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
Continue readingCategory Archives: Other renewables
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
Continue reading
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
Continue reading
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
Continue reading
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
Continue reading
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
Continue reading
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 reading
Tanzania 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
Continue reading
Concentrated solar power (CSP) with storage could fill the gaps in intermittent renewable generation
Ivanpah is the largest concentrated solar power (CSP) plant in the world. Unlike traditional solar photovoltaic panels — which convert sunlight directly into electricity — concentrating solar power technology uses sunlight to heat water or another liquid, ultimately creating steam that can be used to turn turbines and generate electricity. Concentrated solar power has a … Continue reading Concentrated solar power (CSP) with storage could fill the gaps in intermittent renewable generation
Continue reading
Benefits of Solar Energy
Sun is the ultimate source of energy on earth and life on Earth is due to the power (energy) provided by the Sun. Scientists have developed the technology to directly convert the Solar Energy into Electricity with the help of photovoltaic cells. The ‘Solar Energy’ refers to the power generated from the Sun in the … Continue reading Benefits of Solar Energy
Continue reading
Solar power plant to be built in Kazakhstan
Solar power plant worth 55 million euros ($70.537 million) will be built in Kazakh capital Astana, Kazinform reported. The announcement was made by the managing director of the Directorate for the implementation of the International specialized exhibition EXPO-2017 Mukhtar Gazizov at the first meeting of international exhibitors of EXPO-2017 in Astana on Oct. 22. … Continue reading Solar power plant to be built in Kazakhstan
Continue reading
Vestas welcomes EU decision on a 27 per cent renewable energy target
Greater use of domestic renewable energy sources will reduce Europe’s dependence on imported fuels, which in turn will help insulate the EU against fuel price volatility and increase the EU’s security of energy supply. Wind turbines, for example, use an abundant carbon-free resource, and once a wind farm is built, its operating costs are low, … Continue reading Vestas welcomes EU decision on a 27 per cent renewable energy target
Continue reading
Heads of State miss the chance to back renewable energy in Europe
The European Council’s decision to set an EU-binding target of 27% showed a lack of ambition to improve Europe’s energy security. Governments also ignored calls from the renewable energy sector and European business leaders for a nationally-binding target of at least 30%. Thomas Becker, chief executive officer of the European Wind Energy Association, said: … Continue reading Heads of State miss the chance to back renewable energy in Europe
Continue reading
DoE Announces $53 Million to Cut Cost of Solar Power
Building on President Obama’s Climate Action Plan to cut carbon pollution and continue U.S. leadership in clean energy innovation, Energy Secretary Ernest Moniz announced more than $53 million for 40 innovative research and development (R&D) projects that aim to drive down the cost of solar energy, tackling key aspects of technology development in order to … Continue reading DoE Announces $53 Million to Cut Cost of Solar Power
Continue reading
Wind power is more cheaper than gas
It’s no surprise that if environmental costs are considered, renewables—particularly wind power—are a far better bargain than coal power. But it might surprise many that according to a new such analysis, nuclear power lags far behind wind energy and even hydroelectric power in its economic impact, at least in the European Union. Energy costs are … Continue reading Wind power is more cheaper than gas
Continue reading
First Concentrated Solar Power (CSP) plant for process heat has been inaugurated in Quebec (Canada)
Cascades and Rackam started work on the ground-level facility in June, installing a powerful concentrated solar power (CSP) system. Pierre Arcand, Minister of Energy and Natural Resources and Minister responsible for the Northern Plan, Mario Plourde , President and Chief Executive Officer of Cascades, and Mathieu Chagnon , President of Rackam, inaugurated the Alain-Lemaire Solar … Continue reading First Concentrated Solar Power (CSP) plant for process heat has been inaugurated in Quebec (Canada)
Continue reading
TuNur Concentrated Solar Power project aims to bring two gigawatts of solar energy from Tunisia
The TuNur project aims to bring two gigawatts of concentrated solar power to the UK from Tunisia if the company wins a contract for difference (CFD) from the British government. The TuNur project aims to bring two gigawatts of concentrated solar power to the UK from Tunisia if the company wins a contract for … Continue reading TuNur Concentrated Solar Power project aims to bring two gigawatts of solar energy from Tunisia
Continue reading
First Concentrated Solar Power (CSP) plant in Morocco solar energy project to open in 2015
Morocco’s first Concentrated Solar Power plant will begin operating in 2015 as part of a multi-billion-euro project the oil-scarce kingdom hopes will satisfy its growing energy needs. Morocco’s first Concentrated Solar Power plant will begin operating in 2015, an official said Sunday, as part of a multi-billion-euro project the oil-scarce kingdom hopes will … Continue reading First Concentrated Solar Power (CSP) plant in Morocco solar energy project to open in 2015
Continue reading
Olkaria geothermal energy project to lower cost of power in Kenya
Thirty five years ago, former President Daniel arap Moi’s government decided to venture into an ambitious plan to tap steam in the geothermal-rich area and convert it into electricity which was scarce in those days. “There were success stories from villagers who were known to tap steam and convert it into water for washing and … Continue reading Olkaria geothermal energy project to lower cost of power in Kenya
Continue reading
