News

India seeking to double renewable energy capacity by 2017

21 April 2013 | Energy, Asia, Policy & Legislation, Solar

Government officials in India have claimed that they will double the countries renewable energy capacity to 55000 MW by 2017.

Accelerating our journey to a new energy architecture

09 April 2013 | Energy, Finance & The Green Economy, Wind

While investment in renewables declined globally in 2012, reversing earlier trends, 2013 is already shaping up to be an incredibly important year for the renewable energy industry.

Major renewable energy projects announced for California and Nevada

14 March 2013 | Energy, North America, Solar, Wind

The Department of the Interior in the USA has announced that three major renewable energy projects will go ahead. Two significant solar projects will be located in California, and the third is a wind project that will be located in Nevada.

E.U. agrees €150 million loan for climate change mitigation projects in India

11 March 2013 | Energy, Finance & The Green Economy, Asia, Europe

The European Investment Bank and Exim Bank have signed a €150 million ($195 million) loan to support climate change mitigation projects in India.

Australian company to invest in US renewable energy industries

13 February 2013 | Wind, North America, Oceania, Energy

AMP Capital Investors Ltd, the Sydney-based company, is planning further investments in U.S. energy industries after putting money into the country’s renewable energy industry for the first time. AMP, managing about $130 billion in funds, is looking back U.S. industries including wind energy, gas-fired power projects and pipelines.

President Obama to act on climate change even without support of US Congress

13 February 2013 | Energy, North America, Policy & Legislation, Solar

Barack Obama has told divided House of Congress lawmakers that he will act on climate change even if they do not and the United States President pledged to set ambitious long-term goals such as ending the car's dependence on oil. Obama promised that he would work to promote solar, wind and clean natural gas energy and urged citizens and businesses to cut the energy wasted by homes and industry by 50 per cent over the next 20 years.

Chinese company joins WWF's Climate Savers Programme

05 February 2013 | Energy, Asia, Solar, Wind

WWF has announced that Yingli Green Energy Holding Company Limited (Yingli), one of the world’s largest manufacturers of solar panels, has become the first Chinese company, to join WWF’s Climate Savers programme. Yingli is also the first Chinese company to set a renewable electricity consumption target and by the end of 2015, at least 4% of the electricity that Yingli consumes will come from renewable sources. Renewable energy sources, including solar, biomass, wind and geothermal, currently comprises 1% of China’s energy consumption portfolio.

Kenya 2030 initiative helping to fuel growth with renewable energy

05 February 2013 | Energy, Africa, Solar, Wind

Research from the International Renewable Energy Agency (IRENA) has indicated that Africa has the potential to fuel the vast majority of its future growth with renewable energy. Kenya 2030 is one initiative that is helping to make this ambition a reality and is promoting a robust economy driven by an efficient and reliable supply of electricity to fuel economic growth.

Scottish government to invest £1.14 billion to tackle climate change

04 February 2013 | Energy, Wind

The Scottish government has announced it will be investing over £1 billion as part of a three-year plan to combat climate change, with the country aiming to decarbonise its power sector by 2030 and upgrade its offshore wind sector. First Minister Alex Salmond announced Scotland's ambition to cut carbon emissions from electricity generation by more than 80 per cent by 2030.

UK to invest £24 billion to upgrade power grids and promote low carbon energy

28 January 2013 | Energy, Policy & Legislation, Wind

The UK will be making a £24 billion upgrade to its power grid with the ambition of connecting more of its low carbon energy sources to its network. There is increasing stress on the grid system in the UK as renewable energy technologies grow in popularity. Technologies such as onshore and offshore wind farms are becoming more prevalent in the UK energy porfolio and the new investment will be looking to take this into account.