Category: Industry News

Profits Light up Carmanah

VICTORIA -- Light maker Carmanah Technologies Corp. reported higher profits last year on a huge jump in revenues helped in part by an acquisition in the solar lighting field. The Victoria company said late Thursday it earned a net profit of $680,962 last year, a 15 per cent increase over 2004.

Lighting Innovator Honoured

David Green - the founder and chairman of Carmanah Technologies of Victoria, a company whose solar power and LED lighting systems illuminate more than 110 countries - has been named Canada's Exporter of the Year for 2005. Carmanah also won the Innovation Award. Global Thermoelectric Inc.

Sun’s Up!

SOLAR STOCKS HAVE GONE SUPERNOVA in the six months since our bullish story on the solar business appeared ("A Place in the Sun3," Sept. 19, 2005.) Some may be too hot to handle just now, though the industry's long-term outlook is radiant. Credit for the monster rally goes to a magical convergence of high oil prices, surging demand for solar cells and strong financial performance by solar companies.

Popstars! Reprises

Victoria's PopStars! fans will be treated to a bonus show, while the Royal Theatre will benefit from the proceeds, which will go toward development of a solar power pilot project. The celebrity tribute show, which usually performs each fall, returns to the Royal Theatre March 19 at 8 p.m. "It's the same show as last November; we're bringing everyone back," said Darla Cooper, a provincial government employee and PopStars! producer. The show will have a few changes, such as the addition of a Bette Midler impersonator.

Company Pushes Solar Tech

Carmanah Technologies, a Canadian company with a sales office and warehouse in Scotts Valley, has installed 62 solar-powered LED flashing beacons in 31 school zones in Los Angeles County to improve safety. The beacons - part of the state's Safe Routes to School program - warn motorists of reduced speed limits. Carmanah cites several benefits of its solar-powered flashers over traditional hard-wired systems.

Carmanah Crowned Exporter of the Year

Carmanah Technologies, the Victoria company that designs and manufactures solar devices for roads, airport runways and marine passages around the world, has been named 2005 Exporter of the Year by International Trade Canada. The federal government agency, under trade minister David Emerson, also gave Carmanah the Innovation Award for 2005.

Carmanah’s LED Sign Group Supplies 600 LED Edge-Lit Countertop Displays

Carmanah's LED Sign Group has received an order from a large US tire company retailer for 600 countertop LED edge-lit signs. The point-of-purchase signs will be used in the client's distributor franchised retail stores across the US as part of a new product launch. The eye-catching countertop sign is cut to the shape of a tire, and is illuminated using blue ultra-bright LEDs.

Carmanah Lights Up Approach

The A704-5 omnidirectional runway / obstruction / helipad light is the latest aviation LED fixture from Carmanah Technologies in Canada. This dual mode visibile / infrared LED is a self-contained solar runway light for civilian and military airfield lighting applications. Visible up to 9.3 km (5 n miles), the A704-5 uses an array of ultra-bright visible and IR LEDs. According to Carmanah, the new optics and lens design results in increased vertical divergence and greater light uniformity for approach pilots.

CEO Art Aylesworth Featured on ROBTv’s Power Breakfast

On Power Breakfast (weekdays at 8:50 AM ET and repeated at 10:50 AM ET), AM Business anchor Bridgitte Anderson sits down each morning with a CEO for some breakfast chat on the country's most interesting and innovative companies. On Thursday, February 23, 2006, Carmanah's CEO, Art Aylesworth makes an guest appearance, discussing Carmanah's business and what will shape its strategy going forward. View the segment in Windows Media format. If you do not have a Windows Media player installed on your computer, you can download the player for free by clicking on a button below: For more information, contact: Mr.

Silicon Shortage Drives Global Solar Mergers & Acquisitions

Acquisitions in the global solar industry are off to a strong start in 2006 following a major realignment in the solar industry. The recent sale of Shell Solar's crystalline solar business to SolarWorld was a clear indication that the economics of the photovoltaic manufacturing business has changed.