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OPIC approves $310 million for geothermal project in Kenya
- 2011-09-23 05:59:06
- David Flin
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 receives $4.1m in wind research funding
- 2011-09-20 21:35:32
- Junior Isles
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.
CEB struggling with monsoon failure
- 2011-09-09 06:42:30
- David Flin
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.
DOE awards over $145 million for future solar tech
- 2011-09-07 06:22:59
- David Flin
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.
Japanese nuclear still competitive after compensation payouts, study shows
- 2011-09-03 19:04:37
- Junior Isles
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 solar growth depends on banks ending loan drought
- 2011-08-26 06:43:47
- David Flin
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 plans to boost UK green energy if subsidies come soon
- 2011-08-15 11:22:41
- Junior Isles
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 receives approval for 550 MW solar project in USA
- 2011-08-11 08:16:32
- David Flin
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 clean tech investment takes a nosedive
- 2011-08-09 18:32:09
- Junior Isles
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 signs off another solar PPA with PG
- 2011-08-05 16:42:19
- Junior Isles
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.
