The balance of projects funded is largely rooftop photovoltaic systems.
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SunPower will lease the photovoltaic systems to Citi and Credit Suisse, which in turn will sublease the solar arrays to homeowners, according to SunPower chief financial officer Charles Boynton.
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SolarCity, which has said it plans to go public and has filed a confidential IPO registration statement, will install, own and maintain the solar arrays, financing the projects through debt-equity funds it taps to pay for panels for customers who lease their photovoltaic systems.
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Recently, Texas businesses signed six agreements worth half a billion dollars in exports to China, including cotton, crystalline silicon solar cells and photovoltaic generation systems.
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Last week GT Solar ( SOLR), a global provider of polysilicon production technology, crystalline ingot growth systems and related photovoltaic manufacturing services for the solar industry, announced that it had acquired privately-held Crystal Systems.
If, on the one hand, you've got biofuels which represent only a half a percent conversion of sunlight, and let's say you've got photovoltaic cells and concentrated solar power systems, the efficiency of solar in terms of pure conversion is 50-100 times greater.
Also concealed: The lengths to which the team went to integrate eco systems radiant floors, photovoltaic panels and rainwater collection into the design.
Suntech Power designs, develops, manufactures, and markets photovoltaic products and also provides engineering and construction services for building solar power systems.
Distributed generation ( DG) generally refers to renewable energy systems of less than 20 megawatts (MW), often rooftop solar photovoltaic (PV) arrays, installed close to load and existing transmission.
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Utility-scale concentrating solar power (CSP) systems that produce electricity using lenses or mirrors to focus radiation on thermal collectors or photovoltaic cells draw criticism from environmental groups for taking up too much desert land, thus displacing certain animal and reptile species.
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His family's Pittie Enterprises group has tied up with two U.S. firms, SunPower Corp. to make and market cells, and American Sunco to develop tracking systems which ensure maximum sunlight for the U.S. partner's solar thermal and photovoltaic modules.
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