Australia will invest 1.4 billion Australian dollars building the world's largest solar power station

Australian Prime Minister Kevin Rudd announced that Australia plans to invest 1.4 billion Australian dollars to build a 1,000 MW power generation capacity of the world's largest solar power station will be located in California, the world's largest solar power station is currently 3 times. Prime Minister Kevin Rudd said that the construction of the power station that is, in order to support Australia's clean energy future, but also to the promotion of Australia's current economic development and the construction of power stations in Australia can also provide more employment and business opportunities.

The project is 4.65 billion Australian dollars the Australian Government plans to part of clean energy, of which 14 million for solar energy. The Government will set out the next six months details of the tender, and then determine the winning bid during the first half of 2010 units. Request to build solar power stations in the country near the existing transmission network, and select the building in sunny locations. Prime Minister Kevin Rudd also announced at the same time the Australian Government to make another decision, Australia will become the International Renewable Energy Agency a full member and will participate in the agency in June this year held the first Global Conference.

May. 30, 2009

U.S. Department of Energy: 467 million USD for geothermal and solar energy projects

U.S. Department of Energy announced on the 27th, will spend 467 million U.S. dollars funds for economic stimulus plan geothermal and solar energy development projects.

Obama for President of the United States, Nevada Solar Photovoltaic matrix after the visit, made the Declaration of the United States Department of Energy.

Obama said in a statement, the United States face a choice, or continue to serve as the world's leading oil-importing countries, or to become the world's leading exporter of clean energy.

Adopted in accordance with the United States in February for re-investment and recovery bill, geothermal energy will be 350 million U.S. dollars of investment, while solar energy will be 117.6 million U.S. dollars investment. The funds will be used for demonstration projects, research and development, the potential of geothermal and solar energy resources, national surveys, as well as other projects.

May. 28, 2009

PV material will be explosive growth

With some of the world selected areas closer to the photovoltaic energy grid parity, and battery manufacturing industry efforts to further reduce costs, PV industry and the network is becoming a very important power of choice. According to Linx Consulting (Mendon, Mass.) Latest report, PV industry's growth is reflected in the photovoltaic materials to create components on the market impact is that in the next few years as the market soared like a meteor fireworks.

The report detailed forecasts of crystalline silicon and thin film photovoltaic materials, critical manufacturing needs, by 2015, manufacturing materials market from the current 2.3 billion U.S. dollars rose to 15 billion U.S. dollars.

The implementation of Linx Consulting partner Mark Thirsk pointed out that about a year ago when analysts to these reports together, they assume that the PV market is just a bubble, if the Government would cease funding, the bubble will be broken. "I believe the facts will no longer be the case," he said, noting that a number of photovoltaic power system to start to reach parity with the region.

"PV will not disappear quickly," Thirsk said that while many companies faced with the current severe economic situation at present, "only the declining trend of slow growth, rather than the market crash."

At the same time, the driving force to reduce costs is very significant. "The vitality of the market driven by cost reduction." Thirsk said, "any real access to the market, companies have a good and reliable strategy to reduce the overall cost."

May. 26, 2009

REC Solar silicon wafer 618 million U.S. dollars to be issued share capital

Solar silicon wafer maker Renewable Energy Corporation ASA (REC) 19 announced that the company will release a total amount of about 4.0 billion Norwegian kroner (about 618 million U.S. dollars) of capital stock. In addition, REC also plans to issue 30-50 billion Norwegian kroner of the new debt. As of the time in Taipei at 15:14 on the 19th so far, REC rose 8.22 percent, at 69.80 Norwegian kroner.

The global solar cell industry leader Q-Cells SE 5 announced on 6 successful 55 Norwegian kroner per share placing price of REC shares 84,956,767 shares, equivalent to 530 million euros to raise funds, the proceeds will be used to reduce the amount of accounts on the liabilities. Q-Cells shares at the time that is equivalent to the above account of the company holding all of the REC, equivalent to the REC 17.2% of outstanding shares.

May. 24, 2009