IHS Inc. (NYSE: IHS), the leading global source of critical information and insight, has identified at least 89 countries with solar photovoltaic (PV) end-markets that will show growth in solar installations in 2015, which is forecast to drive a 30 percent increase in demand. IHS forecasts that this demand growth will raise PV module gross … Continue reading Photovoltaic (PV) module gross profits will top $5 billion in 2015
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SunEdison strikes renewable energy portfolio
SunEdison, Inc. (NYSE: SUNE), the world’s largest renewable energy development company, today announced the signature of definitive agreements to acquire five portfolios of renewable energy projects and two corporate platforms, LAP Holding, BV in Latin America and two subsidiaries of Honiton Energy Holding, Ltd., in China, as well as the closing of equity investments and … Continue reading SunEdison strikes renewable energy portfolio
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Cook Islands’ solar energy project to go online
The final stages of a massive solar power project aimed at making the Cook Islands more energy independent have almost been completed, New Zealand Foreign Minister Murray McCully said on Friday. McCully is to lead a New Zealand Parliament delegation to the Cook Islands next week to meet with Cook Islands’ Prime Minister Henry … Continue reading Cook Islands’ solar energy project to go online
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Acciona’s net profit grows 28.5% to € 42 in first quarter 2015
ACCIONA’s attributable net profit rose 28.5% to €42 million in the first quarter of 2015 thanks to the growth of ACCIONA Energia. The favourable evolution of ACCIONA Windpower, which achieved an Ebidta of €15 million in the first quarter of 2015, against a loss of €4 million the year before, and a strong quarter for … Continue reading Acciona’s net profit grows 28.5% to € 42 in first quarter 2015
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Turkey aims 30 percent wind energy and solar power usage by 2023
Turkey’s Energy Market Regulatory Authority has received 14 times more pre-license applications than its allocated capacity for wind power plants. Turkey’s Energy Market Regulatory Authority has received 14 times more pre-license applications than its allocated capacity for wind power plants, Mustafa Yilmaz, head of the authority, revealed Wednesday. Addressing the opening session of the … Continue reading Turkey aims 30 percent wind energy and solar power usage by 2023
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SunEdison Awarded 86 MW DC Solar Photovoltaic Project In South Africa
SunEdison, Inc. (NYSE: SUNE), the world’s largest renewable energy development company, today announced it has been awarded an 86 megawatts (MW) DC solar photovoltaic project in South Africa during the fourth bid round of the Renewable Energy IPP Procurement Program organized by South Africa’s Department of Energy. The 86 MW award represents 20% of the … Continue reading SunEdison Awarded 86 MW DC Solar Photovoltaic Project In South Africa
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Clean-energy innovation essential to meeting climate goals
A concerted push for clean-energy innovation is the only way the world can meet its climate goals, the International Energy Agency said as it released its flagship energy technology report. The report, Energy Technology Perspectives 2015 (ETP 2015), shows that despite a few recent success stories, clean-energy progress is falling well short of the … Continue reading Clean-energy innovation essential to meeting climate goals
Continue readingThe Future of Solar Energy
Solar power capacity is growing around the world. But new studies, including one from the MIT Energy Initiative, suggest it isn’t growing quickly enough to meet the world’s expanding energy needs and stall the threat of climate change. The world’s power mix is shifting from emissions-heavy fossil fuels to cleaner sources like solar, … Continue reading The Future of Solar Energy
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Enfinity set to develop 500 MW of solar power in Philippines
ENFINITY Philippines, a unit of Belgium-based Enfinity Global, intends to develop up to 500 megawatts (MW) of solar power projects in the next three years. The investment for this ambitious goal could reach “five times as much” as the $180 million (P8 billion) it has set aside for the 100-MW solar power plants that … Continue reading Enfinity set to develop 500 MW of solar power in Philippines
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South Africa awards wind energy and hydro projects to Building Energy
Building Energy, Italian independent power producer from renewable sources, has been awarded preferred bidder status in the round four of the South African Department of Energy Renewable Independent Power Producer Procurement (REIPPP) Programme for a wind and a mini-hydro project. The company will finalize development and implement a 140 MW wind project in Roggeveld, in … Continue reading South Africa awards wind energy and hydro projects to Building Energy
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Renewable portfolio standards state of play
This is a joint blog by Sean Gallagher, Vice President of State Affairs at the Solar Energy Industries Association (SEIA), and Susan Williams Sloan, Vice President of State Policy at the American Wind Energy Association (AWEA). As many states have successfully met their renewable portfolio standards (RPS), they are considering expanding these standards or otherwise … Continue reading Renewable portfolio standards state of play
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Yingli Green Energy Reaches Over 13 GW of Solar Photovoltaic Deliveries
Yingli Green Energy Holding Company Limited (NYSE: YGE) (“Yingli Green Energy” or the “Company”), one of the world’s leading solar panel manufacturers, known as “Yingli Solar,” today announced that it reached more than 13 gigawatts (GW) of cumulative global solar panel deliveries by the end of the first quarter of 2015. The Company’s global fleet … Continue reading Yingli Green Energy Reaches Over 13 GW of Solar Photovoltaic Deliveries
Continue readingPakistan inaugurates 100 MW desert solar power plant
Pakistan on Tuesday inaugurated a 100MW Chinese-built solar power plant, part of its efforts to battle its ever-increasing energy deficit. The plant is the first stage of a project that will eventually cover over 4,000ha of the central Cholistan desert and add 1,000MW to the nation’s electric grid, making it one of the biggest solar … Continue reading Pakistan inaugurates 100 MW desert solar power plant
Continue readingMIT releases report on the future of solar energy
Solar energy holds the best potential for meeting humanity’s future long-term energy needs while cutting greenhouse gas emissions — but to realize this potential will require increased emphasis on developing lower-cost technologies and more effective deployment policy, says a comprehensive new study, titled “The Future of Solar Energy,” released today by the MIT Energy Initiative … Continue reading MIT releases report on the future of solar energy
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Enel Green Power has begun construction of the Pampa Norte photovoltaic plant in Chile
Enel Green Power (“EGP”) has begun construction of the Pampa Norte photovoltaic plant, which is located in the municipality of Taltal, in Chile’s Antofagasta region. The new plant, which will have a total installed capacity of 79 MW, will be able to generate more than 200 GWh per year once fully operational, equivalent to … Continue reading Enel Green Power has begun construction of the Pampa Norte photovoltaic plant in Chile
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Andhra Pradesh plans 9,000 MW of wind energy and solar power
The government of Andhra Pradesh has drawn up an action plan for making the state a renewable energy hub in four years. As part of the plan, it has set a target of achieving 5,000 MW solar energy and 4,000 MW wind power capacities in four years. The state government plans to add 800 … Continue reading Andhra Pradesh plans 9,000 MW of wind energy and solar power
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Tesla’s New Home Energy Storage Solution Still Needs Help to Be a Breakthrough
For Tesla’s cheap Gigafactory-produced battery cells to truly disrupt stationary energy storage, it needs more partnerships and acquisitions in power electronics, software, and with utilities. Electric vehicle leader Tesla Motors announced new offerings for stationary energy storage, including the Powerwall battery for residential energy storage. With massive capacity for lithium-ion batteries from its Gigafactory coming … Continue reading Tesla’s New Home Energy Storage Solution Still Needs Help to Be a Breakthrough
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If Tesla’s new solar power batteries are as good as its electric cars, they could be a game changer
Tesla Motors is expanding beyond its electric vehicles business into the energy industry’s another fast-growing area by making inroads into residential and business battery systems. “The issue with existing batteries is that they suck. They’re really horrible,” Tesla Motors CEO Elon Musk told a large crowd of business partners and reporters late Thursday at … Continue reading If Tesla’s new solar power batteries are as good as its electric cars, they could be a game changer
Continue readingTesla moves into batteries that store solar energy
Tesla Motors on Thursday unveiled Tesla Energy – storage systems or batteries for homes, companies and utilities that will expand its business beyond electric vehicles and tap into a fast-growing area of the energy industry. Chief Executive Elon Musk said the company’s goal was to “fundamentally change the way the world uses energy on … Continue reading Tesla moves into batteries that store solar energy
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North Carolina is in danger of going backwards on renewable energy
Late Wednesday night, the North Carolina House of Representatives amended House Bill 760 to weaken renewable energy requirements in North Carolina.The amendment freezes the renewable energy portfolio standard in 2015 which will make it almost impossible for utility-scale renewable projects to be built in North Carolina. This puts the development of wind projects in North … Continue reading North Carolina is in danger of going backwards on renewable energy
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