Scientists at the National Renewable Energy Laboratory (NREL) have created a solar cell with an efficiency of nearly 50%. The six-junction solar cell now holds the world record for the highest solar conversion efficiency at 47.1%, which was measured under concentrated illumination. A variation of the same cell also set the efficiency record under one-sun […]
The post NREL’s Six-Junction Solar Cell Sets Efficiency Records appeared first on Solar Industry.
Since 2005, national greenhouse gas (GHG) emissions have fallen by 10%, and power sector emissions have fallen by 27% – even as our economy grew by 25%, according to the 2020 edition of U.S. Environmental Protection Agency’s (EPA) annual report on nationwide GHG emissions. “This report highlights declining emissions trends since 2005, showing that the […]
The post Greenhouse Gas Emissions Fall Despite Growing Economy appeared first on Solar Industry.
Standard Solar Inc., a solar energy company specializing in the development and financing of commercial solar electric systems, says Peter Coleman has joined the company as senior vice president of structured finance. “Peter brings a wealth of experience to our finance team, and we look forward to his contributions as we grow and expand our […]
The post Standard Solar Elects New Senior Vice President of Structured Finance appeared first on Solar Industry.
The Conway Corp. board of directors has approved a 20-year purchase power agreement (PPA) with Lightsource BP. The agreement is for the development of a 132 MW DC solar energy project in White County, Ark. Lightsource BP will finance, build, own and operate the facility and will deliver the solar energy it generates to Conway […]
The post Conway, Lightsource Partner to Develop Solar Project appeared first on Solar Industry.
Virginia Governor Ralph Northam has signed the Virginia Clean Economy Act (VCEA). The act passed in the state senate and the house of delegates in March. This legislation paves the way for the expansion of offshore wind, solar, onshore wind and energy storage. The VCEA calls for 73% or more of the state’s electricity to […]
The post Northam Signs the Virginia Clean Economy Act appeared first on Solar Industry.
ENGIE North America, an independent power producer and energy efficiency services provider, has signed a major tax equity financing for its renewables portfolio. The portfolio consists of 2.0 GW of renewable assets, comprising 1.5 GW of onshore wind and 0.5 GW of utility-scale solar PV projects (11 farms in total). These assets are located in […]
The post ENGIE North America Adds Solar to Renewables Portfolio appeared first on Solar Industry.
The American Solar Energy Society’s (ASES) 49th Annual National Solar Conference, SOLAR 20/20: Renewable Energy Vision, will now take place 100% online in their first virtual conference. The ASES SOLAR 20/20 National Organizing Committee (NOC) has been monitoring the COVID-19 situation closely. The NOC has decided to convert the live event in Washington, D.C., to […]
The post SOLAR 20/20: Renewable Energy Vision Conference Goes Virtual appeared first on Solar Industry.
Total corporate funding, including venture capital funding, public market and debt financing into the solar sector in the first quarter has reached $1.9 billion, 31% lower compared to the $2.8 billion raised in the first quarter 2019, according to Mercom Capital Group’s recent report on funding, merger and acquisition (M&A) activity for the global solar […]
The post First Quarter Corporate Funding in Solar Sector Close to $2 Billion appeared first on Solar Industry.
Infrastructure and Energy Alternatives Inc. (IEA), an infrastructure construction company, has begun construction on the 25 MW AC Appling Solar Farm, located near the city of Baxley, a rural community in Southeast Georgia. Nashville-based Silicon Ranch Corp., an independent solar power producer, selected IEA’s subsidiary, IEA Constructors LLC, as the engineer-procure-construct contractor for the project. […]
The post IEA Begins Construction on the Appling Solar Farm appeared first on Solar Industry.
Longroad Energy, a U.S.-based renewable energy developer, owner and operator, has reached a financial close and started the construction of Little Bear Solar – comprised of four separate projects totaling 215 MW DC – in Fresno County, Calif. Two Danish pension funds, PKA and PenSam, represented by their investment manager AIP, say they are investing […]
The post Longroad Completes Financing for Little Bear Solar Projects appeared first on Solar Industry.
The U.S. Department of Energy (DOE) has allotted $4.5 million in funding to training programs for professionals who interact with distributed energy resources, including solar energy systems, storage systems, “smart” building technologies and electric vehicles. These professionals include those that lead the nation’s emergency response and resilience planning, such as firefighters, first responders and safety […]
The post DOE Allots Funds to Train Emergency Response, Building Professionals appeared first on Solar Industry.
The New Jersey Board of Public Utilities (NJBPU) has directed its staff to close the state’s Solar Renewable Energy Certificate (SREC) Registration Program, effective April 30, 2020. “While today marks the end of one chapter, it also marks the beginning of a new chapter that I believe will lead to a very successful solar future […]
The post NJBPU to Close State’s SREC Registration Program appeared first on Solar Industry.