Results for: solar

August 27 2015

U.K. to End Small-Scale Renewables Aid in Blow to Solar

Ministers plan to cut subsidies by as much as 87 percent from January and cap the budget for assistance, ending the program for new entrants after March 2019, according to the proposals outlined Thursday on the Department of Energy and Climate Change website. If it isn’t possible to rein in spending, the program of guaranteed electricity prices, known as feed-in tariffs, may close in January, it said.

August 24 2015

Fossil-Fuel Industry Can’t Stop Renewable Energy, Obama Says

The White House on Monday announced a $1 billion increase in loan guarantees for renewable energy projects, $24 million in new grants for solar research and measures to reduce costs for homeowners to install solar panels. The government also said it would approve a transmission line for a large solar plant in Riverside County, California.

August 24 2015

Obama Adds $1 Billion in Loan Guarantees for Clean Energy

The federal government also will ease access to financing for home-energy improvements made by some low-income families and approve a transmission line for a California solar facility, according to a White House fact sheet released before the president speaks at a clean energy summit in Las Vegas.

August 21 2015

Wind Dominates Brazil Power Auction as Developers Brave Risks

Developers won contracts to sell power from 538.8 megawatts of wind farms for an average price of 181.14 reais ($51.90) per megawatt hour.

August 21 2015

Nevada Is Obama’s Green Oasis in Climate Fight With Republicans

When he arrives at the National Clean Energy Summit in the city, he’ll address a crowd including executives from electric-car maker Tesla Motors Inc., Republican lawmakers who support renewable energy development and leaders from the world’s largest supplier of rooftop solar panels.

August 19 2015

India to Hold Bidding for 750 Megawatts of Solar Projects

“Tenders for setting up 500 megawatts of capacity in Maharashtra and 250 megawatts in Gujarat’s Charanka solar park will be out this week and awarded in three months,” Ashvini Kumar, managing director at Solar Energy Corp. of India, the implementing agency for central government’s grid-connected solar programs, said Tuesday in an interview.

August 18 2015

Liebreich: An energy sector transformed must be an energy sector reformed

Michael Liebreich, Chairman of the Advisory Board Bloomberg New Energy Finance Twitter: @MLiebreich   That the world’s energy system has begun a grand transformation to a cleaner, more local future is no longer a controversial statement. The transformation may be furthest advanced in electricity, where renewable energy has made huge strides in the past few […]

August 17 2015

Aquila Expands in U.K. Solar With Second Acquisition This Year

The 9.8-megawatt facility in Sheffield, northern England, was developed by Blue Planet Solar Holdings Ltd. and Pfalzsolar GmbH, Aquila said Monday, without disclosing terms. The plant has been working since March.

August 17 2015

Sojitz Invests in T-Solar’s 2 Solar Power Stations in Peru

Sojitz has acquired a 49 percent stake in each plant, the Tokyo-based trading company said in a statement Monday. Each station is 22 megawatts in capacity. No financial terms were disclosed.

August 14 2015

Capital Stage Buys Solar Park in Germany to Boost Capacity

The company will pay 17 million euros ($19 million) to GP Joule GmbH for two projects, adding 14 megawatts of capacity, it said Friday in a statement. One 8-megawatt park is already connected to the grid and the 6-megawatt facility is expected to be operational next month.