Latest news
China: Power production from wind increased more than coal in 2012
According to new statistics released by China Electricity Council, power production from wind increased more than from coal in 2012. Fossil-fired production of electricity increased 0.3 % last year, an addition of about 12 terawatt hours (TWh) of electricity, at the same time as wind-generated electricity grew 35.5% to 26 TWh, while solar-generated electricity reached a cumulative 3.5 terawatt-hours. Under China's 12th Five Year Energy Plan (2011-2015), the objective for renewables is to supply 30% of electricity-generating capacity, while coal plunges from 70% to 65% of energy production.
read more... 27/03/2013
Solar 21 acquires another Italian solar park
Solar 21 Renewable Energy Ireland Ltd, a Dublin-based investment firm has acquired another Italian solar park, bringing to seven the number of solar parks that the Irish company holds in Italy, after it has acquired another six solar projects which were owned by AEG Power Solutions, in November last year.
read more... 25/03/2013
EU bank to provide 500 million loan to France
The European Investment Bank has decided to grant a loan of about 500 million euro aiming to help finance upgrades to seven of France's high-voltage and very-high-voltage power grid projects through 2016, the funds will help guarantee the quality and security of France's electricity supply, and would allow the country to add new-generation and renewable sources to its grid counting also a major investment in renewable energy sources.
read more... 22/03/2013
Need for a cross-border renewables cooperation in Europe
The next twist in European renewables policy could well be a push toward more cross-border cooperation as slimming budgets pressure governments to tap billions of euros in savings between now and 2020.
read more... 20/03/2013
Masdar launches new 100 MW solar power plant
The largest concentrated solar power plant (CSP) in operation in the world was inaugurated last week at Abu Dhabi, by the UAE president, Sheikh Khalifa bin Zayed Al-Nahyan. Abu Dhabi, which is one of the world's largest power consumers per capita, hopes that renewable energy will eventually help it meet 7% of its consumption by 2020 even as its economy develops.
read more... 18/03/2013