The UK is ready to boost payments to factories, offices and supermarkets that reduce energy use, as rising demand drives up prices and the companies turn to cleaner but less-reliable power.
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.
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.
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.
Renewable energy sources can play an important role in increasing India's energy security, according to The World Bank. It said 68 000 MW of power costing less than Rs 6 per unit can be generated in the subcontinent.
Dong Energy A/S, Denmark’s biggest utility, has inaugurated its first power station in the UK, the gas fired Severn Power station at Uskmouth in south Wales.
Toshiba’s US business has secured a $500m hydro power equipment supply deal with Consumers Energy and Detroit Edison.
Sempra Generation's ambitious Mesquite Solar 1 project is scheduled to begin construction in mid-2011 and will be completed by 2013.