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Tuesday, 21 February 2012
Borrego Solar Systems Inc, a leading designer, installer and financier of grid-tied solar photovoltaic systems, was awarded a contract by the General Services Administration to provide solar installation services to the United States government, both for civilian and military use. “Solar energy is a smart investment for the federal government,” said Borrego Solar chief executive officer Mike Hall. “We look forward to helping more agencies reduce their energy consumption and achieve energy
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Thursday, 16 February 2012
SunPower’s revenues went up by almost $100 million in 2011, and the company almost doubled its production from 584 megawatts to 922 MW in 2011 compared with the previous year. In the company’s fourth quarter and fiscal year 2011 report, it stated that revenues went up to $2.3 billion from $2.22 in 2010.
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Thursday, 16 February 2012
Renewable gasoline developer Primus Green Energy Ltd announced that it produced its first sample of renewable drop-in gasoline which could potentially replace gasoline produced from fossil fuels. The fuel was created through a proprietary combination of biomass conversion technologies that transforms herbaceous and woody biomass, and natural gas resulting into high octane gasoline.
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Tuesday, 14 February 2012
Tesla Motors said advance sales of its new electric vehicle, the crossover SUV Model X, have exceeded $40 million one day after market launch. Tesla unveiled the Model X Thursday evening last week, a car that it said it will begin to deliver in early 2014, with a target of selling 10,000 to 15,000 units per year. The company will manufacture the cars at its Fremont, California factory starting by the end of 2013.
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Tuesday, 14 February 2012
Duke Energy Corporation and state-owned China Huaneng Group for the second time agreed to work jointly on carbon capture and sequestration technology development. In a three-year partnership, the two companies will conduct research in advanced coal and carbon capture and sequestration technologies.
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Tuesday, 14 February 2012
Borrego Solar Systems, Inc. closed a $47 million fund with U.S. Bank and East West Bank to back solar energy projects for corporate, educational and municipal customers in California and Massachusetts. The fund will finance 6 megawatts’ worth of solar energy systems in California, which include 10 projects for three school districts. Borrego Solar will also use the fund for two solar power installations in Massachusetts, one of which will be one of the largest in the state with a 4.7-MW
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Monday, 13 February 2012
Groups fighting the Keystone Pipeline will march to the Senate today to deliver thousands of messages to stop it from voting for the project’s continuation, following an earlier denial from United States President Barack Obama. The Keystone project is the planned pipeline that will run through 1,700 miles of space, from Alberta, Canada to refineries in the Texas Gulf Coast. Its purpose is to transport up to 830,000 barrels of crude oil per day to those refineries. It will take about $7 billion
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Wednesday, 08 February 2012
Car-rental company Hertz Corporation will take part in a large-scale testing of wireless charging for electric vehicles with Virginia-based company Evatran, becoming the first car rental company to try the technology. Hertz, the world’s largest airport general-use car-rental brand, said the trial will follow the company as it uses Evatran’s Plugless Power systems on their own electric vehicles which are part of Hertz’s Global EV program.
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Monday, 06 February 2012
Santa Clara, California-based Alta Devices has achieved 23.5 percent efficiency for their gallium arsenide solar panels, paving the way for commercialization according to the company. Meanwhile, in Colorado, thin-film cadmium telluride photovoltaic manufacturer Abound Solar is beginning production for 82.8-watt modules in their factory in Longmont.
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Monday, 06 February 2012
A joint United States-Israel organization is looking for potential renewable energy projects co-developed by companies from the two countries that could get as much as $1 million in technological funding. The call for proposal comes from BIRD Energy which was created by the Energy Efficiency and Renewable Energy Office, a U.S. Department of Energy agency, and the Israel Ministry of Energy and Water Resources.
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Sunday, 05 February 2012
Montreal-based waste-to-biofuel company Enerkem Inc. said it is preparing for an initial public offering of its common shares on the Nasdaq Global Market and the Toronto Stock Exchange. On Friday, Enerkem filed to register as a foreign issuer with the United States Securities and Exchange Commission. The company also filed a preliminary prospectus with securities regulatory authorities in each of the provinces and territories of Canada.
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Sunday, 05 February 2012
The United States Department of the Interior said opening up the mid-Atlantic Outer Continental Shelf area for renewable energy projects will not have significant negative impacts – a finding allowing the agency to move forward with issuing leases for the said resource-rich areas. Last week, the agency said a comprehensive environmental assessment of the resource found that there would be no significant environmental and socioeconomic impacts from issuing wind energy leases in designated areas
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Thursday, 02 February 2012
California’s third-largest city is still on top of the list of “solar cities” in the U.S.’s leading solar state, according to panel installer SunRun and market data provider PV Solar Report. In 2011, San Jose had 312 homeowners buying solar panels. But SunRun said there’s been a significant increase in customers choosing “solar power service,” where the latter can go solar without actually buying panels. San Jose in fact had 648 homeowners opting for this service instead, SunRun said.
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Thursday, 02 February 2012
Boston-based independent power producer Atlantic Power Corporation invested $23 million in Canadian Hills Wind, L.L.C., which owns a 298.45-megawatt wind farm in Oklahoma. Atlantic Power now owns 51 percent of Canadian Hills Wind. According to Atlantic Power, the Canadian Hills Wind project is in the late stages of development under builder Apex Wind Energy Holdings, L.L.C.
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Wednesday, 01 February 2012
Venture capital investment in “cleantech” companies in the United States reached $4.9 billion in 2011, 4.5 percent down compared with investments in 2010, according to Ernst & Young L.L.P. The category refers to activities in alternative fuels, energy generation and storage, energy efficiency, water, environment and “industry focused products and services” in agriculture, construction, and other sectors. Natural gas is included in alternative fuels.
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Wednesday, 01 February 2012
The California Public Utilities Commission has approved modifications to Pacific Gas and Electric Company’s “smart metering” program which provides for an option for customers who do not want to have wireless smart meters in their homes to remain in or switch back to analog meters. PG&E’s “SmartMeter” program aims to install advanced meters throughout Northern and Central California that it says will allow customers to save on their utility bills by offering them more information and control
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Tuesday, 31 January 2012
Iowa-based MidAmerican Renewables L.L.C., a subsidiary of Warren Buffett’s MidAmerican Energy Holdings Co., has completed its acquisition of First Solar, Inc.’s 550-megawatt Topaz Solar Farm which was first announced in December last year.
The Topaz solar farm, amounting to more than $2 billion, is currently under construction in San Luis Obispo County, California, and is expected to generate enough energy to power approximately 160,000 California homes.
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Tuesday, 31 January 2012
While a low-carbon economy may indeed be the United States’ future, an environmental lawyer believes that – in the case of both the push for the Keystone XL pipeline and renewables – people could be getting their timelines muddled.
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Tuesday, 31 January 2012
Silicon Valley-based solar company SunPower Corporation has completed its acquisition of France-based developer and panel maker Tenesol, a wholly owned subsidiary of Total S.A. In a press release, SunPower said it acquired Tenesol for $165.4 million in cash. The deal’s completion this week followed the signing of a definitive agreement between the two companies in December regarding Tenesol’s acquisition.
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Monday, 30 January 2012
More than 60,000 solar jobs in the United States are in danger of being lost should a 100 percent tariff on solar photovoltaic cells and modules imported from China be imposed, a report by economic consultancy firm Brattle Group, as commissioned by the Coalition for Affordable Solar Energy, showed.
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