ENER1, Inc. (Nasdaq: HEV) today announced that it has agreed to sell $55 million of senior unsecured notes, together with shares of common stock and warrants, to certain investment funds, led by funds managed by Goldman Sachs Asset Management, L.P. In addition, the company also announced the sale of $10 million in senior convertible notes to strategic partner ITOCHU Corporation. This follows a $65 million investment from principal shareholder Ener1 Group in June of this year, and a $20 million investment from ITOCHU Corporation in December, 2009.

• Net revenues of $328.7 million for 2Q10, compared to net revenues of $336.9 million for 1Q10.
• Shipments of 181.2 MW for 2Q10, compared to shipments of 185.0 MW for 1Q10.
• Gross margin of 13.6% for 2Q10, compared to gross margin of 12.4% for 1Q10.
• Net income of $0.07 per diluted share for 2Q10, compared to $0.03 per diluted share for 1Q10.

Canadian Solar Inc

Glue may be the magic ingredient to making solar power cheaper.

Solar company Global Solar on Tuesday introduced a line of flexible solar modules that are designed for flat commercial rooftop buildings.

Canadian Solar, one of the world's largest solar companies, and Blue-Tech Srl, an experienced Italian company working in the renewable energy and photovoltaic solar sectors, have announced the completion of four new solar projects in Northern Italy: two residential rooftop installations in Sirmione (BS) and Cremona (CR), and two industrial plants, both in the Municipality of Siziano (PV).

Solarfun Power Holdings Co., Ltd., a vertically integrated manufacturer of silicon ingots, wafers and photovoltaic cells and modules in China, today announced that it will exhibit its products at the 25th European Photovoltaic Solar Energy Conference and Exhibition at the Feria Valencia in Valencia, Spain. The Company will set up a booth on Level 2, Hall 1, Booth C11 from September 6 to 9, 2010.

Company Enters Manufacturing and Commercialization Phase of Development, Names New Chairman

Ascent Solar Technologies, Inc., a developer of state-of-the-art flexible thin-film solar modules, announced today that its Chairman, Dr. Mohan Misra, will be retiring from his position on the Board of Directors, effective December 31, 2010. Dr. Misra has decided that due to his commitments to family and for other personal reasons, he will retire from the Board. Dr. Misra is 65 years old.

KACO new energy is the world’s second largest inverter manufacturer; with over 2GW of PV inverters in the field to date.

KACO new energy is excited to announce that they have shipped over 650 MW of PV inverters within the first 6 months of 2010. This has pushed the company’s overall production of PV inverters to over 2 GW of sold inverters worldwide. Market forecasts world wide confirm and KACO is expecting this exponential growth to continue throughout 2010 into 2011.

Residential solar power is becoming more like a box lunch than a seven-course gourmet meal.

A number of companies are taking advantage of technical advances, notably microinverters, to make buying a handful of solar panels, rather than a roof full, a viable option. That doesn't mean that everyone can install their own electric panels, but it can lower the cost of entry for solar.

SunPower Corp. today announced that SunPower world-leading solar technology has been selected for installation at several U.S. government properties, including for the Department of Energy's National Renewable Energy Lab (NREL), the General Services Administration (GSA), the Navy and the Air Force. SunPower expects to create more than 1000 local jobs during the construction of these projects. These contracts represent a minimum of 20 megawatts (MW) of new solar projects for SunPower.

REC continues to focus on strengthening its competitiveness through successful ramp-up of new production capacity and improving operational performance. To fully leverage the advantages of being an integrated solar energy company, it has been decided to consolidate REC Wafer and REC Solar, including all of REC's activities in Singapore, under one management, headed up by EVP REC Solar and Group COO, John Andersen, Jr. EVP REC Wafer Einar Kilde has decided to pursue international career opportunities outside REC.