Results for: solar

March 23 2017

NTPC said to propose buying India’s $1.3 billion SJVN stake

NTPC Ltd., India’s biggest electricity producer, is seeking to buy the federal government’s stake in hydro-power producer SJVN Ltd. to boost its share of non-fossil fuel generation capacity, according to people with knowledge of the development. New Delhi-based NTPC has written to the finance ministry’s Department of Investment and Public Asset Management proposing to buy […]

March 22 2017

London’s black cabs go green as Geely opens Coventry factory

An all-electric version of London’s iconic black cab is set to go on sale at the end of this year after its Chinese manufacturer opened a solar-powered factory near Coventry, England. London Taxi Co., which is owned by China’s Geely Automobile Holdings Ltd., invested more than 300 million pounds ($374 million) in the Ansty Technology […]

March 22 2017

This mile-wide hole could revolutionize Pakistan’s economy

In the dusty scrub of the Thar desert, Pakistan has begun to dig up one of the world’s largest deposits of low-grade, brown, dirty coal to fuel new power stations that could revolutionize the country’s economy. The project is one of the most expensive among an array of ambitious energy developments that China is helping […]

March 21 2017

Sunrun maintaining cash position but investors looking for more

Sunrun Inc. expects to boost installations 15 percent this year and may increase its cash balance, as the largest U.S. independent residential solar company inches toward becoming cash-flow positive without sacrificing long-term stability. “If you just maximize current-year cash flow, you might not ultimately be building the best long-term shareholder value,” Edward Fenster, Sunrun’s chairman, […]

March 21 2017

Researchers Think They’re Getting Closer to Making Spray-On Solar Cells a Reality

Imagine a future when solar cells can be sprayed or printed onto the windows of skyscrapers or atop sports utility vehicles — and at prices potentially far cheaper than today’s silicon-based panels. It’s not as far-fetched it seems. Solar researchers and company executives think there’s a good chance the economics of the $42 billion industry […]

March 20 2017

GreenWish to invest $280 million in Nigeria solar plants

GreenWish Partners, a Paris-based independent power producer, will invest $280 million to build solar-power plants in Nigeria that are expected to start producing electricity in the first quarter of next year. A plant in the southeastern state of Enugu will produce 100 megawatts, while the company will build two others of 50 megawatts each in […]

March 20 2017

These power plants survived WWII bombs but maybe not Merkel

After surviving wartime bombing and Soviet-era seizures, some power plants in central Europe are facing extinction because of flat prices, newer technologies and red tape in Berlin. The facilities at risk used to make money buying cheap power at night to pump water up mountains, then releasing it downhill to turn generators during the day, […]

March 17 2017

German coal mine to be reborn as giant pumped hydropower battery

A coal-mine that powered German industry for almost half a century will get a new lease on life when it’s turned into a giant battery that stores excess solar and wind energy. The state of North-Rhine Westphalia is set to turn its Prosper-Haniel hard coal mine into a 200 megawatt pumped-storage hydroelectric reservoir, which acts […]

March 17 2017

Tesla’s $169 million battery play is just the beginning

Tesla is ready to power some grids. And not just in California or Australia. Last week, Elon Musk wagered he could address South Australia’s energy crisis with 100 megawatts (MW) of batteries installed in 100 days or less—“or it’s free.” The exchange blew up on Twitter and led to phone calls between Musk and leading Australian politicians, including Prime […]

March 16 2017

Wealthy Californians go green, putting utilities in a squeeze

California utilities are losing business to local power authorities that were created to deliver clean power to residents. Pacific Gas & Electric Co., the state’s biggest utility, expects to lose about 7.3 percent of its electric load this year, and potentially 21 percent by 2020, to these so-called community choice aggregators, according to Moody’s Investors Service. […]