US venture capital investment in clean technology, including power generation, shrank 44 per cent to $1.1 billion during second quarter 2011 compared to the same period last year, according to analysis from Ernst & Young.
Sempra Generation has signed a power purchasen agreement (PPA) with Pacific Gas & Electric of San Francisco to sell the utility 150 MWs of electricity generated at its Copper Mountain Solar complex in Boulder City.
In the first quarter of 2011 the amount of US power generated by coal-fired power plants reached a new 30-year low.
Studies by the Massachusetts Institute of Technology (MIT) suggest that new technologies intended to increase use of renewable energy could destabilise the power grid if they are not matched with careful pricing policies.
The UK has built more offshore wind power generation in the first six months of 2011 than any other country in the world, accounting for almost all the offshore turbines erected so far in Europe this year.
India’s lone nuclear power generation utility, Nuclear Power Corporation (NPCIL), is to go ahead with its plans for agressive capacity expansion, despite the renewed safety concerns for nuclear power generation after the Fukushima disaster.
Japanese Environment Minister Satsuki Eda has vowed to maintain Japan’'s pledge to reduce greenhouse gas emissions by 25 per cent from 1990 levels by 2020, despite uncertainty hanging over Japan’'s power generation future in the aftermath of the disaster at the Fukushima nuclear plant.
American Electric Power (AEP) said it was putting a hold on its plans for a commercial-scale CO2 capture and storage project in West Virginia, USA because of uncertainty surrounding US climate policy and what the company described as a weak economy.
The Renewable Energy Policy Network for the 21st Century (REN21) has released its “2011 Global Status Report”, which said that renewable energy supplied 16 percent of total energy usage and 20 percent of electricity generated globally in 2010.
Vietnam’s state-run Petrovietnam has awarded two contracts worth a combined $1.2 billion to two subsidiaries to build a 1200 MW coal-fired power plant.