Recent Industry News

AWEA hails historic U.S.-China deal to cut carbon pollution, says wind energy can deliver big reductions

The U.S. wind energy industry hailed an historic agreement between U.S. and China Wednesday morning to significantly reduce greenhouse gas emissions as part of an effort to help fight climate change. The deal says the U.S. will reduce carbon emissions 26 to 28 percent below 2005 levels by 2025 – nearly doubling its current plans. […]

Wind turbine blades to be manufactured in Isle of Wight as part of programme to secure up to 800 UK jobs

RenewableUK has today welcomed the announcement by MHI Vestas Offshore Wind that they intend to commence serial production of blades at their Isle of Wight blade technology centre from as early as quarter two 2015. The Isle of Wight centre currently functions as a testing and verification centre for the development of the blades, but […]

More than 2,250 new jobs in British wind industry – annual investment hits £2.6 billion

The number of people working in the medium and large-scale sectors of the British onshore wind industry, and offshore wind, has risen by 8% in just over twelve months to more than 15,400 direct, full-time jobs, according to the trade association RenewableUK. This means the number of people directly employed in these key parts of […]

Aemetis, Inc. Reports Third Quarter 2014 Results

Revenues of $48.3 million Payments of outstanding debt of $8.6 million Adjusted EBITDA of $6.1 million Operating income of $4.6 million Net income (after interest) of $0.5 million or $0.02 per share Cash and cash equivalents of $5.5 million EB-5 funds in escrow of $21 million as of this report Senior debt paid down to […]

Canadian Solar Reports Record Results for the Third Quarter 2014

Canadian Solar Inc. (“Canadian Solar” or the “Company”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, today reported its financial results for the third quarter ended September 30, 2014. Third Quarter 2014 Highlights Solar module shipments were 770 MW, compared to 646 MW in the second quarter of 2014 and third quarter guidance […]

Iberdrola completes Construction of First Wind Farm in Kenya

The company carried out this project for the Kenya Electricity Generating Company Limited (KenGen) in a consortium with Gamesa The Ngong II wind farm, with an installed capacity of 13.6 megawatts (MW), is located 30 kilometres west of Nairobi and required the investment of €21.4 million IBERDROLA INGENIERÍA, in a consortium with Gamesa, has completed […]

SEIA Embraces Efforts to Double Renewables Worldwide by 2030

The Solar Energy Industries Association (SEIA), along with other U.S. renewable power industries, today hailed the goal announced at the Asia-Pacific Economic Cooperation (APEC) summit in Beijing of doubling renewable energy in the 21-member economies by 2030. This follows last year’s commitment to encourage technology transfer, and joint efforts to lower costs and attract investment. […]

Plug Power Structures ReliOn as Stationary Power Product Brand

Company Expands Scope of its GenKey Product to Stationary Fuel Cell Applications Using ReliOn Fuel Cells Plug Power Inc. (NASDAQ: PLUG), a leader in providing clean, reliable energy products, has restructured its’ brands, presenting the ReliOn division, a Plug Power company, under the larger powerhouse umbrella of Plug Power Inc. Plug Power acquired the Spokane, […]

JinkoSolar (U.S.) INC. Signs Credit Agreement with Wells Fargo Bank, National Association

JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), a global leader in the solar PV industry, today announced that its wholly owned subsidiary, JinkoSolar (U.S.) INC., (“JinkoSolar US”), has signed a USD$20 million two-year credit agreement with Wells Fargo Bank, National Association (“Wells Fargo”). Borrowings under the new credit agreement will be used […]

U.S. industries ready to do their part to double renewables worldwide by 2030

U.S. renewable power industries hailed the goal announced overnight at the Asia-Pacific Economic Cooperation (APEC) summit in Beijing of doubling renewable energy in the 21 member economies by 2030, and said they are ready to do their part. This follows last year’s commitment to encourage technology transfer and joint efforts to lower costs and attract […]