Pv Crystalox Solar Share Discussion Threads

[the stigologist] 15/8/2014 12:50

£27m company with about E30m of cash and just got another E9m

not to mention the PPE and remaining inventory !

[cyan] 15/8/2014 09:08

Not sure you will see 15p now zcaprd7

[zcaprd7] 08/8/2014 23:17

Sub 15p I'm a buyer again..

[treacle32] 08/8/2014 09:31

15p target v.close now - excellent short from 28p.

[stockhope syndrome] 20/6/2014 15:59

Warren Buffett is backing solar power – and so should you

By: John Stepek
20/06/2014

[stockhope syndrome] 17/6/2014 22:57

SolarCity Plans Gigawatt Panel Factory to Ensure Supplies

By Ehren Goossens Jun 17, 2014 9:09 PM GMT

SolarCity Corp. (SCTY), the installer of rooftop power systems whose largest shareholder is billionaire Elon Musk, is expanding into manufacturing in a move to cut costs and ensure a steady supply of components.

The company will pay $200 million in stock for Silevo Inc. and may pay an additional $150 million if the company meets certain conditions, according to a filing with the Securities and Exchange Commission today.

SolarCity is driving a boom in U.S. rooftop solar energy by leasing systems that carry little to no upfront costs. It has more than 110,000 customers and expects to install as much as 1 gigawatt this year, using panels it buys from other companies. SolarCity sees annual demand eventually reaching "tens of gigawatts" and needs more control over its supply chain, Musk, said on a conference call today.

"If we don't do this, we thought there was risk of not being able to have the solar panels we need to expand the business," Musk said.

The move mirrors the strategy Musk is following with his electric car company Tesla Motors Inc. (TSLA), which is planning to build its own "gigafactory" to produce batteries to power the vehicles. Musk has said having control over production capacity will drive down Tesla's costs, just as buying Silevo will reduce SolarCity's.

Cheaper Power

"The path to ultimately having solar power be way cheaper than coal or fracked-gas power is to combine huge economies of scale with the most advanced technology," Musk said.

SolarCity also offers power-storage systems using the same battery technology used in Tesla cars, and expects to use batteries from Musk's gigafactory.

SolarCity has becoming more vertically integrated in the past year, including its acquisition of Zep Solar Inc., a supplier of racking systems that make installation easier and reduce labor costs, said Shayle Kann, vice president of research at Boston-based GTM Research.

"This is getting closer to SolarCity being able to provide the bulk of the hardware."

The company jumped 18 percent to $64.53 at the close in New York. The shares have increased more than eightfold since their December 2012 initial public offering. The acquisition is expected to close in the third quarter.

High Efficiency

Silevo's cells currently convert about 21 percent of the energy in sunlight into electricity, and the Fremont, California-based company has said it may reach efficiency rates as high as 24 percent. That's better than the industry average of about 17 percent and will be competitive with products from SunPower Corp. (SPWR), which are currently the best in the industry.

More efficient panels will reduce system costs, Pavel Molchanov, an analyst at Raymond James & Associates Inc. in Houston, said today by e-mail.

"Above-average conversion efficiency translates into above-average energy density, enabling fewer modules to generate the same amount of power output," he said.

It will take several years for the technology to end up in SolarCity's systems. "Silevo has a high-efficiency technology, but it's a startup, with no commercial production until 2015 or 2016," Molchanov said.

SolarCity is in talks with the state of New York to build a manufacturing plant that will have annual production capacity of as much as 1 gigawatt within two years. It may open additional, larger factories after that. It already has a site in China with 32 megawatts of production capacity.

[aristockle] 03/6/2014 10:44

Why are solar panel prices starting to rise?

Last updated on 2 June 2014, 8:20 am

ANALYSIS: Solar panel prices are rising again, good news for investors but perhaps bad for developers

By Gerard Wynn

Solar panel prices have risen slightly for the first time in at least five years, show data published this month by the major manufacturers, in their first quarter reports.

The price rise is good news for manufacturers and their investors who have suffered massive losses after a slew of bankruptcies.

However, industry supporters including developers and environment groups will not want sustained higher prices, as they try to maintain growth in demand for solar power which is still more expensive than fossil fuels.

Solar module prices have been under pressure since 2008 as a result of global over-capacity and falling renewable energy subsidies.

Prices are now rising slowly, several manufacturers reported, as a result of a shakeout in the industry which has eliminated some over-capacity, bringing supply back in line with demand.

A new European minimum import price – following a trade dispute with China – has also contributed, alongside strong demand in Japan, one of the world's most lucrative markets.

- See more at: hxxp://www.rtcc.org/2014/06/02/why-are-solar-panel-prices-starting-to-rise/#sthash.ZqEmXsUu.dpuf

[123trev] 20/5/2014 22:32

Treacle got mug punters burnt in a lot more take a good look at his track record,lol

[treacle32] 20/5/2014 22:14

Stocko got mug punters burnt in CCE and PVCS - both disasters.

[maryhopkins] 20/5/2014 15:35

I love kicking you when your down StockCONomist!!!! People making loads of money at CAZA and you are making F ALL here!!!!!!!!!! LMFAO!!!!!!!!!!!!!!!!!!!!

[maryhopkins] 20/5/2014 15:34

MaryHopkins 13 Mar'14 - 21:22 - 5835 of 5838 1 0 edit

25p first stop then AAAAAAAAAAAAAAAAALLLLLLLLLLLLLLLLLLLLLLL the way off the cliff to 15p! GET OT WHILST OUT CAN!!!!!!!!!!!!!!!!

[zcaprd7] 19/5/2014 10:12

Didn't sell, but also didn't reinvest my special dividend. This is going to be a long hard slog...

[treacle32] 19/5/2014 09:59

Spot on Rivaldo - the only mug punter is him and those that believed him.

[rivaldo] 19/5/2014 09:58

:o))

Stocko, as I said, I sold a while ago, not today, having more than doubled my money after holding for some time.

Perhaps given PVCS's now rather small m/cap you ought to be encouraging "numpty retail punters" rather than putting them off!

Good luck, but I fear the price will drift or drop further whilst we wait for the supposed improved H2 outlook to come about.

[treacle32] 19/5/2014 09:53

Mary was right about 15p - got crucified again and Stocko was wrong again as always.

Mary saved many mug punters from Stocko's ramps.

[treacle32] 19/5/2014 09:53

Mary was right about 15p - got crucified again and Stocko was wrong again as always.

Mary saved many mug punters from Stocko's ramps.

[treacle32] 19/5/2014 09:46

falling again as predicted....£5.00 rubbish.

Recommended to sell at 28p.