However, 2012 was the second highest year ever for renewable energy investments, which total $1.3 trillion since 2006. And there was a continuing upward trend in developing countries in 2012, with investments in the South topping $112 billion vs $132 billon in developed countries
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U.S. Installs 723 MW of Solar PV in Q1 2013
GTM Research and the Solar Energy Industries Association® (SEIA) today release U.S. Solar Market Insight: 1st Quarter 2013, the definitive analysis of solar power markets in the U.S., with strategic state-specific data for 28 U.S. states and the District of Columbia. This quarter’s report finds that the U.S. installed 723 megawatts (MW) in Q1 2013, … Continue reading U.S. Installs 723 MW of Solar PV in Q1 2013
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U.S. approves three renewable energy projects: CSP, PV and geothermal energy
The U.S. Department of the Interior announced Monday that it had approved three major renewable energy projects in two western states of Nevada and Arizona to boost domestic energy production. The 350-megawatt Midland Solar Energy Project and the 70- megawatt New York Canyon Geothermal Energy Project are located in Nevada, and the 100-megawatt Quartzsite Concentrated … Continue reading U.S. approves three renewable energy projects: CSP, PV and geothermal energy
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Solar power is considered both clean and cheap and it could generate more energy than all the world
The tiny island of Tokelau in the South Pacific may have the smallest economy in the world, but it boasts an outsized reputation when it comes to green energy. Since 2012, Tokelau has been meeting its entire energy needs with solar energy, thanks to 4,032 solar photovoltaic panels. There are several reasons for the island
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Germany sets new solar power record
German solar energy plants produced a world record 22 gigawatts of electricity per hour – equal to 20 nuclear power plants at full capacity – through the midday hours on Friday and Saturday, the head of a renewable energy think tank said. The German government decided to abandon nuclear power after the Fukushima nuclear disaster … Continue reading Germany sets new solar power record
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Yingli Green Energy to Supply 96 MW PV Modules to One of the Largest Solar Power Projects in South Africa
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 signed a contract to supply 96 MW of PV modules … Continue reading Yingli Green Energy to Supply 96 MW PV Modules to One of the Largest Solar Power Projects in South Africa
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The Photovoltaic Market in Japan
Following the Fukushima nuclear disaster, Japan is strongly promoting renewable energy and aiming to significantly increase its contribution to its energy structure. This has brought tremendous opportunities to the photovoltaic industry. While incubating great opportunities, the Japanese PV market also has high entry barriers for overseas suppliers. Japan
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SolarReserve, Kensani and Intikon Complete $260 million Solar Project Financing with Key Investment from Google and the PIC
The development consortium consisting of SolarReserve, a U.S. developer of utility-scale solar power projects; the Kensani Group, an experienced empowerment investment player in South Africa; and Intikon Energy, a South African developer of renewable energy projects, has successfully closed project financing for the Jasper Solar Energy Project, a 96 megawatt (MW DC) solar photovoltaic (PV) … Continue reading SolarReserve, Kensani and Intikon Complete $260 million Solar Project Financing with Key Investment from Google and the PIC
Continue readingSolar photovoltaic can replace nuclear power in Japan
A recent study by researchers at the University of Texas (Austin, Texas, US) indicates that Tokyo could use solar photovoltaic (PV) generation as “baseload” power, due to Japan’s large amount of pumped hydro storage. “Potential for rooftop photovoltaics in Tokyo to replace nuclear capacity” states that PV could help meet peak requirements as well as … Continue reading Solar photovoltaic can replace nuclear power in Japan
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Construction Complete on 84 MW Large-Scale Solar Power Generation Plant in Thailand
Sharp Is the EPC*1 Contractor for One of the Largest*2 Solar Power Plants in Thailand, Will Also Provide Maintenance Service In May 2013, construction was completed on one of the largest*2 solar power generation plants in Thailand, one that Sharp Corporation had been contracted to construct*3 by NED*4, an IPP*5 in that country. The newly … Continue reading Construction Complete on 84 MW Large-Scale Solar Power Generation Plant in Thailand
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Concentrated Solar Power, PV and wind energy could provide up to 5% of Morocco
Morocco offers ideal conditions for the emergence of a dynamic and competitive renewable energy industry. The Desertec Industrial Initiative (Dii) has released a new report which finds that the solar photovoltaic (PV) concentrating solar power (CSP) and wind energy industries could provide up to 5% of the total value of goods produced in 2030 in … Continue reading Concentrated Solar Power, PV and wind energy could provide up to 5% of Morocco
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Minera El Tesoro Mining Group and Soitec Establish CPV Solar-Energy Pilot Plant for Mining Operation in Chile
Minera El Tesoro (MET), part of one of the largest mining groups in Chile, has built the first pilot plant in South America with Soitec Solar technology, installing four of its highly efficient concentrator photovoltaic (CPV) systems at a site in Chile’s Sierra Gorda district to provide renewable energy for a remote copper-mining operation. In … Continue reading Minera El Tesoro Mining Group and Soitec Establish CPV Solar-Energy Pilot Plant for Mining Operation in Chile
Continue readingYingli Green Energy to Supply Malaysia Solar Energy Plant
Yingli Green Energy is to be the supplier to a large-scale solar power plant in its home continent of Asia. The company announced it had reached a deal for its Singapore subsidiary to supply over 10 MW of its multicrystalline photovoltaic modules to a solar facility in Malaysia. The customer is Amcorp Power, a local … Continue reading Yingli Green Energy to Supply Malaysia Solar Energy Plant
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Saudi Arabia plans to install 41,000 megawatts (MW) of solar power over the next 20 years
Saudi Arabia plans to install 41,000 megawatts (MW) of solar power over the next 20 years. A slide in solar power costs and a surge in oil prices over the last few years has made solar power a win-win strategy for Saudi Arabia: saving billions of dollars of crude for export while making electricity at … Continue reading Saudi Arabia plans to install 41,000 megawatts (MW) of solar power over the next 20 years
Continue readingMartifer Solar to Build Latin America
Martifer Solar, a subsidiary of Martifer SGPS, is building a 30 MW photovoltaic plant in Mexico, the largest to date in Latin America. The company is responsible for the EPC (engineering, procurement and construction) services of the plant and will also provide the Operation and Maintenance (O&M) services upon completion. The project will be funded … Continue reading Martifer Solar to Build Latin America
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ABB to produce photovoltaic inverters in South Africa as solar market expands
Production to start in 2014, delivering central inverters with a capacity of up to 1,000 kW Zurich, Switzerland, May 23, 2013 – ABB, the leading power and automation technology group, plans to start production of central inverters in South Africa to support the rapidly growing local photovoltaic (PV) market and local content requirements. ABB plans … Continue reading ABB to produce photovoltaic inverters in South Africa as solar market expands
Continue readingSoitec produces 43.6% efficient 4-junction solar PV cell
Soitec (Euronext), a world leader in generating and manufacturing revolutionary semiconductor materials for the electronics and energy industries, announced today the industry’s first four-junction solar cell device, which works under concentrated sunlight, putting the company on the solar-energy industry’s technology roadmap at a world-class level of an outstanding 43.6 percent efficiency. This technology development – … Continue reading Soitec produces 43.6% efficient 4-junction solar PV cell
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Solar Energy Industry Capital Spending Hits Seven-Year Low in 2013
The anticipated fall will represent the lowest level of spending since $2.4 billion in 2006. Although global capital spending this year in the photovoltaics (PV) supply chain is expected to fall to its lowest level since 2006, indications signal that the downturn in investment has hit bottom and that purchases of equipment may soon rebound. … Continue reading Solar Energy Industry Capital Spending Hits Seven-Year Low in 2013
Continue readingFirst solar power plant in Vojvodina (Serbia)
Serbia’s Minister of Energy Zorana Mihajlovic laid in Beocin on Monday the cornerstone of the first solar power plant in Vojvodina, the second in Serbia, in which EUR 1.5 million will be invested. The plant will have a capacity of 1 MW. It should be finished in three months and opened in September. Prima Energy … Continue reading First solar power plant in Vojvodina (Serbia)
Continue readingYingli Green Energy to supply 220 MW PV modules for China power investment corporation
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 its wholly-owned subsidiary, Yingli Energy (China) Company Limited (“Yingli China”), has succeeded in … Continue reading Yingli Green Energy to supply 220 MW PV modules for China power investment corporation
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