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Solarhybrid to purchase 2.25 GW of solar capacity

Germany’s Solar Millennium AG will sell its 2 solar power projects to Solarhybrid AG planned to be built in the United States for an unknown sum. The solar parks of 2.24 GW and 1GW capacity will be based in the United States.

read more... 10/10/2011

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Scotland to allot 6 million dollars worth for renewables

As to contribute at the development of renewable projects, the Scottish Government will allot over 6 million dollars worth loan through the Community and Energy Renewable scheme. By putting into operation all the projects, with a total wind and hydropower capacity of 56 MW, Scotland will achieve its goal of 500 MW of green energy by 2020.

read more... 07/10/2011

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Japan to enact feed-in tariffs for renewable energy

In the wave of the nuclear disaster that occurred in Japan on March, 11, the government aimed renewable energy as an alternative clean energy generation. Japan’s Upper House of the Diet has approved feed-in tariffs that come into force as of July 1, 2012, under which utilities shall acquire power generated from renewable sources for a set price and period.

read more... 06/10/2011

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Renewable heat incentive postponed by UK government

A new renewable heat incentive scheme, RHI, was postponed by the British government last Friday because of a failure of the Department for Energy and Climate Change to obtain a clearance from the European Commission as it consider the 2.6 p/kWh tariff payment for large-scale biomass too high.

read more... 05/10/2011

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First Solar receive 455.7 million dollars guarantee

U.S. Export-Import Bank approved the largest guarantee for the biggest American producer of thin-film solar modules, First Solar Inc., worth 455.7 million dollars for 18 years refund period. The loan will be used for the construction of two power projects in Canada.

read more... 04/10/2011

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