Month: March 2010

Enbridge, RES team up on 2nd wind farm

Enbridge Inc (ENB.TO) and RES Americas said on Wednesday they plan to build their second wind energy farm in Ontario, a C$275 million ($270 million) project on the north shore of Lake Superior, Enbridge, best known as Canada’s second-largest pipeline operator, and RES, which has renewable energy projects in the United States, Canada, Mexico and… Read more »

Enphase Energy Closes $40 Million in Financing

Enphase Energy, the leader in solar microinverter systems, today announced that it has secured $40 million in funding, with Bay Partners leading the equity financing. This round of financing also includes participation from Horizon Technology Finance, Bridge Bank (NASDAQ: BBNK) and existing investors Third Point Ventures, RockPort Capital Partners, Madrone Capital Partners and Applied Ventures… Read more »

Phaesun Offgrid-Specialist sponsors solar lamps and energy store for world record attempt in LEGOLAND® theme park in Germany

The Australian marine biologist Lloyd Godson is going to start a spectacular attempt to set a new world record in the Bavarian LEGOLAND® theme park in Germany today. For a fortnight, the adventurer will stay in a 4m² under water home without coming up to surface. With 2.500 watt hours, Godson will try to generate… Read more »

Applied Materials Details Plans for Growth at Analyst Meeting

Applied Materials, Inc., the global leader in Nanomanufacturing TechnologyTM solutions for the semiconductor, flat panel display and photovoltaic (PV) solar industries, today held an analyst meeting to outline its plans for growing revenue and profitability over the next several years. Applied’s executive team shared the company’s goals of capitalizing on an expected multi-year expansion in… Read more »

Upsolar Receives Very Good From German Ko Test Magazine

Following the independent testing results of the German magazine Öko-Test (April 2010), China based Upsolar was rated “very good” among 15 international solar photovoltaic suppliers. Only 4 companies obtained a “very good” rating, and Upsolar was the only one of 7 Chinese companies to achieve this. This is major achievement for Upsolar and reflects the… Read more »

Putting Wind Generated Power Where Its Needed

The national push for more wind turbine-generated electricity could turn Illinois into a transmission hub. “Illinois is the crossroads. Historically, whether it’s rails, shipping, travel, O’Hare airport, it’s a geographical midpoint, or hub, positioned for all things moving west to east,” said Thomas O’Neill, chief operating officer at Chicago-based Exelon Transmission Co., a unit of… Read more »

Spain’s T-Solar considers IPO to build plants abroad

Spanish solar energy producer T-Solar said on Monday it was considering listing its shares on Spain’s small and mid-cap index in the next few months to fund the building of more plants abroad. The announcement comes after travel booking firm Amadeus said March 23 it would carry out an initial public offering in the first… Read more »

Siemens to build UK wind turbine plant

The government will receive another boost to its green manufacturing momentum this week when Siemens of Germany announces plans to create hundreds of jobs in Britain and invest more than £75m in a new wind turbine plant. The move comes despite claims made today by the EEF, the manufacturers’ organisation, that the UK tax system… Read more »

Applied Materials to Host 2010 Analyst Meeting

As previously announced, Applied Materials, Inc. will hold its 2010 Analyst Meeting on Tuesday, March 30, 2010 in New York, NY. Presentations by Applied’s management team will begin at 1:00 p.m. ET (10:00 a.m. PT) and conclude by approximately 4:30 p.m. ET (1:30 p.m. PT). The presentations will include discussions of Applied’s products, business environment,… Read more »

Rickmers Group takes delivery of its 102nd vessel

On 22 February a special milestone was reached by the Rickmers Group with the delivery of the 4900 vehicle capacity pure car/truck carrier (PCTC) Vany Rickmers to its owners. She brings the Rickmers fleet up to 102 vessels. The 100 ship mark was passed in December 2009 with the delivery of the 4,250 TEU containership… Read more »

China steams ahead on clean energy

China overtook the US during 2009 to become the leading investor in renewable energy technologies, according to a new analysis. Researchers with the Pew Charitable Trusts calculate that China invested $34.6bn (£23.2bn) in clean energy over the year, almost double the US figure. The UK emerges in third place among G20 nations, followed by Spain… Read more »

GE Announces Major European Offshore Wind Expansion

GE (GE 18.39, +0.09, +0.49%) today announced plans to invest approximately EUR340 million to develop or expand its wind turbine manufacturing, engineering and service facilities in four European countries–the United Kingdom, Norway, Sweden and Germany–signaling GE’s deep commitment to the promising European offshore wind sector. “Offshore wind will play a vital role in meeting the… Read more »

China tops USA in spending on clean energy

China is emerging as the world’s clean-energy powerhouse, according to a new study by The Pew Charitable Trusts.Last year, China spent more than any other major country on clean energy, including wind and solar, toppling the U.S. from the top spot for the first time in five years, the Pew report says. The U.S. is… Read more »

Global Solar Energy Expands Management Team with Jean-Noel Poirier

Global Solar Energy, Inc., a leading manufacturer of high-efficiency Copper Indium Gallium diSelenide (CIGS) solar material and the only company in large scale production of CIGS on a flexible substrate, today announced Jean-Noel Poirier as the company’s new vice president of marketing and business development. Mr. Poirier will lead Global Solar’s sales, marketing, business development… Read more »

Swiss inverter manufacturer Sputnik Engineering creates subsidiary for international sales

On 1 April, at its headquarters in Biel , the Swiss inverter manufacturer Sputnik Engineering AG will launch a new subsidiary, Sputnik Engineering International AG. In future, the new subsidiary will be responsible for sales, service and customer advisory services in all those countries which do not yet have a Sputnik branch location. This does… Read more »

7th Wind Power Asia set on promoting sustainable energy development in China

7th Wind Power Asia set on promoting sustainable energy development in China Stronger political and trade support, preliminary conference program unveiled. The 7th Wind Power Asia will focus on technological and political solutions to promote renewable energy and synergize with the central government’s directive for a low carbon technology driven economy as announced at the… Read more »

Solar Energy Initiatives, Inc. Announces Second Quarter 2010 Results Conference Call

Solar Energy Initiatives, Inc. (SNRY 0.21, -0.01, -2.38%) , with businesses in solar project development, distribution and workforce training, today provided a reminder that the Company will host a conference call on Wednesday, March 24, 2010 at 4:30 p.m. Eastern Daylight Time to discuss the Company’s Second Quarter 2010 Financial Results. Conference Call Details Date:… Read more »

Energy and climate to dominate European Council agenda

Tomorrow, energy will top the agenda when EU Heads of State meet in Brussels to discuss a new European strategy for jobs and growth, and to follow-up on the failed Copenhagen conference on climate change. The European Wind Energy Association (EWEA) urges the Council to adopt vitally important energy commitments in the proposed ‘2020 strategy’… Read more »

Semi-Annual Changes to the NASDAQ OMX Clean Edge Global Wind Energy Index

The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) and Clean Edge, Inc. announced the results of the semi-annual evaluation of the NASDAQ OMX® Clean Edge® Global Wind Energy Index (Nasdaq:QWND), which will become effective with the market open today. The following two securities will be added to the Index: China Longyuan Power Group Corporation Limited (916 HK)… Read more »

Proprietary thermal technology enhances PV tabbing and bussing soldering results

A thermal technology that will produce and maintain a specific, self-regulated temperature with a heater that requires no calibration and responds directly to thermal loads has been applied to PV tabbing and bussing applications with measurably improved results. . Uniquely available from OK International (www.okinternational.com) the proprietary SmartHeat® Technology consists of a high frequency alternating… Read more »

OPDE starts up innovative Control Centre to manage solar farm operation in real time

The OPDE group-dedicated to the promotion, development, construction and operation and maintenance of solar photovoltaic plants, has launched at the RÍOS company-part of the Group, a new Data Control Centre at its headquarters in Fustiñana (Navarra) from where it is possible to monitor and manage in real time, all the inverters and trackers on solar… Read more »

6th New Energy ended today with record visitor numbers

250 exhibitors from 14 countries, 17,000 visitors from 30 nations 30 (2009: 15,500 visitors), sold out congress events, numerous political delegations from Germany and abroad, and the extremely successful world summit on small wind turbines firmly established this year’s New Energy Husum as the leading international trade fair for the small wind industry, and also… Read more »

Wind Energy Investment of $65 Billion May Curb Fossil Fuel Use

China WindPower Group Ltd., Iberdrola SA and Duke Energy Corp. will lead development of an estimated $65 billion of wind-power plants this year that let utilities reduce their reliance on fossil fuels. The estimate from Bloomberg New Energy Finance assumes a 9 percent increase in global installations of wind turbines this year, adding as much… Read more »

European Wind Site Developer and Wild Brush Energy Sign Commercial Scale Wind Farm Agreement

Wild Brush Energy (PINKSHEETS: WBRE) and Energoconsult Ltd. have established a cooperative agreement towards the future development of a commercial scale Wind Farm, up to 120Mw in size. Energoconsult’s signing is essential for the assessment of crucial wind measurement data, site planning and analysis forecasts vital for maximum wind farm productivity. Energoconsult Ltd. performs research,… Read more »

Suntech Selected to Power Taiwan’s Largest Solar Power Plant

Suntech Power Holdings Co., Ltd. (NYSE: STP), the world’s largest producer of crystalline silicon photovoltaic modules, will supply solar panels for what will be the biggest solar power plant in Taiwan. Owned and operated by the Taiwan Power Company, and developed by Fortune Electric Co., Ltd., the new 4.7MW solar plant in Young’an, Kaohsiung, Taiwan,… Read more »

Eco group files lawsuit to halt REC’s U.S. plant

An environmental group has filed a U.S. lawsuit seeking to halt the construction and start-up of Renewable Energy Corporation’s (REC) (REC.OL) silicon plants in Moses Lake, Washington, the group said in a statement. Norway-based solar energy components producer REC, which took analysts and investors on a tour of its Moses Lake facility on Tuesday, was… Read more »

Boralex gets $194 million loan for Ontario wind farm

Boralex Inc (BLX.TO: Quote) has secured financing of C$194.5 million ($191 million) for the construction and operation of its Thames River wind farm in southern Ontario, the Canadian renewable energy producer said on Monday. The funds will be used to finance the second phase of the 90-megawatt wind farm and to refinance Phase 1. The… Read more »

Aquamarine Power and SSE Renewables secure exclusive rights to develop 200MW Brough Head wave farm

A joint venture partnership between Aquamarine Power and SSE Renewables has today [Tuesday 16 March] been granted exclusive development rights to an area of the seabed off the coast of Orkney as part of the world’s first commercial leasing programme for wave and tidal energy generation projects. The partnership has been granted an agreement for… Read more »

Chinas Solar Industry Maintains Positive Growth Momentum

The technology group, The Linde Group, and its subsidiary, Linde LienHwa (LLH), jointly announce today several long-term gas supply contracts with leading Chinese solar manufacturers. The multi-million US dollar contracts will see Linde supplying to the full solar manufacturing value chain in China, from polysilicon to major solar module manufacturers, including GS Solar, Parity Solar,… Read more »

Solar energy firms seen vulnerable – Barron’s

Shares of a number of solar energy companies have become vulnerable as the Obama administration has turned out to be a lot less lucrative for green investors than originally hoped, Barron’s said. “For the industry, 2009 wasn’t just disappointing; it was a nightmare,” the weekly business newspaper said in its March 15 edition. Companies whose… Read more »

Things are looking bright for top solar-power stocks

Solar-energy stock prices have been falling for about two years. Once viewed as the newest and greenest energy source, solar power has become less popular with investors. They gradually realized that it is far from competitive with conventional energy sources on price, and that it accounts for less than 1 percent of U.S. electricity generation.Now,… Read more »

London landmark building will generate 8% of its energy needs

Peering down 148 metres from the top of the latest addition to London’s skyline, the traffic-clogged Elephant and Castle roundabout and its notorious neighbour, the Heygate estate, below feel an unlikely location for a world first. But next week, this new skyscraper, nicknamed “the Razor”, will take a crucial step towards becoming the world’s first… Read more »

New issue – new staff? Five tips for renewables recruiting

So, with a new issue of PES going to press and a new financial year in the offing, is it time to boost your business with some new recruits? We asked Adam Grainger (Global Head of Energy and Engineering, Networkers International) to give our subscribers his five top tips for identifying quality candidates. 1) Identify… Read more »

Applied Materials Expands Display, Solar Equipment Manufacturing Capability in Taiwan

Applied Materials, Inc., the world’s largest supplier of equipment to the semiconductor, flat panel display (FPD) and solar photovoltaic (PV) industries, today announced the opening of its newly expanded Tainan Manufacturing Center in Tainan, Taiwan. The nearly 15,000 square meter facility will enhance Applied’s capability to serve its FPD and thin film solar PV customers… Read more »

Va. gov McDonnell signs offshore energy bills

Gov. Bob McDonnell signed into law Wednesday offshore drilling legislation intended to realize his goal of making Virginia the East Coast’s energy superpower. The bills supporting offshore oil and gas exploration and directing royalties from drilling back to Virginia each hinge on actions by the federal government and Congress. Interior Secretary Ken Salazar is expected… Read more »