September 17 2014

Blue Earth to Invest $10 Million in Battery Producer

The company is gaining exclusive rights to use PowerGenix’s technology, Henderson, Nevada-based Blue Earth said today in a statement. The companies have worked together for about five years.

September 16 2014

India to Lift Solar Target Fivefold to 15 Gigawatts

The government may scrap plans to auction 1,500 megawatts of solar projects by April in favor of a more ambitious program to install 5,000 megawatts to 7,000 megawatts annually, New Delhi-based advisory Bridge to India Energy Pvt. said in a note to clients, without saying how it obtained the information.

September 15 2014

Duke Spends $500 Million to Expand Solar Power in North Carolina

The three projects Duke plans to build have a combined capacity of 128 megawatts, and the Charlotte, North Carolina-based company signed power-purchase agreements for 150 megawatts of additional solar capacity, according to a statement today.

September 12 2014

Ratchaburi Electricity to Invest in Japan Solar Power Generation

A venture between Chow International Co. and RH International Corp., a wholly owned unit of Thailand’s Ratchaburi, will invest in solar power generation worth 33 megawatts in the initial phase, according to a company statement to the Thailand stock exchange.

September 11 2014

RusHydro Considering Renewables Fund IPO With PowerChina

The state-controlled generator plans to register companies this year as part of plans to build small hydro plants eligible for renewables subsidies, Deputy Chief Executive George Rizhinashvili said in an interview. The company is eyeing investments of as much as 65 billion rubles ($1.7 billion) by 2020 in more than 30 projects being discussed with PowerChina.

September 11 2014

Solar-Robot Maker QBotix Names Miskovsky Chief Executive Officer

“I’m joining because I’m convinced the company is right on technology,” Miskovsky said yesterday in a telephone interview. “The first order of business is to begin building out the commercial capability of the company and usher in the era of scaling.”

September 11 2014

China’s ReneSola Supplying Solar Panels for India Power Project

The panels will be made in India to satisfy local-content requirements and deliveries will be completed in November, Jiashan, China-based ReneSola said today in a statement. Terms weren’t disclosed.

September 10 2014

Japan’s METI Says 1,820 Megawatts of Solar Projects Canceled

So far, 647 projects have been canceled or abandoned after getting approval in fiscal 2012, Yoichi Kimura, an official in charge of clean energy projects for the ministry of Economy, Trade and Industry, said at a taskforce meeting yesterday.

September 10 2014

China’s First-Half Polysilicon Sales Rise 145%, Xinhua Says

Suppliers of the raw material for solar cells had a profit of 600 million yuan, Xinhua said, citing Zhao Jiasheng, vice chairman of the China Nonferrous Metals Industry Association.

September 10 2014

India’s PTC, Power Finance to Jointly Fund Renewables

Developers of renewable-energy plants will be able to apply through a single window for loans from PTC India Financial Services Ltd. and PFC Green Energy Ltd., a unit of state-owned lender Power Finance Corp., according to an e-mailed statement today. That will allow projects to raise financing more quickly and hasten the industry’s growth, the lenders said.

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