Report: The Economics Of Load Defection
A new report released by Rocky Mountain Institute (RMI) says solar-plus-battery systems will be the most economic residential electricity solution in three of the five US regions studied within the next 10–15 years. In its report last year, Economics Of Grid Defection, RMI predicted solar and energy storage grid parity will likely arrive before 2030 […]
Duke Energy’s 500MW Solar Plan
U.S. solar developer Duke Energy has announced a long-term vision for expanding Florida’s clean power capacity, with a plan to add up to 500 MW of utility-scale solar energy in the Sunshine State by 2024. The company’s 2015 Ten-Year Site Plan, which was filed with the Florida Public Service Commission (FPSC), calls for huge additions […]
Sungrow and Aliyun Team Up
Leading solar inverter manufacturer Sungrow has partnered with Alibaba Group’s cloud computing unit Aliyun (or AliCloud) to combine solar power stations with cloud services around the world. According to WantChinaTimes, Ali Cloud will enable solar facilities constructed by Sungrow to perform ” intelligent management and maintenance” around the world through the provision of big data […]
300,000 Trina Solar Panels To Power Solar Farm In Japan.
GE Energy Financial Services announced last week it had partnered with Virginia Solar Group to jointly invest equity in a 96.2-megawatt solar farm in Japan, powered by Trina Solar modules. This will be the third occasion GE Energy Financial Services and Virginia Solar Group subsidiary Pacifico Energy have partnered to construct a solar power facility […]
Obama Announces Additional Support For Solar Jobs
While visiting Hill Air Force Base in Salt Lake City, Utah late last week, US President Barack Obama spoke about the importance of employment in the clean energy sector. The President pointed out the USA is now generating twenty times more solar electricity than when he took office and the solar industry is adding jobs […]
The Bahamas Boosting Solar
The Government of the the Bahamas has announced it will be developing more than 20 MW of solar power generation across its outer islands, also known as the Family Islands. During a recent meeting with representatives from the Carbon War Room (CWR) and the International Renewable Energy Agency (IRENA), the Bahamian Government committed to implementing […]
7.5MW Solar Farm For Burundi
Project developer Gigawatt Global has announced the signing of two international grants to build a 7.5 MW solar field in Burundi, a nation where just four per cent of people have access to electricity. The agreement secures nearly one million dollars in funds from the U.S. Trade and Development Agency’s (USTDA) Power Africa Initiative and […]
Global Renewables Investment Increased 17% In 2014
After two years of declines, global investments in renewable energy bounced back strongly last year according to UNEP’s 9th annual Global Trends in Renewable Energy Investment report. Prepared by the Frankfurt School, the report states renewables investment registered a 17% increase to USD $270 Billion in 2014. China led the way with a record $83.3 […]
SunEdison & Terraform Interconnect 26MW Of Solar Projects
SunEdison, Inc. (NYSE: SUNE), and its yieldco, TerraForm Power, Inc. (Nasdaq: TERP), have announced the interconnection of four solar power stations in North Carolina. TerraForm will sell the electricity generated by the solar facilities, which have a collective capacity of 26 megawatts, to Duke Energy Progress via 15-year Power Purchase Agreements. “It’s very exciting to […]
California Sets Record For Utility Scale Solar Electricity Generation
California has become the first state in the USA to produce more than five per cent of its annual electricity from utility-scale solar power. The state generated a record 9.9 million megawatt hours (MWh) in 2014 – more than all other U.S. states combined. Figures contained in a new report from the USA’s Energy Information […]
