The rate of wind turbine installations slowed 7 per cent last year, though almost 36 GW of wind capacity was installed worldwide, according to figures released by the Global Wind Energy Council (GWEC).
UK power project developer Renewable Energy Generation Ltd. has seen its stock jump 28 per cent after it announced it had turned down a takeover offer valuing the company at 67.7 pence a share.
UK energy regulator Ofgem has announced a £95 million upgrade of Scotland’s high voltage grid.
Solar photovoltaic (PV) would be more economically viable than oil-fired electricity generation in oil-rich Gulf states, according to Bloomberg New Energy Finance (BNEF).
Global investment in clean energy reached a record of $243 billion in 2010, a 30 per cent increase on 2009 levels, according to research house Bloomberg New Energy Finance (BNEF).
Eighty companies have signed Power Purchase Agreements (PPAs) for generation of 950 MW of solar power in the Indian state of Gujarat, according to Pranav Mehta, founder and chairman of the Solar Energy Association of Gujarat.
The Subic Bay Metropolitan Authority (SBMA) in the Philippines has given the green light for the establishment of renewable energy projects in its freeport worth $125 million, officials have said.
The UK installed solar power generation capacity at a record rate last year, data from the energy regulator Ofgem show.
China has unveiled a raft of targets for its energy and power sectors, revealing a plan for a rapid increase in power generation.
Iberdrola Renewables has reportedly contracted more than 700 MW of power purchase agreements (PPA) for wind energy products during 2010, and the company is looking forward to possibilities to complete 1000 MW.