Daniel Englander
We’ll always have South Korea.
So goes the constant refrain from PV module manufacturers who’ve looked in the crystal ball and seen a future of dry markets in the U.S. and Spain. The current thinking is that Congress’s failure to renew the solar investment tax credit will significantly dampen demand in the U.S., Spain’s inability to [...]
Daniel Englander
New Jersey’s Public Service Electric & Gas Company, an investor owned utility, has filed a proposal with the state’s Board of Public Utilities to launch a $45.9 million demand side management program. Demand side management (DSM) is a method utilities use to reduce consumer demand for electricity and gas through the introduction of efficiency measures [...]
Daniel Englander
I’m out in San Francisco this week. As someone who grew up with the Internet, the Bay Area has always held some sort of mystical quality. I remember reading about how Yahoo (and later, Google) was to able to do search, and wondering whether the spiders were kept in big cages, or if they were [...]
Daniel Englander
Babcock & Brown, an infrastructure investment holding company, endured a 50 percent blow to its stock price last week over fears of an unsustainable debt level. The company’s debt stands at roughly A$2.8 billion, while its market cap is only about A$1.75 billion. B&B has received a lot of criticism for its company model, which [...]
Daniel Englander
Plug Power, the best distributed fuel cell company you’ve never heard of, is firing 21 percent of its workforce. The company was spun out from Michigan utility DTE Energy a few years ago as a new entrant in the distributed fuel cell market. Unfortunately, that market failed to materialize. Plug Power has offered severance packages [...]
Daniel Englander
Germany’s Bosch, the world’s largest automotive components supplier, has acquired 50.45 percent of ersol solar for $1.67 billion. The acquisition comes at a 63 percent premium on ersol’s Friday closing share price at an increase of 21.4 percent of ersol’s projected 2009 EPS. This is the largest pure play solar acquisition in the industry’s history, [...]