News

CIT Leads $217 Million Financing for Hillcrest Solar Project in Ohio

published: 2020-05-08 14:00

CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy unit served as lead arranger on a $217 million financing for the 200-megawatt Hillcrest solar photovoltaic project in Brown County, Ohio. ... more

Researchers at Purdue Use Microwave to Turn Plastic Bottles into Battery Electrode in Two Minutes

published: 2020-05-08 12:00

Researchers at Purdue University in the US have made an exciting discovery that could simultaneously fight the scourge of plastic pollution and create a new supply source for battery electrode. ... more

The US Bans Imports of Partial Electrical System Equipment to Prevent Malicious Power Grid Attacks

published: 2020-05-08 10:00

On the grounds of national security and information security, US President Donald Trump issued an executive order on the 1st that American electric companies will be banned from purchasing, transferring, and installing any imported equipment of bulk-power system in the future, and are only permitted to purchase specific equipment from manufacturers in line with the specification. ... more

Secure Futures Obtains $8 Million to Finance Solar Power Projects in Virginia

published: 2020-05-08 10:00

Loans from City National Bank will Finance Solar Projects at Public Schools and a Homeless Services Center Secure Futures Solar has signed an agreement with City National Bank to provide a total of $8 million in loan financing to cover the construction of solar projects at Augusta County Schools, Orange County Schools and at the CARITAS center in Richmond. ... more

Turkey Now Calculates Import Duty on PV Modules by Weight to Further Boost Domestic Solar Industry

published: 2020-05-07 21:00

Tariffs are a common method employed by governments worldwide to protect their domestic industries. Imported goods are taxed at fixed or variable rates when being processed at customs so that their prices are higher compared with the same kinds of domestic goods. Different tariff schedules, each containing a list of taxable items, have different formulas for calculating import duties. Ultimately, the goal is to make imports too costly for domestic consumers. ... more

Concatenating Drones and Wind Energy, When Will Airborne Wind Turbine Take Off?

published: 2020-05-07 18:30

Can drones become equipment of wind power as well? European energy company E.ON plans to initiate the airborne wind energy system (AWES) Ampyx Power in 2020, and claims that its power generation efficiency precedes to that of existing large wind turbines. So how far along has it been developed? ... more

How Long Will the RMB$7 Billion Investment from the Government Last for Chinese Electric Vehicle Manufacturer NIO?

published: 2020-05-07 12:00

NIO, once known as the “Chinese Tesla”, has been subsidized by Chinese local government for RMB$7 billion, which is almost the annual revenue of the company in 2019, yet it is unable to make up for the significant loss the company made last year. ... more

SunPower Scores $1 Billion in Solar + Storage Financing Through New Partnership with Tech CU

published: 2020-05-07 9:30

Four-Year Commitment Diversifies Funding Resources for Homeowners Looking to Go Solar. On May 5, SunPower Corp. (NASDAQ:SPWR) announced that a new $1 billion partnership with Technology Credit Union (Tech CU) will expand financing... more

Worldwide Solar Vehicle Market Insights to 2025 - Slow Charging vs Fast Charging

published: 2020-05-07 0:00

The "Solar Vehicle Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering. The global solar vehicle market is currently witnessing robust growth. Looking forward, the publisher expects the market to register a CAGR of more than 30% during 2020-2025. ... more

MHI Vestas Wind Turbine Blade Materials to Be Supplied by Taiwan’s Swancor

published: 2020-05-06 21:00

The Danish-Japanese wind energy joint venture MHI Vestas Offshore Wind (“MHI Vestas”) has signed a contract with Taiwan’s specialty chemicals company Swancor Holding (“Swancor”) to procure the locally-manufactured blade materials.... more

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