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UK to stop funding coal- fired power plants overseas

Ed Davey, Britain's energy secretary, has announced on Wednesday that the UK, as the US, would stop funding coal projects in developing countries. The objective is to cut greenhouse gas emissions and to encourage low-carbon development. The announcement was made at United Nations climate talks in Warsaw where the fossil fuels have been at the centre of a storm. About 90% of the Poland's electricity comes from coal, and the government has been resistant to EU calls to strengthen emissions reduction targets.

read more... 21/11/2013

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First Solar to bolster Japanese solar industry

First Solar, the American manufacturer of thin film photovoltaic (PV) modules, or solar panels is envisaging investing about $100 million in Japan to develop solar power plants.

read more... 19/11/2013

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Siemens inks 582 MW deal for offshore wind projects in German North Sea

German industrial conglomerate Siemens AG has won an order from Danish Dong Energy to supply wind turbines for two offshore wind power plants in the German North Sea.

read more... 19/11/2013

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French Total eyes to develop a LNG facility in Cyprus

The Cyprus government and the French energy giant Total signed an agreement envisaging the development of a liquefied natural gas (LNG) plant at Vasilikos, Limassol, in Cyprus, with the deal certainly boosting morale in Cyprus and optimism about the potential of natural gas to save the national economy.

read more... 14/11/2013

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China’s power generation capacity to double by 2030

China is likely to more than double its generation capacity by 2030, with half of all new plants powered by renewable sources including large hydro, while coal will remain the most important fuel. China’s total power generating capacity would almost double by 2030 to 2.7 terawatts.

read more... 07/11/2013

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