The Concentrated Solar Power (CSP) project will now incorporate Abengoa’s technology, including a large storage system, to better meet the needs of California. Abengoa’s new proposal will make use of the company’s molten salt tower with Thermal Energy Storage (TES) proprietary technology. TES is a proven technology that allows solar energy to be stored so … Continue reading Abengoa to continue with Palen Concentrated Solar Power (CSP) project development
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Renewable Energy potential exceeds 12,000 MW in Azerbaijan
Azerbaijan is not only a country with rich natural resources, but also a nation capable of taking advantages of alternative resources, such as solar power, wind energy, thermal energies. The total capacity of alternative and renewable energy sources in Azerbaijan exceeds 12,000 megawatts, the Deputy Head of the Department of Investments and Strategic Development … Continue reading Renewable Energy potential exceeds 12,000 MW in Azerbaijan
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Myanmar plans 41 new power plants in 15 years
Myanmar has mapped a 15-year power development plan to meet increasing demand, setting its sights on boosting capacity from 4,581 megawatts to over 29,000MW in 2031. According to Myint Oo, director at the Ministry of Electric Power, the plan will shift Myanmar’s focus from hydropower to other energy sources, including coal, natural gas, solar, and … Continue reading Myanmar plans 41 new power plants in 15 years
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Spain’s ACS units win solar power projects in Brazil
ACS said on Monday its Cobra and Lintran divisions had won licenses from the Brazilian government to build and operate nine solar power plants in Sao Paulo, costing a total of 406 million euros ($507 million). The licenses are part of an alternative energy auction organised by the Brazilian government, it said. ACS … Continue reading Spain’s ACS units win solar power projects in Brazil
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Brazil contracts 769 MW of wind energy and 890 MW photovoltaic
Brazil awarded 20-year power supply contracts totaling 889.7MW of solar PV from 31 projects at an average price of R$215.12/MWh ($86.8MWh). The price was 17.9% below the cap prices of R$262/MWh set by the government. Brazilian developers on Friday sold 769.1MW of wind power from 31 wind farm projects at the government’s reserve auction … Continue reading Brazil contracts 769 MW of wind energy and 890 MW photovoltaic
Continue readingBrazil finally entered the solar power sector
Brazil finally entered the solar power sector on Friday, granting contracts for the construction of 31 solar plants as it tries to diversify its sources of generation amid an energy crisis caused by the worst drought in eight decades. Wind energy developers won contracts to sell 769 megawatts in installed capacity, at an average price … Continue reading Brazil finally entered the solar power sector
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IEA review of Morocco’s energy policies
Wind energy should reach 700 MW capacity this year, and next year the first concentrated solar power (CSP) plant rated at 160 MW should come on stream. Morocco’s energy strategy is very much on target, with notable advances in wind and solar power and on fuel subsidy reform, the International Energy Agency (IEA) … Continue reading IEA review of Morocco’s energy policies
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SunEdison Wins 150 Megawatts Of Solar Photovoltaic Projects In Karnataka India
SunEdison, Inc. (NYSE: SUNE), a leading global solar technology manufacturer and provider of solar energy services, today announced that it has won 5 solar photovoltaic (PV) projects totaling 150 megawatts (MW) from Karnataka Renewable Energy Development Limited (KREDL) as announced by the Government of Karnataka. SunEdison or SunEdison affiliates, including Yieldcos, are envisioned as the … Continue reading SunEdison Wins 150 Megawatts Of Solar Photovoltaic Projects In Karnataka India
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Concentrated Solar Power (CSP) ‘Black Hole’ Material Unveiled
The team were challenged as part of the U.S. government’s SunShot program to increase the efficiency of large-scale concentrated solar power (CSP) technology. A multidisciplinary engineering team at the University of California, San Diego developed a new nanoparticle-based material for concentrating solar power plants designed to absorb and convert to heat more than 90 percent … Continue reading Concentrated Solar Power (CSP) ‘Black Hole’ Material Unveiled
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Solar Energy Will Be as Cheap as Fossil Fuel Energy by 2016
A new study on solar energy from Deutsche Bank bears very good news. Thanks to technology and innovation, solar energy will be just as cheap as energy from fossil fuels by 2016. That’s basically tomorrow, and it’s awesome. We have a few people to thank for this encouraging turn of events. One is Uncle Sam. … Continue reading Solar Energy Will Be as Cheap as Fossil Fuel Energy by 2016
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Brazil’s first solar power auction to clear 500 MW
Brazil will take its first leap into commercial solar power generation on Friday with a rights auction of at least 500 megawatts of new solar energy plants, adding a new energy source as a drought reveals the danger of depending on hydropower. Sun-kissed Brazil has one of the highest solar radiation factors in the … Continue reading Brazil’s first solar power auction to clear 500 MW
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Brazil Raises Power-Rate Cap on Projects for Next Auction
The maximum rate for wind energy and solar power projects has been set at 137 reais a megawatt-hour. Brazil increased a cap on electricity rates for hydroelectric and thermal power projects to be auctioned next month in a bid to lure investment. Bidders at the Nov. 28 auction for hydroelectric projects with as much as … Continue reading Brazil Raises Power-Rate Cap on Projects for Next Auction
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China to Invest $1 Billion in Russian Solar Energy
Chinese power giant Amur Sirius plans to invest up to 45 billion rubles ($1 billion) in Russian solar energy starting next year, business daily Vedomosti reported Wednesday. Russia has blazing summers to match its harsh winters, and despite the country’s wealth of hydrocarbon resources, the government is making moves to encourage the emergence of green energy. Solar Systems, a subsidiary of Amur Sirius, will start construction of a solar … Continue reading China to Invest $1 Billion in Russian Solar Energy
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Chile: SunEdison closes $130 million for 69.5 MW Javiera photovoltaic solar energy plant
SunEdison, Inc. (NYSE:SUNE), a leading global solar technology manufacturer and provider of solar energy services, announced today the closing of a $130 million USD non-recourse debt financing arrangement with CorpBanca and BBVA. The debt proceeds will be used to fund construction of a 69.5 megawatt (MW) solar power plant located in Chile. The solar power … Continue reading Chile: SunEdison closes $130 million for 69.5 MW Javiera photovoltaic solar energy plant
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Centre of Excellence (ICE) on Marine Energy in Chile
The two Groups were selected by Chilean development organization CORFO (Corporación de Fomento de la Producción) to set up an International Centre of Excellence (ICE) on Marine Energy in the country. The 8-year project, supported by an approximate 20 million US dollars in cash and in-kind funding, 65% of which coming from CORFO, is aimed … Continue reading Centre of Excellence (ICE) on Marine Energy in Chile
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SunEdison and Rajasthan Government Sign MoU for 5 Gigawatts (GW) of Solar Photovoltaic
SunEdison, Inc., (NYSE: SUNE), a leading global solar technology manufacturer and provider of solar energy services, today signed a Memorandum of Understanding (MOU) with the Rajasthan Government aimed at developing Rajasthan as the global hub for solar energy. SunEdison intends to establish 5 GWs of capacity in the form of multiple Mega Solar Projects, with … Continue reading SunEdison and Rajasthan Government Sign MoU for 5 Gigawatts (GW) of Solar Photovoltaic
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Algeria: 10 Solar Power, Wind Energy Measurement Stations to Be Created in Algeria
About 10 solar power and wind energy measurement stations are being created in Algeria, announced Monday here, CEO of “Shariket el kahraba wa el taket el moutadjadida” (Power and Renewable Energies Company )(SKTM), subsidiary of Sonelgaz. The first station, based in Khenchela, is being constructed, declared Chahar Boulekhras in the opening of the 5th … Continue reading Algeria: 10 Solar Power, Wind Energy Measurement Stations to Be Created in Algeria
Continue readingABB secures $55m order for UAE photovoltaic solar energy
ABB, the leading power and automation technology group, has won an order worth around $55 million from Dubai Electricity & Water Authority (DEWA), the leading power utility in United Arab Emirates (UAE), to build a substation that will integrate power from the Mohammed bin Rashid Al Maktoum solar park. The order was awarded in the … Continue reading ABB secures $55m order for UAE photovoltaic solar energy
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Ethiopia to Generate 300 MW Solar Energy
The Ethiopian Electric Power headed by Engineer Azeb Asnake signed on Oct.14 a Memorandum of Understanding (MoU) with a US-based company Green Technology Africa Inc. (GTA) to generate 300 megawatts of solar energy. The partnership signifies the collaboration of the government and the private sector which aims at supporting Ethiopia’s green development strategies with the … Continue reading Ethiopia to Generate 300 MW Solar Energy
Continue readingTanzania plans 200 MW of wind energy, 100 MW of solar power and 200 MW of geothermal energy
The Ministry of Energy and Minerals has published an Electricity Supply Industry Reform Strategy and Roadmap for 2014 to 2025. In its recent Investment Policy Review the OECD cited energy in Tanzania as a “critical bottleneck” and that the problem of reliable energy was the top barrier to doing business in Tanzania. This view was … Continue reading Tanzania plans 200 MW of wind energy, 100 MW of solar power and 200 MW of geothermal energy
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