Global solar technology manufacturing company and developer SunEdison has announced that it will benefit from a $175 million solar energy development fund, funded by a unit of JPMorgan Chase & Co. and TerraForm Power. According to the press release, JPM Capital Corporation will invest up to $75 million into the solar energy … [continued]
Two Canadian pension funds have announced an agreement with Spanish banking giant Banco Santander to jointly acquire a portfolio of renewable energy and water infrastructure assets which is valued at over $2 billion. The pension funds, Ontario Teachers’ Pension Plan and the Public Sector Pension Investment Board (PSP Investments) will … [continued]
China has no time to waste in mitigating air and water pollution, nor doing its part to cut global warming emissions. To help address these issues, China came up with a significant plan to adopt 5 million electric cars. The issue now is how to supply enough charging stations to fuel the … [continued]
Danish wind energy giant DONG Energy announced Monday that it had completed the divestment of its onshore wind energy holdings, allowing the company to now focus solely on offshore wind energy. DONG Energy agreed Monday to divest its shareholding in the Swedish onshore wind farm Storrun, a 30 MW wind farm which … [continued]
A 1 MW tidal stream turbine installed off the Orkney Islands in Scotland at the European Marine Energy Centre surpassed 1 GWh of electricity generated earlier this month, going a long way to proving that tidal energy, if not all marine energy sources, is worth the trouble. The site’s developer, Alstom, … [continued]
The leading French nuclear energy company Areva is transitioning rapidly into offshore wind energy and other renewables, despite the global oil price crash.
Originally published on ABB-Conversations. In every endeavor, there has to be a first: The first person in space, the first man on the moon, the first to stand atop the highest mountain in the world. For Germany’s offshore wind industry, it was the pioneering Alpha Ventus installation off the coast … [continued]
After a slew of acquisitions in the thin-film solar power technology market, Hanergy is now taking steps to add them into its existing production infrastructure. The latest news is that thin-film solar module manufacturer Hanergy Thin-Film Power Group Limited plans to establish a 300 MW flexible CIGS manufacturing facility in Changde, which … [continued]
Yingli Green Energy Holding, the world’s largest photovoltaic modules manufacturer, has recently announced that its wholly owned subsidiary Yingli Green Energy Singapore Company Pte. Limited (Yingli Singapore) has signed a memorandum of understanding (MoU) with Huawei, Solventina Solar Energy, and Kasikornbank to provide turnkey solar power solutions for power plants … [continued]
As if we needed any more convincing of how harmful pollution from tar sands oil production is, a new finding has indicated that the potential climate change emissions have increased by 5 times for the top 20 public companies working in that sector. Processing tar sands produces quite a bit … [continued]
