The Board of Directors of the North American Development Bank (NADB) and the Border Environment Cooperation Commission (BECC) approved certification and financing for a 6.1-megawatt (MW) solar energy plant to provide electricity to Tucson Electric Power Company (TEP) in Tucson, Arizona. A US$13.15 million loan for the construction of the new plant has been approved [...]
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, [...]
Jan 13 2012 | Posted in
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Falling module and balance of system (BOS) prices have significantly improved photovoltaic (PV) project internal rates of return (IRR) and led to an explosion in project development activities in China. According to the recently released Solarbuzz China Deal Tracker report, the non-residential PV project pipeline in China grew to 16 GW at the end of October. Solarbuzz [...]
China Wind Systems, Inc. has received a conditional purchase contract for about $1 million to supply precision manufactured sub-assemblies or solar cell manufacturing equipment. The purchase contract is conditional upon the successful inspection and acceptance by the customer of sample units by the end of December 2010. Upon successful inspection and acceptance of the initial [...]
Nov 9 2010 | Posted in |
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SkyFuel announced today that their ReflecTech® Mirror Film, used in the SkyTrough® parabolic trough concentrating solar collector, has surpassed the 20 year weathering mark, demonstrating long term durability against ultraviolet (UV) radiation. The testing, which was conducted in the National Renewable Energy Lab’s (NREL) Ultra-Accelerated Weathering Station (UAWS), is ongoing and is expected to reach [...]
The Awards, in their second year, recognize and promote industry excellence. From today, concentrated Solar Thermal power suppliers, developers and EPCs are able to nominate themselves to win one of the CSP Today International Awards. In order to respond to the developments over the past months in the industry, CSP Today has launched a different [...]
With the New Solar Mission ambitious goals that the Indian Ministry of New and Renewable Energy brought out on the 25th of July stipulating hard budgeting restrictions per MW as well as a firm schedule for starting construction of plants. With capital costs coming just over $3 million per MW, the New Solar Mission might [...]
AwardsWashington, D.C., U.S. Energy Secretary Steven Chu and U.S. Senator Dick Durbin announced the awarding of $1 billion in Recovery Act funding to the FutureGen Alliance, Ameren Energy Resources, Babcock & Wilcox, and Air Liquide Process & Costruction, Inc. to build FutureGen 2.0, a clean coal repowering program and carbon dioxide (CO2) storage network. The [...]
Ultra Green British clean tech company Ultra Green unveils its new technology that can potentially clean up the majority of the estimated four million barrels of oil spilled in the Gulf of Mexico by the end of September. After successfully passing all rigorous safety checks to ensure the rig is seaworthy, the first Ultra Green [...]
With 432MW of CSP capacity in construction or operation in the US and global companies such as Siemens, Areva and Bechtel making their plays to win the big share of this market, the outlook for the CSP industry is bright, but developers, EPCs and technology providers are fast realizing that without crucial consideration of Balance [...]
Following a popular vote among peers and conference attendees at the Fourth Concentrated Solar Power Summit for the first US CSP Today Industry Awards, the Stirling Energy Systems (SES) SunCatcher technology was honored with the Best Commercialized Technological Innovation Award. SES received the award for its SunCatcher technology advancements that led to its commercialization in [...]
US is a growth market for solar-thermal power plants with excellent conditions – by 2020 every third kilowatt-hour in California to be generated from renewable energy sources Starting on 15 July 2010, Solar Millennium AG (ISIN DE0007218406) is issuing a corporate bond with a volume of € 50 million. By subscribing to this bond with [...]
One of the prime stumbling blocks in developing solar and wind energy has been dealing with siting and permitting issues on federal lands. The Obama Administration targeted significant monies in the 2009 stimulus bill (ARRA) for wind and solar projects that begin construction by the end of 2010 and Secretary Salazar put in place directives [...]
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