Solar Photovoltaic Demand To Reach 31 Gigawatts In 2013

Solar photovoltaic (PV) demand will increase two gigawatts (GW), from 29 GW to 31 GW during 2013, up 7% Y/Y according to the new NPD Solarbuzz Marketbuzz 2013. For the first time, China will outpace Germany to become the leading PV consumer, while the top 10 PV territories will still account for 83% of global … Continue reading Solar Photovoltaic Demand To Reach 31 Gigawatts In 2013

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Nordex: substantial increase in sales in 2012

According to its provisional consolidated financial statements for 2012, sales of the Nordex Group (ISIN: DE000A0D6554) rose by 17.3 percent to EUR 1,075.3 million (previous year: EUR 916.8 million), thus matching the Management Board’s forecast. At EUR 14 million, earnings before interest, taxes and exceptionals were also in line with the Board’s expectations (previous year: … Continue reading Nordex: substantial increase in sales in 2012

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Investing in wind energy makes absolute economic sense

Europe’s ageing power plants need replacing. It makes economic sense to replace a growing proportion of those conventional power plants with wind energy. This is because wind energy does the following:   Creates jobs and economic growth in Europe. 238,000 people worked in EU wind energy in 2010. Reduces the cost of importing fossil fuels. … Continue reading Investing in wind energy makes absolute economic sense

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From financial crisis and austerity to the uncertainty crisis

The financial and economic crisis has provoked a wave of uncertainty across the European Union since 2010, with national Governments making damaging retroactive changes to policies and regulations for wind energy. This political uncertainty is deterring financiers and investors and has already caused job losses and negative financial result announcements. The European wind industry is … Continue reading From financial crisis and austerity to the uncertainty crisis

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Competitive, non-subsidized renewables could be a big win for society, and a big loss for utilities

Every new solar panel installed on European rooftops chips away at power utilities’ centralized production model. Unless they reinvent themselves soon, these giants risk becoming the dinosaurs of the energy market. The industry faces drastic change as renewable energy turns consumers into producers and hollows out the dominance of utilities. With their stocks at decade … Continue reading Competitive, non-subsidized renewables could be a big win for society, and a big loss for utilities

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Asia’s largest bike show to feature light electric vehicles

Asia’s largest bike show, scheduled to begin in Taipei on March 20, will focus on light electric vehicles (LEVs), according to Taiwan’s main trade promotion body. The Taipei International Cycle Show will set up an area for the public to give the LEVs a try and also hold seminars, the Taiwan External Trade Development Council … Continue reading Asia’s largest bike show to feature light electric vehicles

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Galaxy Resources produces 99.9% grade lithium

Galaxy Resources (ASX: GXY) is now producing a lithium carbonate of minimum 99.9% purity, registered by Galaxy as EV Grade, which is used specifically in the manufacture of electrolyte solution for lithium-ion batteries. Commercial production has now been achieved from the company’s wholly-owned Jiangsu Lithium Carbonate Plant in China. What is so important though for … Continue reading Galaxy Resources produces 99.9% grade lithium

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India: Dhule solar power plant to be operational from March 20

The Dhule solar power plant which is expected to generate 150 MW power is likely to be made operational from March 20 this year. The first phase would add 50 MW power to the state grid, said government officials. The solar panels spread over 350 hectares of barren land will have ‘thin film’ and ‘crystalline’ … Continue reading India: Dhule solar power plant to be operational from March 20

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Govt incentive will fuel wind energy sector: Gamesa India head

Indian operations of Spanish wind turbine maker Gamesa hopes to 900 MW capacity in wind power this year. Renewal of generation based incentive to wind farm developers will lead to additional capacity of 6,000MW by financial year 2015, Ramesh Kymal, chairman of Wind Turbine Manufacturers Association said here today. Kymal heads the Indian operations of … Continue reading Govt incentive will fuel wind energy sector: Gamesa India head

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AEC signs MoU with KACO new energy of Germany for Solar Energy Development

Advanced Electronics Company (AEC) of Saudi Arabia and KACO new energy of Germany have signed a Memorandum of Understanding (MoU) to develop new business opportunities in the field of Solar Energy, with the focus on Photovoltaic (PV) Inverters. The purpose is to serve the growing demand for energy in Saudi Arabia and the MENA region. … Continue reading AEC signs MoU with KACO new energy of Germany for Solar Energy Development

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World Bank eyes geothermal energy

The World Bank today announced a major international effort to expand renewable power generation in developing countries by tapping an underutilised resource: geothermal energy. World Bank managing director, Sri Mulyani Indrawati called on donors, multilateral banks, governments and the private sector to join a Global Geothermal Development Plan (GGDP) to better manage and reduce risks … Continue reading World Bank eyes geothermal energy

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Karnataka opens solicitation for 130 MW of Concentrating Solar Power and PV

The Indian state of Karnataka has released a request for proposals (RFP) for 130 MW of solar photovoltaic (PV) and concentrating solar power (CSP) projects. The solicitation will use a reverse bidding process, against a benchmark tariff of INR 14.5 (USD 0.266) per kWh for PV and INR 11.3 (USD 0.207) for CSP. Bids must … Continue reading Karnataka opens solicitation for 130 MW of Concentrating Solar Power and PV

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Solar power on track for grid parity in 2014

The Deutsche Bank, a global banking and financial services firm based in Germany, has released a new analysis of the solar energy market, offering predictions of where the market will be heading in the coming year. Notably, the firm is predicting grid parity for numerous markets in Europe and Asia. Grid parity has been an … Continue reading Solar power on track for grid parity in 2014

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Huge development portfolio, little action on photovoltaic plants in Chile

The February 2013 report from Chile’s Renewable Energy Center (CER) finds that even though over 3.1 GW of solar electric plants have received environmental approval in the nation, only 3.3 MW of solar photovoltaic (PV) projects are currently under construction. The report finds another 3.6 MW of operational PV in the nation, and 1.06 GW … Continue reading Huge development portfolio, little action on photovoltaic plants in Chile

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Japan wants big offshore wind power expansion

Environment Minister Nobuteru Ishihara said Saturday he wants to aggressively promote power generation using windmills at sea, a form of alternative energy use still in its infancy in Japan. “I would like to have wind power generation capacity rise to over 1 million kilowatts in 2020,” which would be about 40 times more than the … Continue reading Japan wants big offshore wind power expansion

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Maryland Senate passes wind energy bill

Maryland’s Senate approved Gov. Martin O’Malley’s wind energy bill on Friday, setting up the state to become the second to approve an offshore wind farm. The Democrat-controlled Senate approved the measure 30-15 after repeated failed attempts by Republicans to water down the bill with amendments. It now goes back to the House, which passed it … Continue reading Maryland Senate passes wind energy bill

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RMK Solar and BOSCH Solar Energy Announce Strategic Partnership

RMK Solar and Bosch Solar Energy today announce the completion of a business partnership which combines the core capabilities of both companies. This partnership is a perfect blend of RMK Solar’s system engineering, design and installation experience with Bosch Solar’s latest solar cell technology, high-efficiency solar PV panels, bundled solar solutions and broad range of … Continue reading RMK Solar and BOSCH Solar Energy Announce Strategic Partnership

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WindFacts.ca opens new channel on wind energy dialogue with Canadians

Wind energy is one of the fastest growing major sources of new electricity around the world. In 2012, clean wind energy grew by nearly 20 per cent in Canada, representing over $2.5 billion in investment and creating 10,500 jobs. Canada’s current installed capacity is just over 6,500 MW, generating the equivalent electricity consumed by over … Continue reading WindFacts.ca opens new channel on wind energy dialogue with Canadians

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