A new Investment Tax Credit proposal linked to installation costs would raise CSP tax breaks from the end of 2016, the point at which the 30% credit for all solar projects is currently scheduled to drop to 10%. The new ITC proposal has been presented by Amit Ronen, who strategized the 8-year extension of the … Continue reading New US tax credit proposal would raise Concentrated Solar Power incentives from 2017
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Solar energy economically viable in Oman
It is a myth that use of solar technology is not efficient and economically viable in Oman due to the dusty climate, say experts who believe that more awareness about solar power is required. SoubhiAbdulkarim, chairman and chief executive officer at Integrated Smart Technologies, and Michael Katz, chief executive officer of Oman Aqua Science, both … Continue reading Solar energy economically viable in Oman
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Solar power prospects burn bright in Saudi Arabia
When I wrote two weeks ago that Saudi Arabia is targeting 41-GW of solar electricity generation, a sceptical friend rightly asked me to check this number. I was quoting the American Energy Information Administration Country analysis report. I know the number is staggering but it is achievable considering the consequences of not doing so. In … Continue reading Solar power prospects burn bright in Saudi Arabia
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Chilean mines are turning to renewable energy: CSP, PV and wind power
The mining industry requires a lot of energy to keep moving, and bottom lines depend on keeping the price of that energy as low as possible. To maintain efficiency, the mining industry seems to be increasingly looking to the renewable sector to supply its power, an action that is especially prevalent in Latin America regions … Continue reading Chilean mines are turning to renewable energy: CSP, PV and wind power
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Maui may get its first two major solar power projects
Maui Electric has signed power purchase agreements with Maui-based developers for two major solar power plants totaling about 5.7-megawatts, which would be the first projects of its kind on the Valley Isle. The contracts were filed with the Hawaii Public Utilities Commission, which still needs to approve these agreements. Developer South Maui Renewables Resources — … Continue reading Maui may get its first two major solar power projects
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Concentrated Solar Power (CSP) market to hit $53.7 bn by 2020
The global market for concentrated solar power (CSP) will reach $53.7 billion by 2020. The forecast has been made by the market research firm Acute Market Reports. According to the report, market for CSP was $1.3 billion in 2013. And growth of the CSP market will be powered by the development of molten salt storage … Continue reading Concentrated Solar Power (CSP) market to hit $53.7 bn by 2020
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Increased use of renewable energy, solar energy and wind power, helps EU reduce GHG emission
The EU greenhouse gases (GHG) emission savings due to final renewable energy consumption in electricity, cooling/heating and transport sectors rose at a compound annual growth rate of 8.8 percent from 2009 to 2012, according to a new report of the European Commission’s Joint Research Center (JRC). Nearly two thirds of the total savings came … Continue reading Increased use of renewable energy, solar energy and wind power, helps EU reduce GHG emission
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SkyPower and Grupo Uribe Form JV for the Development of Solar Power in Mexico
SkyPower, the largest developer of solar PV energy projects in the world, is pleased to announce the formation of a joint venture with Grupo Uribe, a leading energy company based in Mexico with over 50 years of experience serving households, businesses and industries. The joint venture will form the single largest solar development company in … Continue reading SkyPower and Grupo Uribe Form JV for the Development of Solar Power in Mexico
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Concentrated solar power could play a key role in India’s energy future
Concentrated solar power, in which reflective troughs heat up water that is then fed to heat exchangers and turbines to produce electricity, could play a key role in India’s energy future. In central Karnataka state, 120 miles north of Bangalore, the lush jungle of India’s west coast gives way to dry scrubland. Sunflowers, onions, chilis, … Continue reading Concentrated solar power could play a key role in India’s energy future
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China to build concentrated solar thermal power plant
China is set to begin the construction of what is expected to be the largest concentrated solar thermal power plant. The Delingha plant, which will cover 25km of land in the Gobi desert, is slated to have a 200 MW capacity – enough to supply one million homes with electricity. Once fully operational, the plant … Continue reading China to build concentrated solar thermal power plant
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Solar energy and wind energy in the United States is likely to have a secure future thanks to President Barack Obama’s plan
Solar power and wind energy in the United States is likely to have a secure future thanks to President Barack Obama’s plan to cut carbon emissions by forcing utilities to use renewable sources to produce electricity, the industry said on Monday. With its 2030 deadline, Obama’s Clean Power Plan offers a degree of stability … Continue reading Solar energy and wind energy in the United States is likely to have a secure future thanks to President Barack Obama’s plan
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Concentrated Solar Power (CSP) project in Shanxi, China, with 100 MW
United Photovoltaics Group has won the exclusive rights to develop and construct a 100-MW concentrated solar power (CSP) plant in Shanxi province as a demonstration project in a 3-GW governmental scheme. The company’s unit United Photovoltaics (Changzhou) Investment Co Ltd inked a development agreement for the concentrated solar power (CSP) project with the local … Continue reading Concentrated Solar Power (CSP) project in Shanxi, China, with 100 MW
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Welspun Renewables Breaks Ground by Commissioning Punjab’s Largest Solar Power Project
Welspun Renewables, India’s largest solar energy generator has set up its first solar power project – the Bhatinda 34 MW (DC), in Punjab. This is the largest commissioned solar capacity to come up in the state. Like all its projects before, Welspun Renewables has developed it ahead of committed deadlines, in 5 short months. It … Continue reading Welspun Renewables Breaks Ground by Commissioning Punjab’s Largest Solar Power Project
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Obama set to unveil tougher climate change plan: demands that power plants use more renewable energy like wind power and solar energy
In the strongest action ever taken in the United States to combat climate change, President Barack Obama will unveil on Monday a set of environmental regulations devised to sharply cut planet-warming greenhouse gas emissions from the nation’s power plants and ultimately transform America’s electricity industry. The rules are the final, tougher versions of proposed … Continue reading Obama set to unveil tougher climate change plan: demands that power plants use more renewable energy like wind power and solar energy
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Butterfly-inspired technique could make photovoltaic solar energy cheaper
A team of experts from the University of Exeter has examined new techniques for generating photovoltaic (PV) energy – or ways in which to convert light into power. They showed that by mimicking the v-shaped posture adopted by Cabbage White butterflies to heat up their flight muscles before take-off, the amount of power produced by … Continue reading Butterfly-inspired technique could make photovoltaic solar energy cheaper
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Concentrated Solar Power Abengoa announces H1 2015 results
Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB), the international company that applies innovative technology solutions for sustainability in the energy and environment sectors, recorded revenues of €3,390 million for the first six months of 2015, an increase of 3 % versus the same period of the previous year. EBITDA rose by 9 % to €650 million … Continue reading Concentrated Solar Power Abengoa announces H1 2015 results
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Renewable energy generated 40.8% of electricity in Spain until July
The wind energy produced 20.3% of electricity until July 2015, 2.4% solar thermal and photovoltaic solar energy 3.3%. Generation from January to July 2015 In July the renewable energy generated 30,7,8% of electricity in Spain: wind power produced 12.9%, 3.8% solar thermal and photovoltaic solar energy 3.7%. Generation of July 2015 The peninsular electricity demand … Continue reading Renewable energy generated 40.8% of electricity in Spain until July
Continue readingRioglass to supply receivers for 110 MW Concentrated Solar Power plant in Israel
The 110-megawatt Concentrated Solar Power plant, the first of its kind in Israel, will produce solar thermal electricity using the parabolic trough method. The Concentrated Solar Power plant at Ashelim, owned by Shikun & Binui Holdings Ltd. (TASE: SKBN) and Spanish concern Abengoa, today signed an agreement to buy tens of thousands of thermo-solar … Continue reading Rioglass to supply receivers for 110 MW Concentrated Solar Power plant in Israel
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Why Concentration of the Solar Energy Industry in China Will Hurt Technology Innovation
Earlier this month, the U.S. Commerce Department reviewed its tariffs on imported Chinese solar panels, originally imposed in 2012 in retaliation against Chinese subsidies and below-market pricing, and opted to maintain the total tariff burden on most panels. While interest groups advocating U.S. manufacturing cheered, those in favor of cheaper clean energy to reduce U.S. greenhouse gas … Continue reading Why Concentration of the Solar Energy Industry in China Will Hurt Technology Innovation
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SunEdison closes financing and starts construction of a 110-megawatt photovoltaic solar energy plant in the metropolitan region of Chile
SunEdison, Inc. (NYSE:SUNE), the world’s largest renewable energy development company, today announced that it has secured financing and started construction on the 110-megawatt (MW) DC Quilapilun solar power plant in the Metropolitan Region of Chile. Once completed, the power plant will be SunEdison’s first solar project in Santiago and is expected to be its largest … Continue reading SunEdison closes financing and starts construction of a 110-megawatt photovoltaic solar energy plant in the metropolitan region of Chile
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