Japan’s growing anti-nuclear movement in the wake of the world's biggest nuclear accident since Chernobyl is creating an opportunity for Japanese makers of solar equipment. Companies such as Panasonic and Sharp are expected to capitalize on orders that analysts estimate may exceed $100 billion over the next decade, bringing down costs for consumers.
Total global generation from renewable energy sources outpaced nuclear energy for the first time in 2010, a report from a US think tank shows.
South Korea will not scrap nuclear power as it is an important source of energy for the resources-starved nation, said prime minister Kim Hwang-sik, amid heightened concern about the safety of atomic power plants following Japan's nuclear crisis.
Wind power is currently second in adding new generation capacity in the US, close behind natural gas, according to the American Wind Energy Association (AWEA).
UK offshore renewable generation increased by nearly 75 per cent last year, government figures show.
General Electric Co, which originally helped build the Fukushima Daiichi nuclear power plant damaged by Japan's earthquake and tsunami, will help Tepco supply electricity in the coming summer when power demand soars.
Tokyo Electric Power Co.'s (Tepco) decision to scrap reactors 1-4 at the crippled nuclear power station in Fukushima Prefecture means the power utility will possibly have to shoulder a colossal 400 billion yen ($4.76 billion) to decommission the reactors, and several trillion yen in compensation.
Utilising what is being termed 'fourth-generation technology', construction on the “world’s first high-temperature, gas-cooled reactor” will start next month in the coastal Chinese city of Rongcheng in Shandong Province, according to Cui Shaozhang, deputy manager at Huaneng Nuclear Power Development Co (HNPD).
Bangladeshi Prime Minister Sheikh Hasina has said her government has been making relentless efforts to increase the country's electricity generation, aimed at encouraging foreign investors and resolving its perpetual power crisis.