China to Back Solar Panel Makers With 35 Gigawatt of Installs
China, the world’s biggest maker of solar panels, plans to increase fivefold its installed solar capacity to more than 35 gigawatt by 2015 to support an industry faced with declining profits, slowing exports and a supply glut.
The nation will add 10 gigawatt of solar-power capacity annually over the next three years, according to a statement from the State Council posted on the central government’s website today.
The move will help reduce the industry’s reliance on exports and ease oversupply that contributed to a 20 percent plunge in the average price of solar panels last year, according to data compiled by Bloomberg. China will provide credit support to profitable photovoltaic manufacturers and encourage restructuring and overseas investment, according to the statement, which didn’t specify what period the government will consider to measure profitability.
Risen Energy Co. (300118) jumped 10 percent, its daily limit and the most since Feb. 18, to 6.71 yuan in Shenzhen trading. Hareon Solar Technology Co. (600401) rose as much as 6.8 percent and traded 4.6 percent higher to 6.49 yuan as of 1:25 p.m. in Shanghai.
“While the Chinese government is determined to boost the domestic market, it is not sufficient to eliminate oversupply,” said Wang Xiaoting, a Beijing-based analyst at Bloomberg New Energy Finance. “Panel prices will stay stable in 2013."
The Energy Reform Will Repower Mexico- We Will Not Give Up
Ahead of Mexico's hotly anticipated energy reform David Pencheyna, President of the Senate Energy Commission, inaugurated the Mexican International Renewable Energy Congress, highlighting the importance of renewables in Mexico's future energy mix.
MicroPower Offers Boeing Solution to Dreamliner Battery Problems
MicroPower Global's highly efficient semiconductor chips could provide a solution to Boeing's recent difficulties with overheating leading to fires on their aircraft.
Intersolar 2013 - Tradeshow Report
AltEnergyMag.com has once again partnered with Intersolar to bring all the industry news and exciting new products to our eMagazine and help our readers make sense of this key tradeshow. Here we have compiled a list of some product releases from this years show.
Heading for a collision course? Safety solutions for sea-going vessels and offshore wind farms
The regulatory requirement to prove collision-friendly foundation design need not be a cost-intensive mandatory additional measure, but may be an opportunity that significantly improves reliability and safety. It would increase the lifespan of the primary structure of the wind turbine, preventing subsequent time- and cost-intensive repairs.
Power for seaports may be the next job for hydrogen fuel cells
The hydrogen fuel cell barge bypasses the need for electrical infrastructure. The barge also has the capability of being moved from berth to berth as needed and to anchorage points to power vessels that are waiting for berths.
Alternative Energy on the Georgia State Grid
Solar Energy USA had the privilege of engaging in a solar power question & answer session with Tim Echols, one of the five Georgia Public Service Commissioners responsible for regulating large monopolistic entities in Georgia. This article showcases some important points about power generation and power delivery as they relate to Georgia residents.
Are Energy Free Homes Practical?
Energy free residences are not only practical but they are the dwellings of the future. Let's hope that home builders start thinking zero net energy as they design upcoming housing subdivisions.
Financing California's Electric Vehicle Future
California's Alternative and Renewable Fuel and Vehicle Technology Program, for example, is more than half way through implementing its target of supporting installation of more than 6200 charging stations, and Tesla, Nissan, and Rabobank/SolarCity have been developing their own charging networks in California.
US Reaches Milestone of 10 Gigawatt Solar Photovoltaic Capacity, According to NPD Solarbuzz
Solar PV has been one of the fastest growing energy sources in the US over the past six years, with a compound annual growth rate of over 50% since 2007.
Solar Thin Films, Inc. Provides Update to Market
New products to market with a strong focus on Fiber Reinforced Plastics technology (FRP)
Ascent Solar Technologies Expands EnerPlex Distribution into United Kingdom & Ireland with West Coast Limited
West Coast has become one of the leading distributors recently eclipsing €1 billion in annual revenue
SolarMax Takes Energy Efficient Approach to Solar with LED Lighting
Solar installation company offers residential customers the opportunity to retrofit their homes with LED lighting.
CyboEnergy Releases Grid-Interactive and Off-Grid CyboInverters at Intersolar North America
The world's first solar power Mini-Inverter
ReneSola Unveils Zep Compatible(TM) Module at InterSolar North America
Recent Partnership Combines ReneSola's Market-Leading Module Efficiency with Zep Solar's Cutting-Edge Mounting & Grounding Technology
Records 17731 to 17745 of 30913
First | Previous | Next | Last
Solar Power - Featured Product
Terrasmart - Reduce Risk and Accelerate Solar Installations
We push the limits in renewable energy, focusing on innovation to drive progress. Pioneering new solutions and ground-breaking technology, and smarter ways of working to make progress for our clients and the industry.
