Canadian Solar Inc. (the 'Company', or 'Canadian Solar') (NASDAQ: CSIQ),one of the world's largest solar power companies and Bank of China (Canada) and Bank of China, New York Branch ('Bank of China'), one of the world's largest banks, today announced that they have signed a ground breaking financing agreement to provide a C$120 Million construction loan facility for solar power plants in Ontario, Canada. The loan facility will be used to support the construction of solar power projects owned by Canadian Solar and which are expected to be built during 2012, 2013, and into 2014.
'We are delighted to announce this agreement with Bank of China, a long time banking partner to Canadian Solar. Their strength and reputation as a global bank combined with their competitive terms makes them an ideal partner to support the growth of our project business in Ontario. This agreement also represents an important step towards our goal of generating over 40% of our revenue from total solutions in 2013 and beyond,' said Shawn Qu, Canadian Solar's Chairman and CEO.
Canadian Solar continues to source innovative new banking partners to finance its Ontario and its global pipelines and initiatives.
Source:http://www.environmental-expert.com/news/canadian-solar-and-bank-of-china-enter-into-a-c120-million-construction-financing-agreement-for-solar-power-plant-development-in-ontario-292657
Thursday, May 3, 2012
Tuesday, May 1, 2012
Solar Growing as Viable US Energy Source
Solar power is a viable energy source for the nation, and its use is rapidly growing in the U.S. as federal incentives—similar to those that helped other energy markets to develop—are put in place.
That is the message of “Assessment of Incentives and Employment Impacts of Solar Industry Deployment,” a report commissioned by the Solar Energy Industry Association (SEIA).
The Howard H. Baker Jr. Center for Public Policy at the University of Tennessee, Knoxville, administered funding for the research and the report. The Baker Center is a nonpartisan institute devoted to education and scholarship concerning public policy and civic engagement.
The report was written by a five-person team that included Susan M. Schexnayder, a senior research associate with UT’s Department of Forestry, Wildlife, and Fisheries; Alexandra Brewer, a UT graduate student in political science and graduate research assistant at the Baker Center; David P. Vogt of Decision Commerce Group LLC and retired from Oak Ridge National Laboratory; Tom N. Yoder, of Ohio, a partner at Decision Commerce Group LLC and an independent research professional; and Edward J. Lapsa, an independent consultant from Knoxville.
“This report looks at solar in relation to other energy sources and finds that solar is on the path to becoming a mainstream source of energy for our nation,” said Matt Murray, director of the Baker Center. “In addition, the report pulls together data showing the solar industry’s great potential for the US economy—not only in the diversification of our energy supply, but also through job creation and global business opportunities.”
Murray said being involved with the production of this report is in line with the Baker Center’s focus on energy and environmental policy. The Baker Center is also administering the $700,000 SunShot Solar Initiative, a project looking at the regulatory challenges and non-technological barriers to solar adoption.
Source:http://www.utk.edu/tntoday/2012/05/01/solar-growing-viable-energy-source/
That is the message of “Assessment of Incentives and Employment Impacts of Solar Industry Deployment,” a report commissioned by the Solar Energy Industry Association (SEIA).
The Howard H. Baker Jr. Center for Public Policy at the University of Tennessee, Knoxville, administered funding for the research and the report. The Baker Center is a nonpartisan institute devoted to education and scholarship concerning public policy and civic engagement.
The report was written by a five-person team that included Susan M. Schexnayder, a senior research associate with UT’s Department of Forestry, Wildlife, and Fisheries; Alexandra Brewer, a UT graduate student in political science and graduate research assistant at the Baker Center; David P. Vogt of Decision Commerce Group LLC and retired from Oak Ridge National Laboratory; Tom N. Yoder, of Ohio, a partner at Decision Commerce Group LLC and an independent research professional; and Edward J. Lapsa, an independent consultant from Knoxville.
“This report looks at solar in relation to other energy sources and finds that solar is on the path to becoming a mainstream source of energy for our nation,” said Matt Murray, director of the Baker Center. “In addition, the report pulls together data showing the solar industry’s great potential for the US economy—not only in the diversification of our energy supply, but also through job creation and global business opportunities.”
Murray said being involved with the production of this report is in line with the Baker Center’s focus on energy and environmental policy. The Baker Center is also administering the $700,000 SunShot Solar Initiative, a project looking at the regulatory challenges and non-technological barriers to solar adoption.
Source:http://www.utk.edu/tntoday/2012/05/01/solar-growing-viable-energy-source/
Best Buy Leaks Logitech Solar-Powered iPad Case
A new listing at Best Buy has unveiled — perhaps prematurely — a very interesting gadget: A solar-powered iPad case by Logitech.
This confirms a recent rumor that Logitech is working on such a case, though Logitech itself hasn’t officially said a word about it yet.
The Best Buy listing looks very real, however. The iPad case comes with a built-in, solar-powered keyboard, which charges in “direct light” and features 121 keys, with dedicated Internet and multimedia keys.
Unfortunately, the case doesn’t seem to power the iPad, only the keyboard. However, that too is an improvement over most keyboard-bearing tablet cases, whose batteries can run out fairly quickly.
On the compatibility front, Best Buy only lists “the new iPad” — there’s no mention of iPad 1 or 2. The case weighs 15.9 ounces and connects to the iPad via Bluetooth, with the price listed at $129.99.
Source:http://mashable.com/2012/05/01/logitech-solar-ipad-case/
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