Showing posts with label SOL. Show all posts
Showing posts with label SOL. Show all posts

Friday, July 13, 2012

ReneSola Inks Deal with Big Solar and Increases 2012 Shipment Outlook

ReneSola Inks Deal with Big Solar and Increases 2012 Shipment OutlookShawshank, VA 7/13/12 (StreetBeat) – ReneSola Ltd (NYSE: SOL) announces an increase to its full year 2012 shipment outlook and enters an exclusive distribution agreement to provide 100 megawatts of its high-efficiency Virtus modules to Big Solar S.A. Under the terms, ReneSola will ship its modules in the coming 12 months directly to Big Solar.

ReneSola is trading up 12% at $1.53 after this deal with Big Solar, the biggest Greek stockholder and distributor in the field of photovoltaic systems for electricity production through solar energy.

Mr. Xianshou Li, ReneSola's chief executive officer, said, "We are pleased to be expanding our relationship with BIG SOLAR. This deal reflects not only our strong position in key solar markets like Greece, but also our continued push in global sales. In the first half of 2012, ReneSola delivered 40 MW of our high-efficiency Virtus modules to Greece, becoming one of the country's biggest module suppliers. We are also among the top module suppliers in Australia and Belgium, thanks in part to the technology development and commercialization of ReneSola's high-efficiency Virtus modules, which have an average power generation of 255W."

Mr. Ionnnis Bitros, BIG SOLAR's president, commented, "Our companies have successfully worked together since the beginning of 2011 and our efforts will be strongly reinforced by this exclusive agreement. Through BIG SOLAR, ReneSola is poised to become the leader of the Greek photovoltaic modules market, and we anticipate a long and mutually beneficial partnership for years to come."

The revision in the company’s shipment guidance includes estimates of its total solar wafer and module shipments to be close to 1 GW in the 1st half of 2012. For the full year, SOL expects these shipments to range from 2.2 GW to 2.4 GW, compare to the previously guided range of 1.8 GW to 2.0 GW.

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Friday, May 25, 2012

DoMark International (OTCBB:DOMK) Receives Confirmation That 1st “SolaPad” Units Are Being Prepared for Shipment

DoMark International (OTCBB:DOMK) Receives Confirmation That 1st “SolaPad” Units Are Being Prepared for ShipmentAtlanta, GA 5/25/12 (StreetBeat) -- DoMark International Inc. (OTCBB: DOMK) announced today that management of its wholly-owned subsidiary, SolaWerks, has confirmation from the manufacturer of the hot new “SolaPad” product that the first order of production units are being prepared for shipment. Management anticipates pre-orders for “SolaPad” will be accepted via the SolaWerks website by the middle of next week. Deliveries to pre-order customers are anticipated to begin during the 1st week of June.

The revolutionary new SolaPad product is an ever-charging solar and battery system that fits all versions of the Apple (Nasdaq: AAPL) iPad. Once an iPad is placed into a SolaPad sleeve, there is theoretically no reason to ever plug the iPad into any wall-mounted charger again.

About SolaWerks:

SolaWerks, Inc. is a newly formed subsidiary, wholly owned by Domark International Inc. SolaWerks' current focus is to develop and distribute the SolaPad: a combined cover and charging system for Apple's iPad, and the SolaCase: a combined cover and charging system for all versions of Apple's iPhone. SolaWerks competes in a market that also includes Hewlett Packard (NYSE: HPQ), IBM (NYSE: IBM) and ReneSola (NYSE: SOL).

SolaWerks has launched its "SolaCase" product for all versions of the Apple iPhone. Similar to the SolaPad, the SolaCase contains a large, high-efficiency solar panel on its reverse side, plus an additional internal battery to keep the iPhone charged at all times.

Please contact www.thestreetbeat.com for interest in our latest investor relations platform the “CEO Interview Series” with its host Steve Kanaval. The package includes a one-on-one interview with a seasoned industry professional; published segment to our web site with embedded audio/video file; and a compressed file that can be easily e-mailed out to your current and/or potential investors. Please e-mail bflautt@gmail.com or call (662) 392-0740 for pricing and scheduling.

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