Aside from the numerous wind energy stories we’ve already covered this month, here are 7 more you might be interested in: 1. Wind power hits record levels over New Year period in UK. “According to trade association RenewableUK, wind farms met an average of 5.3 per cent of the UK’s electricity … [continued]
China’s solar energy goals for 2015, in the last year, have gone from 5 GW to 10 GW… to 15GW. Last year, on the last day of the year(!), China seemed to reach a total of 1 GW of installed solar power in 2011. This was the first time … [continued]
Other than the many solar energy stories we’ve covered in more depth this month, here are quick summaries of 10 more: 1. India Has Appointed Its Former Nuclear Boss as the Head of Its National Solar Mission. “Manmohan Singh announced he has appointed Anil Kakodkar, former head of the … [continued]
As of of January 1st, 2012, China’s renewable energy projects will no longer be eligible for funding from the EU cap and trade market, through the Clean Development Mechanism (CDM) that allows polluters in the EU to offset carbon emissions at home by building clean energy abroad.
So in December China rushed through 139 CDM-eligible projects in a last-ditch effort to gain the last of the funding for clean energy development before the cut-off date.
Under the European Trading System (ETS) cap and trade system, polluting plants have to pay for every ton of greenhouse gases they send into the air, and have to reduce the amount every year. If they can’t reduce their emissions enough, they have to buy credits instead, with the funds going to develop clean energy in developing nations.
Ceres, director of the Investor Network on Climate Risk (INCR), “a network of 100 institutional investors with collective assets totaling about $10 trillion,” informed us of the above, yesterday, as 450 global investors controlling tens of trillions of dollars from four continents gathered at the United Nations offices in … [continued]
Some more wind project news — 5 big project announcements: 1. 165.6-MW wind farm for Kansas. “CPV Renewable Energy Company (CPV Renewable Energy) announced that it closed financing for the construction of its 165.6 MW Cimarron Wind Energy Project in Gray County, Kansas. The company began construction of the renewable … [continued]
A partnership between Canadian Solar and China’s Ningxia State Power complete a 10MW solar project; more to follow.
By contrast with the US domestic hostage crisis where our Republican kidnappers barely permit our government to keep the lights on each week, the Chinese government issues updated renewable energy plans every five years, and these plans go into detail, for four decades; up to 2050, and setting the target for 2020, 2030 and so on.
Not only has China been making the long-range plans normally considered one of the benefits of a democratically elected government in an industrialized nation, but while we have dithered, China is now scaling up those ambitions exponentially. China added so much wind so fast that last year it became the world leader.
Now it plans 200 GW by 2020, and 1,000 GW by 2050. To get an idea of the vast scale-up of this level of ambition, look at what China was timidly planning in 2007, based on little experience with wind, in its previous five-year plan:
China Development Bank is stepping up its international lending to leading Chinese solar power companies even as the industry is being rocked by a glut of solar photovoltaic (PV) modules and heightened uncertainty of government support in key markets. LDK and its US subsidiary SPI Solar announced CDB is providing them financing totaling $64 million to carry out solar PV project development in California and New Jersey.
If you’re in the solar industry, or care much about it, I’m sure you’ve heard of the “solar trade war”/solar industry trade dispute going on right now. Basically, a handful of solar manufacturing companies from the U.S. and Germany (led by SolarWorld) contend that china is dumping its solar goods … [continued]
