Latest Updates: photovoltaic RSS

  • Balloon Type Solar Concentrator
    Srikant Rajan 05:33:36 pm on October 5, 2008 | 1 | # |
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    Cool Earth Solar has a balloon up in air.No, it isn’t the kind of balloon you would like to play with it, but the kind that concentrates solar power to generate electricity.The company uses an inflatable thin-film balloon(Solar concentrator) that upon inflation focuses sunlight onto photovoltaic cell held at its focal point.Technically speaking this design should produce the maximum amount of power concentration as it focuses sunlight from all directions. A single cell in this concentrator generates about 300 to 400 times the electricity of a cell without a concentrator.So does this mean there would be no more rows and rows of solar panels in the field but just one balloon hovering in the air?

    Well Cool Earth is constructing a prototype plant in Livermore to test out different solar designs and get some proof of this technology.This winter, Cool Earth will launch its first commercial-grade power plant. The plant will be relatively small— only 1.4 MW— but Cool Earth plans on launching a full-size plant (10 to 30 MW) by next summer.

     
  • Wind Power Gets a $240 Million Push
    Srikant Rajan 03:53:13 pm on June 27, 2008 | 0 | # |
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    Duke Energy,is one of the largest electric power companies in the United States,  and delivers electricity to nearly 4 million US customers .Duke has acquired  Vermont based acquired Catamount Energy Corporation , which has developed wind projects in US and United Kingdom.This acquisition has cost Duke $240 million and any assumed debt.

    Duke is slowly but surely building up its renewable energy generating capacity.This acquisition comes after the recent agreement to purchase electrical power from a photovoltaic solar farm slated to be built in Davidson County.Duke has also plans to invest $100 million in to develop solar power in North Carolina.Now the plunge into the wind power segment further highlights that Duke’s plans to develop its renewable power offerings.

     
  • Future Bright for LDK Solar
    Srikant Rajan 03:20:46 pm on May 23, 2008 | 0 | # |
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    LDK Solar is a leading manufacturer of solar wafers, a key component in photovoltaic cells(PV).LDK solar has its manufacturing base in China and its US office is located in Sunnyvale ,California.LDK seems to have  ambitious plans to increase its manufacturing capability and build up a formidable solar muscle.It has recently fast tracked completion of a $1 billion manufacturing facility in Xinyu City ,China.It has also secured nearly a dozen contracts with clients such as Moser Baer and Qimonda AG.Hyundai ,another giant has contracted over 1 GW of wafer production from LDK in 2009.Such plans indicate a good financial state of affairs and nice investment prospects .Mary Blackwell ,Ludlow Energy Ventures believes LDK provides an excellent prospect for long term investing particularly in $35 to $40 range.

     
  • Duke Energy Teams With SunEdison
    Srikant Rajan 03:08:20 pm on May 22, 2008 | 0 | # |
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    Duke Energy  has entered into a partnership with North American based SunEdison.Under the terms of this agreement Duke Energy would purchase  all the electrical power from  the photovoltaic solar farm slated to be built  in Davidson County, N.C., north of Charlotte by the year 2010.This solar farm is expected to provide customers of Duke Energy , excess of of 16MW of power for nearly 20 years.Keith Trent, group executive and chief strategy officer viewed the present agreements as an important step in achieving Duke Energy’s long term goals.Trent added that Duke Energy is also advancing  its indigenous technology for distributed solar power generation and that renewable energy would play a dominant role in Duke’s energy portfolio in the coming years.

     
  • DuPont To Enhance Solar Capability
    Srikant Rajan 05:32:00 pm on May 14, 2008 | 2 | # |
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    DuPont has recently unveiled its plan to establish a research center in Hong Kong and a manufacturing facility in Shenzen to fast track developments in the solar energy field.This new strategy comes in wake of growth expectation of more than 30% in the photovoltaic (PV) market in the coming years.David B. Miller VP ,DuPont  expects to enhance production capability of PV modules so as to enable widespread adoption of solar power.He emphasized that the new facilities would cater to the amorphous silicon (a-Si) thin film market. Thin film technology is predominantly employed for harvesting solar power on a huge scale using utilities such as "solar farms".DuPont’s plan to step up productions specifically in the thin film segment further emphasize its bullish outlook in the solar energy,PV sector.DuPont is a science-based products and services company founded in 1802,   and currently having operations in more than 70 countries.

     
  • Photovoltaics Vs Coal Based Power
    Srikant Rajan 01:40:01 pm on May 8, 2008 | 0 | # |
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    Photovoltaics(PV) are simple power generating devices with no moving parts and high reliability as compared to coal based power production.However high costs associated with their manufacture has prevented the widespread adoption.Ely Sachs,MIT professor and founder of 1366 Technologies is currently researching improved cell architecture and manufacturing process.Sachs believes that multi crystalline silicon cells can emerge as a greener alternative to coal based power.1366 Technologies has  recently secured $12.4 million in a first round of financing co-led by North Bridge Venture Partners and Polaris Venture Partners to pursue research in improved PV technology.