1. 2000 MW ground mounted solar farm proposed in Kazakhstan with first phase of just 24 MW ( given the Ukrainian farms I would not discount that this baby gets built) 2. Siemens fires 30% of its solar work force as it winds up its solar energy division 3. Areva gives up on the $1 […]
What is Geothermal Power Heat from the earth used as an energy source is known as geothermal power. The word geothermal comes from the Greek words geo (earth) and therme (heat). Geothermal energy is generated in the Earth’s core. Temperatures hotter than the sun’s surface are continuously produced inside the Earth by the slow decay […]
Hydro Power is one of the largest sources of energy, accounting for roughly 20% of the worldwide demand of electricity and for well resourced countries it accounts for majority of the energy. Compared to other sources of Energy, Hydroelectric Power is one of the cheapest, non Carbon Emitting, non Polluting and Mature Energy Sources. Hydro […]
Solar Products are showing an exponential rate of growth as solar prices have come down drastically thanks to a massive increase in solar production capacity in Asia particularly China. Though this has led to a trade war between the US and Chinese governments, consumers have benefited from vastly lower prices of solar energy products. The […]
European MNCs incurring losses The European Debt Crisis is taking a major toll of the European multinationals which derive most of their revenue from the domestic European markets. The crisis which has now continued for most than 2 years shows no signs of abating. The unemployment has kept on rising in the periphery (Spain, Greece, […]
Polysilicon Price Crash Polysilicon which is the most used raw material for manufacture of solar panels has crashed to unheard of levels as the capacity glut drives prices below even variable costs. Note costs are made up of fixed costs and variable costs. Fixed costs are those which cannot be reduced by reducing production while […]