Apex’s decision to lead the investment in SolFocus represents a deliberate expansion of its portfolio base into the renewable energy sector. Apex Venture Partners, which was established in 1987, has six funds and more than $600 million under management. Apex typically focuses on early stage investments in software applications, technology-enabled…

Solar power in the UAE has the capability to outdo US and European targets of producing 20 to 30 per cent of energy from renewable sources by 2020, thanks largely to abundant revenues from oil, trade, tourism, and real estate to boost it, the world’s largest solar panel manufacturer has…

The National Energy Administration has decided to expand the country’s solar power capacity to 2 gW in the next two years, with a subsidized price for solar power of 1.09 yuan per kWh, the source said. China is trying to catch up in a global race to find alternatives to…

The $140 million round will support the development of large-scale power plants using molten salt storage

The task orders were awarded under a Naval Facilities Engineering Command, Atlantic multiple-award global contingency construction contract (N62470-06-D-6007) All of the task orders involve installation of solar energy systems that will be tied to the electrical distribution grid. Altantic Contingency Constructors expects to complete work on the task orders by…

China Nuvo is an early-stage company developing a commercially viable, higher efficiency stacked photovoltaic solar cell. The newly acquired IP is for enhancements of existing technologies that range from increases in output and efficiency to the use of lower cost newly discovered photovoltaic materials and processes, the company said. The…

According to the Associated Press, the futuristic car is years away from reaching the market but is expected to get some of its power from solar cells placed on the vehicle and the rest from solar panels on the rooftop of the home where the car is parked. At its…

The leases will allow wind companies to build testing stations on federal land off the New Jersey and Delaware coasts. Research already has shown that the Northeast has relatively shallow water and few strong hurricanes, which make it a good candidate for existing offshore wind technology. The U.S. so far…

RAU Architects developed their Green Office 2015 concept for a multi-functional office building that combines a spacious interior for comfortable working and ample green space for recreation. Designed for a site with existing infrastructure, this green office integrates sustainable transportation and is outfitted with photovoltaic cells and wind turbines to…

The report says PV power generation will be price competition in areas of Southern Europe as early as next year. PV is already demonstrating rapid uptake ability in Euorope, with 4.5 GW installed in 2008, making it the fastest growing renewable energy technology. In 2008, PV accounted for approximately 19%…