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The proposal, yet to be approved, calls for $100 billion investment in solar energy over the next two decades to install 20,000 MW of solar energy The plan proposes that the government should give out $5 billion subsidies to the power utilities, every year for the next 20 years, which…

San Francisco-based Pacific Gas and Electric Co. (PG&E) led the pack in 2008, according to a new report from the Solar Electric Power Association (SEPA). The trade group named PG&E the most solar integrated utility due to the 85 megawatts of new capacity.Two other California utilities — Southern California Edison…

The photovoltaic plant was inaugurated Sunday at Masdar City by Sheikh Diab bin Zayed Al Nahyan, Chairman of Abu Dhabi Water and Electricity Authority (ADWEA). The 212,000 square meter (55 acre) solar system is comprised of 87,777 photovoltaic modules and will produce 17,500 MWh of clean energy each year that…

“We know the cost of our oil addiction all too well,” Obama said in a speech at Nellis Air Force Base, which is home to the biggest solar electric plant in the Western Hemisphere. “It’s the cost measured by the billions of dollars we send to nations with unstable or…

solar thermal power could provide 25 percent of the world's electricity needs if investments increased and the technology was put in place

Before we take a look at Ocean Power Technologies (OPTT), let's take a brief glance at the energy market

U.S.-based investment bank Morgan Stanley has increased its stake in Singapore-based tidal power company Atlantis Resources Corporation, targeting a marine energy sector that covets the global success of wind power

“Never before has Intersolar had more exhibitors, more visitors, more media representatives and more different nations represented”, said Markus Elsässer, Managing Director of Solar Promotion GmbH, one of the two organisers of Intersolar. “Given the difficult economic situation, we are especially pleased that Intersolar 2009 has turned out so successful.…

Li Junfeng, secretary-general with Chinese Renewable Energy Industries Association (CREIA), said the country would have no difficulty to realize 10 GW of installed solar PV power capacity by 2020.China earlier planned to form 300 MW and 1.8 GW of installed solar PV power capacity by 2010 by 2020, respectively, according…

First Quarter 2009 Financial and Operating Highlights — Solar module shipments were 48.8 MW, compared to the Company’ s previous guidance of 50 MW to 55 MW, representing a decrease of 15.3% sequentially and an increase of 65.5% year-over-year — Total net revenues were $132.1 million, a decrease of 38.9%…