Thursday, December 31, 2015

Solar Stock Lowering Passive Investment

Ascent Solar Technologies, Inc. (NASDAQ:ASTI), Canadian Solar Inc. (NASDAQ:CSIQ), Microchip Technology Inc. (NASDAQ:MCHP)

BY BLAKE ESCOTT
Ascent Solar Technologies, Inc. (NASDAQ:ASTI) [Detail Analytic Report]rose more than 1.55% to $0.154 in regular trading session on Wednesday as it disclosed that the firm was issued the second of two US Patents, in December, pertaining to the firm’s solar manufacturing process. Shares of Ascent Solar Technologies climbed more than 7 percent in last trading session on Tuesday.
Joseph Armstrong, founder and CTO of Ascent Solar Technologies stated that in conjunction with US patent 9,209,322 issued earlier December and pending applications, the firm secures an avenue of intellectual property rights covering multiple opportunities for improved processes and performance of the firm’s energy products.
Armstrong added as Ascent pioneers the next generation of CIGS, this novel back contact, and the improvements related to their demonstrated ability to manufacture their PV on thinner plastics will lead to important application opportunities not only in the firm’s aerospace products, but in the firm’s EnerPlex consumer products as well.
Canadian Solar Solutions Inc, wholly owned subsidiary of Canadian Solar Inc. (NASDAQ:CSIQ) [Detail Analytic Reporthas finalized the sale of its 10 MW AC EarthLight LP to One West Holdings Ltd, an affiliate of Concord Green Energy Inc.. The plant, worth of more than $49.7 Million, consists of around 45,648 Canadian Solar MaxPower CS6X-300/310P PV modules. This solar power plant will generate significant environmental benefits. The amount of clean solar energy that the Earthlight plant will generate is estimated at 17,892 MWh each year and 344,697 MWh during 20 years. The amount of carbon dioxide that will be displaced throughout the system’s 20 year lifetime is about 237,686 metric tons, equivalent to taking about 50,000 cars off the road for one year.
Cliff McCracken, Senior CP at Concord stated that this is the fifth plant they have bought from Canadian Solar in the past year and a half for a total installed capacity of 49 MW. They look ahead to this to further complement their portfolio of green energy producing projects throughout Canada.‎
Shawn Qu, Chairman and CEO of Canadian Solar stated that they are pleased to deliver a fifth solar power plant to Concord Green Energy, and they thank them for their mutual collaboration and shared belief in making a difference to the environment in Canada. Not only will Earthlight create additional green jobs, it will also deliver sustainable clean solar energy to all people of Ontario.
Microchip Technology Inc. (NASDAQ:MCHP) [Detail Analytic Reportdeclared that its RN2483 LoRa module is the world’s first to pass the LoRa Alliance’s LoRaWAN Certification Program. The RN2483 module was independently tested by Espotel’s accredited test laboratory to meet the functional requirements of the latest LoRaWAN 1.0 protocol specification, for operation in the 868 MHz license-free band. This ensures that designers can quickly and easily integrate their end devices into any LoRaWAN network. The LoRaWAN standard enables low-data-rate Internet of Things and Machine-to-Machine wireless communication with a range of more than 10 miles, a battery life of 10 years, and the ability to connect millions of wireless sensor nodes to LoRaWAN gateways.
Steve Caldwell, VP of Wireless Product Division at Microchip and chair of the LoRa Alliance Strategic Committee stated that the launch of an accredited certification program is an important step toward the LoRa Alliance’s mission to standardize an open specification for secure, carrier-grade, low-power wide area networks.
They are proud to be the first and only firm to have a module certified to the LoRaWAN 1.0 specification. This certification program will provide assurance to end customers that their application-specific end devices will operate on any LoRaWAN network, which is a crucial requirement for the worldwide deployment of the IoT using LPWANs.

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