UK: Major business investments for RE
UK Business Secretary Vince Cable has confirmed Government support for multi million pound investments to secure low carbon and science projects in the UK and the Post Office Network.
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Masdar Said to Lose Research Chief
Tariq Ali quit as head of research at Masdar Institute of Science and Technology after a year in the post, said two people familiar with the matter, the latest departure from Abu Dhabi’s flagship renewable energy project.
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US: Coalition calls for clean energy bill
On the heels of President Obama's June 15 speech calling for clean energy legislation, a new coalition of renewable energy, energy efficiency, and biofuels organizations today called on the U.S.
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AGL to ‘Fast Track’ Australian Wind Farm
June 24 (Bloomberg) -- AGL Energy Ltd., Australia’s largest electricity retailer, plans to “fast track” the A$800 million ($700 million) Macarthur wind farm after the Senate approved revisions to laws aimed at spurring renewable energy investment.
The changes give the industry the certainty it needs to spend on clean-energy projects and allow AGL Energy and partner Meridian Energy Ltd. to accelerate plans for the wind farm in the state of Victoria, Sydney-based AGL said in a statement to the Australian stock exchange today.
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PM to address China trade chiefs
A Who's Who of 250 Australian business leaders is gathering in the Great Hall of parliament in Canberra today to meet Chinese counterparts.
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Market for Solar Panels in 2010
In 2008, the sales of solar power panel amounted to 5.6GW, which is nearly up 48 percent. 3.3GW or 60 percent of the solar panel sales were done in Asia, in the year 2008. Besides roughly 1.5W solar energy sales were done in Europe. While the United States accounted for a mere 750MW solar power panel sales.
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Scrap subsidies on petroleum, coal-based energy
Leading industrialist Jamshyd Godrej has called for a paradigm shift in India's approach vis-a-vis tax and subsidy structures related to petroleum and coal-based energy resources.
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Solar Technology Company to Invest in Jamaica
United States-based lighting and solar technology company GreenRg Management, LLC, plans to invest in Jamaica through its Light Emitting Diode (LED) technology.
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Can Obama break our oil addiction?
Two surreal things happened within the span of two days. In his televised address, President Obama again sternly warned that the nation must break its dependency on oil. He again called on Congress to pass an energy bill that would vastly expand our hunt for and use of alternative and renewable energy sources.
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Bulgaria finances renewable energy pro
The Bulgarian Development Bank (BDB) has placed EUR 20 million worth of unsecured bonds with the intention of funding new and refinancing existing infrastructure projects for renewable energy production and hard waste recycling.
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'Hippy' wind farm tycoon receiving millions
With a fortune estimated at close to £100 million, Dale Vince, a former hippy who once lived in a truck, is probably Britain's most successful eco-tycoon.
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China: Venture to develop geothermal energy
China Petrochemical Corp, also known as Sinopec Group, has partnered an Iceland-based company to set up a new venture to further develop geothermal energy in China as it seeks to expand the renewable resource.
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APEC wants continued development of renewable energy
Renewable energy technologies are declining in cost but continued efforts are required to further reduce this, according to energy ministers from the 21-country Asia-Pacific Economic Cooperation. Solar, wind, geothermal and bioenergy for electricity, and biofuels for transport, are diversifying energy supply, and energy ministers urged “continued technology development efforts to further reduce their costs, standardise products, develop supply sources, and share best practices to accelerate their use in electricity generation, buildings and transport sectors.”
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Moving towards a clean energy future
The Government is today introducing amendments to the Renewable Energy Target that will create greater investment certainty for large-scale renewable projects such as wind farms, and will ensure support to households for small-scale renewables remains well targeted.
Minister for Climate Change and Energy Efficiency, Senator Penny Wong, has today announced three Government amendments to the enhanced Renewable Energy Target:
- Excess banked RECs: In the event of very high numbers of Renewable Energy Certificates (RECs) being created from small-scale renewable sources in the next six months, the Bill includes a provision to temporarily increase the target in 2012 and 2013 to provide greater investment certainty. The 20% by 2020 target will remain, as any temporary increase will be offset by reducing targets by the same total amount of RECs between 2016 and 2019.
- Household RECs review: The process for review will be strengthened in the Bill, with the Minister to be given independent advice on matters relating to RECs under the Small-scale Renewable Energy Scheme (SRES), including whether the $40 REC price remains appropriate over time.
- Solar Credits: To provide flexibility to deal with changes in the cost of solar panels, the Renewable Energy Regulator will be given power to adjust the Solar Credits multiplier. The Government will consult on draft regulations to implement this arrangement later this year.
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Combet refuses to release insulation safety figures
The Rudd government is refusing to release the results of 57,000 safety inspections of homes insulated under its botched $2.45 billion program.
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Alternatives to incandescent bulbs
When Ikea announced this week that its 48 U.S. and Canadian stores will stop selling traditional incandescent light bulbs by the end of the year, the real story wasn't the bulbs. It was how a shift from the soft white glowing globes of decades past will affect the design of lamps, sconces and chandeliers of decades future.
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Burning question of renewable energy
A deperate battle is being fought on the sidelines of the government debate about the new renewable energy target (RET) legislation and it is set to resume this week. The fight is about burning native forest timber and calling it renewable energy. The dollar figures involved - and megawatts of power generated - are small, but the environmental ramifications are huge, and emotions are running high.
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IEA: Oil output threatened by moratoriums
Global oil output could fall up to 900,000 barrels a day from projected levels for 2015 if oil producing countries follow the U.S. lead and impose moratoriums on development of new offshore oil reserves, International Energy Agency Executive Director Nobuo Tanaka said Friday.
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Spain planning huge leap forward in RE
Despite cuts, Spain’s subsidy structure still enables renewable power producers to earn up to 10 times more than fossil fuel producers for their energy. However, Spanish Prime Minister Jose Luiz Rodriguez Zapatero plans to continue incremental cuts in those subsidies. He believes that his country’s goals will be obtained through increased private investment.
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Wind energy firms cite barriers
The wind energy potential of the Philippines faces two barriers, and the government needs to define policy to unlock the potential, according to an industry group.
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Brown: 20,000MW more clean energy in California
California’s Attorney General, Jerry Brown, has promised to set targets to build 20,000 megawatts of new renewable energy generating capacity by 2020, if state voters re-appoint him as state governor.
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India's RIL interested in renewable energy
India's Reliance Industries Ltd. is considering expanding its business to include coal and renewable energy based project.
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Swedish approve nuclear plant replacements
Sweden's parliament on Thursday narrowly passed a landmark government proposal allowing the replacement of nuclear reactors at the end of their life span.
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Senators call for Big Oil to fund RE grants
A group of US senators is proposing measures to extend a federal grant program for renewable energy projects, which is due to expire at the end of the year.
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Solar 'will safeguard future cheap energy supplies'
Solar energy will play a crucial role in securing the future of sustainable cheap energy, an industry expert has said. Rakesh Singh, co-founder of Staten Solar, said within the coming decades, the solar energy industry could outpace growth levels of other sectors, as attention turns to renewable energy sources in the wake of diminishing fossil fuels, reports Sify.
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Spain shoots for 67% more RE by 2020
The Spanish government has plans to increase renewable energy production by 67 percent before 2020. This is especially ambitious given that Spain plans to continue cutting subsidies for wind and solar power, the two technologies providing the bulk of expected renewable gains over the next decade.
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Democrats may aid RE in Oil Spill Bill
Senate Democrats will debate today whether a bill that responds to BP Plc’s oil spill should benefit renewable energy sources and limit greenhouse gases.
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Australia Power Market Outlook to 2020
This report gives detailed information on the Australia power market and provides growth estimates up to 2020. The study provides historical and forecast statistics for installed capacity, power generation and consumption for key power generation technologies such as thermal, hydro and renewables.
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Renewable Energy Target legislation stalled
Several sources are reporting the Federal Government has withdrawn legislation related to a revamp of Australia's Renewable Energy Target (RET) and that it may not be presented again until after the next Federal election.
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Energy Australia using TIBCO software
Energy Australia, the state-owned utility of New South Wales, says it has employed technology from TIBCO Software Inc. to form the backbone of its advanced metering infrastructure and meter data management systems.
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Climate Group calls on cities to partner SMART 2020
Cisco and international non-governmental organization The Climate Group convened some of the world's leading cities in China today to expand their landmark network of smart cities, states and regions in a bid to reverse growing levels of urban greenhouse gas pollution.
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US: DOE $60M to expand energy efficiency
The U.S. Department of Energy announced that 20 communities have been selected for more than $60 million in funding under the American Recovery and Reinvestment Act to implement local energy efficiency and renewable energy programs.
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Europe strongly dedicated to renewables
There has already been an unjustifiable amount of toxic black oil spread out in the Gulf of Mexico. This is certainly a strong appeal for change in national energy policies not only for the Obama administration but for the whole world. However, in terms of energy supply, United States of America could learn a great deal from simply evaluating energy sources on the other side of Atlantic.
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NREL to partner on offshore wind research
The U.S. Department of Energy’s (DOE) National Renewable Energy Laboratory (NREL) and the University of Delaware (UD) today announced they will work to facilitate the potential establishment of a test site for commercial wind turbines off the Delaware coast.
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Greens: chance to end addiction to fossil fuels
Wind turbine makers and solar panel companies were stepping up their lobbying of lawmakers in the US after Barack Obama, the president, made another pitch for "clean energy" in his Oval Office speech. They see the current crisis as a unique opportunity to push the benefits of "clean" energy over fossil fuels. Several US-listed solar power companies saw their share price rise as investors anticipated Mr Obama's speech last night.
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Hydroelectric Revolution: River Runs Through It
Two years ago, British Columbia’s premier electric utility company, BC Hydro, issued its “Clean Power Call” – a bid for the province to achieve electric self-sufficiency through renewable energy by 2016. That aggressive goal sparked an intense competition.
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Spain to boost RE production 67% by 2020
Spain’s government aims to increase renewable-energy production by about 67 percent during the decade, even as it reduces subsidies for clean power, according to a draft proposal.
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Turkey urged to develop wind power
Global renewable energy experts said Turkey could become self sufficient in energy production if it incorporates advanced energy generation technologies.
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Murky future seen for clean energy
President Barack Obama has vowed the Gulf of Mexico spill would speed the end of US dependence on fossil fuels, but experts doubt reality can match his rhetoric.
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Qld govt does homework on electric cars
Electric cars are set to hit Australia next year and the Queensland government is doing its homework to ensure power grids are not overburdened.
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