CHANGZHOU, CHINA: .Trina Solar Ltd has entered into a share purchase agreement and acquired a 90 percent stake in Yunnan Metallurgical New Energy Co. Ltd from Yunnan Metallurgical Group Co., Ltd., Kunming Yeyan New Material Co. Ltd, and Kunming Engineering & Research Institute of Nonferrous Metallurgy Co. Ltd.
The remaining 10 percent will be collectively held by the three Parties. Trina Solar obtained the stake by participating in a bidding process conducted through the Yunnan Public Resource Trading Center's online bidding platform after Yunnan Metallurgical New Energy posted an invitation to bid for the majority stake via the Yunnan Equity Exchange.
Yunnan Metallurgical New Energy is committed to developing downstream solar power projects and currently has a 300 MW project under development in southern Yunnan province. Upon operation, it will become the largest single utility scale solar power plant in Yunnan and one of the largest in China. Construction of the 300 MW project is expected to begin in the third quarter of 2014. By combining the resources of strategic partners, Yunnan Metallurgical New Energy will also actively seek new project opportunities to expand its downstream pipeline.
Wednesday, September 3, 2014
ReneSola to develop 13MW solar farm project in UK
JIASHAN, CHINA: ReneSola Ltd will develop a 13MW solar project in Dorset, England. The company expects the solar farm to be fully operational and connected to the national energy grid by end of this year.
The company has identified a number of potential buyers for the project, which received planning consent in January 2014 and is eligible for the United Kingdom's support scheme to promote renewable electricity-generating technologies. The project will feature ReneSola PV modules exclusively, specifically the Company's top-rated Virtus II.
"While we remain focused on our retail and residential-oriented business development, we selectively pursue project opportunities across our key markets when we identify good value and when the projects are in line with our broader strategic objectives," said Xianshou Li, ReneSola's CEO.
"The United Kingdom is one of our best-performing markets, and one of the world's fastest-growing major solar markets, while the new project will further strengthen our leading market position in UK. The 13MW Dorset project will be one of a series of selective projects we plan to build in the coming quarters."
The company has identified a number of potential buyers for the project, which received planning consent in January 2014 and is eligible for the United Kingdom's support scheme to promote renewable electricity-generating technologies. The project will feature ReneSola PV modules exclusively, specifically the Company's top-rated Virtus II.
"While we remain focused on our retail and residential-oriented business development, we selectively pursue project opportunities across our key markets when we identify good value and when the projects are in line with our broader strategic objectives," said Xianshou Li, ReneSola's CEO.
"The United Kingdom is one of our best-performing markets, and one of the world's fastest-growing major solar markets, while the new project will further strengthen our leading market position in UK. The 13MW Dorset project will be one of a series of selective projects we plan to build in the coming quarters."
Clean water key to delivering reliable power to Canadian residents
EDINA, USA: High-quality water is of paramount importance to power generation. It helps facilitate efficient and reliable operations, protect critical equipment, and minimize environmental impact.
Source water for many power plants, however, is far from ideal. That is certainly the case for a power station in Alberta, where an innovative two-pass reverse osmosis (RO) design was used to optimize the plant’s existing configuration.
The design includes DOW FILMTEC ECO 440i Reverse Osmosis elements and DOW FILMTEC XFRLE-400/34i Reverse Osmosis elements. Since their installation, FILMTEC ECO elements have resulted in 30 percent more energy savings in the system’s second pass and FILMTEC XFRLE has improved overall pressure drops and fouling.
The lake source water at the power station is derived from a combination of the North Saskatchewan River, mine drainage, plant site drainage, sewage effluent and chemical neutralization ponds. Due to the highly variable nature of source water, the system requires thicker feed spacer elements to reduce fouling rates, and to lower the pressure drop in the first pass.
Source water for many power plants, however, is far from ideal. That is certainly the case for a power station in Alberta, where an innovative two-pass reverse osmosis (RO) design was used to optimize the plant’s existing configuration.
The design includes DOW FILMTEC ECO 440i Reverse Osmosis elements and DOW FILMTEC XFRLE-400/34i Reverse Osmosis elements. Since their installation, FILMTEC ECO elements have resulted in 30 percent more energy savings in the system’s second pass and FILMTEC XFRLE has improved overall pressure drops and fouling.
The lake source water at the power station is derived from a combination of the North Saskatchewan River, mine drainage, plant site drainage, sewage effluent and chemical neutralization ponds. Due to the highly variable nature of source water, the system requires thicker feed spacer elements to reduce fouling rates, and to lower the pressure drop in the first pass.
Tuesday, September 2, 2014
GRID2020 and Dominion Voltage bring grid optimization to new markets
RICHMOND, CANADA: GRID2020 Inc., a leading distribution transformer monitoring provider and Dominion Voltage Inc. (DVI), a grid optimization solutions provider, have teamed up to bring grid optimization into new markets.
"By taking advantage of the GRID2020 technology and integrating it into our platform, we are able to offer our EDGE solution into markets that were previously unreachable," said Todd Headlee, executive director of DVI. "This platform also lays the foundation for integrating distributed generation and electric vehicles onto the grid. We are excited about this new collaboration and the opportunity to work together to expand our reach in the grid-optimization market."
Following months of rigorous research and evaluation, DVI concluded that GRID2020 provides a superior intra-grid sensing platform to effectively drive its EDGE solution within markets not possessing smart meters.
In addition, GRID2020 OptaNODE DTM intra-grid sensors can be used to optimize the grid as distributed generation and electric vehicles become more prevalent.
GRID2020 and DVI have combined best-in-class technologies to deliver effective demand response, energy conservation, and Volt/VAR offerings to electric distribution utilities across the globe where smart metering technology is absent. DVI's EDGE and GRID2020's OptaNODE solutions uniquely empower utilities of all sizes to optimize their distribution circuits and achieve significant savings.
"By taking advantage of the GRID2020 technology and integrating it into our platform, we are able to offer our EDGE solution into markets that were previously unreachable," said Todd Headlee, executive director of DVI. "This platform also lays the foundation for integrating distributed generation and electric vehicles onto the grid. We are excited about this new collaboration and the opportunity to work together to expand our reach in the grid-optimization market."
Following months of rigorous research and evaluation, DVI concluded that GRID2020 provides a superior intra-grid sensing platform to effectively drive its EDGE solution within markets not possessing smart meters.
In addition, GRID2020 OptaNODE DTM intra-grid sensors can be used to optimize the grid as distributed generation and electric vehicles become more prevalent.
GRID2020 and DVI have combined best-in-class technologies to deliver effective demand response, energy conservation, and Volt/VAR offerings to electric distribution utilities across the globe where smart metering technology is absent. DVI's EDGE and GRID2020's OptaNODE solutions uniquely empower utilities of all sizes to optimize their distribution circuits and achieve significant savings.
Monday, September 1, 2014
Aquion Energy elects leader
PITTSBURGH, USA: Aquion Energy Inc., developer and manufacturer of Aqueous Hybrid Ion (AHI) batteries and energy storage systems, announced the election of energy industry veteran Tom McDaniel to the board of directors.
"Aquion's high performance, low cost, environmentally friendly and safe energy storage technology is uniquely positioned to accelerate the use of energy storage in distributed grid-connected and off-grid energy systems," said Tom McDaniel. I am pleased to join the Aquion team and help solidify the company's position in the rapidly growing global energy storage market."
McDaniel brings over 40 years of experience in the energy industry to Aquion's board of directors. Mr. McDaniel spent 37 years with Edison International (NYSE: EIX), a publicly traded company with $48 billion in assets, where he served as chief financial officer and treasurer.
EIX's subsidiaries include Southern California Edison, a regulated utility, and the Edison Mission Group, an independent power company that develops, owns and operates US-based generation projects involving both fossil fuels and renewables. Prior to January 1, 2005, McDaniel served as chairman, CEO and president of Edison Mission Energy, an independent power producer based in California.
"Aquion's high performance, low cost, environmentally friendly and safe energy storage technology is uniquely positioned to accelerate the use of energy storage in distributed grid-connected and off-grid energy systems," said Tom McDaniel. I am pleased to join the Aquion team and help solidify the company's position in the rapidly growing global energy storage market."
McDaniel brings over 40 years of experience in the energy industry to Aquion's board of directors. Mr. McDaniel spent 37 years with Edison International (NYSE: EIX), a publicly traded company with $48 billion in assets, where he served as chief financial officer and treasurer.
EIX's subsidiaries include Southern California Edison, a regulated utility, and the Edison Mission Group, an independent power company that develops, owns and operates US-based generation projects involving both fossil fuels and renewables. Prior to January 1, 2005, McDaniel served as chairman, CEO and president of Edison Mission Energy, an independent power producer based in California.
Friday, August 29, 2014
ModSolar building OS for solar industry
USA: ModSolar, which is changing the solar industry by creating the software and processes that make the industry more effective and efficient, announced today that it will be expanding Internationally, making their software available in Germany, Australia and the United Kingdom this summer.
The company that started with a total cash investment of $3,500 in 2011 has become an industry leader with no outside funding just three years later, after finding an unfulfilled need in a growing industry and taking the plunge. ModSolar is based in the Philadelphia suburbs but has rapidly grown a national reputation as the innovative leaders in software and technology solutions for solar providers.
"We are pleased to announce that our software will now be available in Germany, Australia and the United Kingdom beginning later this summer," said Mike Dershowitz, president and co-founder of ModSolar. "These are the first International solar markets we are ready to serve, but they will not be the last, as we continue to refine and enhance the ModSolar platform with new features and additional options that will now not only impact the solar industry in the United States, but around the world."
ModSolar's software enables solar providers to produce solar proposals and contracts in less than five minutes, including the (patent-pending) placement of panels on an image of the prospect's roof, as well as the calculation of the return on the solar investment. ModSolar develops software that dramatically reduces the "soft costs" involved in solar sales, solar system design, production of high-quality solar proposals, and all the paperwork surrounding solar installations.
Currently, more than $25 million per day in solar proposals are being generated through ModSolar's software platform, representing an estimated five percent of the solar market in the United States. Hundreds of ModSolar users produce over 1,500 solar proposals each week.
The company that started with a total cash investment of $3,500 in 2011 has become an industry leader with no outside funding just three years later, after finding an unfulfilled need in a growing industry and taking the plunge. ModSolar is based in the Philadelphia suburbs but has rapidly grown a national reputation as the innovative leaders in software and technology solutions for solar providers.
"We are pleased to announce that our software will now be available in Germany, Australia and the United Kingdom beginning later this summer," said Mike Dershowitz, president and co-founder of ModSolar. "These are the first International solar markets we are ready to serve, but they will not be the last, as we continue to refine and enhance the ModSolar platform with new features and additional options that will now not only impact the solar industry in the United States, but around the world."
ModSolar's software enables solar providers to produce solar proposals and contracts in less than five minutes, including the (patent-pending) placement of panels on an image of the prospect's roof, as well as the calculation of the return on the solar investment. ModSolar develops software that dramatically reduces the "soft costs" involved in solar sales, solar system design, production of high-quality solar proposals, and all the paperwork surrounding solar installations.
Currently, more than $25 million per day in solar proposals are being generated through ModSolar's software platform, representing an estimated five percent of the solar market in the United States. Hundreds of ModSolar users produce over 1,500 solar proposals each week.
Thursday, August 28, 2014
Solar panels that charge mobile phones
ZAMBIA, AFRICA: World Panel Zambia Ltd launched the durable World Panel solar panels that charge mobile phones as fast as a wall plug.
Held at Lusaka’s Taj Pamodzi Hotel, the launch was attended by senior Zambian government officials, COMESA free-trade group leaders, US embassy officers, African Development Bank officials and the CEOs of major Zambian mobile operators. The launch celebrated the first container of World Panels that arrived in World Panel Zambia’s Lusaka warehouse.
CEO, Jacob Sikazwe, a well-known Zambian business leader who led the creation and then chaired Zambia’s Citizens Economic Empowerment Commission, said: “I’ve worked for many years to empower people in rural Africa to improve their economic well-being and opportunities in life. This utility-grade personal solar charger finally delivers on my dream to aid and empower people living without regular access to electricity.”
The first shipment contained thousands of World Panel 500 combo-pack units with the patented solar panel technology plus a bundled 5000-milliamp Powerbank and bright ten-bulb LED light. The technology will be distributed in rural and urban COMESA regions. The company indicated that it plans to ship one million World Panel units to the COMESA region in 2015.
Held at Lusaka’s Taj Pamodzi Hotel, the launch was attended by senior Zambian government officials, COMESA free-trade group leaders, US embassy officers, African Development Bank officials and the CEOs of major Zambian mobile operators. The launch celebrated the first container of World Panels that arrived in World Panel Zambia’s Lusaka warehouse.
CEO, Jacob Sikazwe, a well-known Zambian business leader who led the creation and then chaired Zambia’s Citizens Economic Empowerment Commission, said: “I’ve worked for many years to empower people in rural Africa to improve their economic well-being and opportunities in life. This utility-grade personal solar charger finally delivers on my dream to aid and empower people living without regular access to electricity.”
The first shipment contained thousands of World Panel 500 combo-pack units with the patented solar panel technology plus a bundled 5000-milliamp Powerbank and bright ten-bulb LED light. The technology will be distributed in rural and urban COMESA regions. The company indicated that it plans to ship one million World Panel units to the COMESA region in 2015.
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