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Italy now boasts 16.7 GW of grid-connected PV power

Stating to the Italian energy agency Gestore dei Servizi Energetici SpA, Italy’s total solar PV installed capacity reached 16.7GW. As of the end of March, Italy has registered 214 MW of new PV capacity, with the annual cost of the Italian Conto Energia PV incentive programs that stood at €6.6 billion.

read more... 19/04/2013

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AWEA: 2012- A record year for the American Wind Industry

American Wind Energy Association has recently announced that US wind power increased 28% in 2012, bringing its total capacity to over 60 GW, 13 GW of which was added last year.

read more... 18/04/2013

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Daily: German power curve at new lows after CO2 draft rejection

Brent crude dropped below $100 a barrel for the first time in nine months in heavy trading on Tuesday, extending losses, dragged down by data from China and the U.S. that indicated weak growth in global oil demand.

read more... 17/04/2013

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China Wind Power and CNNC Rich Energy to add 700 MW of wind and solar projects by 2015

China Wind Power Group Ltd and CNNC Rich Energy have signed a strategic cooperation to invest in wind and solar energy projects with a target of some 700 MW by 2015. The two companies will jointly finance and develop 100 MW of renewable energy projects in 2013, a mix of solar and wind, and are targeting 200 MW of solar and 500 MW of wind projects in the next two years.

read more... 16/04/2013

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How trading in the EU carbon market works

The ETS is the largest carbon market in the world, worth around $148 billion last year. It covers around 12,000 installations, such as factories and power plants in the 27-member European Union. Since Jan. 1 2012, the aviation sector was also included in the scheme. Around 85% of permits were given to airlines for free in 2012, but this free allocation will be reduced over the period 2013-2020. Many airlines have opposed inclusion in the scheme.

read more... 16/04/2013

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