El Paso Electric has reached an agreement to purchase all of the 92 megawatts (MW) of power to be produced by a new solar energy farm being constructed in southern New Mexico in a joint effort between NRG Energy, a national energy provider, and eSolar, an energy company specializing in the production of solar thermal … Continue reading
In response to declines in global prices and the economic recession, oil giant Royal Dutch Shell announced this past Tuesday it is backing away from alternative energy investments in solar, wind, and hydrogen energy sources in favor of further development of oil and gas as part of its future strategic direction. Its renewable energy focus … Continue reading
Tampa Electric, an electric utility based in central Florida, announced on Monday an agreement to purchase solar power from Energy 5.0’s Florida Solar I facility, a proposed 25-megawatt (MW) solar photovoltaic (PV) electric generating station, for a 25-year period beginning in 2011. The new solar power facility is slated to be built on a 200 … Continue reading