The cost of making silicon-based wafers for solar energy applications could be cut in half, according to a company that’s just won a $150-million loan guarantee from the US Department of Energy (DOE). 1366 Technologies says it could produce 700 to 1,000 megawatts (MW) of silicon-based wafers per year,... Read more
MEMC Electronic Materials has completed its acquisition of Fotowatio Renewable Ventures US (FRV US), boosting its portfolio of US-based solar energy projects up to as much as 1.4 gigawatts (GW), once a number of projects in development are finished. MEMC, together with its solar energy subsidiary SunEdison, purchased the... Read more
The US Department of Energy (DOE) will send more than $145 million to dozens of projects across the country focused on speeding up advances in solar energy technologies. Funding will go to 69 projects in 24 states aimed at increasing efficiency, lowering costs and improving materials, manufacturing processes and... Read more
What was planned as the world’s largest solar energy facility will now rely on photovoltaics rather than concentrating solar power to generate electricity. Solar Trust of America says it plans to convert the first 500-megawatt (MW) phase of the Blythe Solar Power Project from concentrated solar power (CSP) to... Read more
Pacific Gas and Electric Company (PG&E) has inked a 25-year deal to buy 150 megawatts (MW) of renewable power from Sempra Generation’s Copper Mountain Solar complex in Boulder City, Nevada. Photovoltaic solar module producer First Solar will provide the ground-mounted thin film panels for the project, and will also... Read more
Construction has started on what’s expected to be one of the largest solar installations in Hawaii, as well as one of the largest solar-powered communities in the US. The Hickam Communities/SolarCity project aims to provide 4 megawatts of power to more than 2,000 military family homes at Joint Base... Read more
Insurance group Munich Re and investment firm Kohlberg Kravis Roberts & Co. (KKR) have acquired a 49-percent equity stake in Grupo T-Solar, the largest solar photovoltaic (PV) power generator in Europe. The assets acquired in the deal include 42 PV plants — 34 in Spain and eight in Italy... Read more
A 2.5-megawatt solar carport is the latest advance in reinsurance giant Munich Re’s quest to make its worldwide operations carbon-neutral by 2012. San Jose-based SunPower will design and build the solar panel system that will go onto a carport structure at Munich Re’s facility in Plainsboro, New Jersey. Once... Read more
GE and Germany’s Gehrlicher Solar plan to build a series of solar power plants around the world. The two companies have already begun construction on one of their first joint projects, a 1-megawatt (MW) solar park in Aschheim, German. Being planned and built by Gehrlicher Solar, the plant will... Read more
Google and SolarCity have launched a $280 million fund to help bring solar power to residential customers. It’s Google’s largest investment to date in the clean-energy sector, as well as the largest residential solar fund ever created in the US. It’s also the 15th project fund for SolarCity, which... Read more