The Board of Directors of Shunfeng International Clean Energy Ltd. (SICE) yesterday said that Atlanta-based solar cell and module manufacturer Suniva filed a voluntary Chapter 11 petition for relief under the U.S. bankruptcy code.
The price of solar power in India fell to a record low of 3.15 rupees (5 U.S. cents) a kilowatt-hour in a competitive tender where French firm Engie SA’s local arm won rights to develop 250 MW. [...]
The solar, wind and energy efficiency industries already employ millions of people in the U.S., and they’re poised to grow. According to the U.S. Department of Energy, there are 374,000 American jobs in solar energy, 102,000 in wind energy and more than 2.2 million related to energy efficiency. [...]
Nonprofit solar installer GRID Alternatives recently received a donation of about 620 kW of solar modules from JinkoSolar to help expand the organization’s efforts to bring solar power and job training to low-income communities in the U.S. [...]
Renewables were the biggest new source of electricity last year as the cost of building new wind and solar farms fell. Clean energy provided 55 percent of all new capacity added worldwide, the most ever, and total investment was about double the amount for generators driven by fossil fuels, according to a report published Thursday by UN Environment, the Frankfurt School-UNEP Collaborating Centre and Bloomberg New Energy Finance.
One of the big questions for humanity’s future is: how will we supply enough clean and plentiful energy to sustain a growing global population? At face value, the big question has a simple answer: solar. In theory, the world’s demand could be met by just one thousandth of the sun’s energy landing on Earth. [...]
You need a sunny roof to benefit from solar panels, but yours may be sunnier than you think. Google’s Project Sunroof gives building-by-building details, and now has data for (parts of) all 50 states. [...]
For over a century, the landscape north of Kimberley, British Columbia, was used for intensive industrial hard-rock mining — but now it’s home to the largest solar farm in all of British Columbia. Over the decades, the site of Teck’s (formerly Cominco’s) Sullivan Mine hosted a steel mill, fertilizer plant and tailings ponds, rendering the area tree-less for the foreseeable future. [...]
The ability to store energy promises to revolutionize the way we generate, transmit and use electricity - making renewable sources such as wind and solar cheaper and more dependable. Massachusetts is one of just three states requiring electric utilities to build battery facilities in the future. [...]
Imagine a future when solar cells can be sprayed or printed onto the windows of skyscrapers or atop sports utility vehicles -- and at prices potentially far cheaper than today’s silicon-based panels.
It’s not as far-fetched it seems. Solar researchers and company executives think there’s a good chance the economics of the $42 billion industry will soon be disrupted by something called perovskites, a range of materials that can be used to harvest light when turned into a crystalli [...]
The solar industry is one of our most obvious success stories. Our industry directly employs 261,000 people. We generate energy that is both clean and renewable. And we generate this energy at prices that are less than conventional utility power — as low as 6 cents per kwh. [...]
This week, the largest renewable energy project built in the U.S. through an alliance of diverse buyers reached commercial operation. The development of the 60-MW Summit Farms Solar project was driven by demand from the Massachusetts Institute of Technology (MIT), Boston Medical Center, and Post Office Square Redevelopment Corporation.
A team of scientists at the University of Cambridge has developed a way of using solar power to generate hydrogen from biomass, the U.K. university said last week. [...]
Within the past decade or two, the solar industry has experienced a great deal of evolution and expansion. In the U.S., one of the largest shakeups was in 2010 when PV panel prices dropped. The inverter market has also been subjected to changes, especially in terms of new topologies and increased functionalities. [...]
Sunrun has received about 1,000 orders for its recently launched BrightBox solar plus energy storage solution in California and Hawaii, Sunrun co-founder and CEO Lynn Jurich said during a March 8 4Q16 company earnings call.
Sungevity, which last week laid off more than two-thirds of its Kansas City staff, received only a fraction of the $11.8 million in potential tax breaks that were offered to attract the company here. The solar panel marketing company opened a sales office in downtown Kansas City in early 2015. [...]
Contracts to sell electricity directly to corporate users are among the key demand drivers for wind and solar power, while the influence of state mandates wanes, according to a report Friday by Moody’s Investors Service. [...]
Please Listen Up to this week’s Energy Show as Tom Kimbis, the Executive Vice President of the Solar Energy Industries Association, talks about SEIA’s Consumer Protection and Ethics Committees, as well as SEIA’s “Consumer Guide to Solar Power” and Residential Disclosure Forms. [...]
Distributed energy resources are fast becoming cost competitive with traditionally generated electricity. According to Rocky Mountain Institute, grid-connected solar-plus-battery systems will reach economic parity with grid electricity within the next 10-15 years. Despite near-term technical and financial challenges, more and more business will adopt on- and off-site generation, storage, community and wholesale projects.
Supercritical carbon dioxide power cycles have the potential to reduce the cost of concentrating solar power by substantially improving the efficiency of converting high temperature solar heat into electricity. Through three SunShot Initiative-funded projects and six years of steady progress, GE Global Research and Southwest Research Institute have taken major steps toward commercializing the technology.
Today’s topics include how utilities are crying foul about the price of PPAs - is this the beginning of a big backlash against solar? In addition, we'll discuss blockchain technology and diversity in the solar industry. Check it out! [...]
A group of energy executives actively involved in solar C&I development in the Middle East and Africa talked at a Solarplaza conference... [...]
A funny thing happened recently: We wrote an article suggesting that a lower cost of capital, driven by increased debt in project finance transactions, would help to mitigate some of the new risk the solar industry faces in 2017. We didn’t anticipate that this would be a particularly controversial viewpoint. After all, paying a lower cost of capital is like paying off old credit card debt. Who could disagree with that? [...]
First Solar Inc. slumped the most in three months after reporting its biggest-ever loss and cutting its earnings forecast. [...]