ABB to Acquire Power-One to Become a Global Leader in Solar Photovoltaic (PV) Inverters

-- The boards of ABB and Power-One have agreed to a transaction in which ABB will acquire Power-One at $6.35 per share or approximately $1 billion equity value, which includes Power-One's net cash of $266 million -- Combination creates global leader in the most attractive and "intelligent" part of the PV value chain -- Deal gives Power-One access to ABB's substantial R&D, global service and sales capabilities and complements ABB's growing inverter business and leadership in power electronics -- Right time: Solar PV industry is set for 10 percent-plus annual growth as PV-generated power rapidly approaches grid parity in many countries and will change the energy mix in the long term -- Management continuity ensured -- Integration with proven approach into the Discrete Automation and Motion division -- Transaction expected to close in 2H 2013, subject to shareholder and regulatory approvals

Strong growth for renewables expected through to 2030

Improvements in cost-competitiveness means that renewables will account for between 69% and 74% of new power capacity added by 2030 worldwide, despite current difficult market conditions

Solar Energy Growth Explodes Through Local Initiatives

According to Experts, 'grassroots movement' is unstoppable in the Netherlands

MECASOLAR delivers horizontal single-axis trackers to project in Portugal

The company also delivered MECASCREW foundation screws to two PV solar facilities located in Beja, in the southern part of Portugal.---- MECASOLAR's horizontal single-axis tracker increases power generation as compared to fixed solutions, both having very similar costs.---- Last year, the multinational company launched this modular, low-height structure that stands out for being simple to assemble and saving time in the installation.

Solar Photovoltaic Module Revenues to Rebound to $32 Billion by 2017, According to NPD Solarbuzz

Downturn expected until 2014, recovery forecast from 2015 onward.

DSM opens new manufacturing plant for innovative anti-reflective coating

The coating is primarily targeted at solar applications.

GEA Seeks Entries for the Best in Geothermal

-Third Annual GEA Honors-

Nexteer Donates a SunSteer™ System to Saginaw Intermediate School District's Hartley Outdoor Education Center

The ground breaking is targeted for June 1, 2013.

MDV-SEIA Partners with IEC-Chesapeake

MDV-SEIA members will be able to receive member discounted pricing on all Continuing Education Courses, including the NABCEP Solar PV and Solar Thermal Classes.

Solectria Renewables Powers the Largest University Installation in Ohio

The electricity produced from the project is enough to power approximately 250 homes.

SEIA Celebrates Earth Day by ‘Flipping the Switch' on Huge New Solar Facility

Celebrating all of the hard-working Americans who have worked tirelessly on rooftops, in factories and in laboratories across our nation to help make solar the fastest-growing energy source in the United States.

Draker Selected as 2013 New Energy Pioneer

Bloomberg New Energy Finance Recognizes Draker as a Leader in the Transformation of the Solar Energy Sector

U.S. BANK AND SOLARCITY INSTALLING SOLAR PANELS OVER CARPORTS AND ROOFTOPS AT SELECT U.S. BANK BRANCHES IN SOUTHERN CALIFORNIA

The companies will hold grand openings at some of the locations in the coming weeks.

Assurant Launches Springfield Area's Largest Solar Installation

6,200 Solar Panels Installed in 1.76MW Project at Springfield Service Center

SEIA Celebrates Earth Day by ‘Flipping the Switch' on Huge New Solar Facility

"On April 22, 1970, when the very first Earth Day was held, there was virtually no solar energy powering the grid in the United States. How times have changed. Today, there are 7.7 gigawatts (GW) of solar installed in the U.S." - Rhone Resch, president and CEO of SEIA

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