News

Wind Energy Powerhouse Looks to Develop Green Hydrogen as Denmark Invests in Electrolysis Plants

published: 2020-01-15 21:00
Wind power accounts for nearly 50% of all electricity in Denmark, which leads the world in wind power per capita. Now Denmark is looking to develop another type of green energy – hydrogen energy. The Danish Ministry of Climate, Energy and Utilities is set to invest DKK 128 million (~NT$570 million) in the construction of two large-scale electrolysis plants, in hopes that the country’s surplus of green energy can be used to facilitate hydrogen production. ...  more

Algae Fuel Developed in Europe Powers Cars Up to 80kph and Serves as an Alternative to Land-Based Biomass Resources

published: 2020-01-14 21:00
Biofuels are often brought up when discussing the use of renewable energies to protect the environment and reduce carbon emissions. However, a very controversial aspect of biofuels is that the base materials for their production are often staple crops and woody plants. Growing staple crops for biofuels takes up existing arable land, and food prices may also experience sharp increases from time to time as biofuel producers compete with the general populace for the same agricultural commodities. ...  more

RWE Gets West of the Pecos Solar Project up and Running

published: 2020-01-14 10:00
RWE’s 100 MW facility is the company’s first solar project in Texas, which is also the largest one in the company’s record in the U.S. RWE has closed solar tax equity financing for the project with sound success. ...  more

Your Monday Briefings: All the Solar News (Week 3)

published: 2020-01-13 17:44
Everything you need to know about the solar power markets and companies is all here. There are tenders open in Bangladesh and China. Brazil is cancelling its “solar tax”. Keep reading if you want to remain one step ahead. Image...  more

Trina Solar’s IPO Postponed While Jinko Power Triumphed

published: 2020-01-11 9:36
Trina Solar, one of the largest solar powerhouses in the world, tried to apply for IPO, which was expected to be clear sailing for the company. However, the Sci-Tech Innovation Board, China’s equivalent to NASDAQ, has not approved...  more

Robbins Geller Makes $350 Million Compensation for First Solar Investors

published: 2020-01-09 21:00
After a lengthy legal battle and on the day before jury selection, Robbins Geller Rudman & Dowd LLP secured a $350 million settlement for the investor class in Smilovits v. First Solar, Inc., No. 2:12-cv-00555-DGC, pending in the United States District Court for the District of Arizona. The shareholder class was led by two U.K. pension funds: Mineworkers’ Pension Scheme and British Coal Staff Superannuation Scheme. ...  more

Germany Shut Down Philippsburg Power Plant on the Last Day of 2019, Affirming Its Commitment to Go Nuclear-Free by 2022

published: 2020-01-09 0:30
The Philippsburg 2 nuclear reactor located in the German state of Baden-Württemberg was taken offline permanently as scheduled on the evening of December 31, 2019. This event affirms the current German government’s resolve to phase out the use of nuclear energy by 2022 and expand the contribution of renewable energies in domestic electricity production. ...  more