Results for: solar

January 12 2015

Modi Advances Solar Plan for India With $4 Billion Plant

The manufacturer based in Maryland Heights, Missouri, will form a venture with the Indian power provider Adani Enterprises Ltd. to build the photovoltaic plant, with as much as 7.5 gigawatts of annual production capacity. Construction is expected to begin this year, the company said in a statement today.

January 9 2015

Protection 1 Raises $250 Million for Residential Solar Systems

Protection 1’s Brite Energy unit began offering rooftop power systems in San Diego in September, and now has six offices in “multiple U.S. states,” according to a statement today. It’s working with MySolar IX LLC, a joint venture of Morgan Stanley and Main Street Power Co.

January 9 2015

Clean Energy Investment Jumps 16%, Shaking Off Oil’s Drop

(Bloomberg) -- Clean energy investment rose for the first time in three years in 2014, overcoming a slump in oil prices that unsettled the outlook for the industry.

January 9 2015

Clean Energy Investment Jumps 16% on China’s Support for Solar

New funds for wind, solar, biofuels and other low-carbon energy technologies gained 16 percent to $310 billion last year, according to data compiled by Bloomberg New Energy Finance. It was the first growth since 2011, erasing the impact of lower solar-panel prices and falling subsides in the U.S. and Europe that hurt the industry in previous years.

January 9 2015

Japan to Support Energy Saving, Storage-Battery Installations

The ministry is asking for the budget to set up devices such as light-emitting diode lamps and boilers with better efficiency, according to a summary of requests included as part of a supplementary budget for the year ending March 31. It will be considered by cabinet today.

January 9 2015

Rebound in clean energy investment in 2014 beats expectations

Surges in investment in offshore wind in Europe, and solar in China and the US, helped to drive the 2014 global clean energy total up 16% to $310bn London and New York, 9 January – World clean energy investment rebounded strongly in 2014, boosted by demand for large-scale and rooftop solar photovoltaics on the back […]

January 8 2015

SolarReserve, ACWA Win Bid to Build South African Solar Plant

Acceptance of the bid means the companies can now proceed to financial close, expected this year, and the signing of a power-purchase agreement with state-owned utility Eskom Holdings SOC Ltd. The Redstone plant, near Kimberley, is expected to start working in early 2018, California-based SolarReserve said today in a statement on its website.

January 7 2015

Google, Prudential Investing $157 Million in Utah Solar Farm

The 104-megawatt Red Hills facility is being developed and will be operated by Scatec Solar ASA, the Oslo-based company said today in a statement. The plant will sell its power to PacifiCorp’s Rocky Mountain Power under a 20-year agreement and is expected to begin operating by the end of the year.

January 7 2015

Stem Adds $12 Million From Total, Exelon to Close Series B Round

Stem now has raised more than $40 million to expand in the U.S. and abroad, Chief Executive Officer John Carrington said today in a telephone interview. A November agreement to provide Edison International’s Southern California Edison utility with 85 megawatts of capacity may become a blueprint for future deals in other U.S. states.

January 7 2015

TerraForm Power Buying 21 SunEdison Solar Plants for $47 Million

The 21 projects acquired from SunEdison are in seven states and have long-term contracts to sell electricity to customers including schools and businesses, Beltsville, Maryland-based TerraForm said today in a statement.