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Posted on Sat, 02/4/2012 - 01:44 AM by Bryan Nisperos
viewed 167 times
“Element is very excited to have been selected by such a reputable Italian partner with which we hope to further explore business opportunities in Italy” said Alberto Aguilar, managing Director of Element Power Italy. La Cattiva is located in Mesagne, Apulia region, and consists of two smaller units, mounted on trackers to follow sun and enhance production, for a total of 1.95MW. The use of tracker technology allows additional 35% energy capture. Piano Corallo is located in Gela, Sicily, with exceptional irradiation conditions, has 4.5MW of photovoltaic panels ground mounted on fixed tilted supports. Element Power Solar will continue to provide all the services for the management of the assets, which are expected to generate in excess of 11,000MWh/yr, with revenues of $6 million per year. MORE NEWS FROM SOLAR THERMAL MAGAZINESolarWorld States Anti-Dumping Duties Against ‘Big China Solar’ a Step Toward Restoring Industry CompetitionAs expected, there has been a flood of responses to the U.S. Commerce Department’s decision yesterday to levy tariffs on solar cells sourced from China. The U.S. Department of Commerce issued anti-dumping duties of 31.14 percent on imports of solar cells and panels from Suntech, 31.22 percent from Trina Solar, 31.18 percent from other companies that had requested but not received individual duty determinations and 249.96 percent from all other Chinese producers, including those controlled by the Chinese government. California Votes to Advance Mini-Solar Plants and Other Distributed GenerationCommercial rooftop solar arrays and other small scale generation will find it easier to connect directly to local electricity grids. The California Independent System Operator Corporation (ISO) Board of Governors today voted to streamline the process for interconnecting distributed generation, which includes renewable projects. First Solar Looking to Benefit from Saudi Arabia’s $109 Billion PlanSolar stocks could get a boost as Saudi Arabia has announced a $109 billion plan to create a solar industry that will generate a third of the nation’s electricity within two decades. The Saudi Arabian Market would provide significant opportunities for solar panel manufacturers. North American Roofing to Install Third Largest Solar Roof in U.S.Asheville, N.C. based North American Roofing today announced it has commenced installation of the third largest solar roofing project in the United States. More than 1.7 million square feet of roofing and 730,000 square feet of solar laminate panels will be installed on the IKEA distribution center located in Perryville, Md. Three North American Roofing crews will complete the re-roofing and solar project in approximately 5 months. Storage is Missing Link in Modern CSP According to CSPToday WebinarBob Stojanovic was part of the ‘Myth busting webinar’ held in the run up to CSP Today USA (taking place in Las Vegas, June 27-28). The following is an excerpt: RELATED SOLAR NEWSApple to Power 3 Data Centers with 100 Percent Renewable EnergyGreenpeace advocates gathered outside of Apple's Cupertino headquarters early this week dressed as iPhones and iPods, declaring their outrage about the company's lack of clean energy use. They projected social media messages from supporters on the side of the building:Solar Industry Reacts to Anti-Dumping RulingThe US has imposed higher-than-expected tariffs of around 31% on Chinese PV imports, drawing support from some US manufacturers and sharp criticism from Chinese officials and companies. In its preliminary ruling May 17, the US Commerce Department issued anti-dumping duties of 31.14% on imports of solar cells and panels from Suntech, 31.22% from Trina Solar, 31.18 percent from other companies that had requested but not received individual duty determinations and 249.96 percent from all other Chinese producers, including those controlled by the Chinese government. NREL Director Named Chair of National Science BoardDan Arvizu, director of the US Department of Energy's National Renewable Energy Laboratory, has been elected Chairman of the National Science Board. The 25-member body advises the president and Congress on science and engineering issues, and is the policy-setting and budget-approving body for the National Science Foundation. With an annual budget of $6.9 billion, the foundation funds about 20% of all federally supported basic scientific research at U.S. colleges and universities. Arvizu will serve a two-year term as chairman. Are IT Data Centers Emerging as a 'Killer App' for Green Power? Part 1Last month, Greenpeace launched a series of coordinated protests at Amazon, Apple and Microsoft locations to draw attention to the companies’ use of GHG intensive fuels in powering their data centers. The protests were a follow up to their recently released report, “How Clean is Your Cloud,” which criticized the companies foSolar stocks likely to remain at record lowsWith fundamental issues in the solar industry, including oversupply and consolidation, solar stocks are likely to remain at record lows through the end of 2012 and into 2013. SOLAR ENERGY ARTICLES
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SOLAR INSTALLERS
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Italy – Element Power Solar announces it has sold a 49% minority Stake of its solar operating assets La Cattiva and Officine Solari Piano Corallo for a total of 6.45MW to Fondo PPP Italia, a leading Italian infrastructure fund advised by Equiter SpA (100% Intesa Sanpaolo Group).
