Posts tagged “Solar”
The Durham-based startup has been selected by a Pentagon contractor to supply its solar power modules for a pilot project at Edwards Air Force Base in California.
Researchers at N.C. State have created flower-like structures from semiconductor material that could be a future source for solar power and future energy storage devices.
The venture capital-backed startup plans to hire more than 250 employees to work at the production facility over the next several years.
The advance in solar cell technology should lead to thinner and less expensive solar panels, NCSU researchers say.
A "social finance" model is being offered to investors in which they provide capital to construct the system, take advantage of tax incentives, earn a "fair return" and then can donate the system to the Town.
Global investment in renewable energy reached a record of $257 billion last year, with solar attracting more than half the total spending, according to a U.N. report released Monday.
Nations adding wind and solar power aren't doing enough to ensure their electricity systems can meet demand when renewable-energy output falls short, according to a Bloomberg Industries analysis.
The Wake Forest utility and energy technology firm pays $4 million, sets up a new subsidiary called Southern Energy Management PowerSecure in which it holds a 90 percent controlling interest.
In a new paper, a team at the Research Triangle Solar Fuels Institute examine four means of utilizing solar energy to generate power. But they also concede that there currently is "no suitable renewable substitute for oil."
The startup company's leading-edge solar technology "could soon make electricity cheaply enough to compete with power plants fueled by coal and natural gas," says the Massachusetts Institute for Technology in its annual "most important technology milestones" list.
The City has leased space on the roof of the massive downtown structure for the construction of solar panels by private firms. They in turn will sell power to Progress Energy.
The Durham-based firm secures more money from In-Q-Tel and a new investor. Duke Energy Renewables executive is also is named to the firm's board.
"Buffett's investment shows that solar has come of age," a Wall Street analyst says. The end of the grant program "takes away some of the incentive but there will still be viable large scale solar plants."