Tag Archives: year
India Reports Record Year for Renewable Energy
Much has been made of the renewableenergy juggernauts that are China and the United States. Often lost in the conversation, though, is India which has had a record year for clean energy installations in 2009-2010. According to the Indian Ministry of New and Renewable Energy, Indiaadded 2.33 gigawatts of grid-connected renewable power between March2009 and [...]
Florida Solar-Power Plant to Generate 75 Megawatts This Year
Florida Power & Light’snewest solar-energy plant will have enough mirrors to cover 80 footballfields. But those mirrors will focus sunlight onto surfaces that add upto slightly less than the area of a single football field. That concentration of solar power will generate temperatures of more than700 degrees — hot enough to make electricity for 11,000 [...]
iSuppli Sees Big Growth In German Solar Installations This Year and Next
Street Insiderwas out with a research note from iSuppli todayforecasting big growth in solar leader Germany ahead of thefeed-in-tariff reduction in July which will have companies scrambling to complete installations. That’s not too much of a surprise, but thefirm also sees significant growth after the tariff reduction,particularly in rooftop solar systems. They are forecasting 6.6GW [...]
DuPont to Grow PV Sales Over 50% This Year
DuPont expects its photovoltaic sales to grow over 50 percent this yearas the solar industry experiences strong growth as a result of increased market demand for new installations in Europe, North America and partsof Asia. DuPont now expects its sales into photovoltaics toexceed $1 billion in 2011, which is a year ahead of plan, and [...]
SunPower Announces 3 Year, $350M Letter of Credit Facility $SPWRA
SunPower Corp., a Silicon Valley-based provider of high efficiency solar cells, solar panels, and solar systems, has signed a new three-yearletter of credit facility. The new facility, which initiallyprovides for a maximum issuance of $350 million in letters of creditbut, at the agreement of the parties, may be increased to a maximum of$400 million, will [...]
Sungevity and U.S. Bank Create $24 Million Fund for Ten-Year Solar Lease
OAKLAND, Calif., March 26 /PRNewswire-FirstCall/ — Sungevity, theleading online residential solar provider, announced today a newpartnership with U.S. Bancorp to finance solar systems for Californianhomes. U.S. Bancorp (NYSE: USB) is the parent of U.S. Bank, the fifth largest commercial bank in the United States. “We’re excited to partner with Sungevity on their solar leaseprogram,” said [...]
5 Reasons to Get a Solar Installer Quote Once a Year
If you’re visiting at Solar Power Rocks, you’re probably here because you’re curious about getting solar installed for your home or business. And yet, we know that a lot of people who visit our site meander away without ever checking to get a free solar quote, even though it’s, youknow…free. Well, here are 5 pretty [...]
Student Wins UK Young Engineer of the Year Award With Solar Trike
A 19-year-old student from west Wales has won the UK Young Engineerof the Year Award for a zero-emission trike that harvests solar energyon the move. The inventor, Shawn Brown, from Llanybydder inCarmarthenshire beat hundreds to win the prestigious competition. His “Solar Bike” is a bamboo-framed electric trike that was madeusing sustainable and reusable materials. The [...]
Solyndra Generated Over $100M in Revenue Last Year
Solyndra, the thin film solar startup that filed for an IPO back in December has updated its latest financialfigures for the fiscal year that ended January 2, 2010 in an amended S-1 filing on Tuesday. According to the document Solyndra brought in revenues of$100.47 million for the fiscal year that ended on January 2, 2010, [...]