Moody’s says the latest cuts hurt the credit quality of Abengoa and Concentrating Solar Power (CSP) companies. The reduced income decreed to affect seriously concentrated solar power companies like Abengoa and Acciona, and have been affected by the arbitrary decision of the spanish government. The credit rating agency Moody’s believes that the measures taken by the … Continue reading Spanish Concentrating Solar Power (CSP) companies face rating downgrades
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100 GW Solar Photovoltaic, 282 GW Wind Energy Globally
An estimated 30 GW of solar PV capacity was connected to the grid globally in 2012; around the same level as 2011. The countries that added the most PV power to their grids were Germany (7.6 GW), China (estimated between 3.5 and 4.5 GW) and Italy (3.3 GW). The United States added 3.2 GW in … Continue reading 100 GW Solar Photovoltaic, 282 GW Wind Energy Globally
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Ukraine: European investors to develop renewable energy project in next five years
European investors in the next five years will be injecting their funds in the development of renewable energy sources (RES) rather than in the construction of traditional generating facilities working on fossil fuels, according to representatives of gas companies surveyed by British-based Gas Strategies Group at the European Autumn Gas Conference (EAGC 2012). According to … Continue reading Ukraine: European investors to develop renewable energy project in next five years
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Global solar photovoltaic capacity passes 100 GW
Thee European Photovoltaic Industry Association (EPIA, Brussels, Belgium) has announced that the world’s cumulative solar photovoltaic (PV) capacity has reached 101 GW, with 30 GW of new capacity connected to the grid in 2012. It was only in 2008 when the wind energy industry — considered the most mature of renewables — surged past the … Continue reading Global solar photovoltaic capacity passes 100 GW
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Spanish government is destroying ten years of wind energy development
For the last 100 days, wind energy has provided more of Spain’s power than any other source. Yet the government is cutting support for the sector and putting a major electricity provider – and domestic industry – at risk. Heikki Willstedt Mesa, Energy Policies Director for the Spanish Wind Energy Association (AEE) explains why the … Continue reading Spanish government is destroying ten years of wind energy development
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EU wind power now 7 percent, but industry challenged in 2013
The European Union wind energy sector installed 11.6 gigawatts (GW) of capacity in 2012—enough additional power for the continent to now meet 7 percent of its electricity needs–according to the 2012 annual statistics released this week by the European Wind Energy Association (EWEA). The megawatts added in 2012 bring the E.U.’s total wind power capacity … Continue reading EU wind power now 7 percent, but industry challenged in 2013
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Kazakhstan unveils solar energy goals
Under a call to build a “green economy”, the government of Kazakhstan has announced plans to build 1.04 GW of renewable energy capacity in the nation by 2020, including four solar photovoltaic (PV) plants. Press reports cited by PV-Tech indicate that the four PV plants will total 77 MW. The announcement was made at a … Continue reading Kazakhstan unveils solar energy goals
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Smart Energy: Five Metatrends to Watch in 2013 and Beyond
The Smart Energy paradigm is fast evolving from niche markets into a standardized part of the global energy portfolio. Oil majors, national governments, and technology developers have all reached the consensus that a more diversified energy mix is critical to sustainable economic growth in the future. As a result of this development, combined with the … Continue reading Smart Energy: Five Metatrends to Watch in 2013 and Beyond
Continue readingWind energy capacity grew 20% globally in 2012
A relative slowdown in new wind turbine construction in China was offset by big increases in the US, followed by Germany, India and the UK – though renewable energy as a whole has fallen. Wind power expanded by almost 20% in 2012 around the world to reach a new peak of 282GW of total installed … Continue reading Wind energy capacity grew 20% globally in 2012
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LM Wind Power calls on the Indian government to continue the Generation Based Incentive
Leading components supplier to the wind industry, LM Wind Power, today requested the Indian Government, Ministry of New and Renewable Energy, to re-instate the Generation Based Incentive (GBI) and Accelerated Depreciation Benefits (AD) for the wind energy sector. These measures encourage long-term investment in the wind energy industry which has become one of the key … Continue reading LM Wind Power calls on the Indian government to continue the Generation Based Incentive
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EWEA’s 2013 Annual Event sounds notes of caution and optimism
With the highest-level movers and shakers of the wind energy world, and greatly influential politicians and analysts including International Energy Agency Chief Economist Fatih Birol, EWEA’s 2013 Annual Event hit the renewable energy headlines this year. It was the event at which Birol called fossil fuel subsidies “public enemy number one”, while Christian Kjaer EWEA’s … Continue reading EWEA’s 2013 Annual Event sounds notes of caution and optimism
Continue readingGlobal Wind Energy: Solid Growth in 2012
China, US vie for wind power market leader position at just over 13 GW of new capacity each. The Global Wind Energy Council released its 2012 market statistics today, showing continued expansion of the market, with annual market growth of almost 10%, and cumulative capacity growth of about 19%. A record year for US installations … Continue reading Global Wind Energy: Solid Growth in 2012
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Solar Energy International (SEI) Responds to Colorado’s Million Solar Roofs Campaign
In response to the Colorado Solar Energy Industry Association’s recent release of their Million Solar Roofs Campaign Solar Energy International (SEI) has expanded the amount of Colorado based training opportunities for 2013. Christopher Turek, Director of Online and Student Services for SEI said, “The increase of residential solar installations across the state is going to … Continue reading Solar Energy International (SEI) Responds to Colorado’s Million Solar Roofs Campaign
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China, US lead global wind energy installations in 2012: 44,711 MW was installed during the year
The US and China shared equal honours as the largest markets for new wind energy capacity in 2012, according to the latest data released by the Global Wind Energy Council. According to the Global Wind Energy Council, the US enjoyed a late surge in installations caused by the expiry of a production tax credit (PTC) … Continue reading China, US lead global wind energy installations in 2012: 44,711 MW was installed during the year
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Concentrating Solar Power to be reborn in the Mojave
During the next months, work will begin on 3.24GW of large concentrating solar power (CSP) plants that have been approved by the California Energy Commission (CEC) and the U.S. Bureau of Land Management (BLM) since August 25, 2010. Two more projects are in various stages of approval, and if approved at current capacities this will … Continue reading Concentrating Solar Power to be reborn in the Mojave
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2012 solar photovoltaic year in review
The difficulties that the global solar energy industry experienced in 2012 were both clear and expected. Continuing excess solar photovoltaic (PV) manufacturing capacity spurred a collapse in prices across the PV value chain, creating consistently negative margins and negative profitability for upstream PV manufacturers. This led to a large number of bankruptcies, insolvencies and acquisitions, … Continue reading 2012 solar photovoltaic year in review
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Canada Pension Fund Poised for Stake in UK Wind Farm
A Canadian pension fund is poised to make a 500 million pound ($790 million) swoop for a stake in the London Array, the world’s largest offshore wind farm, the Sunday Times Reports, without citing sources. The U.K. paper says it is understood that pension fund Caisse de Depot et Placement du Quebec is close to … Continue reading Canada Pension Fund Poised for Stake in UK Wind Farm
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Launch of Strategic Research Agenda for Solar Thermal Electricity setting out R&D plans towards 2025
ESTELA, the European Solar Thermal Electricity Association, has launched its first Strategic Research Agenda, which is highly welcomed and considered by the DG for Research & Innovation of the European Commission. Since its creation in 2007, ESTELA has developed its scientific and technical activities supporting research and innovation and establishing priorities in short and long-term … Continue reading Launch of Strategic Research Agenda for Solar Thermal Electricity setting out R&D plans towards 2025
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Nissan wants one-stop shopping for its electric vehicles and home chargers
More than three years ago, Nissan (NASDAQ: NSANY) chose AeroVironment (NASDAQ: AVAV) as the preferred home charging station of choice for its all-electric Leaf. On Thursday, the integration between purchasing a car and using an AeroVironment charger has been significantly streamlined. AeroVironment has a new dealer program that allows for residential charging packages for car … Continue reading Nissan wants one-stop shopping for its electric vehicles and home chargers
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Nearly 27,000 Off-Grid Remote Sensing Power Systems Using Renewable Will be Deployed Annually by 2020
Remote sensing systems, including light detection and ranging (LIDAR) and supervisory control and data acquisition (SCADA) systems for the oil and gas industry, as well as remote monitoring using telemetry for environmental applications, represent a growing market for off-grid power. Increasingly this power is being supplied by renewable energy and alternative sources, such as fuel … Continue reading Nearly 27,000 Off-Grid Remote Sensing Power Systems Using Renewable Will be Deployed Annually by 2020
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