Power REIT's Preferred Stock Offering: A Hedge That Pays 7.75%

Monday, 2.24.2014 - 18:04 (Renewable Energy World)

Several smart money managers I know are excited by the heads-I-win, tails-I-win big opportunity offered by Power REIT’s (NYSE:PW) attempt to foreclose on its railroad lease with Norfolk Southern Corporation (NYSE:NSC) and Wheeling and Lake Erie Railway (WLE). I know this because I’m one of them, and I’ve talked to others about it. Others aren’t quite so sure. Read more

Suntech Power Holdings starts Chapter 15 proceedings in US

Monday, 2.24.2014 - 11:36 (PV-Tech)

As expected, Suntech Power Holdings has officially started Chapter 15 proceedings in the US as it seeks protection from some of its bondholders already applying for the company to be forced in Chapter 7 bankruptcy proceedings, which would effectively dissolve the company. Read more

Peak California utility-scale solar generation jumps again to over 3.6 GW, new CSP record of 416 MW

Monday, 2.24.2014 - 23:59 (Solarserver)

California continues to blow through records for peak utility-scale solar photovoltaic (PV) and concentrating solar power (CSP) output, despite at least one unit being offline at the Ivanpah CSP plant. Combined utility-scale PV and CSP generation hit 3.605 GW at 1:09 PM on Friday February 21st, 2014. Read more

SolarCity caps year of strong growth with record deployments in Q4 2013

Monday, 2.24.2014 - 23:54 (Solarserver)

SolarCity Corp. (San Mateo, California, U.S.) more than doubled the number of its cumulative energy contracts to 83,300 in 2013, according to selected financial results for the fourth quarter and full year 2013. SolarCity deployed a record 103 MW of solar photovoltaic (PV) systems during the quarter, to reach 567 MW deployed, as well as booking another 101 MW. Read more

30MW solar farm in works for old RAF base in north east Scotland

Monday, 2.24.2014 - 18:25 (Solarpowerportal)

Early-stage plans to develop a 30MW solar farm on the site of an old airbase in the north east of Scotland have been revealed. Read more

Eco Environments experiencing mini boom ahead of FiT degression

Monday, 2.24.2014 - 18:05 (Solarpowerportal)

Eco Environments has reported a record number of solar PV enquiries since Ofgem confirmed that the feed-in tariff for all Read more

Peak California utility-scale solar generation jumps again to over 3.5 GW, new CSP record of 416 MW

Monday, 2.24.2014 - 17:23 (Solarserver)

California continues to blow through records for peak utility-scale solar photovoltaic (PV) and concentrating solar power (CSP) output, despite at least one unit being offline at the Ivanpah CSP plant. Combined PV and CSP generation hit 3.506 GW at both 1 PM and 2 PM on Friday February 21st, 2014. Read more

LDK Solar threatening bondholders with offshore insolvency

Monday, 2.24.2014 - 16:55 (PV-Tech)

The drawn-out period of forbearance agreements between LDK Solar and US bondholders looks over and the heavily indebted PV manufacturer could start insolvency proceedings in the Cayman Islands should bondholders not agree on a settlement. Read more

Exclusive: Ofgem confirms solar hybrid systems not eligible for domestic RHI

Monday, 2.24.2014 - 16:33 (Solarpowerportal)

Solar photovoltaic/thermal (PV-T) installations will not be able to claim the domestic renewable heat incentive (RHI) when it launches in Spring, Ofgem has confirmed to Solar Power Portal. Read more

pvXchange warns of danger to European solar PV market

Monday, 2.24.2014 - 16:18 (Solarserver)

Citing cuts to feed-in tariff levels, pvXchange GmbH (Cologne, Germany) has warned of a renewed collapse in the European solar photovoltaic (PV) market. PvXchange's Martin Schachinger notes that while feed-in tariff levels are degressing, PV component prices have stabilized or are increasing, leading to reduced system profitability. Read more

New Year Off To Hot Start For U.S. Solar Industry

Monday, 2.24.2014 - 14:40 (Renewable Energy World)

With the coldest winter in two decades gripping much of the country this year – and wild price swings for natural gas rattling the markets, not to mention American consumers – it’s easy for many people to overlook the “hot start” in 2014 for solar energy. But so far this year, it’s been good news followed by even more good news for the U.S. solar i Read more

New Year Off to Hot Start for US Solar Industry

Monday, 2.24.2014 - 14:40 (Renewable Energy World)

With the coldest winter in two decades gripping much of the country this year – and wild price swings for natural gas rattling the markets, not to mention American consumers – it’s easy for many people to overlook the “hot start” in 2014 for solar energy. But so far this year, it’s been good news followed by even more good news for the U.S. solar i Read more

SunEdison completes 16.4MW solar plant for US Air Force

Monday, 2.24.2014 - 13:01 (PV-Tech)

Solar manufacturer and developer, SunEdison, and subsidiary of Macquarie Infrastructure, MIC Solar Energy Holdings, have completed a 16.4MW solar project for the US Department of Defense in Arizona, USA. Read more

Abengoa grows across divisions again in 2013

Monday, 2.24.2014 - 8:44 (Solarserver)

Abengoa SA (Seville, Spain) has released results for 2013, reporting a 17% increase in revenues to EUR 7.36 billion (USD 10.1 billion) and a 19% EBITDA margin. The company saw substantial growth across both of its divisions involved in concentrating solar power (CSP) technology. This marks another year of solid growth for Abengoa. During the year the company reached a number of milestones, including commissioning Shams 1, the largest CSP plant in the Middle East, the 280 MW Solana CSP plant in the United States, beginning work on two CSP plants in Africa and winning a tender for Latin America's first CSP project. Read more

India Solar: State programs responsible for over half of installed capacity

Monday, 2.24.2014 - 8:39 (Solarserver)

India's Ministry of New and Renewable Energy (MNRE) has released new data on installed solar photovoltaic (PV) capacity in the nation, with a breakdown by both state and supporting government agency. The data shows that the state of Gujarat and its solar program is responsible for the largest amount of any entity at 860 MW or 39% of the nation's installed PV capacity. While Gujarat's is by far the most successful, overall state programs are responsible for 1.17 GW, or over half of installed capacity. Read more

Photon Energy to create yieldco to protect solar PV assets against retroactive cuts to payment

Monday, 2.24.2014 - 8:26 (Solarserver)

Only days after SunEdison Inc. (St. Peters, Missouri, U.S.) filed to create a similar structure, Photon Energy NV (Amsterdam) announced the launch of a pan-European “yieldco” structure to provide investment protection and asset management for solar photovoltaic (PV) assets. Photon says that the key element of European Solar Holdings (ESH) will be a protection platform for all investors in EU solar assets against future retroactive measures. The company says that once the target portfolio size of 250 MW is reached ESH will seek an IPO. The company aims for 1 GW of PV assets by 2015. Read more

Cameron & Davey announce new measures to ‘maximise’ UK oil and gas

Monday, 2.24.2014 - 12:14 (Solarpowerportal)

The Prime Minister has announced a number of new measures to help recover an additional 3-4 billion barrels of ‘increasingly hard-to-reach’ North Sea oil and gas. Read more

Powering the US with Renewables: A State-By-State Roadmap

Monday, 2.24.2014 - 17:43 (Renewable Energy World)

What does it take to convert a city, a state, a nation, to 100 percent renewable energy? Many countries are giving it a go with very ambitious goals to be 100-percent powered by renewable energy (islands seem to have a leg up). But what about right here in the U.S., how could that be achieved for this nation? And since all politics is local (and most especially true for renewable energy policies), how could it be done by individual states? Read more

Survival of the Fittest in China's Renewable Energy Market

Monday, 2.24.2014 - 15:33 (Renewable Energy World)

A survival of the fittest struggle is emerging as China’s renewable energy industry faces a record $7.7 billion in bonds maturing this year. Read more

Israel’s Renewable Energy Sector at a Crossroads

Monday, 2.24.2014 - 14:39 (Renewable Energy World)

Israel’s ministerial committee for renewable energy approved last week the transfer of 290 megawatts (MW) renewable energy quotas to the solar photovoltaic sector. Specifically, quotas for 70 MW of large wind power parks, 20 MW of small wind power installations (up to 50 kW each) and 200 MW of solar thermal power plants were transferred to the solar PV industry. Read more

EC commits US$75.5 million to support renewables in Cape Verde

Monday, 2.24.2014 - 13:34 (PV-Tech)

The West African island nation of Cape Verde will receive €55 million (US$75.5 million) of financing between 2014 and 2020 from the European Commission, to assist the development of renewable energy. Read more

Australian firm to fund 150MW cell and module factory in Sri Lanka

Monday, 2.24.2014 - 12:36 (PV-Tech)

An Australian energy consultancy has signed a deal with the Sri Lankan government to develop a US$190 million PV cell and module factory. Read more

Lightsource announces new commercial rooftop division

Monday, 2.24.2014 - 7:15 (Solarpowerportal)

Lightsource Renewable Energy has announced that it will create a new commercial rooftop division in order to capitalise on the ‘huge potential’ the company sees in the sector. Read more