Tesla Lowers Bid, Agrees to Pay $2.6 Billion for SolarCity
Chris Martin for Bloomberg Technology: Elon Musk’s Tesla Motors Inc. reached an agreement to buy SolarCity Corp. for $2.6 billion, about $300 million less than an initial proposal criticized as a “bailout” for the solar company in which he’s the largest shareholder.
SolarCity investors will receive $25.37 a share in stock under the agreement, according to a statement Monday. Musk initially offered $26.50 to $28.50 a share in Tesla stock. Analysts have said in the past that the bid was too low and investors have questioned the wisdom of Musk combining his electric-car maker with the clean-energy company. The deal, which allows SolarCity to solicit competing takeover offers through Sept. 14, will now go to the shareholders of the companies for approval. Cont'd...
DONG Energy Praises Massachusetts for Strong Commitment to Offshore Wind
Energy bill opens door to U.S. commercial offshore wind market
DOE SunShot Initiative supports new ASU solar research projects
The SunShot Initiative is designed to accelerate the market competitiveness of solar energy by targeting production cost reductions and increased solar deployment, with a 2020 target cost for utility-scale solar technologies that is roughly equal to electricity generation from fossil fuels.
Industry gears up for Renewable Energy India 2016
Global Investments & Technological breakthroughs mark the 10th edition
Sunvapor Receives Award from U. S. Department of Energy SunShot Initiative for Green Solar Collector
Cooperative award provides R&D funding to demonstrate sustainable collector designed with artificial intelligence
Giant Leap Technologies and Lawrence Livermore National Laboratory Receive U.S. Department of Energy SunShot Initiative Grant to Use Invisibility to Harvest Sunlight
Microfluidics will make it possible to move solar collectors into the digital age by exploiting invisibility to eliminate mechanical collectors and replace them with Digital GlassTM and non-mechanical electronic light steering.
Molten storage and thermophotovoltaics offer new solar power pathway
Georgia Institute of Technology: New computer modeling suggests that high temperature TPV conversion -- which captures infrared radiation from very hot surfaces -- could one day rival combined-cycle turbine systems when combined with thermal storage using liquid metal at temperatures around 1,300 degrees Celsius. Advances in high-temperature components and improved system modeling, combined with the potential for conversion costs an order of magnitude lower than those of turbines, suggest that TPV could offer a pathway for efficiently storing and producing electrical power from solar thermal sources, a new study suggests.
The underlying technologies of high temperature storage and thermophotovoltaic conversion could also be used to produce grid-scale batteries able to rapidly supplement other power sources by storing heat for quick conversion to electricity. The research, supported by ARPA-E, was reported July 4 in the journal Energy and Environmental Science by researchers at the Georgia Institute of Technology. Cont'd...
EnergeiaWorks Intersolar Recap
EnergeiaWorks, North Americas foremost executive search firm servicing the renewable
energy markets, secured a strong presence in San Francisco at both SOLAR 2016 and
Intersolar North America.
Flight to the future: Solar Impulse shows we can run the world without consuming the earth
The lessons of Solar Impulse are clear: by pushing the boundaries of technology, and refusing to accept limits, technological or psychological, we can run the world without consuming the earth, and reach heights we never believed were possible.
GEM Energy moves up Solar Power World's Top Lists for North American Solar Developers and Contractors
GEM Energy, of the Rudolph Libbe Group, is ranked 15th among Solar Power World's Top Solar Developers of 2016, up from 26th place last year. GEM Energy is the only Ohio-based solar developer to make the list.
Using Particle Accelerator Technology to Manufacture Solar Cells
This technique is projected to reduce solar panel manufacturing costs by upwards of 60% compared to industry standards, while making them 25% more efficient, and resulting in a very cost-effective source of energy.
World Patent Marketing Invention Team Unveils Its Most Ingenious Energy Invention - The Pyramid Solar Solutions
World Patent Marketing Reviews A New Energy Invention. Will Pyramid Solar Solutions Be the Next World Patent Marketing Low Cost Success Story?
PV development trend conforming to energy structure transformation
The urgency of China's energy consumption structure transformation Energy supply is an important guarantee for economic development. High carbon energy structure not only influences the ecological environment but also leads
Newsflshes about Guangdong Photovoltaic in July
♦ Guangdong photovoltaic power stations with 500 thousand kilowatts in 2016 Recently, National Energy Administration issued a document about the implementation of photovoltaic power generation project in 2016,
PVinsights:A warning on oversupply
Both multi- and mono-crystalline module prices plummet obviously this week. Ongoing supply growth and falling demand continues to weigh on the solar panel prices, as the fierce price competition has extended globally. In China, the price correction of multi-crystalline module has declined obviously in July, as Chinese module makers leverage strategic pricing in attempts to win the limited solar projects. Due to the entry limitation by trade barriers in EU and the US, the 2nd tier Chinese producers suffer the most with accumulated stockpiles and have to enhance fierce price competition in China, India, Japan, and the emerging countries, where no punitive tariff enforced, to dump their excessive inventories. Meanwhile, in the US, solar panel prices are also being pressured with some quotes lower than $0.50/watt as 1st tier Chinese module makers seek to increase the shipments via its overseas capacities to compensate the worse-than-anticipated sales in China.
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