Gamesa unveils cost-cutting plan and new wind turbines

Gamesa presents its Business Plan 2013-2015 today, with the goal of addressing the immediate situation while laying the foundation to emerge stronger, in a position of leadership in the wind industry, through the following strategies and actions (More documentation): recovering and maintaining profitability, reducing fixed and variable costs (structure size and an industrial and procurement … Continue reading Gamesa unveils cost-cutting plan and new wind turbines

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Marubeni acquires interest in a wind energy facility in the US owned by EDF Renewable Energy

Upon completion of this transaction, Marubeni’s total generation capacity, worldwide, will be 30,091MW (gross) and 8,938MW (net). Marubeni Corporation (“Marubeni”) is pleased to announce that it has completed a transaction to acquire an economic interest in a wind power generation project owned by EDF Renewable Energy,  a renewable energy company in the North American market … Continue reading Marubeni acquires interest in a wind energy facility in the US owned by EDF Renewable Energy

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One Millionth Photovoltaic Solar Module Installed at MidAmerican Solar’s Topaz Project by First Solar

Earlier this month, the one millionth solar module was installed at what is the largest solar project under construction in the world. When complete, the 550-megawattAC project will include nearly 9 million photovoltaic (PV) modules. On May 16, the first solar module was installed at Topaz Solar Farms, located in San Luis Obispo County, Calif. … Continue reading One Millionth Photovoltaic Solar Module Installed at MidAmerican Solar’s Topaz Project by First Solar

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Concentrating Solar Power: BrightSource raises $80m of finance, deepens Alstom ties

Concentrating solar-thermal power alone could supply 11.3% of the world’s electricity by 2050. Alstom (Paris:ALO) has invested an additional US$40m in the American company BrightSource Energy, Inc to reinforce its partnership with the pioneering solar power company, which is a leader in the concentrated solar thermal tower technology. Since its initial investment in 2010, Alstom … Continue reading Concentrating Solar Power: BrightSource raises $80m of finance, deepens Alstom ties

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China issues white paper on energy policy

“China’s Energy Policy 2012” was released by the Information Office of the State Council, or China’s Cabinet. The country will actively develop hydropower, solar power and wind energygeneration. The newest edition of a government white paper on China’s energy policy was issued Wednesday, detailing policies regarding energy development, conservation and the promotion of renewable power … Continue reading China issues white paper on energy policy

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US grants offshore wind energy lease for Delaware project

The U.S. Department of Interior (DOI) granted a lease for an offshore wind farm off the coast of Delaware to a unit of U.S. power company NRG Energy. The government issued the first offshore wind lease in 2010 to privately held Cape Wind for its 420-megawatt (MW) wind farm off Cape Cod in Massachusetts. As … Continue reading US grants offshore wind energy lease for Delaware project

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Liberia, India to build solar energy centre

Discussions are underway between India and Liberia to construct a solar energy centre in the West African country, an official said Wednesday. Indian Ambassador to Liberia Anil K. Sharan made the disclosure after presenting his letters of credence to Liberian President Ellen Johnson Sirleaf Wednesday, reported Xinhua. He expressed optimism that this will happen very … Continue reading Liberia, India to build solar energy centre

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EU greenhouse gases in 2011: emissions fall 2.5%

Emissions of greenhouse gases in the European Union (EU) fell on average by 2.5 % from 2010 to 2011, although several countries increased emissions. Almost all European countries are individually on track towards their commitments under the Kyoto Protocol compared to last year, according to two reports published today by the European Environment Agency (EEA). … Continue reading EU greenhouse gases in 2011: emissions fall 2.5%

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Diminishing Incentives Cast Shadow on European Solar Power Markets

New analysis from Frost & Sullivan (http://www.energy.frost.com), European Solar Power Markets, estimates that overall revenues in 2015 will shrink to €6.57 billion, with the European CSP market set to expand from €2,114 million to €5,227 million over 2010-2015. The European photovoltaic (PV) solar market is undergoing a transition as the era of generous subsidies comes … Continue reading Diminishing Incentives Cast Shadow on European Solar Power Markets

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Energy Storage in Asia Pacific

Governments and industries in the Asia Pacific region find themselves struggling to keep pace with new trends in global clean energy development. Due to the diverse applications and benefits of energy storage systems (ESS), most Asia Pacific nations have begun to pay attention to deployments of these systems. Although demand for ESS varies on a … Continue reading Energy Storage in Asia Pacific

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Novatec Solar’s Australian Fuel-Saver Commences Operation

Novatec’s solar boiler has commenced operations at the Liddell Power Station in New South Wales, Australia. The solar boiler acts as a fuel-saver by feeding steam into the existing coal fired power station and reducing the coal required to operate the facility. The Liddell Power Station is owned by Australian utility, Macquarie Generation. The 9.3MWth … Continue reading Novatec Solar’s Australian Fuel-Saver Commences Operation

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China will actively develop hydropower, solar power and wind energy generation

China will make unswerving efforts to develop new and renewable energy to protect ecological environment and achieve sustainable development, according to a white paper released Wednesday. Vigorously developing new and renewable energy is a key strategic measure for promoting the diversified and clean energy development and for fostering new strategic industries, said a white paper … Continue reading China will actively develop hydropower, solar power and wind energy generation

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Each MWh of wind energy provides a higher contribution to GDP in most European countries than other generation technologies

Ernst & Young conducted a study that presents an integrated analysis of the value creation potential of wind power. The study was commissioned by Acciona and EDP Renováveis and compares two energy technologies, Combined Cycle Gas Turbines (CCGT) and wind, to analyze the impacts of microeconomic factors such as direct costs as well as macroeconomic … Continue reading Each MWh of wind energy provides a higher contribution to GDP in most European countries than other generation technologies

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Global Battery Market Forecast to Reach USD$144 Billion in 2016

World demand for primary and secondary batteries is forecast to rise 8.5 percent per year to $144 billion in 2016. Batteries are a fast growing market bolstered by the electronics manufacturing segment as well as expanding output and use of motor vehicles. Business executives seeking consistent economic and market forecasts and interviews with key industry … Continue reading Global Battery Market Forecast to Reach USD$144 Billion in 2016

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IEA: electric vehicles one of the best options for decarbonising the transport sector

Representatives from major auto makers and IEA member countries met in Stuttgart on 19 October for informal discussions on ways to increase the adoption of electric vehicles (EVs) around the world. Organised by the Clean Energy Ministerial’s Electric Vehicle Initiative (EVI), which is chaired by the IEA, the public-private roundtable followed an earlier discussion on … Continue reading IEA: electric vehicles one of the best options for decarbonising the transport sector

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2012 US solar power industry report – Tax incentives in 1603 treasury program boosts growth

The US is one of the biggest solar power markets in the world. In fact solar power is one of the fastest growing sectors of the US energy industry. The recent proposal for the renewal of the tax incentives in the 1603 Treasury program and the completion of some major utility-scale projects have given a … Continue reading 2012 US solar power industry report – Tax incentives in 1603 treasury program boosts growth

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Iberdrola Profit Rises as Global Earnings Offset Drop in Spain

The company cut investment 67 percent in the first nine months of the year and sold assets valued at 300 million euros. Net income rose 12 percent to 2.4 billion euros ($3.1 billion), the company said in a statement today. Earnings before interest, tax, depreciation and amortization were 5.78 billion euros, in line with analyst … Continue reading Iberdrola Profit Rises as Global Earnings Offset Drop in Spain

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