Results for: solar

May 29 2017

Europe’s Biggest Utilities Join Blockchain Energy Trading Trial

Some of Europe’s biggest utilities joined a project to test blockchain-based trades in wholesale power and natural gas markets. Utilities from Enel SpA to RWE AG will start live trading based on blockchain in the fourth quarter, after tests that start in August, said Michael Merz, managing director at Ponton GmbH, the developer of the […]

May 29 2017

Russia Starts Largest Renewable Energy Auction in Bid for Jobs

Russia is pressing ahead with its biggest-ever auction for renewable energy, seeking to award contracts to purchase 1.9 gigawatts of clean electricity as well as attracting foreign investment to support jobs at home. The government tender starting Monday has attracted the interest of Fortum Oyj, Finland’s largest energy company, which is prequalified to participate in […]

May 26 2017

U.K. Breaks Solar Power Record on Hottest Day of the Year

Britain’s fleet of solar panels generated a record amount of electricity on Friday, as the nation basked in sunshine during the hottest day of the year. U.K. solar power output rose to a record 8.75 gigawatts at 1 p.m. London time, according to data compiled by National Grid Plc and Sheffield University. That satisfied 24 […]

May 26 2017

Climatescope Off-Grid Market Update

Climatescope tracks the conditions for clean energy investment on and off the grid, and provides a wealth of publicly-available information on 58 emerging markets in Africa, Asia and Latin America & the Caribbean. The site has attracted tens of thousands of visitors since the re-launch in December 2016, tracking the energy transition in emerging markets. We […]

May 26 2017

Billionaire Ex-Oilman Plans 1st Nonstop World Solar Flight

After building up a $15 billion fortune pumping oil, Viktor Vekselberg is turning to solar for his attempt to win a place in history. The Russian tycoon and his Renova Group plan a record-breaking effort to send a plane around the world nonstop using only the power of the sun. If all goes well, a […]

May 25 2017

SolarWorld Joins Case Seeking U.S. Duties on Cheap Solar Imports

SolarWorld AG’s U.S. unit joined a trade case asking the federal government to impose duties on low-cost imports that have fueled a nationwide boom in solar installations. The company, which filed a separate trade complaint that led to U.S. tariffs on Chinese panels in 2012, become a co-petitioner Thursday in Suniva Inc.’s case before the U.S. International Trade […]

May 25 2017

China Pushes Solar to the Roof as Bigger Plants Stay Idle

China is seeking to boost demand for solar panels mounted to roofs of homes and businesses as the market for larger utility-scale plants dries up. Installations atop factories, malls and airports are likely to surge sixfold to almost 40 gigawatts by the end of 2020 and 125 gigawatts by 2040, according to Bloomberg New Energy […]

May 25 2017

Top Philippine Small Cap Soars on Pivot From Property, Mines

After struggling with real estate and mining, a small Philippine company is trying its hand at solar power. Investors approve.  Shares in MRC Allied Inc. have almost tripled this year, rising the most among Philippine stocks worth less than $100 million. Bets on the new venture also spurred a 57 percent gain in 2016. The […]

May 25 2017

A Tiny Island Off Singapore May Hold Keys to Energy’s Future

On a small island off the southern coast of Singapore, a French energy company is experimenting with what it hopes will be the future of renewable power storage. Engie SA is helping build a small, self-contained power grid on Semakau Island to demonstrate the usefulness of hydrogen gas in converting intermittent power from solar panels […]

May 24 2017

Actis Said to Acquire Gestamp’s Wind Parks in Brazil

Actis LLP signed a deal to acquire all of Gestamp Renewables Corp’s wind parks in Brazil, a move that will make the U.K. private equity firm the second-largest renewable energy company in the country, people familiar with the matter said. The London-based Actis agreed to buy 416 megawatts of wind parks, the people said, asking […]