Solar Power News
In the news:Suntech Power Holdings Co., Ltd. Gets Four Solar Projects In China-Reuters
Reuters reported that Suntech Power Holdings Co., Ltd. reached agreements to develop four solar power plants in China. Suntech struck the 1.8 gigawatts of solar power deals with the governments of Shaanxi and Qinghai provinces as well as the Shizuishan and Panzhihua city governments. The Shaanxi development will be 300 megawatts, while the remaining three projects will be 500 MW each.
Source: Reuters
Energy Department to pay $52.5 million for 24/7 solar power
The U.S. Department of Energy will pay $52.5 million for research, development and demonstration of concentrating solar power systems that can deliver power 24/7. Concentrating solar power systems concentrate the sun’s rays onto a fixed point and use the heat produced to create steam that turns turbines to produce energy.
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Labels: Solar News, Solar Plant, Solar power, solar power plants, Solar Projects, Solar Stocks
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