French semiconductor manufacturer Soitec has launched its fifth generation concentrator photovoltaic (CPV) system, designed for large-scale power plants. The new product configuration is claimed to deliver higher efficiency and a lower cost of electricity, according to the firm.
China’s State Grid Energy Research Institute (SGERI) and Vestas China have announced plans to cooperate on developing techniques to overcome the difficulties of large-scale integration of wind power to the grid by applying an integrated solution encompassing technology, management and policy.
UK electricity generator Scottish Power is threatening to withdraw from a project to build a flagship pilot carbon capture & storage (CCS) facility at Longannet coal-fired power station near Fife, Scotland, unless the government gives it £0.5 billion ($0.78 billion) more in funding.
Renewable electricity contributed an all time high of 9.6 per cent of the UK's power generation mix in the second quarter of this year, statistics released by the UK Department of Energy and Climate Change have revealed.
The Board of Directors of the Overseas Private Investment Corporation (OPIC), the US Government’s development finance institution, has approved up to $310 million in financing for a project to increase the capacity of the Olkaria geothermal power plant in Kenya from 48 MW to 100 MW.
Alstom has received $4.1m in research funding from the US Department of Energy (DOE) to develop advanced control systems and integrated sensors that increase cost-efficiency of offshore wind turbines.
Sri Lanka’s Ceylon Electricity Board (CEB), which has been badly hit by a failure of the island’s main monsoon, is predicting losses in 2011 of $54 million, due to the cost of extra thermal generation.
The US Department of Energy (DOE) has announced the award of over $145 million to 69 projects in 49 states aimed at increasing efficiency, reducing costs and shaping the future of solar energy technologies.
The cost of nuclear generation in Japan, even taking into account the compensation related to the Fukushima Daiichi accident, remains likely to be less than using fossil fuels, according to a new study.
Japan’s plans for a rapid expansion of solar power is facing difficulties, with a lack of bank financing proving to be a problem.