Asia, led by Japan, has become the largest market for China’s solar power products, as exports to Europe plummet amid trade disputes, an industry official said on Tuesday. Sales of solar cells, modules and related products to Europe fell about 62 percent last year to $3.7 billion. In contrast, sales to Asian customers soared 124 … Continue reading Solar power sales grow in Asia
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OPIC Board of Directors Approves Commitment to Israel Concentrated Solar Power (CSP) Plant
The Board of Directors of the OPIC approved a $250 million loan to Negev Energy-Ashalim Thermo-Solar, Ltd. to support construction of a 110-megawatt concentrated solar power (CSP) plant in Israel’s Negev Desert. The Board of Directors of the Overseas Private Investment Corporation (OPIC) today approved a $250 million loan to Negev Energy-Ashalim Thermo-Solar, Ltd. to … Continue reading OPIC Board of Directors Approves Commitment to Israel Concentrated Solar Power (CSP) Plant
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Gamesa signed 49.3 MW wind power contract with CGN Wind Energy in China
The company will deliver 25 G97-2.0 MW wind turbines for a wind farm being built in Shandong province. The wind turbines are specially designed for low wind sites. Gamesa, a global technology leader in wind energy, has signed an agreement to supply 49.3 MW to the Chinese company CGN Wind Energy, subsidiary of general Nuclear … Continue reading Gamesa signed 49.3 MW wind power contract with CGN Wind Energy in China
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Siemens to invest 260 mln USD in Britain’s wind energy facilities
Siemens announced Tuesday that it will invest 260 million U.S. dollars in offshore wind turbine production and installation facilities in Yorkshire of England. The revised plan of the German engineering and electronics giant will be spread across two sites comprising the previously announced Green Port Hull project construction, assembly and service facility and a new … Continue reading Siemens to invest 260 mln USD in Britain’s wind energy facilities
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China’s renewables revolution
China’s energy revolution, which underpins its transformation into the world’s largest manufacturing system (the new “workshop of the world”), continues to astonish all observers and to terrify some. China is known widely as the world’s largest user and producer of coal, and the world’s largest emitter of carbon dioxide and other greenhouse gases. This is … Continue reading China’s renewables revolution
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3 Strong Trends in the Electric Vehicle Market
Springtime is the time of year where we start to see the first signs of growth; the green shoots of what will turn into a verdant garden or a bountiful harvest. As the first quarter of 2014 comes to a close, we are seeing some encouraging signs that both electric sales, and their benefits, will … Continue reading 3 Strong Trends in the Electric Vehicle Market
Continue readingSiemens to construct factory for offshore wind power in Great Britain
Siemens is investing more than EUR190 million (GBP160 million) in new offshore production facilities in Great Britain. Production of rotor blades for offshore wind turbines of the 6-megawatt class is planned, with a new logistics- and service centre slated for Hull. The British Prime Minister David Cameron and Michael Suess, member of the managing board … Continue reading Siemens to construct factory for offshore wind power in Great Britain
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World’s first self-cleaning solar power plant in Israel
Soiling – the accumulation of dirt and dust on photovoltaic solar panel surfaces – is one of the greatest impediments to solar energy production, and can reduce panel energy output by up to 35%. Located in the hot southern stretch of Israel’s Negev desert, between the Gulf of Aqaba and the southern tip of the … Continue reading World’s first self-cleaning solar power plant in Israel
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Siemens to build major offshore wind power manufacturing site in the UK
Today, Siemens has announced its decision to invest £160 million (EUR190m) in wind turbine production and installation facilities in Yorkshire. The revised plan will be spread across two sites comprising the previously announced Green Port Hull project construction, assembly and service facility and a new rotor blade manufacturing facility in nearby Paull, in East Riding. … Continue reading Siemens to build major offshore wind power manufacturing site in the UK
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Atkins awarded contract for Dudgeon Offshore Wind Farm
Atkins has been awarded an engineering contract for the Dudgeon Offshore Wind Farm which will power more than 400,000 UK homes each year. The contract will cover all design and engineering services for the monopile foundations for the 6.0 MW turbines as well as management assistance during fabrication and installation. David Parkin, managing director for … Continue reading Atkins awarded contract for Dudgeon Offshore Wind Farm
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Photovoltaic solar energy now same price as conventional power in Germany, Italy, Spain
Solar energy now costs the same as conventionally generated electricity in Germany, Italy and Spain, a report has revealed. The research has warned, however, that high installation costs are impeding other countries from achieving grid parity. An analysis by consulting firm Eclareon, carried out on behalf of an international group of sustainable energy interests has … Continue reading Photovoltaic solar energy now same price as conventional power in Germany, Italy, Spain
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Financing for Canada Wind Farm
Samsung C&T Corp. (000830), Pattern Energy Group Inc. and Capital Power Corp. (CPX) started construction on a 270-megawatt wind farm in Canada after arranging $850 million in financing. The K2 Wind Power Project near Goderich, in southern Ontario, will provide energy for about 100,000 homes, San Francisco-based Pattern said today in statement. The construction loan … Continue reading Financing for Canada Wind Farm
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Cemex to invest in wind energy in Mexico
Cemex plans to develop a wind power project in Nuevo Leon state, Mexico with an investment of US$600m, according to chairman and CEO Lorenzo Zambrano. The project will consist of two wind farms that cost US$300m each, which could be installed within two years. Cemex will use at least 10% of the power output and … Continue reading Cemex to invest in wind energy in Mexico
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Uruguay’s Public Transport Goes Electric
This year the first 50 electric taxis will ply the streets of the Uruguayan capital. Taxi fleets in Bogotá and London are also incorporating electric vehicles, said Campal, and they are already in service in Hong Kong and the Chinese city of Shenzhen, where they are made. But in Montevideo, it has not yet been … Continue reading Uruguay’s Public Transport Goes Electric
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Wind power Nordex posts first net profit in three years
On the basis of its audited consolidated financial statements, Nordex (ISIN: DE000A0D6554) confirms the preliminary figures for 2013 which it had reported in February. Thus, consolidated sales rose by around 33 percent to EUR 1,429.3 million (previous year: EUR 1,075.3 million), with return on sales widening to 3.1 percent. Consolidated profit after interest and taxes … Continue reading Wind power Nordex posts first net profit in three years
Continue readingEnel Green Power funds its wind energy projects in Mexico
Enel Green Power SpA (“Enel Green Power”), acting through its Dutch subsidiary Enel Green Power International BV, the financial and controlling holding company of international subsidiaries of the Enel Green Power Group, has signed a 153 million euro loan agreement with Banco Santander as lender, sole lead arranger and agent. The agreement is covered by … Continue reading Enel Green Power funds its wind energy projects in Mexico
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India’s JNNSM (Concentrated Solar Power) CSP program
India: the future of five Concentrated Solar Power (CSP) plants is still uncertain. The 100 MW Rajasthan Sun Technique, being developed by Reliance Power and set to come on stream in a month, offers some lessons on how the concentrated solar power (CSP) can become a viable technology in India. Of the seven CSP plants … Continue reading India’s JNNSM (Concentrated Solar Power) CSP program
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US $870m Financing Agreements Get Signed as Biggest Wind Power in Africa
The Lake Turkana Wind Power Project (http://ltwp.co.ke) meant to add an existing 300MW of reliable, low cost wind energy to the national grid of Kenya reached a critical milestone following the signing of the financial agreements in Nairobi, Kenya. “The signing of the over US $870m financing agreements represents a major breakthrough to actualizing the … Continue reading US $870m Financing Agreements Get Signed as Biggest Wind Power in Africa
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Wind energy forward in Pakistan
The government is in process of implementing around 29 different wind farms as per its plan to enhance power production in the country. Among these wind farms, two wind power projects with capacity of 106.4 MW have achieved commercial operation and are supplying electricity to national grid. Besides, three wind farms, having a cumulative capacity … Continue reading Wind energy forward in Pakistan
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India may see slow growth in solar energy capacity addition, photovoltaic and Concentrated Solar Power (CSP)
As on January 31, 2014, cumulative grid-interactive solar power installed capacity in the country stood at 2,208 MW, which was 7 per cent of India’s total renewable power capacity. Several factors are being cited for the slow growth in solar energy capacity addition. With a few exceptions, there are no Jawaharlal Nehru National Solar … Continue reading India may see slow growth in solar energy capacity addition, photovoltaic and Concentrated Solar Power (CSP)
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