Tonight we would like to introduce you to our newest 'Focus Stock' Solar EnerTech (SOEN). 

 Solar EnerTech (SOEN)

Website: www.solarenertech.com

Progressive solar cell manufacturing for a high-demand global marketplace.

To learn more about Solar EnerTech, please visit www.smallcapreview.com/soen.htm

SOEN Investor Highlights

• Recently announced that its new state-of-the-art solar cell manufacturing plant is ahead of schedule, within budget and expected to begin production in the 4th quarter of '06.
• Projected production capacity for the Shanghai-based facility is estimated at an output of 20 megawatts per production line, the strategic plan is to have the initial 20 megawatts in production by fourth quarter of this year. The Company currently estimates that each 10 megawatts of production translates into roughly $37.5 million in annual revenue.
• Executed a Memorandum of Understanding ("MOU") regarding a joint venture to acquire a 15% interest in a silicon processing operation in the Inner Mongolia Autonomous Region and further secure a supply of solar grade silicon feedstock.
• Executed a Letter of Intent ("LOI") with PAIS Industries Group ("PAIS") whereby PAIS Industries would supply the Company with 1,200 metric tons of solar grade silicon ingots for a duration of three years.
• Recently announced that it has successfully achieved favored tax status by meeting the regulatory criteria developed by the Government of China designed for locally based environmental high-technology enterprises.
• The solar power market is growing rapidly, increasing 55% last year to $11.2 billion and estimated to reach $51.1 billion by 2015. 
• For the first time in modern history, clean energy technologies are becoming cost-competitive with their 'dirtier' counterparts. Oil and natural gas prices remain stubbornly high and frustratingly volatile across the globe.

• SOEN plans to launch a joint R&D lab with Shanghai University in 2006, which will enable the Company to produce solar cells with improved conversion efficiency.

• Strong management team with technical expertise to capitalize on the great global demand for solar energy.

• Has formed a strategic relationship with InfoTech Energy Efficiency, a US-based power system supply firm that manufactures components in America and successfully exports the products to China.

• Pure Play Opportunity. Solar EnerTech exclusively operates in the emerging solar energy sector, one of today’s promising sources of renewable energy.

• With the current global oil crisis looming, the development of solar energy as an alternative fuel source is a growing area of investment in the United States and several foreign countries.

• Governmental Sponsorship. Governing bodies in Europe, China, and several U.S. states fully support solar power as an alternative energy source with policies, programs, and incentives provided for its usage to businesses and consumers.

• The photovoltaic solar industry now generates over $3-4 billion globally, including the sale and installation of solar energy systems; industry projections forecast revenues to reach $9.9 billion by 2006 and $18.6 billion by 2010.

Overview

Solar EnerTech Corporation (SOEN) is a photovoltaic (PV) solar energy cell manufacturing enterprise based in Shanghai, China, where the Company is establishing a sophisticated 42,000 square foot manufacturing and research facility in Shanghai's Jinqiao Modern Science and Technology Park. Solar EnerTech plans to invest in PV cell research to develop higher efficiency cells and put the results of that research to use immediately in its manufacturing processes.

Led by one of the industry's top scientists and a strong management team, the Company's R&D program will work to bring Solar EnerTech to the forefront of advanced solar technology research and production. The Company has also established a marketing, purchasing and distribution arm in Northern California's Silicon Valley.

Demand for solar electric energy has consistently grown by 20-25% per year over the past 20 years. World solar PV market installations reached a record high of 1,460 megawatts in 2005, representing annual growth of 34%. Worldwide the solar PV industry generated approximately $6.5 billion in revenue in 2004 and is expected to reach $9.9 billion in 2006 and $18.6 billion in 2010. This growth has occurred against a backdrop of rapidly declining costs and prices due to increased efficiency of solar cells and improvements in manufacturing technology.

In a time of skyrocketing fuel costs and increased pollution from fossil fuels, solar energy is receiving renewed government, business and homeowner support as a viable alternative energy source. SOEN recently sponsored the Energy Round Table in Beijing with California Governor Arnold Schwarzenegger, and established consensus with the California government for future involvement with California's solar programs.

Recent News and Press Releases

Solar EnerTech Corp. Achieves Favored Tax Status in China

Solar EnerTech Corp. Updates Manufacturing Facility Progress

Solar EnerTech Corp. Executes MOU for Joint Venture to Acquire Interest in Silicon Processing Plant and Secure Supply of Solar Grade Silicon Materials

Solar EnerTech Corp. Applauds 25x'25 Bi-Partisan Congressional Resolution Calling for New National Renewable Energy Goal

Solar EnerTech Corp. Provides Corporate Update on Planned Manufacturing Capabilities, Favorable Analyst Coverage, Silicon Procurement, Leadership Role at Renewable Energy Summit and Recent Appointment to the Board

Solar EnerTech Corp. Enjoys Government Support at Beijing Energy Summit

Solar EnerTech Corp. Targets Solar Market Growth Identified as 55% to $11.2 Billion According to New Report

For the latest News and Quotes on SOEN Click Here.

Forward Looking Statements

Except for statements of historical fact, the information presented herein may contain forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Solar EnerTech Corp. has little or no control.

SmallCapReview.com feature stock reports are intended to be stock ideas, NOT recommendations. Please do your own research before investing. It is crucial that you at least look at current SEC filings and read the latest press releases. For continuing coverage of SOEN, please sign up for our free newsletter. Information contained in this report was extracted from current documents filed with the SEC, the company web site and other publicly available sources deemed reliable. For more information see our disclaimer section, a link of which can be found on our web site. This document contains forward-looking statements, particularly as related to the business plans of the Company, within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Exchange Act of 1934, and are subject to the safe harbor created by these sections. Actual results may differ materially from the Company's expectations and estimates. The information provided in this report is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country.

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