Latest news
Coal power is set to increase in the next 4 years to come
In the next 4 years to come, coal power production is set to increase considerably as at the moment it is the most profitable source of energy in Europe. According to UBS AG, power producers from EON AG to RWE AG (RWE) will open six times more coal-burning plants than gas-fed units by 2015.
read more... 24/09/2012
China’s installed power capacity could reach 300 GW by 2020
According to the report released by the Chinese Renewable Energy Industries Association, the Global Wind Energy Council and Greenpeace, it is likely that China’s wind power sector will maintain the 1st place also in 2012. Furthermore, China intends to realize an accumulated on-grid wind power capacity of more than 100 GW by 2015 and 200 GW by 2020, according to a national plan on renewable energy development released by the National Energy Administration.
read more... 24/09/2012
China’s solar target to double to more than 40 GW by 2015
China is likely to double the installed solar power capacity target by 2015 to 40GW, which is a progress indicator in the 12th five year plan of the world’s second-largest economy. Only 18 months ago, it was reached at 5 GW, than it was doubled to 20 GW and now 40 GW. According to some forecasts, it is likely that China will double its 2020 PV target, from the current 50 GW to 100 GW.
read more... 19/09/2012
China to invest 39.5 billion dollars in domestic solar power generation
According to its newly revised 12th five-year development plan, China will invest an estimated $39 billion in solar power generation between 2011 and 2015, with the solar industry expected to employ about 500000 people.
read more... 18/09/2012
The objectives of the Kyoto Protocol are far from being achieved
The Kyoto Protocol countries have to diminish total greenhouse gas emissions by 2012, compared to 1990 levels, but according to some analysts, there will be registered an oversupply of about 13 billion tons of CO2, while the estimated demand is at 11.5 million tons.
read more... 14/09/2012