Business Briefs for the Week of March 9, 2009

March 13, 2009
The Siemens Energy and Industry sectors, Erlangen, Germany, have signed an agreement with Fluor Corp. to strengthen the cooperation between the two companies.
  • The Siemens Energy and Industry sectors, Erlangen, Germany, have signed an agreement with Fluor Corp. to strengthen the cooperation between the two companies. This strategic alliance establishes Siemens as a preferred supplier to Fluor and its global projects business.

  • Solar Energy Initiatives, Ponte Vedra Beach, Fla., and Solar Energy Alternatives, Westlake Village, Calif., have agreed to enter into a marketing, contract, finance, installation, and operating agreement for commercial and residential solar photovoltaic (PV) installations in the Unites States and certain foreign markets. Under the terms of the agreement, Solar Energy Alternatives will handle marketing, power purchase contracts, and project financing. Solar Energy Initiatives will provide feasibility and due diligence analysis, supply the solar panels and ancillary equipment, contract site engineering and installation of equipment, and operate and maintain the installation.

  • Sunrise Solar Corp., San Antonio, has begun the internal development of a new solar technology for industrial applications. This technology will aim to deliver clean, green power on a commercial scale for industry, including other green industries such as biofuels, biodiesel, and ethanol production.

  • First Solar , Tempe, Ariz., recently reduced its manufacturing cost for solar modules in the fourth quarter to 98 cents per watt, breaking the $1 per watt price barrier. “This achievement marks a milestone in the solar industry’s evolution toward providing truly sustainable energy solutions,” says Mike Ahearn, First Solar's CEO. “First Solar is proud to be leading the way toward clean, affordable solar electricity as a viable alternative to fossil fuels.”

  • Bobcat Co., West Fargo, N.D., and Polaris Industries, Medina, Minn., recently announced a long-term strategic alliance that will leverage the complementary strengths of both companies to penetrate work-related market segments globally. The alliance will include co-development of work vehicles, supply of highly differentiated work vehicles, and technology sharing, with a planned launch by the second half of 2010.

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