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This Week in Solar

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Hey, solar Fools. No earthshaking news this week, I'm afraid, but I did find a few tidbits worth sharing.

On Tuesday, JA Solar (Nasdaq: JASO  ) announced that it is developing high-efficiency solar cells using solar start-up Innovalight's silicon ink technology. The Harris & Harris Group (Nasdaq: TINY  ) portfolio company just installed its first high-throughput industrial printing system back in June, so this certainly makes JA Solar an early adopter. The solar shop is targeting commercialization next year.

On Thursday, Solarfun Power (Nasdaq: SOLF  ) reiterated its shipment volumes and guided revenue to a range of $135 million to $144 million. Even on the high end, that revenue level is well below Wall Street analysts' average target. If solar had a road sign today, it would read: Beware of falling sales prices!

First Solar (Nasdaq: FSLR  ) continues to attract utility-scale suitors, this week landing a 27-megawatt supply agreement with the U.S. subsidiary of juwi Holding AG. The company's thin-film panels will supply two near-term projects, one in Florida and one in Ohio.

Also on Thursday, Applied Materials (Nasdaq: AMAT  ) introduced a new technology for improving the efficiency of crystalline silicon (c-Si) solar cells. One application -- double-printed metal line deposition -- has been shown to improve efficiencies by up to half a percentage point. If baseball is a game of inches, solar is a game of microns, so even 50 basis points are a big deal.

Speaking of efficiency, Q-Cells rounded out the week by announcing a record 15.9%-efficient polycrystalline module prototype, due on the market next year. The German company thus edges out Suntech Power (NYSE: STP  ) , which claimed a record 15.6% last month.

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Fool contributor Toby Shute doesn't have a position in any company mentioned. Check out his CAPS profile or follow his articles using Twitter or RSS. The Motley Fool has a disclosure policy.


Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On September 18, 2009, at 4:33 PM, sabertoothtiger wrote:

    Astonishing news. Even Eric Savitz is starting to look bullish on solar (in addition to many analysts saying the money is starting to flow).

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Related Tickers

2/9/2012 4:00 PM
JASO $2.20 Up +0.17 +8.37%
JA Solar Holdings… CAPS Rating: ***
STP $4.18 Up +0.33 +8.57%
Suntech Power Hold… CAPS Rating: ***
TINY $4.35 Down -0.04 -0.91%
Harris & Harris CAPS Rating: *****
AMAT $13.11 Up +0.11 +0.85%
Applied Materials,… CAPS Rating: *****
FSLR $49.03 Up +3.22 +7.02%
First Solar CAPS Rating: **
HSOL $2.33 Up +0.12 +5.43%
Hanwha SolarOne Co… CAPS Rating: **

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