August 27, 2009 ndash; LDK Solar (NYSE:LDK) announced an agreement with Yancheng City of Jiangsu Province for the development of a number of PV projects (ground-mount, roof and BIPV) totaling up to 500MW over the next five years. And Canadian Solar (Nasdaq:CSIQ) said it has signed a LOI with the Administration Committee of Baotou National Rare Earth Hi-Tech Industrial Development Zone in Baotou, Inner Mongolia, for rights to design, install, operate and maintain a 500MW solar facilitynbsp; in Baotou. The three-phase project is expected to start in September 2009 and run through December 2011 (phase 1: 100MW; phase 2 and 3: 200MW). These announcements mark an important trend in the solar markets and one that we have been commentating on a lot lately ndash; the further move by midstream solar firms to vertically integrate downstream and even moving into operations of solar facilities. Cowenrsquo;s Raj Seth this morning commented on the ...

Canadian Solar Inc. (CSIQ) yesterday announced that is has obtained rights to design, install, operate and maintain a 500MW solar power plant system in Baotou, Inner Mongolia -- an autonomous region in the northern part of the People's Republic of China. Canadian Solar got a letter of intent from the Administration Committee of Baotou National Rare Earth Hi-Tech Industrial Development Zone. Canadian Solar is one of the largest solar module producers in the world, with manufacturing based in China. However, the Canadian company generates the majority of its revenues from the European market (58.6% of revenues in Q2’09), while Asia generated only 27.2% over the same period. However, its European topline year-over-year has shrunk by almost 64.5%. To bridge the gap, the company has been actively cultivating Asian markets such as China and Japan. However, the sleeping dragon hasn’t been tapped properly by the company, either. ...

DrStockPick.com Stock Report!

Wednesday August 26, 2009

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SPOT LLC, a wholly-owned subsidiary of Globalstar Inc. (Nasdaq:GSAT) and a leader in personal satellite messaging and emergency communications, today announced that its award-winning SPOT Satellite GPS Messenger(tm) will be available in Best Buy Co., Inc (NYSE:BBY) retail locations nationwide. Best Buy is a multinational retailer of technology and entertainment products and services with a commitment to growth and innovation. Starting today, consumers can purchase the SPOT Satellite GPS Messenger at Best Buy stores in the United States and online at www.bestbuy.com

Phoenix Technologies Ltd. (Nasdaq: PTEC), the leader in PC 3.0(TM) products, services and embedded technologies, today announced plans to participate

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Beijing-based construction and decoration material retailer Easyhome has signed an agreement with the Kundulun district of Baotou, Inner Mongolia to open a new store in this area. With a total construction area of 60,000 square meters, the Easyhome Baotou store has an operating model which integrates market, supermarket, and brand specialty stores, providing a one-stop shopping [...]

Retail giant Wal-Mart has announced that it will open a model supermarket in Qingshan District, Baotou. According to a press conference held at Baotou Shidai Caifu City, work on the Wal-Mart store will start at the end of this year and is expected to open in June 2010. With a business area of 15,000 square meters, [...]