Solar power

First Solar, Inc. Announces Fourth Quarter and Full Year 2020 Financial Results and 2021 Guidance

Thursday, February 25, 2021 - 9:05pm

First Solar has scheduled a conference call for today, February25, 2021 at 4:30 p.m.

Key Points: 
  • First Solar has scheduled a conference call for today, February25, 2021 at 4:30 p.m.
  • The guidance figures presented above are forward-looking statements that are subject to a variety of assumptions and estimates.
  • Investors are encouraged to listen to the conference call and to review the accompanying materials, which contain more information about First Solars 2021 guidance.
  • First Solar is a leading global provider of comprehensive photovoltaic (PV) solar solutions which use its advanced module and system technology.

Gold Fields Welcomes NERSA Approval Of South Deep Solar Plant

Thursday, February 25, 2021 - 4:24pm

JOHANNESBURG, Feb. 25, 2021 /PRNewswire/ -- Gold Fields Limited (Gold Fields) (JSE: GFI) (NYSE: GFI) welcomes the electricity generation licence approved today by the National Energy Regulator of South Africa (NERSA) for the construction of a 40MW solar power plant at its South Deep mine.

Key Points: 
  • JOHANNESBURG, Feb. 25, 2021 /PRNewswire/ -- Gold Fields Limited (Gold Fields) (JSE: GFI) (NYSE: GFI) welcomes the electricity generation licence approved today by the National Energy Regulator of South Africa (NERSA) for the construction of a 40MW solar power plant at its South Deep mine.
  • The solar plant has the potential to provide around 20% of South Deep's average electricity consumption.
  • Says Nick Holland, Gold Fields' CEO: "The solar power plant will increase the reliability and affordability of power supply to South Deep, ultimately enhancing the long-term sustainability of the mine.
  • Power from the South Deep solar plant will partially replace coal-fired electricity from Eskom, enabling us to significantly reduce our Scope 2 carbon emissions."

Pacific Green Appoints Jose Lobo as Vice President of Business Development, Latin America

Wednesday, February 24, 2021 - 1:00pm

DOVER, DE, Feb 24, 2021 - (ACN Newswire) - Pacific Green Technologies, Inc. (the "Company" or "PGTK", (OTCQB:PGTK)) announces the appointment of Jose Lobo as Vice President of Business Development, Latin America, effective February 1st, 2021.

Key Points: 
  • DOVER, DE, Feb 24, 2021 - (ACN Newswire) - Pacific Green Technologies, Inc. (the "Company" or "PGTK", (OTCQB:PGTK)) announces the appointment of Jose Lobo as Vice President of Business Development, Latin America, effective February 1st, 2021.
  • Over the last 20 years, Jose Lobo has been developing green energy projects throughout Latin America with a specific focus on wind turbines, concentrated solar power (CSP), hydro and photovoltaic (PV) power generation facilities.
  • Scott Poulter, PGTK's Chairman and Chief Executive, commented: "We are delighted to welcome Jose to Pacific Green.
  • Jose Lobo commented: "I am thrilled to join Pacific Green and look forward to developing the Company's business in Latin America.

Global Solar Power Market Size Expected to Exceed $194 Billion By 2027

Tuesday, February 23, 2021 - 1:45pm

West Coast energy provider Pacific Gas & Electric has committed to making renewable energy, including solar, 55 percent of its power portfolio by 2031.

Key Points: 
  • West Coast energy provider Pacific Gas & Electric has committed to making renewable energy, including solar, 55 percent of its power portfolio by 2031.
  • A report from Fortune Business Insights said projected that the global solar power market size, which was USD 163.70 billion in 2019, is projected to reach USD 194.75 billion by 2027, exhibiting a CAGR of 5.9%.Active solar companies in the market this week include First Solar, Inc. (NASDAQ: FSLR), Green Stream Holdings Inc. (OTCPK: GSFI), SunPower Corp. (NASDAQ: SPWR), SolarEdge Technologies, Inc.(NASDAQ: SEDG), Enphase Energy, Inc.(NASDAQ: ENPH).
  • Another report from Grand View was also optimistic about the submarket for solar panels, saying that: "The global solar PV panels market size was valued at USD 115.2 billion in 2019 and is projected to grow at a compound annual growth rate (CAGR) of 4.3% from 2020 to 2027.
  • Economies of scale installation in these sectors compensate for any loss in panel efficiency, thereby making the solar PV systems profitable for large scale power generation.

Global Solar Power Market Size Expected to Exceed $194 Billion By 2027

Tuesday, February 23, 2021 - 1:45pm

West Coast energy provider Pacific Gas & Electric has committed to making renewable energy, including solar, 55 percent of its power portfolio by 2031.

Key Points: 
  • West Coast energy provider Pacific Gas & Electric has committed to making renewable energy, including solar, 55 percent of its power portfolio by 2031.
  • A report from Fortune Business Insights said projected that the global solar power market size, which was USD 163.70 billion in 2019, is projected to reach USD 194.75 billion by 2027, exhibiting a CAGR of 5.9%.Active solar companies in the market this week include First Solar, Inc. (NASDAQ: FSLR), Green Stream Holdings Inc. (OTCPK: GSFI), SunPower Corp. (NASDAQ: SPWR), SolarEdge Technologies, Inc.(NASDAQ: SEDG), Enphase Energy, Inc.(NASDAQ: ENPH).
  • Another report from Grand View was also optimistic about the submarket for solar panels, saying that: "The global solar PV panels market size was valued at USD 115.2 billion in 2019 and is projected to grow at a compound annual growth rate (CAGR) of 4.3% from 2020 to 2027.
  • Economies of scale installation in these sectors compensate for any loss in panel efficiency, thereby making the solar PV systems profitable for large scale power generation.

Floating Solar Panels Market Revenue to Reach $2,301.8 Mn by 2026 Says P&S Intelligence

Tuesday, February 23, 2021 - 12:30am

This is proving beneficial for the floating solar panels market, as such PV plants are installed on waterbodies, including lakes, ponds, dam reservoirs, and seas.

Key Points: 
  • This is proving beneficial for the floating solar panels market, as such PV plants are installed on waterbodies, including lakes, ponds, dam reservoirs, and seas.
  • For instance, the Indian government in 2018 announced intentions to create 10 Gigawatts (GW) of electricity from floating PV panels.
  • Browse report overview with detailed TOC on Global Floating Solar Panels Market Research Report: By Type (Stationary, Solar Tracking), Location (Onshore, Offshore), Technology (Photovoltaic, Concentrated Solar Power)- Global Industry Analysis and Demand Forecast to 2026 @ https://www.psmarketresearch.com/market-analysis/floating-solar-panels-m...
    The PV bifurcation has generated the higher revenue in the floating solar panels market till now, under segmentation by technology.
  • The major companies functioning in the global floating solar panels market are JA Solar Technology Co. Ltd., Ciel Et Terre International, Ocean Sun AS, JinkoSolar Holding Co. Ltd., Sungrow Power Supply Co. Ltd., Quant Solar, Sharp Corporation, Topper Floating Solar PV Mounting Manufacturer Co. Ltd., Swimsol GmbH, Tata Power Solar Systems Ltd., and Trina Solar Limited.

Floating Solar Panels Market Revenue to Reach $2,301.8 Mn by 2026 Says P&S Intelligence

Tuesday, February 23, 2021 - 12:30am

This is proving beneficial for the floating solar panels market, as such PV plants are installed on waterbodies, including lakes, ponds, dam reservoirs, and seas.

Key Points: 
  • This is proving beneficial for the floating solar panels market, as such PV plants are installed on waterbodies, including lakes, ponds, dam reservoirs, and seas.
  • For instance, the Indian government in 2018 announced intentions to create 10 Gigawatts (GW) of electricity from floating PV panels.
  • Browse report overview with detailed TOC on Global Floating Solar Panels Market Research Report: By Type (Stationary, Solar Tracking), Location (Onshore, Offshore), Technology (Photovoltaic, Concentrated Solar Power)- Global Industry Analysis and Demand Forecast to 2026 @ https://www.psmarketresearch.com/market-analysis/floating-solar-panels-m...
    The PV bifurcation has generated the higher revenue in the floating solar panels market till now, under segmentation by technology.
  • The major companies functioning in the global floating solar panels market are JA Solar Technology Co. Ltd., Ciel Et Terre International, Ocean Sun AS, JinkoSolar Holding Co. Ltd., Sungrow Power Supply Co. Ltd., Quant Solar, Sharp Corporation, Topper Floating Solar PV Mounting Manufacturer Co. Ltd., Swimsol GmbH, Tata Power Solar Systems Ltd., and Trina Solar Limited.

MITSUBISHI MOTORS Started Operation of a Rooftop Solar Power System at Its Laemchabang Factory in Thailand

Friday, February 19, 2021 - 8:05am

TOKYO, Feb 19, 2021 - (JCN Newswire) - MITSUBISHI MOTORS CORPORATION (MMC) started operation of a 5-megawatt (MW(1)) capacity rooftop solar power system at the Laemchabang Factory of Mitsubishi Motors (Thailand) Co., Ltd. (MMTh), a production and sales company in Thailand.

Key Points: 
  • TOKYO, Feb 19, 2021 - (JCN Newswire) - MITSUBISHI MOTORS CORPORATION (MMC) started operation of a 5-megawatt (MW(1)) capacity rooftop solar power system at the Laemchabang Factory of Mitsubishi Motors (Thailand) Co., Ltd. (MMTh), a production and sales company in Thailand.
  • Combined this solar power system with the 2-MW capacity system, which is scheduled to be implemented in the near future, MMTh expects to reduce CO2 emissions from production activities by more than 6,100 tons per year.
  • MMTh has car-production plants and an engine facility in Chonburi Province, and has become MMC's largest manufacturing center outside Japan.
  • Mitsubishi Motors has 30,000 employees and a global footprint with production facilities in Japan, Thailand, China, Indonesia, the Philippines and Russia.

May Electric Solar Announces 26% Tax Credit extended through 2022

Thursday, February 18, 2021 - 12:30pm

Even existing M series inverters along with the newer IQ series systems can take advantage of this tax credit for existing customers by adding storage to their solar system.

Key Points: 
  • Even existing M series inverters along with the newer IQ series systems can take advantage of this tax credit for existing customers by adding storage to their solar system.
  • Solar panels manufactured by LG Solar are our recommended choice for their wind load achievements and strength in testing.
  • "The extension of the tax credit allows individuals to invest in safe, clean and efficient solar energy systems.
  • By taking advantage of this tax credit, it reduces their investment in solar electric by 26%, creating a greater return on investment or a lower loan payment", said William May, owner, and Master Electrician of May Electric Solar.

City of Plano Solar Farm "Energized" and Fully Operational

Wednesday, February 17, 2021 - 8:33pm

PLANO, Ill., Feb. 17, 2021 /PRNewswire/ --Today City of Plano officials announced that its 1.1 MW Solar Farm,which was fully "Energized" in late 2019,is performing as expected.

Key Points: 
  • PLANO, Ill., Feb. 17, 2021 /PRNewswire/ --Today City of Plano officials announced that its 1.1 MW Solar Farm,which was fully "Energized" in late 2019,is performing as expected.
  • The solar field has helped the City save money, reduce our dependence on traditional fossil fuels and provides a good example of how the City of Plano continues to be environmental stewards for today and the future," said Robert Hausler, Mayor, City of Plano.
  • Plano's Solar Farm joins Kendall County, Fox Metro Water Reclamation, and Mooseheart Child Cityas the largest "behind the meter" solar development in Chicagoland's Fox Valley Area.
  • The city was home to the Plano Harvester Company in the late nineteenth century, as well as the Plano Molding Company more recently.