EnvironmentCommunities for a Better EnvironmentJust Transition AllianceSilicon Valley Toxics CoalitionWorksafe The unreleased Green Jobs Platform for Solar is available at www.svtc.org

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DEK is showing its next generation solar metallization line solutions at the SNEC PV Power Expo 2009 event in Pudong, Shanghai from the 6th to 8th May. The screen printing specialist is previewing details of its latest high-throughput PV3000 silicon cell metallization concept and running its state-of-the-art PV1200 metallization line live in Hall 6, Booth T621.{pagebreak}Visitors to the DEK booth at the SNEC event will be able to watch a video of the PV3000, the company's latest innovation in crystalline silicon solar cell metallization that boosts throughput and productivity by using multiple print heads concurrently. In addition, the print heads themselves will be on display.The PV3000 promises consistently high rates of productivity to suit the escalating global demand for solar cells by combining DEK's expertise in exceptional print platform accuracy and repeatability with industry-leading process knowledge. To minimise breakage and waste, the new PV3000 system also features the same meticulous mechanical handling attributes as demonstrated at previous trade events on DEK's PV1200 line, which uses real 150 micron silicon wafers cycling continuously during the shows.The PV1200 will also be on display at SNEC, again cycling real c-Si wafers during live demonstrations on the booth. The PVP1200 screen printing platform is

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MAN Ferrostaal has increased its share in the Solar Power Group (SPG) by around 19 %, now owning a total 43.8 % of the company. The Solar Power Group is active in the field of solar thermal power generation and develops and constructs components for solar power plants based on the so-called Fresnel technology.{pagebreak}"We regard our involvement in SPG as a strategic investment and as a cooperation geared towards the future," says Dr. Klaus Lesker, Member of the MAN Ferrostaal Executive Board and person in charge of the company's solar and conventional power plant business. "We're convinced that the Fresnel technology has great potentials. At the current time in particular, increasing our capital investment should be perceived as a positive signal by the market."By increasing its share, MAN Ferrostaal supports further research and development at SPG. Currently, SPG is completing projects in Spain, the U.S. and Libya. Because of the high levels of daily insolation, the states of the MENA region, the U.S. and Australia are principal target markets for the application of.the technology. With the takeover of the majority shares in MAN Ferrostaal by the International Petroleum Investment Company (IPIC), the countries of the Middle East are now increasingly

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Speakers at EPIA's 3rd International Conference on Solar Photovoltaic Investments confirmed that, like all industries, the solar photovoltaic (PV) sector has not been spared by the credit crunch.Medium to large scale PV plants are taking longer to be financed than ever before. They alsostressed that the fundamentals of the PV sector remain intact, if not better than before, considering the price decrease of PV modules between 10 % and 20% since the beginning of 2009.{pagebreak}Lack of finance availability temporary slows down activitiesGiven the current world uncertainties, all banks have strongly reduced their credit loans and the solar PV sector has not escaped the trend. Project financing thus appears as a challenge for the industry. While it required around 4 weeks to obtain debt financing in 2008, today it takes 8 to 10weeks, on average.The perceived risk is higher, so that fewer banks are engaged and they prefer smaller projects (less than 50 million euros). If the situation differs in all countries, PV pricing remains crucial. Companies being able to reduce their prices and technology leaders should be the mostsuccessful. Experts also confirm that high-quality PV projects meeting all legal requirements, from the planning to the operating phase, will be financed."Financing

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Subsidiaries in Japan for home solar panels are having a hard time attracting applicants. This may suggest that the government could soon step in to promote the solar power industry, according to Reuters.A new stimulus plan is expected to spend more money on solar projects. This is, in fact, the fourth such package in the last year and is expected to include fiscal spending of up to US$150 billion.{pagebreak}Last January, the Japanese Government introduced a ¥70,000 subsidy per kW of solar panel equipment; hoping 35,000 users would apply from January-March. So far, there have been just 21,653 applications, according to the Japan Photovoltaic Energy Association. Reuters says this subsidy would come out to close to ¥245,000 for 3.5kW of equipment per household, nearly a tenth of the cost.Many analysts believe that the credit crisis may lead to customers feeling uneasy about big investments, especially since solar energy looks certain to become cheaper in the future. The head of media relations at the Nippon Association of Consumer Specialists, Mr. Etsuko Akiba, noted "People say they would rather wait until the cost halves in three to five years, which is what the Government has forecast."¥9 billion has been

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Q-Cells and LDK Solar have announced the official formation of a Joint Venture to promote and supply PV systems for large-scale solar power plants in both Europe and China, confirming recent rumours regarding a pending alliance. The new business partners said that a 40MW project located in Europe had already been secured, which will see the use of solar wafers from LDK Solar and solar cells from Q-Cells, though no details were given in respect to modules.{pagebreak}The joint venture is intended to reduce system costs through the supply chain and leverage market presence in the two regions, according to the companies."This joint venture will strengthen our position in the crucial business area of large-scale PV power plants," stated Anton Milner, CEO of Q-Cells SE."We look forward to the many new opportunities that will emerge as a result of our partnership with Q-Cells," commented Xiaofeng Peng, Chairman and CEO of LDK Solar.Many other projects are said to be in the planning stages, including in China. The companies have also confirmed that the venture did not require additional working capital financing or other funding from the either company.

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SolarWorld AG could stand to be one of the biggest winners as a result of President Obama's pledge to heavily invest in the renewable energy sector in the United States.The company is one of the few German companies to remain relatively unscathed by the financial crisis so far and analysts believe the United States could be one of the Company's key growth markets moving forward.{pagebreak}"The fact that SolarWorld is the only listed German solar company with fully-owned production facilities in the United States could soon be a major advantage given the expected photovoltaic (PV) demand boom triggered by the economic stimulus program signed by president Obama," Merck Finck analyst Theo Kitz wrote.Because SolarWorld AG is active in several areas of the solar value chain, from production of wafers to cells and modules. It can therefore off-set the impact of massive price falls for cells, which some analysts have said could be as much as 20 percent in 2009.This, of course, comes as no surprise to astute followers of the SolarWorld story. The coming is coming off of record financial results in 2008. Many analysts believe that the picture could continue to get even rosier for SolarWorld in the coming years.With

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Singapore's per capita greenhouse gas emissions are similar to that of Europe, and it imports all its fuel, which on paper makes solar power very attractive."There's a lot of roof top space in almost any housing -- why not have an array of solar water heaters?" said Yatin Premchand of the Singapore Environment Council.{pagebreak}But the truth is, because solar panels are so pricey, it is making people think twice before getting off the grid.Solar power & technology has received ever increasing attention as oil prices soared to record highs during 2008 and the vast majority of Asian governments are under pressure to increase their efforts to counter global warming and climate change.Singapore has recently attracted Norway's REC to build the world's largest solar manufacturing plant, a move which has seen the City - State very much in the public eye as far as the green energy sector is concerned. Singapore officials are hoping the sector will create 7,000 jobs by 2015 and add S$1.7 billion to the economy.Singapore's Economic Development Board (EDB), which looks to increase foreign investment, said the country would only use solar power when its price hit parity with the cost of buying it from the grid,

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