Archive for September, 2011

Hanwha SolarOne Obtains USD 100 Million Term Loan Led By Standard Chartered Bank and Korea Development Bank

Sep 22, 2011 – Hanwha SolarOne Co., Ltd. (NASDAQ: HSOL), a vertically integrated manufacturer of silicon ingots, wafers and photovoltaic (“PV”) cells and modules in China, today announced it has obtained a five-year loan in an amount of USD100 million, led by Standard Chartered Bank and Korea Development Bank. The agreement provides for loans in [...]

GM to Make Electric Cars in China

Sep 21, 2011 – GM has announced that it will manufacture electric cars [EVs] in China and also transfer associated technology to China.  Do you think all the production will be sold in China or will some be exported to the USA?  What do you  think about that? Please leave your comments here.

Siemens Brings Renewables Power to Mallorca

Sep 21, 2011 – Siemens has delivered high-voltage direct-current (HVDC) technology that allowed Red Eléctrica de España (REE) to link Mallorca with the Spanish mainland via an electricity highway laid in the Mediterranian. In the future a significant proportion of the vacation island’s power demand will thus be met using wind, solar and hydroelectric power [...]

Siemens to Supply Solar Field in Catalonia, Spain

Sep 21, 2011 – Siemens Energy has received an order for a solar field in Catalonia, Spain, from the Spanish EPC UTE Termosolar Borges (Abantia/Comsa Emte). Siemens will design, supply, integrate and construct the entire solar field, including the mirrors and solar receivers. The unique parabolic trough power plant, to be built in Les Borges [...]

XZERES Signs Dealer Arrangement in UK

Sep 21, 2011 – XZERES (XPWR) announced that a Letter of Intent was signed for an exclusive dealer arrangement with VG Energy, Ltd., the largest distributed wind energy dealer in the UK.  The agreement requires a minimum of $5.0 million in turbines to be purchased from XZERES over the next 15 months in order to [...]

Solyndra Executives Expected to Take 5th Amendment

Sep 21, 2011 – It is expected that solar energy company  Solyndra executives will take the Fifth Amendment when they testify before Congress concerning their bankruptcy after receiving over $500 million in federal guaranteed loans last year.  The FBI and Department of Energy recently raided their headquarters.

Wind Power Less Expensive Than Natural Gas in Brazil. How Do They Do It?

September 19, 2011 by Paul Dvorak From Wind Power News The President and CEO of Brazil’s Energy Research Company (EPE), Mauricio Tolmasquim, says for the first time ever in Brazil, wind power prices are less expensive than natural gas prices. This announcement follows the results of energy auctions held last week by Brazil’s National Electric [...]

UNI-SOLAR® Powers One of the Largest Residential Solar Installations in the World

Sep 20, 2011 – United Solar, a wholly owned subsidiary of Energy Conversion Devices, Inc. (ECD) (Nasdaq:ENER) and leading global manufacturer of UNI-SOLAR® light-weight, flexible thin-film solar modules, announced that its UNI-SOLAR brand photovoltaics have been used for one of the largest known residential solar installations in the world. The solar installation is located in [...]

Cyprus: Always Conflicts

Sep 20, 2011 – The Greek Cypriot government is proceeding with drilling off the coast of Cyprus for oil and gas.  If you have only been following green energy, you have missed the fact that Greece and Turkey have been fighting over Cyprus for many decades and was divided in 1974.  Turkey’s Prime Minister Erdogan [...]

Changes in World Oil Markets

Sep 20, 2011 – When we think oil resources OPEC and the Middle East always come to mind first.  The dynamics are slowly shifting to the Western Hemisphere with new discoveries and new, more efficient technologies for extraction.  North Dakota is producing oil from shale causing an employment boom in the American West.  Canada is [...]

Jinko Solar: What Now?

Sep 20, 2011 – Jinko Solar [NYSE: JKS] and its stock are having some problems.  Credit Suisse just lowered it target price from $25 to $10!  It downgraded it to Neutral from Outperform. There is a pollution concern from a production facility that has been widely reported.  Production cuts will result in lower sales volume [...]

Lustre Off Solar Stocks!

Sep 19, 2011 – Solar stock prices [Click on Green Energy Stocks in the right column of this page.] have fallen faster than Icarus.  Industry analyst Gordon Johnson was on CNBC Fast Money this afternoon.  He says short them even though their stock prices have already fallen drastically.  His price target for First Solar is [...]

What Is the Biggest Energy Problem?

Sep 19, 2011 – Too many people.  How many people are on earth now? 7 billion & growing!  The more people on the planet means the more energy needed.  More people require more food. That requires agricultural equipment that utiilizes energy. Processing food requires energy. Building housing and living in requires energy. Even insulation placed [...]

Acciona Plans Fourth Australian Wind Farm

Staff, Windpower Monthly, 16 September 2011, 2:36pm AUSTRALIA: Acciona is looking to build a 144MW wind farm in South Australia. In papers lodged with the Australian government, the project would be located 15km from Naracoorte in the south-east of the state. Acciona said it may get approval to build the project in 2013. The Naracoorte [...]

How To Network A Wind Farm

September 15, 2011 by Paul Dvorak Filed under Maintenance & operations, Wind Power News, Wind Turbine Control Due to high security and availability requirements, MOXA and Dongfang engineers selected the ring topology in the wind-farm network for fast redundancy in case of network failure. Chinese manufacturer Dongfang Steam Turbine Works (DSTW) was working on a [...]