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Total Results : 808

Australian renewables investment damaged by Abbott policy risk

  • 2014-08-22 13:22:29
  • Junior Isles
Australia’s renewable energy industry is already predicting project cancellations due to policy risk even before Prime Minister Tony Abbott decides whether to overhaul the 20 per cent by 2020 renewable energy target (RET), according to solar industry sources.

First 6 MW turbine erected at Westermost Rough

  • 2014-08-15 15:34:58
  • Junior Isles

The first of 35 Siemens 6 MW turbines has been successfully erected at the Westermost Rough offshore wind farm, a joint venture between DONG Energy (50%) and its partners Marubeni Corporation (25%) and the UK Green Investment Bank (25%).

China’s solar push sees 3.3 GW already added in 2014

  • 2014-08-11 15:56:23
  • Junior Isles
China has been accelerating its adoption of solar power first half of 2014, adding 3.3 GW of installed capacity over the six months up to June 30th, according to a statement from the National Energy Administration (NEA).

Centrica and Dong scrap 4.2 GW Celtic Array offshore wind project

  • 2014-07-31 19:06:25
  • Junior Isles
Centrica and Dong Energy have announced they are abandoning plans to jointly develop up to 4.2 GW of offshore wind generation the Irish Sea, the Celtic Array, due to ‘challenging conditions’ which pushed up project costs.

Toshiba to supply steam turbines and generators for Sarulla geothermal plant

  • 2014-07-17 22:56:44
  • Junior Isles

Toshiba Corporation has been awarded a major contract to supply 3 x 60 MW steam turbines and generators (STG) for the Sarulla geothermal power plant project. The plant, currently under construction in Tapanali Utara in Indonesia’s North Sumatra, is one of the world’s largest geothermal power plants.

Russia’s Yakutia Republic announces wind investment

  • 2014-07-14 23:58:43
  • Junior Isles
The government of Russia’s Sakha (Yakutia) Republic in Siberia has announced plans to invest up to RUB 3 billion ($100 million) in the development of new wind power projects.

Global clean energy investment rebounds in 2014

  • 2014-07-12 16:20:31
  • Junior Isles
Investment in clean energy across the globe has rebounded and is once again growing strongly with new investment totalling $66.2 billion during Q2 2014, up 8 per cent year-on-year, according to analysis by Clean Energy Pipeline. This figure represents a five-quarter high for project financing after the relative slump during 2012 and 2013.

Financing secured for Ashalim solar thermal plant

  • 2014-07-09 21:04:20
  • Junior Isles

Megalim Solar Power Ltd (Megalim) – a special purpose company formed by Alstom (25.05 per cent), BrightSource (25.05 per cent), and NOY Infrastructure & Energy Investment Fund (49.9 per cent) – has secured financing from the European Investment Bank and the Bank Hapoalim for the construction and operation of the Ashalim Thermal Solar Power Station in Israel.

BNEF forecast predicts renewables investment boom

  • 2014-07-02 19:07:52
  • Junior Isles
Renewable energy investment could absorb as much as two-thirds of the $7.7 trillion forecast to be spent on new power plants by 2030, according to a new report from Bloomberg New Energy Finance.

EU ruling on national renewables subsidies

  • 2014-07-02 13:53:28
  • Junior Isles

The European Union has upheld a ruling that countries have the right to limit subsidies for renewable energy to plants based on their territory, as opposed to companies’ operations abroad.

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