Amidst harsh price wars in the solar module maker space, Germany-based SolarWorld AG said in a statement that the company is bankrupt. The company statement said that “ongoing price erosion” and mounting debts have resulted in a negative prognosis for the company and that the board members will immediately file for insolvency.
It is unclear what will happen to the company’s affiliates, including the US-based operation based in Oregon.
Tesla is opening up its online store for its solar roof tiles Wednesday, Elon Musk said in a message on Twitter. More details—presumably including pricing—will be disclosed shortly.
US-based solar PV module manufacturer, Seraphim Solar, announced last month that it is on target for its planned Phase 2 expansion, which would add 200 MW of manufacturing capacity to its existing 160-MW facility.
In addition, the company said that its high-efficiency, 60-cell solar modules, designed for the residential distributed generation market, are available for purchase in addition to its 72-cell module offering.
The U.S. Bureau of Land Management yesterday issued an environmental assessment with a proposed action that, if approved, would allow Ormat Technologies to move forward with its Dixie Meadows geothermal utilization plan.
As the debate over use of fossil fuels vs. renewables to generate electric power ratchets up, we can only hope that Washington will continue to support storage battery technologies. Budget cuts to groups like the U.S. Department of Energy — especially its Advanced Research Projects Agency-Energy — could be devastating.
Finding a new job can be tough. One way to maximize your odds is to look for opportunities in clean energy. It’s one of the fastest-growing, most innovative sectors of our economy.
(Wed, 10 May 2017) Over the past 10 years, increased refining activity and relatively flat demand in the MidwestâPetroleum Administration for Defense District 2 (PADD 2)âhave allowed refiners in the region to meet a larger share of regional gasoline and diesel fuel needs.
(Wed, 10 May 2017) Miscellaneous Electric Loads (MELs) comprise a growing portion of delivered energy consumption in residential and commercial buildings. Miscellaneous end usesâincluding televisions, personal computers, security systems, data center servers, and many other devicesâhave continued to penetrate into building-related market segments.
(Wed, 10 May 2017) Kazakhstan is a major oil producer. The countryâs estimated total petroleum and other liquids production was 1.698 million barrels per day (b/d) in 2016. Oil field development in Kazakhstan reached two milestones in 2016. In October 2016, Kashagan field resumed production after years of delays. In July 2016, the Tengizchevroil consortium made a final investment decision on a project to increase liquids production at the Tengiz field by about 260,000 b/d.
Eni's Nigerian subsidiary Agip is planning to build a 150,000-barrel per day refinery in the Niger Delta.
Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.