Abu Dhabi National Energy Company PJSC (ABD:TAQA) is a United Arab Emirates-based wholly-owned subsidiary of Abu Dhabi Water and Electricity Authority, headquartered in Abu Dhabi. The purpose of the company is to own and invest in businesses who are engaged in power production, water desalination and development, production and storage of oil and gas, in addition to other investments as considered…

Southern California Edison recently signed a power purchase agreement with eSolar, engineers of scalable solar thermal power plants, to construct 245 megawatts (MW) of concentrating solar power (CSP) manufacturing units throughout So Cal. eSolar has received $130 million in new investment funds from technology giant, Google, as well as other eager venture capitalists to apply toward construction of this mega-scale solar tower project. The development will be built…

Sunpower (Nasdaq: SPWR), a solar photovoltaic engineering company based in California, stock shares plummeted by more than 2 percent following the company’s report of unexpected losses in its first quarter. Revenue dropped a staggering 22 percent to $213.8M from the previous quarter and recorded net loss totals $4.79M, or $0.06 per share. The company has scratched its expected income for 2009 and is now projecting…

In this rapidly accelerating renewable energy industry, growth stocks are becoming a savior of sorts for investors in the otherwise stagnant stock market. However, these growth stocks are somewhat unpredictable in the market; venture capitalists quickly invest lofty amounts of cash into these growing stocks, but any slight chance of slowdown will cause these investors to pull their cash and run. The most important research in determining which stocks are the most beneficial for long-term…