Multinationals such as GE, Alston, Siemens and Sumitomo attended the 6th International Exhibition and Scientific Conference in Ashgabat. Despite plentiful resources, renewable energy is playing a bigger role in Turkmenistan.
While the residential PV market in California is booming, most of the new installations are owned not by homeowners but rather by third-party companies.
While the commercial sector currently makes up the smallest part of the global solar energy storage business, it is projected to expand by a factor of 700 in the next four years and dominate the market in 2017.
Australian researchers say renewables offer better prospects than coal and gas-fired carbon capture and storage (CCS) systems and argue against investment in CCS development, citing rising gas prices and pipeline distances.
Chinese polysilicon manufacturer Tongwei has paid a reported RMB870 million for LDK Solar Hi-Tech (Hefei) Co. The deal represents a RMB750 million profit for the Hefei local government.
A 64 MW scheme in the Dominican Republic is the country’s first solar park. German developer Wirsol said the Republic’s president personally selected it to plan the project in Monte Plato province.
M/s Table Rock Associates (TRA) signs letter of intent with Pakistan’s Alternative Energy Development Board (AEDB) to construct a 100 MW PV power plant in the countrys Punjab province.
The Asian Development Bank hopes its first venture into smal scale investment will encourage private equity groups to come forward. Indian solar company Simpa has secured $2 million and hopes to have 63,000 customers by 2015.
On Friday, Peru’s mining and energy regulator will begin offering invitations to developers for the installation of 500,000 PV systems throughout the country.
The Chinese solar group is looking to attract investment Stateside, which it may use to expand manufacturing capacity and solar project development. At the company’s current share price, the offering could bring in more than $200 million.
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