Press Releases


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Barack ‘bounce’ sends green energy stocks skyward

The bounce that the election of Barack Obama has brought to America was reflected in a soar in the price of green energy stocks. Solar Integrated Technologies rose by 30 per cent the day after the election, following increases of 22 per cent by Renewable Energy Corporation and 16 per cent by the wind turbine… Read more »

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Curbing emissions will be ‘difficult’, say Chinese

The Chinese government has warned of the difficulty of curbing growing greenhouse gas emissions in the foreseeable future. Beijing has said it wants to combat climate change yet ensure China’s economic take-off is unimpeded, and a recent government white paper on climate change reflects the uneasy fit between those imperatives. {pagebreak} China faces shrinking crops,… Read more »

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PES magazine pleased to partner major wind gathering

Power and Energy Solutions (PES) magazine has been named as an official partner for the European Wind Energy Conference in Marseille, France, next year. The event, which will be held in March, is the biggest gathering of wind energy experts and commentators from Europe and beyond and it provides an opportunity to discover the latest… Read more »

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Manufacturers put wind in sails of renewables industry

Nine UK manufacturers are ready to blow away the competition to gain new business in wind energy and other fast growing renewable energy sectors. As part of an Envirolink business improvement project funded by the Northwest Regional Development Agency and central government, the companies have energised their own people and performance to compete more effectively… Read more »

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Top honours for turbine-drives firm

Power conversion specialists Converteam have taken top honours at an awards ceremony which recognised their work in the wind turbine field. The UK-based company, which makes a leading range of drives, including the MV3000, widely used in the most advanced wind turbines, came first in the World Class Manufacturing category at the Manufacturer 2008 Live… Read more »

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Former landfill is used to produce solar energy

German company DEGERenergie has just opened its third solar park on a former landfill site. The new park, in Rexingen, Kreis Freudenstadt, joins established parks in Heiligenfeld and Oberiflingen. Enough power will be generated to cover the energy needs of the entire town. {pagebreak} In total 190 kWp are installed on 1.5 hectares. Fifty four… Read more »

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Middle East looks west for wind investment

No strangers to lucrative means of producing energy, the money men of the Middle East are now looking towards the renewables sector for cleaner ways of making a profit. A company based in Abu Dhabi has bought a 20 per cent stake in London Array offshore wind farm, which is set to be one of… Read more »

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Glory days of steam are back for Siemens

Industrial giant Siemens Energy is to supply a steam turbine for one of the world’s first commercial solar tower power plants. The Spanish company Sener will build the innovative solar thermal power plant with a capacity of 19 megawatts (MW) at a site near Seville in Andalusia. {pagebreak} For the “Solar Tres” project Siemens will… Read more »

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Insurance hike fear for renewable sector

Insurance premiums for renewable energy projects look set to rise by up to 10 per cent over the next two years, as a direct result of the current economic crisis. Specialist renewable energy insurer GCube has announced that it has secured an increased underwriting capacity to cover business up to a value of $800 million… Read more »

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Queen goes green for wind power plan

No less a personage than the Queen of England has stepped into the renewables debate by promising to invest in wind power projects in the deep waters off Britain. The Crown Estate, which is the holder of the Queen’s property, says it will pay up to half of all pre-construction development costs for companies wanting… Read more »

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