November, 2011Archive for

SPG Solar, Inc. Named 2011 Platts Global Energy Awards Finalist

SPG Solar Floatovoltaics® Selected for Sustainable Technology Innovation of the Year Category Novato, CA PRWEB November 30, 2011 SPG Solar, Inc. has been selected as a finalist in the Platts Global Energy Awards, an annual program recognizing exemplary industry leadership. The 2011 finalists, selected from more than 200 nominations, were announced by Platts, the leading global provider of energy, petrochemicals and metals information. Established in 1999 and often described as "the Oscars...

Solar power bankruptcies loom

Slack demand for solar panels combined with falling prices will likely mean many more solar power bankruptcies for the energy sector.

Magnolia Solar Receives $750000 Phase II Award From US Air Force

WOBURN, MA and ALBANY, NY, Nov 30, 2011 MARKETWIRE via COMTEX -- Magnolia Solar Corporation /quotes/zigman/586557 MGLT +98.68% "Magnolia" announced today that its wholly owned subsidiary, Magnolia Solar, Inc., recently received a $750,000 Phase II award from the United States Air Force Research Laboratory as part of the Small Business Innovative Research SBIR program. The award will fund a two-year project to develop flexible, lightweight, ultra-high efficiency multi-junction solar cell...

Solar landfill provides a shining example

A landfill site on the outskirts of Atlanta, Georgia has covered 10 acres of land with plastic solar panels.

SolarWorld Solar Panels, Innovative Racking Rise in LA Utility's

HILLSBORO, Ore., Nov 30, 2011 BUSINESS WIRE -- An 11.6-megawatt DC solar system composed of high-performance solar panels from SolarWorld has begun taking shape at the Los Angeles Department of Water and Power's high-desert Adelanto Switching and Converter Station. The system features domestically produced solar panels, racking, inverters and other balance-of-system components, showcasing not only American solar technology production but also the industry's domestic manufacturing supply chain....

JCM Capital and Hay Solar to Develop 30 MW of Ontario Farm

TORONTO, Ontario, Nov 30, 2011 BUSINESS WIRE -- JCM Capital announced today that they have signed an agreement with Hay Solar Holdings ULC to provide full development, construction, and long-term equity financing for a 30 MW portfolio of modular 100kW farm building solar installations located throughout the Province of Ontario. JCM focuses on financing and developing solar projects on large commercial and industrial buildings and large-scale solar farms across Ontario, utilizing the province...

Billion-Dollar Rooftop Solar Project Moves Forward Without Loan

A billion-dollar project to double the United Statess residential solar installations that appeared derailed by the Solyndra controversy when it lost a federal loan guarantee is back on track. Silicon Valley startup SolarCity and Bank America Merrill Lynch executives said Tuesday that theyve put together a debit and equity financing deal for Solar Strong, an initiative to install photovoltaic arrays on military housing, despite the loss of a $344 million loan guarantee. That loan guarantee could...

Solar stocks soar on upgrades, central bank moves

Reuters - U.S.-listed solar stocks soared on Wednesday after Auriga analyst Hari Chandra slapped "buy" ratings on four companies in the battered sector, including China's Trina Solar Ltd and U.S. panel maker SunPower Corp. Wednesday's move by major central banks to add liquidity to the world's financial system will ease financing for photovoltaic solar projects, Chandra said in research notes in which he upgraded his ratings on Yingli Green Energy Holding Co Ltd, Suntech Power Holdings Co Ltd a...

National Solar to build 200 MW solar energy farm in Florida

Nov 30 Reuters - National Solar Power said it will spend $700 million to develop a 200-megawatt solar farm in Florida's Hardee County, making it the company's second project in the state that has one of the highest per-capita electricity demand in the country. The utility-scale solar power provider plans to build 10 200-acre farms, each costing $70 million. Its first Florida project is in the Gadsden County."Florida is the new frontier when it comes to solar farm development," Chief Executive Ja...