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SPI Solar to acquire 360 MW worth of solar power projects in China

SPI Solar to acquire 360 MW worth of solar power projects in China

Solar Power, Inc. is set to become one of the largest solar developers in China....

Toyota hybrid exceeds 7 million mark in global sales

Toyota hybrid exceeds 7 million mark in global sales

The cumulative global sales of Toyota Motor Corporation’s hybrid vehicle have ex...

Suzlon eyes 2,000 MW of wind energy projects in India over next five years

Suzlon eyes 2,000 MW of wind energy projects in India over next five years

India-based wind turbine maker Suzlon has expressed its intent to build 2,000 me...

Solar power could be leading source of electricity by 2050

Solar power could be leading source of electricity by 2050

Solar power could overtake all other sources of electricity by 2050, according t...

U.N. chief welcomes announcements made in Climate Summit

U.N. chief welcomes announcements made in Climate Summit

United Nations Secretary-General Ban Ki-moon welcomed bold new actions to addres...

Climate Summit sees intiatives and commitments

Climate Summit sees intiatives and commitments

Various bodies and entities on the Climate Summit in New York have announced the...

Climate Rally reaches 310,000 participants

Climate Rally reaches 310,000 participants

The number of people who joined the People’s Climate March this September 21 rea...

Business

Richard Flint, Yorkshire Water CEO, opens self-powered sewage works

Richard Flint, Yorkshire Water CEO, opens self-powered sewage works

Thursday, 13 November 2014

Consuming two years development time and a whopping £34 million investment, Yorkshire’s first self-powered sewage works site has been unveiled in Brad...

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Technology

New polymer materials developed for better solar cells

New polymer materials developed for better solar cells

Wednesday, 19 November 2014

Researchers from North Carolina State University and the Hong Kong University of Science and Technology have developed new materials for more efficien...

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Politics

U.N. chief welcomes $9.3 billion pledge for Green Climate Fund

U.N. chief welcomes $9.3 billion pledge for Green Climate Fund

Friday, 21 November 2014

United Nations Secretary-General Ban Ki-moon welcomed over $9.3 billion in pledges made by Governments for the Green Climate Fund. The $9.3 billion pl...

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Living Green

How to reduce your pooch’s carbon paw print

How to reduce your pooch’s carbon paw print

Wednesday, 19 November 2014

With an increasing number of people becoming environmentally conscious, there is little wonder that several measures are being taken to bring down the...

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Renewables

IKEA purchases second U.S. wind farm to provide clean energy to their stores

IKEA purchases second U.S. wind farm to provide clean energy to their stores

Friday, 21 November 2014

The IKEA Group has purchased the 165-megawatt Cameron Wind Farm in Cameron County, Texas, from Apex Clean Energy. The Cameron Wind Farm is expected to...

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Low-Carbon

Green energy in business – Five tips for the office

Green energy in business – Five tips for the office

Friday, 21 November 2014

Make your office and employees eco-friendly with simple-to-implement advice on creating a green workplace from the energy experts at Project Lower. As...

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Opinion

Unsustainable urban life: What's next?

Unsustainable urban life: What's next?

Wednesday, 11 June 2014

Nutrition plays a critical role in everyone’s chance at a better future. Hunger, said Benjamin Franklin once, is the best pickle. Some say “pickle”...

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Cheaper solar prices to drive U.S. solar boom in next five years

In the next five years solar energy will be cheaper than power from the grid in most of the United States, with solar panel and installation costs moving down while transportation costs of electricity move up, experts predict.

Eric Graber-Lopez of BlueWave Capital and former Carbon War Room chief executive Jigar Shah, both set to be speakers at “The Solar Future Eastern USA '12” conference, shared some early insights on the issue.

"The awakening of the U.S. solar market will be driven by grid parity within each region. Federal incentives provide a good foundation for the expansion of the solar industry but state-level incentives are still needed to truly make solar energy competitive in each regional market," says Mr. Graber-Lopez, renewable energy advisor of BlueWave Capital.

Mr. Graber-Lopez sees good opportunities for solar power development in the Eastern U.S. with the primary markets being New Jersey, Massachusetts, Pennsylvania, Maryland, Delaware and Ohio, with New York playing a larger role in the next few years.

Mr. Shah, former chief of Sir Richard Branson’s Carbon War Room, sees grid parity as a natural development.

"Americans refuse to overpay for solar PV. Once the costs of solar PV are cheaper than the retail power prices – as they are for over 20 percent of Americans now – the local solar companies will significantly ramp up marketing campaigns," he explains.

According to Joseph Berwind, founder of Alternative Energy Investing Research & Consulting, grid prices in the U.S. are cheap because of the enormous natural gas supplies in the North East and the new ways of drilling with fracking techniques. However, when distribution prices keep going up, new opportunities occur.

The U.S. is the fourth largest solar market in the world, behind Germany, Italy and China. Last year, the Chinese market rose from 7th to 3rd and grew from 500 megawatts to 2.5 gigawatts. The U.S. market grew from 900 MW to 2 GW last year. – EcoSeed Staff



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