U.S. solar company First Solar Inc. (FSLR) said Wednesday that it will make more solar panels this year than earlier planned due to rising demand. The Arizona company said it plans to make 1,800 to 1,900 megawatts of panels this year, up from its plan in May to cut production to 1,400 to 1,700 megawatts. That compares to 2,400 megawatts of production in 2011. First Solar Chief Executive Jim Hughes said the company will make more products to meet higher-than-expected demand from customers primarily in Europe and India. First Solar reported a second-quarter profit of $111 million, or $1.27 a share, up 82% from $61.1 million, or 70 cents a share, a year earlier. Net sales jumped 80% to $957.3 million, primarily due to an increase in the number and size of projects under construction for which revenue could be booked in the second quarter. Share of First Solar were up 13% at $16.70 in after-hours trade.
AltEnergyMag is having a residential PV system installed and monitoring the process. This is part 1 of a series of articles we will publish along the way in order to demonstrate and explain a real world project for our readers to follow and learn from.
Research into controlled fusion, with the aim of producing fusion power for the production of electricity, has been conducted for over 60 years. It has been accompanied by extreme scientific and technological difficulties, but has resulted in progress. At present, controlled fusion reactions have been unable to produce break-even (self-sustaining) controlled fusion reactions. Workable designs for a reactor that theoretically will deliver ten times more fusion energy than the amount needed to heat up plasma to required temperatures (see ITER) were originally scheduled to be operational in 2018, however this has been delayed and a new date has not been stated.
The maturity of the smart grid security in Europe could be evaluated as medium to low; that is what our study demonstrated. We are still trying to find out how to implement the smart grid on our electricity power infrastructure, after which we would conceive how the security should be applied. This is not a good approach, we need to define what instruments we should use (requirements for smart grids) in the smart grid before any other action can be taken into account.
Today's ultra-thin solar cells require precise and gentle handling. And with the increasing demand on solar manufacturers for product, automation must deliver the highest throughput possible. Adept Robotics for the Solar Industry
In the end, it will be Chinese cash and American access to (massive) Chinese consumers for clean-energy products that saves the industry and allows it to gain a competitive edge over fossil fuels.
"Energy: A Citizens' Solutions Guide" is one of a series of unbiased, nonpartisan guides that help the public wrestle with and work through difficult issues. These guides are especially useful in advance of the election, to help voters cut through campaign spin and media bias, so that they are able to reasonably judge the platforms put forth by candidates.
In many ways, hydrogen is the perfect fuel. It's abundant, efficient and produces no emissions when used in a fuel cell. It can be produced from renewable resources and is not a greenhouse gas. Because hydrogen power is environmentally friendly and non-toxic to use, industry should accelerate research so that this renewable resource may be used in the near future.
The GeoCal™ is a breeze to install and gives a lot of flexibility as the automatic air vents and supply and return temperature gauges are a couple of added plusses. With this first one up and running, and the customer satisfied, I'll be evaluating how it holds up.
This system looks great and makes the perfect shade spot for their patio barbecue (this is a system in the 2KW range).
Americans are now being told that keeping utility bills down means keeping maintenance of the country's dismal electricity distribution system to a bare minimum. According to the American Society of Civil Engineers, the entire system could collapse by 2020 without an immediate investment of $673 billion. Furthermore, experts say that brownouts and blackouts will end up costing more in the end than re-hauling the entire system.
You climb in and start your car. Reverse out of your driveway using the gas-powered system. Putting the shift lever into neutral, the system switches over to the AED (Alternative Electric Drive) system, yet your engine is idling. This allows you to use your power brakes, power steering and air-conditioner on that hot muggy day.
We try to pull together everything that an energy and utility executive needs to know. This includes news, breaking commentary from twitter, jobs, market and commodity updates, jobs, white papers, market research, and more.
SPI is presented by the Solar Energy Industries Association (SEIA) and Solar Electric Power Association (SEPA). Unlike other solar conferences, all proceeds support the expansion of the U.S. solar energy market through SEIA's and SEPA's year-round research and education activities, as well as SEIA's advocacy.
Proposed U.S. tariffs on wind-energytowers from China and Vietnam were welcomed by a trade group that had complained competitors were dumping products in the American market. The Commerce Department concluded in preliminary findings yesterday that producers in the nations, which exported $301 million in towers to the U.S. in 2011, sold the utility-scale goods below production costs. The department, which set duties as high as 73 percent for Chinese products and 60 percent for goods from Vietnam, acted on a complaint by U.S. companies such as Broadwind Energy Inc. (BWEN) of Naperville, Illinois. Broadwind rose 13 percent in trading yesterday. “Commerce has taken an important step to address the significant dumping that is taking place,” Alan Price, an attorney with Wiley Rein LLP in Washington who represents the U.S. group, said in a statement. Duties will help to “force the Chinese and Vietnamese producers to compete fairly.”
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Solar & Wind - Featured Product
The Power Rail™ Commercial Mounting System is designed with the professional PV solar installer in mind. Both the XD/UD and LD/MD rails feature single tool assembly with the revolutionary patented RAD™ Lock-in-Place bolt for fast and secure module clamping. The high strength marine-grade aluminum rails include an integral wiring channel for securing cables and providing a professional finish.