Latest Solar power and photovoltaics News

Global expenditure on renewable energy projects to double by 2020

According to a new long-term projection model from Bloomberg New Energy Finance, annual global expenditure on renewable energy projects will increase from $90 billion (USD) in 2009 to $150 billion in 2020. The model shows that this will further increase to $200 billion by 2030 given current policy targets. The new findings apply the Bloomberg New Energy Finance Global Energy and Emissions Model GE2M, which is a long-term projection model cov... [more]

Larkfleet Group launches Lark Energy to provide affordable and sustainable heat and power

At a time of concern over climate change, volatile energy prices and uncertainty over future supply, Larkfleet Group has launched Lark Energy to provide affordable and sustainable heat and power to Larkfleet’s customers. Lark Energy will focus on developing cleaner, locally sourced energy for new and existing housing developments. This will include electricity and heat generated by the sun (photo-voltaic electricity and solar thermal), bioma... [more]

First Solar sells 30 MW photovoltaic solar power project to Southern Company and Turner Renewable Energy

First Solar, Inc. has sold a 30 megawatt (AC) photovoltaic solar power project to Southern Company and Turner Renewable Energy. Financial terms of the transaction were not disclosed. The Cimarron I Solar Project is adjacent to the Vermejo Park Ranch in northern New Mexico. First Solar developed the project and is providing engineering, procurement and construction (EPC) services. First Solar will also provide operation and maintenance services... [more]

SunEdison receives approval to construct a 72 Megawatt photovoltaic solar power plant in Northeastern Italy

SunEdison, a division of MEMC Electronic Materials, Inc. has received final approval from the Italian government to develop and construct a 72 Megawatt (MW) photovoltaic solar power plant in Northeastern Italy, near the town of Rovigo. When completed, this is expected to be the largest photovoltaic (PV) solar power plant in Europe. Power generation will begin in the second half of 2010 with final completion expected by year end. In the first f... [more]

Chevron Energy Solutions starts construction of solar project for East Side Union High School District

Chevron Energy Solutions, a unit of Chevron Corporation, and East Side Union High School District in San José, California, have announced the start of construction on a 3.7-megawatt solar project that is expected to provide more than $1.5 million in budget relief to the district’s general fund in the first year and $7.6 million over five years. It is anticipated that the project will reduce the district’s electric utility costs by 30 percent and ... [more]

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