Latest news
Geothermal Energy to triple in US by 2035
According to a recently released report by Geothermal Energy Association, geothermal power would triple in the US by 2035, surpassing the renewable power average. The prospects for geothermal energy are very positive, but economic and policy questions still remain an issue across the board. The following are the 2012 policy priorities proposed by GEA.
read more... 02/03/2012
GE to buy a stake for 100 million dollars in a US PV project
According to Chief Executive Officer, Alex Urquhart, has recently announced that GE EFS has bought a stake in a large PV project for 100 million dollars. The new investment will give GE EFS a stake in the 127 MW Arlington Valley Solar Energy II plant which is being constructed in Arizona by LS Power.
read more... 01/03/2012
Italians develop revolutionary floating solar panels
The Italian inventors created new prototype of solar panels, called floating solar panels, which will absorb the sun on Italy’s Lake Colignola and will provide a cost-effective, more visually attractive way to catch the sun’s power.
read more... 01/03/2012
Wind power takes fright as government reviews subsidies
The bright future of British wind power is currently under review as government is seeing to review the subsidies. According to Offshore Wind Developers Forum, it has recently guaranteed that British companies should provide more than half of the content of the UK’s future wind factories. If optimistic predictions for the sector are borne out, offshore wind industry could spark 3 billion pounds investments in the UK supply flow by 2022, sustaining over 45,000 long-term jobs.
read more... 29/02/2012
Spain leaves renewable top 10 to curb its budget deficit
Spain, known as the top-ranked renewable energy market for investors, is leaving the top 10 after the Spanish government has decided to suspend all subsidies for renewable energy projects, with immediate effect, meaning it will no longer provide subsidies for new wind, solar, co-generation or waste incineration projects.
read more... 28/02/2012