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Spain drops out of renewable investment top 10 after suspending subsidies
- 2012-02-28 05:57:58
- David Flin
According to an Ernst & Young survey, Spain, which was the top-ranked renewable energy market for investors five years ago, has dropped out of the top 10 after suspending subsidies for new generation.
Drax scraps plans for a dedicated biomass plant
- 2012-02-21 21:36:34
- Junior Isles
British coal-fired power producer Drax has scrapped its plans to build a dedicated biomass in North Yorkshire, but says it is ready to invest in biomass-fuelled power generation if the appropriate regulatory support is forthcoming.
Scotland-England sub-sea cable contract awarded
- 2012-02-17 09:48:59
- Junior Isles
National Grid and ScottishPower have awarded a £1 billion contract to Siemens and cable manufacturer Prysmian for construction of the first sub-sea electricity link between Scotland and England.
FFC invests in Pakistan’s first 50 MW wind energy project
- 2012-02-15 05:37:49
- David Flin
Pakistan’s Fauji Fertiliser Company (FFC) has announced that it plans to invest $135 million to establish what it describes as Pakistan’s first 50 MW wind energy project.
German Consul advises Pakistan against nuclear
- 2012-02-10 13:59:12
- Junior Isles
Dr Tilo Klinner, German Consul General, has advised Pakistan to avoid seeking electricity generation from nuclear technology due to the security and environmental threats it poses.
Renewables make up over 70 percent of EU new capacity
- 2012-02-08 06:06:40
- David Flin
The EU set a new record for new power generation capacity in 2011, with renewable energy infrastructure making up over 70 percent of new installations for the year, according to a report from the European Wind Energy Association (EWEA).
EU wind growing despite potential subsidy cuts
- 2012-02-07 16:29:46
- Junior Isles
The European Union installed 9616 MW of wind energy in 2011, or 21 per cent of its new power capacity, the European Wind Energy Association has said.
Japanese government considers promoting renewables construction
- 2012-02-05 15:46:49
- Junior Isles
The Japanese government is considering relaxing regulations on building renewable energy facilities, such as solar plants, in order to promote their construction, according to government sources.
EU to fund study on Caribbean geothermal link
- 2012-02-03 06:09:42
- David Flin
The European Investment Bank (EIB) has agreed to provide a €1.1 million grant to enhance planning and study the feasibility of exporting geothermal electricity from Dominica to Martinique and Guadeloupe in the Caribbean.
Spain suspends power subsidies to reduce deficit
- 2012-01-28 16:35:21
- Junior Isles
The Spanish government has suspended subsidies for new renewable energy projects as part of its efforts toward a deficit reduction strategy.
