CONTOURGLOBAL | Focal Line Solar Inc.

December 5, 2019

ContourGlobal warns on profit

Wholesale power generation firm ContourGlobal said full year earnings would be ‘modestly’ below expectations thanks to delays in closing out an acquisition in Mexico. The company reported adjusted earnings before interest, tax, depreciation and amortisation up 19% from $447m to $531.6m for the period 1 January to 30 September. It said this reflected the full …

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June 13, 2019

Credit Suisse enters Concentrated Solar Power ownership in Spain

Credit Suisse Energy Infrastructure Partners has completed the purchase of a 49% stake in 250 MW of Spanish Concentrated Solar Power capacity from ContourGlobal, Credit Suisse announced May 22. ContourGlobal, a UK-based power plant investment group, purchased the five 50 MW assets from Spain’s Acciona last year. The plants are situated in south-west Spain and …

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May 29, 2019

ContourGlobal closes sale of 49% stake in Spanish 250 MW Concentrated Solar Power portfolio

ContourGlobal Plc (LON:GLO) completed othe sale of a 49% stake in the 250-MW Spanish concentrated solar power (CSP) portfolio it purchased from Acciona in early 2018. The deal was closed for EUR 134 million (USD 149.9m) payable in cash. The buyer is a fund advised by Credit Suisse Energy Infrastructure Partners AG. The portfolio consists …

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Rice Lab Reports Significant Advances in Perovskite Solar Cell Stability July 4, 2024
Los Angeles CA (SPX) Jun 18, 2024 Solar power is growing rapidly as an energy technology, recognized for its cost-effectiveness and its role in reducing greenhouse gas emissions. A Rice University study published in Science details a method for synthesizing formamidinium lead iodide (FAPbI3) into stable, high-quality photovoltaic films. The efficiency of these FAPbI3 solar […]
Chinese Premier Li targets clean energy in Australia visit July 4, 2024
Sydney (AFP) June 18, 2024 Premier Li Qiang toured a Chinese-controlled lithium refiner in Perth on Tuesday, a sign of his country's vast appetite for Australian "critical minerals" required for clean energy technologies. Li ended his four-day visit to Australia with a tour of the low-carbon energy industry in resource-rich Western Australia. His first stop […]
Whoever controls electrolytes will pave the way for electric vehicles July 4, 2024
Tokyo, Japan (SPX) Jun 25, 2024 Professor Soojin Park, Seoha Nam, a PhD candidate, and Dr. Hye Bin Son from the Department of Chemistry at Pohang University of Science and Technology (POSTECH) have achieved an important development in creating a gel electrolyte-based battery that is both stable and commercially viable. Their research was recently published […]

Rio Tinto Completes Diavik Diamond Mine Solar Plant Construction July 3, 2024
Rio Tinto’s Diavik Diamond Mine has completed installation of its 3.5 MW, 6,620 panel solar power plant in Canada’s Northwest Territories. Construction began in February, contracted to Whitehorse-based Solvest, and the Indigenous-owned Tłıchǫ Investment, with support from Diavik. The facility is set to provide 25% of Diavik’s electricity during closure work, with commercial production expected […]
EnergySage Expands Nationwide July 3, 2024
EnergySage has expanded nationwide, which the company says makes it the first platform of its kind with this footprint. With this move, the company hopes to continue servicing homeowners through its comparison shop platform while also partnering with corporations and non-profits. “Our goal has always been to make clean energy more accessible and affordable for […]
Majority of Americans Support Renewables Despite Decline, Says Pew Research July 2, 2024
A recent Pew Research Center survey, “How Americans View National, Local and Personal Energy Choices,” finds that there’s been a dip in support for wind and solar development since 2020. Per the responses of approximately 8,700 U.S. adults, the share of those who support solar and wind expansion has dropped 12% and 11%, respectively, in […]

New report outlines possibilities of permanent California solar + storage “resilience hubs” July 3, 2024
Power outages are on the rise nationwide as climate change brings more frequent wildfires, heat waves and severe weather events. The Federal Emergency Management Agency (FEMA) and the state of California have both recently established funding to help communities create “resilience hubs” that rely on solar + battery systems to provide emergency power for residents.… […]
Cape Cod distillery ages spirits with help from solar July 3, 2024
Truro Vineyards, a family-owned winery on Cape Cod, partnered with Sunbug Solar, which is now a part of ReVision Energy, to install more than 160 panels on the vineyard’s 4,000-sq-ft distillery warehouse in North Truro, Massachusetts. The solar arrays help South Hollow Spirits, the vineyard’s distillery, maintain an optimal storage temperature of 50 to 60°… […]
Everybody Solar to install 27.8-kW array for West Virginia homeless center July 3, 2024
Covenant House of West Virginia has partnered with Everybody Solar to harness solar power to bring clean, renewable energy to its facility. The planned 27.8-kW solar array will offset 35% of Covenant House’s annual electricity expenses. This project marks Everybody Solar’s first venture into the state of West Virginia, a region historically dependent on coal.… […]