tag:blogger.com,1999:blog-2335748440449035592.post1407356786980029948..comments2008-05-23T16:00:39.535-04:00Marknoreply@blogger.comBlogger7125tag:blogger.com,1999:blog-2335748440449035592.post-84483013455185605822008-05-23T16:00:00.000-04:002008-05-23T16:00:00.000-04:00Thanks, sounds interesting - if it IPOs in US might open at $5000? $10,000? hah to catch up to First Solar.<BR/><BR/>Going to be a ton of competition in this group as its a commodity - easy barriers to entry. But considering solar makes up say 0.2% of all world energy - if it can get to 3-5% there should be a lot of growth in the future. Which companies enjoy that growth is an open question. I expect many consolidations and closings over the coming half decade.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-27346129994481401562008-05-23T15:57:00.000-04:002008-05-23T15:57:00.000-04:00I saw this news and wonder if these new companies will pose threat to the current players? <BR/><BR/>=================<BR/><BR/>Signet Solar Rolls Out Industry's Largest Silicon Thin Film Solar Photovoltaic ModulesLast update: 5/23/2008 3:34:01 PMIndustry-Leading Gen 8.5 Modules Manufactured in Record 10 Months from Start of Construction MENLO PARK, Calif., May 23, 2008 (BUSINESS WIRE) -- Signet Solar, a manufacturer of silicon thin film photovoltaic (PV) modules, today, announced the fabrication of the industry's first ever Gen 8.5 (5.7 m(2)) silicon thin film solar PV module at its new factory near Dresden, Germany in a record setting ten months from the start of construction. After finishing construction of the 200,000 square foot production facility in only seven months, Signet Solar completed installation of equipment and started initial fabrication in less than three months. Signet Solar's technology lowers the cost of photovoltaic (PV) modules by combining proven silicon thin film technology, with very large area manufacturing and an industry standard equipment set. The initial modules from the fully automated module manufacturing line met the specification of the product and were confirmed by independent testing by Fraunhofer Institute. Signet will start prototype production in early June and will showcase the Gen 8.5 module product line at the Intersolar Conference in Munich. This flawless execution was enabled by Signet Solar's core competency in semiconductor manufacturing along with added expertise from the solar, glass and flat panel display industry. Commercial production will start in Q3 2008 and capacity expansion to over 100MW by 2009 is planned at the same site. Signet has existing customer commitments of over $400M. Signet Solar will continue to aggressively increase capacity globally to become the technology and cost leader in silicon thin film module manufacturing. "The concept of ultra-large modules was very attractive to our customers. We now have demonstrated the capability to produce ultra-large modules on a fully integrated line," said Dr. Rajeeva Lahri, CEO and Founder of Signet Solar Inc. "This is a very important milestone for us as it sets the stage for a model manufacturing line which will be replicated globally to expand capacity." Through partnerships with proven equipment suppliers, solar PV solution providers and energy producers, Signet is positioned to be the leader in thin-film photovoltaic module production and delivery. The applications of Signet Solar products include: solar farms, large commercial installations, building integrated photovoltaics (BIPV), and remote habitation. About Signet Solar Signet Solar, Inc. is a global company established in 2006 to bring Clean Affordable Renewable Energy(TM) to people and countries worldwide. Headquartered in Menlo Park, California, the company has been founded to design, develop, manufacture and market thin film silicon photovoltaic modules. For more information please visit . Signet Solar and Clean Affordable Renewable Energy are trademarks of Signet Solar, Inc. in the United States and other countries. SOURCE: Signet Solar, Inc. <BR/>Signet SolarSanjay Arora, +1-650-289-0399 ext. 224sarora@signetsolar.com<BR/><BR/>================<BR/><BR/><BR/>Cheers....Pankajhttp://www.blogger.com/profile/13478816568647309907noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-41101538000366194782008-05-22T14:48:00.000-04:002008-05-22T14:48:00.000-04:00per website it should be in the next 2 weeks. They report very late into the quarter traditionally.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-83121247155588531022008-05-22T14:02:00.000-04:002008-05-22T14:02:00.000-04:00Do you know when TSL will report its earning? Thx!Baby Chrishttp://www.blogger.com/profile/09530456584274047807noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-27519343315176290112008-05-22T11:32:00.000-04:002008-05-22T11:32:00.000-04:00Industry conditions as a whole are only improving...I remember thoroughly reading through analyst research reports in December which said poly/ASP scenarios and outlined the "bullish" case is if oil goes to 100....well now its at 130, say at least 120 after a correction (nice short with DUG btw) so is this the super-de-duper bullish scenario?<BR/><BR/>ASP's will hold better because alternative energy is NEEDED and SOLF had strong ASP's and poly will be coming down.<BR/><BR/>While this occurs, TSL's efficiencies for cells keeps improving making all costs/watt plunge if all else is equal (which is isn't, ASP's are holding, costs are declining for POLY) Overall, this is bullish for the industry in general but the fact that TSL is 50% discounted, means it should double just to catch up, then advance say another 30% because of favorable industry conditions and higher industry earnings.<BR/><BR/>currently TSL around $48<BR/><BR/>TSL- 08 EPS estimate- about $3 <BR/><BR/>that means the multiple is around 16<BR/><BR/>It should be more like $3.50 EPS and a multiple more like 25 like STP or SOLF<BR/><BR/>(traderbill)soccerbill8http://openid.aol.com/soccerbill8noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-60163391193663662222008-05-22T10:49:00.000-04:002008-05-22T10:49:00.000-04:00The fact TSL trades at 50% discount to peers is beyond me. They not only had the best Q last time around, they probably will have the best 2nd half (along with YGE). Oh well, inefficiencies let us make money. The only problem is they are so late to report - the whole sector has run up and is prone for correction - which in solar many times means 20-35% losses.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-12178959682195463962008-05-22T10:35:00.000-04:002008-05-22T10:35:00.000-04:00Funny that you have this idea, I did the exact same thing for my virtual portfolio...if STP and SOLF can beat easily and showed strong ASP's how can TSL not beat by a great margin.<BR/><BR/>The fact that TSL is down today may be a gift if they beat and the solar sector doesn't just sell offsoccerbill8http://openid.aol.com/soccerbill8noreply@blogger.com