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SunEdison to acquire Vivint Solar for $2.2 billion

SunEdison to acquire Vivint Solar for $2.2 billion

Renewable Energy business SunEdison and its spinoff, TerraForm Power Inc. announced on Monday that it will acquire residential solar-system company Vivint Solar at a price of $2.2 billion in both cash stock and convertible notes. The agreement is the latest of several multibillion-dollar deals that are part of the Missouri developer’s aggressive strategy to expand […]

White House

White House to Plot 300 MW Solar Plants for Poor Families By 2020

At present, solar industry is evolving faster and is doing well in the US. To expand their business reach further, On Tuesday, White House announced to take an initiative to access solar energy for American civilians. The Obama administration intends to triple the capability of solar energy and other renewables systems. It plans to install […]


Hawaii fights with Kniks of Solar Power

There’s no other better spot than Hawaii, when it comes to having a look at the problems of turning the electric grid green. With 21 per cent of its energy now originating from renewable sources like wind turbines and solar panels; Hawaii has turned into a research center for those planning on reinventing the grid. […]


San Francisco-based Sunrun Inc. Files for an Initial Public Offering

Sunrun Inc. – a San Francisco-based US solar energy company that provides solar energy to homeowners filled for an initial public offering of its common stock on Thursday. The deal was filled with US regulators, making a bid to become the second-largest leader of residential solar energy in the US, SolarCity Corp. The company told […]

Renewable Energy Source

Growth of Renewables Surpassed Fossil Fuels in the Power Sector

A new study shows that the growth of renewable energy has surpassed fossil fuels in the power sector a year ago, with a record 135GW of capacity, added from solar, hydropower, wind, and other renewable sources. That is more than the generating capacity of over all nuclear reactors in the US and marginally not exactly […]

Solar Energy News

Solar Energy: The most popular source of energy in Australia

A survey conducted by Ipsos found that solar energy is the most popular source of generating electricity in Australia, more than three times the backing of nuclear and coal power. The survey received 1200 audience poll across the nation, and found that solar panels on the roof top were supported by around 87 per cent […]

IEA and World Bank to Invest Money at Renewables

IEA and World Bank to Invest Money at Renewables

Recently, World Bank and IEA announced plans to spend more on renewables, as they think that enough money is not invested in such renewable source due to which industries often point out of having lower gains in their profit margins. So, IEA and World Bank came up with an alternative to spend more money in […]


Apple Pledges to Boost Its Renewable Energy Goal

On Monday, CEO of Apple Inc. Tim Cook pledged to generate sufficient amount of energy through renewable energy source in China’s manufacturing plant, to power its global operations. Apple, is partnering with WWF which happens to have one of the largest energy manufacturing plants in Sichuan province of China. The company has disclosed a new […]

Fed and State Gov. must do more to chart strong US solar future, MITEI report says

Fed and State Gov. must do more to chart strong US solar future, MITEI report says

Solar energy holds the best potential for meeting humanity’s expanding electricity demand, while also a crucial tool for tackling the global climate challenge. But a number of technical and more effective deployment policy are needed to realize this potential, says a comprehensive report, titled The Future of Solar Energy, released by the MIT Energy Initiative […]

Solar Impulse

Solar Impulse pilots takes off for flight around the world

Air travel has stepped into a new era. In a landmark journey, a Swiss solar-powered plane began its trip around the world. The plane took off from Abu Dhabi, United Arab Emirates on the morning of 9th March 2015, commencing the first attempt to fly around the world using only solar power. The Solar Impulse […]

According to SolarCity, the new fund is the largest ever created for residential solar power.

Google, Solar City reportedly team up to create $750 million in residential solar projects

Google Inc made a commitment to invest $300 million that would finance residential solar projects. SolarCity Corp on Thursday announced in a company blog post that it has created a fund expected to finance $750 million in residential solar projects with Google Inc investing around $300 million. SolarCity is headed by CEO Lyndon Rive, cousin to Tesla Motors’ […]

Riverside County is now home to the world's largest solar power plant

World’s largest solar plant opens outside desert center in Riverside County

Riverside County is now home to the world’s largest solar power plant, as California moves to expand its use of green power to meet the state’s renewable energy requirements. U.S. Interior Secretary Sally Jewell joined state officials on Monday to open the 550-megawatt Desert Sunlight solar project, which produces enough electricity to power 160,000 average […]

Solar Panel

Old Blu-ray discs can boost solar panel efficiency by 22 percent, study says

Blu-ray discs have become largely obsolete in the arena of digital downloads and streaming video. But they are now gearing up for a new and completely different return. It turns out that, the blue-bottomed discs are very good at enhancing the light-absorbing properties of solar panels. The tiny patterns etched into the bottom of the […]

Solar Energy

Creating solar, wind power now is as cheap as other energy sources

It has been a long-held dream for the solar and wind industries in the United States to generate energy at a cost equal to conventional sources like coal and natural gas. That day seem to be dawning soon. Since the last five years, the cost of providing electricity from wind- and solar-power plants has plunged, […]

First Wind

SunEdison and TerraForm turn to wind generation, will acquire First Wind for US$2.4 billion

Solar developer SunEdison and renewable energy operator TerraForm Power announced on Monday that they have signed a definitive agreement to acquire wind energy projects developer First Wind for $2.4 billion. With this deal, SunEdison would be world’s largest renewable energy development company. SunEdison said it was raising its 2015 project installation guidance from a range of […]

Netherlands solar road, converts sunlight into electricity and is the world's first solar-panelled bike path

Netherlands Opens World’s First Solar-Powered Bike Path For Public Use

The world’s first road that converts sunlight into electricity is set to open in the Netherlands on Nov. 12. The solar-panelled bike path aptly called SolaRoad will stretch about 70-meters or 230 feet long (less than one mile) to connect two suburbs in Amsterdam, Krommenie and Wormerveer. The path will become the first in the […]

Zheng Jianming

Hong Kong Property Investor Creates a $20 Billion Solar Investments Portfolio

A Hong Kong property investor has invested about $20 billion in Chinese solar manufacturing company in hopes of expanding his range of businesses in environmentally friendly technologies and may even seek Wall Street investment for the same. Zheng Jianming, chairman and founder of Asia Pacific Resources Development Investment Ltd., is considering a public listing for […]

The most photographed phone booth in London sits in front of Big Ben.

Solar Calling? London’s Iconic Red Phone Booths Go Green

Britain is just not yet ready to bid farewell to its beloved crimson telephone booths, it seems. Whether it is opening a small library, or opening elongated aquariums or even the world’s smallest pub, the UK has largely fallen into the habit of saving its darling icon by means of creative repurposing. The rescue efforts […]

Oahu, Hawaii,has the highest number of houses installed with rooftop panels compared to the rest of the U.S.

The Bitter Battle between Utilities and Solar around the Globe

Recently when Spain issued a notice of a law enforcing solar energy-equipped homes and offices to pay a reformatory tax, architect Inaki Alonso re-installed a 250 watt solar panel on a bar over his Madrid terrace. “The government wanted people to be afraid to generate their own energy, but they haven’t dared to actually pass […]