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.
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Instead of using energy generated by coal-fired power plants, the solar farm will avoid about 2.1 million pounds of carbon pollution each year.
"Literally everybody benefits and I think in the long run even the utilities benefit because this just takes a bit out of their revenue stream,” said Barry Shear, President of Eagle Point Solar.
Solar energy start-ups that have taken root in the Washington region in recent years are maturing into bona fide businesses, buoyed in part by economic forces and government policies that have made renewable energy more attractive to consumers.
Standard Solar was founded in Maryland 10 years ago, and its first residential customer was the head of the Solar Energy Industries Association. It has since installed systems on nearly 1,200 more homes of individuals without existing ties to the industry.
JinkoSolar Power Co. Ltd. has signed project investment agreements with the government of Hengfeng County in the province of Jiangxi, China, to develop 100 MW of photovoltaic power projects.
Jinko Power will own the projects and will manage the project investment and engineering, procurement and construction activities. It will also provide operations and maintenance services upon completion.
Well, let’s start with the facts. The Ivanpah project owners are now implementing its Avian and Bat Monitoring and Management Plan approved by state and federal agencies and required by permit.
In the past decade since we first launched our business, our economy has endured unprecedented challenges, and at long last, we seem to be recovering from the greatest recession of our time. If consumer confidence were the greatest indicator of fiscal heath, the general sentiment from our customers would serve as “proof positive” that we are moving forward.
Last Friday, July 12 the Long Island Power Authority (LIPA) said it wants more solar—a lot more solar for the small island. The island’s electric utility announced its CLEAN Solar Initiative-II (CSI-11), a program that will provide a feed-in tariff for 100 megawatts of solar projects between 100 kilowatts and 2 megawatts. And that’s just for now. The utility also is planning to issue requests for proposal for another 300 megawatts of renewable energy.
The advance of solar power as an economically viable source of energy is a global issue.
But if there is a ground zero for solar’s evolution toward becoming a real alternative to carbon-based energy sources, it is Arizona. This state, by definition, should lead the way.
At first glance, it might seem obvious where the United States should focus on building more renewable energy. Stick the solar panels in sunny Arizona and hoist up the wind turbines on the gusty Great Plains, right?
China has raised its 2015 target for solar-electricity capacity, giving a shot in the arm to its solar companies, many of which are struggling due to industry overcapacity, slow global demand and overseas trade disputes.