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Germany to reform the renewable energy subsidy system

German Chancellor Angela Merkel’s government is planning to cap taxpayer subsidies for renewable energy once installations’ capacity passes a fixed nation threshold, a move aimed to limit costs for consumers from phasing out nuclear power.

read more... 15/10/2012

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Global clean energy investment to register a significant decrease in 2012

Global clean energy investment for 2012 is likely to fall short of last year’s 280 billion dollars. According to BNEF, global investment in clean energy came to 56.6 billion dollars in the third quarter of 2012, a 20% decrease in comparison to 2011, being the first annual decline within the last 8 years.

read more... 12/10/2012

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Solarstrom to build 440MW of solar generation capacity

Solarstrom ( SAG), a German developer of renewables, intends to build 4 solar photovoltaic (PV) projects in western Spain ,in the Extremadura region, totaling 440 MW. The four projects will be built by a joint-venture, which includes Valsolar, in which Solarstrom holds a 51% share.

read more... 11/10/2012

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World’s largest wind farm will be built in British waters

Spanish utility Iberdrola together with the Swedish company Vattenfall has started the construction of the world’s largest wind power project East Anglia, as Iberdrola intends to become the world leader in offshore wind farm technology.

read more... 10/10/2012

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China reveals its 12th five-year plan for renewable energy

The Chinese National Energy Administration (NEA) has unveiled its 12th five year plan for renewable energy in which it laid out the general principles, overall goals, and key tasks for China’s renewable energy development. The plan regards mostly renewable technologies of hydropower, wind power, solar energy and biomass.

read more... 09/10/2012

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