Solar News
First Solar Incwill supply 100 megawatts of solar modules to India's Reliance Po...
September 6th, 2011

First Solar Inc , the world’s largest solar company by market value, said it will supply 100 megawatts (MW) of solar modules to India’s Reliance Power in what it called the biggest supply deal in the fast-growing market.

Because of India’s abundant solar resource and significant energy demand, the country’s market is expected to be one of the fastest growing in the world, although most solar product makers have had difficulties getting significant deals there.

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Biden: ‘If We Don’t Develop Renewable Energy, We Will Make the Biggest Mista...
August 31st, 2011

n a call to arms this afternoon at the National Clean Energy Summit, Vice President Joe Biden made the case for continued investments in renewable energy, explaining that “we have to unleash” innovation in the sector to stay competitive and rise to the environmental and economic challenges of the day.

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Giant California solar thermal plant raises $935m
August 30th, 2011

North America’s largest wind and solar energy supplier has raised $935m to fund the construction of a 250MW solar thermal plant in the California desert.

The US Department of Energy (DoE) finalised an $852m loan guarantee last week for NextEra Energy Resources’ Genesis Solar project, which will increase the nation’s concentrating solar power capacity by about 50 per cent.

Around $702m of the funding is project bonds, $150m is a project term loan, and the remaining $83m comes from a letter of credit facility.

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Getting ready for a wave of coal-plant shutdowns
August 22nd, 2011

Over the next 18 months, the Environmental Protection Agency will finalize a flurry of new rules to curb pollution from coal-fired power plants. Mercury, smog, ozone, greenhouse gases, water intake, coal ash—it’s all getting regulated. And, not surprisingly, some lawmakers are grumbling.

Industry groups such the Edison Electric Institute, which represents investor-owned utilities, and the American Legislative Exchange Council have dubbed the coming rules “EPA’s Regulatory Train Wreck.” The regulations, they say, will cost utilities up to $129 billion and force them to retire one-fifth of coal capacity. Given that coal provides 45 percent of the country’s power, that means higher electric bills, more blackouts and fewer jobs. The doomsday scenario has alarmed Republicans in the House, who have been scrambling to block the measures. Environmental groups retort that the rules will bring sizeable public health benefits, and that industry groups have been exaggerating the costs of environmental regulations since they were first created.

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Citigroup To Fund Home Solar Installations By Sungevity
August 15th, 2011

Citigroup on Monday said it would create a tax-equity fund to finance the installation of $50 million worth of residential solar systems bySungevity, a fast-growing California startup. The move follows a $105 million fund Citigroup launched three weeks ago for SunPower, the Silicon Valley photovoltaic panel maker and developer.

The tax-equity fund for Sungevity will boost the Oakland company’s expansion to the East Coast by financing residential solar leases. Such leases allow homeowners to avoid the steep upfront costs of going solar – a typical rooftop array can run $30,000 or more before tax breaks. Instead, they pay a monthly fee over a 10 or 20-year contract in exchange for the electricity the solar systems generate.

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ASTALDI Construction Corp. Goes Solar
ASTALDI Construction Goes Solar ASTALDI Construction Corporation recently added
a building-integrated, rooftop solar energy system to its corporate office building in Davie, Florida...
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PROINSO becomes PV CYCLE point for the collection and
recycling of modules in Europe. The 965 companies in its network of qualified installers and other companies working with the Spanish multinational, can send all types of photovoltaic modules...
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