According to the latest issue of the US Energy Information Administration’s (EIA) Electric Power Monthly, renewable energy sources provided 14.2 per cent of the country’s net electric power generation during the first half of 2013.
Thailand has hugely expanded its planned solar energy investments, pledging to secure 25 per cent of the country’s total energy demand from renewable sources.
The Board of Executive Directors of the World Bank have approved a $585.4 million Helwan South Power Plant project, a gas-fired power plant that will contribute 10 per cent of Egypt’s new generation capacity to be added by 2018.
Swedish home furniture giant Ikea Group is cooperating with the Chinese solar panel company Hanergy Holdings Group on a grid-connected solar power generation project for all the Ikea stores in China as well as Ikea’s selected suppliers.
Australian firm Origin Energy Ltd is to pay A$659 million for New South Wales’s state-owned generator Eraring Energy, as part of a A$3 billion power privatisation sell-off.
Hawaiian Electric Co. is asking US state regulators for permission to negotiate with the developers of five renewable energy projects that want to sell electricity to the utility for one-third less than HECO’s current cost of generating power.
US multinational General Electric (GE) and the Russian Direct Investment Fund (RDIF) are to sign a memorandum of understanding launching a joint venture to construct an array of miniature power plants for manufacturing companies across Russia.