Buffet Company Buys Topaz Solar Farm

News that investment guru and world’s top-five ranked richest man Warren Buffett and Berkshire Hathaway have scooped up Topaz Solar Farm – reportedly for a song – has pushed the tale of Topaz back into the headlines.

Electricity Prices To Rise 37% – Solar Power Only A Bit Player

A report from the Australian Energy Market Commission (AEMC) estimates residential electricity prices are projected to jump by 37 per cent in nominalterms on average by 2014. Home solar power is yet again being made a scapegoat by some media outlets, but its contribution to the overall jump in electricity costs will be minor.

Nanotech Improves Organic Solar Cell Efficiency

Researchers from Yale University say improvements they have made to solar cell efficiency levels could result in less expensive, more efficient solar power systems and encourage broader use of clean energy technology.

Suntech Awarded Gigaton Prize

Suntech Power Holdings Co., Ltd. (NYSE: STP) has been awarded the 2011 Gigaton Prize for its part in reducing carbon emissions around the world.

Fukushima Nuclear Disaster Could Cost $257 Billion

According to a report from Reuters, based on data from the Nikkei, it’s been estimated cleaning up after the Fukushima nuclear disaster and compensation costs could be as high as 20 trillion yen – USD$257 billion.