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More solar would lower energy costs for Texas in summer months – SEIA

As the summer sun rises in the Texas skies, so does the heat – resulting in higher electricity prices for Texas consumers. However, according to a new analysis from the Brattle Group, harnessing the power of the sun could easily lower wholesale electricity prices in the state.

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Solar cells convert underwater solar radiation to electricity

A team of scientists from the U.S. Naval Research Laboratory Electronics Science and Technology Division are developing solar cells which could absorb solar radiation underwater and produce power for the operation of electronic sensor systems at depths of 9 meters.

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Changes to be seen in U.S. solar financing – Bloomberg

The emergence of new business models, new investors and new financing vehicles will be changing the face of financing for United States solar projects in the near future, according to Bloomberg New Energy Finance. Commissioned by accounting company firm Reznick Group, the report says third-party financing models, new investors, and new financing vehicles like project bonds and trust funds will be replacing U.S. solar power financing’s current practice of bankrolling from financial institutions, energy sector players, and the federal government.

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SEE Solar – South-East European Solar PV & Thermal Exhibition

A new report from the European Photovoltaic Industry Association (EPIA) has pointed that the solar photovoltaic (PV) electricity continued its remarkable growth trend in 2011. The solar market in South-East Europe is still small, but it is growing rapidly and it has a great potential to become a considerable part of the global renewable market.

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Solar Power International 2012

The solar energy industry is in high gear and at Solar Power International 2012 (SPI ’12), September 10-13, at the Orange County Convention Center in Orlando, Florida, participants can plug into the technologies, personal connections and professional insights that give rise to new business and learning opportunities.

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Solar field provides both energy and shade to cattle feedlot

A 480-kilowatt concentrating photovoltaic plant that provides both energy and shade to a cattle feedlot was installed in Coachella, California. Independent Solar Developers, which provides solar installations to the agricultural industry, said they're the first company to install such a solar facility of its kind. Independent Solar said the solar farm is large enough to power 100 homes.

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SPI reports on first quarter 2011, continues plans in Greece

Solar photovoltaic developer SPI Solar ended their first quarter of 2012 with a $300,000 loss, a slight recovery when compared with the $1.9 million loss they reported for the same time period in 2011. The company is continuing their expansion into the Greek solar market, announcing just last week that they had entered into agreements with the Taneo Fund, a Greek-state sponsored, privately funded and independently managed fund-of-funds for venture-capital investments.

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Alamosa concentrating photovoltaic system begins generating power in Colorado

The 30 megawatt Alamosa Solar Generating plant, said to be the world’s largest concentrating photovoltaic system, has begun generating power in Colorado. Owned and developed by Cogentrix Energy, LLC, the Alamosa Solar Generating plant is located on approximately 225 acres in Colorado’s San Luis Valley. It consists of over 500 dual-axis pedestal mounted tracker assemblies, each capable of producing approximately 60 kilowatts of energy by concentrating sunlight into multijunction solar cells.

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Australian R.E. company gains access to $25 million

Australian renewable energy company CBD Energy has closed a revolving $25 million line of construction financing for a solar project in Europe. The new financing will allow CBD to commence construction on 3 megawatts of ready-to-go rooftop projects in Italy this quarter, and bolster its supply chain to support ongoing development activity in Europe of up to 5 MW per month.

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Combined geothermal-solar facility powering 50,000 homes in Nevada

The first geothermal-solar power plant in the world, the 59-megawatt Stillwater facility, is now in operation in Fallon, Nevada where it provides enough power for 50,000 local homes. "As the first of its kind in the world, this project demonstrates how we can tap renewable energy sources to provide clean power for American families and businesses and deploy every available source of American energy," said Energy Secretary Steven Chu during the facilities dedication on May 3.

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