Wild Brush Energy (PINKSHEETS: WBRE) and Energoconsult Ltd. have established a cooperative agreement towards the future development of a commercial scale Wind Farm, up to 120Mw in size. Energoconsult’s signing is essential for the assessment of crucial wind measurement data, site planning and analysis forecasts vital for maximum wind farm productivity. Energoconsult Ltd. performs research,… Read more »
Category: Renewable News
Eco group files lawsuit to halt REC’s U.S. plant
An environmental group has filed a U.S. lawsuit seeking to halt the construction and start-up of Renewable Energy Corporation’s (REC) (REC.OL) silicon plants in Moses Lake, Washington, the group said in a statement. Norway-based solar energy components producer REC, which took analysts and investors on a tour of its Moses Lake facility on Tuesday, was… Read more »
Suntech Selected to Power Taiwan’s Largest Solar Power Plant
Suntech Power Holdings Co., Ltd. (NYSE: STP), the world’s largest producer of crystalline silicon photovoltaic modules, will supply solar panels for what will be the biggest solar power plant in Taiwan. Owned and operated by the Taiwan Power Company, and developed by Fortune Electric Co., Ltd., the new 4.7MW solar plant in Young’an, Kaohsiung, Taiwan,… Read more »
Aquamarine Power and SSE Renewables secure exclusive rights to develop 200MW Brough Head wave farm
A joint venture partnership between Aquamarine Power and SSE Renewables has today [Tuesday 16 March] been granted exclusive development rights to an area of the seabed off the coast of Orkney as part of the world’s first commercial leasing programme for wave and tidal energy generation projects. The partnership has been granted an agreement for… Read more »
Chinas Solar Industry Maintains Positive Growth Momentum
The technology group, The Linde Group, and its subsidiary, Linde LienHwa (LLH), jointly announce today several long-term gas supply contracts with leading Chinese solar manufacturers. The multi-million US dollar contracts will see Linde supplying to the full solar manufacturing value chain in China, from polysilicon to major solar module manufacturers, including GS Solar, Parity Solar,… Read more »
Solar energy firms seen vulnerable – Barron’s
Shares of a number of solar energy companies have become vulnerable as the Obama administration has turned out to be a lot less lucrative for green investors than originally hoped, Barron’s said. “For the industry, 2009 wasn’t just disappointing; it was a nightmare,” the weekly business newspaper said in its March 15 edition. Companies whose… Read more »
Things are looking bright for top solar-power stocks
Solar-energy stock prices have been falling for about two years. Once viewed as the newest and greenest energy source, solar power has become less popular with investors. They gradually realized that it is far from competitive with conventional energy sources on price, and that it accounts for less than 1 percent of U.S. electricity generation.Now,… Read more »
London landmark building will generate 8% of its energy needs
Peering down 148 metres from the top of the latest addition to London’s skyline, the traffic-clogged Elephant and Castle roundabout and its notorious neighbour, the Heygate estate, below feel an unlikely location for a world first. But next week, this new skyscraper, nicknamed “the Razor”, will take a crucial step towards becoming the world’s first… Read more »
Boralex gets $194 million loan for Ontario wind farm
Boralex Inc (BLX.TO: Quote) has secured financing of C$194.5 million ($191 million) for the construction and operation of its Thames River wind farm in southern Ontario, the Canadian renewable energy producer said on Monday. The funds will be used to finance the second phase of the 90-megawatt wind farm and to refinance Phase 1. The… Read more »
Va. gov McDonnell signs offshore energy bills
Gov. Bob McDonnell signed into law Wednesday offshore drilling legislation intended to realize his goal of making Virginia the East Coast’s energy superpower. The bills supporting offshore oil and gas exploration and directing royalties from drilling back to Virginia each hinge on actions by the federal government and Congress. Interior Secretary Ken Salazar is expected… Read more »
Applied Materials Expands Display, Solar Equipment Manufacturing Capability in Taiwan
Applied Materials, Inc., the world’s largest supplier of equipment to the semiconductor, flat panel display (FPD) and solar photovoltaic (PV) industries, today announced the opening of its newly expanded Tainan Manufacturing Center in Tainan, Taiwan. The nearly 15,000 square meter facility will enhance Applied’s capability to serve its FPD and thin film solar PV customers… Read more »
DEK Solar prepares to showcase pioneering PV3000 at AsiaSolar Energy Photovoltaic Exhibition and Forum
DEK Solar will be bringing its newly-introduced PV3000 metallization line to this year’s AsiaSolar Energy Photovoltaic Exhibition and Forum, being held at Shanghai Mart from 30th March – 1st April. In addition to providing an opportunity for visitors to see the line in action, the exhibition will also enable attendees to find out more about… Read more »
Broadwind gets JPMorgan’s top rating, shares up
A recovery in the wind energy sector starting in the second half of the year will boost sales growth for Broadwind Energy Inc., a JPMorgan analyst said Tuesday. Shares rose rose 41 cents, or 8 percent, to $5.52 in afternoon trading after JPMorgan analyst Christopher Blansett started coverage on the company at “Overweight,” with a… Read more »
How America Could Get Rich by Going Green
CBS News correspondent Celia Hatton reports wind turbines that can be seen slicing the sky above rural Minnesota were manufactured more than 6,000 miles away by a Chinese company. They’re helping to power the nearby town of Pipestone. “The wind is blowing nearly all the time,” said Pipestone resident Elmer Stoltenberg. “We should take advantage… Read more »
Phoenix Solar AG releases preliminary figures for the financial year 2009
Based on preliminary figures, Phoenix Solar AG, a leading photovoltaic system integrator listed on the TecDAX, generated consolidated revenues of EUR 473.0 million in the financial year 2009, which corresponds to the upper range of the corridor forecast for revenues (EUR 430 – 480 million). Earnings before interest and taxes (EBIT) came to EUR 12.2 million, which is also in… Read more »
SGS to Present its Wind Energy Services at EWEC 2010
SGS, the world’s leading inspection, verification, testing and certification company, is one of the exhibitors at the European Wind Energy Conference and Exhibition (EWEC) 2010 in Warsaw, Poland. The services offered by SGS Competence Center Wind Energy will be presented throughout the exhibition at stand no. 4058 in hall 4. The European Wind Energy Conference… Read more »
Wind powers ahead in blustery Denmark
There is an undeniable excitement attached to the launch of a new series. With the rough brief being that Earth’s Frontiers was to be an environmental show, a host of warm and exotic locations sprang to mind. A colleague from Atlanta was heading for the beaches of Hawaii to look at wave power. Another, based… Read more »
Eco home in South Tyneside showcases heating system
An award-winning eco home on a South Tyneside estate has opened its doors to the public to showcase two renewable heating systems. ‘The Showhouse’ on Lukes Lane Estate in Hebburn has been fitted with an air-sourced heat pump and a solar water heating system. South Tyneside Homes is installing the systems to 60 homes in… Read more »
Delegation of Senior Government Officials Visits Yingli Green Energy Headquarters
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 manufacturers, which holds the brand “Yingli Solar,” today announced a senior government delegation including Jiang Zemin, former President of China, Zeng Peiyan, former Vice Premier of China,… Read more »
Get Smart The Sensible Solution
Leading Executives from the utilities industry are meeting at the NGU EU summit this week to discuss EU renewable targets. An illustrious meeting of the most influential Power and Energy suppliers took place this week in Germany. Chaired by Michael Lewis MD Eon Renewables, the challenge of the meeting was to look at innovative ways… Read more »
Phaesun wins bid and builds solar systems in Burkina Faso
Along with its partner Ikratos Africa, based in Burkina Faso ‘s capitol Ouagadougou , Phaesun GmbH from Memmingen , Germany , is constructing ten solar power plants in Koudougou Region in Burkina Faso , to be finished at the end of March. The solar modules will produce electricity for telecommunications plants. The contracting party is… Read more »
NRG Energy Inc plans to acquire South Trent wind farm, Texas
Power generation supplier NRG Energy Inc (NYSE: NRG) declared on Thursday that the company has entered into a binding letter of intent to purchase the South Trent wind farm near Sweetwater, Texas, for an undisclosed price. This 101 megawatt (MW) South Trent wind farm came online in January 2009 and consists of 44 Siemens 2.3… Read more »
Striking a blow for wind power
Wind power provides a fifth of Denmark’s electricity, most of it generated by giant wind farms built on land and in the country’s coastal waters. But the tiny Danish island of Samso is proving bigger isn’t necessarily better by generating all its electricity using wind turbines of its own. Nineteen miles off the coast of… Read more »
Texas wind project’s stimulus funds may stall over Chinese parts, jobs
A group of Democratic senators may seek to halt stimulus funding for wind-energy projects over concerns that the program is subsidizing jobs overseas. The dispute was prompted by a proposed wind farm in West Texas, whose investors planned to use Chinese-made turbines and seek a $450 million stimulus grant. The senators insist that stimulus funds… Read more »
Sun, wind offer jobs, new energy options
Can you visualize local parking lots with solar powered stations for recharging your plug-in hybrid vehicle? Could you visualize owning a renewable energy home that produces more power than it uses? These dreams are possible, but there is a need to act soon if we want to join the energy revolution that is repowering much… Read more »
Suntech Power Rises On Better-Than-Expected Q4 Results
Suntech Power Holdings Co. (NYSE: STP) announced fourth-quarter results on Thursday that were better than expected, beating the street and sending shares up nearly 6 percent in premarket movement. The solar energy company reported fourth-quarter earnings of $49.9 million or 27 cents per share, 16 cents better than the analyst estimate of 11 cents per… Read more »
Kyocera to expand solar energy production to San Diego facility
A solar energy-focused offshoot of the Kyocera Group has announced its intent to begin manufacturing solar energy modules at their San Diego-based facility in the hopes of serving a growing demand for clean and renewable energy sources. Kyocera Solar, which has its operating headquarters in Scottsdale, Arizona and serves thousands of customers around the world,… Read more »
DEK Solar reveals range of enabling technologies for specialist PV applications
Screen printing leader DEK Solar has revealed a range of technologies designed to provide advanced support for specialist photovoltaic applications. In addition to the dedicated PV1200 and PV3000 solar platforms, DEK’s specialist platforms meet the requirements of diverse PV challenges – from large-scale production to flexible or non-standard substrates. As a global technology leader with… Read more »
Wind energy at heart of EU smart growth strategy
The European Commission’s ‘Europe 2020 strategy for smart, sustainable and inclusive growth’ published today contains grid and market commitments that will boost the growth of wind energy in Europe, says the European Wind Energy Association (EWEA). Smart growth and sustainable growth are two of the three priorities put forward by the European Commission for the… Read more »
PROINSO awarded the supply of several solar farms in Greece with an output exceeding 3.2 MW
The orders include the supply of 139 MECASOLAR trackers (1.5 MW) for the island of Crete manufactured in the company’s factory in Thessaloniki. § In the first of the contracts, PROINSO will supply 900 kW of modules and SMA inverters for solar photovoltaic projects in Crete, developed by the Greek company Hellas ADIVA.§ The second… Read more »
POWER-GEN Europe 2010: a date for your diary
The POWER-GEN Europe conference and exhibition is the foremost event for the European power industry. The three-day event continues to provide an unequalled programme of strategic, technical, keynote and plenary sessions, along with over 450 exhibitors and a diverse range of companies and services on show. Held on the 8th-10th June 2010 at RAI, Amsterdam,… Read more »
EU money injects new life into electricity interconnection
The European Commission today allocated over €903 million to electricity interconnection projects as part of its broader European Economic Recovery Plan, injecting new impetus into long standing electricity grid development plans within the EU. Nine projects received funding, including the vital France-Spain interconnection, which has been planned for a long time. “Despite the importance of… Read more »
India Announces Coal Tax To Fund Renewable Energy Projects
In a landmark announcement the Indian Finance Minister, in his annual Budget speech, put forward the proposal of setting of National Clean Energy Fund which would be constituted through tax lieved on coal usage in the country. The quantum of tax would be INR 50 per ton of coal used, which would generate an annual… Read more »
Offshore Wind Energy Jobs?
Senator Tom Carper and other lawmakers are trying to bring offshore wind energy to their states. The bill would give the industry longer production and investment tax credits all the way until 2020. The senators say offshore wind production can create hundreds of jobs. In Delaware, the company NRG Bluewater Wind says 1,200 temporary jobs… Read more »
Suzlon sees lower US wind power in 2010
New US wind power generation is likely to be lower in 2010 than the record level seen last year with growth in installed capacity resuming in the second half of the year, the head of wind turbine maker Suzlon Energy’s US operations said on Wednesday. “I am pretty bullish on late 2010 and certainly 2011… Read more »
Solar panels are not fashion accessories
George Monbiot’s attack on solar energy and the government’s “cash-back” solar photovoltaic (PV) market-building scheme paints a distorted picture of the industry I work in, and government policy towards it (Are we really going to let ourselves be duped into this solar panel rip-off?, 2 March). First, Monbiot gets the workability of solar wrong. He… Read more »