US renewable energy capacity doubles, natural gas rises to meet nearly 1/3 of electricity demand, efficiency drives a 6% improvement in energy use, and CO2 emissions drop 13% in just the past five years, new report finds. New York and Washington. The US is consuming energy considerably more efficiently and with lower emissions than just [...]
SAN FRANCISCO. July 2nd, 2o12/SolarThermalMagazine.com. Pacific Gas and Electric Company (PG&E) today will file with the California Public Utilities Commission (CPUC) a proposed two-year energy efficiency portfolio that, if approved, would enhance the company’s industry-leading programs. The proposal would allow PG&E to invest $433 million per year – about the same as current levels – [...]
Solar energy in Ontario. Recurrent Energy last week announced that it intends to sell a portfolio of Ontario, Canada solar photovoltaic (PV) projects to Mitsubishi Corporation and Osaka Gas. The transaction will represent approximately 100 megawatts (MW) of solar power that will be made available to the Ontario Power Authority (OPA). The acquisition is scheduled [...]
Total net revenues were RMB 3,148.5 million (US$500.0 million).
PV module shipment increased by 44.4% from the fourth quarter of 2011.
Gross profit was RMB 245.2 million (US$38.9 million), representing a gross margin of 7.8%, which reflected a non-cash inventory provision of RMB 21.2 million (US$3.4 million) and a provision for preliminary U.S. countervailing and anti-dumping duties of RMB 86.3 million (US$13.7 million). Gross margin of PV modules excluding these provisions would be 11.5%.
Financing of US solar projects is in the midst of a transformation, with new business models, new investors, and new financing vehicles gaining sway, according to new research by specialist research firm Bloomberg New Energy Finance commissioned by Reznick Group.
The BYD 250 KW inverter is the first Chinese inverter with UL certification and the third in the world of its size to be certified by UL. UL awarded BYD’s photovoltaic inverter with “UL witness laboratory and WTDP” qualifications and awarded certificates for BYD’s 3.3 KW On-board EV charger and 5 KW home inverter – all these products are the first to be certified by UL in the Asia-Pacific region.
Ascent Solar Technologies, Inc.(NASDAQ:ASTI), a developer of flexible CIGS solar panels, announced today that TFG Radiant Investment Group Ltd. (“TFG Radiant”) has completed the acquisition of the Ascent Solar common stock owned by Norsk Hydro Produksjon AS (“Norsk Hydroâ€), previously announced on January 4, 2012. With the purchase, TFG Radiant’s ownership interest increases from 19.4% [...]
Greenpeace Airship Flies Over Cincinnati: “Dump Duke Energy, Cleaner is Cheaper” Cincinnati – This Greenpeace flew an airship with banners reading “Dump Duke Energy†and “Cleaner is Cheaper” over Cincinnati to highlight the opportunity to switch to a cheaper, renewable energy provider. The Cincinnati City Council is currently considering what criteria to use when choosing [...]
According to analysis by Bloomberg New Energy Finance, the value of the world carbon market increased to €92bn in 2011, a rise of 10% on €84bn in 2010. The main cause of this increase is additional market activity, with the volume of carbon changing hands increasing by 22% from 2010 to 2011. In 2011, some [...]
Global investment in clean energy reached a new record of $260bn in 2011, up 5% on 2010 and almost five times the total of $53.6bn in 2004. Investment in solar far outstripped that in wind, and perhaps of most note, US clean energy investment moved back ahead of China for the first time since 2008, [...]
Indices for Americas, Europe/Middle East/Africa and Asia/Oceania, and then for sub-sectors such as solar and wind, will offer fresh insight for investors and ETF providers NYSE Euronext in partnership with research company Bloomberg New Energy Finance have announced that they will launch three regionally-focused clean energy stock indices, enabling the quoted companies most active in [...]
With electricity demand weak and stimulus funds dwindling, the US renewable energy sector must attract new investors and make use of unique tax-based financing structures in the next 18 months or risk a sharp drop in new project builds, according to new research by specialist research firm Bloomberg New Energy Finance commissioned by Reznick Group. [...]
London and New York, 16 November 2011 – The annual value of renewable energy capacity installed will double in real terms to $395bn in 2020, rising to $460bn in 2030, compared with $195bn in 2010 – according to analysis company Bloomberg New Energy Finance. As a result, in 20 years’ time 15.7% of total energy [...]
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