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Suntech posts surprise profit

Chinese solar energy company Suntech Power Holdings Inc on Thursday reported a surprise quarterly profit and said it expects its revenues to grow in the second quarter.

'Made in Germany' not enough for solars to prosper

German solar companies that have not yet set up U.S. and Chinese production plants are likely to lose out on significant subsidies and will struggle to bring down their production costs to the levels of their Asian peers.

German solars see recovery after losses

The German solar industry expects a recovery in the second half of this year after a wave of earnings showed on Thursday the sector has written off the first three months as the low point of 2009.

Schott Solar inaugurates U.S. plant for solar modules

Germany's Schott Solar inaugurated a plant in Albuquerque, New Mexico on Monday to produce photovoltaic modules and solar thermal receiver lines.

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New solar farm adds hot water to cheap electricity

An energy company in Israel plans to launch a solar farm this month using new technology it says can produce cheap and efficient electricity while supplying hot water to homes.

PG&E to purchase solar power from space

Utility firm PG&E, California's largest, is approaching renewable energy in a much different way by completing a deal to be provided with solar energy from space starting in 2016.

U.S. University develops high-tech solar car

An advanced solar car that can cruise in a range from 50 to 60 miles per hour and weighs less than 500 pounds is being developed by students at the Massachusetts Institute of Technology.

U.S. Interior Chief touts renewable energy zones

The Obama Administration is carving out renewable energy zones across the country and offshore, and is preparing to work with critics who object to wind turbines or solar farms near wilderness or tourist areas, Interior Secretary Ken Salazar said on Tuesday.

NRG Energy kicks off solar deal to power homes in U.S

NRG Energy Inc. announced on Monday a deal with eSolar to develop solar power plants with the capacity to power 400,000 homes at sites in California and the Southwest United States.

Solar energy firm signs big power deal with Edison

BrightSource Energy, a solar energy provider signed a deal with Sourthern California Edison to supply the utility company with 1,300 Megawatts of solar energy, enough to serve nearly 845,000 homes.

Utility presents plan for $773M solar power project in New Jersey

A utility company in New Jersey with more than 2 million customers is asking approval for a $773 million project to implement a solar energy program to provide electricity to the communities and costumers it serves.

Big businesses seek out solar as sector heats up

Big business is officially going solar.

Tapping solar energy

Commodity Online India is a sunny country with a solar energy potential of 20 mw every square km. At present, only a tiny fraction of it is being tapped. Solar energy can be used directly in...

Govt to make solar heater mandatory

Commodity Online NEW DELHI: The government will amend the building bye laws for making the use of solar water heaters mandatory in certain categories of building.

Moser Baer to invest over $1.7 billion in expanding thin film photovoltaic capacity

One of the world's largest manufacturer of optical and magnetic storage, New Delhi-based Moser Baer India is set to invest over $1.7 billion (Rs.6900 crore) in expanding its thin film photovoltaic (PV) capacity by 565 megawatt (MW).

Solar industry sees boom in sunny Italy

Italy may soon become Europe's next frontier for solar energy as new incentives prompt investors to bet on higher returns than in Germany, which has less sun but is currently the hub of a growing global market.

India faces unbearable oil bill, nuclear a must: PM

India is committed to developing its nuclear energy capability and other sources of power as its oil bill will impose an unbearable burden as growth continues, the prime minister said on Monday.

China's LDK plans $300 million Nasdaq listing -paper

Chinese solar power equipment maker LDK Solar Hi-Tech plans to raise about US$300 million in a listing on the Nasdaq stock market next year, the South China Morning Post reported on Tuesday.