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Germany sets aside $130 billion for renewable energy
- 2011-10-21 06:07:17
- David Flin
Germany’s Kreditanstalt fur Wiederaufbau (German Development Bank, KfW) will underwrite renewable energy and energy efficiency investments in Germany with $137 billion over the next five years.
UK announces new subsidy profile for renewables
- 2011-10-21 00:50:57
- Junior Isles
The UK Department of Energy and Climate Change has announced the new levels of government support for different kinds of renewable generation under the Renewables Obligation (RO) from 2013-2017.
Soitec releases 5th generation CPV system
- 2011-10-20 16:12:17
- Junior Isles
French semiconductor manufacturer Soitec has launched its fifth generation concentrator photovoltaic (CPV) system, designed for large-scale power plants. The new product configuration is claimed to deliver higher efficiency and a lower cost of electricity, according to the firm.
Alstom to change emphasis
- 2011-10-12 05:56:55
- David Flin
Alstom’s Chairman and CEO Patrick Kron has announced that Alstom has decided to place more emphasis on BRIC (Brazil, Russia, India, and China) countries and emerging markets, including East Asia, because of the higher growth they offer when compared with conventional markets such as the USA and Europe.
UK CSS ambitions under threat from lack of funding
- 2011-10-08 13:56:59
- Junior Isles
UK electricity generator Scottish Power is threatening to withdraw from a project to build a flagship pilot carbon capture & storage (CCS) facility at Longannet coal-fired power station near Fife, Scotland, unless the government gives it £0.5 billion ($0.78 billion) more in funding.
UK renewables approach all time high of 10 per cent
- 2011-09-30 00:40:39
- Junior Isles
Renewable electricity contributed an all time high of 9.6 per cent of the UK's power generation mix in the second quarter of this year, statistics released by the UK Department of Energy and Climate Change have revealed.
Gazprom looks to northern Asia to complement European expansion
- 2011-09-28 19:53:33
- Junior Isles
Russian gas giant Gazprom, which has recently begun actively studying power generation markets in Europe, is also interested in being part of electricity generation and sales in Northeast Asian countries.
UK set to miss 80 per cent emissions cut
- 2011-09-19 14:23:44
- Junior Isles
UK companies are “nowhere near” to achieving the government’s target of an 80 per cent cut in emissions by 2050, according to a report by ENDS (Environment Data Services).
Consortium to invest $600 million in Nigeria’s power distribution
- 2011-09-16 06:14:31
- David Flin
The Nigerian Electricity Regulatory Commission (NERC) has announced that a consortium including the US power company Symbion Power, and Finagestion of France, were set to invest $600 million into Nigeria’s distribution network and generation plants.
India to reach 20 000 MW of nuclear generation in 20 years
- 2011-08-22 23:30:55
- Junior Isles
India's nuclear power generation capacity is expected to reach 20 000 MW in around two decades, a top official at the Indira Gandhi Centre for Atomic Research (IGCAR) has said.
