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.
Drax Group has said it is ready to significantly boost its renewable power generation to switch the Drax power plant to mainly biomass-fuelled generation, if the UK Government makes it affordable through subsidies.
Desert Sunlight Holdings has received an approval from the USA Federal Department of Interior for building the 550 MW Desert Sunlight solar farm in California.
US venture capital investment in clean technology, including power generation, shrank 44 per cent to $1.1 billion during second quarter 2011 compared to the same period last year, according to analysis from Ernst & Young.
Sempra Generation has signed a power purchasen agreement (PPA) with Pacific Gas & Electric of San Francisco to sell the utility 150 MWs of electricity generated at its Copper Mountain Solar complex in Boulder City.
Studies by the Massachusetts Institute of Technology (MIT) suggest that new technologies intended to increase use of renewable energy could destabilise the power grid if they are not matched with careful pricing policies.