SunPower Corp. today announced that its board of directors has authorized and will recommend that shareholders approve a proposal to reclassify all outstanding shares of the company’s Class A common stock and Class B common stock into a single class of common stock on a one-for-one basis. The new common stock will have the same [...]
The Spanish association for the solar energy industry, Protermosolar, has announced that 4293 Km2 of CSP plants (equivalent to 1% of Spain´s territory) could supply the country with all the power it needs. The CSP Markets Report 2011-2012 details the current plan in Spain, to install 5,000 MW of CSP… but the industry is hoping [...]
Blue Earth and Xnergy Successfully Complete Merger Blue Earth, Inc has successfully closed its previously announced Letter of Agreement (LOA) to acquire Xnergy, Inc., a California based energy services company for $15,012,000, payable in 4,500,000 restricted shares of Blue Earth, Inc. common stock valued at $3.00 per share and $1,512,000 cash payable monthly, over thirty months. [...]
Carbon Trust Advisory analysis has found that businesses which invest in renewable energy could make average returns of 11-12%, with the potential for returns in excess of 20%. According to the findings, new financial incentives, energy market trends and building regulations are combining to create a compelling case for UK businesses to generate their own [...]
photo utahcleanenergy.org Cost Effective PV Operations and Maintenance Strategies Despite a struggling economy, the US solar photovoltaic market will double in 2011, and is forecast to become the third largest solar PV market, according to a recent report. With an industry growing at such a rate it becomes a concern to protect the PV investments [...]
TEMPE, Arizizona. First Solar, Inc. (NASDAQ: FSLR) today announced that five of its senior executives purchased a total of 5,500 shares of company stock this week to add to their current holdings. The purchases were made during one of four annual open trading windows for First Solar’s Directors and Section 16 officers and have been [...]
Falken Industries Ltd, today launched its EcoPledge Energy Innovation Initiative. The $1.8-million program internally financed in large part from expected grants and partnerships with its global distribution network, will invest in pointed research, development and demonstration projects for clean energy technologies that will create high-quality products or enhancements for FLKI’s global markets. The company is [...]
Renewable Energy stocks have been on the downturn of late as a sudden decline in oil prices, project delays and budget cuts have halted growth estimates. With North American and European alternative energy projects slowing, Chinese exposure has become critical to the long term growth potential of several renewable energy companies. The Bedford Report examines [...]
Solar Millennium AG adopts strategic realignment – corporate strategy adjusted to secure growth and earnings prospects Corporate strategy adjusted to changed market requirements particularly in the U.S. to secure sales and earnings Postponement of financial close for Blythe solar power plant project on photovoltaics basis into the next 2011/2012 fiscal year Total operating performance of [...]
US venture capital (VC) investment in cleantech companies decreased by 44% to $1.1 billion in Q2 2011 compared to Q2 2010, while deals fell 12% to 68, according to an Ernst & Young LLP analysis based on data from Dow Jones VentureSource. The decline in cleantech investment in Q2 2011 comes in comparison to the [...]
Adam Capital Clean Energy Asset Finance LLC, is pleased to announce the approval of a $3 million line of credit from New Resource Bank (OTCBB: NWBN). The funding will allow the solar energy finance firm to extend additional capital to small-scale solar developers throughout the United States, including home owners, small businesses, nonprofits, schools and [...]
Ameresco, Inc. a leading energy efficiency and renewable energy company, announced today that it has acquired Applied Energy Group (“AEG”), a privately held company providing energy efficiency and demand side management consulting services. AEG, headquartered in Islandia, NY, currently serves utilities and government agencies in the Northeast, Mid-Atlantic, Midwest and other regions. In addition to [...]
Projects to generate 1,300 Jobs, 550 MW of clean power; Supplement to Solar PEIS will offer greater clarity for solar development in the West WASHINGTON – Advancing the Obama Administration’s commitment to rapid and responsible development of large-scale renewable energy, Secretary of the Interior Ken Salazar today announced the approval of four new projects on [...]
SkyFuel First in Concentrated Solar Thermal Power Industry to Offer Insurance-Backed Warranty
Solar Thermal Developer Solar Millennium Sells Additional Investments
Abengoa and JGC’s Thermal Solar Power Plant, Solacor 1, Comes Online
First Solar Thermal Power Plant in Southeast Asia is Fully Operational
Torresol Energy Launches Commercial Operations of Twin Solar Thermal Plants in Spain
Solar Alliance and SEIA Merge to Establish U.S. Solar policies at the State Level
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