A joint venture partnership between Aquamarine Power and SSE Renewables has today [Tuesday 16 March] been granted exclusive development rights to an area of the seabed off the coast of Orkney as part of the world’s first commercial leasing programme for wave and tidal energy generation projects. The partnership has been granted an agreement for… Read more »
So, with a new issue of PES going to press and a new financial year in the offing, is it time to boost your business with some new recruits? We asked Adam Grainger (Global Head of Energy and Engineering, Networkers International) to give our subscribers his five top tips for identifying quality candidates. 1) Identify… Read more »
CBS News correspondent Celia Hatton reports wind turbines that can be seen slicing the sky above rural Minnesota were manufactured more than 6,000 miles away by a Chinese company. They’re helping to power the nearby town of Pipestone. “The wind is blowing nearly all the time,” said Pipestone resident Elmer Stoltenberg. “We should take advantage… Read more »
There is an undeniable excitement attached to the launch of a new series. With the rough brief being that Earth’s Frontiers was to be an environmental show, a host of warm and exotic locations sprang to mind. A colleague from Atlanta was heading for the beaches of Hawaii to look at wave power. Another, based… Read more »
An award-winning eco home on a South Tyneside estate has opened its doors to the public to showcase two renewable heating systems. ‘The Showhouse’ on Lukes Lane Estate in Hebburn has been fitted with an air-sourced heat pump and a solar water heating system. South Tyneside Homes is installing the systems to 60 homes in… Read more »
Can you visualize local parking lots with solar powered stations for recharging your plug-in hybrid vehicle? Could you visualize owning a renewable energy home that produces more power than it uses? These dreams are possible, but there is a need to act soon if we want to join the energy revolution that is repowering much… Read more »
Leading Executives from the utilities industry are meeting at the NGU EU summit this week to discuss EU renewable targets. An illustrious meeting of the most influential Power and Energy suppliers took place this week in Germany. Chaired by Michael Lewis MD Eon Renewables, the challenge of the meeting was to look at innovative ways… Read more »
The POWER-GEN Europe conference and exhibition is the foremost event for the European power industry. The three-day event continues to provide an unequalled programme of strategic, technical, keynote and plenary sessions, along with over 450 exhibitors and a diverse range of companies and services on show. Held on the 8th-10th June 2010 at RAI, Amsterdam,… Read more »
The European Commission today allocated over €903 million to electricity interconnection projects as part of its broader European Economic Recovery Plan, injecting new impetus into long standing electricity grid development plans within the EU. Nine projects received funding, including the vital France-Spain interconnection, which has been planned for a long time. “Despite the importance of… Read more »
In a landmark announcement the Indian Finance Minister, in his annual Budget speech, put forward the proposal of setting of National Clean Energy Fund which would be constituted through tax lieved on coal usage in the country. The quantum of tax would be INR 50 per ton of coal used, which would generate an annual… Read more »
Shares of Sustainable Energy Technologies (STG.V) rose by more than 20 percent early on Tuesday after it announced a tie-up with the solar unit of German engineering giant Robert Bosch [ROBG.UL]. Sustainable Energy, a small Canadian solar energy company, and Bosch Solar Energy (BSLRF.PK) will jointly market Bosch thin-film photovoltaic modules with Sustainable’s Sunergy inverters… Read more »
India proposed on Friday a small tax on production of coal to raise millions of dollars for a National Clean Energy Fund that could help the world’s fourth biggest polluter to shift to a low-carbon economy. India’s growing economy has huge potential to shift to a low-carbon future, given that about 500 million Indians, or… Read more »
Pune-based energy and environment solutions’ provider Thermax is gearing up to tap incentives offered in the Union Budget for renewable energy, water and wastewater treatment. The company is planning a strong foray into solar, biomass and geothermal sources of energy, said M S Unnikrishnan, managing director and chief executive. He said the company had initiated… Read more »
In the spirit of friendly competition for a good cause, the European Union reported that it will meet its goal of instituting 20 percent renewable energy by the year 2020. While some countries like Denmark, Bulgaria and Belgium will fall short of their production goals, other nations like Estonia have exceeded their targets considerably. A… Read more »
Iberdrola SA, Spain’s biggest electricity company, said net investment from 2010 through 2012 may total 16 billion euros ($22 billion) as it spends more on renewable-energy projects and networks. Gross investment may climb to 18 billion euros, while asset sales may raise as much as 2.5 billion euros through 2012, Iberdrola said today in a… Read more »
Wind, solar can’t provide energy needs Mainstream media are gaga over solar and wind energy. Myth 1: Mainstream media would have you believe solar and wind can replace coal-fired power plants. Most coal plants produce base-load electricity. Base-load electricity is required 24 hours a day, seven days a week. Solar is obviously not base-load. Only… Read more »
Next Inning Technology Research (http://www.nextinning.com), an online investment newsletter focused on semiconductor and technology stocks, announced it has updated outlooks for Suntech Power Holdings (NYSE: STP), First Solar (Nasdaq: FSLR), Yingli Green Energy (NYSE: YGE), LDK Solar (NYSE: LDK) and JA Solar ( JASO). Editor Paul McWilliams has displayed uncanny accuracy in identifying winners and… Read more »
For more than 100 years, the team behind Mobil Industrial Lubricants continues to help companies all around the world to meet their most demanding energy challenges, pushing the boundaries of innovation and setting new benchmarks for lubrication excellence. Today, Mobil Industrial Lubricants’family of premium oils and maintenance solutions help successful companies within the global energy… Read more »
Taiwan, in an effort to increase the use of solar energy and cut carbon emissions, has taken to the rooftops. Under the ‘100,000 solar roofs programme’ launched last year, the government plans to spend 280 million dollars in subsidies to encourage the locals to turn their rooftops into sun roofs, said Wang Yun-ming, deputy director… Read more »
The Falkland Islands are the focus of a double energy drive this weekend as explorers begin drilling for oil and three giant wind turbines start generating electricity. The Ocean Guardian rig begins drilling today off the north coast, amid hopes that reserves in the region could yield up to 60bn barrels of oil.At the same… Read more »
The winners of Colorado’s 2009 Governor’s Excellence in Renewable Energy awards, announced Tuesday, span wind energy, biofuels, and economic development in the sector. The awards are aimed at companies, utilities and other entities that work to protect Colorado’s environment, diversify the state’s energy portfolio and provide renewable energy. “Colorado is blessed with a creative and… Read more »
President Obama today said that safe, new nuclear power plants are a “necessity” as he announced more than $8 billion in federal loan guarantees to build the first nuclear power plant in three decades. “Investing in nuclear energy remains a necessary step,” the president said today at the IBEW Local Headquarters in Lanham, Maryland, “What… Read more »
Canada’s Timminco Ltd (TIM.TO) said on Tuesday it was in talks with Icelandic power company Orkuveita Reykjavikur for a power supply contract for its planned silicon metal facility in Iceland, sending its shares up as much as 24 percent. Timminco, a silicon producer, said it has secured about $1 million in convertible debt financing from… Read more »
Peak oil has been around for a while now. Energy specialists in India, specially those working in the renewable energy space, are now talking the same about coal: not quite peak coal but an increasing likelihood that coal will not always be available to run power plants. Will this mean that development as we know… Read more »
A month after United Technologies Corp. announcing that it closed on a $270 million deal to acquire nearly half of a California wind turbine manufacturer, the chief financial officer says the conglomerate is interested in other investments in alternative energy. CFO Greg Hayes said at an analysts meeting Thursday that the acquisition of Clipper Windpower… Read more »
China Datang Corp, the country’s second-largest power producer, plans to float shares of its renewable energy unit in a Hong Kong IPO, which is expected to raise at least $1 billion, sources close to the deal said. Analysts expect a potential wave of issuance from the nation’s power producers at a time when valuations of… Read more »
Renewable Energy Corp. ASA, the Norwegian maker of solar-energy components, fell to a record low in Oslo trading after predicting lower earnings this quarter. Renewable Energy, known as REC, fell 6.87 kroner, or 20 percent, to 27.61 kroner, the lowest since the initial public offering in May 2006.Earnings before interest, taxes, depreciation and amortization will… Read more »
Ten years ago energy pundits said Portugal was wasting its rich renewable energy sources; now, the country generates 35.9% of its electricity from wind and solar energy. Portugal’s wind energy industry has led the country’s shift away from fossil fuels. Recently, the Portuguese wind industry displaced Spain as the wind industry that provides the second-largest… Read more »
President Obama gives his State of the Union address tonight, and some supporters of the shift to clean energy worry that the troubled U.S. economy and high unemployment will overwhelm any attention he might want to give climate change. Sen. John Kerry, who has been leading the Senate drive for climate legislation, urged the president… Read more »
Chinese solar-cell maker Canadian Solar Inc’s (CSIQ.O) said it had agreed to supply 60 megawatts of photovoltaic modules to Spain’s Fire Energy Group in 2010. Fire Energy, a system integrator, said it will promote Canadian Solar’s PV products in Spain, Germany and Italy. Initial shipments started this month. Wednesday’s news comes a day after the… Read more »
The public overwhelmingly support a much more ambitious scheme to push renewable energy for homes and communities, a new poll shows today ahead of a key government announcement next week. Government officials are putting the finishing touches to plans to boost the take-up of renewable energy in Britain – which is the lowest in Europe… Read more »
President Obama’s State of the Union Address 2010 begins at 9PM eastern (6pm on the west coast) and I will be one of the 50 million or so that are expected to tune in. If you want to watch it online, you can catch it on Youtube or on White House.gov. It’s also fun to… Read more »
In what is being touted as one of the largest clean energy deals to date, a consortium led by Samsung C&T Corporation and Korea Electric Power Corporation (NYSE:KEP) signed a C$7 billion deal with the government of Ontario, Canada. The $7 billion invested by the consortium will see the building of 2,500 megawatts (MW) of… Read more »
Think of it as the shrinking American dream. What’s out: Outdoor kitchens and fireplaces, two-story foyers and deluxe bathroom features like multiple showerheads in the master bathroom.What’s in: Smaller homes with lots of natural light, storage and energy efficiency features that save money and don’t cost too much. “There’s no more ‘la-dee-da, green is wonderful,”… Read more »
Looking for work? You might consider “green jobs.” The term has been a buzz word the past few years, but according to a state report there were 8,169 “green-collar jobs” in 2008. Green-collar jobs can be found in construction, manufacturing, installation, maintenance, agriculture and many other sectors of the economy, according to the report issued… Read more »
President Barack Obama last week announced the award of US $2.3 billion in Recovery Act Advanced Energy Manufacturing Tax Credits. One hundred eighty three projects in 43 states will receive that funds that are meant to help create tens of thousands of jobs through the domestic manufacturing of advanced clean energy technologies including solar, wind… Read more »