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Solar Cell Power Breakthrough

2013-03-28 14:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Environmental News Network: Due to some unique physical light absorption properties of nanowires, the limit of how much energy we can utilize from the sun's rays is higher than previous believed. These results demonstrate the great potential of development of nanowire-based solar cells, says PhD Peter Krogstrup on the surprising discovery that is described in the journal Nature Photonics. The research groups have during recent years studied how to develop and improve the quality of the nanowire crystals, which is a cylindrical...

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Solar Power close to Cost Parity with other Energy Sources

2013-03-20 12:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Environmental News Network: They said it couldnt be done. They tried to tell us that renewable energy could only survive if it were propped up with government subsidies. Never mind that our whole system of economic development, beginning with the patent office, is predicated on the idea that fledgling, underfunded industries need special protection for a limited time until they are strong enough to go it alone. Never mind that the fossil fuel industry, which can hardly be considered fledgling or underfunded, is still receiving...

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Mitsubishi joint venture acquires Italian solar power producer

2013-03-20 01:00:00| Power Technology

A joint venture between Mitsubishi, Innovation Network Corporation of Japan (INCJ) and Solar Ventures has acquired a 100% stake in Italian solar power producer Solar Holding.

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Chinese solar power firm defaults on debts

2013-03-19 09:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: Suntech, one of the world's biggest solar panel manufacturers, has defaulted on a $541m (358m) bond payment in the latest sign of the financial squeeze on the struggling global solar industry. Suntech Power Holdings' announcement was a severe setback for a company lauded by China's Communist government as a leader of efforts to make the country a centre of the renewable energy industry. Its founder, Shi Zhengrong, became one of the industry's most prominent entrepreneurs and a billionaire, only...

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Masdar cuts ribbon on worlds largest concentrated solar power plant

2013-03-19 01:05:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: Abu Dhabi's Masdar project has officially inaugurated the world's largest solar thermal power project, after yesterday bringing online the 100MW Shams 1 concentrated solar power (CSP) plant. The $600m project, which was developed in partnership with oil giant Total and Spanish energy developer and solar specialist Abengoa, is now expected to displace approximately 175,000 tonnes of CO2 a year and act as a forerunner for further CSP projects in the United Arab Emirates (UAE). "The inauguration...

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