U.S. Wind Turbine Market to be Driven by Decarbonization Targets and Favorable Regulatory Directives
Global wind turbine market players recently witnessed a path-breaking announcement by energy giant GE, regarding the deployment of the most powerful offshore wind turbine called the Haliade-X in 2021. The deployment of the 12-megawatt wind turbine is expected to put GE in the leading position in the offshore wind turbine market as the new wind turbine will be capable of generating 45% more electricity than the current largest offshore wind turbine. Incidentally, GE Renewable Energy will be in...
China’s Solar Subsidy Cuts will Help US Developers to Revive Projects and Jobs, says GlobalData
The move by China in May this year to slash subsidies for domestic utility-scale solar projects will ultimately benefit developers in the US who rely on imported solar panels to revive projects and jobs, says GlobalData, leading data and analytics company. Solar power developers in the US have been struggling since early 2018 due to two separate policy decisions announced in the US and China. In January 2018, the US government imposed tariffs of 30% on imports of solar products to safeguard t...
CGN EE Choose Greenbyte Energy Cloud for 900 MW of Wind and Solar Energy
CGN Europe Energy has chosen renewable energy management system Greenbyte Energy Cloud for their wind and solar PV farms. Greenbyte will be integrating CGN EE’s wind and solar assets in Europe and Africa, amounting to a total of 900 MW, and the collaboration will be ongoing for CGN EE’s future investments. The French-based and Chinese-owned company is managing a portfolio of 130 wind and solar farms in the UK, Ireland, France, the Netherlands, Senegal and Belgium and continues to grow on and...
Nevada Business Coalition Launches in Support of Clean Energy, Releases Report Showing Falling Cost of Renewables is Powering Our Economy
Las Vegas — Businesses supporting the economic power of clean energy in Nevada released a report Friday showing the falling cost of renewables has driven investment and innovation in the state and nationwide. Clean Energy Works for Nevada, a coalition of businesses and advocates, launched this week in support of a strong clean energy economy. In “Powering Nevada: How Declining Costs Are Powering Our Clean Energy Economy,” the group notes that Nevada solar is some of the cheapest energy in th...
Sun Investment Group Predicts Solar Power Will Help Reduce European Power Outages in Coming Years
October 11, 2018. The European Commission recently announced that the Greek Island of Tilos will become the first Mediterranean island in the European Union to be autonomously powered by renewable energy thanks to an advanced Lithium ion battery system, which is driven by an 800Kw wind turbine and a solar park. A popular holiday destination, the population of Tilos swells from around 400 during the winter to approximately 3,000 in summer months. Its current electricity supply is partiall...
Renewable Energy Set for Boost in Spain As Government Suspends Controversial 7% Solar Power Tax
The recently elected Spanish government is set to suspend the country’s controversial 7% solar tax, as it seeks to move towards renewables and lower the cost of electricity bills for families with solar panels fitted to their homes. The ‘sun tax’ is one of the most controversial laws in Spain and was implemented by the previous government of Mariano Rajoy in 2012. It has drawn criticism because it charges Spanish homes fitted with solar panels with an additional tax of 7% to remain conne...
50 US Schools Ready to 'Go Solar' to be "Buddied Up" with Schools Already Using Solar Energy
WASHINGTON, D.C. – How do you encourage more schools to go solar when so many school administrators are unsure about the process, time frame and costs? The “Solar Schools 2025” initiative of the nonprofit Renewable Nation thinks it has the answer: by using the “buddy system” to pair up schools eager to go solar with schools that already have gone solar. Today, Solar Schools 2025 announced that it is seeking 50 K-12 schools across the United States that it can “buddy up” with schools that alre...
SolarReserve Flags Heliostat Deal with Local Manufacturer for South Australian Project
An artist's impression of the Aurora plant to be built by SolarReserve in South Australia. Global solar thermal company SolarReserve is working on a deal with Heliostat SA to build more than 12,800 tracking mirrors for its 150MW Aurora project in South Australia. The agreement will utilise skills and technology initially developed in South Australia for the automotive industry. SolarReserve today announced a Memorandum of Understanding with Heliostat SA for the development of...
SunShare Secures $11 Million in Construction and Term Financing
MICHAEL, Minn. – SunShare, the nation’s pioneer in community solar, has secured $11 million in construction/term project financing from ANB Bank for the construction of 8.2 MWdc of community solar gardens in Minnesota. Construction has begun on the SaintSun (6.9 MWdc) and ZumbroSun (1.3 MWdc) projects in Saint Michael and Zumbro Falls, MN, and they are expected to reach mechanical completion starting in October 2018. “We’ve been building community solar gardens for almost a decade to make so...
Solar Energy Might Become EU’s Fastest-Growing Energy Source by 2020 Due to Elimination of Tariffs on Imported Chinese Solar Panels
Following the European Commission’s decision to lift trade tariffs on the import of solar panels from China, Europe’s energy experts have described the block’s decision to end the trade war with Beijing as a “watershed moment for European solar energy.” In 2013 the EC imposed tariffs of up to 64.9% on the original price of solar panels imported from China, after accusing Beijing of selling subsidised panels below cost in Europe. The tariffs were imposed to protect European solar panel ma...