Category: News

February 12 2015

Worst ‘Megadrought’ in 1,000 Years in U.S. Due to Global Warming

By the end of this century, researchers are predicting years-long dry spells exacerbated by higher temperatures, creating conditions worse than so-called megadroughts that have been linked to the decline of American Indian cultures in the U.S. Southwest, according to an article published Thursday in the journal Science Advances.

February 12 2015

Sumitomo Bank, Others to Invest in Solar Power Fund by Sparx

Sparx, a Japanese asset manager, will invest 100 million yen for the fund, the company said in a statement today.

February 11 2015

Keystone XL Bill Heads to Obama as Practical Payoffs Wane

Yet after three years of effort, the victory is somewhat hollow as falling oil prices and an improving job market conspire to weaken any practical or political payoffs.

February 11 2015

Leaf Solar Power Getting $75 Million to Install Rooftop Systems

The investment from New York-based Tamra-Tacoma Capital Partners primarily will be used to deploy residential- and commercial-scale systems, according to a statement Wednesday from the West Palm Beach, Florida-based company. Terms weren’t disclosed.

February 10 2015

SunEdison and PermaCity to Build Rooftop Solar in Los Angeles

SunEdison and PermaCity will lease rooftops in the area served by the Los Angeles Department of Water and Power as part of a contract the agency awarded in 2014 to SunEdison, according to a statement Tuesday.

February 10 2015

Adiant Sells U.K. Solar Power Park to Foresight Group

The facility, located near Bournemouth in the country’s south, has a capacity of 37.3 megawatts, enough to supply power to about 12,250 homes, Zurich-based Adiant said today in an e-mailed statement. The price wasn’t disclosed.

February 10 2015

Siemens to Supply Pattern With Turbines for 200-Megawatt Project

Installation of the 2.3-megawatt turbines is scheduled to begin later this year with startup planned for the fall, according to a statement Tuesday. Financial terms weren’t disclosed for the deal, which includes a service and maintenance agreement.

February 10 2015

Apex Clean Energy Receiving $50 Million From Prudential Capital

The investment will be used to develop and acquire projects and for general corporate purposes, the company said in an e-mailed statement Tuesday.

February 10 2015

KfW Agrees to Build $2.3 Billion Germany-Norway Power Cable

The 1,400-megawatt NordLink interconnector will cost 1.5 billion euros to 2 billion euros, Frankfurt-based KfW said today in a statement on its website. Construction will start as soon as contracts with the companies responsible for the production and installation of the cable are signed, it said.

February 10 2015

Tama Home Completes 17MW Solar Power Plant in Southwestern Japan

The plant, which uses solar panels supplied by Sharp Corp., started running on Feb. 1, the Tokyo-based company said in a statement today.