The International Finance Corporation (IFC) has signed an agreement with the Zambian government for the development of two solar power projects. The IFC, a member of the World Bank Group, has signed the agreement with the Industrial Development Corporation (IDC), a Zambian government agency responsible for development projects, for the development of two 50 … Continue reading IFC and Zambia sign deal to develop two solar power projects
Continue readingMonthly Archives: July 2015
Vattenfall to Build Wind Farm in Northeastern England
Vattenfall, the Swedish energy company, has confirmed today (23 July, 2015) plans to start generating low carbon electricity from a Northumbrian wind farm in early 2017. As preparatory works on the 16-turbine Ray Wind Farm near Kirkwhelpington start later this month so does engagement with local residents on the best way to invest a … Continue reading Vattenfall to Build Wind Farm in Northeastern England
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Business leaders speak out against threat to renewable and energy efficiency policies in North Carolina
North Carolina has built a strong foundation of clean energy policies that date back almost 10 years, but they’ve been under attack during this year’s legislative session. Things came to a head with a controversial vote regarding the state’s Renewable Energy and Energy Efficiency Portfolio Standard (REPS) that was taken right before the Memorial Day … Continue reading Business leaders speak out against threat to renewable and energy efficiency policies in North Carolina
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Wind energy in Uruguay: Florida II wind farm with 15 Vestas wind turbines receives financing
Uruguay’s wind farm project Florida II has received project financing for US$78.5mn. KfW Ipex-Bank is providing all of the project’s construction and long-term financing facilities. The long-term loan is partly covered by a guarantee from Denmark’s export credit agency Eksport Kredit Fonden (EKF). French renewable energy project producer Akuo Energy and Eurus Energy America, … Continue reading Wind energy in Uruguay: Florida II wind farm with 15 Vestas wind turbines receives financing
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Life cycle assessments for electric vehicles
The German Aerospace Center (Deutsches Zentrum für Luft- und Raumfahrt; DLR) teamed up with the Wuppertal Institute for Climate, Environment and Energy (Wuppertal Institut für Klima, Umwelt, Energie GmbH; WI) in the STROMbegleitung (electricity evaluation) study to analyse technologies, outlook and life-cycle assessments for electrically-powered transport. The study comprehensively charts current progress in technology, identifies … Continue reading Life cycle assessments for electric vehicles
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Renewable Energy in Pacific Island Countries and Territories
In an ongoing effort to solve the region’s significant energy challenges, Pacific Island countries and territories and development partners are meeting this week (July 21 to 23) in Honolulu to share experiences on increasing the use of renewable energy. Key speakers will discuss comprehensive approaches to energy sector transformation, including the importance of enabling legal … Continue reading Renewable Energy in Pacific Island Countries and Territories
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Wind energy in Vietnam: New wind farm with 12 wind turbines
The first phase of construction of the Phu Lac wind power plant began on Tuesday in Tuy Phong district in the south-central coastal province of Binh Thuan. During this first phase, the project will install 12 wind turbines with a combined capacity of 24MW, with total investment capital of VND1.1 trillion (US$50.4 million). This … Continue reading Wind energy in Vietnam: New wind farm with 12 wind turbines
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Amazon calls for extension of wind energy tax incentives
In making the announcement that it would buy power from the first wind farm in North Carolina, Amazon called for the extension of renewable energy tax incentives that are currently moving through Congress. Yesterday, Congress also took a step in the right direction when the U.S. Senate Finance Committee voted 23-3 to extend the primary federal … Continue reading Amazon calls for extension of wind energy tax incentives
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American wind power continues to ramp up in 2015 with 1,661 megawatts (MW) of newly installed wind turbines
With 1,661 megawatts (MW) of newly installed wind turbines coming online during the second quarter of 2015 and more than 13,600 MW under construction, American wind power continues to increase its contribution to the U.S. electric power grid. The approval in May of Florida’s first purchase of wind energy, from a wind project in Oklahoma, … Continue reading American wind power continues to ramp up in 2015 with 1,661 megawatts (MW) of newly installed wind turbines
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UK to Remain Top Offshore Wind Power Market by 2025, with Capacity Exceeding 23 Gigawatts
The UK will remain the leading offshore wind power market globally by 2025, with its installed capacity increasing from 4.5 Gigawatts (GW) in 2014 to 23.2 GW by the end of the forecast period, representing an impressive Compound Annual Growth Rate (CAGR) of 30.5%, says research and consulting firm GlobalData. UK accounted for a significant … Continue reading UK to Remain Top Offshore Wind Power Market by 2025, with Capacity Exceeding 23 Gigawatts
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India wind energy: Vestas wind turbines for a wind farm
Vestas has received a firm and unconditional order for 23 V110-2.0 MW wind turbines for a wind power plant in the Indian State of Karnataka. The project, which is expected to power approximately 100,000 Indian households, includes a 15-year Active Output Management (AOM) 5000 service contract, in which Vestas guarantees a defined level of … Continue reading India wind energy: Vestas wind turbines for a wind farm
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Geostellar awarded patent for solar energy big data breakthrough
Geostellar, the nation’s first and largest online solar energy marketplace, today announced it has patented an invention for programmatically placing solar panels on rooftops or tracts of land in a 3D virtual world and simulating production over a typical meteorological year based on shading, slope and orientation. The invention forms the basis for Geostellar’s instant … Continue reading Geostellar awarded patent for solar energy big data breakthrough
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USTDA partners with Nigerian renewable energy company on solar power project
Today, during Nigerian President Muhammadu Buhari’s visit to the United States, the U.S. Trade and Development Agency provided a grant to Quaint Global Energy Solutions for a solar power project they are developing in northern Nigeria. “This project is a great example of how the U.S. and Nigeria are working together to increase electricity access … Continue reading USTDA partners with Nigerian renewable energy company on solar power project
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China’s largest concentrated solar power tower plant starts construction with 200 MW
Construction has begun on China’s largest concentrated solar power tower plant in the northwestern province of Qinghai. Occupying 2,550 hectares of the Gobi Desert in Golmud City, the CSP plant will have an installed capacity of 200 megawatts, and be capable of supplying electricity to 1 million households, according to Qinghai Solar-Thermal Power Group. … Continue reading China’s largest concentrated solar power tower plant starts construction with 200 MW
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India wind power: 125 wind turbines supplied by Gamesa for 250 MW of wind energy to Orange
Gamesa will install 125 of its G97-2.0 MW Class S wind turbines at three wind farms located in the states of Andhra Pradesh and Madhya Pradesh. Gamesa has bolstered its position in India having received a new order for the supply of 250 MW to Orange, one of India’s leading independent power producers (IPP). The … Continue reading India wind power: 125 wind turbines supplied by Gamesa for 250 MW of wind energy to Orange
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Cambodia Has Big Renewable Energy Potential
Energy is a basic human need that must be fulfilled to achieve sustainable development. This kind of development is not possible without energy and policies to meet energy demand. In Cambodia, energy is a critical development challenge. Today, only 35 percent of the total population has access to grid electricity, leaving millions of rural … Continue reading Cambodia Has Big Renewable Energy Potential
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Hewlett-Packard in wind power deal with SunEdison in Texas
The agreement, which is enough to fully power HP’s Texas-based data center operations, will allow the company to meet reductions of greenhouse-gas emissions by the end of HP’s 2015 fiscal year – five years ahead of schedule. HP currently operates Texas-based data centers in Houston, Hockley, Plano and two in Austin. As part of … Continue reading Hewlett-Packard in wind power deal with SunEdison in Texas
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By 2014, solar power capacity reached 28.05 gigawatts in China
By 2014, solar power capacity reached 28.05 gigawatts, 400 times higher than in 2005, and today the administration plans to increase that amount by about 100 gigawatts to be reached in 2020. Over 600,000 people today have access to solar energy thanks to a $ 644 million investment made by the Chinese government for … Continue reading By 2014, solar power capacity reached 28.05 gigawatts in China
Continue readingKKR Acquires an 80% Stake in Gestamp Solar
KKR a leading global investor, has reached a definitive agreement to acquire from Gestamp Renewables an 80% stake in Gestamp Asetym Solar, S.L. (“Gestamp Solar”), a premier global solar PV developer and operator. The investment is funded by KKR Global Infrastructure Investors II, a $3.1 billion global fund. The transaction values Gestamp Solar at a … Continue reading KKR Acquires an 80% Stake in Gestamp Solar
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Annual Revenue from Global Solar Energy Photovoltaic (PV) Installations Is Expected to Surpass $151 Billion in 2024
A new report from Navigant Research examines the market for solar photovoltaic (PV), including forecasts for capacity and revenue, segmented by region and country, through 2024. Following years of module oversupply and artificially low pricing, solar PV is expected to soon shift from a high-cost, subsidized source of energy to a growing market with the … Continue reading Annual Revenue from Global Solar Energy Photovoltaic (PV) Installations Is Expected to Surpass $151 Billion in 2024
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