Shunfeng International Clean Energy Ltd., the Hong Kong-based solar company controlled by billionaire Zheng Jianming, agreed to acquire a majority share of U.S. solar manufacturer Suniva for $57.8 million.
Shunfeng intends to integrate Suniva’s high-efficiency products into its own and expand into the U.S. market, the Changzhou, China-based company said Thursday in a statement announcing the deal.
Read MoreShunfeng International Clean Energy Ltd., the Hong Kong-based solar company controlled by billionaire Zheng Jianming, agreed to acquire a majority share of U.S. solar manufacturer Suniva for $57.8 million.
Shunfeng intends to integrate Suniva’s high-efficiency products into its own and expand into the U.S. market, the Changzhou, China-based company said Thursday in a statement announcing the deal.
Read MoreChina is being encouraged by three industry groups to double the nation’s solar-power goal for 2020 to make up for shortfalls from nuclear and hydropower projects, while India’s installed capacity of solar power could reach 75 GW by 2020. Meanwhile Kenya is installing 75 MW of wind and geothermal while Turkey looks to add 2 GW of wind power capacity ahead of schedule. Stories below.
China Advised to Double Solar Goal to Fill Nuclear, Hydro Gap
China is being encouraged by three industry groups to double the nation’s solar-power goal for 2020 to fill a gap forecast to emerge because nuclear and hydropower are due to fall short of targets.
The world’s biggest solar market needs 200 gigawatts of such capacity by then, according to a document seen by Bloomberg.
China Photovoltaic Industry Association, Chinese Renewable Energy Industries Association and China Renewable Energy Society, which act as conduits between the government and industry, jointly wrote the document and advised the energy authority in the State Council.
Read MoreChina is being encouraged by three industry groups to double the nation’s solar-power goal for 2020 to make up for shortfalls from nuclear and hydropower projects, while India’s installed capacity of solar power could reach 75 GW by 2020. Meanwhile Kenya is installing 75 MW of wind and geothermal while Turkey looks to add 2 GW of wind power capacity ahead of schedule. Stories below.
China Advised to Double Solar Goal to Fill Nuclear, Hydro Gap
China is being encouraged by three industry groups to double the nation’s solar-power goal for 2020 to fill a gap forecast to emerge because nuclear and hydropower are due to fall short of targets.
The world’s biggest solar market needs 200 gigawatts of such capacity by then, according to a document seen by Bloomberg.
China Photovoltaic Industry Association, Chinese Renewable Energy Industries Association and China Renewable Energy Society, which act as conduits between the government and industry, jointly wrote the document and advised the energy authority in the State Council.
Read MoreNew Zealand has built an international brand on environmentalism and the great outdoors. So it is unsurprising that the country generates over three quarters of its electricity from renewable sources, second only to Iceland in the OECD. Presently, the …
Read MoreNew Zealand has built an international brand on environmentalism and the great outdoors. So it is unsurprising that the country generates over three quarters of its electricity from renewable sources, second only to Iceland in the OECD. Presently, the …
Read MoreA new study by Complete Solar is shedding light on how much money California solar customers are losing to lengthy grid interconnection approval delays caused by utilities. According to the study, Permission to Operate (PTO) delays are costing the average residential solar customer in California $4.02 per day – adding up to a grand total in excess of $4.7 million over the last four years.
Data for the study was gathered from 1500 residential solar installations throughout the state and tracked from 2010 to 2015. The study ranks California utilities based on their average speed of interconnection approval. It found the Sacramento Municipal Utilities Department was the only utility with zero wait time, frequently issuing same-day interconnection approvals. Palo Alto Utility came in a close second, taking on average one day. Alameda Municipal Power, which ranked third in the study, averaged a total of 11 days.
Read MoreA new study by Complete Solar is shedding light on how much money California solar customers are losing to lengthy grid interconnection approval delays caused by utilities. According to the study, Permission to Operate (PTO) delays are costing the average residential solar customer in California $4.02 per day – adding up to a grand total in excess of $4.7 million over the last four years.
Data for the study was gathered from 1500 residential solar installations throughout the state and tracked from 2010 to 2015. The study ranks California utilities based on their average speed of interconnection approval. It found the Sacramento Municipal Utilities Department was the only utility with zero wait time, frequently issuing same-day interconnection approvals. Palo Alto Utility came in a close second, taking on average one day. Alameda Municipal Power, which ranked third in the study, averaged a total of 11 days.
Read MoreA new study by Complete Solar is shedding light on how much money California solar customers are losing to lengthy grid interconnection approval delays caused by utilities. According to the study, Permission to Operate (PTO) delays are costing the average residential solar customer in California $4.02 per day – adding up to a grand total in excess of $4.7 million over the last four years.
Data for the study was gathered from 1500 residential solar installations throughout the state and tracked from 2010 to 2015. The study ranks California utilities based on their average speed of interconnection approval. It found the Sacramento Municipal Utilities Department was the only utility with zero wait time, frequently issuing same-day interconnection approvals. Palo Alto Utility came in a close second, taking on average one day. Alameda Municipal Power, which ranked third in the study, averaged a total of 11 days.
Read MoreWith North Carolina’s renewable energy mandate under assault from Republican legislators, green groups seeking to save it have found an unlikely ally: the state’s hog industry.
Smithfield Foods Inc. and other companies that raise and slaughter pigs have put aside decades of disagreements and united — for the moment — with environmentalists to defend the only state law in the nation that lists swine manure as a renewable resource.
Smithfield has been the target of lawsuits, petitions and political campaigns for stashing hog manure in football-field size lagoons or spraying it on farm fields. Now the company says it has found a way to green its process: capturing the biogas rising off the manure and using it to make electricity.
Unless, that is, a Republican-led drive succeeds to rescind tax incentives and requirements for utilities to use renewable energy.
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