The supply contract is Yingli America is its largest to date. Fluor Corp is leading EPC for the Centinela project in Imperial Valley, a region of Southern California that has become a hotspot for renewable energy development …
The Solana utility-scale concentrating solar power (CSP) project, capable of storing solar-generated electricity and delivering it in the evenings and at night in order to help meet peak demand, is 80% complete. A workforce of more than 2,000 is on site installing Solana’s 32,000 parabolic trough solar energy collectors, one of a range of benefits the project has brought to the Pheonix area …
Two CSP plants in Northern Cape Province will generate jobs, incomes, and tax revenue (as well as clean, renewable power), employing advanced energy storage and dry cooling technology to facilitate incorporation of more solar power into the grid. […]
News of bankruptcies and downsizing aside, investors continue to put money to work in the solar power market. Venture capital funding, debt financing, and solar project M&A all increased in Q2, while 13 new solar-focused, clean tech investment funds were announced, according to Mercom Capital’s Q2 report. […]
Abengoa’s Befesa industrial waste recycling division and its JV partner Silvermet are investing over $100 million to build two steel dust recycling plants that will produce valuable zinc oxide for export. […]
Abengoa’s Helios 1 solar thermal power plant went live this week, indicative of the leading, but compromised, role Spanish companies are playing in the fast-growing global renewable energy market. Nuclear and hydro power providers have been reaping the benefits of a flawed Electric Power Act that ties the rates they charge consumers to oil prices.
With Spain and the EU in the midst of an economic and financial crisis, geographic diversification has been a key to Abengoa’s continued success. To be one of the largest solar PV projects in the US, the 200-MW Imperial Valley solar PV facility will generate hundreds of local jobs and avoid 63,000 tons of CO2 emissions, as well as clean, renewable electricity. […]
A 500-MW solar complex at Ouarzazate, in the south-central region of Morocco, should be finished by 2015. The first phase will be a 160-MW parabolic trough facility. Photovoltaic modules and CSP towers will follow, and those projects are under development. When construction begins, hundreds of jobs are expected to be … [continued]
In a sign that wave and tidal stream renewable energy technology may be poised to come of age, Vattenfall, Europe’s sixth-largest power utility, Spanish multinational renewable energy developer Abengoa, and UK-based international engineering firm Babcock have joined to form Nautimus, a Scottish company that will provide engineering, procurement, integration and construction (EPC) services for utilities’ wave power and tidal stream projects. […]
Green job creation, as well as clean energy generation, is a focal point in evaluating 2nd-round bids for developing renewable energy projects in South Africa as the government aims for renewable energy resources to meet 42% of the nation’s electricity needs by 2030.
