“We intend to double our efficiency next year and the year after as well,” Debroca said. “Going from 20 percent more battery life to 50 percent is a rational objective.”
The investment totals $12 million and marks the search company’s first investment in Africa. “Given South Africa’s position as an economic powerhouse in Africa, a greener grid in South Africa can set an example for the whole continent.”
Everybody Solar is helping charities like the Bay Area low-income home rehab volunteer organization Rebuilding Together Peninsula go green by accessing the free energy of the sun — with free solar panels, to boot.
SolarCity is gearing up for a big IPO — but will the business be able to survive changing federal regulations?
SolarReserve, a U.S. based solar energy developer has succeeded in closing a $586 million equity and debt round of financing for two South African clean-energy projects.
Later this year, Saudi Arabia is expected to approve very ambitious plans for a massive array of renewable energy projects. The first installations should be completed next year.
Solar energy software companies Draker and Solar Power Technologies Inc. successfully completed a merger this week as well as closed a new $8 million round of funding.
Researchers at UC Berkeley have discovered that what looks like junk may actually open the doors to a treasure of solar energy.
The future is looking bright for solar panel maker Solaria. The company just raised $30 million according to documents filed today with the SEC. Solaria makes crystaline solar panels and is based in Fremont, CA, with operations in Germany and the Philippines.
Search giant Google today announced it has made another large investment in a residential solar provider, this time dropping $75 million into Clean Power Finance, an online service that connects solar panel installers with investors.
Solar panel prices have fallen more than 40 percent this year to $1.30 per watt, well below the high of $3.50 per watt they hit in 2008. But that shouldn’t scare clean technology investors interested in U.S.-based solar providers, where the solar panel market is predicted to double this year, according to the Solar Energy Industries Association (SEIA).
A glut of photovoltaic solar panels on the market has caused solar cell manufacturer Solyndra to go under. The company filed for bankruptcy and laid off 1,100 workers this morning.
Applied Materials, a provider of manufacturing equipment for solar panel manufacturers, unveiled a new manufacturing process that would give solar panel manufacturers the ability to make more efficient solar panels.
Infinia, a manufacturer of satellite-like dishes that generate electricity from sunlight, has raised $6 million of a $25 million funding round, according to a filing with the Securities and Exchange Commission.
Two partners are leaving storied cleantech investment firm Khosla Ventures, as excitement has started to peter out in the once-buzzing clean technology space.
Solar panel manufacturer SunPower and Ford announced today that they will give Ford electric car buyers the option to buy and install a residential solar panel array that will charge the electric car.
The U.S. Department of Energy announced today that it is investing $50 million in the SUNPATH program, which is designed to promote solar panel manufacturing in the United States.
Solar panel leasing company SolarCity announced today that it will begin selling 240-volt electric car chargers manufactured by ClipperCreek for $1,500 for customers that currently lease solar panels.
Solar panel leasing company SunRun announced today that it is opening its operations in Maryland, the next state that’s friendly toward solar panel providers, said the company’s CEO Ed Fenster.
Investments in clean technology projects fell 10 percent in the second quarter this year to $1.83 billion when compared to $2.03 billion in the second quarter of 2010, according to research firm Cleantech Group.
Home solar-panel leasing company SolarCity has raised $14.8 million of a planned $42 million funding round, according to a filing with the Securities and Exchange Commission.
Thin-film solar panel manufacturer First Solar has secured nearly $4 billion in conditional loan guarantees from the U.S. Department of Energy for three solar panel projects.
Flexible solar panel manufacturer SoloPower has raised $15 million of a targeted $43.8 million fifth round of funding, according to a new filing with the securities and exchange commission.
Constellation Energy, a holding company for Baltimore Gas & Electric, said it’s investing an undisclosed sum in Astrum Solar, which will provide solar panels for around 1 million of the utility’s customers.
Solar panel micro-inverter manufacturer Enphase Energy is looking to raise $51.5 million in a funding round and has raised around $14 million of that so far, according to a recent filing with the Securities and Exchange Commission.
The U.S. Department of Energy announced Wednesday that it will offer a $1.4 billion partial loan guarantee to Prologis and NRG Energy to install rooftop solar panels on company warehouses.
Renewable energy investment firm CleanPath announced today that it has raise an $800 million fund that will be used to invest in large-scale solar projects.
Stealthy solar panel manufacturing startup Alta Devices announced today that it has produced solar panels that have broken previous efficiency rating records for solar panels.
Solar panel micro-inverter manufacturer SolarBridge Technologies announced today that it has raised $19 million in its third round of funding.
1366 Technologies, a company that manufactures silicon wafers that are used in solar panels, announced today that it has received a conditional commitment for a $150 million loan guarantee from the U.S. Department of Energy.
The amount of energy produced by photovoltaic panels could overtake that produced by fossil fuels like coal and natural gas in 10 years, according to the Institute of Electrical and Electronic Engineers (IEEE).
The U.S. Department of Energy has awarded a pair of loan guarantees to two solar thermal power companies that amounts to nearly $2 billion.
Search giant Google is investing $280 million in SolarCity, a company that leases out solar panels to home owners, bringing its total investment in the clean technology sector up to $680 million.
The price of polysilicon, a key component in manufacturing solar panels that capture sunlight and convert it to electricity, fell 5.1 percent to $74.4 per kilogram from $78.19 last month. Still, the decline is smaller than expected and the current prices could hurt profit margins for solar panel manufacturers that rely on crystalline silicon panels.
Uncertainty about First Solar’s future operations led investors to smash the company’s shares in trading after the bell today after the company failed to grow its revenues in the first quarter this year — a sign of weakness for the last major independent solar panel manufacturer in the United States.
A new discovery about the magnetic fields of light by University of Michigan researchers could lead to a new way of producing solar power that doesn’t require the use of semiconductor solar cells.
Google has invested $168 million into a solar power energy project led by BrightSource Energy in the Mojave desert in California, the search giant announced today.
SoloPower, a maker of flexible thin-film solar power panels, has raised $13.5 million in its fifth round of funding from Crosslink Capital and others, according to a recent filing with the Securities and Exchange Commission.