Renewable Energy

Renewable energy vs fossil fuels
Read Full Story In a groundbreaking study issued by the World Future Council the future usage loss resulting from current oil, gas and coal consumption has been put at between USD3.2 and 3.4 trillion per year. Opponents of renewable energy claim conventional energy sources are cheaper on the whole, but the new World Future Council report asks what costs are incurred when renewable energies are not used.
Indian wind turbine giant Suzlon Group and Orange Renewable Power, an independent power producer, have agreed to jointly develop a 50.4-MW wind energy project in the Jaisalmer district of Rajasthan.
The Philippine Stock Exchange will see a sizable renewable energy flotation from the power  generation arm of the Sunwest Group of Companies. Plans are still being outlined but currently hydropower holdings are expected to make the majority of the asset base.
Having stimulated a veritable gold rush of solar power project developers since its introduction of an exceptionally generous feed-in tariff (FiT) last July, Japan is set to cut its solar FiT by as much as 12 percent from the beginning of April.
The International Renewable Energy Agency (IRENA) has launched the world's first atlas on clean energy which will offer open-access information on countries' renewable energy potential.
Japan is to set up an USD11.2m clean power fund as it seeks investment from the private sector into its green infrastructure build-out.
China, the world’s biggest carbon emitter, is looking to address a roadblock slowing the development of wind power by connecting idled wind farms to the electricity grid.
China was the world's largest energy producer for a fifth successive year in 2012, according to China's energy authority, The National Energy Administration (NEA).
China has said it will provide subsidies to a further 496 new renewable power projects that under a tariff surcharge program, with wind farms making up over three quarters of the total according, to a list posted on the Ministry of Finance website yesterday.
Philippine company Basic Energy Corp is reported to be on the verge of signing a USD2 billion deal to develop both renewable energy and oil and gas projects.