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China's Silk Road Fund Takes 24 Percent Stake in Concentrating Solar Power Plant
hina’s Silk Road Fund will acquire a 24.01 percent interest in the world’s largest single-site solar thermal plant, which is being built in the United Arab Emirates. The 700-megawatt project will be developed along with Dubai Electricity & Water Authority and Saudi Arabia’s ACWA Power Barka SAOG, ACWA said in a statement on Sunday. The plant will combine a central tower and parabolic trough technology to harvest energy from the sun, store it in molten salt and produce steam to generat [...]
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Wind, Solar Provide 98 Percent of New US Generating Capacity in Jan/Feb
Wind and solar accounted for more than 98 percent of all new U.S. electrical generation placed into service in the first two months of this year. [...]
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Last Word: Bifacial Plus Tracking Boosts Solar Energy Yield by 27 Percent
While U.S. solar developers may be worried about the Section 201 tariffs another trend could help offset their impact: high-efficiency modules. [...]
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Trump Approves 30 Percent Tariff on Solar Panel Imports; Trade Industry ‘Disappointed’
President Donald Trump has agreed to a recommendation by the International Trade Commission to grant U.S. solar manufacturers relief from unfair trade practices in the form of tariffs on solar cells and modules imported to the U.S. [...]
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UK Breaks Solar Record; Generates 24 Percent of Power from Solar
On Friday, May 26, on what was expected to be one of the hottest days of the year, solar panels in the UK generated a record amount of power, enough to meet almost 25 percent of demand. This is according to data compiled by National Grid Plc and Sheffield University. At noon London-time, 8.75 GW of power was being generated by the solar PV, breaking a previous record of 8.49 GW, overtaking nuclear power in the country.   [...]
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US Solar Smashes Records with 95 Percent Growth
Each year solar analysts take stock of the industry's accomplishments with the annual Solar Market Insight Report (SMI) and each time the performance numbers impress. This year, however, is jaw-dropping. TerraSmart is passionate about all things solar, and we couldn't wait to share the latest insights with this SMI preview. [...]
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Renewable Energy in US Gained 24 Percent Through First Nine Months of 2016
The U.S. Energy Information Agency (EIA) on Nov. 29 released electric generation statistics through the end of September 2016. Generation from geothermal, solar, and wind energy increased by 24 percent compared with the first nine months of 2015. Non-hydro renewable energy, including biomass, has made up 8.5 percent of U.S. electric generation thus far in 2016. [...]
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