US Secretary of the Interior Ken Salazar signed off on the first solar farm on public land today, giving the green light to First Solar’s (FSLR) Silver State project. The 50MW solar farm spread over 618 acres will now go through all the red tape, but considering the Feds are behind the project, it shouldn’t take long to get all the paperwork in place. The company expects the solar plant to go live sometime next … Read the rest
All posts by Tate Dwinnell
Green Stocks Central Begins Coverage Of China Ming Yang (MY) Wind Energy IPO
Recently, another vehicle for trading the China wind energy space began trading. China Ming Yang (MY) made its IPO debut on the NYSE under the ticker symbol MY on October 1st. They are the largest non state owned wind turbine manufacturer and have had more success in China than A-Power Energy (APWR), but they don’t have a presence in the US outside of a recently opened office in Dallas, TX (APWR does). The other thing … Read the rest
US Geothermal (HTM) Drills Most Promising Well At Neal Springs
US Geothermal (HTM) is announcing this morning that it has successfully drilled and tested a third production well at the Neal Hot Springs geothermal project Oregon. At a production temperature of 287.5 degrees and pressure at 2770 gallons per minute it is the most promising of the wells drilled so far (this is the 3rd).
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“Well NHS-8 has the highest temperature and artesian flow … Read the rest
Rubicon Technology (RBCN) Plummets Again, This Time On Sterne Agee Sell Rating
It’s been a mighty rough go for Rubicon Technology (RBCN) shareholders in recent months. Since I posted about the CEO and CFO liquidating their entire positions in the company on June 23rd, the stock is down about 50%. Selling near the top saved the CEO nearly $2.5 million. You have to wonder now when they plan to buy back the stock. If their market timing prowess at the top is any indication, it may be … Read the rest
American Superconductor (AMSC) Announces SolarTie Solution Targeting Utility Scale Solar Plants
American Superconductor (AMSC) announced this morning its new SolarTie Grid Interconnection Solution which combines its D-VAR STATCOM and PowerModule power conversion systems for a fully optimized solution to target utility scale solar plants. It’s expected to be a $2 billion market within the next five years.
“AMSC’s SolarTie solution offers grid-management support, reactive compensation and grid interconnection, all of which are required by utility-scale PV plant developers,” said Ash Sharma, Research Director at IMS Research. … Read the rest
Satcon (SATC) Launches Next Gen Solar Power Inverter, Equinox
Satcon Technology (SATC) is having a good day today. The stock is breaking out to a new 52 week high after announcing a deal with a 63MW solar plant for its Solstice system and have also announced the launch of their next generation solar power inverter, the Satcon Equinox. The new inverter builds upon the success of the industry leading PowerGate inverter offering improved efficiencies up to 98.5%.
Verenium (VRNM) Licenses Enzyme For Edible Oils To Bunge (BG), Shares Breaking Out
Verenium (VRNM) is breaking out with heavy volume today on news it has licensed a new enzyme for use in the production of edible oil products to Bunge Oils, a subsidiary of Bunge Limited (BG). The enzyme was developed as part of the R&D agreement with Bunge to develop edible oils such as cooking oil, shortening, margarines and other products derived from soybeans and corn.
====> Click Here For Your FREE Daily Verenium Technical Analysis… Read the rest
General Electric (GE) Announces Availability Of Solar Products
General Electric (GE) is providing an update on its push into the solar market this morning. I first posted back in March that GE was making a direct run at First Solar (FSLR) with its partnership with PrimeStar to develop cadmium telluride thin solar panels. Today they have announced that the the thin film solar panels will be commercially available next year from PrimeStar’s 30MW facility and the companies have plans to increase capacity … Read the rest
Google (GOOG) Invests In Offshore Wind Farm Transmission Backbone
Google (GOOG) announced on their official blog last night that they are investing in the development of a major transmission backbone for wind farms off the Mid Atlantic coast which will stretch 350 miles from NJ to Virginia and have the capacity to connect 6000MW in offshore wind energy.. enough to serve nearly 2 million homes.
The Mid-Atlantic region is well suited to offshore wind energy with 60,000 MW of potential in relatively shallow waters … Read the rest
Satcon Technology (SATC) Solstice Product Selected For 63MW Solar Plant In Puerto Rico
Satcon Technology (SATC) is surging in pre-market trading on news the CIRO One 63MW solar plant to be built in Puerto Rico will use 126 of Satcon’s Solstice 500kW power harvesting and management solution. The technology increases the overall energy yield of solar installations by 5 – 12% and reduces system material costs by 20 – 25% compared to a centralized inverter system. Construction of the plant is expected to begin this month. No … Read the rest