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.
After nearly three years, the White House began installing solar panels on the First Family’s residence this week, a White House official confirmed Thursday. The Obama administration had pledged in October 2010 to put solar panels on the White House as a sign of the president’s commitment to renewable energy.
Kenichi Hazawa, a resident of Ofunato in Japan’s Iwate Prefecture, moved into his new home this summer—a milestone in and of itself. The rebuilding job has been monumental in this coastal city, where almost one-quarter of the 15,000 homes were destroyed by the March 11, 2011, earthquake and tsunami, and nearly 8,000 people were forced into temporary housing. But there’s an important crowning touch on Hazawa’s home: rooftop solar panels.
Field patrols will soon have almost weightless solar blankets as well. These will be able to capture a once unthinkable 35pc of the sun's light as energy with thin membranes, a spin-off from technology used in satellites.
Solar projects in the desert, geothermal power in the mountains and wind energy off the East Coast were cited as examples of progress from top U.S. officials and industry leaders during a green energy conference on Tuesday in Las Vegas.
California, whose green ambitions helped the solar and wind industries take root, is taking an essential next step by proposing a sharp rise in energy storage to better integrate renewable power with the rest of the grid.
Power from sun and wind fluctuates dramatically, so capturing it for later use makes the supply more predictable.
"We can't just rely on sunlight," Governor Jerry Brown told the Intersolar conference in San Francisco last month. "We've got to bottle the sunlight."