Results for: solar

December 30 2016

Solar Panels Now So Cheap Manufacturers Probably Selling at Loss

Solar manufacturers led by China’s Trina Solar Ltd. are probably selling at a loss after prices fell to a record low this week. The global spot market price for solar panels fell 2.4 percent to an average of 36 cents a watt on Dec. 28, according to PVinsights. That’s the bottom end of the cost […]

December 26 2016

China to Cut Solar, Wind Power Prices as Project Costs Fall

China is reducing the amount of money it pays to newly completed solar and wind power generators for their electricity, in order to reflect declines in construction costs, the country’s price regulator and economic planner said Monday. The nation will cut tariffs paid to solar farms by as much as 19 percent in 2017 from this […]

December 23 2016

A Testing Ground for Energy Storage in the Shadow of Mt. Fuji

A patch of land in the shadow of Mount Fuji is becoming a testing ground for energy storage, with some of Japan’s leading companies trying to develop technologies such as spinning flywheels and fuel cells.  The government of Yamanashi, a prefecture 102 kilometers (63 miles) west of Tokyo, is hoping that by attracting companies such as […]

December 23 2016

U.K. Gets Half of Electricity From Low-Carbon Generators

Low-carbon generators provided half of the U.K.’s power demand for the first time in the third quarter of the year, according to new government figures Thursday. Nuclear, renewables and bioenergy accounted for a record 50 percent of power in the third quarter of 2016, compared to 45.3 percent in the same quarter of 2015, mainly […]

December 22 2016

The Startup That Helps Green Startups Clinch Deals

Why buy when you can lease? Over the years, makers of everything from sewing machines to SUVs have relied on this type of pay-as-you-go financing to spur sales. The entrepreneur who pioneered the no-money-down formula for rooftop solar systems now wants to help spread it to other cleantech industries. SunEdison founder Jigar Shah believes the […]

December 22 2016

India Investing $1.8 Billion on Lines to Transmit Solar Power

India will invest 127 billion rupees ($1.8 billion) on lines to transmit power from solar parks to enable Prime Minister Narendra Modi’s goal of boosting clean-energy capacity to 175 gigawatts by 2022. The dedicated transmission lines, part of the so-called green corridor project, will transmit 20 gigawatts of power capacity from 34 solar parks across […]

December 21 2016

Saudis Accelerating Sunward Tilt in Charge for Oil Revenue

Saudi Arabia’s long-awaited drive to free up more oil revenue by shifting to solar power generation is expected to pick up speed next quarter, according to local developers eyeing contracts. “I’m fully expecting within the first quarter 500 megawatts to come out in tenders and then it’ll ramp up,” said Paddy Padmanathan, the chief executive […]

December 21 2016

Saudis Seen Accelerating Sunward Tilt in Charge for Oil Revenue

Saudi Arabia’s long-awaited drive to free up more oil revenue by shifting to solar power generation is expected to pick up speed next quarter, according to local developers eyeing contracts. “I’m fully expecting within the first quarter 500 megawatts to come out in tenders and then it’ll ramp up,” said Paddy Padmanathan, the chief executive […]

December 21 2016

Tesla Boosts Credit Lines Again to Aid Elon Musk Expansion

Tesla Motors Inc. increased its borrowing capacity under two credit agreements by about $500 million — two months after Chief Executive Officer Elon Musk tweeted that raising debt wouldn’t “be necessary” before the end of the year. Tesla, which last month acquired money-losing solar-roof installer SolarCity Corp. for $2 billion, boosted a credit line with […]

December 21 2016

India’s Energy Forecasts Are Falling Short And Climate Could Win

Those looking for a bright spot in the global warming picture might want to pay closer attention to India. For several years, demand for electricity in the world’s second-most populous country has trailed forecasts, data compiled by India’s Central Electricity Authority show. While the reasons for the mismatch are complex, the gap raises the prospect that […]