U.S. investors will help finance a $480 million solar power project in Myanmar’s northeastern Mandalay region, which will ultimately provide up to 12 percent of the country’s power generation, the U.S. Trade Representative and an investment manager said on Thursday. Under an agreement between U.S.-based ACO Investment Group and the Ministry of Electric Power, two 150-megawatt solar plants … Continue reading Solar power project planned for Myanmar
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Acciona Windpower wins 54 MW Brazil wind energy order
Acciona Windpower has signed a 54M W supply deal in Brazil, and said it is close to clinching another 117 MW in the South American country. The 54MW order – Acciona’s seventh in Brazil – is for 18 of its AW125/3000 wind turbines on 120-metre concrete towers. The wind turbines will go to the Santa … Continue reading Acciona Windpower wins 54 MW Brazil wind energy order
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SunWize installs Independent Samoa’s largest solar energy system
SunWize Technologies, Inc., a leading provider of sustainable energy solutions, today announced that it completed the installation of a 546 kW solar electric system for the Independent State of Samoa. The project with Samoa’s power utility, Electric Power Corporation (EPC), is the country’s largest, reducing Samoa’s reliance on imported fossil fuels. “For too long we … Continue reading SunWize installs Independent Samoa’s largest solar energy system
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Westermeerwind wind farm reaches financial close, Netherlands
The 144MW Westermeerwind wind farm in the north east polder of the Netherlands has achieved financial close. Mott MacDonald is lenders’ technical advisor to ING Bank N.V. and Eksport Kredit Fonden for the project, which requires a total investment of over €400 million of which €320 million will be funded by lenders. Westermeerwind wind farm … Continue reading Westermeerwind wind farm reaches financial close, Netherlands
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Chile launches its biggest wind farm
Chile has inaugurated its biggest ever wind farm as part of its bid to wean itself off fossil fuels and tap its massive potential for renewable energy. The El Arrayan wind farm is located on a coastal hillside 400km (250 miles) north of the capital Santiago. Built at a cost of $300m (£180m), it consists … Continue reading Chile launches its biggest wind farm
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Wind Power Can Improve Resiliency of Electrical Grids
Today, at the CIGRE Session 45 in Paris, GE’s Energy Consulting business (NYSE: GE) presented the findings of its frequency response study on wind power and grid resiliency. The study, which was sponsored by the U.S. National Renewable Energy Laboratory, modeled the country’s Eastern Interconnection—one of the largest electrical systems in the world—and determined that … Continue reading Wind Power Can Improve Resiliency of Electrical Grids
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GE Connects Colombia, Chile and Peru Electricity Grids
Interconexión Eléctrica S.A. E.S.P. (ISA), one of South America’s largest utility companies has agreed to work with GE’s Digital Energy business (NYSE: GE) to deliver power to some of the most isolated regions in Colombia, Chile and Peru. ISA will enhance its power transmission capabilities in Colombia by replacing aging equipment and install new high … Continue reading GE Connects Colombia, Chile and Peru Electricity Grids
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Geothermal Energy Approaches 12,000 Megawatts Worldwide
In 2013, world geothermal power electricity-generating capacity grew 3 percent to top 11,700 megawatts across 24 countries. Although some other renewable energy technologies are seeing much faster growth—wind power has expanded 21 percent per year since 2008, for example, while solar power has grown at a blistering 53 percent annual rate—this was geothermal’s best year … Continue reading Geothermal Energy Approaches 12,000 Megawatts Worldwide
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SCHOTT Solar Concentrated Solar Power (CSP) Repositions its Receiver Production
SCHOTT Solar CSP GmbH will be reorganizing its production setup for Concentrated Solar Power receivers. SCHOTT Solar CSP GmbH will be reorganizing its production setup for Concentrated Solar Power receivers. Focus shifts to the glass-metal sealings and R&D in Mitterteich, whereas the receiver production will continue in Spain SCHOTT Solar CSP GmbH will be … Continue reading SCHOTT Solar Concentrated Solar Power (CSP) Repositions its Receiver Production
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GE Celebrates Wind Energy Milestones in Brazil
GE (NYSE: GE) announced today it has achieved a total installed capacity of 1 gigawatt (GW) of wind energy in Brazil. During the first half of 2014, GE connected 381 wind turbines to the grid in Brazil, providing 600 megawatts (MW) of capacity to the country. In one week alone, GE connected 184 of these … Continue reading GE Celebrates Wind Energy Milestones in Brazil
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Banco Interacciones and Envision Energy Sign Mou to Pursue Wind Power Projects in Mexico
Banco Interacciones (Interacciones), a subsidiary of Grupo Financiero Interacciones and Envision Energy (Envision), the Shanghai-based world leader in smart wind power and renewable energy, have signed a memorandum of understanding (“MOU”) to jointly carry out exploration, structuring and the pursuit and/ or installation of renewable energy projects in Mexico. Under the MOU, Envision and Interacciones … Continue reading Banco Interacciones and Envision Energy Sign Mou to Pursue Wind Power Projects in Mexico
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In France, 10,000 euros to switch to electric vehicles
France currently grants new car buyers a credit of 6,300 euros ($8,400) if they purchase an electric vehicle. But if a new bill submitted to Parliament by France’s Minister for Ecology, Sustainable Development and Energy is approved, customers will be eligible for an additional bonus of 10,000 euros if they switch from a diesel powered vehicle to an … Continue reading In France, 10,000 euros to switch to electric vehicles
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In a Boost for Plug-in and Fuel Cell Vehicles, China Waives 10% Vehicle Sales Tax and Issues a 30% Government Procurement Mandate
China has announced two major policies that will boost sales of what it terms “new-energy vehicles” in the country, which primarily refer to electric vehicles (EVs), plug-in hybrids (PHEVs), and fuel cell vehicles (FCVs). Starting in September 2014, a 10% sales tax on new-energy vehicles will be waived through the end of 2017. The 10% … Continue reading In a Boost for Plug-in and Fuel Cell Vehicles, China Waives 10% Vehicle Sales Tax and Issues a 30% Government Procurement Mandate
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Photovoltaic (PV) Market will grow to 65.6 GW in 2019, led by China
After most of the solar industry spent 2012 mired in a competitive, bankruptcy-laden, high-pressure cost environment, 2013 proved to be a rebound year. Module supplier margins increased, with most tier-1 suppliers topping 10% towards the end of the year and early 2014 despite oversupply remaining somewhat rampant. Globally, 37.5 GWp of new installations were deployed … Continue reading Photovoltaic (PV) Market will grow to 65.6 GW in 2019, led by China
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Gamesa installing 220 MW of new wind farm capacity in India
Over 220 MW of new wind energy capacity will be installed by Gamesa in the Indian states of Madhya Pradesh, Rajasthan, and Karnataka, as per a recent agreement between the wind energy company and three large independent regional power producers. The new capacity will be made up of 110 of the company’s G97 2.0 MW … Continue reading Gamesa installing 220 MW of new wind farm capacity in India
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Siemens secures Export-Import Bank financing for wind turbines
The Export-Import Bank of the United States announced Monday it has authorized a pair of direct loans to two wind power projects in Peru using wind turbines manufactured by Siemens Energy Inc. in Hutchinson and Fort Madison, Iowa. The nearly $65 million in financing represents Ex-Im Bank’s first renewable-energy transactions in Peru and will support … Continue reading Siemens secures Export-Import Bank financing for wind turbines
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Complete Independence from Energy Generated from Fossil Fuels is Possible
Professor Henrik Lund, of Aalborg University, believes that a system based 100 per cent on renewable energy is a viable option and could be achieved by 2050 in Denmark. Renewable energy systems (RES) planning can also be successfully applied to other countries worldwide. During his extremely well attended plenary lecture at CHISA, the 21st International … Continue reading Complete Independence from Energy Generated from Fossil Fuels is Possible
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DNV GL recommends new practices for offshore HDVC wind power projects
Growing number of offshore wind farms being built farther from shore increase need for reliable measures for the use of HVDC transmission systems DNV GL’s new recommended practice on technology qualification of offshore HVDC technologies provides a means for managing technology risks and facilitating a faster, more efficient and more reliable deployment of offshore HVDC … Continue reading DNV GL recommends new practices for offshore HDVC wind power projects
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Optical inspection for Concentrated Solar Power (CSP) of TSK
The system is a quick and accurate way to increase perform for parabolic trough Concentrated Solar Power plants. TSK has developed an extensive optical system to test and assess parabolic collectors that could be faulty. The system developed by TSK and Prodintec is based on a reverse approach to how the parabolic torugh works. Instead … Continue reading Optical inspection for Concentrated Solar Power (CSP) of TSK
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Global Offshore Wind Turbines and Foundations
The annual investment in global offshore wind turbines, foundations and balance of plant was worth an estimated $8 billion in 2013. The global offshore wind energy market registered substantial growth between 2006 and 2013. Offshore wind energy installed capacity increased at a Compound Annual Growth Rate (CAGR) of 33.9%, from 0.9 Gigawatts (GW) in 2006 … Continue reading Global Offshore Wind Turbines and Foundations
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