More Renewable Energy Strategic Development News

“Sustainability is about more than CO2 – it’s about economic growth”


The boss of a Malaysian power firm today said that “sustainability is about more than CO2 – it’s about economic growth”.

Malaysia makes renewables progress to hit ambitious green target


Malaysia’s progress in delivering renewables into its power mix were highlighted here at POWER-GEN Asia in Kuala Lumpur yesterday by the country’s deputy energy minister.

Siemens pulls out of Wales tidal array


Siemens has stopped work on what would have been the first tidal array in Wales.

Ivanpah giant solar plant incinerates birds in mid-air


Heat from the giant Ivanpah solar plant in the Mojave Desert is incinerating birds in mid-air as they fly over the 393 MW facility.

DNV signs climate pact with UN Environment Programme


Norwegian company DNV GL has signed a strategic partnership with the UN Environment Programme (UNEP) to improve access to climate change mitigation and adaptation technologies in developing countries.

Solar market revenues predicted to hit $137bn


Revenues from the global solar market are predicted to more than double in the next five years according to a new report.

European thermal power sector ‘uninvestable’ says IEA’s Birol


The European thermal power plant market is “almost uninvestable” at the moment according to Fatih Birol, chief economist of the International Energy Agency.

UK gets fourth energy minister in as many years


The UK has two new energy ministers following Prime Minister David Cameron’s most extensive Cabinet reshuffle yesterday.

Asian Development Bank invests $228m in Pacific energy projects


The Asian Development Bank is to invest $228m in energy projects in the Pacific in the next three years to help the region reduce its heavy reliance on fossil fuels.

Iberdrola and Gamesa awarded turnkey wind project in Honduras


Spain’s Iberdrola Energia and Gamesa have signed an agreement with Grupo Terra of Honduras to build the San Marcos wind farm on a turnkey basis at a cost of EUR62m ($84m).

White Rose CCS is biggest winner in EC €1bn funding


The European Commission has awarded funding worth a total of €1bn ($1.3bn) to 19 clean energy projects, with the biggest winner being the White Rose carbon capture and storage plant in the UK.

Alstom hails HVDC link as South Korean milestone


Alstom Grid has completed a “first of its kind” 400 MW high voltage direct current turnkey project in South Korea.

China to overtake US as diesel genset market leader


China is poised to overtake the US as the global diesel generator set market leader according to new data.

Uruguay's UTE signs 30-year solar PPA


UTE, Uruguay's state-owned power utility, has signed a 30-year power purchase agreement (PPA) with Fotowatio Renewable Ventures to buy electricity generated by solar photovoltaics.

Asia to outpace Europe in renewables investment says BNEF


The Asia-Pacific region will spend $3.6 trillion between now and 2030 to meet its power demands, and two thirds of that sum will go on renewable technologies, according to a new report.

Civil works to begin on Endesa Chile’s Los Condores


Spain’s Endesa has put the recent cancellation of its controversial HidroAysen project in Chile behind it, and is set to start the civil works of the 150 MW Las Condores hydro station this month.

Climate change minister advocates shale gas to fight emissions


UK Climate Change Minister Greg Barker has said that shale gas has a key role to play in cutting carbon emissions and helping to eradicate the use of coal.

Metso wins waste to energy deal in UK


Finnish automation solutions company Metso has signed a deal with Babcock & Wilcox Vølund to supply automation for a waste-to-energy plant in the UK. 

Uruguay to be wind power leader within two years


Historically Uruguay has had a power mix primarily based on conventional resources, but that is now changing thanks to increasing wind power development.

GESA and HAE sign MOU to collaborate in Colombia


USA’s Hydro Alternative Energy Inc. (HAE) is to collaborate with Colombia's Generamos Energia (GESA) in the development of hydro, as well as potentially other power projects in this South American country.