Asia Report: Is Japan’s Solar Market Overheating?

Published on Mar 20 2013 // business, Energy, Money and Business, solar energy
Asia Report: Is Japan’s Solar Market Overheating?
Most of the projections we’ve seen for 2013′s biggest solar markets (Solarbuzz, IHS iSuppli, Deutsche Bank) put Japan as #4 behind China, the US, and Germany, and ahead of a number of countries led by Italy. Maxim Group and Lux Research have Japan squeaking into third place. But now, one...

Operations, Maintenance, and Solar Sheep

Published on Mar 20 2013 // business, Energy, Money and Business, solar energy
As gigawatts of commercial- and utility-scale PV power plants spring up around the world on a monthly basis, one critical industry sector that’s growing in tandem is operations and maintenance, usually referred to simply as O&M. Whether the service is provided by the engineering, procurement,...

CSP giants Abengoa, BrightSource partner on giant Palen Solar project

Published on Mar 20 2013 // business, Energy, Money and Business, solar energy
CSP giants Abengoa, BrightSource partner on giant Palen Solar project
Two of the giant concentrating solar power (CSP) companies, Abengoa and BrightSource Energy have agreed to jointly develop, build and operate the 500 MW Palen Solar Power Project. BrightSource purchased the Palen project from Solar Millennium, which went bankrupt. But now the two CSP companies will...

Loans of $2 Billion Weighed by U.S. for Clean Energy Projects

Published on Mar 20 2013 // business, Energy, Environment, Money and Business
Loans of $2 Billion Weighed by U.S. for Clean Energy Projects
The U.S. Energy Department is reviewing nine applications from companies seeking $4.8 billion in energy-related loan guarantees, the first since the collapse of Solyndra unleashed an avalanche of Republican criticism. A Government Accountability Office report today showed applications for eight energy-efficiency...

Energy Efficiency Loans Encounter Obstacles in the Secondary Market

Published on Mar 19 2013 // business, Energy, energy efficiency, Money and Business
Energy Efficiency Loans Encounter Obstacles in the Secondary Market
Although connecting energy efficiency programs and private capital may seem like an ideal partnership, program managers from New York and Pennsylvania have found it is challenging to achieve competitive investment ratings for energy efficiency loan portfolios. Jeff Pitkin and Keith Welks discussed their...

Suntech Plunges As Reckoning Day Comes

Published on Mar 18 2013 // business, Energy, Money and Business, solar energy
I rarely write about the same company 3 times in a single week, but in this case the developments are coming so quickly at plunging solar panel pioneer Suntech (NYSE: STP) that an update to this fast developing story is really necessary. Company watchers will know that today, Friday, is the official...

China Seeking Solar Consolidation Damps Hope for Suntech

Published on Mar 17 2013 // business, economy, Energy, Money and Business, solar energy
China Seeking Solar Consolidation Damps Hope for Suntech
China won’t rescue Suntech Power Holdings Co. from its creditors because the former biggest solar-panel maker needs to retrench along with the rest of the industry, two advisers to government agencies said. Officials in Beijing want to pare excess manufacturing capacity and consolidate the $25...

Feed-in Tariff Breakthrough in Iowa?

Feed-in Tariff Breakthrough in Iowa?
Could the conservative heartland sate of Iowa breach the dam holding back feed-in tariffs for renewable energy in the US when self-styled “progressive” states such as California continue to dawdle? That is the possible implication of a vote by the Agriculture Committee of Iowa’s state...

Suntech: Factory Closure and a Train Wreck in the Making

Published on Mar 17 2013 // business, Energy, Money and Business, solar energy
Suntech: Factory Closure and a Train Wreck in the Making
Suntech Power, feeling the sting of the tariff the U.S. government imposed on silicon solar cells from China, said Tuesday it will shutter its Arizona factory on April 3 and let go of 43 employees. High production costs, along with the tariffs and an imbalance of supply and demand in the global solar...

How Solar PV is Winning Over CSP

Published on Mar 17 2013 // business, Energy, Money and Business, solar energy
How Solar PV is Winning Over CSP
More and more, renewable energies are competing against each other, instead of against conventional energy sources. If you read the reports from major energy agencies and industry associations, you might be tempted to conclude that there is a bright future where all types of renewable energies will flourish...