SunEdison, already a very big solar developer, will become even bigger when it purchases First Wind, one of the major wind energy developers in the country. The acquisition of First Wind transforms SunEdison and TerraForma Power, an indirect subsidiary, into diversified renewable energy and will make SunEdison the leading renewable power plant developer in the… Keep reading →
BrightSource Energy says the Ivanpah Solar Electric Generating System is doing just fine, and that all along the company expected the “power tower” concentrating solar plant in California to take four years to hit full stride. Meanwhile, the latest federal reports indicate that in the first three quarters of the year the plant produced a… Keep reading →
The knock-on economic opportunities associated with developing, transporting and consuming energy are widespread and have drawn eye-popping amounts of private equity investment in the past few years. “That opportunity has the private equity industry salivating. PE funds have raised $157 billion since 2009 to invest in energy, according to data from intelligence firm Preqin. And… Keep reading →
News broke late last week the world’s second and third largest oil field services providers Halliburton and Baker Hughes were in merger negotiations. The combined company would more effectively compete with Schlumberger, the world’s largest oilfield service company. The deal briefly went hostile when it was reported over the weekend that Halliburton would make a… Keep reading →
Did you know these iconic structures around the world installed solar panels? The following graphic details some of the world’s most famous solar-adorned architecture. Infographic courtesy of Half Price Shutters.
It appears investors were so eager to dip their toes in Brazil’s solar power market they were willing to compromise on total investment returns. The auctions held on Halloween resulted in the award of 890 MW of capacity. Prior to the Brazilian auctions, the world’s lowest unsubsidized solar contracts were reportedly found in Uruguay at… Keep reading →
SolarWorld has withstood the slings and arrows of a big portion of the U.S. solar industry, but the panel maker’s successful pursuit of a “level playing field”– or is it wanton protectionism? – appears to be paying off. On Thursday, the company called in the media to announce it would add a production line at… Keep reading →
Whether scorched birds are a major issue at the Ivanpah Solar Electric Generating System in California is a matter of dispute. But the “power tower” solar plant and its owners – NRG Energy, Google and BrightSource Energy – might have an even more fundamental problem on their hands: generating adequate electricity. The Mojave Desert plant,… Keep reading →
Energy Department Announces $53 Million to Drive Innovation, Cut Cost of Solar Power WASHINGTON – Building on President Obama’s Climate Action Plan to cut carbon pollution and continue U.S. leadership in clean energy innovation, Energy Secretary Ernest Moniz today announced more than $53 million for 40 innovative research and development (R&D) projects that aim to… Keep reading →
From a rooftop in sunny California, a Breaking Energy writer learns about the need for a national solar policy targeting low-income families. The sun was rising quickly as I drove down I-580 to a part of Oakland that has yet to attract a significant influx of Silicon Valley’s high-tech workers and the gentrification that follows. … Keep reading →
