Category: News

November 13 2014

Keystone Votes Set in Bid to Sway Louisiana Contest

The House plans today to begin considering a bill sponsored by Republican Representative Bill Cassidy, who is in a Dec. 6 runoff against Democratic Senator Mary Landrieu. After a request by Landrieu, the Senate scheduled a vote as soon as Nov. 18 on an identical proposal to bypass President Barack Obama and set the $8 billion pipeline project in motion.

November 12 2014

China Hunger for Clean Energy to Leave No Rooftop Behind

China expects to install as much as 8 gigawatts of small solar systems this year, more than 10 times what was built last year. The country had almost 20 gigawatts of solar capacity at the end of 2013, a figure comparable to about 20 nuclear reactors. Most of that came from massive solar farms in remote locations and policy makers are now promoting smaller systems closer to where they’re needed.

November 12 2014

Yingli Supplies 5 Megawatts of Panels for Bolivia Plant

The Isotron unit of Spain’s Grupo Isastur Ingenieria y Suministros Asturias SA installed 17,000 solar panels in its plant in the Bolivian state of Pando, Yingli said in a statement today. Pando has so far relied on diesel for power generation because the area is not connected to Bolivia’s national grid.

November 12 2014

Obama Skirts Hostile Congress on China Climate Deal Goals

The Environmental Protection Agency will join with the U.S. Energy, Interior and Agriculture departments to target carbon pollution from power plants, methane from oil and natural gas drillers, chemicals used in millions of appliances and tailpipe emissions from trucks, railroads and even airplanes, business and environmental lobbyists predicted.

November 12 2014

Pattern Energy Buying Panhandle 2 Wind Farm for $123.8 Million

With the acquisition of the 182-megawatt project in Carson County, Pattern now owns 11 wind farms with a total capacity of almost 1.5 gigawatts, including the adjacent 172-megawatt Panhandle 1 project bought earlier this year, according to a statement today. Terms weren’t disclosed.

November 12 2014

Solar3D Seeks Buying Two More System Providers in 2015, CEO Says

“We’ve got an intense focus right now on buying integrators so that we can expand our company,” James Nelson said today in an interview at Bloomberg News headquarters in New York. “We want to buy two other companies -- that’ll put us up close to $100 million in revenue. That’s ambitious, but it’s our objective.”

November 12 2014

Sky Solar Delays IPO for Second Time Amid Supply Glut

The company, which would have been the first Chinese solar maker to list in the U.S. since 2010, postponed pricing yesterday after first failing to sell equity on Nov. 7. Sky Solar over the past week cut its target to $48 million from $150 million, according to regulatory filings. It also lowered its pricing range by more than one-third, to as little as $7 for each American depositary receipt.

November 11 2014

Consolidated Water Third-Quarter Revenue Gains on Cayman Sales

Revenue was $17 million compared with $15.4 million a year ago, the company said in a filing. Net income doubled to almost $1.9 million for the Georgetown, Cayman Islands-based water supplier as development costs declined for a desalination plant in Baja California, Mexico, Chief Executive Officer Rick McTaggart said today on a conference call with analysts.

November 11 2014

EDF EN Canada Building 74-Megawatt Quebec Wind Power Farm

The Mont-Rothery project, located on public land in the Haute-Gaspesie and Cote-de-Gaspe regional county municipalities, is expected to start selling power to the grid by the end of next year, the company’s Montreal-based EDF EN Canada unit said today in a statement.

November 11 2014

Energy-Storing Batteries Will Boost Grid Reliability

Renewable Energy Systems plans two 19.8-megawatt storage units, one in West Chicago and another in Joliet, the company’s Broomfield, Colorado-based unit said today in a statement. When completed in August, the systems will be the largest on the continent, the company said. Terms weren’t disclosed.