Results for: solar

February 5 2015

Borrego Solar Systems CEO Sees Installations Doubling This Year

Closely held Borrego Solar, based in San Diego, installed 51.2 megawatts last year, a 40 percent increase from 2013. It should surpass 100 megawatts this year, Chief Executive Officer Mike Hall said in a phone interview.

February 5 2015

Dominion to Invest $700 Million for 400 Megawatts of Solar Power

Dominion’s Virginia Power unit expects the projects to begin generating electricity by 2020, the Richmond, Virginia-based company said Thursday in a statement. The solar farms will produce enough energy for about 100,000 homes.

February 5 2015

Marubeni Picked to Build Two Offshore Wind Projects in Japan

The Tokyo-based trading company will build a 65-megawatt station near the Akita port and a 80-megawatt farm near the Noshiro port, according to the statement. The projects will begin operations as early as 2021.

February 4 2015

Factbook: U.S. trend toward sustainable energy continued in 2014

Prices Fall, Deployment and Investment Rise  WASHINGTON, D.C. – The United States saw continued growth in renewable energy, natural gas and energy efficiency in 2014, according to the third annual Sustainable Energy in America Factbook. The Factbook shows that U.S. deployment of sustainable energy increased as prices continued to fall and that investment in U.S. […]

February 4 2015

Principal Solar to Sell Power to Duke From 78.5-Megawatt Project

The $173 million solar farm in Hope Mills is expected to begin generating power early next year, Dallas-based Principal Solar said in a statement Wednesday. The company is buying the project’s development rights from closely held Innovative Solar Systems LLC in a deal that’s set to close by June 3.

February 3 2015

Daiwa House, Partners to Build 2MW Hydro-Power Station in Japan

The plant will start running in November 2017, the Osaka-based company said in a statement today. A unit of Toshiba Corp. will also take part.

February 3 2015

Abengoa, EIG to Invest $2.5 Billion in New Joint Venture

The Spanish developer and the U.S. infrastructure investor will set up Abengoa Projects Warehouse 1 in four to six weeks, the Seville-based company said today. EIG will hold an initial 55 percent of the venture and Abengoa 45 percent through their equity investments. The rest of the investment will come from so-called non-recourse debt.

February 3 2015

Chinese PV shipments surge in Q4 2014 according to BNEF shipment survey

London, 3 February, 2015 – December 2014 was an exceptionally busy month for PV manufacturers in China and Taiwan, according to Bloomberg New Energy Finance’s Solar Shipments Index, suggesting a strong fourth quarter in installations for the region’s PV companies. In the monthly survey of leading PV manufacturers owning over 23GW of module and 24GW […]

February 3 2015

Sharp Sells Recurrent to Canadian Solar for $265 Million

Sharp paid $305 million for San Francisco-based solar-development unit Recurrent Energy LLC in 2010 and had been looking for a buyer since at least September. The sale will be completed in March, Sharp said in a statement today as it also forecast an annual loss of 30 billion yen ($257 million).

February 2 2015

Obama Proposes $4 Billion for States Beating Climate Goals

In measures likely to be greeted skeptically by the Republican majority in Congress, President Barack Obama’s 2016 budget calls making permanent tax breaks for wind and solar, investing in Appalachian communities facing a steep drop in coal-industry employment and offering $2 billion of tax credits for coal plants that capture and bury their carbon emissions.