As requested by Acciona and EDP Renováveis, Ernst & Young conducted a study that presents an integrated analysis of the value creation potential of wind energy. The study compares two energy technologies, Combined Cycle Gas Turbines (CCGT) and wind, to analyze the impacts of microeconomic factors such as direct costs as well as macroeconomic factors … Continue reading Wind Energy benefits the Economy according to a study by Ernst and Young
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Windreich sells 210MW Deutsche Bucht offshore wind farm
German wind energy developer, Windreich, has signed a contract to sell its 210MW Deutsche Bucht offshore wind farm. Windreich will retain responsibility for the erection, commissioning and future operation of the wind farm. Windreich AG enters into a purchase agreement for the wind farm ‘Deutsche Bucht’with an Anglo-Saxon financial investor and at the same time … Continue reading Windreich sells 210MW Deutsche Bucht offshore wind farm
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Canadian Wind Energy Association announces election of new members to Board of Directors
The Canadian Wind Energy Association (CanWEA) is pleased to announce the election of the following industry professionals to its Board of Directors for 2012-2013 at the organization’s Annual General Meeting in Toronto Oct. 16: Adarsh Mehta, Director of Development, Acciona Wind Energy Canada – Ms. Mehta has been involved in the wind industry for the … Continue reading Canadian Wind Energy Association announces election of new members to Board of Directors
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ISOFOTON calls to create a technology framework to maintain European leadership in PV sector
ISOFOTON, world leader in solar technology, has actively participated in the APVIA PV 2012 International Exhibition, an important event that attracts corporate executives in the solar sector in Asia, which is being held this week in Singapore. Angel Luis Serrano, President of ISOFOTON, participated today in a specific panel where he called for the creation … Continue reading ISOFOTON calls to create a technology framework to maintain European leadership in PV sector
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Concentrated Solar Power Could Supply 11.3% of Global Electricity by 2050
CSP’s dispatchability, increased efficiency and track record in innovation has led to projections that by 2050, with appropriate support, CSP could provide 11.3% of global electricity. Global concentrated solar power (CSP) markets are growing faster than ever. CSP’s dispatchability, increased efficiency and track record in innovation has led to projections that by 2050, with appropriate … Continue reading Concentrated Solar Power Could Supply 11.3% of Global Electricity by 2050
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Arotech Awarded Contract To Develop Lithium Battery For Hybrid Electric Vehicles
Arotech Corporation (Nasdaq: ARTX) announced today that its Battery and Power Systems Division has received an order to develop prototypes for a lithium battery for hybrid electric vehicles. The order to develop three prototype batteries was placed by an unnamed German automotive supply company. The first prototypes are due to be delivered in the first … Continue reading Arotech Awarded Contract To Develop Lithium Battery For Hybrid Electric Vehicles
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From Fossil Fuels to Renewable Energy
Each alternative energy source—whether solar power, geothermal energy, or wind energy—has a major role to play, but it is wind power that is on its way to becoming the foundation of the new energy economy. The great energy transition from fossil fuels to renewable sources of energy is under way. As fossil fuel prices rise, … Continue reading From Fossil Fuels to Renewable Energy
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Gamesa unveils cost-cutting plan and new wind turbines
Gamesa presents its Business Plan 2013-2015 today, with the goal of addressing the immediate situation while laying the foundation to emerge stronger, in a position of leadership in the wind industry, through the following strategies and actions (More documentation): recovering and maintaining profitability, reducing fixed and variable costs (structure size and an industrial and procurement … Continue reading Gamesa unveils cost-cutting plan and new wind turbines
Continue readingHeathrow set to trial electric vehicles
Over the next month, a fleet of EVs including the Nissan LEAF, Peugeot iOn, Vauxhall Ampera and the Renault Kangoo Z.E. will be trialled by four major organisations and operators at Heathrow. Electric vehicles are to be put through their paces at Heathrow in a bid to see whether the airport should switch to using … Continue reading Heathrow set to trial electric vehicles
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Japan takes leap into offshore wind energy
Wind turbines have become a familiar sight in the blustery port of Choshi on the eastern tip of the Kanto Plain, but this 126-meter-tall machine is different. Besides being one of the biggest wind turbines in Japan, it stands in the ocean, ready to take advantage of steady marine winds. Its base firmly planted in … Continue reading Japan takes leap into offshore wind energy
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Marubeni acquires interest in a wind energy facility in the US owned by EDF Renewable Energy
Upon completion of this transaction, Marubeni’s total generation capacity, worldwide, will be 30,091MW (gross) and 8,938MW (net). Marubeni Corporation (“Marubeni”) is pleased to announce that it has completed a transaction to acquire an economic interest in a wind power generation project owned by EDF Renewable Energy, a renewable energy company in the North American market … Continue reading Marubeni acquires interest in a wind energy facility in the US owned by EDF Renewable Energy
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China issues white paper on energy policy
“China’s Energy Policy 2012” was released by the Information Office of the State Council, or China’s Cabinet. The country will actively develop hydropower, solar power and wind energygeneration. The newest edition of a government white paper on China’s energy policy was issued Wednesday, detailing policies regarding energy development, conservation and the promotion of renewable power … Continue reading China issues white paper on energy policy
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US grants offshore wind energy lease for Delaware project
The U.S. Department of Interior (DOI) granted a lease for an offshore wind farm off the coast of Delaware to a unit of U.S. power company NRG Energy. The government issued the first offshore wind lease in 2010 to privately held Cape Wind for its 420-megawatt (MW) wind farm off Cape Cod in Massachusetts. As … Continue reading US grants offshore wind energy lease for Delaware project
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EU greenhouse gases in 2011: emissions fall 2.5%
Emissions of greenhouse gases in the European Union (EU) fell on average by 2.5 % from 2010 to 2011, although several countries increased emissions. Almost all European countries are individually on track towards their commitments under the Kyoto Protocol compared to last year, according to two reports published today by the European Environment Agency (EEA). … Continue reading EU greenhouse gases in 2011: emissions fall 2.5%
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Diminishing Incentives Cast Shadow on European Solar Power Markets
New analysis from Frost & Sullivan (http://www.energy.frost.com), European Solar Power Markets, estimates that overall revenues in 2015 will shrink to €6.57 billion, with the European CSP market set to expand from €2,114 million to €5,227 million over 2010-2015. The European photovoltaic (PV) solar market is undergoing a transition as the era of generous subsidies comes … Continue reading Diminishing Incentives Cast Shadow on European Solar Power Markets
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Energy Storage in Asia Pacific
Governments and industries in the Asia Pacific region find themselves struggling to keep pace with new trends in global clean energy development. Due to the diverse applications and benefits of energy storage systems (ESS), most Asia Pacific nations have begun to pay attention to deployments of these systems. Although demand for ESS varies on a … Continue reading Energy Storage in Asia Pacific
Continue readingNovatec Solar’s Australian Fuel-Saver Commences Operation
Novatec’s solar boiler has commenced operations at the Liddell Power Station in New South Wales, Australia. The solar boiler acts as a fuel-saver by feeding steam into the existing coal fired power station and reducing the coal required to operate the facility. The Liddell Power Station is owned by Australian utility, Macquarie Generation. The 9.3MWth … Continue reading Novatec Solar’s Australian Fuel-Saver Commences Operation
Continue readingChina will actively develop hydropower, solar power and wind energy generation
China will make unswerving efforts to develop new and renewable energy to protect ecological environment and achieve sustainable development, according to a white paper released Wednesday. Vigorously developing new and renewable energy is a key strategic measure for promoting the diversified and clean energy development and for fostering new strategic industries, said a white paper … Continue reading China will actively develop hydropower, solar power and wind energy generation
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Each MWh of wind energy provides a higher contribution to GDP in most European countries than other generation technologies
Ernst & Young conducted a study that presents an integrated analysis of the value creation potential of wind power. The study was commissioned by Acciona and EDP Renováveis and compares two energy technologies, Combined Cycle Gas Turbines (CCGT) and wind, to analyze the impacts of microeconomic factors such as direct costs as well as macroeconomic … Continue reading Each MWh of wind energy provides a higher contribution to GDP in most European countries than other generation technologies
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Iberdrola Profit Rises as Global Earnings Offset Drop in Spain
The company cut investment 67 percent in the first nine months of the year and sold assets valued at 300 million euros. Net income rose 12 percent to 2.4 billion euros ($3.1 billion), the company said in a statement today. Earnings before interest, tax, depreciation and amortization were 5.78 billion euros, in line with analyst … Continue reading Iberdrola Profit Rises as Global Earnings Offset Drop in Spain
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