French energy engineering firm Areva and Spain's Gamesa Corporación Tecnológica Monday said they were joining forces to create an offshore wind power business, embracing the consolidation wave of an industry plagued by massive costs. The two groups will have an equal share of the joint venture which still has no name, Areva renewables division's head Louis-Francois Durret said during a conference call. The move highlights the hurdles faced by the burgeoning offshore wind power industry, as massive research and development costs have hampered growth even though governments around Europe and elsewhere are eager to boost the green part of their energy mix. The costs have triggered consolidations; this latest tie-up follows the creation of a joint venture between Japan's Mitsubishi Heavy Industries Ltd. and Denmark's Vestas Wind Systems last autumn.
SGS North America Inc. has approved Daetwyler Clean Energy for ISO 9001:2008 Certification. This certification covers their Engineering and Supply of solar racking systems
ATI increases total square footage at home office by 42%
As an equipment partner, SnapNrack has committed to donating 250 kW of roof-mount racking to support GRID alternatives mission to provide solar power to low-income residential housing.
With the current uncertainty of the PTC and many wind-farms aging, the wind industry is shifting its focus from putting new towers in the ground to maintaining existing fleets through structured management programs.
New Power Pack Offers Up to 130ah Storage, with 12V DC and 120V AC Power Outputs Built-in
Billionaire bankers gathered at the United Nations yesterday to call for more investment in renewable energy -- $1 trillion a year, to be exact. It won’t be easy. Global investment in renewable energy fell 12 percent in 2013 to $254 billion, according to data released by Bloomberg New Energy Finance (BNEF), casting a shadow over the notion of a “clean trillion.” Last year was the second decline in renewable investments since 2011’s record-high $318 billion. Investors and climate-policy advocates including hedge-fund billionaire Tom Steyer and former U.S. Treasury Secretary Robert Rubin called for changes to financial markets that would boost investment. Financing must double by 2020 and double again to $1 trillion by 2030 in order to avoid global warming of more than 2 degrees Celsius, reports Ceres, the host of yesterday's conference. These top-line numbers are fuzzy and paint a picture that’s perhaps more bleak than reality. First, the price of solar energy continues to tumble, so more renewable energy is being generated with fewer dollars invested. Second, while BNEF’s clean-energy tally is the most comprehensive for renewable energy, it’s not all-encompassing; it doesn’t include most energy-efficiency measures, fuel-efficiency gains or expanded public transportation.
The Department of Energy (DoE) announced updates on the Integrated Resource Plan for Electricity (IRP) 2010-2030. The final draft that is to be submitted to Cabinet by March proposes an increase of CSP capacity from 1,200 MW - under the current IRP - to 3,300 MW.
CSP Today webinar featuring HSBC Saudi Arabia and Eversheds LLP to discuss project bankability in Saudi Arabia
This complimentary webinar will discuss the investment criteria and challenges of securing finance in the world's most promising solar market.
International provider of testing and certification services TÜV SÜD has been commissioned by REpower Systems SE, Hamburg, to carry out type certification of its new offshore turbine REpower 6.2M152.
ReneSola to Provide 32 MW of Virtus PV Modules to Isolux Corsan
The 20-megawatt solar photovoltaic (PV) project is located on approximately 146 acres in the Mountain View Industrial Park in the city of North Las Vegas.
International Recognition of SWCC Ratings for Medium Wind Turbines
An initial economic assessment of the process has indicated the technology could produce ethanol at a cost savings of roughly 10 percent when compared with current state-of-the-art technologies.
Solarpraxis AG creates new subsidiary
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