Hgp auction solyndra bankruptcy

hgp auction solyndra bankruptcy

Mar 28,  · Following almost three years of consistent profitability from Counsel RB, coupled with its acquisition in February, of Heritage Global Partners Inc. ("HGP"), a full-service global auction . Sale #1: By order of U.S. Bankruptcy Court Approval Case #MFW, Featuring All Surplus and Non-core to Production Assets & Inventory of Solyndra: A World REQUEST TO REMOVE View all Imports into The December event will feature a two-day auction of non-core assets and the January auction will include Solyndra’s main manufacturing assets, pending final order of the U.S. Bankruptcy Court. In November, a non-core asset auction sale was held and managed by the Company on a commission basis in partnership with auction house Heritage Global

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So Long Solyndra

Establishing a close and long-lasting relationship with our customers is at the heart of our company culture. This requires genuine interest in and a thorough understanding of our customers' business needs and goals. We partner with our customers to tailor solutions and develop programs that support mutual growth and profitability.

We care not only about our customers, but also about the communities in which we operate. We strive to have a positive social and environmental impact through our products and the way we conduct business. For more information, please visit our website: www. At the heart of current solar panel functionality, the panel absorbs photons from the sun.

Photons are then converted into electrons. University of Texas Chemistry professor Xiaoyang Zhu and his team discovered that an organic plastic semiconductor could double the number of electrons harvested out of one photon of sunlight. ONYX management is closely following this new development and the timing of when this new technology could be available in the marketplace. Management has focused on benefiting citizens of Central and South America with energy alternatives to costly power options by achieving multiple business accomplishments there.

Wednesday, December 21, U. SolarWorld filed the trade petitions with the U. Since the cases were filed, many customers have begun or expanded their business relationships with SolarWorld. Both new and existing customers have stated their confidence in the company and its commitment to U.

In the solar industry, that means growing domestic manufacturing jobs and ensuring fair competition in the PV sector.

At Munro Distributing, we believe in supporting U. It is for these reasons that Munro began carrying SolarWorld's product line. We are proud to be aligned with SolarWorld and the value it enables us to provide to our customers. In early , we plan to order more than 2.

Some also mention wanting to support U. As SolarWorld authorized installers, we feel the same way. Unfortunately, Chinese manufacturers are continuing to expand their subsidized manufacturing capacity and to sell at dumped prices, according to CASM, in a sustained effort to take control of the U. PK has been granted a patent license agreement from the U. The license grants Natcore exclusivity in the field of diffused emitters with liquid phase passivation.

A panel made from black silicon solar cells will produce a significantly greater amount of energy KwHrs on a daily basis than will a panel made from cells using the industry standard thin film coating, not only because the reflectance is lower but also because the angular dependence of the reflectance from black silicon is much lower as well.

The latter fact means a black silicon panel will perform better during the morning and afternoon hours when the sun hits at an angle and will also outperform standard cell panels on cloudy days. The combination of lower cost and higher energy output per kilowatt of installed array peak power should quickly make black silicon the antireflection control technology of choice in the industry.

For solar cells, minimum reflectivity is desirable because sunlight that is reflected, rather than absorbed, is "wasted. The black silicon process has been shown by Natcore scientists and NREL researchers to reduce average reflectivity to less than 1. Black silicon solar cells have been studied since the s because of their potential for significantly improved performance compared to standard production cells.

But a key obstacle to turning their increased light absorption into increased power output is a significantly increased area of exposed silicon on the sidewalls of the pores and on the small mesas that remain at the top surface of the wafer itself. This increased area must be passivated, or treated to keep it from trapping the light-generated electric charges as they migrate toward the contacts of the solar cell, a process that robs the cell of output power.

That has been the missing piece. It's what will enable black silicon to reach its potential," says Dr. Natcore coated them with SiO2 and passivated them. To make solar cells cost-competitive, we must reduce their cost and increase their output.

The combined NREL-Natcore technologies will reduce cost by eliminating the need for thermal oxidation.

And they'll increase output by enabling cells to be more productive throughout all daylight hours. AR-Box enables use of an all-liquid phase process for creating ultralow reflectivity, high-performance silicon solar cells at high volume production rates. The NREL license contains a development and commercialization plan that establishes technical and market milestones for Natcore, along with a royalty structure.

These are subject to confidentiality provisions set by the parties. The technical milestones include solar cell efficiency goals, some of which are to be met by August of The market milestones include commercial sale dates and dollar targets. The agreement is dated December 12, , and is effective for as long as the NREL patents are enforceable. NREL is the U. Department of Energy's primary national laboratory for renewable energy and energy efficiency research and development.

Statements in this press release other than purely historical factual information, including statements relating to revenues or profits, or Natcore's future plans and objectives, or expected sales, cash flows, and capital expenditures constitute forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in Natcore's business, including risks inherent in the technology history.

There can be no assurance that such forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on such statements. Except in accordance with applicable securities laws, Natcore expressly disclaims any obligation to update any forward-looking statements or forward-looking statements that are incorporated by reference herein.

Aide Solar was established in and became a subsidiary of the Taiwan-based Panjit Group in You are also invited to follow Aide Solar on Twitter or Facebook. The video highlights the human significance of the solar industry's technological advances.

Actor and race car driver Patrick Dempsey discusses the real power of solar energy to help people and the solar industry's ability to provide products to meet their needs. Dempsey is not a company spokesman. The American actor's participation was motivated by a personal interest in solar power as an energy solution; an interest which he plans to action by installing solar panels at his home in Southern California.

The video introduces viewers to Trina Solar's philanthropic efforts in bringing energy independence to a Mexican home for orphaned children, an African hospital, and an American camp for children with special medical needs.

For these organizations, having solar panels to supplement their electricity generation allows them to allocate more of their resources to their central causes, whether it be offering a home to one more child or providing treatment to a new patient. In the case of the African hospital, solar panels make the difference between only being able to provide basic treatment to people during the day and having the necessary electricity to light rooms, refrigerate vaccines and extend community medical services.

Solar photovoltaics present an affordable, reliable and clean way to generate much-needed electricity for communities off the traditional energy grid and to supplement existing, more expensive electricity generation for those on the grid. As the industry continues to make great progress in improving product efficiencies and lowering the cost of solar energy, we hope that the solar industry will play a leading role in bringing energy independence to empower individuals and their communities.

The video is currently available on YouTube, as well as on Trina Solar's corporate social responsibility microsite at www. Sol, Inc. McCullough has a proven track record selling sustainable products to key national and international commercial accounts. He has long-standing relationships in the retail, hospitality, energy services and utility industries and is an expert in utility and municipal rebate and incentive programs, which will create excellent benefits in North America for customers purchasing Sol products.

As Director of Strategic Accounts, McCullough will work with large strategic commercial customers to inject our solar powered product and highly efficient on grid product into their locations and future locations. McCullough is a nuclear engineer, has experience in corporate training and is an excellent relationship manager. He most recently held the position of National Program Director for e2s Energy Efficiency Services where he developed and implemented national energy upgrade and sustainability plans for nationwide customers.

Willis will undoubtedly help us to expand our on-grid solutions to support the large retrofit market in the broad commercial markets as well. He's a great addition to our team. Sol has great people, a great vision and nothing but potential. The solar lighting systems by Carmanah TSX: CMH Pink Sheets: CMHXF are being employed to increase the security of a nuclear power generating facility by providing backup safety lighting in the unlikely event of power failure, allowing the facility to maintain critical security functions that are mandated by Homeland Security.

The standalone EverGEN solar LED light is designed specifically for industrial-scale applications including parking lot and perimeter lighting. The EverGEN series combines the performance of an AC-powered area light with the versatility of an off-grid solar-powered lighting system and offers unparalleled performance for a solar-powered LED light of its size.

For more information, visit www. Canadian Solar Inc. Under the agreement, CSSI will provide TransCanada with 9 fully-operational and commissioned utility-scale solar projects across the Province of Ontario which are expected to come into service between late and mid In addition to securing construction finance, CSSI will provide turnkey engineering, procurement and construction services as well as being the supplier of major components to the projects.

All solar PV modules used in the portfolio will be manufactured at Canadian Solar's manufacturing facility in Guelph, Ontario. We are proud of our association with TransCanada, one of North America's strongest and most successful energy infrastructure companies, which have chosen to partner with us for their entry into the Solar PV space.

We look forward to a successful cooperation with TransCanada," commented Dr. Shawn Qu, chairman and chief executive officer of Canadian Solar Inc. About TransCanada With more than 60 years experience, TransCanada is a leader in the responsible development and reliable operation of North American energy infrastructure including natural gas and oil pipelines, power generation and gas storage facilities.

TransCanada's network of wholly owned natural gas pipelines extends more than 57, kilometers 35, miles , tapping into virtually all major gas supply basins in North America. TransCanada is one of the continent's largest providers of gas storage and related services with approximately billion cubic feet of storage capacity. A growing independent power producer, TransCanada owns, or has interests in, over 10, megawatts of power generation in Canada and the United States.

TransCanada is developing one of North America's largest oil delivery systems. For more information visit: www. As a leading vertically integrated provider of ingots, wafers, solar cells, solar modules and other solar applications, Canadian Solar designs, manufactures and delivers solar products and solar system solutions for on-grid and off-grid use to customers worldwide.

With operations in North America, Europe, Australia and Asia, Canadian Solar provides premium quality, cost-effective and environmentally friendly solar solutions to support global, sustainable development.

For more information, visit: www. We have added world-class investors as well as a strategic partner with deep technical expertise. The two parties will collaborate to develop next generation thin-film production equipment, focusing on lowering costs, improving tool productivity and increasing module efficiency. Construction on three of the Sacramento, CA, area projects will be complete early in , with the fourth coming online later in the year. The projects are expected to generate nearly ,, kWh in their first year of operation, which is roughly equivalent to offsetting the electricity consumption of more than 13, average U.

We hope the sector continues to attract new sources of capital. Other recent transactions include investments in Sorgenia, a leading French wind park operator and T-Solar, a leading solar energy company in Spain. The rest of the equity will be invested in similar projects. The solar power plant is the first of its kind for ReneSola. Xianshou Li, ReneSola's chief executive officer, commented, "The completion of our power plant in Qinghai marks our foray into the solar electricity generation business in China, where we see potential for high growth in the next few years.

Qinghai Province has an abundance of natural resources, including sunshine, through its high elevation on the Tibetan plateau. We continue to be excited by China's transformation from a manufacturing hub of solar products into an increasingly important end-user market. The growing number of downstream projects in the domestic market represents a significant opportunity for us to create new revenue streams and expand our local market share.

The facility will support the construction of 20 solar photovoltaic PV projects throughout the province of Ontario, Canada. The credit facility is one of the largest non-recourse solar financings for a solar PV portfolio in North America.

This is what solar looks like at scale. When completed, the 20 solar developments will provide more than MW of power to residents in the province. The projects are all under the Ontario Power Authority's feed-in tariff program FIT , which provides long-term contracts for energy generated from renewable sources such as solar.

Mizuho Corporate Bank was the lead arranger and administration agent for this financing agreement. Shinya Wako, Managing Executive Officer and Head of the Americas for Mizuho Corporate Bank, commented, "This agreement is a significant milestone for our involvement in the North American solar industry, and we are pleased to be partnering with Recurrent Energy, a solar developer with proven experience and expertise.

SunPower Monitoring, which includes mobile device applications and a web-based interface, allows homeowners to easily track the energy performance of their residential solar system alongside their home's energy usage. With the new Android application, homeowners can not only follow their system's performance, home energy usage and trends, but swipe back to view its history, and share with friends and family in real-time.

Homeowners with SunPower Monitoring can conveniently log-on to the web-based interface to access their home's energy information from virtually anywhere. Residential customers can view a system's energy performance, home energy usage and environmental savings on an hourly, monthly and annual basis. The SunPower Monitoring System is available through the SunPower dealer network for homeowners purchasing a new solar rooftop system.

Our next challenge will be to educate consumers and drive industry adoption. This standardized estimate allows consumers to compare multiple solar PV designs for a specific location.

The SEE report includes estimates for the first year energy production; the total energy produced over 25 years and a graphic showing the variation in monthly energy production over a full year. SolarHub is a free web-based source for product specifications on thousands of solar products providing a cost-reducing resource to solar contractors. The SEE Report is right tool at the right time to ensure ethical selling and satisfied consumers leading to long term industry growth.

Visit www. Be sure to test drive the SEE Report at www. The Company also announced the sale of 1. TUV Rheinland Group provides neutral test reports and certificates to prove that PV modules safely and reliably deliver the guaranteed rated power in various kinds of environmental conditions.

The certificate is widely recognized across Europe and will allow China Sunergy to ramp up its sales of Quasar modules across the continent.

China Sunergy believes that its module is well recognized in Eastern Europe. The project is expected to be completed in February The Company has started shipping in mid-December and will deliver the remainder before the end of January The TUV certificate is recognition of our Quasar product's quality and safety, and we expect this can pave the way for China Sunergy to step into the bigger European market.

Specifically, the cooperation with M1 Solar Plant will expand our market share in Bulgaria, a good growth area for China Sunergy in the future.

Solar Capital Ltd. With our sizeable amount of available capital, we believe we are well positioned to take advantage of the current market environment to fuel portfolio growth," said Michael Gross, Chairman and Chief Executive Officer of Solar Capital Ltd.

The Company invests primarily in leveraged, middle market companies in the form of senior secured loans, mezzanine loans, and equity securities. The design and implementation of the parking lot solar project was a joint collaboration between Kyocera and Wakachiku Construction Co. The solar modules are installed on the top of shading structures in the parking lot.

The solar power generating system, which is the first grid-connected system in the country, is comprised of 1, Kyocera W solar modules. Due to the high occurrence of typhoons on the island, the backside of the modules have been reinforced with extra support bars for enhanced wind-pressure resistance.

The system is expected to produce an annual power output of MWh, off-setting roughly 80 tons of CO2 per year. On November 17, an inauguration ceremony was held with Palau's President Johnson Toribiong and other officials from both Palau and Japan in attendance.

The public, replacement school is being built on Fort Huachuca, the Army's leading intelligence training facility at Carter Avenue, Fort Huachuca, Arizona Today's topping out ceremony attendees will include: School Superintendent, Dr. Ronda L. The event will include a speaking presentation, and a signing and raising of the final beam.

Facilities will support a project-based learning model with flexible common and collaboration spaces, and facilitate learning both indoors and outdoors. The 88, square foot school will accommodate approximately students in grades 6, 7, and 8, primarily children of military families. Not only is this one of the few Net Zero buildings in the country, the design is a total transformation from the typical classrooms where most of us went to school. Any and all forms of collusion between Buyers is forbidden.

Buyers agree they will not place bids using false names or Buyer Information. Buyers Indemnification. Buyers agree they will defend, indemnify and hold harmless HGP, including its affiliates, directors, officers, employees, agents, shareholders, co-branders, or partners, from and against any and all claim, loss, damage, liabilities, judgments, fees and expenses incurred by HGP, including its affiliates, directors, officers, employees, agents, shareholders, co-branders, or partners, through the use of HGP Services and Websites.

Website Usage. The following is specific to the access and usage of HGP Websites including and not limited to any and all features and applications:.

A Each Registrant will specify a unique User Name and Password and it is solely the responsibility of the Registrant to maintain the confidentiality of this User Name and Password. B Registrants are solely responsible for any and all transactions or transmissions using their User Name and Password. Registrants are responsible for contacting HGP in writing for any and all unauthorized usage of their User Name and Password.

E HGP is not responsible for any and all products, content, information or material provided by links to or statements regarding third party services. This includes but not limited to riggers, shippers, partners and any third party services listed. F Registrants agree HGP and its affiliates, including partners, officers, directors, employees, agents, shareholders or co-branders, are not responsible for any and all damages, actual or alleged, resulting from the downloading of any information or materials from HGP Websites.

The Terms apply to all Transactions, including without limitation, public auctions conducted by TBG and direct purchases by Buyer of any item either before, after or independent of any public auction. Neither TBG nor the consignor makes any warranties or representations of any kind or nature with respect to the property or it's value, and in no event shall they be responsible for correctness of description, genuineness, attribution, provenance, authenticity, authorship, completeness, condition of the property or estimate of it's value.

Prospective bidders are urged to contact TBG directly for detailed information regarding any lot. Buyers must register prior to bidding at any auction sale.

All bidders must provide their name, company if applicable , mailing address and phone number prior to the auction. When applicable, Electronic bidders are required to provide a valid email address and Visa or Mastercard number. At its discretion, TBG may charge a registration fee for Electronic bidding. See section 9 "Default" below. For Electronic bidders, at its discretion, TBG may contact bidders via email or telephone before or during the sale to provide a bank letter of guarantee or wire transfer as a deposit.

If TBG does not receive a response from its attempts to contact Buyer or if the Buyer does not provide a deposit, TBG reserves the right to refuse or cancel Buyer's bids and re-sell Goods. Winning bidders can request a printed paper invoice from the Accounting Manager at the sale location during or after the sale. Electronic bidders will be sent an electronic invoice to the email address provided during registration.

Invoices can be faxed upon request. Electronic bidders will be sent detailed payment instructions via email along with their invoice. TBG must receive the balance of the total purchase price no later than the close of business on the day following the auction the "Final Payment Date".

All payments must be in cash, cashier's or certified check, federal wire transfer of immediately available funds or a corporate check accompanied with a bank letter of guarantee, and all of the foregoing must be in form, scope and substance acceptable to TBG. Credit Cards are accepted for payment, electronic bidding registration and for Liquidated Damages in the event of a default.

Without limiting TBG's discretion, no corporate checks without a bank guarantee and no personal checks will be accepted. No title shall pass to Buyer until the total purchase price and all Taxes have been paid to TBG in collected funds. Buyer must also pay to TBG on or before the Final Payment Date, all sales, export, use and other taxes due to any federal, state or local taxing authority the "Taxes" as a result of Buyer's purchase, including without limitation, any taxes arising from any Buyer's Premium as defined below.

Buyer's Premium. The Buyer's Premium is a percentage that is added to the final purchase price of any item. TBG shall charge and collect from each successful bidder a buyer's premium for each sale at the auction, in addition to the purchase price as bid.

Any Goods not removed on or before the Removal Date shall be subject to storage charges that TBG may in its discretion impose. See also 8C. TBG does not pack, ship, store, crate or rig items.

Buyers may either pick up Goods at the designated auction site personally or can contract with a third party agent to manage the removal process for them. Without limiting the generality of the foregoing, Buyer shall restore and repair all real and personal property that is altered or damaged as a result of Buyer's removal of the Goods.

TBG shall have no responsibility to disconnect utilities to the sold asset, including electric, gas, waste and water lines. Buyer is solely responsibility to properly remove and store in appropriate containers all fluids, oils, hazardous chemicals, etc.

Buyer does hereby indemnify TBG, the owner of the Goods and the owner of the premises in which the Goods are located, from any and all claims, damages, and losses arising from Buyer's actions or actions with respect to the Goods and Buyer's presence on the premises in which the Goods are located, including without limitation, injuries to persons or property and environmental violations or contamination.

Small Lot Removal. TBG shall have no responsibility whatsoever for any missing or lost items that can be removed by hand if such items have not been removed within forty-eight 48 hours of the conclusion of the sale.

TBG will re-market and re-sell this property. Payment Default. Removal Default. After Buyer has removed any item from TBG'S possession, TBG shall have no obligation to make any adjustment or accommodation to Buyer because of any mistake in quantity or other defect or problem with respect to such item.

Buyer must make all requests for adjustments in writing to TBG before any item is removed from the premises where the auction is conducted. Without limiting the foregoing, TBG shall not be responsible for damages or losses caused by strikes, civil disorders, or acts of God.

TBG, in its sole discretion, reserves the right to establish a reserve or minimum price on any Goods without having to announce, post or publish notice to attendees and buyers at any auction.

TBG reserves the right to confirm or reject the final bid. Absentee Bids. TBG will bid up to the specified maximum bid amount to win the item, using only the amount needed to win the item. TBG has complete discretion whether and when to accept Proxy bids. The auctioneer's announcements at the time the lot is sold take precedence on any and all published materials. TBG, in its sole discretion, reserves the right to refuse the bid of any person without providing any notice or reason therefore.

TBG, in its sole discretion, shall control all bidding increments and advances at any auction. The Branford Group reserves the right to reject any bid that is only a minimal increase over the preceding bid, that is not commensurate with the value of the item being offered or that The Branford Group believes was made illegally or in bad faith. In the event of a dispute among bidders, The Branford Group may, in its sole discretion, either accept what it deems to be the final bid or solicit further bids on the item in dispute.

No returns or refunds will be permitted, unless authorized by the seller in writing. TBG reserves the right, in its sole discretion, to sell items advertised as a public auction sale, on a piece by piece basis or as a complete lot.

Without limiting the generality of the foregoing, TBG may accept a complete lot bid and then conduct an item by item auction which auction shall be effective only if the total proceeds there from exceed the amount of the complete bid. All information provided by TBG to Buyers, including without limitation, any advertising, lot sales catalogs or otherwise, is subject to deletions, errors, additions, and changes without notice.

Although information is gathered from sources thought to be reliable, TBG shall have no responsibility whatsoever for any information provided to any attendee or buyers. The auctioneer may add other terms and conditions of sale, such additional terms and conditions to be announced prior to the auction. The headings contained herein are for convenience only and shall not limit or alter the Terms hereof.

Buyers agree to comply with all US export control and related laws, and acknowledge that TBG is not the exporter of any purchased item. Certain items offered for sale at the auction may constitute "Restricted Technology. TBG makes no representation or warranty concerning, and has conducted no investigation to ascertain which items, if any, constitute Restricted Technology.

No person shall have any claim against TBG, the seller or their respective agents for any injuries sustained or for damages to or loss of property that may occur at the auction site.

If the Buyer fails to comply with any of the Terms, TBG shall have all rights and remedies available to it at law and in equity. Without limiting the generality of the foregoing, TBG may retain all deposits and partial payments received from Buyer and may resell any Goods that Buyer fails to purchase.

Buyer shall be responsible for all costs, losses, and damages suffered by TBG i as a result of Buyer's breach of any of the Terms, including without limitation, lost profits and consequential damages, and ii incurred in connection with the enforcement of TBGS' rights, including, without limitation, legal fees and costs and expenses related to the resale of Goods, including storage and rigging fees.

Sign up for our Auction Alerts Email Newsletter and be the first to know! Subject to final U. This sale features assets core and noncore to production. Fremont, CA. We need this for every sale fax to All items must be removed shortly after the auction. Removal due date will be announced soon. Form Credit Card Auth. Form Rigger Certificate Form.

Buyers agree they will defend, indemnify and hold harmless HGP, including its affiliates, directors, officers, employees, agents, shareholders, co-branders, or partners, from and against any and all claim, loss, damage, liabilities, judgments, fees and expenses incurred by HGP, including its affiliates, directors, officers, employees, agents, shareholders, co-branders, or partners, through the use of HGP Services and Websites The following is specific to the access and usage of HGP Websites including and not limited to any and all features and applications: A Each Registrant will specify a unique User Name and Password and it is solely the responsibility of the Registrant to maintain the confidentiality of this User Name and Password.

D Registrants agree they will not: i Disrupt, interfere or create outages to computer networks that directly or indirectly affect HGP Websites.

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