Recent Industry News

Ballard Announces Close of Protonex Acquisition

Ballard Power Systems (NASDAQ: BLDP; TSX: BLD) today announced that the Company’s acquisition of Protonex Technology Corporation (“Protonex”; has closed. As consideration for the transaction, Ballard is assuming and paying certain of Protonex’s debt obligations and transaction costs of approximately $4.0 million and is paying the remaining consideration through the issuance of approximately 11.4 […]

With Shipments delayed until Fiscal Third Quarter Capstone expects Fiscal Second Quarter Results to be below Expectations

CONTINUED HEADWINDS IN OIL AND GAS MARKET AND STRONG U.S. DOLLAR IMPACT REVENUE Capstone Turbine Corporation ( (Nasdaq:CPST), the world’s leading clean technology manufacturer of microturbine energy systems, announced today that its preliminary second quarter earnings were notably below management’s expectations and analysts’ consensus estimates as continued headwinds in the oil and gas market and […]

aps requesting proposals for new large scale solar plant

Testing the market on behalf of interested commercial and industrial customers Arizona Public Service announced today it is issuing a request for proposals to test the market for new large-scale solar installations in Arizona that could be developed in partnership with large commercial and industrial customers. “This is another important opportunity to extend Arizona’s leadership […]

Joint Statement by renewable energy associations on closure of Feed-in Tariff preliminary accreditation

On behalf of the renewable energy sector, and many thousands of businesses, community groups and investors, our organisations have come together to call on the Department of Energy and Climate Change to review urgently its decision to remove preliminary accreditation from the Feed-in Tariff. As of today, 1st October, developers are no longer able to […]

Yingli Green Energy Plans to Restructure Repayment Plan for Mid-Term Notes Due in October 2015

Yingli Green Energy Holding Company Limited (“Yingli Green Energy” or “the Company”) (NYSE:YGE), one of the world’s leading solar panel manufacturers, today announced that its holding subsidiary, Baoding Tianwei Yingli New Energy Company Limited (“Tianwei Yingli”), plans to restructure the repayment plan for $157 million USD (1.0 billion RMB) of mid-term notes (“MTNs”) due on […]

Finland’s to date largest wind park will be powered by 93MW of Vestas turbines

TuuliWatti Oy has placed a firm and unconditional order for 27 V126-3.45 MW turbines for the Simo III project in the province of Lapland, Finland. With Simo III, Vestas has announced more than 500 MW of orders for the V126 in Finland alone. With reference to Vestas Wind Systems A/S company announcement No. 48/2015 of […]

Ballard Announces Sale of Telecom Backup Power Systems to Aditya Birla in India

Ballard Power Systems (NASDAQ: BLDP; TSX: BLD) today announced receipt of a purchase order from Aditya Birla Group (Aditya; for fifty (50) ElectraGenTM-H2 direct hydrogen modules that will be deployed in the Idea Cellular network in India ( All modules are expected to be shipped in 2015. This order represents the first step in […]

First Solar receives Construction Loan Facility from Mizuho Bank for Utility-Scale Solar Generation

First Solar, Inc. (Nasdaq: FSLR), today announced that Mizuho Bank Ltd. was extending a low interest construction loan facility of up to US$33 Million (4 billion yen) in Japan to First Solar Japan GK to develop utility-scale solar power plants. The financing will be available for funding construction of qualified projects in First Solar’s development […]

Duke Energy Osceola project to light the way for more solar in the Sunshine State

Duke Energy Florida continues to advance the development of solar energy with the announcement of a new 3.8-megawatt solar facility in Osceola County. The company has filed a storm water and environmental resources permit with the Florida Department of Environmental Protection. DEF will file a land development permit with the Osceola County Planning Department. The […]

Industry leaders chart course for expanded offshore industry in US

Summer of milestones builds momentum for first wave of projects The momentum building for the development of offshore wind power in the U.S. was on full display over the last two days during the American Wind Energy Association’s (AWEA) Offshore WINDPOWER Conference & Exhibition at the Baltimore Convention Center in Baltimore, Maryland. Hundreds of attendees, […]