Leading Gulf-based energy firms Masdar and Acwa Power has signed Memorandums of Understanding (MoU) with the Egyptian Electricity Holding Company to develop up to 4 Gigawatts of renewable and natural gas power generation projects in Egypt. As per the deal, Masdar, Abu Dhabi’s multifaceted renewable energy company, would lead development of renewable energy projects. The … Continue reading Masdar, Acwa to build photovoltaic solar power plant in Egypt
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Google, Apple aim to build electric vehicles
Apple has been working on an electric car and is pushing to begin production as early as 2020, people with knowledge of the matter said last month. Google said in January it aims to have a self-driving electric car on the road within five years. “If these two companies intend to solely produce electric … Continue reading Google, Apple aim to build electric vehicles
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Wind power in Egypt: Siemens will supply wind turbines to 2,000 MW
Siemens CEO Joe Kaeser told that the deals were signed Saturday after negotiations with President Abdel-Fattah el-Sissi, “who drove a hard bargain.” “It will create 1,000 jobs and we’re ready to start as soon as possible,” he said. “We’ve been doing business here for over 110 years so we’ve seen crisis come and go… … Continue reading Wind power in Egypt: Siemens will supply wind turbines to 2,000 MW
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Inox to invest further in Indian wind energy market
Inox Wind plans to invest Rs 200 crore by the end of next financial year, with an aim to double its manufacturing capacity to 1,600 MW. The capacity will be expanded from 800 MW at present to 1600 MW in phases over the next financial year, says company resources. In addition, Inox Wind will … Continue reading Inox to invest further in Indian wind energy market
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U.S. envisions a new era for wind power
With utility-scale wind turbines installed in 39 states, wind energy accounts for 4.5 percent of our nation’s annual electricity generation. At this level, wind energy already supports more than 50,000 industry-related jobs in manufacturing, construction, operations and maintenance, and supporting services, all while improving the environment and strengthening our economy. The Wind Vision Report takes … Continue reading U.S. envisions a new era for wind power
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Wind Energy Market to be globally worth $250 Billion in 2020
According to the new report from BCC Research, the global wind energy market was worth $130 billion in 2013 and $165.5 billion in 2014. The market is expected to grow at a compound annual growth rate (CAGR) of 7.2% between 2015 and 2020 resulting in $176.2 billion in 2015 and $250 billion in … Continue reading Wind Energy Market to be globally worth $250 Billion in 2020
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World CO2 emissions stall in 2014, Rising use of renewable energy, particularly in China, helped keep emissions in check
Global energy emissions stayed stable last year even though the economy grew, according to data released Friday that could boost chances for a landmark climate accord later this year. The rising use of renewable energy, particularly in China, played a role in keeping emissions from the energy sector to 32.3 billion tons of carbon dioxide … Continue reading World CO2 emissions stall in 2014, Rising use of renewable energy, particularly in China, helped keep emissions in check
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Nissan, Endesa to tap V2G (vehicle to grid) technology from electric vehicles for use in homes
V2G (vehicle to grid) technology allows both a supply of energy to an electric vehicle and the use of the energy stored in the vehicle for home consumption or for sale onto the grid (in countries where the appropriate regulation is in place). Endesa and Nissan will also work together in other areas such as … Continue reading Nissan, Endesa to tap V2G (vehicle to grid) technology from electric vehicles for use in homes
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Dow signs largest US industrial wind power PPA
Dow has signed a long-term agreement with a new wind farm being developed by a subsidiary of Bordas Wind Energy, a joint venture between MAP and Enerverse in South Texas. The wind farm will be completed in first quarter 2016, supplying Dow’s Freeport Texas Manufacturing facility with 200 MW of wind power annually. The … Continue reading Dow signs largest US industrial wind power PPA
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Brazil taps into solar energy
Brazil is also facing energy issues as electricity prices continue to rise. But the Brazilians are now turning to an power source that’s been around for four and a half billion years: It’s the sun. And thanks to rapid advances in solar panel technology, the country’s future in energy is looking a bit brighter. There … Continue reading Brazil taps into solar energy
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Abengoa closes USD 660 million project financing for Concentrated Solar Power (CSP) Xina Solar One
Concentrated Solar Power (CSP) Xina Solar One will help South Africa meet its ongoing energy demands and contribute to grid stability by serving clean and dispatchable electricity. Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB), the international company that applies innovative technology solutions for sustainability in the energy and environmental sectors, announced today that it has, with … Continue reading Abengoa closes USD 660 million project financing for Concentrated Solar Power (CSP) Xina Solar One
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Vietnam starts 120 MW wind farm in Central Highlands
Vestas Wind Systems A/S, the world’s biggest wind-turbine maker, has signed a deal with Ho Chi Minh City-based Phu Cuong Co. to develop a 170-megawatt wind farm in the Mekong Delta province of Soc Trang. The $436-million project is expected to begin construction in 2016 and start generating power the following year, according to the … Continue reading Vietnam starts 120 MW wind farm in Central Highlands
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Solar power accounted for 32 percent of new capacity in the United States last year, wind energy accounted for 23 percent
Wind power accounted for 23 percent of new capacity, with coal taking a share of less than 1 percent. California saw three concentrated solar power plants come fully online in 2014: the Genesis project in Riverside County and the Ivanpah and Mojave projects in San Bernardino County, collectively accounting for another 767 megawatts of new … Continue reading Solar power accounted for 32 percent of new capacity in the United States last year, wind energy accounted for 23 percent
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ABB Wins Cable System Order for One of the World’s Biggest Wind Power Farms
$130 million order for the Walney Extension Wind Farm off the coast of England, which will be one of the biggest in the world, generating 660 megawatts (MW). ABB, the leading power and automation technology group, has won an order worth around $130 million from DONG Energy, the Danish integrated energy company, to … Continue reading ABB Wins Cable System Order for One of the World’s Biggest Wind Power Farms
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Wind energy in Tanzania: funding for wind farm
Tanzania is in talks with the Export-Import Bank of China (EximBank) for a $132 million loan to fund the country’s first wind power project, the energy ministry said on Thursday. Tanzania, which relies heavily on hydro-electric power, natural gas and fuel oil for electricity generation, wants to add wind and geothermal power to its energy … Continue reading Wind energy in Tanzania: funding for wind farm
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Wind Energy Could Power 35 Percent of U.S. Electricity by 2050
The U.S. Department of Energy believes those numbers can grow a lot more, projecting that wind turbines could supply as much as 35 percent of U.S. electricity by 2050. That is the conclusion of a new report released Thursday by the DOE. “Wind Vision: A New Era for Wind Power in the United States,” draws … Continue reading Wind Energy Could Power 35 Percent of U.S. Electricity by 2050
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Trina Solar to Supply 48 MW of Photovoltaic Solar Power Modules to ACME India
Trina Solar Limited (NYSE: TSL) (“Trina Solar” or the “Company”), a global leader in photovoltaic (“PV”) modules, solutions and services, today announced it has signed an agreement to supply 48MW of solar modules to ACME Cleantech Solutions Ltd.(“ACME”). This new agreement brings the total sales of solar modules to ACME to 70 MW in 2015 … Continue reading Trina Solar to Supply 48 MW of Photovoltaic Solar Power Modules to ACME India
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The Wide World of Small Hydro
The development potential of small hydropower worldwide has been estimated to be 173GW, and while Africa, Asia and Latin America show the greatest potential, plants in Europe can also offer a significant contribution to domestic electricity systems, responding to sustainability, distributed generation and energy security needs. The path towards green energy development is not limited … Continue reading The Wide World of Small Hydro
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Wind energy can become one of America’s top electricity sources
Industry leaders stand ready to meet report’s goals, with U.S. reaping benefits of bold new vision for wind power growth. Leaders of the U.S. wind energy industry said their companies and workers can deliver on a bold new vision for wind power to double in America over the next five years and ultimately become … Continue reading Wind energy can become one of America’s top electricity sources
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Siemens launches offshore wind turbines of 7MW
Siemens announced the launch of its new flagship offshore wind turbine, which it says generates nearly 10 percent more power annually than its predecessor. The new wind turbine of seven megawatt (MW), called SWT-7.0-154, was presented at the ongoing EWEA Offshore 2015 conference that opened Tuesday in Copenhagen. Siemens has added stronger permanent magnets … Continue reading Siemens launches offshore wind turbines of 7MW
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