Tag Archives: renewable energy

French president urges mobilization of global capital for renewable energy sources

French President Francois Hollande on Tuesday warned here in his inauguration speech of the World Future Energy Summit (WFES) 2013 that the conventional energy resources are “unsupportable” for many countries, urging all states to work together to make the energy change happen. Hollande said at the summit which was held in Abu Dhabi that the … Continue reading French president urges mobilization of global capital for renewable energy sources

Continue reading

Renewable energy as way out of the crisis

Difficult times have always brought about brave successful decisions. The current crisis in the EU and in particular Greece represents a window of opportunity to reconsider all options and reshape our old structures. It seems clearer every day that renewable energy sources are part of the solution to ensure economic growth and job creation. This … Continue reading Renewable energy as way out of the crisis

Continue reading

Why Tanzania Must Invest in Renewable Energy

There are many reasons for Investing in renewable energy. Fossil fuel (common crude oil) energy resources are pollutants, limited, finite and therefore not sustainable. Countries like Japan and others, for example, which depend on imported fuel, risk the effects of price fluctuations and natural disasters. On environmental concerns, utilization of fossil fuels produces carbon dioxide … Continue reading Why Tanzania Must Invest in Renewable Energy

Continue reading

Saudi Arabia reveals plans to be powered by renewable energy

Saudi Arabia says it wants to use fossil fuels to produce other goods rather than use it for power generation. Saudi Arabia, the world’s biggest oil producer, has plans to become 100% powered by renewable and low-carbon forms of energy, according to an influential member of the royal family. But the process is likely to … Continue reading Saudi Arabia reveals plans to be powered by renewable energy

Continue reading

German renewable energy surcharge to rise 47 pct next year

According to the four grid operator, the additional cost on electricity bill for renewable power would be increased from 3.6 cents per kilowatt hour this year to 5.3 cents in 2013. The renewable energy market consists of the net consumption of electricity generated via geothermal, solar, wind and hydroelectric means, as well as through wood … Continue reading German renewable energy surcharge to rise 47 pct next year

Continue reading

Renewable energy in Ukraine

The promotion of the renewable energy sector has brought the first results. Renewable sourced electricity facilities with a total capacity of 96 MW have been put into operation for the period September 2010 to September 2011. Growth on target According to the State Program of Energy Efficiency for 2010-2015, the share of renewable energy sources … Continue reading Renewable energy in Ukraine

Continue reading

Renewable energy attractiveness indices

Spain and Italy’s sovereign credit crises have continued to drag them further down the index, while the UK’s plethora of policy announcements this quarter have garnered little clarity for investors. Welcome to the 2012 global economy. Growth in many countries is faltering and unemployment rates are stagnating. Even the rapid growth countries are showing signs … Continue reading Renewable energy attractiveness indices

Continue reading

Renewable energy could provide more than 125,265 jobs by 2020 in Spain

Transitioning to a green economy has a huge potential to create new jobs in Spain at a time when the crisis-hit country is reeling from a 50 per cent youth unemployment rate, according to a newly released report. However, the report titled Green Jobs for Sustainable Development – The case of Spain, says the severity … Continue reading Renewable energy could provide more than 125,265 jobs by 2020 in Spain

Continue reading

Renewable energy shows potential for bright future

A study released in July by the International Energy Agency (IEA) has said that global power generation from renewable sources was expected to rise by more than 40% to 6,400 terawatt hours (TWh) in the next five years. This increase would equal one-and-a-half times the electricity currently produced in the US. It is also a … Continue reading Renewable energy shows potential for bright future

Continue reading

AfDB Supports Gabon Renewable Energy Sector

The Board of Directors of the African Development Bank (AfDB) Group, through its private sector window, approved on 18 July 2012 in Tunis, a senior loan of Euros57.5 million to the Coder Hydropower Project for the design, construction and operation of two run-of-river hydro projects in Ngounie Province and North Gabon. The project consists of … Continue reading AfDB Supports Gabon Renewable Energy Sector

Continue reading