The production of concentrated solar thermal energy in Spain has broken its record in 2014 to reach 5,013 GWh of energy generated. This represents 2.1% of the annual, also a new high of electricity demand and an increase of 13% compared to cumulative production of 2013. Especially significant was the output in the summer months … Continue reading Spain’s concentrated solar power (CSP) plants produced record-high 5013 GWh last year
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Welspun Renewables to set up 11 GW of solar energy (8,7 GW), wind power (2,3 GW)projects in India
Welspun Renewables has pledged to set up 11 gigawatts of solar power and wind energy projects across the country. “The 11,001 megawatt capacity will be developed as 8,660 MW of solar energy and 2,341 MW of wind power projects,” the company said in a statement here. In line with Prime Minister Narendra Modi’s vision … Continue reading Welspun Renewables to set up 11 GW of solar energy (8,7 GW), wind power (2,3 GW)projects in India
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Dubai harvesting solar power
The UAE aims to achieve a balance between development and the environment, and protect the rights of future generations to enjoy a clean, healthy and safe environment. The nation, under the leadership of the President, His Highness Shaikh Khalifa bin Zayed Al Nahyan, and His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime … Continue reading Dubai harvesting solar power
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Sun Pharma founder to buy 23 per cent stake in Suzlon
A statement from Suzlon said that as per the definitive agreements, Dilip Shanghvi Family and Associates (DSA) will hold 23 per cent stake in Suzlon Energy post the transaction while Suzlon promoter, Tulsi Tanti’s family will hold 24 per cent and retain management control by virtue of pooling arrangement for voting. The consideration is for … Continue reading Sun Pharma founder to buy 23 per cent stake in Suzlon
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India’s proposed target of 60 GW of wind energy by 2022 would generate an additional 180,000 jobs
New analysis released on Saturday, in the run up to India’s first Renewable Energy Global Investors Meet and Expo (RE-Invest) beginning tomorrow in New Delhi, shows that achieving Prime Minister Modi’s recently announced 100 gigawatt (GW) solar energy goal by 2022 could create as many as one million jobs, while greatly improving energy access for … Continue reading India’s proposed target of 60 GW of wind energy by 2022 would generate an additional 180,000 jobs
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Total invests $80m in solar energy in Ghana
Oil Company Total is collaborating with Neone Energy to develop two solar power plants in the Northern Region. The $80-million project, which is expected to be completed in 2017, will provide a total of 40 Megawatts of power to supplant the country’s present power pool. Senior Business Development Manager of Total, Frederic Ciamous, told Starr … Continue reading Total invests $80m in solar energy in Ghana
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Nigeria signs MOU for 1000 MW solar energy plant
The Nigerian Government on Thursday signed a Memorandum of Understanding with Firstgate Business Intermediaries Limited and its South Korean technical partners to construct the 1,000 MW solar power plant in Kogi State in northern Nigeria. Nigeria’s Guardian newspaper report on Friday quotes the Nigeria’s Minister of Power, Prof. Chinedu Nebo, as saying during the signing … Continue reading Nigeria signs MOU for 1000 MW solar energy plant
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Solar power in Bolivia
German company Deea Solutions GmbH has been awarded a contract for the design of a solar energy plant to be installed in the southwestern Bolivian region of Oruro, the Andean nation’s hydrocarbons and energy minister said Thursday. The company will conduct a study between March and August to determine the exact location for the 20 … Continue reading Solar power in Bolivia
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Plan for Australia’s largest solar power (2,000 MW) approved
Australian local government authorities this week approved a plan to build the nation’s biggest solar energy plant at a cost of more than 1 billion U.S. dollars. The Toowoomba Regional Council approved the staged construction of a 5,000 hectare site at Bulli Creek in southwest Queensland and developer Solar Choice plans to start construction … Continue reading Plan for Australia’s largest solar power (2,000 MW) approved
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Reliance Power to develop 6,000MW of solar power in Rajasthan, India
Reliance Power Ltd on Thursday announced that it has signed an accord with the government of Rajasthan to develop 6,000 megawatts (MW) of solar power projects in the state over the next 10 years. Reliance Power is currently developing a 100MW solar power plant in Rajasthan through its wholly owned subsidiary Rajasthan Sun Technique … Continue reading Reliance Power to develop 6,000MW of solar power in Rajasthan, India
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Obama seeks to extends 30% solar energy investment tax permanently
President Obama, in presenting his proposed Federal Budget has proposed that the solar power Investment Tax Credit (ITC) be extended permanently in the 2016 budget. Under the new budget, there would be funding of $7.4bn for clean energy alongside $4bn for states to accelerate their carbon reduction plans. The ITC, which was introduced in … Continue reading Obama seeks to extends 30% solar energy investment tax permanently
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India targets 100,000 MW of solar power
Solar energy currently supplies less than 1 percent of India’s energy needs. India could start installing 20,000 MW of solar power capacity by April, with several international companies keen to support the government’s drive for clean energy. Prime Minister Narendra Modi aims to make the country one of the world’s largest renewable energy markets, targeting … Continue reading India targets 100,000 MW of solar power
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CPV’s LCOE may fall as low as that for photovoltaic in 2020s
The German Fraunhofer Institute for Solar Energy Systems ISE and the US National Renewable Energy Laboratory, NREL, have compiled a study that describes the status of both the current market as well as the state-of-the-art for concentrator photovoltaic (CPV) technology. This young technology has achieved tremendous progress and has the potential for delivering solar … Continue reading CPV’s LCOE may fall as low as that for photovoltaic in 2020s
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China aims to install 15 GW of solar power capacity this year, 43 per cent more
China aims to install 15 gigawatts of solar energy this year, 43 per cent more than what was added in 2014, seeking to prop up its solar panel sector and boost the use of renewable energy despite a lack of transmission infrastructure. The National Energy Administration (NEA) started last week to solicit industry feedback … Continue reading China aims to install 15 GW of solar power capacity this year, 43 per cent more
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600 MW of Concentrated Solar Power (CSP) being developed in South Africa
Concentrated solar power (CSP) projects are advancing rapidly in South Africa, with government support for independent power producers (IPPs) and new interest from financiers and investors. South Africa is seen by many analysts as one of the most important countries to develop renewable energy. Recently, 2 CSP projects were granted preferred bidder … Continue reading 600 MW of Concentrated Solar Power (CSP) being developed in South Africa
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Wind energy and solar power plants raised Poland’s renewable energy installed capacity to 6,029 megawatts
More wind energy and solar power plants raised Poland’s renewable energy installed capacity to 6,029 megawatts (MW) in 2014 from 5,511 MW a year earlier, data from energy market watchdog URE showed on Monday. Wind farm capacity rose 13 percent to 3,834 MW while solar power capacity grew to 21 MW from 1.9 MW. … Continue reading Wind energy and solar power plants raised Poland’s renewable energy installed capacity to 6,029 megawatts
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Global capacity of renewable energy will more than double in 2025
The past decade has witnessed significant developments in policies for renewable energy. Previously, less than 50 countries worldwide had support policies for renewable energy; this number now stands at more than 130. As a result of political and financial support, investments in renewables have risen dramatically in recent years. In fact, the European Union has … Continue reading Global capacity of renewable energy will more than double in 2025
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Qatar set to float tenders for 200 MW solar power plant
Qatar will soon issue tenders for the first phase of the country’s solar energy plant which aims to generate 200 MW of electricity, a report said. The Qatar General Electricity and Water Corporation (Kahramaa) has set up a roadmap for the Qatar National Vision 2030 which focuses on renewable energy, according to the Al Sharq … Continue reading Qatar set to float tenders for 200 MW solar power plant
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Bangladesh to Establish World’s ‘First Solar Energy Nation’
Bangladesh is currently working to provide all households with solar power. The Bangladeshi government is currently working toward providing electricity to the entire country via solar home systems by 2021. Currently 15 million Bangladeshi homes are now powered by solar home systems, or SHS, under a government program to provide power to communities with no … Continue reading Bangladesh to Establish World’s ‘First Solar Energy Nation’
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The big boom in solar energy, PV and Concentrated Solar Power, in world’s biggest energy market
These two graphs pretty much speak for themselves. They highlight the surge in growth in the solar energy market in the US – encompassing residential and commercial solar power, utility scale solar PV and concentrated solar power. The graphs come from a recent presentation by the Solar Energy Industry Association in the US. By … Continue reading The big boom in solar energy, PV and Concentrated Solar Power, in world’s biggest energy market
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