Renewable energy will represent the largest single source of electricity growth over the next five years, driven by falling costs and aggressive expansion in emerging economies, the IEA said Friday in an annual market report. Pointing to the great promise renewables hold for affordably mitigating climate change and enhancing energy security, the report warns governments … Continue reading Renewables to lead world power market growth to 2020
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SkyPower Signs PPA to Deliver 150 Megawatts of Solar Power to the Indian State of Madhya Pradesh
SkyPower has entered into a long-term power purchase agreement (PPA) with the Government of Madhya Pradesh to provide 150 megawatts (MW) AC of utility-scale solar power to the Indian state. “SkyPower is committed to making a powerful contribution to India’s goal of generating 100 gigawatts of solar power by 2022,” said Kerry Adler, SkyPower … Continue reading SkyPower Signs PPA to Deliver 150 Megawatts of Solar Power to the Indian State of Madhya Pradesh
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SkyPower Signs Agreement to Build 200 MW of Solar Power Projects in Djibouti
SkyPower, the world’s largest developer and owner of utility-scale solar photovoltaic (PV) energy projects, has signed a landmark agreement with the Republic of Djibouti for the development of 200 MW of world-class solar projects to be built in four phases in Djibouti over the next four years. “Africa has become a global hub for … Continue reading SkyPower Signs Agreement to Build 200 MW of Solar Power Projects in Djibouti
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SkyPower Announces 2 GW of Solar Energy Projects in Bangladesh
During the 70th United Nations General Assembly in New York, SkyPower, the world’s largest developer and owner of utility-scale solar projects, made a historic announcement with Prime Minister Hasina, unveiling its plans to build 2 GW of utility-scale solar energy over the next five years in Bangladesh, representing an investment of US $4.3 billion. … Continue reading SkyPower Announces 2 GW of Solar Energy Projects in Bangladesh
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Zimbabwe Launches Solar Energy Policy
Zimbabwe’s government has launched a solar energy campaign as it battles to find a solution to its perennial power shortages. Through increased use of solar, the government hopes to cut residential power usage by 40 percent. Energy Minister Samuel Undenge announced the policy Wednesday, a week after state power utility Zesa restricted most homes to … Continue reading Zimbabwe Launches Solar Energy Policy
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Renewables will boost Japan’s installed capacity to 390 gigawatts by 2025
Japan’s cumulative installed capacity will rise from 317.5 Gigawatts (GW) in 2014 to an estimated 389.8 GW by 2025, representing a moderate Compound Annual Growth Rate (CAGR) of 1.9%, according to research and consulting firm GlobalData. The company’s latest report states that while thermal sources will contribute the majority of installed capacity, with an expected … Continue reading Renewables will boost Japan’s installed capacity to 390 gigawatts by 2025
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Enel Green Power acquires Indian renewables energy firm BLP Energy
Enel Green Power (“EGP”) has today announced the acquisition of a majority stake in BLP Energy (“BLP”), the utility scale wind and solar subsidiary of Bharat Light & Power Pvt Ltd (“BLP Group”) for a total consideration of approx. 30 million euros. With this transaction EGP enters the Indian renewables market, marking the Group’s … Continue reading Enel Green Power acquires Indian renewables energy firm BLP Energy
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Renewable energy charges ahead in Africa
The amount of money being deposited into African projects, particularly in energy and power distribution, increased by nearly 50% in 2014, according to a study by Deloitte. One of the most exciting projects was the Grand Inga Hydro Power Project, seen as a potential continental game changer. Initial estimates are that the massive project could … Continue reading Renewable energy charges ahead in Africa
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Greenpeace Report Finds 100 Percent Renewable Energy Possible by 2050
Greenpeace released its 2015 Energy [R]evolution report, which finds that a global phase out of fossil fuels and shift towards 100 percent renewable energy is possible by 2050. The analysis, researched in collaboration with the German Aerospace Centre (DLR), shows that the transition to renewables would create jobs and be cost competitive. The necessary investment … Continue reading Greenpeace Report Finds 100 Percent Renewable Energy Possible by 2050
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Iberdrola to provide services to small solar photovoltaic energy producers
Iberdrola has launched a new retail product External link, opens in new window. Open in new window. geared towards small photovoltaic solar energy producers in Spain. On the one hand, the company will provide financial coverage so that the customer can ensure profitability and on the other, it will be in charge of maintenance work … Continue reading Iberdrola to provide services to small solar photovoltaic energy producers
Continue readingConcentrated solar power a better alternative for Africa
In recent years, we have seen a global move towards the use of renewable energy, in particular photovoltaic (PV) solar energy. However, PV generation is not necessarily the obvious choice for Africa. Concentrated solar power (CSP) may be a better alternative, as it is particularly suited to sunbelt countries. South Africa is seen by many … Continue reading Concentrated solar power a better alternative for Africa
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SolarReserve Receives Award From U.S. Department of Energy SunShot Initiative to Develop Advanced Design Concentrated Solar Technology
SolarReserve, a leading global developer of utility-scale solar power projects and advanced solar thermal energy storage technology, announced today that it is the recipient of a CSP APOLLO program award from the U.S. Department of Energy SunShot Initiative. The Concentrating Solar Power: Advanced Projects Offering Low LCOE Opportunities (CSP: APOLLO) program funds research and development … Continue reading SolarReserve Receives Award From U.S. Department of Energy SunShot Initiative to Develop Advanced Design Concentrated Solar Technology
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Kuwait signs $385 mn solar energy project
Kuwait signed a contract worth 116 million dinars ($385 million) with Spain’s TSK Group on Thursday for a 50 megawatt solar energy project as part of its renewable energy drive. The oil-rich Gulf state has a multi-billion-dollar plan to meet 15 percent of power demand from renewables by 2030. Electricity and Water Minister Ahmad … Continue reading Kuwait signs $385 mn solar energy project
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Installing 1,393 MW of Photovoltaic in Q2 2015, U.S. Solar Power Market Surpasses 20 GW
Continuing on its record-breaking trajectory, the United States solar industry surpassed 20 gigawatts (GW) of total operational solar photovoltaic (PV) capacity during the second quarter of this year. According to GTM Research and the Solar Energy Industries Association’s (SEIA) Q2 2015 U.S. Solar Market Insight Report, the U.S. installed 1,393 megawatts[i] of PV last quarter, … Continue reading Installing 1,393 MW of Photovoltaic in Q2 2015, U.S. Solar Power Market Surpasses 20 GW
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Concentrated Solar Power plant launched in Uganda
The Concentrated Solar Power plant, with full capacity at 1.6 MW, benefitting over 20,000 customers, is the largest in East Africa. One of the largest Concentrated Solar Power plants in East Africa has been inaugurated in Uganda on Kalangala Island in Lake Victoria, as the region sets the pace in electricity generation investments. The Concentrated … Continue reading Concentrated Solar Power plant launched in Uganda
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Chinese-built solar power project benefits locals in Cameroon
The Mvomeka village solar power station project constructed by Huawei Technologies Company Cameroon Ltd. in Cameroon’s South Region has brought benefit to around 15,000 villagers. The completion ceremony of Mvomeka village solar power station project phase II was held Thursday in Mvomeka village with the participation of Cameroonian Water Resources and Energy Minister Atangana Kouna … Continue reading Chinese-built solar power project benefits locals in Cameroon
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Enel Green Power will invest about US $ 600 million in solar power in Brazil
EGP has been awarded the right to sign 20-year energy supply contracts in Brazil for a total of 553 MW with its three new solar photovoltaic projects Horizonte MP (103 MW), Lapa (158 MW) and Nova Olinda (292 MW) following the “Leilão de Reserva” public tender. The addition of this award to EGP’s existing operational … Continue reading Enel Green Power will invest about US $ 600 million in solar power in Brazil
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Fossil Fuels Losing Cost Advantage Over Solar Energy, Wind Power, IEA Says
The cost of producing electricity from renewable sources such as solar and wind has dropped significantly over the past five years, narrowing the gap with power generated from fossil fuels and nuclear reactors, according to the International Energy Agency. “The costs of renewable technologies — in particular solar photovoltaic — have declined significantly over the past … Continue reading Fossil Fuels Losing Cost Advantage Over Solar Energy, Wind Power, IEA Says
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Kerala airport now runs entirely on solar energy
The airport company hopes to generate 18 million units of power a year from its 12 megawatt generation facility on the airport premises. That will also cut 175,000 tonnes of carbon emissions over the next 25 years, according to CIAL officials. That, they say, is the equivalent of planting three million trees or running a … Continue reading Kerala airport now runs entirely on solar energy
Continue readingEl Salvador is seeking 150 MW from renewable energy, wind power and solarenergy
El Salvador’s national energy council is seeking 150MW of capacity from renewable energy sources including wind power and solar energy. The Council is kicking off a tendering process after learning the results of a study that determined the maximum capacities of wind power and solar photovoltaics the network can handle. The tender will be … Continue reading El Salvador is seeking 150 MW from renewable energy, wind power and solarenergy
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