Renewable Energy

Combined wind and solar farm
Read Full Story A few years ago the clean energy industry seemed to be entering a golden age of limitless growth and infinite potential, the arrival of a new Aquarian age of progressive environmental business. The arrival of the global financial crisis, coinciding with the failed Copenhagen climate talks, put an end to all that, writes Michael Liebreich, Chief Executive, Bloomberg New Energy Finance, on the company's website.
TEPCO feeling old
September 07, 2012
The president of cash-strapped Tokyo Electric Power Co (TEPCO), the utility behind the disaster at tsunami-hit Fukushima nuclear power plant, says the company is unable to fund a move into renewable energy Speaking to the Associated Press, TEPCO’s Naomi Hirose, called the government’s announced intentions to move to a zero nuclear energy mix "quite troubling." He added, however, that TEPCO would follow whatever energy policy Japan adopts.
Ernst & Young's (E&Y) quarterly “country attractiveness” report rates China as widening its gap as the clear leader over the US in renewable energy, further validating US Environmental Secretary Steven Chu’s warning in late 2010 that America facing “a sputnik moment” in the sector.
China’s The Ministry of Commerce (MOC) is demanding the United States removes supporting measures for its renewable energy industry, accusing it of violating the World Trade Organization rules, according to reports in various news media today.
Seattle-based global renewable energy risk analysis firm 3TIER has announced that it will open an office in Beijing to serve what it calls “increased demand” for its services in China, Japan, Korea, and Southeast Asia.
There is a doubling of wind power generation capacity in Sri Lanka following the addition of three new parks of 10-MW each. Connected to the grid last week the three farms bring Sri Lanka’s total power generation capacity to 3,120-MW.
A comprehensive new study has been published by Australia’s new Bureau of Resources and Energy Economics (BREE), providing “the best available and most up-to-date cost estimates” for 40 utility-scale electricity generation technologies between now and 2050, albeit under Australian conditions.
According to figures released last week by the US Energy Information Administration (EIA), the country’s energy-related carbon emissions hit a 20-year low during the first quarter of the year.
In a move to get back on its feet following economic losses that were partly a result of its environmental disasters last year, the Japanese government is putting “green growth” at the core of its recently approved long-term economic revival plan.
The government of India has set possible renewable purchase targets for all states for the next five years following the completion of a study on the subject by the Forum of Regulators, a statutory body of electricity regulators.