Latest news
China reached a new solar record in 2013
Chinese developers installed a record 12 GW of solar panels throughout the country in 2013, almost matching the total amount of solar power in operation in the United States, and it is likely that in 2014 it will exceed that record reaching 14GW of additional PV capacity. Until now, no one has ever added more than 8GW of solar power in a single year previous to 2013, and China’s record exceeded even the most optimistic estimates of a year ago.
read more... 24/01/2014
Eolus and Google have signed a new contract for a new wind farm
Google has signed a new agreement to buy all electricity generated from four winds farm in southern Sweden. The project will consist of 29 turbines, having a total capacity of 59 MW, and is likely to be fully operational by 2015. Eolus and Google have announced that planning permission has been granted.
read more... 23/01/2014
Daily: Crude oil prices trade higher on strong economic data from China
Oil prices traded higher in heavy trade on Thursday, supported by strong economic data from China, the eurozone and the United States, with U.S. crude prices getting an additional support from expectations that the key Seaway pipeline could resume full capacity operation within a week.
read more... 23/01/2014
Dong Energy to quadruple its offshore wind capacity by 2020
Dong Energy is aiming to have installed 6.5GW of operating offshore wind capacity in north-west Europe by the end of the decade, with an intermediate target of 3.5GW by end-2016. Dong has publicly adopted an unprecedented target of reducing its offshore wind cost of energy to €100/MW by 2020. This would correspond to at least 47% less than Germany's current feed-in tariff for offshore wind generation, which is set at EUR 190/kWh. The new 2020 benchmark target for offshore wind is to quadruple installed offshore wind capacity from its currently 1.7GW to 6.5GW in 2020.
read more... 22/01/2014
Bhlaraidh wind farm obtained the go-ahead
The Scottish government has recently granted planning consent for the proposed Bhlaraidh wind farm near Invermoriston in the Highlands. The wind farm is to have a total of 32 turbines, with a generating capacity of up to 108 MW, enough to power about 50,900 homes in the area, having a total cost of about 166.3 million pounds.
read more... 21/01/2014