Experts and leaders from across Latin America and the Caribbean gathered in San Jose, Costa Rica today to increase the development of solar thermal energy in the region. The two-day forum, co-organized by the International Renewable Energy Agency (IRENA), the Latin America Energy Organization (OLADE), the Costa Rican Electricity Institute (ICE), and the German Metrology … Continue reading Solar Thermal Energy Potential in Latin America and the Caribbean
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Building Energy wins its first solar power project in Egypt
Building Energy, an Italian independent power producer from renewable sources, announces the signing of a MoU with the New & Renewable Energy Authority (NREA) for two 50 MW photovoltaic plants in Benban, Upper Egypt. The 200-million-dollar project was awarded by the New & Renewable Energy Authority of the Ministry of Electricity & Renewable Energy of … Continue reading Building Energy wins its first solar power project in Egypt
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Five solar energy projects initiated in Sindh
Five solar energy projects with capacity of twenty megawatts of electricity each have been initiated in Sindh. Official sources in Sindh government told our Karachi correspondent Altaf Pirzado that the projects have been launched in Thatta, Benazirabad, Sukkur, Jamshoro and Larkana districts. Meanwhile, over sixteen billion rupees have been earmarked for energy projects in … Continue reading Five solar energy projects initiated in Sindh
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A Catholic’s perspective on wind power in light of the Pope’s encyclical
Pope Francis’s groundbreaking encyclical addressing climate change takes its name, Laudato Si’ (or “Praised Be” in English), from St. Francis’s Canticle of Creation. In it, St. Francis sees himself as kin with all of God’s creation. Brother Sun and Sister Moon may have received top billing in the 1972 movie about the saint’s life, but … Continue reading A Catholic’s perspective on wind power in light of the Pope’s encyclical
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OPIC to Support 20 MW Jamaican Photovoltaic Solar Energy Plant
The Overseas Private Investment Corporation (OPIC), the U.S. Government’s Development Finance Institution, today signed a financing agreement with Content Solar Ltd., solidifying a $47 million OPIC loan to support a 20 megawatt grid-connected solar photovoltaic facility in Clarendon, Jamaica. The project is being developed by Tampa, Fla.-based WRB Enterprises (WRB). WRB will be the first … Continue reading OPIC to Support 20 MW Jamaican Photovoltaic Solar Energy Plant
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World Bank supporting solar energy projects in Jordan
The Multilateral Investment Guarantee Agency (MIGA), the political risk insurance and credit enhancement arm of the World Bank Group, is backing the development, construction and operation of four solar power projects in Jordan, adding 50 megawatts of clean, renewable energy generation capacity to the country’s grid. The plants in Maan and Mafraq benefit from … Continue reading World Bank supporting solar energy projects in Jordan
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Japan to Invest $20 Billion in Indian Solar Power
India’s plans to massively scale up solar power generation have got a big boost with a planned $20 billion investment by Japan’s SoftBank. With two times the sunshine and half the cost of construction of a solar park compared to Japan, Corporation head Masayoshi Son said India could become a world leader in solar … Continue reading Japan to Invest $20 Billion in Indian Solar Power
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The future of Concentrated Solar Power in China
China-U.S. collaboration on solar thermal power generation, also known as Concentrating Solar Power (CSP), has been underway for some time. As the world’s two largest economies, energy consumers and emitters of greenhouse gases, the U.S. and China are uniquely positioned to cooperate – on policies, programs and technologies – in a way that can mutually … Continue reading The future of Concentrated Solar Power in China
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DTE Energy to install Detroit’s first solar power trash compactors
DTE Energy will install smart, solar-powered trash compactor and recycling units in its downtown Detroit neighborhood to help make the city cleaner and greener. The Bigbelly units, the first solar-generated compactors in the city of Detroit, are expected to arrive this summer. DTE will install seven of the units which collect and compact trash on … Continue reading DTE Energy to install Detroit’s first solar power trash compactors
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Senegal embraces solar energy
Following the lifting of a law that banned solar power in Senegalese cities, the grassroots sector is partnering with the government to implement the renewable-energy source nationwide, starting first with areas not already connected to the national electric grid. The government is working on a project to turn 14,000 traditional rural villages into eco villages … Continue reading Senegal embraces solar energy
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Japan prepares rules to recycle photovoltaic panels
Japan is drafting rules to recycle solar photovoltaic modules. The country foresees vast growth in solar deployment under its feed-in tariff (FiT) system; and by 2040 most modules installed at the beginning of the FiT regime in 2012 will be decommissioned. Going by estimates provided by a working group that Japan’s ministry of environment … Continue reading Japan prepares rules to recycle photovoltaic panels
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50% renewable energies possible in Europe by 2030 with greater integration
Greater integration of Central Western European (CWE region) power systems can significantly help cut costs in balancing out weather- and renewable energy-related electricity fluctuations, while reducing demands on other parts of the system. By 2030 around half of all electricity in Europe should come from renewable energies in order to reach EU climate targets. This … Continue reading 50% renewable energies possible in Europe by 2030 with greater integration
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Google building next data center at Alabama power plant site
Google is converting an old coal-burning power plant in Alabama into a sleek data center running on renewable energy to fuel the additional computing capacity needed to process Internet search requests, show digital video, give directions, deliver email and store photos. The $600 million project announced Wednesday marks Google’s first commitment in eight … Continue reading Google building next data center at Alabama power plant site
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USTDA strengthens support for geothermal energy development in Turkey
This week, the U.S. Trade and Development Agency awarded a grant to Turcas BM Kuyucak Jeotermal Elektrik Üretim A. ?. (TBK), a Turkish joint venture owned primarily by BM Holding and Turcas Energy Holding. The grant funds a feasibility study that will evaluate the technical and financial specifications for a geothermal energy project designed to … Continue reading USTDA strengthens support for geothermal energy development in Turkey
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First Solar to supply photovoltaic (PV) modules for 200 MW solar energy project in Dubai
US-based First Solar has won a contract to supply photovoltaic (PV) modules for the 200MW second phase of the Mohammed bin Rashid Al Maktoum solar park in Dubai, UAE. First Solar will deliver more than 2.36 million PV modules for phase two of the project. The company had earlier supplied 152,880 panels with … Continue reading First Solar to supply photovoltaic (PV) modules for 200 MW solar energy project in Dubai
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Russia’s renewable energy policy
In 2013, Russia implemented an incentive system for renewable energy sources that is based on the wholesale electricity capacity mechanism. It is intended to increase the share of renewable energy in the country’s energy production. Doctoral thesis in strategic finance completed at Lappeenranta University of Technology (LUT) demonstrates that the incentive system can make renewable … Continue reading Russia’s renewable energy policy
Continue readingIFC promotes financing for renewable energy projects in Egypt
IFC, a member of the World Bank Group, and the Egyptian Banking Institute co-hosted a workshop in Cairo to highlight the investment opportunities emerging in Egypt in renewable energy, promote financing for such projects and encourage best practice in the field. The pioneering one-day training session, supported by the Danish Government and held in … Continue reading IFC promotes financing for renewable energy projects in Egypt
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SoftBank in 20 gigawatts through solar power and wind energy in India
Japan’s SoftBank will team up with Taiwan’s Foxconn and Bharti Enterprises to invest $20 billion in solar power projects in India, as the country ramps up its clean energy sector, the companies announced Monday. Mobile phone operator SoftBank said the venture aimed to generate 20 gigawatts of energy through solar and wind power plants across … Continue reading SoftBank in 20 gigawatts through solar power and wind energy in India
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NRG Renew to Develop 20 MW Solar Energy Facility for Cisco
NRG Renew LLC, a wholly owned subsidiary of NRG Energy, Inc. (NYSE:NRG), the country’s largest independent power producer, announced plans to develop a 20 megawatt (MW) solar energy facility that will generate clean, reliable solar power for delivery to Cisco’s San Jose headquarters. NRG Renew LLC will convert its NRG Solar Blythe II location, which … Continue reading NRG Renew to Develop 20 MW Solar Energy Facility for Cisco
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Concentrated Solar Power (CSP) in 2014 grew 27% to 4.4 GW
The Concentrated Solar Power (CSP) market remains less established than most other renewable energy markets. Nonetheless, the sector continued its near-decade of strong growth with total capacity increasing 27% to 4.4 GW. Although parabolic trough plants continued to represent the bulk of existing capacity, 2014 was notable for the diversification of technologies in operation, with … Continue reading Concentrated Solar Power (CSP) in 2014 grew 27% to 4.4 GW
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