Norwegian company looks to bring solar energy to Iran

Solar Energy - Flag of Iran

Saga Energy is working on a $2.9 billion deal with Iran’s Amin Energy Developers Saga Energy, a manufacturer of solar panels based in Norway, has announced that it is forming a new deal with Iran’s Amin Energy Developers. Through this deal, the two companies will work together to develop new solar energy systems. The deal is valued at approximately $2.9 billion. This new deal is among several other agreements that Saga Energy has made with foreign companies. Iran has become a popular destination for new solar energy projects due to…

Read More

New car using solar energy wins praise at the World Solar Challenge

Stella Vie - Solar Energy Car

Solar-powered car attracts major support at annual event A new family car has won significant praise during the World Solar Challenge in Australia this year. The challenge is held to highlight the use of solar energy. Some 41 vehicles, all equipped with photovoltaic technology, were brought to the event, where they competed in a 1,860 mile trek. One vehicle, in particular, won the competition for the third consecutive time. One vehicle from Dutch company Eindhoven won crowd support, however, with many heralding the company’s vehicle as the future of transportation.…

Read More

Rooftop solar energy market set to reach new milestone by 2022

Solar Panels on Rooftop - Solar Energy

Report predicts that rooftop solar market will reach $4.14 billion by 2022 The solar energy industry has been growing quickly in recent years, especially within the residential sector. Many homeowners are beginning to invest in solar panels as a way to generate their own electricity. A new report from Crystal Market Research shows that the rooftop solar market will reach new heights in the near future. According to the report, the rooftop solar market will be valued at approximately $4.14 billion by 2022. Solar panels are becoming more accessible to…

Read More

New solar energy system comes online in Michigan

Michigan Flag - Solar Energy

Lapeer Solar Park is now operational A massive solar energy system has become operational in Michigan. The state is somewhat notorious for its frigid, unforgiving winters; a time when sunlight can be scarce. Michigan has plans, however, to make use of the power of the sun in order to generate the electricity it needs and cut down on emissions. The state’s Lapeer Solar Park is now fully operational and is one of the largest utility-owned solar energy systems in the region. The system is managed by DTE Energy, which is…

Read More

Renewable energy in India gets more support from European Investment Bank

Euro - European Investment Bank Supports Renewable Energy

Bank is investing more than $900 million into India’s renewable energy market The European Investment Bank has announced that it will be providing more than $900 million to India’s renewable energy space. The bank is also partnering with the Indian Renewable Energy Development Agency and the India Infrastructure Finance Company. Through this partnership, the bank will help deploy new affordable solar energy systems. The funding will help provide more momentum to India’s growing clean energy space, which has been growing in recent years due to government support. Funding will help…

Read More

Solar energy outpaces other forms of power in terms of growth

solar energy growth

Report shows that the solar sector has made monumental progress Solar energy is the fastest growing segment of clean power, according to a report from the International Energy Agency. The report shows that the solar sector has seen monumental growth over the past year, largely due to the efforts of companies specializing in the development of photovoltaic technologies. Many of these companies are based in China, which is home to a thriving solar energy sector. Chinese companies have helped reduce the cost of photovoltaic technologies by aggressively producing solar panels.…

Read More

Solar energy has become the fastest growing form of power

Solar energy growing fast - solar panels

Report shows that solar energy has grown aggressively Solar energy has become the fastest growing source of clean power, according to a new report from the International Energy Agency. Last year, the solar sector saw aggressive growth throughout the world. According to the report, solar energy accounted for two thirds of all new energy capacity installed globally. The solar sector has found success by attracting strong government support, but much of its success is due to a boom in photovoltaic installations and the falling cost of solar technologies. Solar installations…

Read More

ITC ruling could have an impact on the solar energy industry

Solar Energy Industry - Solar Panels

ITC finds that imported solar panels have been a problem for domestic companies A recent ruling from the International Trade Commission (ITC) could have a major impact on the solar energy industry in the United States. The organization is now suggesting that low-cost, imported solar panels, specifically from China, have caused problems for two domestic panel manufacturers. These companies are Suniva and SolarWind, which may have experienced some economic damage due to the influx of solar products that have been manufactured outside of the United States. Companies are having trouble…

Read More

Solar industry is thriving as costs fall

Solar Industry - Solar Panels in Field

Report shows that the cost of solar energy continues to decline The National Renewable Energy Laboratory has released a new report concerning the cost of solar energy. The report covers how much the cost of solar power has fallen over the past year, particularly in the first quarter of 2017. Notably, the report comes a mere ten days before the solar industry discovered whether or not it will have to navigate new trade regulations formed by the Trump Administration. These trade regulations could have a significant impact on new solar…

Read More

Researchers develop new system to use solar power to produce clean fuels

Solar Power Clean Fuel - Sun Reflecting on water

New system leverages the power of the sun to produce sustainable fuels Researchers at the Lawrence Berkeley National Laboratory have developed a new system that can generate fuel using solar power. The new system represents reaching another milestone in efforts to use renewable energy to produce sustainable fuels. Researchers based their efforts on several previews endeavors, many of which involved mimicking photosynthesis in order to turn sunlight into electrical power. This electricity is then used to trigger chemical reactions. System can convert fuel precursors into ethanol and ethylene In the…

Read More

Solar energy in Montana reaches new milestone

Sunshine on Montana Country Road

Montana quadruples its solar energy capacity Montana has made significant progress in its efforts to embrace solar energy. Over the past year, the state has quadrupled its solar capacity, installing 6.6 megawatts of solar power. The state’s energy plan, called Montana Energy Future, has provided strong support for solar power. This support has made it easier for new solar projects to take form. The plan now aims to double the state’s solar capacity by 2025. Solar sector is making significant progress throughout the state Solar energy has become a primary…

Read More

Solar energy is gaining ground in Dubai

Solar Energy - Sunny Day in Dubai

New contract calls for the development of a new solar energy project Dubai’s Electricity and Water Authority has awarded a $3.9 billion contract so ACWA Power. The contract involves the development of a large-scale solar energy system. The system will make use of several mirrors, which will concentrate sunlight in order to generate electricity. Concentrated solar energy has been gaining popularity in recent years. These particular solar power systems have vast energy production potential, which makes them significantly more attractive than conventional solar farms. Solar farm will produce 5,000 MW…

Read More

Solar energy industry reaches its cost goal in the US

Solar Energy Costs Goal

DOE report shows that the solar energy has achieved its SunShot Initiative goal The U.S. Department of Energy has released a new report that shows that the solar energy industry has achieved its 2020 utility-scale cost goal. The goal was set by the SunShot Initiative, a federal endeavor that calls for the adoption of solar power. The solar energy industry was able to achieve this goal well ahead of schedule due to the rapidly declining cost of photovoltaic technology. Currently, the average cost of utility-scale solar power is 6 cents…

Read More

The State of Solar Energy in Africa

Solar energy has found a very promising home in Africa. The continent has massive solar potential, receiving as much as 4,300 hours of sunlight every year. Many African countries also receive the world’s highest levels of solar radiation, making them ideal locations for solar farms. Solar products are beginning to flood into Africa, providing countries with the ability to tap into a resource that is in vast abundance but very rarely used to generate electricity. Currently, the distribution of solar energy systems throughout Africa is uniform. Countries that experience more…

Read More

Solar energy is suffering in India due to air pollution

Solar Energy - Air Pollution Problems

Research shows that air pollution is having an impact on solar power Rampant air pollution is beginning to have an impact on India’s ability to generate electricity from its solar energy systems. Researchers from the Indian Institute of Technology have found that a significant portion of solar power is going to waste due to air pollution. The problem is so bad that billions in investments are being undermined. The researchers found that air pollution is reducing solar energy generate by more than 25%. Some 3,900 MW of energy is being…

Read More

Tesla begins production of its new solar cells

Solar Cells - Collection of solar tiles

Tesla facility in New York has begun manufacturing new solar products Tesla Motors has begun production of its new solar cells in Buffalo, New York. These new solar cells will be used in the company’s roof tiles. These roof tiles are designed to generate electricity from the sun, providing power to homeowners. While Tesla has, traditionally, been involved in clean transportation, the company has embraced a strong interest in solar energy. Recently, Tesla acquired its sister company, SolarCity, in order to establish a foothold in the solar market. Establishing a…

Read More