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Largest Indian PV plant to get 48 million dollars loan

The largest Indian solar PV power plant, with a total capacity of 40 MW, received a long-term loan from the Asian Development Bank worth 48 million dollars. The Dahanu solar power plant will be built in the western state of Rajasthan, and it is planned to be completed by the second quarter of 2012.

read more... 07/12/2011

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UK renewable sector sees crash in investments

The development of new renewable capacity fell significantly this year following a “dash gas” policy of the big six British energy suppliers that could damage UK’s climate change targets and keep households bills up. UK’s offshore wind market underwent a strong decline this year with only 540 MW of new onshore and offshore installed capacity, comparing to 1, 192 MW installed last year.

read more... 06/12/2011

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EU supports renewable projects in Arab deserts

The two biggest European consortiums, the German Deserted Industry Initiative (DII) and the French energy giant, Medgrid, focused their attention Thursday on the development of an ambitious renewable energy project in Arab deserts which consequently will provide power to customers in Europe, North Africa and in the Middle East.

read more... 25/11/2011

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China highlights its progress in carbon emissions reduction

In a climate report released on November 22, China illustrated comprehensively its strategy concerning the promotion of low-carbon development and is calling on the developed countries to assume the responsibility of considerably reducing the carbon emissions.

read more... 23/11/2011

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E.ON to develop pilot hydrogen plant for storing wind power

E.ON is mulling over developing a pilot plant that will convert power generated from wind energy into hydrogen which could be stored in the gas grid system. More than 5 million euros would be invested by the company for the development of this innovative technology.

read more... 18/11/2011

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