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Siemens to abandon solar market

German engineering conglomerate Siemens envisages to sell its loss- making solar energy business following a decline in profit margins which forced Siemens to reorganize its core activities.

read more... 23/10/2012

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China to support solar power industry

According to some government sources and industry officials, the Chinese government is working on policies to support the connection of photovoltaic solar power producers expand in the domestic market and help the industry get through tough times.

read more... 22/10/2012

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Queen Elizabeth’s Crown Estate makes some important steps towards supporting renewable energy in UK

The Crown Estate, which handles one of the largest property and marine portfolios in the UK, has recently released the conclusion of a report that it had undertaken into the potential capacity of marine energy that is obtainable in the UK. The findings estimate that as much as 118GW could be exploited from tidal power.

read more... 18/10/2012

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Germany will increase its renewables levy

Germany’s Federal Network Agency Bundesnetzagentur has announced that renewable power subsidies tax for German consumers will increase by 47%, from 3.59 cents per KWh to 5.28 cents per KWh, by 2013.The Government added that it will extend caps on subsidies for solar energy to more technologies including wind and biomass.

read more... 17/10/2012

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Dong Energy to switch 3 plants from coal to biomass

Dong Energy, Denmark’s biggest utility, is likely to cut coal use and then carbon emissions by switching three of its major plants to biomass, which have a total capacity of about 1,968MW, announced the company.

read more... 16/10/2012

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