SunPower Corp. announced that it has signed an agreement to acquire SunRay Renewable Energy for a total consideration of approximately $277 million. SunRay is a leading developer of solar power plants in Europe with offices in the Middle East and Europe.
Recurrent Energy, a leading solar projects developer, has selected Solaron PV Inverters from Advanced Energy Industries for its 5-MW San Francisco Sunset Reservoir Solar Project.
A 20-year power purchase agreement was signed by NV Energy with Ram Power Corporation’s subsidiary for energy from a geothermal power plant, Clayton Valley Geothermal Project, in central Nevada. The 32-MW geothermal project, which is under development, is anticipated to produce electricity by the year 2014.
According to a new report titled “Analysis of the Impact of Cape Wind on New England Energy Prices” published by Charles River Associates, the wholesale price of electricity in the New England region will be reduced by $4.6 billion over the next 25 years by Cape Wind.
The PowerFilm F15-300N foldable solar charger provides 5 watts of power. The operating voltage of the charger is 15.4 volts, while the operating current is 0.3 amperes. The foldable solar charger measures 24.4 x 10.3 inches when open and measures 10.3 x 3.3 x 1 inches when folded.
AAER Systems designs different models of wind turbines. The A-1650 wind turbine is a horizontal axis model that is capable of operating in diverse terrain and wind conditions. This turbine has been designed by incorporating some additional features in the existing A-1500 model, which is also manufactured by AAER Systems. The A-1650 wind turbine has a total of three blades. Some of the features of this wind turbine include full span pitch control options and variable rotational speed.
Solar Trust of America announced that testing of an advanced parabolic trough solar radiation collector technology has been started by its subsidiary, Solar Millennium. The technology, which is known as HelioTrough, is being tested at a solar power plant in southwestern area of the United States. The purpose of testing is to measure the performance efficiency of the technology under commercial operating environment. The testing is performed before the solar collectors are installed at various proposed solar thermal plants across the world.
Cavico Corporation announced that it has signed an additional construction contract with Lilama for the Hua Na Hydropower plant. Cavico, a Vietnam-based infrastructure development company, is expected to earn additional revenues of $11.9 million from this contract. The initial contract value signed by the company with Lilama, a state-owned company, was $4.9 million for the construction work.
Capitalizing on a new legislation signed by Wisconsin Governor Jim Doyle into a law, which allows Energy Composites Corporation access to the $238 million municipal tax-free bonding authority, the company is moving ahead with its development of a wind blade producing plant in Wisconsin Rapids, Wisconsin. Federal American Recovery and Reinvestment Act, which is also known as Stimulus Bill, has created the Recovery Zone Facility pool.
The bioenergy market across the world is undergoing significant growth as countries are looking for renewable sources, especially biomass, for electricity generation and transport fuel. The growth of bioenergy market is assured despite fears of food crops being replaced by energy crops. The main drivers of growth in this sector are concerns for energy security and climate change.
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