Monthly Archives: February 2013

Capstone Turbine Adds U.S. Coal Bed Methane Market to Its C200 Applications

Capstone Turbine Corporation ( (Nasdaq:CPST), the world’s leading clean technology manufacturer of microturbine energy systems, has added the U.S. coal bed methane market to its portfolio of oil and gas applications with the installation of the country’s first methane-fueled C200 at a CONSOL Energy gas processing plant in Pennsylvania. CONSOL Energy Inc. (NYSE:CNX), a leading […]

Successful Funding Bids drive Development of UK Wave and Tidal Energy Industries

Targeted support enables innovation and cost reduction The REA welcomes the news that several marine renewables projects are set to progress having been successful in securing funding. MeyGen Ltd and Sea Generation Wales Ltd have won £10 million each under the Government’s Marine Energy Array Demonstrator scheme (MEAD), which will progress their tidal stream projects […]

Carmanah Technologies Enters Into Supply Agreement with Acuity Brands

Carmanah Technologies (TSX: CMH) announced today that it has entered into a supply agreement with Acuity Brands, Inc. (NYSE: AYI), a leading provider of LED lighting and lighting controls. The agreement provides for the supply of Carmanah’s commercial-grade solar outdoor light engines for integration into certain luminaires produced by Acuity Brands. “Acuity Brands has been […]

PV and Storage: Powerful Partners

Solar industry highlights ways in which PV production and storage solutions can work together profitably in Europe’s future electricity market The approaching competitiveness of solar photovoltaics (PV) with other electricity sources is creating new opportunities for investment in electricity storage, allowing for important synergies between PV and storage in Europe’s energy mix. In its response […]

VDE Americas Enters North American Market to Meet Investor Demand for Solar PV Power Plant Quality Assurance

Specialized line of quality assurance products with Fraunhofer ISE ushers in new era of increased confidence in financing — VDE, a globally recognized premium certification body, today announced the establishment of a U.S.-based wholly owned subsidiary, VDE Americas. One of the first key activities is the introduction of a set of premium tailored products for […]

Ormat Technologies Reports 2012 Fourth Quarter and Year End Results

Ormat Technologies, Inc. (NYSE: ORA) today announced financial results for the fourth quarter and full year ended December 31, 2012. The highlights for the year and recent 2013 developments: – Total revenues increased 17.7 percent for the year to $514.4 million; – Product segment revenues increased 65.1 percent to a record of $186.9 million with […]

GT Advanced Technologies Inc. Announces Results for Quarter and Year Ending December 31, 2012

GT Advanced Technologies Inc. (NASDAQ: GTAT) today reported results for the fourth quarter and calendar year 2012, which ended December 31, 2012. “Our Q4 results came in largely as expected as we continue to face challenging conditions in the solar and LED markets,” said Tom Gutierrez, president and chief executive officer. “We have taken steps […]

AES Reports 22% Increase in Adjusted Earnings Per Share to $1.24 for Full Year 2012; Announces 2013 Adjusted Earnings Per Share Guidance of $1.24 to $1.32

Announces Increased Share Buyback Authorization by $300 Million 2012 Highlights Achieved 2012 Adjusted EPS and Proportional Free Cash Flow guidance Invested $531 million in repayment of recourse debt and $301 million in share repurchases Reduced general and administrative expenses by $90 million and exceeded cost savings target by 38% Closed eight asset sales with approximately […]

Canadian Solar Announces New Sales Agreement for Solar PV Projects in Tanzania

Canadian Solar (the “Company” or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar companies, today announced a 85 kW sales agreement with Zara Solar, a company from Tanzania specialized in solar PV importing, retail and installations. Including this new order, Canadian Solar will have supplied more than 350 kW of its solar modules […]

Puerto Rico’s First Commercial Wind Farm Now Operating

The first commercial-scale wind power project in Puerto Rico, and largest in the Caribbean, began operation on October 29, 2012. Pattern Energy’s Finca de Viento Santa Isabel (FVSI) wind project produces up to 95 megawatts (MW) of renewable energy. The total is 20 MW more than it was originally slated to produce. Finca de Viento […]