Hanwha SolarOne Company Ltd. a leading global manufacturer of PV cells and modules in Shanghai, China declared that it faced losses during its first quarter of year the 2012. (more…)
Posts Tagged ‘United States’
It’s a well-known fact that the sun has always been the main source of energy as it relentlessly generates the energy which is for free, but we have not been successful in utilizing the energy generated to its fullest because of the band of weather around the earth and nights that take place on the earth. (more…)
Today’s Eco-friendly environment is very encouraging for the innovations and investments in solar energy sector.
It continues to generate interest in the field of research and innovations for renewable energy all around the world. But, the US and Europe remain the big players in research and implementation! (more…)
Despite the solar power industry entering an era of high-profile bankruptcies, the Obama administration seems gung-ho on promoting solar power in six Western states by identifying them as “Solar Energy Zones”. Solar power companies like Solyndra who received nearly half-billion dollar federal loan have etched a failure story of the millennium but the undeterred Obama government is continuing pushing its big-league plans to promote solar power development. (more…)
IKEA, the Swedish company is ideally recognized for selling ready-to-assemble furniture at modest costs at its worldwide stores. Now, it is drawing out blueprints for a few more makeovers by powering their U.S. stores with solar energy panel systems. Recently, a solar energy system was installed at its San Gabriel Valley store in Covina, California, which includes an amalgamation of 57,000-square-foot PV array, 451-kW system plus 2,002 panels. IKEA’s enterprising activity will produce 651,800 kWh of clean electricity annually, which is comparable to reducing 495 tons of carbon dioxide (CO2) and eradicating the emissions of 88 cars plus powering 55 homes yearly. (more…)
U.S. solar company Solyndra LLC. has filed papers declaring bankruptcy despite Obama administration announcing a half billion federal stimulus to the solar panel maker in an aim to decrease dependency on foreign shores. But things seem far from sorted as Solyndra has succumbed to Chinese rivals being the third solar power company in the last month to seek bankruptcy protection. Evergreen Solar Inc. followed by SpectraWatt Inc. were the two precedent companies who have thrown their hands in air in the last two weeks. (more…)
It’s a known fact that having shared coequal views on using clean energy, solar panel and EV consumers are the same people from the higher middle class with an increasing disposable amount of money. Not surprisingly, Ford and SunPower, the largest solar panel maker in Silicon Valley have come together to offer consumers a bundle of rooftop solar panel assembly along with their new buy of Focus Electric. (more…)
The largest rooftop project in U.S. Project Amp have received one of the largest loan guarantees from US DOE to install solar panels on industrial buildings across the country. U.S. Energy Secretary Steven Chu announced that the Department of Energy is ready to offer a $1.4 billion partial loan guarantee to support Prologis and NRG Energy to install rooftop solar panels on company warehouses. The solar electricity will be distributed across the grid in contrast to the buildings where they will be installed. The funding for the project supported from the 2009 stimulus bill will include installation of approximately 733 megawatts of photovoltaic (PV) solar panels which almost equals the total solar panels installed in U.S. throughout 2010. DOE expects that the project will generate at least a thousand jobs over a four year period.