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GE Launches New Energy Company: Current

After launching its new energy company, Current, General Electric has a firm grip on how the evolution of clean, efficient, and smart energy platforms impacts businesses worldwide. The new company combines GE’s LED, solar, energy storage, and electric vehicle businesses, its Predix platform to provide cost-effective, and efficient energy solutions to its customers. Jeff Immelt, […]

October 9th

“World-Beating” Perovskite Technology Rakes In $19 Million

The UK startup Oxford Photovoltaics has just announced a second round of funding for 2015 that brings its haul for the year to $19 million. That enables a big step forward in the company’s R&D plans for solar cells based on perovskite materials — those promising but pesky crystals that could help lower the cost of solar […]

October 6th

Solyndra Misled DOE In Application For $535 Million Dollar Loan

The Department of Energy (DOE) published a special report in late August of 2015 about a 4-year investigation into Solyndra’s application process that led to the thin-film solar company’s securing of a huge DOE loan. The report is here, if you prefer to go directly to it. The inquiry found that Solyndra did not apply to the […]

October 5th

AES Distributed Energy Securitizing $100 Million Worth of Solar Assets

The Colorado-based solar energy project developer AES Distributed Energy has revealed that it will be securitizing a portfolio of solar energy assets for a total of $100 million, according to recent reports. The notes will be secured with the revenue from around 1,548 US solar energy installations. The deal marks the sixth major solar securitization […]

September 30th

Battery Storage Milestone In Texas

Younicos battery storage system will be state’s first integrated grid-scale solar storage asset. The news ledger about solar electricity storage continues expanding following an announcement from Berlin-based Younicos on its agreement with solar power supplier OCI Solar Power to provide a turnkey battery storage system at one of OCI Solar Power’s projects in Texas. According […]

September 23rd

New Bifacial Solar Module Coming From Silfab Solar

The Canadian company Silfab Solar is reportedly now aiming to add 50 new jobs in 2016, bringing the number of employees added in 2015–2016 up to 80, according to recent reports. In addition to the decision to add a further 50 employees, the company also reportedly has revealed that it intends to begin offering a […]

August 30th