Results for: solar

May 14 2015

Turcas to Invest in Renewables to Benefit From State Incentives

The company has earmarked $65 million for a 16-megawatt geothermal plant in the western province of Aydin with its Ankara-based partner BM Muhendislik, Chief Executive Officer Batu Aksoy said Wednesday. It has also bid for licenses for four wind farms with a total capacity of 116 megawatts.

May 14 2015

Sharp Energy Business Posts Loss as Sales Outside Japan Drop

The operating loss of 3.9 billion yen ($33 million) at the electronics maker’s energy solutions unit compares with profit of 32.4 billion yen a year earlier, according to an earnings statement released by the Osaka-based company Thursday. Sales fell 38 percent to 270.8 billion yen from 439 billion yen.

May 13 2015

JinkoSolar to Provide 1 Gigawatt of Panels to China Minsheng

JinkoSolar will deliver at least 600 megawatts of equipment this year to China Minsheng New Energy, the Shangrao, China-based manufacturer said Wednesday in a statement. Terms weren’t disclosed.

May 12 2015

Sustainable Power Buys 26.5-Megawatt Project From Solairedirect

Solairedirect USA Inc., a subsidiary, will break ground on the utility-scale Adera project near Fresno beginning this quarter, Salt Lake City-based Sustainable Power said in statement Tuesday. The power plant is expected to be operational in mid-December. Terms of the sale weren’t disclosed.

May 12 2015

Yingli Green to Supply Borrego Solar With 40 Megawatts of Panels

The modules will be delivered this year, Baoding, China-based Yingli said Tuesday in a statement. Terms weren’t disclosed.

May 12 2015

United Photovoltaics to Acquire 210 MW of Solar-Power Plants

Through the acquisition, United PV will own five solar projects with a total capacity of 210 megawatts, the company said in a statement Monday.

May 11 2015

SunEdison Seeks to Raise $750 Million, Mulls New Structure

The renewable-energy developer is evaluating options including whether to become a general partner that would control its so-called yieldcos, Maryland Heights, Missouri-based SunEdison said Monday in a statement.

May 10 2015

Nuclear Seen as Cheapest Energy Source for Japan, Ministry Says

Offshore wind is estimated to be the most expensive among clean energy sources, costing 30.3 yen to 34.7 yen by 2030. That compares with 13.6 yen to 21.5 yen for onshore wind, the Ministry of Economy, Trade and Industry said in a report compiling estimates on power generation costs for 2030.

May 8 2015

BrightRoof Gets $56 Million From National Bank of Canada

The partnership between Toronto-based developer CarbonFree Technology and investor Connor, Clark & Lunn Financial Group will add C$17 million of equity, Gail Prins-Visser, a spokeswoman for Connor, Clark & Lunn, said in an e-mail Friday.

May 8 2015

Solar Power Inc. Agrees to Buy Controlling Stake in Convertergy

Solar Power is paying $13.8 million in stock and assuming a $1.5 million loan, the Shanghai-based company said in a statement Friday. The transaction is subject to closing conditions. The solar developer will use Convertergy’s technology to enhance its photovoltaic, or PV, applications.