Tag Archives: PV

Canadian Solar lands deal for three solar power plants in Brazil

Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, today announced that it has won 3 solar photovoltaic (PV) projects totaling 114 megawatts (MW) In Vazante, in the state in Minas Gerais in Brazil. Canadian Solar, in partnership with Solatio, will develop, build and own the … Continue reading Canadian Solar lands deal for three solar power plants in Brazil

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Enel Green Power signs renewable energy supply with Endesa Chile

Enel Green Power, acting through its subsidiary Enel Green Power Chile Ltda (“Enel Green Power Chile”), and Empresa Nacional de Electricidad SA (“Endesa Chile”) have signed a long-term power supply contract, which also envisages the sale of the green certificates, with a term of around 20 years for two wind power projects and about 25 … Continue reading Enel Green Power signs renewable energy supply with Endesa Chile

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NextEra Energy Resources breaks ground on two solar power projects in southern California

NextEra Energy Resources, LLC, through its indirect, wholly-owned subsidiaries, today announced it has begun construction of two solar photovoltaic (PV) systems on separate sites in southern California. The solar PV systems will be ground mounted on 20-acre privately owned sites in Apple Valley, Calif., and Blythe, Calif.   “We are committed to developing projects that … Continue reading NextEra Energy Resources breaks ground on two solar power projects in southern California

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EGP wins 344 MW of renewable energy in Brazil, including wind energy and solar PV

The “Ituverava” and “Delfina” projects require a total investment of approximately 600 million US dollars to build. The award of new capacity marks a further step forward in Enel Green Power’s growth strategy for Latin America.    Following the “Leilão de Reserva” public tender in Brazil, Enel Green Power has been awarded the right to … Continue reading EGP wins 344 MW of renewable energy in Brazil, including wind energy and solar PV

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Brazil contracts 769 MW of wind energy and 890 MW photovoltaic

Brazil awarded 20-year power supply contracts totaling 889.7MW of solar PV from 31 projects at an average price of R$215.12/MWh ($86.8MWh). The price was 17.9% below the cap prices of R$262/MWh set by the government.   Brazilian developers on Friday sold 769.1MW of wind power from 31 wind farm projects at the government’s reserve auction … Continue reading Brazil contracts 769 MW of wind energy and 890 MW photovoltaic

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Brazil finally entered the solar power sector

Brazil finally entered the solar power sector on Friday, granting contracts for the construction of 31 solar plants as it tries to diversify its sources of generation amid an energy crisis caused by the worst drought in eight decades. Wind energy developers won contracts to sell 769 megawatts in installed capacity, at an average price … Continue reading Brazil finally entered the solar power sector

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SunEdison Wins 150 Megawatts Of Solar Photovoltaic Projects In Karnataka India

SunEdison, Inc. (NYSE: SUNE), a leading global solar technology manufacturer and provider of solar energy services, today announced that it has won 5 solar photovoltaic (PV) projects totaling 150 megawatts (MW) from Karnataka Renewable Energy Development Limited (KREDL) as announced by the Government of Karnataka. SunEdison or SunEdison affiliates, including Yieldcos, are envisioned as the … Continue reading SunEdison Wins 150 Megawatts Of Solar Photovoltaic Projects In Karnataka India

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Brazil’s first solar power auction to clear 500 MW

Brazil will take its first leap into commercial solar power generation on Friday with a rights auction of at least 500 megawatts of new solar energy plants, adding a new energy source as a drought reveals the danger of depending on hydropower.   Sun-kissed Brazil has one of the highest solar radiation factors in the … Continue reading Brazil’s first solar power auction to clear 500 MW

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Chile: SunEdison closes $130 million for 69.5 MW Javiera photovoltaic solar energy plant

SunEdison, Inc. (NYSE:SUNE), a leading global solar technology manufacturer and provider of solar energy services, announced today the closing of a $130 million USD non-recourse debt financing arrangement with CorpBanca and BBVA. The debt proceeds will be used to fund construction of a 69.5 megawatt (MW) solar power plant located in Chile. The solar power … Continue reading Chile: SunEdison closes $130 million for 69.5 MW Javiera photovoltaic solar energy plant

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SunEdison and Rajasthan Government Sign MoU for 5 Gigawatts (GW) of Solar Photovoltaic

SunEdison, Inc., (NYSE: SUNE), a leading global solar technology manufacturer and provider of solar energy services, today signed a Memorandum of Understanding (MOU) with the Rajasthan Government aimed at developing Rajasthan as the global hub for solar energy. SunEdison intends to establish 5 GWs of capacity in the form of multiple Mega Solar Projects, with … Continue reading SunEdison and Rajasthan Government Sign MoU for 5 Gigawatts (GW) of Solar Photovoltaic

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DoE Announces $53 Million to Cut Cost of Solar Power

Building on President Obama’s Climate Action Plan to cut carbon pollution and continue U.S. leadership in clean energy innovation, Energy Secretary Ernest Moniz announced more than $53 million for 40 innovative research and development (R&D) projects that aim to drive down the cost of solar energy, tackling key aspects of technology development in order to … Continue reading DoE Announces $53 Million to Cut Cost of Solar Power

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Solar energy prices are dropping fast, NREL says

Distributed solar photovoltaic (PV) system prices dropped by 12 – 19 percent nationwide in 2013, according to the third edition of a jointly written report on PV pricing trends from the Energy Department’s (DOE) National Renewable Energy Laboratory (NREL) and Lawrence Berkeley National Laboratory (LBNL). In addition, 2014 prices are expected to drop another 3 … Continue reading Solar energy prices are dropping fast, NREL says

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First solar panel for the 141 Megawatt (MW)ac Luz del Norte Solar Power plant in Chile

With Michelle Bachelet, President of the Republic of Chile; Isabel Allende, President of the Chilean Senate, and Máximo Pacheco, Minister of Energy in attendance, First Solar (Nasdaq:FSLR) today ceremonially installed the first solar panel for the 141 Megawatt (MW)ac Luz del Norte Solar Power Plant. The project, located 58 kilometers north of the city of … Continue reading First solar panel for the 141 Megawatt (MW)ac Luz del Norte Solar Power plant in Chile

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Green Earth Power (Thailand) secures solar energy plant development in Myanmar

Green Earth Power (Thailand) has signed a memorandum of agreement with the Myanmar Ministry of Electric Power (MOEP) to formalise the development of a 220-megawatt solar power plant in Minbu, in that country’s Magway Region.   The signing ceremony, held on Thursday at the Grand Amara Hotel in Nay Pyi Taw, marked an important milestone … Continue reading Green Earth Power (Thailand) secures solar energy plant development in Myanmar

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Enel Green Power Begins Work on New Photovoltaic Plant in Chile

Enel Green Power has started work on the construction of Lalackama II, the company’s fourth photovoltaic plant in Chile. With a capacity of 19 MW, once fully up and running, the Lalackama II plant will be capable of generating over 50 GWh per year, equivalent to the power consumption needs of about 30,000 Chilean households, … Continue reading Enel Green Power Begins Work on New Photovoltaic Plant in Chile

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World Bank funds solar power (photovoltaic) in Jordan

The International Finance Corporation (IFC) has announced this Wednesday (15th) the approval of a US$ 207.5 million loan package for the construction of seven photovoltaic plants in Jordan. The IFC is the World Bank’s private sector arm. According to an IFC press release, the full project, which provides for the building of 12 plants, will … Continue reading World Bank funds solar power (photovoltaic) in Jordan

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Renewable energy can supply 100% of world’s power by 2050

A global low-carbon energy economy is not only feasible – it could actually double electricity supply by 2050, while also reducing air and water pollution, according to new research.   “Our analysis indicates that the large-scale implementation of wind, [solar] PV, and CSP [Concentrated Solar Power] has the potential to reduce pollution-related environmental impacts of … Continue reading Renewable energy can supply 100% of world’s power by 2050

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Polysilicon Capacity Growth to Accelerate, Enabling 85 GW of Solar Photovoltaic Production in 2016

A total of 130 thousand metric tons (kilometric tons or KMT) of polysilicon manufacturing capacity, equivalent to roughly 25 gigawatts of crystalline silicon (c-Si) solar PV panels, is estimated to come on-line in 2015 and 2016, according to GTM Research’s newest report, Polysilicon 2015-2018: Supply, Demand, Cost and Pricing. By 2016, cumulative global polysilicon supply … Continue reading Polysilicon Capacity Growth to Accelerate, Enabling 85 GW of Solar Photovoltaic Production in 2016

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ZTE Signs an Agreement with Enel to Focus on Sustainability

ZTE Corporation (“ZTE”) (H share stock code 0763.HK/A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment, network solutions and mobile devices, has signed an agreement with Enel, Italy’s largest power company and Europe’s second listed utility by installed capacity, for the development and deployment of innovative power generation technologies with a focus … Continue reading ZTE Signs an Agreement with Enel to Focus on Sustainability

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