Category: News

November 7 2014

JinkoSolar Delivers Salt-Resistant Panels to Seaside Japan Plant

The solar farm in Meiwa, Mie Prefecture, is about 100 meters (328 feet) from the sea and uses panels designed to resist damage from salt and mist, JinkoSolar said in a statement today. Terms of the sale weren’t disclosed.

November 7 2014

Kyushu Electric Clinches Final Local Approval for Restart

Yoichiro Ito, governor of Kagoshima prefecture, today gave his consent to the restart of the two reactors, according to a statement from the prefecture. The decision followed a vote last month to permit the units’ resumption by officials in Satsumasendai city, the community closest to the reactors.

November 6 2014

Solazyme Slumps Most on Record on Delays at Brazil Plant

Solazyme tumbled 58 percent to $3.14 at the close in New York, the most since its May 2011 initial public offering and the lowest price on record.

November 6 2014

First Wind Closes $254 Million Financing for Wind Farm in Texas

Mitsubishi UFJ Financial Group Inc. is committing tax equity, and BayernLB Holdings AG will provide debt financing for the 200-megawatt South Plains wind farm, First Wind said in a statement today. Terms weren’t disclosed.

November 6 2014

Trina Supplies 7.8 Megawatts of Modules for Siam Global Rooftops

Nathalin Welstar Energy Ltd. will install the panels for Siam Global House Pcl, Changzhou-based Trina said today in a statement. The modules will provide about 95 percent of the energy required at the home-improvement retailer’s facilities. Terms of the sale weren’t disclosed.

November 5 2014

American Water Quarterly Income Advances With Four Acquisitions

Net income from continuing operations gained 4.5 percent to $156.6 million, or 87 cents a share, compared with a year ago, the Voorhees, New Jersey-based company said today in a statement. Revenue increased 2.9 percent to $846.2 million.

November 5 2014

Delay Urged in Obama Carbon Rules to Shield Electric Grid

The North American Electric Reliability Corp., a nonprofit that assures adequate voltage and power reserves to keep the electric grid functioning, urged the Environmental Protection Agency to consider delaying the first deadline.

November 5 2014

Aquion Gets $36.8 Million Funding for Saline Batteries

The funds will be used to expand production at its factory and increase marketing operations, Pittsburgh-based Aquion said today in a statement. Investors in this fifth round of venture capital also included units of Exelon Corp. and oil companies Royal Duth Shell Plc and Total SA.

November 5 2014

Spending on Wastewater Treatment for Fracking May Triple by 2020

Spending may increase to $357 million in 2020 from $138 million this year, according to a report today from Boston-based Bluefield Research. The industry is expected to spend a total of almost $6.4 billion in 2014 on water management, including treatment, supply, transport and storage.

November 5 2014

Abengoa Wins Order for $393 Million Belgian Biomass Plant

The 215-megawatt combined heat and power plant in Ghent will cost at least 315 million euros ($393 million) to develop, Seville-based Abengoa said today in an e-mailed statement. The facility will use wood chips and agricultural residue as feedstocks, it said.