Latest news
UK to pay offshore wind developers triple market electricity price
Under a subsidy program to boost renewable energy that by 2020, the UK is engaged to pay offshore wind developers triple the market price for electricity they generate at £155 per megawatt-hour, move that will cost consumers 7 .6 billion pounds ($11.6 billion) a year.
read more... 28/06/2013
Renewable energy to exceed nuclear and gas in the next year to come
The IEA has released its second annual Medium-Term Energy Market Report, according to which renewable sources will exceed natural gas as a power source and will be twice the contribution from nuclear energy globally by 2016, being second only to coal.
read more... 27/06/2013
China ranks first among top renewables energy investment sites
China currently offers the greatest opportunities in the world for renewable energy investment, while India has the strongest potential for conventional power investors, according to a report released by analysts at PA Consulting - ‘Mapping Energy Investment Potential Around the World’.
read more... 26/06/2013
European legislators impelled to set a 100% renewable target for 2050
The Global Alliance is prompting European legislators to set a 100% renewable target for 2050, criticizing them for not setting aggressive long-term renewable energy targets.
read more... 25/06/2013
Siemens closes its last solar energy division, suffers $1 bln in losses
Siemens, the German engineering firm, announced it is completely shutting its last solar energy division amid a seven month failure to find a suitable investor.
read more... 24/06/2013