Saudi Arabia Going Solar With $109 Billion Investment

Posted on May 21, 2012 by quest

If you thought solar energy was just a passing fad and not really a serious contender for supplying power for an energy starved world, think again. The revelation that Saudi Arabia has announced a $109 billion plan to create a solar industry that will generate a third of the nation’s electricity within two decades, could silence many skeptics. When the world’s largest source of oil goes solar that should wake everybody up! The Saudi Arabian Market would provide significant opportunities for the Solar Industry. “We are not only looking for building solar plants,” Maher al-Odan, a consultant at the King Abdullah City for Atomic and Renewable Energy, said in a recent interview. “We want to run a sustainable solar energy sector that will become a driver for domestic energy for years to come.” Saudi Arabia, the world’s largest oil exporter, hopes to have 41,000 megawatts of solar capacity by 2032 said al-Odan. According to Bloomberg New Energy Finance the nation trails Egypt, Morocco, Tunisia, Algeria, and the United Arab Emirates with only 3 megawatts of solar installations.

Five Star Equities releases regular market updates on the Solar Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Five Star Equities examines the outlook for companies in the Solar Industry and provides equity research on Trina Solar Limited TSL +1.93% and JA Solar Holdings Co., Ltd.Trina Solar Limited is a leading manufacturer of high quality modules and has a long history as a solar PV pioneer since it was founded in 1997 as a system installation company.

JA Solar Holdings is a leading manufacturer of high-performance solar power products. The company sells its products to solar manufacturers worldwide, who assemble and integrate solar cells into modules and systems that convert sunlight into electricity for residential, commercial, and utility-scale power generation. Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return.

Topaz Solar Farms The Worlds Largest To Date

Posted on May 21, 2012 by quest

Less than two weeks after its official groundbreaking ceremony, MidAmerican Solar and First Solar, Inc. marked another milestone at Topaz Solar Farms, located in San Luis Obispo County, Calif. On Wednesday, the first solar panel was installed on what is the largest solar project under construction in the world. When complete, the 550-megawatt AC project will include nearly 9 million photovoltaic panels.

To mark this significant event, the first solar panel was installed by Greg Abel, chairman, president and CEO of MidAmerican Energy Holdings Company, and Walter Scott, Jr., who serves on the boards of directors for Berkshire Hathaway Inc. and MidAmerican.

“The installation of this first solar panel is more than symbolic,” said Paul Caudill, president of MidAmerican Solar. “It represents nearly five months of hard construction work put in by a dedicated crew of craftspersons and on-site supervision, a large majority of whom live in the local area. They are helping us achieve our goal of safely and reliably delivering energy to our customer, Pacific Gas and Electric Company, all while adhering to our core value of respect for the environment.”The Topaz project will create approximately 400 construction jobs during its three-year construction period; will generate nearly $417 million in local economic impact, the majority of which will be generated during construction; and will provide California with renewable electricity. The Topaz project will provide enough energy to power approximately 160,000 average California homes.

Insight on US China Solar Tariffs

Suniva Named 2012 Cool Provider in Solar Energy

Posted on May 14, 2012 by quest

Suniva, Inc., a U.S. manufacturer of high-efficiency crystalline silicon solar cells and modules, today announced that it has been recognized by Gartner as a 2012 Cool Vendor in Solar Energy. The Gartner Cool Vendors in Solar Energy 2012 report highlights four vendors whose innovations could have a disruptive impact on the PV solar industry by dramatically reducing the cost of solar-generated electricity. The report highlights that improving the energy conversion efficiency of solar cells can be an effective cost reduction strategy, but only if increases in manufacturing complexity and cost are kept to a minimum. Suniva recently announced that its ARTisun(TM) Select series solar cells are now averaging 19 percent efficiency in plant-wide production, yielding conversion efficiencies of up to 16.3 percent at the module level.

“The report by Gartner recognizes that the Solar industry will continue to be driven by innovation that produces high efficiency, high performance cells at a cost that is sensible for today’s market conditions,” said John Baumstark, CEO, Suniva. “We’re proud of our inclusion in the report and for the recognition of our pioneering and proprietary work in producing the highest efficiency cells and modules possible through low cost manufacturing techniques.”

Suniva’s continued research, innovation and deep experience have led to these most recent cost-effective cell-efficiency improvements. In 2011, the company formed its Manufacturing Innovation Center to improve processes and enhance performance. Suniva’s unique, low-cost approach achieves these efficiency gains without the added steps and processing costs that traditionally characterize the means of increasing performance, thus avoiding the complexities and premiums of enhanced performance.

End Polluter Welfare Invest In Solar

Solar Powered Light Little Sun Launched

Posted on May 11, 2012 by quest

Little Sun, a small solar-powered light, was launched today at the World Economic Forum in Addis Ababa as part of the WEF’s focus on how art can contribute to changing the world.Leading artist Olafur Eliasson, working with engineer Frederik Ottesen, has been developing Little Sun – a work of art that works in life – over the last two years. Olafur Eliasson said: “Little Sun is a small work of art with a large reach. It brings the different strands of my work together in a new, meaningful context. One part of the artwork is the lamp itself and the activities enabled by its light; the other is the successful integration of Little Sun into off-grid communities – its journey from production to usage.”

Little Sun provides a practical, affordable, and safe source of artificial light to some of the 1.6 billion people worldwide who live without access to mains electricity. Little Sun makes light for living, learning, and earning. Little Sun creates business opportunities in off-grid regions that generate profits for everyone involved, in all stages of production, distribution, retail, and use.The light’s durable, versatile sun-like design utilises a 6 x 6 cm mono-crystalline solar module. When charged for four hours in the sunlight, Little Sun will yield five hours of bright LED illumination.

The Little Sun project will be presented at Tate Modern, London, this summer in a specially created display as part of the London 2012 Festival, the cultural programme that accompanies the London 2012 Olympic Games. Details will be announced shortly. A photo exhibition by leading Ethiopian artists about Little Sun solutions to energy poverty will be presented during the Forum: Tehras Berhe, Mihret Kebede, Desta Madere, Merklit Mersha, Michael Tsegaye, and Helen Zeru.

PlanetSolar Returns To Monaco Sails Into History

Yingli Solar To Power Rio’s Maracana Stadium

Posted on May 9, 2012 by quest

“Yingli Solar,”today announced its partnership with Light ESCO, EDF Consultoria, and the State of Rio de Janeiro to bring solar power to Brazil’s highest-profile football stadium, Estadio do Maracana. As the majority owner and project developer, Light ESCO is joining forces with EDF on the installation and construction, and will be supplying the energy produced to the State of Rio de Janeiro. “Sustainability is one of the key tenants in our vision for the 2014 FIFA World Cup,” said Federico Addiechi, Head of Corporate Social Responsibility at FIFA. “We hope this landmark project will be the catalyst to spur other football stadiums that may install solar PV systems across Brazil, serving to increase the production and use of renewable power in the country.”

“This is a once-in-a-lifetime opportunity to supply the most recognizable stadium in Brazil, and to work with two of the preeminent leaders of electricity generation and solar power in the country,” said Mr. Liangsheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. “Brazil is an important emerging market for Yingli, and we will continue to grow our presence here as the country’s solar energy potential blossoms.”Owned by the State Government, the stadium was opened in 1950 to host the 1950 FIFA World Cup™ and was the world’s largest stadium by capacity at the time. Currently seating 82,238 spectators, the arena will be the host facility for the 2014 FIFA World Cup™ final game. Under today’s agreement, over 1,500 YGE 245 Series modules will be placed on a metal ring that will encircle the top of the stadium.

“As the global renewable energy sponsor of the 2014 FIFA World Cup, Yingli is committed to helping Brazil and FIFA make it the greenest FIFA World Cup in history,” said Robert Petrina, Managing Director of Yingli Green Energy Americas, Inc. “We are pleased to be able to partner on such a historical project, and to provide a roadmap for other stadiums as we join together to leave a lasting, sustainable legacy in Brazil.”

Angelenos Looking Up To Rooftop Solar Power

Top Green Building Opening in Pittsburgh

Posted on May 7, 2012 by quest

Opening on May 23, 2012 at Phipps Conservatory and Botanical Gardens, the new 24,350-square-foot Center for Sustainable Landscapes (CSL) will emerge as one of the greenest buildings on Earth. Seeking to achieve or exceed the world’s highest sustainable standards, including the Living Building Challenge, LEED Platinum and Sustainable Sites Initiative certification for landscapes, it will also be the largest operational structure pursuing living building status in the U.S. when it opens.

Constructed with local talent and mostly U.S.-made materials, the CSL—home base for environmental education and research—aims to achieve net-zero energy consumption with solar photovoltaics, geothermal wells and a vertical axis wind turbine, as well as passive cooling, heating and lighting methods. It will also save resources by treating and reusing all water captured on site. Additionally, the CSL will interact with its environs as a vital part of daily operation, blurring the lines between the natural and built environments. And, as a global SITES™ pilot project, it will feature a restorative landscape with native plants and a demonstration green roof garden. Other site features include a lagoon, water distillation system, rain gardens, and constructed wetlands.

“Designed and built by Pittsburghers and Pennsylvanians as an innovation for the world, the CSL will serve as a model for how we can all work together with nature to make our communities healthier, safer and more supportive of life,” says Phipps’ Executive Director Richard V. Piacentini. “It will also give visitors the opportunity to see just how beautiful and practical green can be.” A leader in green building and operations, Phipps has also constructed the first LEED visitor center in a public garden—complete with a 3-star Green Restaurant Certified® cafe—and the world’s most energy-efficient tropical forest conservatory when it opened in 2006.