Solar energy topped 100,000 megawatts in 2012

The world installed 31,100 megawatts of solar photovoltaics (PV) in 2012—an all-time annual high that pushed global PV capacity above 100,000 megawatts.   There is now enough PV operating to meet the household electricity needs of nearly 70 million people at the European level of use. While PV production has become increasingly concentrated in one … Continue reading Solar energy topped 100,000 megawatts in 2012

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ABB and Baldor wind turbine technology recognized at new SWiFT facility in Texas

The Department of Energy (DOE), Sandia National Laboratories (SNL), National Wind Institute of Texas Tech University (NWI/TTU), and Group NIRE (NIRE) formally commissioned the SWiFT (Scaled Wind Farm Technology) test facility on July 9th in Lubbock, Texas. ABB was invited to attend the special event, and was recognized as among the companies that provided key … Continue reading ABB and Baldor wind turbine technology recognized at new SWiFT facility in Texas

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U.S. helps develop wind energy in Vietnam

The U.S. Trade and Development Agency (USTDA) has approved nearly 288,000 U.S. dollars in non-refundable Official Development Assistance (ODA) for a technical assistance project to develop wind power in Vietnam from now until August 2014. The project will contribute to evaluating the effect of integrating the wind power into the national electricity grid, defining the … Continue reading U.S. helps develop wind energy in Vietnam

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Despite prioritization by China’s government, the country’s Electric Vehicle industry does not seem to be on track to meet its targets

Over the past 30 years, China’s rapid economic growth and industry development have been driven in large part by specific national plans that set very ambitious targets for certain industries. The electric vehicle (EV) industry is no exception. Yet even with prioritization by the central government, the EV industry does not seem to be on … Continue reading Despite prioritization by China’s government, the country’s Electric Vehicle industry does not seem to be on track to meet its targets

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New Worldwatch Study reveals Solar and Wind continue to dominate investment in new renewable capacity

Solar and wind continue to dominate investment in new renewable capacity. Global use of solar and wind energy grew significantly in 2012. Solar power consumption increased by 58 percent, to 93 terrawatt-hours (TWh), while wind power increased by 18.1 percent, to 521.3 TWh. Global investment in solar energy in 2012 was $140.4 billion, an 11 … Continue reading New Worldwatch Study reveals Solar and Wind continue to dominate investment in new renewable capacity

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The right’s anti-wind energy campaign is pure scaremongering

Climate change is a debacle for the Australian right. Their tribal hatred of environmentalists has driven them to denounce any technology favoured by their enemies. Tony Abbott’s quip that emissions trading schemes represent “a so-called market in invisible stuff” has been rightly derided as a dog-whistle to climate denialists, unsuccessful only in that it was … Continue reading The right’s anti-wind energy campaign is pure scaremongering

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Xcel Energy plans to grow wind power by 30 percent

Xcel Energy, already the country’s top wind energy provider, proposes to significantly expand its wind power production to reduce customer costs, protect against rising and volatile fuel prices, and benefit the environment. The move is made possible by extremely competitive prices and the extended federal Production Tax Credit. “Wind energy is a valuable, low-cost substitute … Continue reading Xcel Energy plans to grow wind power by 30 percent

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Enercon: Rotor sail ship E-Ship 1 saves up to 25% fuel

The rotor sails on the ENERCON-developed E-ship 1 allow operational fuel savings of up to 25% compared to same-sized conventional freight vessels. These are the results of the analysis of the comprehensive measurement data compiled during numerous voyages through various waters around the globe in conjunction with a project supported by the Deutsche Bundesstiftung Umwelt … Continue reading Enercon: Rotor sail ship E-Ship 1 saves up to 25% fuel

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Acciona first-half net profit falls by 40% to 48 million euros

Revenues fell by 2.8%, to €3,255 billion, and EBITDA was down 3.2% to €655 million Changes to renewable energy regulation in Spain led to a 43.2% fall in the energy division’s pre-tax profit to €58 million Capital expenditure totaled €226 million, 33.8% less than in the first half of 2012 ACCIONA ended the first half … Continue reading Acciona first-half net profit falls by 40% to 48 million euros

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E.ON Climate & Renewables closes financing for Anacacho Wind Farm

E.ON Climate & Renewables (EC&R) North America announced today it has secured institutional equity financing for approximately $76.6 million and a commitment to fund further capital contributions from JPM Capital Corporation (J.P. Morgan) in exchange for a partial interest in EC&R’s Anacacho Wind Farm. “We’re delighted to build on our relationship with a first-class financial … Continue reading E.ON Climate & Renewables closes financing for Anacacho Wind Farm

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Japanese car makers to increase charging stations for electric vehicles

With the increase of electric vehicles on the road, drivers are also in need of accessible chargers for their electric cars. Led by Nissan Motor Co., other Japanese car makers – Honda, Mitsubishi, and Toyota – have agreed to collaborate on a project that will increase the number of electric car charges in the country, … Continue reading Japanese car makers to increase charging stations for electric vehicles

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BMW Launches First Mass-Production Electric Car

The BMW Group debuted the series version of its innovative electric vehicle, the BMW i3, simultaneously in New York, London and Beijing on Monday. “Innovation drives change. The i3 is more than just a car. It’s a revolutionary step towards sustainable mobility. It is purpose-built around an electric power train to serve the needs of … Continue reading BMW Launches First Mass-Production Electric Car

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New energy policy from European Investment Bank welcomed

After a meeting last week in Luxembourg, the board of the European Investment Bank (EIB) changed its energy lending policy. The EU’s main lending arm said it would stop financing most coal-fired power stations to help reduce pollution and meet climate targets, and devote 90% of its lending to clean energy. In a press release, … Continue reading New energy policy from European Investment Bank welcomed

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Balfour Beatty consortium preferred bidder for offshore wind farm

Balfour Beatty has been appointed preferred bidder for the transmission assets of the Gwynt y Môr offshore wind farm project. The wind power project – which is located off the north coast of Wales – is part of the Offshore Transmission Owners regulatory regime. Gwynt y Môr has an indicative transfer value of £346m. Balfour … Continue reading Balfour Beatty consortium preferred bidder for offshore wind farm

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Xcel Energy files 2014 Renewable Energy plan

Xcel Energy will seek to continue its incentive programs for on-site solar for Colorado next year, as the company makes progress toward meeting the state’s renewable energy standard while offering its customers energy choices. In filing its 2014 Renewable Energy Standard (RES) compliance plan with the Colorado Public Utilities Commission (CPUC), Xcel Energy indicated that … Continue reading Xcel Energy files 2014 Renewable Energy plan

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