November 19 2014

Brazil Wind Bids Set to Outnumber Hydro to Gas in Auction

A total of 14.2 gigawatts of planned wind-generated capacity from 577 projects qualified for the Nov. 28 event, the most of any energy source, Brazil’s energy research agency Empresa de Pesquisa Energetica said today in an e-mailed statement. That’s out of 821 submissions for a combined 29.2 gigawatts that also included solar, hydroelectric, biomass, gas and coal plants.

November 18 2014

JinkoSolar Closes Remainder of $225 Million Equity Investment

China Development Bank International, the Macquarie Greater China Infrastructure Fund and New Horizon Capital now combine to hold about 45 percent of the company’s Jinko Power Engineering Group development unit, according to a statement today. The parent company also contributed capital.

November 18 2014

There is a cost-comparable alternative to Turkey’s “dash for coal”

Analysis shows that prioritising renewables would deliver the power that this growing economy needs while also limiting emissions and exposure to commodity prices London and New York, 18 November – The government of Turkey could achieve its aims of expanding electricity supply to meet the needs of a growing economy, and reducing dependence on imported […]

November 18 2014

Turkey’s changing power markets

The Turkish government is pursuing an energy strategy involving a rapid expansion of coal-fired generation. This White Paper asks if a renewables-based strategy could pose a viable and cost-effective alternative.

November 18 2014

Renewables an Alternative to Coal in Turkey’s $400 Billion Plan

The country’s plan to meet rising power demand through 2030 mainly with coal-fired plants would cost almost the same, about $400 billion, if clean-energy facilities were built, a a new report from the research company shows. The current plan would double carbon emissions in the period, while the renewables alternative would stabilize them after a few years.

November 18 2014

NTT Unit Plans to Build 15MW Solar Power Plant in Northern Japan

The plant will be built inside a park in Oshu city, Iwate prefecture, NTT Facilities Inc. said in a statement today. Operations are expected to start in October 2016.

November 17 2014

Ascent Solar Raising $35 Million for Retail Expansion

Ascent will issue $32 million in senior secured convertible notes and $3 million in convertible preferred stock, as well as warrants to purchase shares of its common stock, Thornton, Colorado-based Ascent said today in a statement that didn’t identify the buyer.

November 13 2014

Sky Solar Raises $44.2 Million in Initial Public Offering

Sky Solar sold 5,525,000 American depository receipts for $8 each, according to a statement distributed by GlobeNewswire today. The Hong Kong-based company listed on the Nasdaq under the symbol SKYS.

November 13 2014

Solyndra Program Vilified by Republicans Turns a Profit

It’s the first time the Energy Department has released an estimate of the potential gains for the loan guarantee program, designed to back clean-energy projects when venture capital or financing from banks and other investors is unavailable. The department expects a loss rate of about 2 percent on $32.4 billion set aside for loans to spur energy innovation, according to a report today.

November 13 2014

Trina Supplying 28.5 Megawatts of Panels for Solar Farms in U.K.

Sustainable Power Group and Camborne Capital bought the panels, which are expected to be installed before a March 31 deadline to qualify for renewable obligation certificates, Changzhou-based Trina said today in a statement. Terms of the sale weren’t disclosed.

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