SunPower Corp., the second-largest U.S. panel manufacturer, arranged more than $53 million in financing for residential-solar installations.
GustoMSC is targeting the burgeoning U.S. offshore wind energy market with an innovative jack-up design that it claims will help to reduce risk and increase efficiency when installing units offshore: the SEA-3250-LT installation jack-up.
Enel SpA is seeking acquisitions in the energy storage business, as developments in battery technology are set to play a key role for the wider adoption of renewable sources.
Big solar farms helped create a power-grid predicament in California. And now they’re offering to help solve it. Solar panels have proliferated in the Golden State, flooding the grid with power supplies in the middle of the day when the sun’s out — and then quickly vanishing after sunset.
In 2012, NSP and Del Solar merged, claiming that at 1.5-GWp the new company would be the largest cell manufacturer in the world. In 2015, Motech Solar merged with Top Cell announcing that at 3-GWp the new entity would be the largest cell manufacturer in the world.
Working closely with industry partners, University of Delaware researchers have developed a new method for constructing offshore wind farms and proven that it is cheaper, faster and could make possible offshore wind deployment at a scale and pace able to keep up with the region’s scheduled retirements of nuclear and coal-fired power plants.
The researchers calculated that their innovative process will cost up to $1.6 billion less per project than conventional approaches and take half the construction time.
Egypt’s fledgling solar industry attracted $1.8 billion of investment, largely from the European Bank of Reconstruction and Development and the World Bank’s International Finance Corp.
The EBRD is backing 16 photovoltaic projects, and the IFC is financing 13 in the sunny North African nation with a combined capacity of 1.4 gigawatts. They are writing loans for $380 million and $203 million, respectively, and have mobilized the rest from co-investors.
A novel $160 million renewable energy project combining wind, solar and storage technologies reached financial close.
Britain’s divorce from the EU is less than 18 months away yet the arguments become more fractious and uncertainties over trading relationships seem no nearer to resolution. Among the big unknowns is what fate lies in store for the UK’s energy market and its relationship with Europe.
Each home in the new community will have solar PV and a sonnenBatterie installed, enabling every household to produce and consume most of its own electricity, according to sonnen.
Today the First Minister of Scotland, Nicola Sturgeon, officially opened Hywind Scotland, which the company is touting as the first floating wind farm in the world. The long awaited Statoil Hywind floating offshore wind farm is a 30-MW project located at Bucham Deep, which is 25 km from Peterhead in Aberdeenshire. The project is operated by Statoil in partnership with Masdar and uses Siemens 6-MW turbines. Through this pilot project Statoil hopes to drop the cost of offshore wind energy to a range of €40-60 €/MWh by 2030.
Nigeria has asked the World Bank Group and the International Monetary Fund (IMF) to scale up the provision of and access to renewable energy in order to deliver development results and meet global climate goals. Nigeria's position on renewable energy and regional integration was presented by the Minister of Finance, Mrs.
Solar leasing promoters have long claimed that electricity costs will keep rising, but we haven’t see this happening – yet. Actually, almost all of the standard generation sources are benefiting from lower costs – natural gas is low, coal is low, and nuclear is… well it’s not dramatically more expensive than it has been. There is no doubt in my mind, however, that prices are going to go up.
Large companies are predominant in most industries. But when it comes to rooftop solar installations, small is beautiful. Although there have been several large national-scale solar installers, in the aggregate the smaller, local companies dominate.
Heavy rains along its western border are giving Brazil's Itaipu plant a boost in its power production just when the South American country needs it most.
Companies using OSIsoft’s PI system gathered this week in London at the OSIsoft EMEA Users Conference to talk about the realities of what Martin Otterson calls the velocity, variety and volume of data in the modern business world.
Solar inverters are becoming more intelligent this year. California’s Rule 21, which is now partially in effect, governs the safety of PV arrays and their interconnection communications with the local investor-owned utility.
The rule has three basic phases, of which the first came into effect Sept. 8 under a draft resolution of the California Public Utilities Commission (CPUC). The effective date for the other two phases has not yet been set, however a CPUC vote on the draft resolution is set for October 12, and a California Smart Inverter Working Group (SWIG) workshop on Phases 2 and 3 is scheduled for Nov. 17.
Environmental Protection Agency Administrator Scott Pruitt On Oct. 8 in Kentucky announced the Trump Administration’s plan to repeal the Clean Power Plan, and stated that the solar, wind and other renewable energy tax credits should be eliminated so the industry can compete on its own against coal and other energy sources.
The Swiss Team took first place in engineering with a perfect score of 100 possible points. For the Engineering Contest, each competing house was evaluated by a group of prominent engineers who determined which house best exemplifies excellence in innovation, system functionality, energy efficiency, system reliability, and documentation through their project manual and construction drawings.
Bob Dixon, presenting the award said, “The jury believes the first-place house in the Engineering Contest offers comprehensive performance modeling that sports clear graphs, detailed explanations and a variety of representations. The quality of the thermal envelope is exceptional and carefully calibrated to the target climate with very good resistance to heat flow, a solid focus on airtightness, and high-quality components such as triple-glazed windows and sliding doors.”
"Bioenergy" is use of any organic material, such as forest thinnings, residues, agricultural waste or urban wood waste, to generate heating, cooling and/or electricity. Many independent power producers across the United States and Canada produce electricity for the grid using bioenergy. Hospitals, college campuses, school districts and government buildings also use bioenergy for heat and electricity.