Siemens AG, which recently won orders exceeding $1 billion in Saudi Arabia, is eyeing the kingdom for power-generation projects as population growth spurs electricity demand, an executive said.
The chief executive of power generator NRG Energy Inc., David Crane, expects the demand for large solar projects to wane in the next few years, but this is not stopping his company from investing in it before the market gives way to smaller scale power generation.
Mitsubishi Corporation has acquired a 15 per cent share in four Concentrating Solar Power (CSP) generation plants in Spain.
Spain's Iberdrola SA has reported that its fourth-quarter net profit rose 0.8 per cent on higher power generation in Spain and bigger profits from the power utility's international operations.
Drax Group, operator of the UK’s biggest power station, has repeated a plea for more UK Government support for biomass burning, as it reported higher annual profits and sales.
Arab nations are expected to pump more than $92 billion into projects to expand their power generation capacity.
Solar Guide, a free online resource for homeowners and engineers regarding solar-related issues, has found the average price of a domestic solar PV installation in the UK to be less than £12 000.
A total of 14 UK projects have applied for European Union funding of around €4.5 billion for carbon capture and storage and innovative renewable energy projects across the region, the UK government has said.
Amman and Ankara are set to usher in a new era of energy cooperation between Turkey and Jordan, with the signing of a nuclear cooperation agreement.
A new report titled "China Renewable Energy Market Outlook” has been released detailing every segment of the renewable energy industry in China; including wind, solar, hydropower, biomass, geothermal and tidal.