Solar Enertech Corp. SOEN Archives - Page 2 of 3

WednesdayApr 25, 2007 12:04 pm

Solar EnerTech Corp (SOEN.OB) Surges Up 18.98% in Late Trading on Wednesday

Investors are responding to the key value represented by the solar industry sector, and in particular the emerging solar firm Solar EnerTech Corp (SOEN.OB) sending the shares strongly upward 18.98% in late trading on Wednesday. Over the last year, SOEN has made great strides forward in lauching its business model including the ramp up of its new production facility in China. Solar EnerTech is a photovoltaic ("PV") solar energy cell manufacturing enterprise based in Shanghai, China, where the Company has established a sophisticated 42,000-square foot manufacturing plant in Shanghai's Jinqiao Modern Technology Park. This facility is capable of producing 25Mw…

WednesdayApr 25, 2007 7:03 am

Solar Enertech Corp. (SOEN.OB) Stock Prices Have Been Rising Steadily All Morning

Since the opening of the market, SOEN.OB prices have been going up on a steady trend. Right now it is trading at the high-of-the-day with a 15% gain. Investors are taking notice of the great potential Solar Enertech offers. In Monday’s Press Release, the company revealed that they have acquired the interest of the Congo Government. An official 11-member governmental trade delegation from The Republic of Congo stated that he is interested in purchasing Solar EnerTech’s products. The solar program is an endeavor by Congolese officials to introduce renewable energy solutions for the nation's under-developed rural areas. Let us hear…

MondayApr 23, 2007 6:59 am

Potential Purchase Orders Loom as Solar EnerTech Corp. (SOEN.OB) Welcomes Trade Delegation from The Republic of Congo

Solar EnerTech Corp. (SOEN.OB ) recently welcomed an official 11-member governmental trade delegation from The Republic of Congo at the Company's solar cell plant in Shanghai with the stated intent as a purchasing mission. The visit comes as a result of the Sino-Africa Economic Cooperation Summit held last November in Beijing, which was attended by 54 leaders from a number of African nations. Following the summit the Chinese government announced a renewable-energy aide program aimed at launching solar energy initiatives within Africa. Mme Jeanne Dambendzet, a senior Minister of the Congolese government and a proponent of alternative energy solutions for her country,…

MondayApr 23, 2007 5:54 am

Solar EnerTech Corp. (SOEN.OB) Arouses the Interest of The Congo Government

Solar EnerTech announced this morning that they have received a visit by an official 11-member governmental trade delegation from The Republic of Congo stating that the country is interested in purchasing Solar EnerTech’s products. The visit is a result of the Sino-Africa Economic Cooperation Summit held last November in Beijing. After the Summit, Chinese officials announced that they are beginning a renewable-energy aide program focusing on solar technology. The solar projects are supported financially by both the Congolese and Chinese governments with China Industrial and Agricultural Machinery Import and Export Company acting as a mediator to manage the export of completed…

TuesdayApr 17, 2007 7:00 am

Solar Systems Integration is a Key Business Thrust for Solar EnerTech Corp. (SOEN.OB)

In announcing that Mr. Cai Qizhuang has joined Solar EnerTech Corp. (SOEN.OB) to lead the Company's Systems Integration and Application Division, the Company is planning the rapid addition of staff. Mr. Cai adds significant depth to the Company's ability to penetrate new sectors of the solar market. Mr. Cai brings an existing client base that includes approximately 30 customers from Korea, Thailand, Malaysia, Singapore, Spain and Turkey. As the Company grows, management is increasingly able to attract additional quality sales and marketing professionals from all throughout Asia, as well as skilled workers predominately from within the Chinese solar manufacturing sector. "This is…

TuesdayApr 17, 2007 5:34 am

Solar EnerTech Corp. (SOEN.OB) Advances Their Business Strategy by Appointing a New Industry Specialist

Solar EnerTech is pleased to announce that Mr. Cai Qizhuang will be strengthening their company by integrating Solar EnerTech’s products into both residential and commercial installations in addition to building integrated PV systems. He will also be heading the development and management of Company’s business relationships. Mr. Cai Qizhuang has many years of experience in the solar industry. Prior to joining Solar EnerTech he co-founded a solar systems company which has generated approximately $4.5 million in the past three years. Skilled workers are attracted to the growing company, and many come across the globe. Solar Enertech will soon be soon…

FridayMar 30, 2007 9:13 am

Long Term Supply Contract for Polysilicon Supports Aggressive Production Goals for Solar EnerTech Corp. (SOEN.OB)

The new raw material contract is great news for SOEN. Solar EnerTech Corp. (SOEN.OB) announced that it has signed a long-term material supply contract with Jiangsu Photovoltaic Industry Development Co., Ltd. ("JPID") of China. The 10-year framework of the agreement is for the provision of polysilicon refined as semiconductor-grade material that will meet Solar EnerTech's initial needs, as well as the Company's currently projected future demands. Analysts suggest that silicon feedstock shortages appear to be a constant factor until post 2009, when projected supply could finally meet with demand. Let us hear your thoughts below:

MondayMar 26, 2007 1:58 pm

SolarEnertech Corp. (SOEN.OB) – Stock Prices are Steadily Rising

At the beginning of this year, share prices were $0.75. Today we reached $1.53 with astounding volume compared to the past few days; in fact over 1.35 million shares were traded. SolarEnertech is quickly becoming a leader in the solar industry by aggressively meeting their business goals. In 2006 they started their first production line, had their first batch of solar modules produced soon after, they launched their market identity and brand name, and they released a beta version of their Power Conditioning software. According to the US Department of Energy, global demand for electricity is expected to rise from…

MondayMar 26, 2007 5:16 am

India Looms Large as a New Market, as Solar EnerTech Corp. (SOEN.OB) Signs MOU

The signing of a Sales and Distribution MOU by Solar EnerTech Corp (SOEN.OB) with Khandelwal Solar Power Limited, of Noida, India is a huge step for SOEN. With industralization moving at a fast pace in India, the potential is large. Solar EnerTech views the MOU as a market driver aimed directly into a region boasting the 2nd largest population in the world and looks forward to commensurate opportunities for growth. Upon signing the MOU, Rakesh Khandelwal, Managing Director of KSPL, stated, "It is really a win-win alliance for both KSPL and Solar EnerTech: Khandelwal brings in new markets for Solar…

WednesdayMar 21, 2007 7:26 pm

At Final Closing, Solar EnerTech Corp. (SOEN.OB) Adds an Additional $9 Million in its Private Placement with Institutional Investors

Solar EnterTech Corp. (SOEN) continues to gain industry notice as an emerging leader in solar energy. The Company has just announced the completion of an additional private placement, with institutional investors, in the amount of $9.0 million on March 19, 2007. The financing was prompted by increased demand for the Company’s solar cell products. The construction of the Company’s second 25Mw production line is currently ahead of its originally scheduled mid-April launch date. At this time, the Company is running two shifts, one for solar cell production on the first line and the other for preparation of construction of the…

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