The Spanish government has now confirmed the country's reduced feed-in tariff rate, which will be paid to new solar-power projects. Ground-mounted plants' tariff will be cut by 45% while residential rooftop systems will be paid 5% less than before. All existing installations will receive the tariff quoted at the time of connection, for the full period of 25 years.
GCL Solar Energy and SolarReserve have agreed to enter into a joint venture towards the development, building and operation of solar PV facilities in the U.S. The joint venture, titled GCL-SR Solar Energy, has a 1,100MW portfolio of PV development projects, which range in size from 5MW to 20MW at 40 different sites across the United States. Construction is anticipated to start on up to 400MW of PV projects in the near future.
Greg Saunders is the newest executive to join Tioga Energy, being selected as the company’s new executive vice president and chief financial officer. Relying on his 25-year financial background with public and private companies, Saunders will manage the company’s financial development and impart strategic support as Tioga looks to expand its project portfolio.
The Philadelphia Eagles are setting their sights on another prize other than Super Bowl XLV trophy this year with their commitment to power Lincoln Financial Field with wind, solar and dual-fuel generated electricity. The team claims that this will be the world’s first major sports stadium to convert to self-generated renewable energy.
Further to the news earlier this week that Etrion has acquired the final tranche of SunPower's 33MW Montalto plant, the two companies have signed an agreement to build two further solar power plants, totaling 10MW, in the Puglia region of Italy. SunPower will design and construct the plants, as well as providing operations and maintenance services for Etrion, which will own the system.
Day4 Energy has agreed to supply Orciano Ambiente, an Italian solar project developer, with Day4’s 60-MCI solarModules for a 1MW ground-mounted solar PV system in Orciano, Pisano, Italy. This will be the first ground-mounted PV system for the town and is expected to reach completion by December with full operations to begin in February 2011.
Quantum Fuel Systems Technologies Worldwide will be issuing its first production series of solar roofs for its Fisker Karma electric car with the US$9.4 million production release it has received. The release will see Quantum work with Asola of Germany to begin volume production for the solar roofs during the early part of 2011. Quantum claims that this is the largest continuous and most highly curved solar roof for a passenger car.
HyperSolar’s development team has found that new design models are showing potential magnification of 300%. Using a thin and flat light magnification layer, thousands of small light collectors take the light into a light routing network, which then transmits the light to a smaller output area on the bottom where a solar cell can be attached. HyperSolar states that only one solar cell is needed under a 300% HyperSolar layer.
Day4 Energy has agreed to supply Orciano Ambiente, an Italian solar project developer, with Day4’s 60-MCI solarModules for a 1MW ground-mounted solar PV system in Orciano, Pisano, Italy. This will be the first ground-mounted PV system for the town and is expected to reach completion by December with full operations to begin in February 2011.
Statkraft is to sell its solar project company RA 2 to Innotech Solar's company, ITS Power. RA 2 owns the 3.3MWp solar project 'Borgo', which is under development in the municipality of Latina, 70km south of Rome, Italy. Borgo has now gained grid connection from Italian power company, ENEL. Innotech Solar anticipates the project to be fully operational by 2011.
