Latest news
China: Renewable energy growth to continue
China’s renewable energy capacity installation growth has been extraordinary, considering that its growth has been higher than the global average. The global average growth of wind energy capacity over the last 10 years registered only 25%, while China’s wind energy capacity increased at an annual average rate of 60%.
read more... 14/01/2013
China to double its installed solar power capacity in 2013
Chinese government intends to add 10 gigawatts (GW) of installed solar power capacity in 2013, up from 7 GW at the end of 2012, this new goal will more than double its installed solar power capacity in 2013 in comparison to 2012 when they suffered heavy losses because of the sliding foreign demand as Europe cuts subsidies for green power and panel prices drop by 30 per cent last year, virtually erasing firms’ profits.
read more... 10/01/2013
China to build a new nuclear power plant
China has started the construction of a new power reactor in December, after lifting a construction moratorium imposed following Japan’s Fukushima disaster. The 200MW capacity reactor, which is being built at Shidao Bay in Shandong Province and will have a total cost of about 3 billion yuan (475 million dollars), will start generating power by the end of 2017.
read more... 09/01/2013
USA: The wind energy Production Tax Credit extended for one more year
The USA Congress has extended the Production Tax Credit (PTC) for a year, which will allow continued growth of the energy source that installed the most new electrical generating capacity in America last year. The new version of the tax will cover all the projects that start construction in 2013. After being approved by the Senate and the House it is now expected to be rapidly signed into law by the President Obama, who always supported the wind energy tax credits during the process.
read more... 04/01/2013
Blue Energy to build its biggest solar plant in Africa
The British firm Blue Energy is building the biggest solar plant in Africa and the fourth-largest in the world. The $400 million Nzema solar plant will produce 155 megawatts of electricity, increasing the country’s electricity capacity by 6 %.
read more... 24/12/2012