Tag Archives: Solar Power

China’s photovoltaic solar cell producers face tough situation

Chinese solar cell producers may face an even tougher situation, as India, following suit with the United States and Europe, launched an anti-dumping probe into Chinese solar energy products. On Nov. 23, India launched an anti-dumping investigation on solar cells and other products from various regions, including China, according to a statement posted on the … Continue reading China’s photovoltaic solar cell producers face tough situation

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More than 400 Chinese photovoltaic companies produce energy-gulping solar panels

Seemingly unnoticed by the rest of the world are the extraordinary strides China has made to create and use various forms of alternative energy, particularly clean sources like hydropower, solar energy and wind power. Constantly we read of pollution caused by China’s use of coal for power, but the fact is that a considerable portion … Continue reading More than 400 Chinese photovoltaic companies produce energy-gulping solar panels

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Solar energy and wind power the cheapest sources of energy

Solar power and wind energy could become the cheapest sources of energy and almost exclusively power the country in coming decades as carbon prices climb, the Climate Commission says. A report, to be released today by chief commissioner Professor Tim Flannery, notes the vast potential from sunlight and wind and “solar PV and wind could … Continue reading Solar energy and wind power the cheapest sources of energy

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First large scale solar power plant inaugurated in Costa Rica

Costa Rican authorities inaugurated the country’s first large-scale solar energy plant, built with a $10 million Japanese donation. President Laura Chinchilla and the head of the Costa Rican Institute of Electricity, or ICE, Teofilo de la Torre, inaugurated the Miravalles solar park in Bagaces, a small town in the northwestern province of Guanacaste. “Today we … Continue reading First large scale solar power plant inaugurated in Costa Rica

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China has promulgated a series of regulations to support the development of renewable energy

As the biggest producer and consumer of energy in the world, China faces many challenges. The pressure to ensure the supply of energy is increasing and so is the pressure to deal with the associated environment issues. In response, the Chinese government has been calling for a transformation in the way energy is developed and … Continue reading China has promulgated a series of regulations to support the development of renewable energy

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Korean Firm to Invest U.S.$30 Billion in Solar Power Plants in Nigeria

A Korean firm, HQMC Korea Company Ltd, has indicated interest to invest $30 billion (about N4.62 trillion) to build 10, 000 megawatts solar power plant in Nigeria. Speaking yesterday in Abuja during a meeting with the management of the Nigerian Investment Promotion Commission (NIPC), the Chief Executive Officer of the Company, Mr. Kin Moon said … Continue reading Korean Firm to Invest U.S.$30 Billion in Solar Power Plants in Nigeria

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China using more wind energy and solar power

Last year, the National Energy Administration set a goal to cap the country’s total energy consumption at four billion tonnes of coal equivalent by 2015, outlining the use of hydropower, wind power, solar power and biomass energy. Clean energy, including natural gas and hydroelectricity, accounts for a bigger proportion of China’s growing energy consumption, according … Continue reading China using more wind energy and solar power

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Solar Energy Among the Fastest Growing Job Markets in America

The solar power industry continues to be an engine of job growth — creating jobs six times faster than the overall job market. The latest U.S. figures from The Solar Foundation show a 13 percent increase in high-skilled solar job. This increase in solar jobs — spanning installations, sales, marketing, manufacturing and software development — … Continue reading Solar Energy Among the Fastest Growing Job Markets in America

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Isofoton to Develop 50 MW Solar Power Plant in Ecuador

Isofoton, a leader in solar technology, and the National Electricity Council of Ecuador (CONELEC) have signed an agreement that enables the construction of a 50MW photovoltaic plant in Ecuador, the first and only one to date to obtain planning permission in the current system of premiums on the feed-in tariff in the country. The plant … Continue reading Isofoton to Develop 50 MW Solar Power Plant in Ecuador

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Gamesa mulls solar energy entry in India

Wind energy manufacturer Gamesa is evaluating the prospects of foraying into the solar power industry in India, a move intended to create a new stream of revenue and strike synergies between two renewable energy sources. Gamesa, whose role in solar power now is limited to marketing inverters and mobile phone chargers, according to Gamesa India … Continue reading Gamesa mulls solar energy entry in India

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EU financing for solar power plant in Burkina Faso

Commissioner Piebalgs announces EU support for building the largest solar power plant in West Africa, ahead of energy ministerial meeting in Addis Ababa Today, EU Development Commissioner Piebalgs announced that the EU will support the construction of what will be the largest African photovoltaic power plant, in Burkina Faso. It will provide 32 gigawatt hours … Continue reading EU financing for solar power plant in Burkina Faso

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Consortium of SolarReserve, Kensani and Intikon completes $586 million financing for two South African solar power projects

The consortium consisting of SolarReserve a U.S. developer of utility-scale solar power projects; the Kensani Group, an experienced empowerment investment and financial advisory player in South Africa; and Intikon Energy, a South African developer of renewable energy projects, has successfully closed financing for two 75-megawatt (MW DC ) solar photovoltaic (PV) projects. The Letsatsi Project … Continue reading Consortium of SolarReserve, Kensani and Intikon completes $586 million financing for two South African solar power projects

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Conergy Wins Contract for Two Solar Power Plants in Thailand

Conergy’s success in Thailand continues and in the process underscores its outstanding market position in Southeast Asia’s growth markets. The solution and service provider has secured a major contract for two solar power plants in Thailand through a tendering procedure, representing a total capacity of 21 megawatts. The awarding authority is Thai Solar Energy Company … Continue reading Conergy Wins Contract for Two Solar Power Plants in Thailand

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Conduit Capital and CAF Invest in 40 Megawatt Peruvian Solar Power Project

Conduit Capital Partners LLC, a private equity investment firm focused on energy infrastructure investment and development in Latin America and the Caribbean, and CAF, development bank of Latin America, today announced that they have invested in the Tacna and Panamericana solar projects in southern Peru, and that the Tacna project has entered into operation. Construction … Continue reading Conduit Capital and CAF Invest in 40 Megawatt Peruvian Solar Power Project

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China to expand photovoltaic solar power programs

China is planning to expand pilot programs for promoting the domestic use of photovoltaic (PV) power generation by launching a batch of new pilot projects before the year’s end, an official statement said Monday. The Ministry of Finance said in a statement jointly released with three other government departments that local authorities can apply for … Continue reading China to expand photovoltaic solar power programs

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Mainstream Renewable Power to Start Constructing 238MW of Wind Energy and Solar Power Projects in South Africa

Mainstream Renewable Power has signed the key Financing, Power-Purchase and Implementation Agreements with the South African Government for its wind and two solar projects in South Africa which have a combined investment value in excess of 500 million Euro. Mainstream will issue Notice to Proceed to its construction contractors this week on all three projects … Continue reading Mainstream Renewable Power to Start Constructing 238MW of Wind Energy and Solar Power Projects in South Africa

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Chinese interested in Desertec renewables project

Media reports have indicated a big interest of companies globally to invest in a European-African renewables project called Desertec. China has now also joined the ranks of those wanting to secure a piece of the pie. A large-scale green energy project by Europe and North Africa is attracting interest from firms around the globe, the … Continue reading Chinese interested in Desertec renewables project

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