Tag Archives: renewable energy

Chile wants to generate 20 percent from renewable energy: wind power, Concentrated Solar Power, PV and Geothermal Energy

Chile is one of the most lively renewable energy markets in Latin America and is a solid nation that is evolving and had ambitious targets. Enel Green Power has a portfolio of 272 megawatts of installed hydro and wind power capacity in the country and is currently completing the construction of the Diego de Almagro … Continue reading Chile wants to generate 20 percent from renewable energy: wind power, Concentrated Solar Power, PV and Geothermal Energy

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Renewable energy is ready to supply all of Australia’s electricity

In a recent article on The Conversation, University of Melbourne Professor Emeritus Frank Larkins wrote that Australia’s targets to increase renewable energy will make electricity more expensive, thanks to problems with consistency and storage. But Professor Larkins is several years behind developments in renewable energy and its integration into electricity grids. In fact, we already … Continue reading Renewable energy is ready to supply all of Australia’s electricity

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$63.6 billion renewable energy investment for Q2 2014

Bloomberg New Energy Finance has released some promising numbers regarding clean energy investments around the world. $63.6 billion was invested in the second quarter of 2014, which was an improvement of 33% over the first quarter of 2014. It was also a 9% improvement over the second quarter for 2013. The record was $78 billion … Continue reading $63.6 billion renewable energy investment for Q2 2014

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Iberdrola Ingeniería completes first Renewable Energies Project in South Africa

Iberdrola Ingeniería has completed the development of its first renewable energies project in South Africa, consisting of the construction of three major facilities: the Noblesfontein and Klipheuwel wind farms and the Jasper photovoltaic power plant. Following the award of three contracts worth €273 million, it is the largest project carried out to date by the Company … Continue reading Iberdrola Ingeniería completes first Renewable Energies Project in South Africa

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Webinar provides clarity to Mexico’s energy Reform impact on renewable energy

Mexico is currently debating in congress the secondary laws that will have a profound change in the country’s energy sector, opening the private investment and affecting directly the renewable energy industry. FCBI LATAM has organized a free webinar to clarify the renewable energy framework going forwards. Guaranteeing the development of renewable projects in the immediate … Continue reading Webinar provides clarity to Mexico’s energy Reform impact on renewable energy

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Wind power in Seychelles islands: wind turbines producing desired output

The tall wind turbines which can be seen on arrival into Port Victoria have been producing clean energy for the Seychelles islands for the last 12 months, as part of the Indian Ocean archipelago’s first large scale renewable energy project. With a target of producing 5 percent of electricity generation from renewable energy sources by … Continue reading Wind power in Seychelles islands: wind turbines producing desired output

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Renewable energy covers 42 pct of Spain’s electricity needs in 2013

A study published by the Spanish Electricity Network (Red Electica Espanola) on Thursday showed renewables covered 42.2 percent of the demand for electricity in mainland Spain in 2013 with wind energy the main contributor. Wind energy produced 21.2 percent of the country’s electricity, 3.1 percent up on the 18.1 percent from 2012. Meanwhile, hydro-electric power … Continue reading Renewable energy covers 42 pct of Spain’s electricity needs in 2013

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Renewable energy investing in China

Foreign investors visiting China receive a personal introduction to clean energy—or at least its importance. With every breath, one is reminded that China relies on coal for 65-70 percent of its energy needs—40 percent above the world average—and leads the world in carbon emissions. The latest annual environmental report revealed that acid rain fell upon … Continue reading Renewable energy investing in China

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Cuba fosters renewable energy

Cuba is currently fostering renewable-energy projects to change the structure of its energy sources, reduce dependence of imported fossil fuels, costs and environmental pollution. Minister of Energy and Mines Alfredo Lopez reported today to the parliamentary commission of Industry, Constructions and Energy that investments are being prepared and negotiations developed for the year 2015, regarding … Continue reading Cuba fosters renewable energy

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Climate Investment Funds expands to 63 countries

Fourteen developing countries in Africa, Asia, Latin America and the Caribbean have been invited to participate in the Climate Investment Funds’ (CIF) Scaling Up Renewable Energy in Low Income Countries Programme (SREP), plus an additional country to the Clean Technology Fund (CTF), expanding the CIF’s reach to a total of 63 countries. The decisions came … Continue reading Climate Investment Funds expands to 63 countries

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557 GW of new renewable energy capacity to come online in Europe by 2030

The next decade and a half will see renewable energy raise its share of European electricity generation capacity from 40% in 2012, to 60% in 2030, while the share of fossil-fuel sources such as coal and gas falls from 48% to 27%, according to a major report from research company Bloomberg New Energy Finance. The … Continue reading 557 GW of new renewable energy capacity to come online in Europe by 2030

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ADFD grants Dh33m loan to bolster renewable energy sector in Sierra Leone

Abu Dhabi Fund for Development, ADFD, has signed a loan agreement with the government of Sierra Leone, by which the fund will provide more than Dh33 million in financing to the Solar Park Freetown project. Mohammad Saif Al Suwaidi, Director General of ADFD, and Dr. Kaifala Marah, Minister of Finance and Economic Planning in Sierra … Continue reading ADFD grants Dh33m loan to bolster renewable energy sector in Sierra Leone

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Germany’s passes reform of renewable energy subsidies

The German parliament on Friday passed a law to reform the system of renewable energy subsidies, clearing the first hurdle for Chancellor Angela Merkel‘s election promise to curb rising energy prices. Responding to public opposition to nuclear technology, Germany is gradually shutting down all its nuclear power plants, which once delivered a quarter of its … Continue reading Germany’s passes reform of renewable energy subsidies

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Scotland’s renewable energy electricity rises 50 pct in first quarter

The overall increase is primarily due to a record quarter of hydro output, 9.2 percent higher than the previous record quarter at the end of 2011, while wind power is also at record levels, 4 percent higher than the previous record quarter. Scotland’s renewable electricity output rose by 50 percent year-on-year in the first quarter … Continue reading Scotland’s renewable energy electricity rises 50 pct in first quarter

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Renewable Energy in the 50 States

The Northeast Region Report, the first portion of the American Council On Renewable Energy’s (ACORE) 7th annual Renewable Energy in the 50 States report, was released today. The first in a four-part series, this portion focuses on the renewable energy sector in the eleven Northeastern states plus the District of Columbia (ME, NH, VT, MA, … Continue reading Renewable Energy in the 50 States

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Evolving Business Models for Renewable Energy

The American Council On Renewable Energy (ACORE) today announced the release of a groundbreaking report titled Evolving Business Models for Renewable Energy. Jointly authored by ACORE members ScottMadden, Sullivan & Worcester, American Clean Energy, RES Americas, Abengoa Solar and Siemens, this resource explores key issues and provides recommendations related to evolving utility and other business … Continue reading Evolving Business Models for Renewable Energy

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72% of Australians want to keep or expand renewable energy, as Abbott government considers abolishing it

Australians overwhelmingly want the renewable energy target to be retained or even increased, as the Abbott government considers abolishing the incentive for new renewable projects. Polling for the Climate Institute shows 72% of Australians want to keep or expand the renewable energy target (RET), which requires that 20% of energy is sourced from renewables by … Continue reading 72% of Australians want to keep or expand renewable energy, as Abbott government considers abolishing it

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IRENA calls on all governments to scale up renewable energy efforts

As the global community faces important energy choices, the International Renewable Energy Agency (IRENA) director-general has called on all governments to scale up their renewable energy investment in order to reach a ” sustainable energy future.”   Adnan Amin told Xinhua in an interview that “IRENA’s vision is to be the global voice of renewable … Continue reading IRENA calls on all governments to scale up renewable energy efforts

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Morocco poised as ‘regional leader’ in renewable energy

A senior US trade official has said Morocco is positioned as a “regional leader” in the field of renewable energy and is extremely appealing to US investors. “Morocco is extremely appealing to US investors in the field of renewable energies. These investors are encouraged by the specific plan put in place and the Interest and … Continue reading Morocco poised as ‘regional leader’ in renewable energy

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French nuclear more costly than renewables by 2020

  Electricity produced by onshore wind and solar plants may become more competitive with power generated by upgraded nuclear plants in France by the end of this decade, a study by environmental group Greenpeace showed on Thursday. The study comes a week before Energy Minister Segolene Royal presents the broad lines of a much-delayed framework … Continue reading French nuclear more costly than renewables by 2020

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