China Mulls 3 Trln Yuan Spending For Renewable Energy
China is considering investing a more than 3 trillion yuan (US$440 billion) in the renewable energy sector by 2020, an official with the National Energy Administration said on Tuesday.
China is considering investing a more than 3 trillion yuan (US$440 billion) in the renewable energy sector by 2020, an official with the National Energy Administration said on Tuesday.
A lack of project funding threatens to undermine the solar industry's already fragile growth prospects, two of the sector's biggest players said on Tuesday, reporting profits that missed market forecasts.
Australia's government will spend A$4.5 billion (US$3.4 billion) in partnership with private investors to build up to eight commercial power stations testing clean coal and solar technologies, Treasurer Wayne Swan said on Tuesday.
The Karnataka Energy Department plans to set up at least one lakh solar roofs in the next five years to emerge as the number one in the country in terms of renewable energy usage.
Power generation from renewable sources such as wind turbines, solar cells and biomass plays a small but important part in satisfying total electricity demand around the world, and is growing at an exponential rate thanks to generous public subsidies and government support.
California utility Pacific Gas and Electric Co on Wednesday announced an expanded agreement with solar thermal power company BrightSource Energy Inc for more than 1.3 gigawatts (GW) of clean, solar energy.
The German solar industry expects a recovery in the second half of this year after a string of earnings showed on Thursday the sector has written off the first three months as the low point of 2009.
Selco
Remote villages of Deh Tiko Baran in Jamshoro district will be provided electricity generated through solar technology at a cost of Rs10 million.
Nandini Chandrashekar, DH News Service,Bangalore: Power cuts at the Government
German solar companies that have not yet set up US and Chinese production plants are likely to lose out on significant subsidies and will struggle to bring down their production costs to the levels of their Asian peers.
The government is likely to take initiative to make the installation of solar power system easier and cost effective in urban areas so people could cope with the mounting power crisis. Sources said the government is eager to simplify solar power equipment import and offer special bank loan for its import and installation.
Chinese solar company Suntech Power Holdings Co Ltd said it was starting a 1.5 megawatt rooftop solar system project in Jiangsu province in China and the project is expected to be eligible for subsidies by the Chinese government. The photovoltaic module maker said it was building the system in HuaiAn City with state-owned Jiangsu Guoxin Asset Management Group.
This fourth edition of REN21
K Subramanya Although interrupted A by the current glob A al slowdown, the Indian economy needs to return to the growth rates of 8-9 per cent p.a. of the last 4 years. If we have to lift out of poverty the 400 million fellow Indians who live on less than one dollar a day, the growth rates need to continue and scale even greater heights.
Suntech Power Holdings Inc and ReneSola Ltd lowered their full-year forecasts on Thursday as the credit crisis has choked off funding for renewable energy projects, sending shares of the Chinese solar power companies down sharply.
Aarti Dhar NEW DELHI: The government intends to make mandatory the use of solar heating systems in all functional buildings under the first phase of the proposed National Solar Mission.
Recent share placements by renewable energy companies suggest the industry has passed through a financial bottleneck, but investor appetite for further stock sales could vanish as quickly as it surfaced.
New Delhi: Though cyclone Aila has ravaged Sunderbans, it has failed to cut it off completely from the mainland. Phones and a weather warning and climate adaptation system are still functional
Smriti Kak Ramachandran NEW DELHI: Power distribution company North Delhi Power Limited has initiated a pilot project wherein solar energy can be generated on smaller scale on roof tops of residential as well as commercial buildings.