27 July 2016 01:46 PM GMT

In addition to the $345 million raised in June and July, SolarCity’s capital markets team has raised more than $1.5 billion in project financing to date in 2016. Investment in rooftop and other small-scale solar is expected to attract $3.4 trillion over the next 25 years, according to Bloomberg New Energy Finance. The company is also evaluating how the installation of the smart inverters and battery storage systems for residential rooftop solar customers can enhance grid stability and power quality.

July 25th 2016
EON Advances Grid Stability With 10MW TEP Energy Storage Agreement

E.ON Climate & Renewables North America today announced it signed an agreement with Tucson Electric Power (TEP) to provide frequency response and voltage control from a grid-scale, 10(MW) battery energy storage facility with a 2 MW solar array. The Iron Horse Battery Energy Storage Project will be located adjacent to theUniversity of Arizona Science and Technology Park southeast of Tucson. The project is expected to be completed in the first half of 2017.

July 22nd 2016
Record Crowds Attend Intersolar and ees North America 2016

Intersolar North America, the most-attended solar industry event in North America, drew a record crowd of more than 18,000 from over 80 countries to its ninth annual exhibition and conference in San Francisco last week. Attendance was boosted by the co-located ees North America, an exhibition and conference dedicated to the energy storage market. ees added significantly to the event’s exhibitor base, with 41 percent growth over the previous year.

July 22nd 2016
EON Enables Digital Realty To Be 100% Clean Energy Powered

E.ON and Digital Realty, have announced a long-term agreement to procure energy from the Colbeck’s Corner Wind Farm. The agreement allows Digital Realty to offset 100% of its U.S. colocation and interconnection energy footprint. Colbeck’s Corner is a 200.48 MW wind farm located 37 miles east of Amarillo, Texas. It has 112 GE 1.79-100 turbines that can create enough electricity to power approximately 64,000 homes. E.ON has developed more than 3GW of wind projects in the US since 2005.

July 20th 2016
Vivint Solar And Renovate America Combine To Boost Rooftop Solar Access

Vivint Solar and Renovate America, the leading provider of residential Property Assessed Clean Energy (PACE) financing, are collaborating to expand access to rooftop solar for homeowners. By offering Renovate America’s HERO program as its PACE financing option, Vivint is enabling more homeowners to install solar systems. They can use HERO financing for Solar systems and pay for them over time through their local property taxes. Payments are made at a fixed interest rate for terms of 5 to 20 years, and the interest on the payments may be tax deductible.

GWEC_STATS_LB_171  
July 18th 2016
Efficiency Breakthrough In Conversion Of Solar Heat Into Usable Light

Since 1961, the Shockley-Queisser Limit has represented an absolute theoretical limit in identifying the efficiency of traditional solar cells in the conversion of energy. A single-layer cell made of silicon, used in the vast majority of today’s solar panels, has an upper limit of about 32 percent. Studies under way to identify whether multiple layers of cells lead to increased overall efficiency by a method known as solar thermophotovoltaics (STPV). In principle, this method of pairing conventional solar cells with added layers of high-tech materials would lead to doubling the theoretical limit of efficiency and double the power from panels.

July 18th 2016
Colbún, Total And SunPower Agreement Highlights Clean Energy Growth In Chile

Colbún S.A. recently announced the award of 15-year power purchase agreement to Total and SunPower for 500-gigawatt hours (GWh) of photovoltaic solar energy per year and the construction of a 164MW solar power plant. The award was selected from 13 competitive tender bids and submission of more than 20 power purchase agreement alternatives. Colbún is the second largest energy generation company in Chile and owns 23 power stations in its Central Interconnected System (SIC) and one in Peru (SEIN, through which it delivers 3,852MW of the installed capacity.

July 14th 2016
Energy Generation: IEA Finds Notable Growth In Renewables, Decline in Coal, Oil

The International Energy Agency (IEA) shared that energy generation from renewable energy sources grew by 16% across the 34 nations of the Organization for Economic Cooperation and Development (OECD) in 2015. A 1% decrease in combustible fuels was also noticed; such as coal, gas, and oil, as well as combustible renewables and waste energy sources.

July 12th 2016
Siemens And Pattern Combine For Major Wind Power Plant In New Mexico And Texas

Siemens (Wind Power and Renewables Division) has agreed with Pattern Energy Group LP to deliver, install and service a total of 141 wind turbines for the Broadview Wind project. The project combines two adjacent projects in New Mexico and Texas with a total installed capacity of 324 megawatts (MW). Siemens Financial Services Division will provide loans for the project totalling nearly $100m. The project is expected to supply about 180,000 average U.S. homes and Siemens is expected to commence installation this month.

July 5th 2016
Report: Renewables Can Supply All Of USA Power Needs

A new report lays out the reasons and means to alter the United States’s energy supply entirely to renewable energies. It examines the fall in wind and solar costs and the fact that solar growth has exceeded energy advocates’ expectations. It states that The United States has the technical potential to achieve its electricity needs more than 100 times over with solar energy and more than 10 times over with wind energy. Detailed studies on clean energy systems have shown that there are no obstacles in achieving a move to 100% renewable energy; it is entirely possible to make a complete transition at a cost that would be comparable or less than is currently spent on dirty energy.

July 1st 2016
Sunnova Energy Secures $175m From Goldman Sachs In The Growing US Solar Economy

The capital secured with Goldman Sachs ensures Sunnova’s continued growth in the US residential solar market and the company will use the funds for its expansion plans. It has a strategy of partnering with local installers to invest in assets, in order to provide affordable solar power, while creating job opportunities across the US. CEO John Berger stated, “our focus on profitable, scalable growth and a well-capitalised company has established Sunnova as a clear leader in the rapidly growing solar economy and Goldman Sachs’ financing will allow us to continue… bringing consumers a cost-effective, clean choice for their electricity.”

  1. Pages:
  2. 1
  3. 2
  4. 3
  5. 4
  6. 5
  7. 6
  8. 7
  9. 8
  10. 9
  11. ...
  12. 49