SolarReserve’s U.S. developed technology represents leading solar thermal technology worldwide; integrated energy storage provides reliable and zero-emissions electricity, day or night. SolarReserve, a U.S. developer of large-scale solar power projects, today announced completion of the assembly of the molten salt receiver panels that sits on top of the 540 foot solar power tower for its … Continue reading Completion of Molten Salt Solar Receiver sets Milestone in Nevada Concentrated Solar Power Project Construction
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First Solar acquires 150 MWac Solar Gen 2 photovoltaic solar power project
First Solar, Inc. (Nasdaq: FSLR) has acquired the 150-megawattAC (MW) Solar Gen 2 power project from an affiliate of The Goldman Sachs Group, Inc. (NYSE: GS), Energy Power Partners and a third equity partner for the project. Construction of the facility, which is located in Imperial County, Calif., near El Centro, is expected to start … Continue reading First Solar acquires 150 MWac Solar Gen 2 photovoltaic solar power project
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Thailand, Indonesia, and Malaysia are the hot new emerging solar energy markets
Solar photovoltaic (PV) demand from the Emerging Asia Pacific and Central Asia (EAPCA) region is forecast to exceed 3 gigawatts (GW) by 2017, based on findings in the new NPD Solarbuzz Emerging PV Markets: Asia Pacific and Central Asia Report. Compared to 723
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Marubeni targeting geothermal energy in Japan
The current stigma against nuclear energy is understandable, and looking towards heat as a source of energy might be a sound move. Japan is part of the infamous Pacific “Ring of Fire,” a geologically active area with volcanoes and tectonic shift zones that push heat closer to the Earth’s surface. Logically, a technologically advanced nation … Continue reading Marubeni targeting geothermal energy in Japan
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Balochistan inks deal for installing a 300 MW solar power plant near Quetta
A Memorandum of Understanding has been signed between the Balochistan government and CK Solar Korea for installing a 300 MW solar power plant near Quetta, Provincial Secretary Energy Fuad Hashim Rabbani said on Saturday. The project will cost around $900 million and will be completed by 2016, he said, while addressing the media. Rabbani said … Continue reading Balochistan inks deal for installing a 300 MW solar power plant near Quetta
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Researchers develop energy storage system
Canadian researchers have developed a ground-breaking method which may ultimately enable excess energy created by wind turbines and solar panels to be stored for later use. Two researchers at the University of Calgary report in the journal Science that they have invented a relatively inexpensive way of using rust to act as a catalyst for … Continue reading Researchers develop energy storage system
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The World
Last week Abu Dhabi, the home to the Emir and most of the UAE’s oil wealth, celebrated the opening of the largest concentrated solar power plant on Earth. Shams 1, as the plant is called, is a development of 258,048 parabolic trough mirrors that produce enough energy to power 20,000 homes. The one-square-mile plant sits … Continue reading The World
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McCoy Solar Energy Project: Up to 750 MW
Located about 13 miles northwest of the City of Blythe, the McCoy Solar Project will utilize photovoltaic technology to produce clean, renewable energy in southern California As part of the President
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Mahindra sees 500 MW opportunity in solar power
Mahindra group’s three-year-old foray into the solar power sector is in the midst of takeoff. The company says that it could set-up as much as 500 megawatts of solar power in the next 24-36 months. This opportunity however is not restricted just to the projects it had won during the national solar mission. It has … Continue reading Mahindra sees 500 MW opportunity in solar power
Continue readingNY awards $46M for 76 solar energy projects
The state is awarding $46 million to help finance 76 large-scale solar energy projects across New York. Governor Cuomo’s NY-Sun Competitive PV Program is drawing strong participation from New York energy customers and solar developers. In a successful first round, the New York State Energy Research and Development Authority (NYSERDA) awarded $46 million for 76 … Continue reading NY awards $46M for 76 solar energy projects
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More Solar Brought Online in the U.S. Than the Previous Three Years Combined
The U.S. Solar Industry has experienced a resurgence over the past year as newly-imposed import tariffs on Chinese solar cells have helped companies compete with their Chinese competitors. According to the Solar Energy Industries Association the U.S. solar industry market increased to $11.5 billion, a year-over-year increase of 34 percent. Five Star Equities examines the … Continue reading More Solar Brought Online in the U.S. Than the Previous Three Years Combined
Continue readingIDB to Finance Three Private-sector Photovoltaic Solar Energy Projects in Chile
Pozo Almonte and Calama Photovoltaic Project in the Atacama Desert will supply the country’s mining industry The Inter-American Development Bank (IDB) approved a loan package for $41.4 million to private sector firms for the construction, operation, and maintenance of three photovoltaic solar power plants in the Atacama Desert in northern Chile. The financing consists of a … Continue reading IDB to Finance Three Private-sector Photovoltaic Solar Energy Projects in Chile
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Partnership at Palen: BrightSource Inks Deal with Abengoa
The 500 megawatt (MW) Palen solar thermal power system will use proven solar thermal tower technology to produce clean, reliable solar electricity to more than 200,000 homes. Located in Riverside County, California, the two-unit power system will be built on approx. 3,800 acres and will create more than 2,300 jobs for construction workers and support … Continue reading Partnership at Palen: BrightSource Inks Deal with Abengoa
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The future of solar energy in the Arab world
The first concentrated solar power plant in the Arab world “Shams 1” was launched in Abu Dhabi by the Emirati company Masdar. Launching the concentrating solar power plant was an occasion to look into the future of this renewable energy to produce electricity in the Arab world. It is undoubted that Middle Eastern countries enjoy … Continue reading The future of solar energy in the Arab world
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DOE Launches Clean Energy Manufacturing Initiative, Releases Solar Funding
The U.S. Department of Energy (DOE) has launched the Clean Energy Manufacturing Initiative (CEMI), a new initiative focused on growing American manufacturing of clean energy products and boosting U.S. competitiveness through improvements in manufacturing energy productivity. Today, I announced the Clean Energy Manufacturing Initiative at the ribbon cutting of a new facility that I believe … Continue reading DOE Launches Clean Energy Manufacturing Initiative, Releases Solar Funding
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eSolar is looking to raise $30 million in equity
Last year was a quiet year for solar thermal startup eSolar, which makes solar plant gear that converts the sun’s heat into electricity (unlike solar panels, which convert sunlight into electricity). But perhaps the company is about to try to kick it up a notch. According to a filing, the company is raising a $30 … Continue reading eSolar is looking to raise $30 million in equity
Continue readingSolar energy causes revolution in Dutch electricity market
The growth of solar energy has had a much greater impact on the Dutch energy infrastructure than was previously expected and taken into account. As solar panels look set to supply a much greater share of domestic electricity needs in the future, gas and coal plants are growing increasingly unprofitable, and energy utilities are having … Continue reading Solar energy causes revolution in Dutch electricity market
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DuPont materials used in over 200 million solar panels in the world
UAE remains key market for solar energy technology with pioneering projects including the world’s largest concentrated solar power plant. Innovative science, private sector investment and public-private collaboration are the foundation for harnessing new sources of energy, said DuPont Chair and CEO Ellen Kullman. In the area of solar energy, DuPont offers the broadest portfolio of … Continue reading DuPont materials used in over 200 million solar panels in the world
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The Concentrating Solar Power employed 18,000 people in 2012 in Spain, 40% less
The figure has been reduced by 40% in just one year by the effect of the moratorium on renewable energy. The Spanish concentrated solar power industry employed a total of 17,816 people in 2012, a figure that has been reduced by 40% in just one year (compared to 28,855 jobs by the end of 2011), … Continue reading The Concentrating Solar Power employed 18,000 people in 2012 in Spain, 40% less
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MAN steam turbine generates electricity in the world
The 100-megawatt solar thermal power plant, “Shams 1”, was officially launched in Abu Dhabi last week. Heart of the plant is a steam turbine which has been supplied by MAN Diesel & Turbo and will be used to drive a generator. The eco-friendly electricity this produces would be enough to serve roughly 57,000 German households. … Continue reading MAN steam turbine generates electricity in the world
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