Results for: solar

April 30 2015

SPI to Buy All-Zip Roofing as China’s Demand for Solar Expands

SPI is buying All-Zip Roofing for 275 million yuan ($44.3 million), subject to closing conditions, the Shanghai-based developer said in a statement Thursday.

April 30 2015

U.K. Power Company Mops Up Waste Olive Oil From Jamie’s Italian

REG, backed by BlackRock Inc., plans to build the plants in the next two years for about 25 million pounds ($39 million), Chief Executive Officer Andrew Whalley said in an interview.

April 29 2015

Orix to Build 55-megawatt Solar Power Station in Northwest Japan

Construction will begin in June and the plant is scheduled to commence operations three years later, the Tokyo-based company said in a statement Thursday.

April 29 2015

Altus Power Completes 5.6 Megawatts of Massachusetts Solar Farms

Altus spent about $15 million developing a 4.3-megawatt solar farm in Hampden and a 1.3-megawatt power plant in Sheffield, Tom Athan, managing partner and co-founder of Altus, said in an e-mail Wednesday. Both projects are selling the output to local municipalities under 20-year contracts.

April 29 2015

Citigroup Provides $200 Million Kilowatt Financial Solar Loans

Kilowatt Financial will offer no-money-down loans of as long as 20 years to homeowners who want to own their rooftop power systems, the company said Wednesday in a statement. Closely held Kilowatt Financial and Citigroup plan to securitize the loans to generate additional capital for future solar projects.

April 29 2015

First Solar, Powerhive Plan Microgrids for 200,000 Kenya Homes

Powerhive expects to offer electricity to more than 200,000 homes in Kenya from off-grid solar systems, the Berkeley, California-based microgrid developer said in a statement Wednesday.

April 29 2015

Siemens Sells Tidal Unit to Atlantis as Market Too Slow to Grow

Turbine maker Atlantis takes ownership of the unit’s six projects, the Singapore-based company said Wednesday in an e-mailed statement, without disclosing financial terms. Siemens acquires a 10 percent stake in Atlantis as part of the deal.

April 28 2015

SunEdison Completes 37.5 Megawatts of Ontario Solar Projects

The company connected to the grid the 17.8-megawatt Solar Spirit project, owned by BluEarth Renewables Inc., and the 17.9-megawatt Bruining project, owned by Firelight Infrastructure Partners LP, Maryland Heights, Missouri-based SunEdison said Tuesday in a statement.

April 28 2015

Japan Sees Clean Energy Edging Out Nuclear Power in 2030

Clean energy sources will supply as much as 24 percent of Japan’s electricity in 15 years, while atomic power will account for as much as 22 percent, according to a draft report from the Ministry of Economy, Trade and Industry on what Japan’s electricity mix should look like by 2030.

April 27 2015

McCrone: Upbeat Summit hears of the “age of plenty but also competition”

Angus McCrone, Chief Editor Bloomberg New Energy Finance   The barometer has been rising at Bloomberg New Energy Finance Summits. In 2012, the pressure reading signalled that there would be a role for renewables but that it would be constrained by politics and would be as second-fiddle to cheap gas. In 2013, it indicated that […]