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NEF and CREIA Release 'Top Ten Renewable Energy Developments in China in 2007'

New Energy Finance Ltd and the Chinese Renewable Energy Industries Association (CREIA) have jointly released the 'Top Ten Renewable Energy Developments in China in...

HSBC commits £100m to renewable energy

Renewable energy projects in the public sector received a significant boost today with more than £100m of new funding from HSBC. Hospitals, council buildings and...

New energy rules planned for government buildings

Government office buildings and large public structures will face energy quotas, higher utility rates for overuse and public releases of their efficiency ratings this...

Green fund to help cut emissions

China launched its Clean Development Mechanism (CDM) fund, with a potential funding of $3 billion, on Friday to finance the country's efforts to tackle...

Beijing, Moscow sign nuke energy pacts

    MOSCOW: China and Russia Tuesday signed four agreements on nuclear energy collaboration, looking ahead to a post-hydrocarbon world. A joint communiqu signed by visiting...

Stalled nuclear deal weakens Indian PM

Resignation rumors surface, are denied, and surface again. His allies turn against him and editorials question his leadership. Indian Prime Minister Manmohan Singh is taking...

BT Unveils Plans to Develop Large Wind Farms in UK

BT recently unveiled plans to develop wind farms aimed at generating up to 25 per cent of its existing UK electricity requirements by 2016....

SunPower to Build 18 MW Solar Electric Power Plant in Spain

SunPower Corp., a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, recently announced that its Spanish subsidiary will design and construct an 18-megawatt Olivenza solar electric power plant in the Badajoz region of Spain. Olivenza is expected to generate more than 32 million kilowatt-hours of power per year upon completion.  SunPower will debut its proprietary SunPower(R) T20 Tracker solar tracking system in Europe at the 70-hectare site. The Tracker follows the sun as it moves across the sky, delivering up to 30 percent more energy than fixed-tilt systems while reducing installation cost per kilowatt.  "SunPower is proud to contribute to the rapid expansion of the Spanish solar market using our innovative, efficient solar energy technology," said Marco Antonio Northland, general manager of SunPower's European operations. "Our customers are demanding the highest energy delivery and fast construction schedules, requirements we can meet with our T20 Tracker. At Olivenza, we are using the SunPower Tracker to expedite deployment, maximize energy delivery, optimize land use and reduce related costs."  Olivenza is financed by a consortium of institutions, including AIG Financial Products Corp., a wholly-owned subsidiary of American International Group, Inc. and a principal investor in the energy and infrastructure sectors, and 360 CORPORATE, a Spanish principal investor in the energy and infrastructure sectors, as equity investors.  This project will expand SunPower's pioneering footprint in Spain to more than 100 megawatts under contract. Construction is expected to be complete in the spring of 2008. 

ADB loans $510 mln for renewable energy in Pakistan

Pakistani authorities on Friday signed an agreement with the Asian Development Bank (ADB) for a multi-tranche loan of 510 million U.S. dollars for the...

Arques, Siemens, Solon fuer Solartechnik: German Equity Preview

The following stocks may rise or fall in German markets. Germany's X-DAX Index fell 0.3 percent to 7,508. The index provides an estimate of...

IFC invests in cleaner energy technology in China

   The International Finance Corp.(IFC) said on Tuesday that it has signed a financing agreement to support the development of China's coalbed methane resources, a...

California Draws Line on Public Employee Pensions: Joe Mysak

Roll back those pensions! Give back those sweeteners! This may be the latest new idea in public finance to blow in from the West...

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China’s new renewables pricing mechanism may not give generators the stability they need

Since implementing its renewable energy law in 2005, China has been rapidly rolling out wind and solar power – from 10 gigawatts (GW) per...

Switch Together Solar scheme returns to help Solihull residents save money and cut carbon

A popular scheme that helps people save money on their energy bills while reducing carbon emissions is returning to Solihull. Switch Together Solar brings residents,...

BOOM Power secures second NSIP consent for Fenwick solar plant

The UK energy secretary Ed Miliband has granted consent for a 237.5MW solar PV plant developed by BOOM Power. The UK-based developer will construct the...

Indian PV manufacturers downplay impact of 125% preliminary US countervailing duty

The US Department of Commerce (DoC) has proposed a 125.87% preliminary countervailing duty (CVD) on imported Indian solar cells. Several Indian PV manufacturers PV Tech...