Latest news
GM inked an agreement with A123 for EV batteries
General Motors (GM) recently announced that it signed a contract with A123 Systems for the production of batteries aimed to be used in the next generation of GM’s electric cars. A123 is a developer and manufacturer of lithium ion batteries and systems. Under the signed agreement, the company will produce fully integrated electronic components.
read more... 17/08/2011
Two PV projects rejected by India’s Government
Recently, Indian Government rejected 2 of 37 solar projects accepted in its first national auction for renewable energy, while accepted several solar thermal projects.
read more... 16/08/2011
Vestas received 202 MW order from E.ON
Vestas received an important order for 202 MW from the E.ON Climate&Renewables North America for a project aimed to be developed in the USA during the first half of 2012. Under the signed contract, the company will deliver services and maintain the wind power plant for a five-years period.
read more... 15/08/2011
Wind power continues to increase in Q2 of 2011
U.S. wind power capacity continued to increase in the second quarter of 2011, with 2,151 MW of installed capacity in the first half of 2011 compared to 1,250 MW during the same period in 2010, with an increase of 72 percent, while a comparative stable energy framework supported the increase of wind power.
read more... 12/08/2011
SunPower to report lower profit in the second-quarter of 2011
SunPower Corp. announced a decrease in revenue in the second the quarter by 147.9 million dollars, compared to a loss of 6.2 million dollars, or 7 cents a share, a year earlier, in the context of low demand across Europe. According to the Chief Executive of SunPower, Tom Wemer, the company will try to raise its profit by developing new projects and cutting manufacturing costs.
read more... 11/08/2011