A Korean firm, HQMC Korea Company Ltd, has indicated interest to invest $30 billion (about N4.62 trillion) to build 10, 000 megawatts solar power plant in Nigeria. Speaking yesterday in Abuja during a meeting with the management of the Nigerian Investment Promotion Commission (NIPC), the Chief Executive Officer of the Company, Mr. Kin Moon said … Continue reading Korean Firm to Invest U.S.$30 Billion in Solar Power Plants in Nigeria
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China using more wind energy and solar power
Last year, the National Energy Administration set a goal to cap the country’s total energy consumption at four billion tonnes of coal equivalent by 2015, outlining the use of hydropower, wind power, solar power and biomass energy. Clean energy, including natural gas and hydroelectricity, accounts for a bigger proportion of China’s growing energy consumption, according … Continue reading China using more wind energy and solar power
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Steady Growth of the U.S. Solar Jobs Market
The solar industry is one of the fastest growing job markets in the U.S., employing more than 119,000 skilled workers. The market is growing at an annual rate of 13.2 percent. A new report released today by the Solar Foundation tracks the steady growth of America’s solar jobs market over the past twelve months. Now … Continue reading Steady Growth of the U.S. Solar Jobs Market
Continue readingSolar Energy Among the Fastest Growing Job Markets in America
The solar power industry continues to be an engine of job growth — creating jobs six times faster than the overall job market. The latest U.S. figures from The Solar Foundation show a 13 percent increase in high-skilled solar job. This increase in solar jobs — spanning installations, sales, marketing, manufacturing and software development — … Continue reading Solar Energy Among the Fastest Growing Job Markets in America
Continue readingIsofoton to Develop 50 MW Solar Power Plant in Ecuador
Isofoton, a leader in solar technology, and the National Electricity Council of Ecuador (CONELEC) have signed an agreement that enables the construction of a 50MW photovoltaic plant in Ecuador, the first and only one to date to obtain planning permission in the current system of premiums on the feed-in tariff in the country. The plant … Continue reading Isofoton to Develop 50 MW Solar Power Plant in Ecuador
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Gamesa mulls solar energy entry in India
Wind energy manufacturer Gamesa is evaluating the prospects of foraying into the solar power industry in India, a move intended to create a new stream of revenue and strike synergies between two renewable energy sources. Gamesa, whose role in solar power now is limited to marketing inverters and mobile phone chargers, according to Gamesa India … Continue reading Gamesa mulls solar energy entry in India
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EU financing for solar power plant in Burkina Faso
Commissioner Piebalgs announces EU support for building the largest solar power plant in West Africa, ahead of energy ministerial meeting in Addis Ababa Today, EU Development Commissioner Piebalgs announced that the EU will support the construction of what will be the largest African photovoltaic power plant, in Burkina Faso. It will provide 32 gigawatt hours … Continue reading EU financing for solar power plant in Burkina Faso
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Consortium of SolarReserve, Kensani and Intikon completes $586 million financing for two South African solar power projects
The consortium consisting of SolarReserve a U.S. developer of utility-scale solar power projects; the Kensani Group, an experienced empowerment investment and financial advisory player in South Africa; and Intikon Energy, a South African developer of renewable energy projects, has successfully closed financing for two 75-megawatt (MW DC ) solar photovoltaic (PV) projects. The Letsatsi Project … Continue reading Consortium of SolarReserve, Kensani and Intikon completes $586 million financing for two South African solar power projects
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Conergy Wins Contract for Two Solar Power Plants in Thailand
Conergy’s success in Thailand continues and in the process underscores its outstanding market position in Southeast Asia’s growth markets. The solution and service provider has secured a major contract for two solar power plants in Thailand through a tendering procedure, representing a total capacity of 21 megawatts. The awarding authority is Thai Solar Energy Company … Continue reading Conergy Wins Contract for Two Solar Power Plants in Thailand
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Conduit Capital and CAF Invest in 40 Megawatt Peruvian Solar Power Project
Conduit Capital Partners LLC, a private equity investment firm focused on energy infrastructure investment and development in Latin America and the Caribbean, and CAF, development bank of Latin America, today announced that they have invested in the Tacna and Panamericana solar projects in southern Peru, and that the Tacna project has entered into operation. Construction … Continue reading Conduit Capital and CAF Invest in 40 Megawatt Peruvian Solar Power Project
Continue readingChina to expand photovoltaic solar power programs
China is planning to expand pilot programs for promoting the domestic use of photovoltaic (PV) power generation by launching a batch of new pilot projects before the year’s end, an official statement said Monday. The Ministry of Finance said in a statement jointly released with three other government departments that local authorities can apply for … Continue reading China to expand photovoltaic solar power programs
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Mainstream Renewable Power to Start Constructing 238MW of Wind Energy and Solar Power Projects in South Africa
Mainstream Renewable Power has signed the key Financing, Power-Purchase and Implementation Agreements with the South African Government for its wind and two solar projects in South Africa which have a combined investment value in excess of 500 million Euro. Mainstream will issue Notice to Proceed to its construction contractors this week on all three projects … Continue reading Mainstream Renewable Power to Start Constructing 238MW of Wind Energy and Solar Power Projects in South Africa
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Dream of solar energy turns to vision in desert sun
The Desertec project initiated in Germany has a tantalising dream: to generate limitless amounts of cheap, green energy by harnessing the solar power and the wind energy in the deserts of the Mena region. The aim of the world’s most ambitious solar power plan is for Europe to import up to a fifth of … Continue reading Dream of solar energy turns to vision in desert sun
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Chinese interested in Desertec renewables project
Media reports have indicated a big interest of companies globally to invest in a European-African renewables project called Desertec. China has now also joined the ranks of those wanting to secure a piece of the pie. A large-scale green energy project by Europe and North Africa is attracting interest from firms around the globe, the … Continue reading Chinese interested in Desertec renewables project
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Construction to begin on Japan’s largest solar power and wind energy plant located in Tahara City
A groundbreaking ceremony is to be hosted this week in celebration of the start of construction of Japan’s largest solar and wind power plant, located in Tahara City. The major project will be spread over 800,000 sq m and is estimated to generate 67,500 megawatt hours of electricity each year which would be enough to … Continue reading Construction to begin on Japan’s largest solar power and wind energy plant located in Tahara City
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Ernst & Young ranks India 4th on renewable energy market potential
India has been consistently ranked among the top five countries (globally) in terms of its market potential for renewable energy. With power generation from renewable sources on the rise in India, share of renewable energy in country’s total energy mix increased from 7.8 per cent in financial year 2008 to 12.1 per cent in financial … Continue reading Ernst & Young ranks India 4th on renewable energy market potential
Continue readingSolar power project in Balochistan
Balochistan government is implementing Rs 888 million Solar Energy Home Project under which around 300 villages in parts of the province would be electrified. Provincial Finance Department sources told APP here Monday that nature had endowed the province with immense opportunities for generation of solar, wind energy and geothermal energy. “The provincial government has already … Continue reading Solar power project in Balochistan
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Intersolar India gets underway
Today at 10:00am (IST), the Intersolar India Conference re-opened its doors at the Leela Kempinski Hotel in Mumbai. The organizers expect to welcome some 700 attendees over the four days of the conference, which is taking place in parallel to the Intersolar India exhibition. Tomorrow, on November 6, Intersolar India opens its doors to the … Continue reading Intersolar India gets underway
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Germany’s solar power use jumps 50% this year
German utilities say solar power production rose by more than 50 percent on the year over the first nine months of 2012 amid a boom in installations of photovoltaic panels. The German utilities’ industry association BDEW said Monday the solar power output rose to 25,000 gigawatt hours in the January to September period, from 16,500 … Continue reading Germany’s solar power use jumps 50% this year
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Welspun Energy to set up 100 MW solar power
Welspun Renewables Energy Ltd (WREL), a subsidiary of Welspun Energy, has inked an MoU with Chattisgarh government for installing 100 MW Solar Power project. The MoU was signed in Raipur. “The project is to be commenced in 2015, entailing an estimated investment of Rs 1,000 crore,” the company said. With this project, WEL will achieve … Continue reading Welspun Energy to set up 100 MW solar power
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