Earlier this week algae fuel startup Sapphire Energy announced that it’s in the process of raising a whopping $144 million from private investors, which will be used to build out its first commercial demonstration algae farm in New Mexico. That farm could be able to produce 1.5 million gallons of Sapphire’s green crude per year by 2014, says Sapphire’s VP of Corporate Affairs, Tim Zenk. That might sound impressive, but it’s a far cry from the company’s previous projections. Back in 2009, Sapphire was hoping its algae farm would be able to produce 1 million gallons of green crude per year by 2011, followed by 100 million gallons per year by 2018, and 1 billion gallons per year by 2025. When Sapphire made those projections, the sheer volume was so much more than any of their competitors were putting out there, that I asked if Sapphire was going to be “the gorilla of algae fuel?“ Full Article:
According to the most recent issue of the "Monthly Energy Review" by the U.S. Energy Information Administration (EIA), with data through December 31, 2011, renewable energy sources expanded rapidly during the first three years of the Obama Administration while substantially outpacing the growth rates of fossil fuels and nuclear power. Between January 1, 2009 and December 31, 2011, renewable energy sources (i.e., biofuels, biomass, geothermal, solar, water, wind) grew by 27.12%. By comparison, during the same three-year period, total domestic energy production increased by just 6.72% with natural gas and crude oil production growing by 13.66% and 14.27% respectively. Moreover, during the same period, nuclear power declined by 1.99% and coal dropped by 7.16%. Full Press Release:
Japan is preparing to bolt turbines onto barges and build the world’s largest commercial power plant using floating windmills, tackling the engineering challenges of an unproven technology to cut its reliance on atomic energy. Marubeni Corp. (8002), Mitsubishi Heavy Industries Ltd. (7011) and Nippon Steel Corp. (5401) are among developers erecting a 16-megawatt pilot plant off the coast of Fukushima, site of the nuclear accident that pushed the government to pursue cleaner energy. The project may be expanded to 1,000 megawatts, the trade ministry said, bigger than any wind farm fixed to the seabed or on land. “Japan is surrounded by deep oceans, and this poses challenges to offshore wind turbines that are attached to the bottom of the sea,” Senior Vice Environment Minister Katsuhiko Yokomitsu said at a meeting in Tokyo this month. “We are eager for floating offshore wind to become a viable technology.” Full Article :
The California Public Utilities Commission and NRG Energy (NYSE: NRG) have entered into an agreement where NRG will build a comprehensive electric vehicle (EV) charging network in California, investing approximately $100 million over the next four years. "And we will be helping the State meet its clean car goals as embodied by its Zero Emission Vehicle (ZEV) mandate." This fee-based charging network will consist of at least 200 publicly available fast-charging stations—installed in the San Francisco Bay area, the San Joaquin Valley, the Los Angeles Basin and San Diego County—which can add 50 miles of range in less than 15 minutes of charging. Additionally, NRG's EV infrastructure commitment will include the wiring for at least 10,000 individual charging stations located at homes, offices, multifamily communities, schools and hospitals located across the State. Full Release:
Global PV cell production grew to an impressive 37.2 GW in 2011, according to a market survey by PHOTON International - The Solar Power Magazine, for a 36-percent increase over the 27.4 GW produced in 2010. But the annual survey also reveals a dramatic reduction in year-on-year growth. Compared to a record 120-percent jump in 2010, the 2011 cell output was the PV industry's lowest growth rate since a 34-percent increase in 2003. The survey also shows a continuation of Asian dominance, with six Chinese manufacturers in the top 10 - with Suntech Power in first place for the second year in a row - and two from Taiwan. For the first time since PHOTON International began surveying solar cell producers, the top 10 did not include any solar cell producers from Europe or Japan. "The days of solar cell production in western countries are numbered," says Michael Schmela, editor-in-chief of PHOTON International. "Like other commodities, solar cell production will continue its rapid shift to low-labor-cost countries in Asia, especially China." In 2008, only 33 percent of solar cells were made in China, a share that grew to an impressive over 57 percent in 2011. Full Press Release:
In an effort to find a visual counterpart to his rhetoric on energy, President Barack Obama is speaking at four types of energy production facilities in two days, each site representing a facet of his energy plan. "I'll be talking about what we're calling an all-of-the-above energy strategy -- all of the above," Obama said, previewing his trip before a crowd gathered at a solar facility in Boulder City, Nevada. "A strategy that relies on producing more oil and gas here in America, but also more biofuels, more fuel-efficient cars, more wind power and, as you can see, a whole lot more solar power." The visit to Boulder City on Wednesday was designed to tout the success of solar technology at the largest photovoltaic solar facility in the nation. Photovoltaic solar panels create energy directly from sunlight without the need for any water or moving parts. Full Article:
President Barack Obama's administration is expected to throw its weight behind U.S. solar panel producers on Tuesday in their battle against lower-priced imports from China that they say threaten the future of the industry in the United States. A coalition of seven U.S. manufacturers has asked for duties topping 100 percent on Chinese-made solar cells and panels, which they say are subsidized by the Chinese government and "dumped" in the United States at unfairly low prices. The case, which was filed last year, has created more friction in the U.S.-China trade relationship, already strained by clashes over Beijing's currency policies and U.S. duties on a number of other Chinese goods. Full Article:
First Solar and Suntech led in module manufacturing in 2011 with both having around 2 GW of module production, according to Lux Research’s latest Solar Supply Tracker. Crystalline silicon module prices continue to be at a record low with Tier 1 manufacturers selling around $0.9/W while Tier 2 and Tier 3 manufacturers sold at even lower rates to burn through their inventories and survive the current market conditions. The top 10 companies added up to 12.5 GW of module production, a significant share at 44% of the 2011 total global module production. Top 10 2011 Module Manufacturers (In Order) First Solar - 7% - 2,001 MW Suntech Power - 6.5% -1866 MW Yingli Green Energy - 5.5% - 1,554 MW Trina Solar - 4.9% - 1,395 MW Canadian Solar - 4.8% - 1,363 MW Sharp - 4.1% - 1,155 MW Hanwha Solar One - 2.9% - 825 MW Jinko - 2.8% - 782 MW LDK Solar - 2.7% - 774 MW SolarWorld - 2.7% - 767 MW Read Full Press Release:
The U.S. Senate has voted to reject an amendment to S.1813, the Surface Transportation Bill, that would have extended several important renewable energy incentives - including the production tax credit (PTC) for wind power - for one year. The measure, introduced by Sen. Debbie Stabenow, D-Mich., also called for an extension of the Section 48C advanced energy manufacturing tax credit, which expired in 2010, as well as an extension of the Section 1603 cash-grant program. Although the vote on the measure was even at 49-49, the amendment required 60 votes to pass, and was, therefore, not agreed to. The news comes as a disappointment to the wind industry, which was hoping for a boon in an uncertain economic climate. Read full article here:
The U.S. Senate is expected to vote Tuesday on a proposal that would extend renewable energy tax incentives and restore the cash grant program that saved the industry during the depths of the recession. The proposals are included in an amendment offered by Senator Debbie Stabenow (D-Mich.), who introduced Senate Amendment 1812, which would extend the production tax credit (PTC) for one year, until the end of 2013, as well as extend the 1603 investment tax credit, the 48(C) manufacturing tax credit, in addition to including biodiesel and other provisions. Amendment 1812 includes several provisions, including credits for biofuels and advanced manufacturing tax breaks. But the parts of most interest to renewables are a one-year extension of the PTC for wind energy and a restoration of the “cash grants in lieu of the credit” which expired at the end of last year.
Fewer solar panels will be installed this year as the first drop in more than a decade worsens a glut of the unsold devices that’s already slashed margins at the top five manufacturers, an analyst survey showed. Homes and businesses will put up 24.8 gigawatts of solar panels worldwide, according to the average of six forecasts compiled by Bloomberg News. That’s equal to the power of about 20 nuclear reactors and down 10 percent from the 27.7 gigawatts added last year. Installations have grown 61 percent a year on average since 1999, Bloomberg New Energy Finance estimates. The decline would be the first since Germany began offering premium rates for solar power in 2004, opening the way for mass, utility-scale installations. It will exacerbate price-cutting and a surge in inventories that last year forced Solyndra LLC into bankruptcy, prompted SunPower Corp. to seek a buyout and gutted margins at top manufacturers led by Suntech Power Holdings Co. and First Solar Inc. Read full article:
This February, a record 21.7 percent of Spain’s electricity came from wind power. The 4,890 gigawatt-hours of electricity generated from wind made it the country’s third-largest source of energy in the month, after coal and nuclear power plants, according to Red Eléctrica de España (REE). Although Spain has poured signficant money, in the form of feed-in tariffs, into solar power development, Europe has been experiencing a severely cold winter, where wind power can thrive. By using its wind turbines instead of fossil fuels to supply electricity, Spanish electricity prices fell to €51/MWh during the first two weeks of February while in neighboring France electricity cost €105/MWh. During that time, wind provided a whopping 28.9 percent of Spain’s electricity. Read full article:
Facing a significant backlog of unsold inventory, General Motors will shut down production of the Chevrolet Volt for five weeks. The maker has notified 1,300 workers at the GM plant in Detroit that they will be idled from March 19 through April 23 while assembly operations are idled. But the maker insists the latest setback is not a sign of long-term problems for the plug-in hybrid, noting that Volt sales in February jumped 70 percent over the prior month. “We’re going to do what we need to the keep production in line with what the market demands,” said GM spokesperson Michelle Malcho. She noted that demand has been recovering in the wake of reports, late last year, that several Volt battery packs had caught fire following federal crash tests. Read Full Article here:
The United States' once-vaunted solar-industry trade surplus with China disappeared between 2010 and 2011, according to findings released today by the Coalition for American Solar Manufacturing (CASM). The U.S. solar industry had an estimated $1.6 billion trade deficit with China in 2011, after enjoying an estimated $250 million to $540 million surplus in 2010. CASM's findings are based on data from the U.S. Department of Commerce and the U.S. International Trade Commission (ITC), as well as a prior study by GTM Research. "This new data, drawn from official government sources, finally buries the Chinese importers' tired, shop-worn and factually incorrect talking point that the U.S. solar industry has a trade surplus with China," said Gordon Brinser, president of SolarWorld Industries America Inc., the largest U.S. manufacturer of solar cells and panels. "Chinese importers often claim that the modest U.S. trade surplus in 2010 proved that China is not threatening the U.S. solar industry and economy. But it is no longer 2010, and any trade surplus is history. Illegal dumping by massively subsidized Chinese solar producers, combined with curbed exports of polysilicon and manufacturing equipment, are decimating U.S. solar manufacturers, the supply chain and their export business." Read Full Press Release here:
The Army issued a draft request for proposals today to purchase over a 30-year period $7 billion worth of power generated from alternative energy sources, including solar, wind, geothermal and biomass. Katherine Hammock, assistant secretary of the Army for installations, energy and environment, announced plans for the project last year to support the service's goal of having installations produce more energy than they consume. The Army Corps of Engineers' Engineering and Support Center in Huntsville, Ala., which is managing the procurement, said the alternative energy power generation plants will be located on or near federal property. Hammond said last year that the Army would support their development by leasing land on installations, and the draft RFP backs this up with language that says the service endorses "the procurement of large scale renewable energy generated on or near Army land."
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Small size, light weight, great features, best value! With a line-up of 1-phase transformerless units, KACO new energy will be inaugurating the new "blueplanet" solar PV inverter series. Newly designed and constructed from scratch, the blueplanet TL1 fulfil the highest requirements for optimum use in residential solar power plants.