New analysis released on Saturday, in the run up to India’s first Renewable Energy Global Investors Meet and Expo (RE-Invest) beginning tomorrow in New Delhi, shows that achieving Prime Minister Modi’s recently announced 100 gigawatt (GW) solar energy goal by 2022 could create as many as one million jobs, while greatly improving energy access for … Continue reading India’s proposed target of 60 GW of wind energy by 2022 would generate an additional 180,000 jobs
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Total invests $80m in solar energy in Ghana
Oil Company Total is collaborating with Neone Energy to develop two solar power plants in the Northern Region. The $80-million project, which is expected to be completed in 2017, will provide a total of 40 Megawatts of power to supplant the country’s present power pool. Senior Business Development Manager of Total, Frederic Ciamous, told Starr … Continue reading Total invests $80m in solar energy in Ghana
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Nigeria signs MOU for 1000 MW solar energy plant
The Nigerian Government on Thursday signed a Memorandum of Understanding with Firstgate Business Intermediaries Limited and its South Korean technical partners to construct the 1,000 MW solar power plant in Kogi State in northern Nigeria. Nigeria’s Guardian newspaper report on Friday quotes the Nigeria’s Minister of Power, Prof. Chinedu Nebo, as saying during the signing … Continue reading Nigeria signs MOU for 1000 MW solar energy plant
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Global Shipments of Photovoltaic Inverters Will Exceed 50 Gigawatts in 2015
GTM Research estimates global shipments of PV inverters reached 38.7 gigawatts (AC) in 2014 and will exceed 50 gigawatts in 2015. Shipments will continue to grow at an average annual rate of 13.1 percent through 2018. In the same time frame, the global market for inverters will reach $7.1 billion, representing an average annual … Continue reading Global Shipments of Photovoltaic Inverters Will Exceed 50 Gigawatts in 2015
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Solar power in Bolivia
German company Deea Solutions GmbH has been awarded a contract for the design of a solar energy plant to be installed in the southwestern Bolivian region of Oruro, the Andean nation’s hydrocarbons and energy minister said Thursday. The company will conduct a study between March and August to determine the exact location for the 20 … Continue reading Solar power in Bolivia
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Plan for Australia’s largest solar power (2,000 MW) approved
Australian local government authorities this week approved a plan to build the nation’s biggest solar energy plant at a cost of more than 1 billion U.S. dollars. The Toowoomba Regional Council approved the staged construction of a 5,000 hectare site at Bulli Creek in southwest Queensland and developer Solar Choice plans to start construction … Continue reading Plan for Australia’s largest solar power (2,000 MW) approved
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NordLink HVDC interconnector between Norway and Germany will use Nexans’ subsea power cables
First ever power interconnector between Norway and Germany will be Nexans’ largest subsea power cable contract to date in terms of length and value Contract value is approximately 0,5 Bn Euros. The Norwegian and German power grids will be able to share green energy directly for the first time thanks to Nexans submarine HVDC (high … Continue reading NordLink HVDC interconnector between Norway and Germany will use Nexans’ subsea power cables
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Reliance Power to develop 6,000MW of solar power in Rajasthan, India
Reliance Power Ltd on Thursday announced that it has signed an accord with the government of Rajasthan to develop 6,000 megawatts (MW) of solar power projects in the state over the next 10 years. Reliance Power is currently developing a 100MW solar power plant in Rajasthan through its wholly owned subsidiary Rajasthan Sun Technique … Continue reading Reliance Power to develop 6,000MW of solar power in Rajasthan, India
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Alstom to build a turnkey geothermal energy plant in Indonesia
Alstom has been awarded a contract worth over €61 million by PT Pertamina Geothermal Energy to supply and install a 30 MW geothermal plant for the Karaha Power Plant in West Java, Indonesia. Alstom will design, supply, install and commission the entire power plant (EPC contract). The project will be delivered by the end of … Continue reading Alstom to build a turnkey geothermal energy plant in Indonesia
Continue readingApple in big solar power deal with First Solar for a photovoltaic plant
Apple will buy about $850 million of solar power from a new California solar farm to cut its energy bill, the iPhone maker said on Tuesday as its stock market value closed above $700 billion for the first time. The First Solar Inc (FSLR.O) photovoltaic plant, with the capacity to power the equivalent of … Continue reading Apple in big solar power deal with First Solar for a photovoltaic plant
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Solar energy and wind power will be the cheapest forms of energy
A new study demonstrates that an energy system based completely on renewable forms of energy will be economically viable in the future. Research done at Lappeenranta University of Technology (LUT) shows that it will be worthwhile for North-East Asia, and China in particular, to switch to a completely renewable energy system within 5–10 years. … Continue reading Solar energy and wind power will be the cheapest forms of energy
Continue readingIran launches its biggest solar power plant
The solar power plant – that has been constructed in Kerman’s Zarand – has an annual production capacity of 390 megawatts (MW). It comprises an 80 kilowatt power plant, 170 solar-powered light posts, 340 LED lamps, and a 4,000-meter cable network, reported the Persian-language newspaper Forsat-e Emrooz. Iran has already announced plans to add … Continue reading Iran launches its biggest solar power plant
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Obama seeks to extends 30% solar energy investment tax permanently
President Obama, in presenting his proposed Federal Budget has proposed that the solar power Investment Tax Credit (ITC) be extended permanently in the 2016 budget. Under the new budget, there would be funding of $7.4bn for clean energy alongside $4bn for states to accelerate their carbon reduction plans. The ITC, which was introduced in … Continue reading Obama seeks to extends 30% solar energy investment tax permanently
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India targets 100,000 MW of solar power
Solar energy currently supplies less than 1 percent of India’s energy needs. India could start installing 20,000 MW of solar power capacity by April, with several international companies keen to support the government’s drive for clean energy. Prime Minister Narendra Modi aims to make the country one of the world’s largest renewable energy markets, targeting … Continue reading India targets 100,000 MW of solar power
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U.S. trend toward sustainable energy continued in 2014
The United States saw continued growth in renewable energy, natural gas and energy efficiency in 2014, according to the third annual Sustainable Energy in America Factbook. The Factbook shows that U.S. deployment of sustainable energy increased as prices continued to fall and that investment in U.S. clean energy grew at a higher rate. Analysts at … Continue reading U.S. trend toward sustainable energy continued in 2014
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The cost of wind energy and solar power keeps dropping
A new study from the International Renewable Energy Agency laying it out in detail. Large wind power farms got cheaper between 2010 and 2014. Large-scale solar power got a lot cheaper. And at least some renewable plants are even becoming competitive with new fossil-fuel plants: The chart shows the “levelized cost of electricity” for different … Continue reading The cost of wind energy and solar power keeps dropping
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Enel Green Power installed capacity: 9.6 GW
Net financial debt at the end of 2014 amounted to 6.0 billion euros, an increase of about 0.7 billion euros on the 5.3 billion euros registered at the end of 2013. Employees at the end of 2014 numbered 3,609 (3,469 at the end of 2013 as restated to take account of the change in the … Continue reading Enel Green Power installed capacity: 9.6 GW
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Iberdrola Chairman puts Scotland at centre of renewables strategy
Ignacio Galán, the chairman and chief executive officer of Iberdrola, today outlined a strategy for further multi-billion pound investments in renewables in the UK, with a strong focus on Scotland, in a lecture at the University of Strathclyde. Mr Galán was delivering the fourth James Blyth lecture at the university, in which he gave a … Continue reading Iberdrola Chairman puts Scotland at centre of renewables strategy
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CPV’s LCOE may fall as low as that for photovoltaic in 2020s
The German Fraunhofer Institute for Solar Energy Systems ISE and the US National Renewable Energy Laboratory, NREL, have compiled a study that describes the status of both the current market as well as the state-of-the-art for concentrator photovoltaic (CPV) technology. This young technology has achieved tremendous progress and has the potential for delivering solar … Continue reading CPV’s LCOE may fall as low as that for photovoltaic in 2020s
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China aims to install 15 GW of solar power capacity this year, 43 per cent more
China aims to install 15 gigawatts of solar energy this year, 43 per cent more than what was added in 2014, seeking to prop up its solar panel sector and boost the use of renewable energy despite a lack of transmission infrastructure. The National Energy Administration (NEA) started last week to solicit industry feedback … Continue reading China aims to install 15 GW of solar power capacity this year, 43 per cent more
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