Latest news
First Solar slashes its outlook for 2011
First Solar slashed its sales and earnings outlook for 2011 for the second time in two months, while its 2012 outlook is seen below Wall Street view. The new forecast does not include expected charges planned to be allotted for efficiency improving. Currently, the company expects to register net sales between 2.8 and 2.9 billion dollars in 2011, down from its October forecast of 3 to 3.3 billion dollars.
read more... 27/12/2011
Google to invest $94 million in 4 solar projects
Google, the American multinational internet and Software Corporation, has recently announced a major investment in clean energy sector. The investment of $94 million will be allocated for the construction of four solar photovoltaic projects near California, Sacramento, bringing the company’s portfolio of clean energy projects to almost $1 billion.
read more... 26/12/2011
Geothermal outlook in 2012
The U.S. geothermal market will add new capacities by investing at the beginning of January 2012 up to billions of dollars. Earlier in 2005, the geothermal energy became a qualifying renewable source for the production tax credit (PTC), registering a significant boost in 2011.
read more... 26/12/2011
Tule Wind Power Project approved
The US Department of the Interior gave approval to the construction of a 186 MW Tule Wind Power Project owned by Iberdrola Renewables. The project is the first one approved for public lands among the other five wind projects agreed on by Secretary Ken Salazar and then by the governor Arnold Schwarzenegger in 2009. The wind project will be built in the In-Ko-Pah Mountains of San Diego County, California (USA).
read more... 23/12/2011
Centrica acquires a biomass heating company Ecoenergy
The British gas company Centrica has recently acquired the Ecoenergy, a leading supplier of biomass heating solutions to the public and private sector. In 2010, Ecoenergy sold 500 projects, characterizing itself as the most accomplished biomass heating company in the UK.
read more... 22/12/2011