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.
U.S President Barack Obama has put solar and other renewables in the spotlight as part of a plan to reduce the nation's carbon emissions.
A group of fourth graders in Durham, North Carolina, are showing America the way to a clean energy future.
After learning all about solar and other energy sources, Aaron Sebens -- a teacher at Central Park School for Children -- and his fourth grade class came up with a bold idea: make their classroom solar-powered.
The American solar photovoltaic (PV) industry has grown tremendously in recent years. In 2012, more than 3,300 MW of solar power were installed throughout the United States, with a record 1,300 MW installed in the last three months of the year alone. Falling costs for hardware and installation have accelerated this trend, but it has mainly been driven by public policies that generously reward those who install solar systems.
The solar industry applauded a decision by the Colorado Public Utilities Commission that allows Xcel Energy Inc. (NYSE: XEL) to acquire as much as 33.6 megawatts as part of the company's Solar Rewards program.
The Department of Defense has been aggressively pursuing alternative energy both as the key to future national security and as a means of reducing troop casualties in the field, and a new Army solar project provides a perfect illustration of the two entwined goals.