Swedish basic industry leader Holmen Energy invests in Vestas wind power with 51 MW order. Holmen Energy, together with the investment fund Eurofideme 2, has signed an agreement to construct a wind power plant using 17 V112 3.0 MW wind turbines. The two investors will co-own the project, which will be ready for turbine installation … Continue reading Vestas wins 51 MW Sweden wind energy order
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Renewable energy targets reduce costs and contribute to economic growth
At the occasion of the EC high-level stakeholder conference on “A 2030 framework for climate and energy policies”, the European Renewable Energy Council releases its key recommendations to the consultation on the 2030 Green Paper, including that renewable energy targets will be critical to reduce energy costs in the long term1. “The 2020 binding … Continue reading Renewable energy targets reduce costs and contribute to economic growth
Continue readingRenewable energy: World invests $244 billion in 2012
For only the second time since 2006, global investments in renewable energy in 2012 failed to top the year before, falling 12% mainly due to dramatically lower solar prices and weakened US and EU markets. However, 2012 was the second highest year ever for renewable energy investments, which total $1.3 trillion since 2006. And there … Continue reading Renewable energy: World invests $244 billion in 2012
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Nearly 20 pct of Australian homes use renewable energy electricity
About 13.4 percent of Australian electricity market has been powered by renewable energy in 2012, which covered almost 4.2 million Australian homes, local broadcasting company ABC News said on Wednesday. The data was revealed by the latest report that released by Australia’s Clean Energy Council (CEC). The continuous rise of the prices of fossil fuel … Continue reading Nearly 20 pct of Australian homes use renewable energy electricity
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European Parliament calls for 2030 Binding Renewable Energy Target
The European Parliament adopted today in plenary the Reul Report which calls on the European Commission to propose a binding European renewable energy target by 2030. “This vote confirms the European Parliament’s commitment to basing Europe’s future on renewable energy and sends a very strong message to both the European Commission, currently consulting on a 2030 framework … Continue reading European Parliament calls for 2030 Binding Renewable Energy Target
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Google powering ahead with renewable energy
Google, one of the nation’s leading high-tech companies, has a strong commitment to renewable energy and plans to stick with that commitment over the long term, Gary Demasi, the firm’s Director of Operations for Data Center Location Strategy and Energy, said today at the WINDPOWER 2013 Conference & Exhibition here. “Google’s values around renewable energy … Continue reading Google powering ahead with renewable energy
Continue readingHundreds of billions flowing to renewable energy
Despite all the recent media focus on the rise of shale gas and unconventional oil in North America, global renewable energy industries are in fact booming. Having just returned from my second clean energy finance summit this year, I was relieved to find that despite the rumors, the renewable energy industries aren
Continue readingCost of renewable energy is falling
Wind energy costs are falling and some companies involved in wind are seeing a rise in profits, according to evidence which has appeared in the world’s media this month. By Zoe Casey In Europe, insurance firm Allianz was quoted by Reuters as saying last week that “renewable energy production and infrastructure are gaining investor appeal … Continue reading Cost of renewable energy is falling
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China emerges as world’s renewable energy powerhouse
China has increased its renewable energy use to meet its international commitments to tackle climate change, according to a report by the Australian government’s Climate Commission released Monday. The report, namely the Critical Decade: Global Action Building on Climate Change, showed the world’s two largest economies, China and the United States, are on the path … Continue reading China emerges as world’s renewable energy powerhouse
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Renewable energy on the rise in the world
Renewable energy constitutes 18 per cent of global energy consumption, a trillion dollar industry and global energy consumption is on the rise, Adnan Ameen, Director-General of the International Renewable Energy Agency (IRENA) told Gulf News. “The renewable energy industry has increased by 17 per cent in 2011 and will continue increasing with China, India and … Continue reading Renewable energy on the rise in the world
Continue readingRenewable Energy and the Future of Energy
The development of renewable energy sources is crucial for the future of the global energy market, both in emerging and developed countries, says Enel Green Power CEO Francesco Starace. ‘We are seeing a constant reduction of costs in renewable energy thanks to technology, which is improving the performance of equipment and production costs,’ said Enel … Continue reading Renewable Energy and the Future of Energy
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New Global Alliance calls for 100 Percent Renewable Energy
A newly established global alliance of civil society organizations, academics, business associations and policy makers has called upon national legislators to commit to 100 percent renewable energy in the power, heating&cooling and transportation sector. At the Pathways To 100% Renewable Energy Conference, taking place in San Francisco, California today, the alliance launched a new international … Continue reading New Global Alliance calls for 100 Percent Renewable Energy
Continue readingNorth Carolina business leaders alarmed by attack on renewable energy
House Bill Would Harm State’s Economy, Pull Rug Out from Under Burgeoning Renewable Energy Rolling back North Carolina’s highly successful Renewable Energy and Energy Efficiency Portfolio Standard (REPS) will hurt the economy, hurt consumers and hurt job growth in the state, business owners and advocates said in a press conference call Monday. As early as … Continue reading North Carolina business leaders alarmed by attack on renewable energy
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MTS technology enables innovation in offshore renewable energy
MTS Systems Corporation (NASDAQ: MTSC), a leading global supplier of high-performance test systems and position sensors, today announced that the MTS Non-Torque Loading (NTL) System has been installed and accepted at the 3MW Drive Train Test Facility (3 megawatt) of the National Renewable Energy Centre (Narec), located in Blyth, Northumberland, UK.
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European Parliament calls on the Commission to assess a binding 2030 renewable energy target
The Industry, Transport, Research and Energy (ITRE) Committee of the European Parliament has adopted the Reul report today, which calls on the European Commission to assess a mandatory 2030 renewable energy target. “The European Parliament calls for post-2020 renewable energy policies and targets to be set on the road towards 2050. This of course resonates … Continue reading European Parliament calls on the Commission to assess a binding 2030 renewable energy target
Continue readingEurope needs a strong 2030 renewable energy target
The European Union could achieve 100% renewable energy by 2050 “at the latest” if ambitious renewable energy targets for 203o are agreed, WWF has said in a new report. By 2030 the EU could be generating more than 40% of its energy from renewable sources, said the report, Re-energising Europe: Putting the EU on Track … Continue reading Europe needs a strong 2030 renewable energy target
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Enel Green Power Brings Renewable Energy to Rural Peru
Collaboration between Enel Green Power and the Indian NGO Barefoot College has produced its first major achievement, after electricity was brought to the village of Japopunco in the Peruvian Andes. Enel Green Power and the Indian NGO Barefoot College has seen its first major achievement, after electricity was brought to Japopunco, a village in the … Continue reading Enel Green Power Brings Renewable Energy to Rural Peru
Continue readingMeeting the Renewable Energy Targets: Governments Make it More Difficult for Themselves in the Long-run
A consortium of actors in the renewable energy sector provide their view that while the EU has met its 2010 targets under the Renewable Energy Directive (2009/EC/28 Directive), recent government policy changes are making it much more difficult to ‘keep on track’ and meet the goals set for 2020. This analysis comes ahead of the … Continue reading Meeting the Renewable Energy Targets: Governments Make it More Difficult for Themselves in the Long-run
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Total Capacity of U.S. Department of Defense Renewable Energy Installations Will Quadruple by 2025
The Army, Navy, and Air Force have each established targets of 1 gigawatt of installed renewable energy capacity by 2025. These initiatives have gained considerable momentum, according to the report, and many of the targets will be achieved. Through innovative funding models, such as power purchase agreements (PPAs) and enhanced use leases, some military installations … Continue reading Total Capacity of U.S. Department of Defense Renewable Energy Installations Will Quadruple by 2025
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The Gulf Cooperation Council (GCC) holds 25 GW of renewable energy potential by 2020
The Gulf Cooperation Council (GCC) region holds 25 GW of renewable energy potential by 2020, the California-based international business consulting firm Frost & Sullivan estimated in its recently released white paper “The Future for ‘Green’ in the GCC’s Energy Sector”. The report focuses on the potential for renewables and smart grids in the GCC, noting … Continue reading The Gulf Cooperation Council (GCC) holds 25 GW of renewable energy potential by 2020
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