Beacon Power: Another energy loan gone bad
Another alternative energy company that received a loan guarantee from the U.S. government has filed for bankruptcy. Beacon Power, which makes energy storage devices used to help the power grid become more efficient, filed for bankruptcy protection Sunday, according to a filing with the Securities and Exchange Commission. The company received a $43 million loan guarantee from the Department of Energy last August. "This latest failure is a sharp reminder that DOE has fallen well short of delivering the stimulus jobs that were promised," Florida Republican Rep. Cliff Stearns said in a statement Sunday night. "Now taxpayers find themselves millions of more dollars in the hole." Stearns is leading an investigation into the bankruptcy of Solyndra, a solar panel maker that received a $535 million government loan guarantee last year. The Beacon bankruptcy will likely only make that investigation more urgent.
Solar Energy USA Announces 100kW Solar Project In Texas
Solar Energy USA today announced plans to install a 435 panel 100.05kW solar array in Waco, Texas. The project will be the largest solar install in Waco and will generate an estimated 138,943kWh worth of solar power in the first year of operation.
LG ELECTRONICS INVESTS IN NORTH AMERICA SOLAR BUSINESS WITH HIGH-EFFICIENCY MODULES
As LG Solar's U.S. division crosses the one-year mark, the company is further bolstering its commitment in the U.S. marketplace by unveiling its next-generation high-efficiency modules under the "Something Ready" marketing campaign.
How Gemasolar changed the landscape for CSP
Torresol Energy's Gemasolar tower plant represents one of the most important milestones in the history of CSP, the audience of a recent CSP Today webinar has heard.
Smart Grids pilot project - Fronius contributes to safe grid operation
In Eberstalzell in beautiful Upper Austria, a demonstration Smart Grid system will be set up along with the largest photovoltaic (PV) research power plant in Austria. Because the use of renewable energy carriers is growing day-by-day, Fronius wants to be well-equipped for what the future holds.
Wind energy driving down consumer electric rates
Wind energy is more affordable than ever, and new installations across the country are saving consumers money on their electric bills, as utilities rush to lock in long-term favorable rates. "This is what a successful business looks like with stable tax policy. Utilities are locking in a great deal for their electric customers while it's available. We're keeping rates down all across the U.S., even in the heart of the South," said Denise Bode, CEO of the American Wind Energy Association (AWEA), pointing to recent wind power purchases by the Southern Company in Alabama, Austin Energy in Texas, and Xcel in Colorado as examples.
The U.S. wind industry installed just over 1,200 megawatts (MW) in the third quarter, and about 3,360 MW on the year so far – but has more than 8,400 MW under construction. That is more than in any quarter since 2008, as the federal Production Tax Credit has driven as much as $20 billion a year in private investment. "This shows what we're capable of: adding new, affordable electric generation," said Bode. "Traditional tax incentives are working. There's a lot of business right now, people are employed, and manufacturers are looking to expand here in the U.S."
Interior's New Solar Plan Aims to Build a Balanced Solar Energy Program
A strong solar program with designated areas for solar development can enhance success of solar projects going forward
FARMER'S MARKET IN ELIZABETHTOWN GETS SOLAR
The Town Of Elizabethtown Actively Embraces Green Building Practices In Their Planning and Construction
Solar Industry Response to Draft Supplemental Solar PEIS
Rhone Resch, President and CEO of the Solar Energy Industries Association (SEIA), released the following statement on the Bureau of Land Management's (BLM) draft supplemental Programmatic Environmental Impact Statement (PEIS) for solar energy development released by the Department of the Interior
Saft selected by SOLON to supply Li-ion battery for Arizona energy storage solutions project
The design and construction of the site will be managed by SOLON, in conjunction with Tucson Electric Power (TEP) and the Arizona Research Institute for Solar Energy (AzRISE) at the University of Arizona.
Belectric and Solar Frontier Connect First French CIS Solar Power Plant to the Grid
4.2 MWp power plant in Bessan marks entry of Solar Frontier into French project market
GE Supplying 350 Wind Turbines, Services to BP Wind Energy for Upcoming US Projects
Turbine Supply, Service Agreements Total Approximately $750 Million ---
2011 and 2012 Projects to Generate 560 Megawatts of Clean Electrical Power
REFUsol™ solar inverters pass UL certification tests
Certification allows the use of REFUsol inverters in US commercial and utilty scale solar projects
New Website Features Power Transmission Solutions for Wind Turbines
Altra Wind Technology announced it has launched a new website, www.AltraWind.com, that provides engineers and professionals in the wind turbine industry with a resource for application-specific power transmission and motion control solutions.
Providing Innovative Fastening and Assembly Solutions for Ground-Mount Structures and Towers
Henrob's principal activity is designing and manufacturing self-piercing rivets (HSPR) and installation systems. Self-pierce riveting is a process of joining two or more layers using an engineered rivet. Unlike conventional riveting, HSPR does not require a drilled or punched hole.
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