Acquisition announced for solar power supplier Vivint Solar
On July 20, SunEdison, the world's biggest renewable energy development firm, along with TerraForm Power, an owner and operator of clean energy power plants, announced the acquisition of Vivint Solar, a major supplier of residential solar systems in the U.S.
The merger will be worth approximately $2.2 billion in cash as the two major solar companies acquire the residential solar firm. Additionally, SunEdison has agreed to enter a power purchase agreement with TerraForm Power. Roughly 523 megawatts of solar power will be installed by Vivint Solar by the end of 2015, which will now all be moved over to SunEdison.
Through the $922 million power agreement, TerraForm Power will install the solar panels for residential solar protections through a "10-year average levered cash-on-cash yield of 9.5 percent," the release stated. Also, TerraForm Power will obtain future small commercial solar and completed residential projects from SunEdison's Residential and Small Commercial business unit. Cont'd...
Leveraging Simple Solar Installations for Optimized Land Use
Featuring the Cap-Rack™ System by DCE Solar
New York PSC Lays Groundwork for Community Net Metering
Expected to especially benefit low and moderate-income families in New York.
GOVERNOR CUOMO ANNOUNCES EXPANDED ACCESS TO RENEWABLE ENERGY FOR MILLIONS OF NEW YORKERS
Shared Renewables Program Provides New Opportunities for New York Residents and Businesses to Access Clean and Affordable Energy
Solar Tailgating has Arrived
The ACL Solar Tailgater is ideal for every sports fan who wants all the luxuries of modern tailgating without the hassle of noisy generators. The ACL TG-01 finally gives fans the freedom to watch the game, listen to music, play video games or movies, and much more all powered by the Sun.
"WindTalker" Arrives Providing Ideal Anemometer Replacement Solution for Turbine Control
New, smart, wind sensitive: "WindTalker" from NorCal Controls combines with Lufft VENTUS for the ideal cold weather turbine control anemometer replacement solution.
Canadian Solar Announces the Grid Connection of Three Solar Power Plants in Japan
"We are very pleased to announce the successful completion and grid connection of these three projects, which well demonstrates the execution ability of our local project development and EPC teams in Japan"
Fourth major Duke Energy solar facility begins construction in N.C.
Project at Camp Lejeune in Onslow County, N.C.
--- Company's first solar facility at a military base is the largest of its kind in the state
--- Expected to be online end of 2015
New Material to Increase Solar Cell Efficiency
A team of researchers has come up with a solar cell that produces fuel rather than electricity. A material called gallium phosphide enables the solar cell to produce clean fuel hydrogen gas from liquid water.
To connect an existing silicon solar cell to a battery that splits the water may well be an efficient solution; but it is very expensive.
So, researchers were streamlining their search to a semi-conductor material that is able to both convert sunlight into an electrical charge and split water.
The team found gallium phosphide (GaP), a compound of gallium and phosphide, useful in this respect.
GaP has good electrical properties but the drawback is that it cannot easily absorb light when it is a large flat surface as used in GaP solar cells, said the study thatappeared in Nature Communications.
The researchers overcame this by making a grid of very small GaP nanowires, measuring five hundred nanometres (a millionth of a millimetre) long and ninety nanometres thick.
"That makes these kinds of cells potentially a great deal cheaper," said lead author Erik Bakkers from Eindhoven University of Technology, the Netherlands. Cont'd...
President Obama's Low-Income Solar Initiative
There have been enough successful low-income solar pilot programs at the state and federal level that it is now possible to launch a larger initiative with confidence that it can succeed.
Machine Learning Helps IBM Boost Accuracy of U.S. Department of Energy Solar Forecasts by up to 30 Percent
Makes Solar Forecasts Available to States to Advance Integration of Solar Power into the Nation's Energy Pipeline
Trina Solar to Supply 51 MW of Dual Glass Modules to Tea Plantation PV Power Project in Yunnan
The plant will be used to power equipment in tea plantations, and will be the first of its kind within China.
ReneSola to Supply 20MW of Solar Modules for Utility-Scale Projects in Germany
The modules will be used in several utility-scale projects in Germany.
Array Technologies and Swinerton to Execute 1 Gigawatt Pipeline
Long-time partners to lower the levelized cost of electricity through solar tracking projects
Serbia's Onshore Wind Installed Capacity Will Rise Rapidly to 522 Megawatts by 2025, says GlobalData
Total onshore wind installed capacity in Serbia will rise from 102.5 Megawatts (MW) in 2015 to an estimated 522 MW by 2025
----Serbia is looking to wind as it aims for 27% of its energy mix to come from renewable sources by 2020, says analyst
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