Press Releases
Austrian government "putting important legislation on renewable energy at risk"
Prior to the recent European Summit, the Austrian Government seemed to question the Austrian national objective of 34 % of renewable energy share in final energy consumption by 2020 and put at question the agreement on the RES Directive reached by the Council, the European Parliament and the European Commission. {pagebreak} As one of the… Read more »
EBRD, IFC boost support for renewables in Bulgaria
The EBRD and IFC, a member of the World Bank Group, are supporting the development of sustainable energy sources in Bulgaria, providing €198 million in loans to construct a 156-megawatt wind farm that will help the country promote clean energy and reduce its dependency on fossil fuels. {pagebreak} This project will be the largest wind… Read more »
European demand for oil must be reduced by over 50% by 2050
The EESC – the Industry, Research and Energy (ITRE) Committee of the European Parliament – has called for a massive reduction of oil demand in Europe year by year over the next 40 years. The objective is to reduce demand by more than 50% by 2050. {pagebreak} “The two critical factors which will shape the… Read more »
Suntech crosses 1gw milestone
Chinese solar panel maker, Suntech Power Holdings, has crossed the all-important milestone of being able to produce 1 gigawatt of solar panels a year. The company celebrated the accomplishment last week, along with the opening of a new headquarters in the city of Wuxi that comes with 1-megawatt solar panels built into building’s facade in… Read more »
Renewables set to ease economy woes
A surge in investment in the renewable energy sector is expected to help Scotland through the economic difficulties expected in 2009, according to the Scottish Government. Over the past 18 months, around £1bn worth of projects have been announced, with 17 projects since May 2007. Another 31 are currently under consideration, including seven new hydro… Read more »
Subsidiary of Phoenix Solar AG acquires project company
Sulzemoos, 13 January 2009 / Phoenix Solar Energy Investments AG, a wholly owned subsidiary of Phoenix Solar AG (ISIN DE000A0BVU93), has today acquired all the shares in Scarlatti Srl., a company headquartered in Eppan an der Weinstraße, Italy, with immediate effect. Scarlatti holds the shares in four project companies under the condition precedent of achieving… Read more »
Scottish marine renewables firm secures 100 million pounds of contracts
Aberdeen-based Subocean Ltd is poised to make waves with the announcement that its renewable energy contracts awards topped £100 million in 2008. This makes the company one of the largest providers to the marine renewable sector in Scotland. These contract wins confirm that Subocean has successfully transferred its oil and gas and subsea construction expertise… Read more »
Call for smarter grids to ensure EU climate goals
Upgrading the current European electricity grid with smarter technologies is key to overcoming the infrastructure challenges presented by the EU’s energy and climate package, a foremost supplier of power generation technologies has recently announced. In Brussels last week, GE Energy’s Keith Redfearn (responsible for Europe, the Middle East, Africa and India) {pagebreak} explained that the… Read more »
Portuguese wind group pushes farther into united states
Horizon Wind Energy, owned by EDP Renovaveis, the fourth largest wind energy producer in the world, has announced the commercial operation of three further wind farms in the US. The three farms commissioned over 500 megawatts (MW) in December of last year. The 201 MW Meridian Way Wind Farm, situated in north central Kansas in… Read more »
International consensus:
Time to stop haggling and agree on carbon ‘Fair share’. Global research results released last week by the HSBC Climate Partnership reveal that consumers want governments to stop haggling on carbon concessions and act. The economic situation has not dampened enthusiasm for government action. Forty three per cent of people chose climate change ahead of… Read more »
