Work on a concentrated solar power project allocated to GDF Suez is progressing well, according to news from the developers. Sener and Acciona formed a consortium to develop the 100 MW Kathu solar thermal power plant in South Africa, situated in the Northern Cape Province, 600 km south-west of Pretoria. The … [continued]
The United Arab Emirates will soon add 100 MW of solar photovoltaic (PV) power capacity. The Federal Electricity and Water Authority (FEWA) plans to set up solar PV projects across the Northern Emirates. The power plants will be part of UAE’s Vision 2021, which plans to source 24% of its energy … [continued]
Singapore-based investment firm Mercurius Capital is set to explore opportunities in the untapped solar power market of the Caribbean and is planning to launch a private equity fund for the same. Through the Caribbean Solar Power Investment PE fund, Mercurius Capital plans to raise $300 million to finance 100 to … [continued]
Saudi Arabia has taken the first steps towards establishing a strong foundation for the growth of solar PV power infrastructure. International planning, architecture, and interior design firm, ci design, has been selected to lead the design and planning of a 110 MW solar PV modules manufacturing facility set to be developed … [continued]
German wind turbine manufacturer Nordex has secured an order to supply wind turbines to a project by Enel Green Power in South Africa. Nordex will supply 37 N117/3000 wind turbines to the 111 MW project by Enel Green Power at Gibson Bay in Eastern Cape province. According the Nordex, the project … [continued]
The Guardian Media Group, publisher of the award-winning newspapers Guardian and Observer, has announced that it will sell off all fossil fuel assets in its £800 million investment portfolio. Neil Berkett, Chairman of the Guardian Media Group, justified the decision citing financial and ethical reasons. The share of fossil fuel assets … [continued]
Trina Solar has offloaded its third solar power project in the UK in-line with its strategy to develop and sell power assets. The China-based solar power giant sold the 49.99 MW solar photovoltaic (PV) power plant located in Norfolk. The project has been acquired by Bluefield Solar Income Fund (BSIF) for … [continued]
Enel Green Power has set the ball rolling on one of the wind energy projects it secured in auctions under the South African Renewable Energy Independent Power Producer Procurement Programme. Enel Green Power has secured a loan worth $170 million to set up a 111 MW onshore wind energy project at … [continued]
Mexico has been in the news for being the first developing country to submit an emissions reduction target for 2030… but it also watered down its short-term renewable energy target. The Mexican government targets 5% electricity from renewable energy sources by 2018. This is substantially lower than the 8.2% target proposed … [continued]
Renewable energy sources contributed about 80% to the total electricity generated in New Zealand in 2014, latest figures released by the government show. According to Ministry of Business, Innovation and Employment, the share of electricity generated from renewable energy sources, like geothermal, hydro, wind, and biogas technology, was 79.9% in … [continued]
