February, 2015Archive for

First Solar's Top Production Lines Averaged 15.8% Conversion

First Solar missed the low end of its sales guidance but posted net income of $397 million on 2014 sales of $3.4 billion. Production, capacity utilization, and conversion efficiency showed positive results.Q4 highlights and Q1 guidanceBook-to-bill ratio was 1.7 for the yearPotential bookings stand at 13.5 gigawattsGuidance for Q1 2015 net sales is $550 million to $650 millionThe company spoke of "significant progress" in the Southeast U.S., as well as encouraging signs from India and TurkeyDurin...

Ypsilanti re-pitches DTE for array near I-94

Ypsilanti is once again asking DTE Energy to consider a solar array project the two parties nearly approved for a 7-acre property near South Huron Street and Interstate 94. Tom Perkins For The Ann Arbor News

Algeria Aims for 13.5 GW of Solar Power by 2030

Algeria Aims for 13.5 GW of Solar Power by 2030 February 28th, 2015 by Leon Kaye  Algeria is the leading natural gas producer in Africa and is the second-largest supplier of gas to Europe, but that is not slowing down the North African countrys plan to ramp up solar power generation. Although some critics claim Algeria has not harvested enough of the countrys fossil fuels, such criticism has not stopped the countrys energy minister, Youcef Yousfi, from announcing a plan to install 13.5 giga...

Solar powered, state-of-the art city in development in California

Saturday, February 28, 2015, 3:25 PM - A high-tech community called "Quay Valley" could be popping up in California soon. It would be a self-sustained, solar powered community with a very unique high speed transportation system. On the outskirts of Kings County, California, along the I5, there is a field of dreams -- 3,000 hectares of farmland, destined for development, as far as Quay Hays is concerned. "It's simply the way a community should be developed," says Hayes, who envisions a self s...

Incoming eclipse has solar industry on guard

Saturday, February 28, 2015, 10:56 AM - There's a solar eclipse on the horizon for March 20, and that has Europe's solar power producers worried. It'll be only partially visible in Canada in parts of Newfoundland and Labrador, but in Europe, hundreds of millions of people will see between 40 and 90 per cent of the sun's disk obscured. As the sun darkens, an estimated 35,000 MW of electricity will fade from the system, then coming surging back online, according to the European Network of Transmi...

When going solar, should you lease or buy?

As the cost of solar technology drops, more and more homeowners are considering buying or leasing rooftop solar panels. In fact, the U.S. Department of Energy projects that 900,000 homes will feature solar installations by the year 2020. Properly sized, a solar photovoltaic system can reduce your energy costs by 50 percent or more, and a recent study conducted for the DOE found that some home buyers are willing to pay a premium for a house with a solar system. Before embarking on an installatio...

It's Time To Hurry Up And Beat A Solar Tax Credit Deadline?

Google Google is putting in $300 million in to a $750 million fund for SolarCity SolarCity to install solar panels on 25,000 residential roofs this year, the two companies announced today. The fact that Google is backing solar or residential solar installations or SolarCitys projects in particular isnt new. Whats more interesting to me is whether we will see Google and other institutional or corporate investors hurry up and set up more tax equity funds before a lucrative tax break is set to en...

Despite Net Metering Veto, West Virginia's Solar Industry Close to

Despite Net Metering Veto, West Virginias Solar Industry Close to Collapse February 28th, 2015 by Leon Kaye  Solar is about as popular in coal country as offshore oil drilling is in California, but despite a legislature hostile to renewables and fierce pressure from lobbying groups, West Virginia Governor Earl Ray Tomblin has vetoed controversial bill House Bill No. 2100. The bill would have required West Virginias Public Service Commission to set new rules on net metering that would have k...

Christian Coalition Pro Solar, Solar + Trains = Win?(Clean Power

Christian Coalition Pro Solar, Solar + Trains = Big Win… Clean Power Link Drop February 27th, 2015 by Zachary Shahan  In case our clean power news hasn’t kept you busy enough, below are a bunch more stories that you might like to read. Drop more in the comments if you have some. Solar Power Report: Solar Industry In North Carolina Boosting Overall Economy Christian Coalition: Solar Power Good For God and Country Trackside Solar Panels Could Save Network Rail 150m Conergy UK Spl...

Greg Hunt takes aim at rooftop solar standards as industry boss calls

The heavily subsidised solar industry appears set for a shake-up after Environment Minister Greg Hunt revealed his concern that 15 per cent of the 1.3 million rooftop systems in Australia are substandard.Mr Hunt has written to consumer affairs ministers in all states and territories, as well as solar industry leaders, insisting the number of unsafe and second-rate installations is too high.But the head of the Australian Solar Council, John Grimes, hit back, accusing Mr Hunt of mounting a "p...