WADE News Service
A Global Roundup of Decentralized Energy and Distributed Generation News
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Displaying 1 through 10 of 522 total results.
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July 12, 2010
Part of a $1 billion credit facility backed by the Export-Import Bank of the United States (Exim Bank) for Indonesia should be used to help develop clean energy projects such as geothermal power, a senior U.S. official said on Monday.
The U.S. Exim Bank announced in late June it had pre-approved 11 Indonesian banks to receive funds under the scheme, which aims to make credit available to public and private sector businesses under low or fixed-interest rates. U.S. energy major Chevron Corp is among firms that have bid for a geothermal power project in Indonesia, as the country seeks to boost erratic power supply and cut its greenhouse gas emissions.
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July 12, 2010
International Finance Corp., the investment arm of the World Bank, is looking to invest around $300 million this year in the Philippine power sector, including renewable energy projects.
Jesse Ang, IFC resident representative to the Philippines, told reporters that IFC had invested around $900 million in the country in the past three years, with $600 million to $700 million going to the power sector.
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July 12, 2010
Chilean power generator Colbun is planning to install more than 300 megawatts of new capacity using non-conventional energy sources over the next 10 years, local daily El Mercurio reported.
Chile's government wants 20% of the nation's energy coming from alternative power sources by 2020, including such sources as wind, solar, small-scale hydro and geothermal.
"The objective is to, by 2015, have new renewable energy sources that are competitive, and geothermal energy is at the heart of that strategy," Bernardo Larrain, Colbun's chief executive, was quoted as saying by the newspaper.
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July 12, 2010
The European Union could obtain 92% of its energy from renewable sources such as wind and solar by 2050 while cutting carbon emissions by 95% compared with 1990, according to a report.
An extra €2tn (£1.7tn) worth of investment would be needed by the middle of this century but that could easily be outweighed by €2.65tn of fuel cost savings, argues Greenpeace International and the European Renewable Energy Council.
The report, Energy (R)evolution: Towards a fully renewable energy supply in the EU, claims a mixture of existing technologies plus the widespread adoption of electric cars and demand reduction initiatives would allow a dramatic change in energy requirements without a huge reduction in quality of life.
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July 12, 2010
The Conservative government is spending $240,000 to conduct polls on how Canadians feel about green energy while renewable-energy producers complain their industry is in jeopardy because it lacks funding.
Documents obtained by The Canadian Press indicate that Natural Resources Minister Christian Paradis recently signed off on a plan to conduct extensive public-opinion research on issues ranging from the clean-energy economy to the Energy Star symbol seen on household appliances.
The plan was finalized in the weeks after the federal budget, which had raised the ire of environmental groups for what they perceived as a paltry level of funding for green-energy projects.
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July 12, 2010
Amendments to the photovoltaic feed-in tariffs of Germany's Renewable Energies Act (EEG) were passed today, marking a shift towards the rooftop segment. Germany's Bundesrat (lower house of parliament) approved the amendments this morning, clearing the way for them to become law. The changes abandon field installations on cropland and increase the attractiveness of the own consumption bonus for small and medium-scale rooftop installations. Germany Trade & Invest will have representatives on hand at this year's Intersolar North America in San Francisco, California, from July 13-15 to introduce opportunities for photovoltaic (PV) companies in Germany.
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July 09, 2010
Siemens plans to significantly boost its commitment to Africa by making an additional investment of roughly €200 million in the next two years to expand its business and its sales structures on the continent. “Africa offers Siemens vast opportunities for growth. As a green infrastructure pioneer, we’re a natural partner for mastering the continent’s major challenges. Renewable energies, in particular, have a huge potential in Africa,” said Siemens President and CEO Peter Löscher at celebrations marking Siemens’ 150th anniversary in South Africa.
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July 06, 2010
Plans for more than 3,000 homes have been put forward by East Devon District Council to be built in Cranbrook as part of an eco-town, east of Exeter.
The approved building is a combined heat and power centre based on the nearby Skypark business estate.
It would provide power and heat for both local industry and for homes within the new town, planners said.
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July 06, 2010
Capstone Turbine Corporation, the world's leading clean technology manufacturer of microturbine energy systems, sold the low-emission C600 microturbine to one of the largest natural gas producers in the United States.
The company is producing natural gas from six key reserves -- or plays -- across the United States. It will use electricity produced by the C600 to power a compression station associated with the Marcellus Shale play, labeled a "super giant" oil field that spans northern West Virginia, Pennsylvania and southern New York.
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July 06, 2010
The head of the United Nations agency that promotes industrial development to help countries eradicate poverty today urged Kazakhstan to invest in renewable energy to raise efficiency, boost energy security and tackle climate change.
“As an emerging leader in Central Asia, Kazakhstan needs to promote more exploration in energy sources, including renewable energy,” Kandeh K. Yumkella, Director-General of the UN Industrial Development Organization (UNIDO), said during the 3rd Astana Economic Forum, held in the nation’s capital.
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