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Global PV market to reach 130 billion dollars by 2015

According to a new market research study “Global Photovoltaic Market &Insights into Chinese and Japanese Photovoltaic Markets (2010-2015)” released by MarketsandMarkets, the market for PV is likely to increase considerably, with an annual growth rate of 18.5 % from 2010 to 2015 expected to reach 130 billion dollars by 2015.

read more... 22/11/2011

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EIB to loan 235 million Euros for grid updates

European Investment Bank (EIB) has approved a loan worth 235 million Euros for the Irish network operator, Energy Supply Board (ESB) which constitutes half the investments required for the two-year program.

read more... 21/11/2011

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E.ON to develop pilot hydrogen plant for storing wind power

E.ON is mulling over developing a pilot plant that will convert power generated from wind energy into hydrogen which could be stored in the gas grid system. More than 5 million euros would be invested by the company for the development of this innovative technology.

read more... 18/11/2011

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Vestas request more than top 500 companies to invest in Wind

Renewable energy is gaining ground and becomes more affordable due to its competitive costs. Through a new marketing strategy, Vestas, a Danish wind turbine manufacturer, aspires to connect with over 500 energy companies by sending personalized InMail, through LinkedIn, a business-related social networking site. The InMail will express the financial and brand building benefits of investing in renewable energy and mainly in wind power.

read more... 17/11/2011

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Spain to focus on renewables

Spain is a fast developing renewable energy country and it is expected to move towards by supporting even more expensive energy commodities. Three Spanish companies, Iberdrola, Gas Natural and Endesa registered heavy incomes benefiting from the renewable boost. The chairman of Iberdrola, Sanchez Galan said the company made wrong steps with the development of solar PV power, and will make efforts to avoid such “moving” relative to solar thermal power.

read more... 16/11/2011

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