Results for: solar

April 27 2015

Kyocera Profit From Solar Business Declines on Weak Panel Prices

Income at the company’s applied ceramic products group, which includes solar products, plunged 91 percent to 3.2 billion yen ($27 million) in the 12 months ended March 31 from a year earlier, Kyocera said in a filing Monday.

April 27 2015

Joule Plans $150 Million Fund for Companies to Cut Energy Waste

The company is raising an initial 5 million pounds for its so-called SmartCity Enterprise Investment Scheme portfolio and will channel this into four or five businesses, Joule Assets Europe Chairman Jessica Stromback said in an interview in London. EIS funds are backed by the U.K. government and offer tax breaks to investors in “higher-risk” companies.

April 24 2015

China to Be SunPower’s ‘Fastest-Growing Region,’ CEO Werner Says

“We’ll get a lot of business in China,” Werner said Friday on Bloomberg Radio. “It will be our fastest-growing region in the next five years, by far. The challenge is how you do that profitably. That code hasn’t been broken by many Western companies.”

April 24 2015

Solar Liberty Gets MMA Capital Loan for 9 New York City Projects

MMA Capital is providing a revolving construction loan of “several million dollars” over 12 to 18 months, Bob Hopper, a managing director, said Friday in a telephone interview. He declined to specify the exact dollar amount or terms of the loan.

April 23 2015

SolarCity to Expand in Commercial With $1 Billion Fund

The financing will help SolarCity build 300 megawatts of solar rooftops and carports for businesses, government agencies and schools over the next two years, the San Mateo, California-based company said Wednesday in an e-mailed statement. It has installed 1,800 commercial solar systems to date for clients including Wal-Mart Stores Inc. and Intel Corp.

April 23 2015

Fuel Cell Maker Targets Sales in Dubai With Abramovich Backing

The companies will examine whether 300 megawatts of AFC’s fuel cells can be deployed at sites such as The World Development and at Al Maktoum airport, AFC said today in an e-mailed statement. If the sites prove suitable, the companies will form a joint venture to deliver the projects, it said.

April 22 2015

American Water Partners With LG Sonic on Algae Bloom Work

LG Sonic’s buoys transmit ultrasonic waves that disrupt algae cells, preventing them from blooming. Four units were installed at Reservoir No. 1 at the Canoe Brook Water Treatment Plant in Short Hills, New Jersey, operated by an American Water subsidiary. That’s the first such installation at a drinking-water reservoir in North America, the company said.

April 22 2015

Sustainable Power Gets $168.5 Million Loan for Solar Projects

CohnReznick Capital Markets Securities advised on the loan from KeyBank National Association, OneWest Bank and Zions Bank, Salt Lake City-based SPower, as the producer is known, said in a statement Wednesday. Terms weren’t disclosed.

April 21 2015

GE Backing Japan Solar Farm in $1 Billion Renewable-Power Push

The solar farm in Futtsu City, about 67 kilometers (42 miles) southeast of Tokyo, is also backed by the Japanese renewable-energy developer Green Power Investment Corp. and four banks led by Bank of Tokyo Mitsubishi UFJ, according to a statement Tuesday from Fairfield, Connecticut-based GE that didn’t disclose the size of the investment.

April 20 2015

Renewables Infrastructure Raises $164 Million for Clean Energy

The fund raised the money through the sale of 107.5 million shares priced at 102.25 pence each, it said Monday in an e-mailed statement.