admin

Solar power projects under the latest tranche of the National Solar Mission are beginning to take shape as project developers are finalizing loans and placing orders for equipment. ACME Solar has secured a loan of Rs 202 crore ($34 million US) from the International Finance Corporation (IFC) for the development of 100 MW of solar power capacity in India. The

Read more

Does Tesla need more cash in order to continue growing and meeting sales expectations? That’s an interesting question, but not one where there’s much consensus on the/an answer — as demonstrated by recent comments from an analyst at Goldman Sachs. Said analyst, Patrick Archambault, argues that the EV-pioneer would need at least $6 billion in extra capital over the next

Read more

The noted solar PV module manufacturer First Solar recently won supply contracts for two large projects currently under development by Duke Energy in the Tar Heel State, according to reports. Altogether the projects will total 105 MW of capacity once completed — representing quite a substantial boon/deal for the thin-film module manufacturer. Duke Energy also recently made a deal with

Read more

Who says solar power can’t be gorgeous? The people of New Caledonia are out to prove the naysayers wrong with what may be the most beautiful solar farm on the planet. The heart-shaped solar farm will supply 2 megawatts of solar power to 750 homes on the Pacific island, reducing carbon emissions while enhancing the natural beauty of the plant’s

Read more

One of the major obstacles to people buying EVs (electric vehicles) and PHEVs (plug- in hybrids) is the purchase price. The following table shows the problem: Basically they are the same car but with different powertrains. However, the Leaf has some superior luxury equipment on board compared with the Pulsar and has better acceleration, especially from a standing start. The

Read more

Meiya Power, a subsidiary of the China General Nuclear Power Group (CGN) focused on renewable energy, has raised US$227 million in its over-subscribed IPO in Hong Kong. The funds exceeded the company’s expected return of HK$1.53 billion (US$197.5 million). According to the prospectus, around 70% of the proceeds will be used to buy existing projects from CGN. The company will

Read more

Phoenix Solar AG (PS4) agreed to build a 32-megawatt photovoltaic power plant for Duke Energy Corp., which is seeking to add 300 megawatts of generating capacity. Construction on the Fayetteville, North Carolina project will begin in early 2015 on 300 acres of farmland, Sulzemoos, Germany-based Phoenix said today in a statement. It will supply power to Duke customers in the

Read more

(Reuters) – Kyushu Electric Power Co said on Thursday it would cut access to its grid for renewable energy suppliers, the third of Japan’s 10 regional monopolies to place limits on their cleaner energy intake because of network limitations. The decision by Japan’s fifth-biggest utility by sales is another blow to the government’s plans to increase renewable energy supply as

Read more

For Southern California Edison (SCE), building a smarter grid started many years ago with smart meters and upgrades in distribution equipment. Today, the company takes another leap forward with the opening of the largest battery energy storage project in North America — the Tehachapi Energy Storage Project — to modernize the grid to integrate more clean energy. The demonstration project

Read more

Egypt will soon kickstart its renewable energy auctions as it plans to achieve the target of getting 20% energy from renewable energy sources by 2020.Egypt is planning to auction 2 GW capacity each in wind and solar power capacity next month. The government is expecting an investment of about $7 million in the development of this capacity. In addition to

Read more