July, 2014Archive for

Here's How You Can Get Solar Panels for 20-30% Off

Is your enthusiasm for getting energy from the sun dampened by high-priced solar systems that seem way beyond your budget? Why not band together with your neighbors to bring the price down? That’s what thousands of people in hundreds of neighborhoods from Washington, DC to Washington state are doing, using a tried and true method that’s been around for over a hundred years, if not longer: They’re creating “residential purchasing groups,” also called cooperatives or ...

Local solar panel makers may help save US $42 billion: KPMG

MUMBAI: A sustainable manufacturing policy for the solar panel industry could help save USD 42 billion in forex outgo by 2030, according to a KPMG report and the Indian Solar Manufacturers' Association ISMA . The ISMA also called for continued government support to the sector which could lead to better energy security and job creation. Noting that about 100 gigawatts of solar capacity would be established in the country by 2030, the KPMG report said, "If a sustainable domestic solar manufacturi...

India's largest ultra mega solar power plant planned in Madhya

BHOPAL: Plans are afoot to set up the country's largest ultra mega solar power plant UMSPP in Madhya Pradesh's Rewa district, a senior official said on Thursday. The plant, to produce 700 MW of electricity, would require an investment of Rs 4,000 crore, state's additional chief secretary for new and renewable energy S R Mohanty told PTI. The electricity from the plant would be available at Rs 5.40 paise per unit, which would be the lowest in the country, Mohanty said. The state government wou...

How solar energy storage could make Tesla much more than an

How lucrative could the solar energy storage business be for Tesla? Almost as lucrative as selling cars. That’s according to Morgan Stanley, which this week placed a figure—$2 billion—on how much it thinks Tesla could make in annual revenue from solar energy storage. That’s assuming that its “gigafactory”—a massive lithium-ion battery production facility, which is currently still in the planning stages—is up and running by the end of the decade. To...

Huawei to Use Its Telecommunication Technology in Solar Business

Huawei Technologies Co., Chinas biggest maker of phone-network equipment, said it plans to ship 4 gigawatts of solar inverters this year, tapping its own telecommunications technology to improve the devices The company started the business last year and shipped about a gigawatt of products globally in the first half, Xu Yingtong, general manager of the smart photovoltaic power business at Huawei, said yesterday in an interview in Beijing. Typical inverters convert direct current to alternating...

Arizona Utility To Pay Consumers For Rooftop Space For Solar

Will consumers let utilities use their roof for $30 a month? Arizona Public Service, the dominant utility in the state, has filed for permission to install approximately 20 megawatts of solar on 3,000 homes in its service territory.  APS will recover the cost of the systemsapproximately $57 to $70 millionthrough charges across its entire customer base. In exchange APS will be delivering solar to customers. It will also pay those customers with systems on their roofs $30 a month. The proposa...

India's largest solar power plant planned in Madhya Pradesh

Bhopal: Plans are afoot to set up the country's largest ultra mega solar power plant UMSPP in Madhya Pradesh's Rewa district, a senior official said on Thursday. The plant, to produce 700 MW of electricity, would require an investment of Rs 4,000 crore, State's Additional Chief Secretary for New and Renewable Energy S R Mohanty told. The electricity from the plant would be available at Rs 5.40 paise per unit, which would be the lowest in the country, Mohanty said. The state government would s...

How a catastrophic solar storm nearly hit Earth back in 2012

An eruption on April 16, 2012 was captured here by NASA's Solar Dynamics Observatory in the 304 Angstrom wavelength, which is typically colored in red. NASA/SDO/AIA

Direct Energy Joins Residential Solar Fray With $54M Acquisition of

Today's acquisition of solar installer Astrum Solar for $54 million by energy services company Direct Energy a subsidiary of Centrica is another sign of the solar industry's health and dynamism. GTM Research expects the U.S. residential PV market to exceed 1 gigawatt for the first time in 2014. This U.S. industry is in an extended period of strong growth -- and while leaders have emerged, the space remains volatile, with players jockeying for position via acquisition, vertical integrat...

Solar firms see ray of hope in US anti-dumping move

Canadian solar panel makers could potentially gain from a nasty spat between the United States and China over the dumping of low-cost solar equipment.The U.S. Department of Commerce ruled late last week that solar panels and cells from China and Taiwan were being sold too cheaply in the U.S. market, and it set new import duties on them. Some of those tariffs are steep up to 165 per cent. The duties, which wont become permanent until a final decision in December, were imposed after the U.S. ...