A few days before Danish wind energy giant DONG Energy announced that it had finally divested itself of all onshore wind energy projects, the company announced that it would push forward with the Burbo Bank Extension wind project. The Extension will add a further 258 MW to the existing 90 MW Burbo Bank … [continued]
Norway’s state-owned power company Statkraft announced earlier in the month that it intends to invest heavily in renewable energy both in Norway and abroad, to the tune of 60 billion kroner, or just over $8 billion USD. The announcement comes following the Norway Government’s decision to bolster the energy company’s equity … [continued]
One of India’s biggest integrated power companies, Tata Power, is partnering with the state-run Russian Direct Investment Fund (RDIF) to invest a total of $1 billion into various solar/renewable energy projects to be developed across Russia, according to recent reports. Tata Power, will be responsible for half of that investment … [continued]
A prominent Chinese billionaire, in partnership with one of the country’s top sportswear brands, will be making a pretty substantial investment of about $140 million into the noted solar energy project developer SPI Solar, according to recent reports. Said billionaire — the founder of the online gaming firm Giant Interactive … [continued]
The ongoing growth of distributed renewable energy generation throughout the US and Europe will see utility-company revenues reduced by as much as $123 billion a year by 2025, according to a new report from the consulting company Accenture. That new report — titled the Digitally Enabled Grid report — clearly states that … [continued]
With an aptitude for expertise that may match Tesla CEO Elon Musk, an equally young (2 years younger, actually) and motivated Chinese technology billionaire plans to surpass Tesla Motors by venturing into the production of electric cars in China, via his tech company, Leshi. His goal is not simply more money … [continued]
Want to know why 2014 was such a watershed shed year for utility-scale solar PV in the US? Well you need look no further than the graph that we’ve posted below, as it really says practically everything that needs to be said. As you can see, the ongoing drop in … [continued]
There will soon be a new company claiming the title of largest solar cell manufacturer in the world, thanks to the recently announced upcoming merger of Hanwha SolarOne Co, Hanwha Solar Holdings Co, and Hanwha Q CELLS Investment into a single entity. The merger will see the creation of a … [continued]
One of the top residential solar energy system providers in the US, Vivint Solar, is aiming to continue its expansion throughout the nation, according to recent reports. The current plan will see more than 20 new sales and operations offices opened up in 2015, with said plans first beginning in … [continued]
The prominent flexible thin-film solar cell module developer/manufacturer Ascent Solar Technologies recently came to an agreement with Best Buy that will see the company’s EnerPlex™ line of products available on the retail company’s website, effective immediately. The move represents a notable step in the growing mainstreaming of solar energy technologies. Given … [continued]
