Four year investment in solar energy will create more than 10,000 jobs. Rooftop solar generation takes a giant leap forward as a consortium of leading companies – Bank of America Merrill Lynch, Prologis and NRG Energy – announce an offer of a conditional investment commitment from the U.S. Department of Energy’s Loan Programs Office to [...]
By 2020, the Moroccan Government will invest euro 8 billion into renewable energies. In addition, the German Government supports the so called solarplan with more than euro 43 million.
OAKLAND, CA.– BrightSource Energy, Inc., a leading utility scale solar thermal power company, has raised an additional $200 million in its most recent equity financing. The Series E round of funding brings BrightSource’s total equity financing to more than $530 million and will support the company’s existing U.S. solar power plant development plans and international [...]
An excessively long return on investment (ROI) has persistently hindered the widespread adoption of solar thermal energy systems in the United States. With many systems on the market today the ROI is not realized for anywhere from six to up to ten years or more after installation, making many end users reluctant to invest in [...]
Phono Solar Technology Co., Ltd. has announced it will complete a 1MW solar power plant in Marche, Italy. As the investor, PhonoSolar also holds the majority share of the project and it is the first self-invested solar power plant. Phono Solar is also supplying high quality solar modules and providing EPC solution service of this [...]
Project will be the largest photovoltaic solar field in the world when completed; Enhances NRG’s growing Arizona business NRG Energy, Inc. and First Solar, Inc. has announced that NRG, through its wholly owned subsidiary, NRG Solar, has agreed to acquire the 290-megawatt (MW) Agua Caliente solar project from First Solar. The project is scheduled to [...]
REC Opens New Solar Manufacturing Facility In Singapore Norway-based REC has opened an integrated wafer, cell and module manufacturing facility in Tuas, Singapore. The new factory is the largest single investment ever made by REC, the company notes. REC expects initial production volumes of 740 MW for wafers, 550 MW for cells and 590 MW [...]
New Report from ABS Energy Research Reveals that Despite the Economic Downturn, Thermal Solar remains strong and ABS Predicts Strong Growth in 2011 & 2012 and a spike in GW capacity world-wide. London, UK – The newly released 4th Edition of the Solar Thermal Report from ABS Energy Research states that despite the global downturn, [...]
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