First Solar, Inc. (Nasdaq: FSLR) has acquired the 150-megawattAC (MW) Solar Gen 2 power project from an affiliate of The Goldman Sachs Group, Inc. (NYSE: GS), Energy Power Partners and a third equity partner for the project. Construction of the facility, which is located in Imperial County, Calif., near El Centro, is expected to start … Continue reading First Solar acquires 150 MWac Solar Gen 2 photovoltaic solar power project
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Thailand, Indonesia, and Malaysia are the hot new emerging solar energy markets
Solar photovoltaic (PV) demand from the Emerging Asia Pacific and Central Asia (EAPCA) region is forecast to exceed 3 gigawatts (GW) by 2017, based on findings in the new NPD Solarbuzz Emerging PV Markets: Asia Pacific and Central Asia Report. Compared to 723
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McCoy Solar Energy Project: Up to 750 MW
Located about 13 miles northwest of the City of Blythe, the McCoy Solar Project will utilize photovoltaic technology to produce clean, renewable energy in southern California As part of the President
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Mahindra sees 500 MW opportunity in solar power
Mahindra group’s three-year-old foray into the solar power sector is in the midst of takeoff. The company says that it could set-up as much as 500 megawatts of solar power in the next 24-36 months. This opportunity however is not restricted just to the projects it had won during the national solar mission. It has … Continue reading Mahindra sees 500 MW opportunity in solar power
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NY awards $46M for 76 solar energy projects
The state is awarding $46 million to help finance 76 large-scale solar energy projects across New York. Governor Cuomo’s NY-Sun Competitive PV Program is drawing strong participation from New York energy customers and solar developers. In a successful first round, the New York State Energy Research and Development Authority (NYSERDA) awarded $46 million for 76 … Continue reading NY awards $46M for 76 solar energy projects
Continue readingIDB to Finance Three Private-sector Photovoltaic Solar Energy Projects in Chile
Pozo Almonte and Calama Photovoltaic Project in the Atacama Desert will supply the country’s mining industry The Inter-American Development Bank (IDB) approved a loan package for $41.4 million to private sector firms for the construction, operation, and maintenance of three photovoltaic solar power plants in the Atacama Desert in northern Chile. The financing consists of a … Continue reading IDB to Finance Three Private-sector Photovoltaic Solar Energy Projects in Chile
Continue readingSolar energy causes revolution in Dutch electricity market
The growth of solar energy has had a much greater impact on the Dutch energy infrastructure than was previously expected and taken into account. As solar panels look set to supply a much greater share of domestic electricity needs in the future, gas and coal plants are growing increasingly unprofitable, and energy utilities are having … Continue reading Solar energy causes revolution in Dutch electricity market
Continue readingGlobal solar photovoltaic capacities to reach over 200 GW by 2015
NPD Solarbuzz (Santa Clara, California, US) has issued a new analysis which states that cumulative global solar photovoltaic (PV) capacity is likely to double from 2012 to 2015 to over 200 GW. Senior Analyst Michael Barker notes that while the 2012 PV market did not grow as much as many hoped for, it still set … Continue reading Global solar photovoltaic capacities to reach over 200 GW by 2015
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Suntech’s fall rings alarm bell for China’s solar energy industry
The bankruptcy of Chinese leading solar panel maker Wuxi Suntech stunned the domestic photovoltaic (PV) industry last week, raising wide speculations on the future of the company and the whole sector. On Wednesday, the Wuxi City Intermediate People’s Court approved the company’s bankruptcy and ruled that it was undergoing “bankruptcy reorganization.” The announcement came two … Continue reading Suntech’s fall rings alarm bell for China’s solar energy industry
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Bosch to end photovoltaic business
Bosch said it will sell or shut down its heavily loss-making solar energy operations, the latest blow to the industry as Germany curbs green energy subsidies and cheap Chinese imports flood the market. Chinese rivals have flooded global markets with cheap solar photovoltaic panels, prompting the European Commission to launch a dumping investigation. Bosch said … Continue reading Bosch to end photovoltaic business
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Grenergy announces the grid connection of two new rooftop photovoltaic projects in Andalucia
Spanish PV Company Grenergy announces the successful completion and grid connection of two new rooftop photovoltaic projects in Andalucia totaling 2MWp and confirms its ambitious plans for the international grid-parity market. Madrid based Grenergy has completed both rooftops of 1MWp each in record time on industrial units in the Spanish provinces of C
Continue readingSolar panel maker Suntech declares bankruptcy
The bankruptcy of solar panel giant Wuxi Suntech made front page news on Thursday, with many reports looking to the factors that caused the bankruptcy, as well as the bankruptcy’s future impact. Suntech’s problems are undoubtedly a heavy blow to the industry and the country’s drive to promote new energy. Hopes that were pinned on … Continue reading Solar panel maker Suntech declares bankruptcy
Continue readingMiddle East and Africa Photovoltaic Demand to Reach 1 Gigawatt in 2013
South Africa and Israel to Drive Solar Photovoltaic Demand in 2013; Saudi Arabia to Become Leader by 2017. New solar photovoltaic (PV) demand from the Middle East and Africa (MEA) region is forecast to reach 1 gigawatt (GW) in 2013, based on findings from the new NPD Solarbuzz Middle East and Africa PV Market Report. … Continue reading Middle East and Africa Photovoltaic Demand to Reach 1 Gigawatt in 2013
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Yingli Green Energy announces strategic cooperation with GCL-Poly
Yingli Green Energy Holding Company Limited (NYSE: YGE) (“Yingli Green Energy” or the “Company”), a leading solar energy company and one of the world’s largest vertically integrated photovoltaic (“PV”) manufacturers, which markets its products under the brand “Yingli Solar”, today announced that the Company has entered into a non-binding strategic cooperation framework agreement (the “Agreement”) … Continue reading Yingli Green Energy announces strategic cooperation with GCL-Poly
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Stanford
Scientists working at the Stanford Institute for Materials and Energy Sciences (SIMES) have improved an innovative solar-energy device to be about 100 times more efficient than its previous design in converting the sun’s light and heat into electricity. “This is a major step toward making practical devices based on our technique for harnessing both the … Continue reading Stanford
Continue readingMartifer Solar Completes Two Photovoltaic Projects in Spain
The company was responsible for the engineering, procurement and construction of the projects, and will be in charge of the Operation and Maintenance (O&M) services —Martifer Solar has already installed 60 MW in Spain. Martifer Solar (http://www.martifersolar.com/), subsidiary of Martifer SGPS, has just concluded two photovoltaic projects in Spain, in a total of 4.26 MWp. … Continue reading Martifer Solar Completes Two Photovoltaic Projects in Spain
Continue readingSolar energy offer alternative solutions to rural Myanmar
Solar power can provide electricity for the whole country by 2031, said U Thoung Win, chairman of the Renewable Energy Association Myanmar. “Solar power takes only one day to install in a house in a province. For a whole village, it takes about a month. We are now trying to install power systems that operate … Continue reading Solar energy offer alternative solutions to rural Myanmar
Continue readingJapan Adds 1,178 Megawatts of Solar Energy in Nine Months
Japan added 1,178 megawatts of solar energy capacity in the nine months to the end of December as the country curbs its reliance on nuclear power. Japan added 1,119 megawatts of solar to the 4,800 megawatts already installed, according to data released by the Ministry of Economy, Trade and Industry on March 13. Wind energy … Continue reading Japan Adds 1,178 Megawatts of Solar Energy in Nine Months
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Top 10 Solar Photovoltaic Projects Under Construction
The United States added a staggering 3.3 gigawatts of solar power capacity in 2012, according to GTM Research. To put the scale of solar power’s rapid and relentless expansion in perspective, the solar power capacity added in 2012 was greater than all of the solar power capacity added for the three previous years combined. … Continue reading Top 10 Solar Photovoltaic Projects Under Construction
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Wind power revenues saw a small increase from $71.5 billion in 2011 to $73.8 billion in 2012
Combined revenues for wind, solar and biofuels amounted to $248.7 (£166.52) billion last year, adding just $2.6 (£1.74) billion to 2011 revenues ($246.1 billion), according to a report by US based cleantech analyst Clean Edge published today. The falling price of solar was cited as the major factor for last year’s subdued revenues, compared … Continue reading Wind power revenues saw a small increase from $71.5 billion in 2011 to $73.8 billion in 2012
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