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Global installations of renewable energy will triple by 2017

Annual worldwide installations of renewable distributed generation will nearly triple between 2012 and 2017, reaching 63.5 gigawatts (GW) a year in 2017. Nearly 232 GW of distributed renewable will be added over the five-year period. Currently, distributed renewable installations represent just 1 % of total global electricity generating capacity, but they will register a rapid increase in the next five years to come.

read more... 15/08/2012

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German power grid upgrading plan

Chancellor Angela Merkel unveiled a 20-billion-euro plan to upgrade the country's grid over the next decade as Germany quits nuclear power in favour of renewables such as wind and solar. Operators specified the type and location of new high voltage power lines to be built or modernised. Germany's 70-year old infrastructure was laid out to deliver steady power generated from fossil fuels to nearby consumers. But new installations are springing up not only far from consumers, but they tap renewable sources which produce intermittent power, creating technically challenging supply swings.

read more... 02/07/2012

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U.S solar hike: Installations jump 85% in first quarter 2012

U.S. installed 506 megawatts of solar panels in the first quarter of 2012, up 85 percent than the same period last year and the second-highest quarter of installations ever, according to the Solar Energy Industries Association.

read more... 14/06/2012

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KYOCERA launches solar finance program

Kyocera Solar Finance has designed a new product aimed to provide loan and lease services to consumers looking for different types of commercial installations. The program is constituted in partnership with De Lage Landen Financial Services, Inc. and will provide up to 100 percent finance of the whole project cost for accredited borrowers.

read more... 08/05/2012

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Solar panel demand drops 90% after subsidy cut

The demand for solar panel installations has dropped by almost 90% in the weeks since the government has halved the solar subsidies to 21p, according to Department of Energy and Climate Change figures.

read more... 02/05/2012

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