First Solar, Inc. (Nasdaq: FSLR) today announced it set a new world record for cadmium-telluride (CdTe) photovoltaic (PV) module conversion efficiency, achieving a record 16.1 percent total area module efficiency in tests confirmed by the U.S. Department of Energy
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5 Super-Sized Solar Energy Projects Transforming the Clean Energy Landscape
2012 marked a record year for America’s solar industry. Installations surged by 76 percent compared to 2011 — representing an estimated market value of $11.5 billion. From commercial to residential, every sector experienced significant growth, but the clear standout of 2012 was utility-scale solar. Utility-scale solar projects are designed to generate massive amounts of electricity. … Continue reading 5 Super-Sized Solar Energy Projects Transforming the Clean Energy Landscape
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JinkoSolar signs a PV supply agreement for 115 MW in South Africa
JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), a leading global solar PV power product manufacturer, today announced that it has entered into a module supply agreement with a well-recognized solar project developer (the “Developer”) to deliver a total of 115 megawatts (MW) of its high-efficiency solar panels for two projects in South … Continue reading JinkoSolar signs a PV supply agreement for 115 MW in South Africa
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Saudi Arabia is planning to invest $ 109 billion in solar power
Saudi Arabia is planning to invest $ 109 billion over the next 20 years in order to take advantage of its excellent solar resources and diversify its energy mix, according to Alexander Lenz, president — the Middle East and Southeast Asia region, Conergy Asia & ME Pte. Ltd. This is because the “Kingdom believes sustainable … Continue reading Saudi Arabia is planning to invest $ 109 billion in solar power
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The cost of solar power
California’s Public Utility Commission (CPUC) last month reported to the state legislature on the cost of renewables. The Padilla report, so-called because of a bill introduced by Senator Alex Padilla and passed in 2011, mandates the CPUC to publish the costs of renewable contracts and utility-owned generation every six months. The first report was published … Continue reading The cost of solar power
Continue readingFirst Solar acquires 150 MWac Solar Gen 2 photovoltaic solar power project
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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Balochistan inks deal for installing a 300 MW solar power plant near Quetta
A Memorandum of Understanding has been signed between the Balochistan government and CK Solar Korea for installing a 300 MW solar power plant near Quetta, Provincial Secretary Energy Fuad Hashim Rabbani said on Saturday. The project will cost around $900 million and will be completed by 2016, he said, while addressing the media. Rabbani said … Continue reading Balochistan inks deal for installing a 300 MW solar power plant near Quetta
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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
Continue readingNY 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
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More Solar Brought Online in the U.S. Than the Previous Three Years Combined
The U.S. Solar Industry has experienced a resurgence over the past year as newly-imposed import tariffs on Chinese solar cells have helped companies compete with their Chinese competitors. According to the Solar Energy Industries Association the U.S. solar industry market increased to $11.5 billion, a year-over-year increase of 34 percent. Five Star Equities examines the … Continue reading More Solar Brought Online in the U.S. Than the Previous Three Years Combined
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 readingKSK Energy Ventures and MiaSole announce commissioning of 11.6MW solar power project in Rajasthan, India
KSK Energy Ventures, a leading India power development and generation company, and MiaSole, the leading manufacturer of copper indium gallium selenide (CIGS) thin-film photovoltaic solar panels and system solutions, today announced that the commissioning of an 11.6MW solar photovoltaic project occurred on February 26, 2013. The project is under India’s Jawaharlal Nehru National Solar Mission … Continue reading KSK Energy Ventures and MiaSole announce commissioning of 11.6MW solar power project in Rajasthan, India
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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Batteries the biggest obstacle to solar power in the Pacific
The rapidly falling costs of electricity produced from the using photo-voltaic cells makes solar power one of the best options for remote Pacific Islands, but the cost and short lifespan of current battery technology is still a limitation. Speaking from an international donors
Continue readingBosch 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
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