E.ON announced on Thursday its intentions to invest 7 billion euros in renewable energies over the next five years for the development of new power generation projects. The German utility plans to commission a new offshore wind farm every 18 months.
read more... 21/12/2011
The Chinese Government announced officially its new renewable targets under the current five year plan, raising them to 15GW by 2015. The analysts consider the renewable boom should occur due to introducing in July, the national feed-in tariffs system for PV projects.
read more... 19/12/2011
The EU energy chief, Günther Oettinger, said new targets are necessary to settle beyond 2020 within the next two years, as the present targets to generate 20% of European energy demand from renewable sources expire in 2020. He also said the new renewable targets for 2030 should be settled by 2014.
read more... 16/12/2011
Duke Energy Renewable has recently acquired from Recurrent Energy two utility-scale power plants in Arizona, the Ajo Solar Project and Bagdad Solar Project for an unknown amount. These represent the company’s first plants in the West of America.
read more... 15/12/2011
The latest statistics of the European Wind Energy Association show that UK is leading the global offshore wind energy market with 1,341 MW of offshore installed capacity.
read more... 13/12/2011