Category: News

November 11 2014

JinkoSolar, Wells Fargo Sign $20 Million Credit Agreement

Jinko will use the two-year credit agreement for working capital and business operations, the Shangrao, China-based solar company said today in a statement.

November 10 2014

Ormat Technologies to Acquire Parent Company in All-Stock Merger

Existing shareholders of Reno, Nevada-based Ormat Technologies will retain about 38 percent of the company’s shares, and Ormat Industries Ltd. holders will own the remaining 62 percent, the company said today in a statement. Ormat said last month it was considering a restructuring where the parent company would de-list in Israel.

November 10 2014

EPA Watchdog Takes Its Own Office to Task

An investigator for the EPA’s Office of Inspector General said its staff had done the same thing it criticized agency employees for eight months ago.

November 10 2014

Peruvian Hydro Gets $70 Million Loan From Japanese Agency

Moquegua 1 and 3 will add 32.8 megawatts to help meet electricity demand in the southern region, Peru’s Ministry of Economy and Finance said on its website Saturday.

November 10 2014

Dominion Buys 50-Megawatt Photovoltaic Project From Juwi Solar

The Pavant Solar project in Millard County is Dominion’s first in the state, and is expected to begin producing power in the second half of next year, the Richmond, Virginia-based company said today in a statement. Terms of the sale weren’t disclosed.

November 10 2014

Solar Power Inc. to Develop 80 Megawatts of Projects in China

The company’s SPI Solar Power Engineering Co. unit will build a ground-mounted 70-megawatt power plant in Inner Mongolia and a 10-megawatt distributed-generation project in Guangdong Province, Roseville, California-based Solar Power said in a statement today. Terms weren’t disclosed.

November 10 2014

Canadian Solar to Provide 4 Megawatts of Storage in Ontario

The company will supply reactive power, voltage support and energy storage using lithium batteries, Canadian Solar said in a statement today. It will provide operations and maintenance for three years. Terms weren’t disclosed.

November 10 2014

Kobelco Eco-Solutions, Idemitsu to Build 6MW Biomass Power Plant

The plant will be set up in Fukui prefecture, Tokyo-based Idemitsu said in a statement today.

November 7 2014

Election Puts Obama Climate Pledge at Risk on Summit Eve

Lawmakers set to gain roles in setting policy, such as Oklahoma Senator James Inhofe, have questioned spending U.S. dollars on the effort, a linchpin of efforts to win a global pact fight global warming. Inhofe, who has decried climate-change science and is the probable next chairman of the Senate Environment and Public Works Committee, has said the funding is a misguided foreign-aid effort.

November 7 2014

Sempra and Con Edison Buy 75-Megawatt Nebraska Wind-Power Plant

Sempra’s U.S. Gas & Power unit and Consolidated Edison Development each will own half of the Broken Bow II wind farm in Custer County, according to a statement today. Sempra will operate and maintain the plant, which last month began providing power to about 30,000 homes. Terms weren’t disclosed.