Stirling Solar Power
Privatly held Stirling Energy Systems is in the news today. This company takes the 19th century Stirling engine and pairs it with a solar collector to generate clean energy. "The Stirling engine makes solar power so much more efficiently than photovoltaic solar cells can," said Robert Liden, chief administrative officer at Stirling Energy Systems Inc. (Phoenix). "That's because the Stirling solar dish directly converts solar heat into mechanical energy, which turns an ac electrical generator." The bottom line, he said, "is that large farms of Stirling solar dishes ��? say, 20,000-dish farms ��? could deliver cheap solar electricity...
United Solar Ovonic Signs Multi-Year Agreement with Biohaus PV Handels GmbH for up to...
Energy Conversion Devices Inc (ENER) announced that it has signed a multi-year agreement with Biohaus PV Handels GmbH for sale of up to 9.6 MW of photovoltaic (PV) laminates. Biohaus will incorporate the UNI-SOLAR® BIPV laminates with its proprietary panel design to address Germany's expanding grid-connected PV market. Using United Solar Ovonic's thin-film amorphous solar laminates, these thin-film products will be the highest rated peak power modules available on the German market.
WorldWater Contracts to Install California’s First Solar Powered Pumping System for a Public Water...
Worldwater Corp (WWAT)has finalized a contract to install a 57-horsepower solar-powered pumping system at the Idyllwild Water District, in Idyllwild, California. It is the first use of large solar pumps by a water utility and the first use of WorldWater's AquaMax(TM) for this purpose, according to Quentin T. Kelly, WorldWater Chairman and CEO. WorldWater, a full service provider of solar power solutions, will handle all aspects of installation of the $309,000 system.
SatCon Technology Corporation Announces Order from Sun Edison
SatCon Technology Corporation (SATC) nnounced that it has entered into a strategic supply agreement and has received a purchase order from New Vision Technologies, an affiliate of Sun Edison, LLC, to initially deliver up to 10 megawatts of PowerGate(TM) photovoltaic inverters through the end of the year. Sun Edison has multiple photovoltaic projects around the U.S. already under contract and the 500kW inverter, recently unveiled by SatCon, is a particularly good fit to meet their demands for high efficiency power conversion.
Campaign for renewable energy begins
Colorado House Speaker Lola Spradley, R-Beulah. and U.S. Rep. Mark Udall, D-Eldorado Springs, co-chairs of Amendment 37—the Renewable Energy Initiative—kicked-off their statewide campaign Thursday with stops throughout Colorado. Amendment 37 would require 10 percent of Colorado's electricity be generated from renewable energy by 2015. The program is scaled beginning with a 3 percent requirement by 2007, 6 percent by 2011, and 10 percent by 2015.
Nation’s First Completely Solar-powered CVB Website Prepares to Launch
On September 1, 2004, the Portland Oregon Visitors Association (POVA) is scheduled to become the nation's first convention and visitors bureau (CVB) to launch a website 100 percent powered by solar energy. That's right, in a city renowned for its lush, abundant rainfall, the local CVB's website— www.travelportland.com —is transitioning to a completely solar-powered energy source.
Solar REITs Unlikely to Win Favorable IRS Ruling
by David K. Burton In early 2013, many in the solar industry appeared to be thinking that the IRS’s blessing of a solar REIT would be provided within weeks. It is now the middle of 2013, and it appears the thinking from a few months ago was at best irrational exuberance. Three events have triggered a change in perspective on solar REITs. First, Hannon Armstrong’s (NYSE:HASI) private letter ruling request as to its REIT status is now public. Prior to the ruling being made public, the industry scuttlebutt was that the ruling would bless rooftop solar as REIT...
What Shouldn’t Be in a Green Energy Portfolio
The London Accord took a look at what portfolio theory would suggest as the most effective ways to address Climate Change. Knowing which technologies don't make the cut is at least as useful as knowing which technologies do. Tom Konrad, Ph.D., CFA I recently looked at a paper from the London Accord which used portfolio theory to recommend the best mixes of technologies to deliver different levels of carbon abatement. The most useful technologies to achieve the needed levels of carbon abatement were Forestry, Hydropower, Biofuels, Wind, Efficiency, and Geothermal. I suggested stocks that investors might consider to invest in...
Evergreen Solar Introduces Sunplicity Flat Roof Mounting System for EC-100 Series Modules
Evergreen Solar Inc (ESLR) introduced Sunplicity(TM), an advanced Flat Roof Mounting System (FRMS) designed specifically for use with its EC-100 Series modules. Geared for large and small solar PV installations on commercial, institutional and government buildings, the Sunplicity FRMS is a non-penetrating, aerodynamic, self-ballasted system that enables faster, easier and more cost-effective PV installations.
Energy Conversion 4Q Sales Disappoint
Energy Conversion Devices Inc (ENER) announced quarterly results on Monday. They beat Wall Street expecations with a less than expected loss, but did not meet sales estimates. They posted a loss of $6.9 million, or 23 cents per share, for the three months ended June 30, compared with a year-ago loss of $11.5 million, or 44 cents per share. The company's loss from continuing operations was 22 cents per share. Wall Street estimates on the loss were 26 cents a share. The stock is currently trading down over 4% in pre-market trading. I have been looking for a...
DayStar CEO Issues Operational Update
Dr. John Tuttle, Chairman and CEO of DayStar Technologies Inc (DSTI) released a very extensive operational update detailing fundamental progress that has been made by DayStar over the past several months. "Since my last communication of this nature, we have made great progress towards establishing our first product-based revenue opportunities and have announced two new exciting customer relationships. Specifically, on June 9, 2005, we reported signing a purchase agreement with Blitzstrom, GmbH, a PV system integrator of Megawatt-scale PV power plants and a distributor of photovoltaic systems and components in Germany and the EU. This agreement, which could...
Politics Likely to Continue to Cast Shadow Over Solar
by Clean Energy Intel Solar stocks have clearly been heavily affected by the political fall out following the Solyndra affair - and unfortunately the political debacle only looks likely to get worse. The Hill now reports that the Republicans on the House Energy and Commerce Committee are deeply focused on attempting to prove that the Obama Administration broke the law in restructuring the $535m loan guarantee it had granted to Solyndra. Clearly, this is largely politically motivated and as such is only likely to remain so as we move deeper into the election season. However, from an...
The Next Trend: Integrating PV with Solar Thermal
Tom Konrad CFA The Once Bright Future of CSP Solúcar PS10 solar tower. Photo by afloresm via Flickr Since before I started writing about investing in clean energy in 2006, I’ve been fascinated by Concentrating Solar Thermal Power (CSP.) CSP held the promise of much cheaper energy than was then available from photovoltiac (PV) solar, combined with thermal storage, which eliminated the variability problems of PV. Unlike other renewable energy able to produce baseload power (geothermal, biomass, and hydro), CSP is scaleable: The solar resource in areas...
Renewable energy touted in new study
Nearly 36,000 jobs could be created in Texas if an increase in the national renewable energy standard were adopted, according to a new study released by the Union of Concerned Scientists. A national standard would require that 20 percent of the country's electricity come from clean, renewable sources like wind, biomass and solar.
Saudi Arabia to Become the Saudi Arabia of Solar Electricity
by Garvin Jabusch A couple days ago Bloomberg reported the following: "Saudi Arabia plans to generate solar electricity equaling the amount of its energy from crude exports, Oil Minister Ali Al-Naimi said." Wait, what? That sounds like a ridiculous quantity of solar electricity. The article doesn't say quantitatively how much energy that is, so I did a quick check. Saudi Arabia exports about 2.7 billion barrels of oil per year, each containing the equivalent of 1,700 Kilowatt hours of electricity for a total of 4.59 × 1012 KwH per year, or the equal of about one quarter or the...
Aqua Dyne To Test Solar Powered Water Desalination
Aqua Dyne Inc. (AQDY.OB) and the Australian, Commonwealth Scientific and Industry Research Organisation (CSIRO), the Federal Government's Premier Research Organisation will be advancing the study and use of Solar Energy in thermal water desalination for the Coal Mining Industry. Aqua Dyne has received approval to deploy component modules of the JetWater Thermal Desalination system to a site adjacent to Lake Liddell in the Upper Hunter region of New South Wales, Australia. The JetWater Thermal module will be tested and monitored over a three month trial program. The module will be connected to a solar energy system developed and...