November, 2010Archive for

UNI-SOLAR(TM) to Power Rooftop Above the United Nations Climate

ROCHESTER HILLS, Mich., Nov 30, 2010 GlobeNewswire via COMTEX -- United Solar, a wholly owned subsidiary of Energy Conversion Devices, Inc. /quotes/comstock/15*!ener/quotes/nls/ener ENER 4.48, -0.05, -1.10% , today announced the completion and operation of a solar power project on the rooftop of the Moon Palace Hotel in Cancun, Mexico, owned by Palace Resorts and host site for the United Nations Climate Change Conference. This important global event will attract about 20,000 participants ...

Solar farm to start construction in spring

INGERSOLL -- Concerns about the town's solar farm project aren't so much about the project itself, but the location and return on investment."I think it's ridiculous," was Peter Haagsma's reaction to the plan.He was among many members of the public who attended the first of two public information sessions about the solar project at the town hall Thursday.Haagsma was concerned about the solar panels being location on 16 hectares of good agricultural land zoned development on Clarke Road near high...

Actuant buying Mastervolt for $149.2M, giving it bigger presence

MILWAUKEE AP - Actuant Corp. is buying power electronics developer and supplier Mastervolt for 115 million euros $149.2 million , giving it a bigger presence in the solar product market. The diversified industrial company said Tuesday that it will pay for the deal with cash on hand and a revolving credit agreement. The acquisition is expected to close within 30 days. Privately held Mastervolt, based in Amsterdam, derives two-thirds of its revenue from its solar product line. Actuant is based in ...

France Must Triple Power Tax to Pay EDF's Solar Costs

A French tax on electricity must be almost tripled next year to pay for a seven-fold increase in subsidies for solar energy paid for by Electricite de France SA, according to the energy watchdog. The tax should increase to 12.90 euros $16.80 a megawatt- hour from the current 4.50 euros to pay for an increase in the cost of renewable power, mostly solar, Frances CRE regulator said in documents published today. The cost of solar power for state-controlled utilities is projected to rise to 915 mil...

Intevac acquires Solar Implant, cites new technology that could

SANTA CLARA, Calif. AP - Intevac Inc., a company that makes equipment for disk drive, semiconductor and solar panel makers, said Tuesday it has acquired Solar Implant Technologies Inc. Intevac said the privately held company has developed new methods for solar cell manufacturing that will help reduce the cost of using solar panels. In a statement, Intevac CEO Kevin Fairbairn said the business will be a "key" element in the company's suite of products for the solar industry. Intevac...

More solar capacity to create jobs

Reuters A move towards solar would also support the New Growth Path initiative by providing thousands of jobs and training low-skilled workers. Photo: Reuters

NRG Solar to finance $450M Calif. solar plant, SunPower Corp. to

NEW YORK AP - NRG Solar and SunPower Corp. announced Tuesday plans to build a 250-megawatt solar ranch in California's San Luis Obispo county, a project that will cost up to $450 million. Under the agreement, NRG Solar, a subsidiary of NRG Energy Inc., will fully finance the plant, dubbed California Valley Solar Ranch, while SunPower will design, build, operate and maintain it. The plant is expected to create some 350 jobs and provide power to about 100,000 homes. The companies expect to beg...

US Utility Solar-Farm Market To Double Annually By 2015-Study

DOW JONES NEWSWIRES The U.S. market for large-scale solar-panel generators built for utilities is likely to nearly double each year between 2010 and 2015, thanks to federal incentives, state renewable-energy requirements and lower prices for solar panels, according to a study released Tuesday. About 274 megawatts of U.S. utility-scale solar farms are likely to be installed in 2010, up 370% over the previous year, and more than double that ...

Fidelis ships 23MW of PV modules to TinSol in South Africa

2010 Fidelis Energy Inc. Los Angeles, California announced that it has shipped more than 23MW of solar photovoltaic PV modules to its first customer, TinSol Energy Ltd. Johannesburg, South Africa . The shipment, for which TinSol will pay Fidelis USD$52.5 million, is the first under a long-term module supply agreement for 207MW of PV modules. "We continued to execute on our solar integration strategy, increasing our capacities and improving control over manufacturing processes and costs,&quo...

EU to invest 80 million in Almeria's solar energy research centre

Almera has been selected to host the new EU center for research in solar energy "Solaris ", which today was announced as a priority project by the European Strategy Forum on Research Infrastructures ESFRI , which meets tomorrow to sign the project in Brussels. The project will be developed in the Advanced Technology for  Renewable Energy Center in Tabernas Almera and will be connected with laboratories in the countries with the highest solar potential, such as Greece, Italy, Por...