PV News

China launched its Clean Development Mechanism (CDM) fund, with a potential funding of $3 billion, on Friday to finance the country's efforts to tackle...

     Construction began on the world's largest production base for magnetic levitation (maglev) wind power generators in central China on Monday.      The Guangzhou-based...

China raised gasoline and diesel prices Thursday by about 10 percent to curb demand amid shortages that have caused long lines at filling staions...

     THE chief nuclear envoy of the Democratic People's Republic of Korea Kim Kye-gwan arrived here on Tuesday, to continue further negotiations on the...

KUALA LUMPUR, Malaysia - North Korea's premier has given an assurance that talks on disabling his country's nuclear program are on track, the Malaysian...

Chief U.S. negotiator to the six-party talks Christopher Hill on Wednesday said the declaration process of the Democratic People's Republic of Korea's (DPRK) nuclear...

Norway's solar energy company Renewable Energy Corp (REC) will invest 6.3 billion Singapore dollars (about 4.3 billion U.S. dollars) to build the world's largest...

AREVA, the world's largest builder of nuclear reactors, plans to triple its investment in uranium mining to take advantage of higher prices for the...

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...