News Archive for AFL, Cable & Wire News, Fibre Optic News, Renewable News

AFL Introduces Optical Ground Wire for the Renewables Market

Spartanburg, SC – August 26, 2014 – AFL is adding to its Optical Ground Wire product line by introducing Renewables-Optimized Optical Ground Wire (OPGW), an aerial fiber optic cable designed specifically for the renewables market. The Renewables-Optimized OPGW allows for greater ease and flexibility in installation timelines while providing excellent electrical and mechanical properties. Read more…

Polish competition authorities approve DONG Energy’s sale of the Polish onshore wind business

In continuance of the company announcement of 19 February 2013 regarding PGE’s and Energa’s acquisition of DONG Energy’s Polish onshore wind business, DONG Energy can now announce that competition clearance from the Polish Anti-Monopoly Office has been obtained. On this basis, the transaction is expected to be closed during the coming weeks. Read more…

IBERDROLA allocates €25,000 million towards development of renewable energies in last decade

IBERDROLA has allocated some €25,000 million to developing economically sustainable renewable energies in the last decade. This is the highest figure ever invested by a company in this field.  Read more…

New Dogger Bank contract takes Forewind offshore spend to almost £45 million

The latest seabed survey contract award by Forewind, developer of the Dogger Bank offshore wind zone, takes the consortium’s spend on offshore surveys to almost £45 million. Read more…

U.S. department of interior approves SolarReserve’s 100 MW Arizona solar power project

SANTA MONICA, Calif., June 4, 2013 /PRNewswire/ — U.S. Secretary of the Interior Sally Jewell announced the approval of the Record of Decision (ROD) for the Quartzsite Solar Energy Project located in La Paz County, Ariz. With this authorization, SolarReserve, a U.S. developer of large-scale solar power projects, is proceeding with the development of its 100 megawatt project, located on Bureau of Land (BLM) managed land. The Quartzsite Project will be utilizing SolarReserve’s concentrated solar power (CSP) technology with integrated storage which allows the facility to operate like a conventional power plant, but without the environmental damage from emissions and waste. Read more…

Kyocera Solar Inc. announces 127 megawatt utility-scale solar installation opens in Arizona with 25MW of U.S

Kyocera Solar Inc. today joined LS Power and Arizona Governor Jan Brewer to officially open the Arlington Valley Solar Energy II (AV Solar II) utility-scale installation in southwest Arizona. Kyocera is providing 25* megawatts (MW) of proven, reliable solar modules for the 127MW photovoltaic (PV) installation; all Kyocera modules included in the project were U.S.-made. Block 1 of the 5-section installation is now live, with the remaining sections expected to be completed in the fourth quarter of 2013. Read more…

Greentech Media identifies “Intelligent Efficiency” as a top driver of the energy efficiency market

BOSTON, May 1, 2013 /PRNewswire/ — Greentech Media releases a special report today, “Intelligent Efficiency: Innovations Reshaping the Energy Efficiency Market,” that identifies how energy efficiency is evolving into “intelligent efficiency,” highlighting value for customers, energy providers, building managers, and others. The report’s author, Stephen Lacey, previously of Climate Progress and Renewable Energy World, has joined Greentech Media’s editorial staff as our Senior Editor covering energy efficiency. Read more…

ABB to power one of Africa’s largest photovoltaic solar plants and support renewables thrust

ABB, the leading power and automation technology group, has won an order worth around $25 million to supply electrical and control systems for a new 75 megawatt (MW) photovoltaic (PV) power plant in the Northern Cape province of South Africa. The order was booked in the first quarter. Read more…

Finavera Wind Energy finalizes terms for sale of two wind projects to Pattern Energy for $28 million

VANCOUVER, April 29, 2013 /CNW/ – Finavera Wind Energy Inc. (‘Finavera Wind Energy’, ‘Finavera’ or the ‘Company’) (TSX-V: FVR) is pleased to announce the completion of a Purchase and Sale Agreement with Pattern Renewable Holdings Canada ULC, a subsidiary of Pattern Energy Group LP (‘Pattern’) following discussions with BC Hydro and various government agencies.  Pattern Energy is a large, independent power company operating 1,155MW of wind energy projects in Canada, the United States and Chile.  Pattern and Finavera have prioritized the purchase by Pattern of the Company’s Tumbler Ridge and Meikle Wind Energy Projects for gross cash consideration of up to $28 million subject to certain conditions.  Pattern will retain an option for two years from closing of this transaction to purchase the Wildmare and Bullmoose Wind Energy Projects on similar terms.  The Transaction is subject to Shareholder Approval and third party consents.

Finavera CEO Jason Bak states, “This transaction provides a strong return on capital invested in these projects and provides a platform for the next stage of growth for Finavera Wind Energy.  Finavera has established itself as an early stage developer of renewable energy projects up to the point where large scale capital is required for construction.  The incoming cash will be used to pay down debt, aggressively manage our burn rate, and embark on a fiscally prudent
review of opportunities in the marketplace within the next 2 to 6 months.

Given the depressed state of a significant number of junior companies with excellent assets, it is an ideal time to be in a strong positive cash position.”

Under the terms of the agreement with Pattern, up to $9.3 million will be paid to Finavera upon shareholder approval of the transaction and the completion of Pattern’s acquisition of the project companies. The balance of the $28 million will be payable on a milestone basis as the projects proceed to construction financing.  Pattern has also agreed to provide a credit facility to the Company at a rate of 10% per annum, which will be repaid in 2013. The agreement is subject to approval from shareholders and the TSX Venture Exchange.  The Company will be mailing an Information Circular to shareholders shortly and a shareholder meeting will be scheduled before the end of June to seek approval for the transaction.

In addition to the consideration due to the Company for this transaction with Pattern, Finavera is continuing to develop the 105 megawatt Cloosh Valley Wind Project in Co. Galway, Ireland with SSE plc (SSE:LSE).

Cloosh Valley is currently Ireland’s largest onshore wind project and the project is expected to attain financing and commence pre-construction activities in Q4 2013.  At this point, a final payment of EUR7.14 million (approx. $9.53 million) is due to the Company, as per the terms of the agreement signed with SSE in August 2010.  In addition, Finavera maintains a 10% working interest in the Cloosh Valley Wind Project.

“Based on the Pattern transaction and the value of the Cloosh Valley Wind Project assets, and using a set of conservative working assumptions, Finavera estimates the Company’s net asset value to be $0.41 per share. In this market, having cash on hand puts Finavera in a strong position to identify and develop new opportunities for the benefit of shareholders or to return cash to shareholders in the event that opportunities do not arise.” concluded Bak.

SOURCE Finavera Wind Energy Inc.

Envision Solar completes first Cadillac Solar Tree® structure

FREMONT, Calif., April 29, 2013 /PRNewswire/ – Envision Solar International, Inc., a leading sustainable infrastructure product designer and developer, announced installation of its new Cadillac Solar Tree® array at Fremont Cadillac Buick GMC. Read more…

Vestas deploys multiple ZephIR Lidars at largest wind power project in the Southern Hemisphere – Macarthur Wind Farm, Australia

Leading wind turbine manufacturer Vestas have announced the deployment of three ZephIR 300 Lidar systems at the 420MW Macarthur Wind Farm in Australia to provide hub height and full rotor wind speed measurements across the Southern Hemisphere’s largest wind power project. Read more…

High Energy Consumption? The Time Has Come To Think Renewable

At a time of high energy prices renewable energy is presenting new opportunities for reducing costs, particularly for businesses with significant energy consumption. Think Renewable Energy is a company that has proudly created some of the most innovative solar PV projects throughout the UK.
The latest scheme in Yorkshire features a 90kWp post driven ground mount system, providing the necessary power of around 82,260kWh a year to serve  an onsite piggery for a major agricultural client. Delivered on schedule, a team of Think Renewable’s specialist designers, engineers and project managers carried out   the project from start to finish, and has  also delivered a number of other projects across the north of England for a range of landowners and businesses.
The smooth execution of such a task is due to the wide experience that Think Renewable Energy has picked up over the years, designing high quality bespoke solar PV systems for an extensive range of clients of various sizes, from residential projects through to major solar farms across the UK.
Projects Suited To Size
Defined as anything over 50kWp, large scale or industrial solar PV projects present huge opportunities for clients and landowners who use high amounts of energy, and wish to lower their costs. Although the feed in tariff rates may fall by 3.5% from the May 1st for large scale systems, Think Renewables can still offer impressive returns of up to 16%.
For commercial or residential projects, Think Renewable Energy also has  a number of systems offering impressive returns, saving significant amounts of money throughout the project’s lifespan.
Choose Think Renewable Energy
So what exactly makes Think Renewable Energy a breed apart from the rest? As an established solar PV specialist with a renowned reputation for fantastic service and quality, Think Renewable Energy proves to be an industry leader in its field.
Offering thorough site assessments, surveys and fully involved project management, a combination of high quality products and fast, reliable installation makes Think Renewable Energy’s  service stand above the rest.
Join Our Seminar
Now is your chance to find out more! If you’re considering investing in Solar PV or simply want to ask a few questions regarding the technology, Think Renewable Energy holds regular seminars and on-site tours providing detailed information and answers to all queries.
Come along to Think Renewable Energy’s next seminar on Wednesday 8th May at Fridlington Farms. The event will include a walk around the solar PC site accompanied by a question and answer session. Places are free but limited and  early booking is essential.
To secure a place contact Victoria Geater on 01423 227 227, or email info@thinkrenewableenergy.co.uk.
Think Renewable Energy, The Stables, Newby, Weeton, LS17 0EY
Tel: 01423 22227
www.thinkrenewableenergy.co.uk

Denmark announces farmers want to invest in solar energy systems

Since the Danish Government changed its subsidy rules for solar energy last December, solar energy systems have become an increasingly interesting and realistic investment for Danish farmers. Read more…

Five megawatt Kalaeloa Solar Farm now generating power on Oahu

HONOLULU, March 8, 2013 /PRNewswire/ – Today, Hawaii Governor Neil Abercrombie will join representatives of the Department of Hawaiian Home Lands (DHHL) and Hawaiian Electric Company in a dedication ceremony for a new five-megawatt Kalaeloa Solar Farm in West Oahu. Read more…

Mass Megawatts Wind Power, Inc. new wind turbine prototype to be exhibited at Denver Home Show

WORCESTER, Mass., March 8, 2013 /PRNewswire/ – Mass Megawatts Wind Power, Inc. (OTC: MMMW) is planning to exhibit a prototype of its new patented, ‘Wind Electric Power Generator’ with only seven moving components at the Denver Home Show being held at the National Western Complex in Denver, Colorado on the weekend of March 15, 2013 through March 17, 2013.  This wind-based, power system produces reliable, low-cost, and clean energy that’s well suited at remote and rural locations, including agricultural and commercial facilities. Read more…

Solar America looks toward Mexico and Central America as next hot spot for solar projects

Solar America Corp. (OTCBB: SOLX) has identified Mexico and Central America as regions capable for tremendous growth in the solar market. Solar America is positioned to participate in this growth through the use of their comprehensive solutions, which can be easily implemented throughout Mexico and Central America. Read more…

NRG begins operations at 26 MW Borrego solar photovoltaic facility

NRG Energy, Inc. (NYSE: NRG), through its wholly owned subsidiary NRG Solar, announced the start of commercial operations for the Borrego I Solar Generating Station, a 26 megawatt (AC) photovoltaic facility located northeast of Borrego Springs, Calif. The station’s electricity will be sold to San Diego Gas & Electric under a 25-year power purchase agreement. Read more…

Panasonic and Pristine Sun form strategic relationship to build 50MW of California solar farms

SECAUCUS, N.J., March 5, 2013 /PRNewswire/ — Panasonic Eco Solutions Energy Management North America and Pristine Sun have aligned to begin the first phase of a portfolio build-out of solar PV farms in California over the next 24 months.  50MW of solar power will be connected to the grid and sold to PG&E, which is enough to power approximately 50,000 homes. Together Panasonic and Pristine Sun are the leading integrators in the PG&E Feed-in Tariff program, setting a model that is scalable as both companies continue to entrench themselves as leaders in the U.S. utility solar market. Read more…

Stem and the Sacramento Municipal Utility district partner to explore Sacramento’s solar energy future

SACRAMENTO, Calif., March 5, 2013 /PRNewswire/ – Stem, a leader in energy optimization, and the Sacramento Municipal Utility District (SMUD) announced today a pilot project to study the impact of high penetration solar photovoltaics (PV) on the grid. Read more…

ReneSola PV module shipments to Australia top 100 MW

JIASHAN, China, Feb. 26, 2013 /PRNewswire/ — ReneSola Ltd (“ReneSola” or the “Company”) (NYSE: SOL), a leading global manufacturer of solar photovoltaic (“PV”) modules and wafers, today announced that the Company has shipped over 100 megawatts (“MW”) of PV modules to customers in Australia since January 2012. Read more…

Member Profiles

Featured Profile

Featured Profile

Featured Videos

Featured Case Studies