Canadian Solar Inc. (CSIQ), the third-best performing solar panel maker in the past year, and the investment arm of China’s Sichuan province will create a 5 billion yuan ($810 million) fund to build solar projects. Sichuan Development Holding Co., Canadian Solar and third party investors will raise the funding, Guelph, Ontario-based Canadian Solar said today in a statement.
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Construction has begun on a $1 billion solar power generating station in the Mojave Desert that officials say will produce enough electricity to power about 80,000 California homes when it is completed in 2016. Executives with Arizona-based First Solar and Florida-based NextEra Energy Resources put the cost of the 250-megawatt project, dubbed Silver State South, at $1 billion during a Wednesday ceremony with federal Bureau of Land Management chief Neil Kornze.
The United States’ solar market hit a major milestone in the second quarter of this year, with more than half a million homes and businesses now generating solar energy. According to GTM Research and the Solar Energy Industries Association’s (SEIA) Q2 2014 U.S. Solar Market Insight Report, the U.S. installed 1,133 megawatts (MW) of solar photovoltaics (PV) in the second quarter of this year.
On October 20 and 21, Solar Power International, the solar industry’s most powerful, comprehensive educational conference and product exhibition, will offer its first-ever dedicated symposium on the solar heating and cooling (SHC) sector.
REG-Scatec Solar and Norfund Sign Partnership Agreement to Develop and Invest in Solar Power Projects in Developing Countries
Scatec Solar, the integrated independent solar power producer, has signed a partnership agreement with Norfund, the Norwegian Investment Fund for Developing Countries, to jointly invest in solar power projects to be developed in all countries within Norfund's mandate.
TRENTON, NJ— The New Jersey solar market hit a new milestone this week when it eclipsed the 1 gigawatt (GW) mark for total installed solar electric capacity. This is enough solar electricity to power 139,000 homes.
U.S. Solar Market Grows 76% in 2012; Now an Increasingly-Competitive Energy Source for Millions of Americans Today
Added Record 3.3 Gigawatts of Capacity, Enough New Capacity to Power More Than 500,000 Homes
Congratulations to Gina McCarthy and Ernest Moniz on their respective nominations to lead the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy (DOE).
Statement from Rhone Resch, President and CEO of the Solar Energy Industries Association, about Federal Budget Sequestration:
The Patrick Administration today announced a process to further accelerate solar energy deployment in Massachusetts. This news comes as Massachusetts is within a year to 18 months of reaching the 400 megawatts (MW) target of the existing solar carve-out.
Establishing a more aggressive solar carve-out program would bring Massachusetts up to the level of other states in the northeast that are supporting local solar industries. New Jersey has a 4 gigawatt (GW) goal for solar energy deployment, while Maryland has a 1.3 GW goal.
We typically see photovoltaic panels up on roofs, as they're broad, open surfaces that receive a lot of sunlight. You know what else spends a lot of time in the scorching sun, though? Sidewalks. With that in mind, a team at Washington DC's The George Washington University has created what is claimed to be "the first walkable solar-paneled pathway in the world."
Some of the most vulnerable places in the world to live in the face of climate change are islands. Rising sea levels, contaminated ground water, and increasing severity of storms are just some of the many threats to island communities. Many island residents also pay extremely high energy prices, due to limited domestic resources and the need to import fuel long distances. Switching to renewable energy can not only decrease fuel expenditures for many island populations, but can also show the world what can be done in the face of climate change.
Residential solar power has become increasingly affordable over the past few years as an environmentally friendly, cost-saving alternative to traditionally sources of energy. But the barriers to entry can still be too high for low-income communities, which is where solar non-profits like GRID Alternatives come in.
Greetings from the Hidden Valley Raceway in Darwin, Australia! It’s been a while since we last posted from Port Augusta – and a lot has happened. Since departing from the Southern coast, we ran an approximately 1250km mock race, camped in the Outback while driving through the Northern Territory, settled down in Darwin at the Racetrack, drove a few laps, and (mostly) completed the scrutineering process for the 2013 Bridgestone World Solar Challenge.
Within the next year, British shoppers will be able to waltz into an Ikea Corp. store, home to Malm beds and Dinera plates, and buy solar panels.