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.
Canadian Solar announced that its subsidiary, Canadian Solutions, in collaboration with Aecon and Towcon Holdings is completing the installation of a 250-kW photovoltaic rooftop system in Ontario, a first in this province. Canadian Solar provides turnkey solar solutions to commercial, solar farm, and residential markets.
The roof of the Miller house is flat, so that 18 solar modules are mounted on racks, which are positioned in a tilted position. The solar panels are tilted to have maximum exposure to sun and harness maximum solar energy. After installing the solar PV system, the homeowners had been getting electrical bills with negative balance.
Element Power reported that it has purchased 1.4 GW of wind assets from EcoEnergy. However, the company did not disclose the acquisition price.
DRI Energy announced that it has completed the largest solar power system in the Anaheim city. The 500 kW solar power system was designed and installed by the company for SA Recycling, a company that is engaged in metal recycling and processing. To mark the completion of the system, SA Recycling held a ribbon-cutting ceremony at its headquarters. Mayor of Anaheim, Curt Pringle, presented the key-note speech at the ceremony.
NV Energy has signed a 20-year power purchase agreement with Pattern Energy Group for the sale of electricity produced from a wind power project that is proposed to be constructed in eastern Nevada.
Greenhouse Gas Services, with the acquisition of StormFisher, has entered into renewable energy business and into Canada. Greenhouse Gas Services is a venture between GE Energy Financial Services and the AES Corporation and is engaged in investing and developing greenhouse gas reduction projects. StormFisher develops and operates projects that convert agricultural or food byproducts into electricity or natural gas.
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