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LDK Solar registers third-quarter loss

LDK, a Chinese solar panels manufacturer, released its third-quarter financial results, which indicated a higher-than-expected revenue loss because of lower costs for solar energy equipment, factor that weighed substantially on company’s revenue.

read more... 23/11/2011

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Global PV market to reach 130 billion dollars by 2015

According to a new market research study “Global Photovoltaic Market &Insights into Chinese and Japanese Photovoltaic Markets (2010-2015)” released by MarketsandMarkets, the market for PV is likely to increase considerably, with an annual growth rate of 18.5 % from 2010 to 2015 expected to reach 130 billion dollars by 2015.

read more... 22/11/2011

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EIB to loan 235 million Euros for grid updates

European Investment Bank (EIB) has approved a loan worth 235 million Euros for the Irish network operator, Energy Supply Board (ESB) which constitutes half the investments required for the two-year program.

read more... 21/11/2011

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E.ON to develop pilot hydrogen plant for storing wind power

E.ON is mulling over developing a pilot plant that will convert power generated from wind energy into hydrogen which could be stored in the gas grid system. More than 5 million euros would be invested by the company for the development of this innovative technology.

read more... 18/11/2011

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Vestas request more than top 500 companies to invest in Wind

Renewable energy is gaining ground and becomes more affordable due to its competitive costs. Through a new marketing strategy, Vestas, a Danish wind turbine manufacturer, aspires to connect with over 500 energy companies by sending personalized InMail, through LinkedIn, a business-related social networking site. The InMail will express the financial and brand building benefits of investing in renewable energy and mainly in wind power.

read more... 17/11/2011

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