Published: July 8, 2010
Baoding, China — Yingli Green Energy Holding Company Limited announced that its latest 400-megawatt (MW) capacity expansion has been completed and is producing panels.“Given the higher cell efficiency of the Yingli Solar Panda Module, we expect to help our customers further reduce their balance-of-system cost.”
– Liansheng Miao, Chairman and CEO, Yingli Green Energy
The new solar PV manufacturing lines include a 300-MW PANDA monocrystalline silicon based production capacity at the company’s Baoding headquarters, and a 100-MW multicrystalline silicon based production capacity in Haikou, Hainan Province.
“We expect these latest production lines to reach full capacity by the More >
June 24, 2010
General Electric announced that revenues from its Ecomagination products reached $18 billion last year from the sale of more than 90 products, up 6 percent from $17 billion in revenue from more than 80 products in 2008. GE also announced a target to grow revenues for the product line at double the rate of overall corporate revenues over the next five years, increasing its proportion of company sales. The conglomerate also announced it had made $1.5 billion in clean tech R&D investment, a year ahead of its goal for 2010.
In the first five years since the creation of the Ecomagination More >
MICHAEL KANELLOS: JUNE 24, 2010
Big equipment is going to be networked, says GE’s Steve Fludder.
General Electric will double down on the environment.
The sprawling conglomerate will spend $10 billion on research and development for products for the ecomagination group over the next five years, doubling the $5 billion spent in the inaugural five years of the program.
GE has also identified areas that will potentially allow it to cut $150 million per year out of its operating costs while reducing its environmental footprint.
Jun 8, 2010
Smart Grid advanced energy storage solutions provider Ice Energy has an agreement with Science Applications International Corporation (SAIC) to deliver the company’s Ice Bear distributed thermal energy storage system to more than 40 U.S. government agencies and all branches of the military. The Ice Bear system provides a number of benefits, including lower daytime energy consumption, lower energy costs and less environmental impact. For its part, scientific, engineering and systems integration specialist SAIC offers the marketing depth and expertise to ramp up energy storage projects quickly and efficiently, according to Ice Energy COO John McGee.
Quick Take: Ice Energy must be doing More >
Posted on June 7, 2010
As I’ve watched the residential solar energy market for the past year I’ve often wondered where it is heading. Who will emerge as the dominant players? Will the panel manufacturers ultimately control the industry or will those on the leasing and finance side? How will rebates look in years to come? Will the federal and local governments continue to support residential solar energy?
I’m not enough of a clairvoyant to be able to predict who will dominate the market, but I will say that there is some pretty amazing progress being made. Here are my favorite advances which I More >
May 5, 2010
Global power and automation technology company ABB will acquire major software, data and advisory services provider Ventyx for more than $1 billion from Vista Equity Partners. ABB’s strategy is to combine its related network management business within the Power Systems Division, with Ventyx as a single unit for energy management software solutions. The acquisition triples the energy management software market for ABB and plants the company firmly as a leading software solutions provider for managing energy networks.
Quick Take: Whenever we talk to mid-sized Smart Grid companies these days, the executives whisper that they have received multiple tire-kicking visits from bigger companies working on a Smart Grid More >
Apr 13, 2010
By Jim Marston and Gregory Burkart
Two years ago, an all-volunteer collaboration of technology companies, university talent and political progressives in Austin, Texas, set out to prove the viability of the emerging Smart Grid. The Pecan Street Project, named after one of the town’s more eclectic streets, incorporated as a non-profit organization in 2009, and it has already become an exemplary case study for the structure and financing of alternative energy projects.
Shortly after the group’s incarnation, the U.S. Department of Energy awarded the Pecan Street Project $10.4 million to demonstrate Smart Grid technologies in a real-world setting. Combining the federal award with $14.5 million More >
SolarBridge gets $15 million venture investment
By American-Statesman staff | Monday, April 26, 2010, 09:18 AM
Austin-based SolarBridge Technologies has raised $15 million to build out operations for its first product launch.
Rho Ventures and Battery Ventures made the investment. SolarBridge has raised a total of $27 million.
SolarBridge develops technology to make solar panels more efficient. It is one of about two dozen companies that has received money from the Texas Emerging Technology Fund. The fund invested $1.5 million in the company in March.
Founded in 2004 using technology licensed from the University of Illinois, SolarBridge plans to launch its first product by the end of More >
BP Solar Completes Year-long Restructuring San Francisco, United States [RenewableEnergyWorld.com]
BP Solar confirmed that it has completed it restructuring efforts that included stopping production at its facility in Maryland. Silicon casting, wafering, and cell manufacturing at the plant ended in late March. Approximately 320 positions will be eliminated out of 430 positions at the Frederick location. BP Solar also said that it will maintain its U.S. presence in sales and marketing, research and technology and project development.The company recently completed the largest US rooftop solar installation at FedEx Ground’s Woodbridge, New Jersey facility, and 17 rooftop installations at Wal-Mart stores More >
Apr 8, 2010 11:07 AM