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New investment group launched to exploit environmental economic growth
Stanley Fink, the driver behind Man Group’s growth to become the world’s largest hedge fund group, has announced the formation of Earth Capital Partners LLP (ECP), a new business with a specialist focus on environmental investment. “Our objective will be to deliver attractive returns by investing in projects, {pagebreak} companies and financial instruments, which address… Read more »
EU Leaders agree new climate deal
European Union leaders have reached a deal on a package of measures to fight global warming. The plan, agreed at the recent Brussels summit, sets out how 27 member-countries will cut carbon emissions by 20% by 2020, compared with 1990 levels. French President Nicolas Sarkozy, the summit chairman, announced that “quite historic” had happened in… Read more »
Steady growth for Degerenergie in 2008
Over the past year, DEGERenergie GmbH, Schopfloch, has set standards and established itself as global market leader with the technical finesse, innovative ideas and ongoing developments of its patented DEGERconecter controlled tracking systems. {pagebreak} The 20,000th DEGERtraker tracking system was delivered in June 2008 and turnover for 2008 is estimated at about 40 million Euros…. Read more »
Italian demand for green energy prompts massive investment
A consortium of manufacturers is to invest almost $3 billion in Italian solar power ventures. Japan’s Sharp Corp, Italy’s Enel SpA and a third manufacturer hope to tap growing demand for cleaner energy. {pagebreak} Sharp, the world’s second largest maker of solar cells, said it and Italy’s largest power company Enel planned to spend about… Read more »
Catholic church leads the way on climate change action
The Vatican, the world’s smallest sovereign state, has stepped up its fight against global warming by installing a huge rooftop solar energy system. More than 2,000 photovoltaic panels have been fixed to the roof of one of the city state’s main buildings, enabling the Holy See to cut its carbon dioxide emissions by about 225… Read more »
Platts 3rd annual central and eastern European power conference
Platts 3rd Annual Central and Eastern European PowerFebruary 2-3, 2009Marriott WarsawWarsaw, Poland Register now: {pagebreak} http://www.platts.com/Events/2009/pc943/ Register before December 19, 2008 and save €300Quote ref: PESE2 There are still places remaining at the Platts 3rd Annual Central and Eastern European Power conference! Book yours now to come and hear from the following speakers and more:… Read more »
Wind farm puts Wales ahead of UK renewables game
Wales’s plan to become the UK’s renewable energy leader has moved closer to reality with the granting of permission for a wind farm of its north coast. The 750MW Gwynt y Môr wind farm, when finished in 2014, will be the second largest in the world. The farm, to be built by the energy company… Read more »
8-megawatt solar parks inaugurated in Extremadura, Spain
Biel, 12 December 2008. On 28 November the Spanish company Vasolar 2006 S.L. and its Portuguese business partner Cavalum SGPS, S.A. inaugurated four solar parks delivering a total output of eight megawatts in the autonomous region of Extremadura. The tracking systems produce on average 26 gigawatt-hours of energy per year, covering the requirements of about… Read more »
Billion dollar deal blows good news into Spain
A multi-billion dollar deal has been reached in Spain to provide wind energy technology to Spanish power utility Iberdrola Gamesa SA concluded the deal with Iberdrola Renovables SA to provide turbines and accessories. The agreement is the largest-ever wind-power deal, Iberdrola Renovables said. {pagebreak} The turbines will have a joint potential to generate 4,500 megawatts… Read more »
UK government’s climate change advisors applaud CCS
The UK government’s latest approach to tackling climate change has been welcomed by the Carbon Capture and Storage Association (CCSA). In a report, the government’s Committee on Climate Change recommends the rapid development of carbon capture and storage technology as one of the cornerstones of meeting the target for an 80 per cent reduction in… Read more »
More from across PES
First offshore pilot project for large-scale oyster reef restoration in Belgian North Sea
· BELREEFS is the first offshore project for large-scale oyster reef restoration in the Belgian North Sea. · Innovative techniques will facilitate the introduction of a self-sustaining oyster reef. · The project relies on a unique collaboration between government, industry and science. Before 1850, flat oyster reefs were a dominant structural and ecological component of… Read more »
TE Connectivity’s ALR 11000 digital photocell with dimming capability helps significantly reduce electricity costs for street lighting
Zhaga D4i-certified ALR digital photocells from TE help lower power consumption and reduce CO2 emissions BERWYN, Pennsylvania – July 3, 2024 – TE Connectivity, a world leader in connectors and sensors, launches the Zhaga-D4i certified ALR 11000 digital dimming photocell. TE’s latest photocell controls the on/off switching of a streetlight, and also has the ability… Read more »
DNV’S LUCY CRAIG APPOINTED AS BOARD MEMBER FOR WINDEUROPE
Zaragoza, Spain, 02 July 2024 : DNV, the independent energy expert and assurance provider, is proud to announce that Lucy Craig, Senior Vice President and Director of Growth, Innovation and Digitalization, Energy Systems, has been elected as a board member for WindEurope, the voice of the wind industry in Europe. With over 500 members from… Read more »
Sineng Electric Supplies 1,016MW of Inverters to the Al Kahfah PV Project in Saudi Arabia
Riyadh, Saudi Arabia, July 1, 2024 — Sineng Electric, a global leading PV+ESS solution provider, has partnered with Larsen & Toubro and supplied 1,016MW of its 6.6MW MV turnkey stations to the Al Kahfah solar farm in Saudi Arabia. This collaboration marks a significant milestone in Sineng’s mission to deliver innovative and efficient energy solutions… Read more »
Enviromena secures £30m funding from Close Brothers Energy for construction of 70MW solar farm in Essex
Clean energy solutions company Enviromena has reached financial close with Close Brothers Energy to build a 70MW solar farm in Essex. The £30m deal, which includes a development and term loan facility, is part of a wider facility agreed with Close Brothers Energy in December 2023. The facility will be used to fund the construction and… Read more »
DNV CONDUCTS POWER CURVE VERIFICATION AT BAY OF ST. BRIEUC OFFSHORE WIND FARM USING ADVANCED NACELLE LIDAR TECHNOLOGY
DNV is performing power curve verification using advanced nacelle lidar technology at Ailes Marines’ Bay of St. Brieuc offshore wind farm, enhancing operational efficiency and aligning energy production with projections. DNV’s project includes designing, commissioning, and executing a power performance measurement campaign for turbines, ensuring compliance with updated industry standards. The Bay of St. Brieuc… Read more »
Ciel & Terre EMEA has begun the European largest floating solar project’s installation
Solar and wind are increasingly competitive in wholesale power markets, offer a hedge against the uncertain cost of other generation sources
ABB and Cleanwatts sign MOU to accelerate intelligent energy management in communities and buildings
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