PV News

SunPower Corp., a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, recently announced that its Spanish subsidiary will design and construct an 18-megawatt Olivenza solar electric power plant in the Badajoz region of Spain. Olivenza is expected to generate more than 32 million kilowatt-hours of power per year upon completion.  SunPower will debut its proprietary SunPower(R) T20 Tracker solar tracking system in Europe at the 70-hectare site. The Tracker follows the sun as it moves across the sky, delivering up to 30 percent more energy than fixed-tilt systems while reducing installation cost per kilowatt.  "SunPower is proud to contribute to the rapid expansion of the Spanish solar market using our innovative, efficient solar energy technology," said Marco Antonio Northland, general manager of SunPower's European operations. "Our customers are demanding the highest energy delivery and fast construction schedules, requirements we can meet with our T20 Tracker. At Olivenza, we are using the SunPower Tracker to expedite deployment, maximize energy delivery, optimize land use and reduce related costs."  Olivenza is financed by a consortium of institutions, including AIG Financial Products Corp., a wholly-owned subsidiary of American International Group, Inc. and a principal investor in the energy and infrastructure sectors, and 360 CORPORATE, a Spanish principal investor in the energy and infrastructure sectors, as equity investors.  This project will expand SunPower's pioneering footprint in Spain to more than 100 megawatts under contract. Construction is expected to be complete in the spring of 2008. 

Pacific Power announced a new wind project near its recently completed Marengo facility in the hills near Dayton, Wash. When Marengo II begins commercial...

India's Prime Minister Manmohan Singh told U.S. President George W. Bush for the first time that the civilian nuclear energy agreement between the two...

Seven years after the first inter-Korean summit in 2000, the supreme leader of the Democratic People's Republic of Korea (DPRK), Kim Jong-il, and the...

CANADIAN Solar Inc, a Nasdaq-listed firm that makes solar power equipment in China, expects revenue to more than triple this year as it expands...

India's Prime Minister Manmohan Singh said the failure of the civilian nuclear agreement with the U.S. will be a disappointment his government will have...

Pakistani authorities on Friday signed an agreement with the Asian Development Bank (ADB) for a multi-tranche loan of 510 million U.S. dollars for the...

Tokyo Electric Power Co. said workers extinguished a fire at the world's biggest nuclear power station. There was no radiation leakage. The fire started...

U.S. diplomats denied the country's atomic weapons arsenal risked undermining the international treaty prohibiting countries from making warheads, citing recent commitments to scrap bomb-grade...

India's Communists, key allies of the federal ruling coalition, are holding a protest rally against a nuclear accord with the U.S., mounting pressure on...

Britain, France and Germany have urged Iran to stop its uranium enrichment immediately despite a deal it has struck with the International Atomic Energy...

Tokyo Electric Power Co. plans to restart five decommissioned thermal power generators to help cover an energy shortfall after shutting the world's biggest nuclear...