Flexible thin-film solar PV manufacturer Ascent Solar Technologies announced yesterday that China’s TFG Radiant Group is acquiring an additional 21% equity stake in the company by purchasing shares owned by Norsk Hydro Produksjon AS for $4 million. The purchase price, at about $0.50 per share, is a 19% premium to Nasdaq-listed Ascent’s $0.42 closing share price on Tuesday, and will bring TFG’s overall equity in Ascent to 41%.
India seems to aim higher and think bigger in terms of its solar energy: from a set goal of 20 GW, the National Solar Mission grew its prospects to 33.4 GW all around the country, according to a report by Bridge to India.
The first step is to have 14.15 GW by 2018. By then, solar energy will have its own respected place on the national grid and more progress will have been made regarding the emissions level.
This will be possible due to the increased production of PV cells and the possibility of cheap imports from China. The final cost is estimated at around 40% less than what it is now.
Spanish venture is as big as 210 football pitches and has 600,000 mirrors. But there’s a dark side
Just under a month ago, on an empty mountain plateau in Andalusia, the last of 600,000 parabolic mirrors were connected, and Andasol, the world’s largest solar power station, become operational. It is, as it glints in the Spanish sun, a shining example – literally – of what renewable energy offers.
Big almost beyond belief, it is powerful, clean and looks unlike any power station you could ever imagine. Spread over terrain which covers the equivalent of 210 football pitches, there is nothing to see behind the security fences and drainage ditches but interminable lines of gleaming, eerily silent, parabolic mirrors. They gyrate simultaneously to follow the sun’s path through the sky – for all the world like an enormous Star Wars android army awaiting orders from above to destroy the local populace.
From the 16th to the 19th of January, twenty renewable energy and cleantech developers from across Egypt, Ghana, India, Jordan, Morocco, Saudi Arabia, Sudan, UAE and USA will showcase cutting-edge projects and conduct full business presentations at the Project Village at the World Future Energy Summit (WFES) 2012 in Abu Dhabi.
With 1 GW worth of of renewable projects being showased at the Project Village, the presentations represent a gigantic amount of local Middle Eastern and North African (MENA) region renewable energy.
Developing countries have overtaken developed ones in the growth of renewable projects, and the MENA region is key for the development of renewables.
As mentioned in my 2012 solar energy expectations yesterday, I think India’s got a good chance of shooting onto the solar power map this year. Following up on solar in India, a recent report by Bridge to India estimates that the country will have 33.4 gigawatts (GW) of solar power installed by 2022, far more than the 20 GW that are targeted by India’s National Solar Mission (NSM).
What could be more annoying than your gadgets running out of juice while you are on the road? As the technology has brought forward a plethora of gadgets, our lifestyle has changed drastically and we completely rely on these devices for almost everything. These devices require a lot of energy in the form of electricity to keep them working. In order to make sure that you beloved gadgets never run out of battery on the go, wearable chargers seem to be a great option. Since, the chances are rare that you will find an electrical socket at every place you go, you might love to consider the idea of having an eco-friendly wearable charger for your electronics. Hit the jump to see some of the most amazing and stylish green wearable chargers, from solar panel vests to sound absorbing T-shirts, which will provide juice for your gadgetry the very moment you need it the most.
The Zibo city of China is ready to share expertise for setting up solar energy projects in Hyderabad, according to Dr Wang Jianzhong, deputy director of the Zibo Municipal Foreign Affairs Office.
Speaking at a reception given in his honour by the Hyderabad Chambers of Commerce and Industry (HCCI), he said Zibo was one of the most important industrial cities of China.
He said that in the trade with Pakistan, Zebo mainly imported cotton and exported medicines, industrial equipment and other goods.
Tiny crystals called quantum dots emit intense, sharply defined colors. Now researchers have made LED displays that use quantum dots. Five years ago, QD Vision demonstrated its first, rudimentary one-color displays, using the nanoscale crystals. This year it demonstrated a full-color display capable of showing video. The company says it could be another five years before the technology appears in commercial displays. Samsung might get there first—it’s also developing quantum-dot displays, and demonstrated a full-color one in February.
Quantum-dot displays could use far less energy than LCDs. Another ingenious way to reduce energy use is make displays that emit no light at all, but instead reflect ambient light, an approach being taken by Qualcomm with its full-color Mirasol displays, which use only a tenth of the energy of an LCD. The technology has started to appear in tablet computers in South Korea.
There are many new technologies being developed to create cheaper, more efficient solar panels – however researchers at the National Renewable Energy Laboratory just announced that they have found a way to create more efficient photovoltaic cells using 50% less energy. The technique hinges upon a new optical furnace that uses intense light instead of a conventional furnace to heat silicon to make solar cells. The new furnace utilizes “highly reflective and heat-resistant ceramics to ensure that the light is absorbed only by a silicon wafer, not by the walls inside the furnace.”
More than 500,000 SHS systems have been installed cumulatively as of year-end 2010, according to Grameen Shakti. The SHS home energy package includes one or more solar photovoltaic (PV) panels, batteries, a power regulator, and a set of compact fluorescent lamps (CFL) and LED lights.