Category: News

December 3 2014

Itochu Begins to Sell Home Energy Storage Systems in Japan

The product, with a capacity of 7 kilowatt hours, can store solar power generated from rooftop panels; it can also draw electricity from the grid at night, when power rates are cheaper, for use during daytime, Itochu said in a statement.

December 2 2014

Antarctica Losing Mt. Everest’s Worth of Ice as Melt Triples (1)

A 21-year analysis by NASA and the University of California at Irvine found that glaciers in the Amundsen Sea Embayment, Antarctica’s fastest-melting region, lost an average of 83 gigatons of ice a year from 1992 to 2013, according to a statement today from the American Geophysical Union, which is publishing the findings in its journal. Earth’s highest peak weighs about 161 gigatons.

December 2 2014

Silver Lake, XPV Capital Invest in Water Software Maker

The funds will be used to expand a platform that helps utilities improve billing, cut costs and enhance customer service, the Phoenix-based company said today in a statement. Terms of the investment weren’t disclosed.

December 2 2014

Desalitech Raises $11 Million in Financing Led by Spring Creek

Spring Creek Investment Management LLC led the financing, which included existing investors Liberation Capital and AquAgro Fund LP, Newton, Massachusetts-based Desalitech said today in a statement. Liberation Capital previously invested $9.5 million in Desalitech, including $5 million last year.

December 2 2014

Abengoa’s 280-Megawatt California Solar Plant Begins Operation

Abengoa Yield Plc’s power plant, about 100 miles (161 kilometers) northeast of Los Angeles, will sell electricity under a 25-year contract to Pacific Gas & Electric Co., according to a statement today. The solar farm is expected to displace 350,000 tons of carbon dioxide a year.

December 2 2014

Broadwind Energy Gets $9 Million Tower Order From U.S. Company

Broadwind, based in Cicero, Illinois, will produce the towers at its factory in Manitowoc, Wisconsin, for delivery next year, according to a statement today.

December 2 2014

Hanwha SolarOne Building 230-Megawatt Panel Plant in South Korea

The plant in Eumseong, South Korea, is expected to begin producing panels in the second quarter, the Qidong, China-based unit said today in a statement. Once complete, the company’s annual module-making capacity will be 2.23 gigawatts.

December 2 2014

Dong Energy Scraps Irish Offshore Wind Due to Policy Uncertainty

Delays to the design of the new energy market and renewable incentives for Northern Ireland meant that the project could no longer be built within the timeframes “likely” to be required under new market rules, the First Flight Wind venture said today in an e-mailed statement.

December 2 2014

EDF, DCNS Chosen by French Government to Test Tidal Generation

DCNS, which owns a majority stake in OpenHydro Group Ltd., and EDF will install seven turbines, each with 2 megawatts, that are expected to be connected to the grid in 2018, the companies said today in a joint statement. The project will produce enough electricity to power about 13,000 homes.

December 1 2014

Argentina Province Schedules Auction to Build First Solar Farm

The 1 megawatt project in central Argentina will cost about 34 million pesos ($4 million) and must go into operation within six months, according to a statement on the state government website Nov. 28.