Vestas commits to investing EUR 10 million to launch V112-3.0 MW blade production at its Taranto, Italy, blades factory and to offering employment opportunities for a number of nacelles plant employee. Vestas committed to hiring, after professional re-training, 30 nacelles employees for work in the blades factory and to an additional eight employment proposals in … Continue reading Vestas to invest in the Taranto blades factory
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Rush for PTC saw the US edge China out of wind energy market lead in 2012
The market for wind energy continued to grow in 2012 despite the difficulties in financing and slow economic growth in many OECD countries. By the end of 2012, more than 222,500 wind turbines with an aggregated capacity of approximately 281GW were installed worldwide. Of this, 44.9GW went up in 2012. This newly installed capacity represents … Continue reading Rush for PTC saw the US edge China out of wind energy market lead in 2012
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New markets for Concentrated Solar Power (CSP) gain some momentum
The solar thermal power market continued its expansion in 2012. Altogether, 712MW of additional power capacity was connected to the grid, a substantial increase in comparison to 2011’s 440MW. Cumulative installed capacity by the end of 2012 grew to 2.42GW. Summary of the global solar thermal power markets, region by region, end of 2012 … Continue reading New markets for Concentrated Solar Power (CSP) gain some momentum
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Renewable Power Generation
Lahmeyer International’s latest REMIPEG update (covering 2012 installations of renewable power capacity) concludes that new additions of renewable power capacity totalled 112GW in 2012, taking global cumulative installed renewable electricity capacity to 1,592GW – with an estimated annual power generation output of 4547-4811TWh a year (See download section opposite for additional charts). Over the past … Continue reading Renewable Power Generation
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China continues its dominance of the global hydropower market
WITH 30GW of new capacity installed during 2012, global cumulative hydropower capacity jumped to 1127GW by the year-end, providing an estimated 3524TWh of electricity generation annually. Thus, this technology is still by far the one with the highest cumulated installed capacity among renewable energy sources. Summary of the global hydropower market, region by region, end … Continue reading China continues its dominance of the global hydropower market
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Geothermal energy market, region by region, end of 2012
Tke geothermal energy market continued growing in 2012; however the newly installed capacity of 353MW represents average growth in respect to the last six years (547MW, 317MW, 338MW, 392MW and 225MW; 2011-2007 respectively). The US contributed 147MW of newly installed capacity for the year, and another 207MW is a result of statistical revision done by … Continue reading Geothermal energy market, region by region, end of 2012
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Siemens Receives Order for 97 Wind Turbines from Dong Energy
German industrial conglomerate Siemens AG (SI) said Monday it received an order for two German offshore wind power plants from Danish state-owned energy provider Dong Energy A/S. Siemens didn’t mention the financial details of the deal, but Dong said its total investment for both wind parks will amount to about 2.2 billion euros ($2.97 billion), … Continue reading Siemens Receives Order for 97 Wind Turbines from Dong Energy
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Suzlon Energy to launch new offshore wind turbine
Wind turbine maker Suzlon Energy today said it will launch a new offshore turbine that will help in yielding more power. “Suzlon Group company Suzlon Energy will unveil its new offshore turbine REpower 6.2M152. With the new offering, the company once again sets standards in the cost-effective generation of offshore wind energy,” the company said … Continue reading Suzlon Energy to launch new offshore wind turbine
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IKEA to purchase 46MW Canadian wind farm from Mainstream Renewable Power
Global wind and solar company Mainstream Renewable Power has closed a deal to sell its 46 megawatt Oldman 2 Wind Farm, located in Alberta Canada, to IKEA the world’s largest furniture retailer. Mainstream has commenced construction of the project at a cost of approximately CAD$90m and it is expected to be operational in the autumn … Continue reading IKEA to purchase 46MW Canadian wind farm from Mainstream Renewable Power
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Concentrated Solar Power (CSP) based Process Heat Applications in India
The objective of the project is to promote and commercialize Concentrating Solar Power (CSP) for industrial process heat applications in India. To boost the use of Concentrating Solar Power Technologies (CSP), the Ministry of New and Renewable Energy (MNRE), Government of India, is implementing a UNDP – GEF supported project on
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First wind farm in Lebanon
Lebanese renewable energy have fallen short of its ambitious goal of reaching 12 percent of Lebanon’s energy needs by the year 2020. But now it is in the middle of building its first wind farm at about 60 MW in the country’s north. Being a country that has largely been dependent on imported coal and petroleum, … Continue reading First wind farm in Lebanon
Continue readingUnlocking the investment opportunities in offshore wind power
“Is offshore wind worth the money? Markets say yes. Banks say yes.” So said Albert Jochems, Managing Director at Green Giraffe Energy Bankers yesterday during a live webcast on offshore wind energy yesterday afternoon. Other panellists included Michael Hannibal, Head of Siemens Wind Power Offshore and Jacopo Moccia, EWEA’s Head of Political Affairs. Throughout the … Continue reading Unlocking the investment opportunities in offshore wind power
Continue readingConcentrated Solar Power (CSP) – How it Works
Concentrating solar power plants produce electric power by converting the sun’s energy into high-temperature heat using various mirror configurations. The heat is then channelled through a conventional generator. Concentrating solar power plants produce electric power by converting the sun’s energy into high-temperature heat using various mirror configurations. The heat is then channelled through a conventional … Continue reading Concentrated Solar Power (CSP) – How it Works
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Oil
Fossil fuels continue to power global economic growth and energy security, and the competition for these resources remains a significant concern for governments around the world. Although OPEC has played a key role on the production side of the international oil market over the past four decades, the consumer landscape has changed dramatically since 1973. … Continue reading Oil
Continue readingDiverse wind power purchases, turbine orders illuminate industry on the move
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Ivanpah, a Huge Concentrated Solar Power (CSP) Plant Funded by Google
Google has made another clean energy investment, this time buying six solar power plants, which are currently under development and are expected to become fully operational in January 2014. Together with the global investment firm KKR, and Recurrent Energy, they paid a total of $400 million for the solar plants with combined capacity of 106 … Continue reading Ivanpah, a Huge Concentrated Solar Power (CSP) Plant Funded by Google
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Concentrated Solar Power (CSP) With Storage Can Benefit the Grid
The evidence is piling up that when the real value of energy is considered, electricity generated from concentrating solar power (CSP) plants with storage capability outperforms solar photovoltaic (PV) and wind power. Rigorous research studies cited throughout The Economic and Reliability Benefits of CSP With Thermal Energy Storage: Recent Studies and Research Needs, a report … Continue reading Concentrated Solar Power (CSP) With Storage Can Benefit the Grid
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Cranfield University and Global CSP Announce Collaboration on Concentrated Solar Power Projects
The collaboration will involve testing and improving Global CSP’s solar energy collector system – the ‘solar captor’. Based on aircraft technology, the solar captor is fully insulated against extreme weather and offers considerable cost savings over traditionally fabricated solar energy collectors. It is designed for use in power generation, air-conditioning, chilling, water purification and desalination, … Continue reading Cranfield University and Global CSP Announce Collaboration on Concentrated Solar Power Projects
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Solar photovoltaic module prices to fall only 1% in 2014
Greentech Media Research (GTM, Boston) has released a report which finds that the solar photovoltaic (PV) supply chain has begun to stabilize due to increasing demand, and predicts that global PV module prices will fall only 1% in 2014. “PV Pricing Outlook 2014” also predicts that prices will rise along the rest of the value … Continue reading Solar photovoltaic module prices to fall only 1% in 2014
Continue reading2013 completions of large concentrated solar power (CSP) plants mark technology gains
Several large, new concentrated solar power (CSP) plants are expected to begin commercial operation by the end of 2013, more than doubling the solar thermal generating capacity in the United States. Several large, new concentrating solar thermal power (CSP)
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