Renewable Energy

The Philippine's plans to triple its renewable power generation capacity to roughly 15.3 million kw by 2030. The government says it will generate 50 percent of its power from renewables by promoting hydropower, geothermal and wind power.
In the six decades since the precursor of today's BP Statistical Review of World Energy, much has changed. In this BP video Christof Rühl, the oil giant's chief economist, goes back to the roots before reflecting on the major energy market developments of 2010.
Toshiba geothermal
Toshiba plans to expand future sales of renewable energy and move away from any plans on nuclear energy, according to the company's president Norio Sasaki.
According to Bloomberg New Energy Finance, current Australian policies for promoting renewable energy will generate at least USD36 billion in new investments by the end of the decade.
Long-range Energy Alternatives Planning system
The Stockholm Environment Institute (SEI) has released a major new version of the Long-range Energy Alternatives Planning (LEAP) system, its powerful, versatile software system for integrated energy planning and greenhouse gas (GHG) mitigation assessment.
The Vietnam Renewable Energy Development Programme (REDP) has been given a USD2.4 million boost by the Swiss. The cash will be used to both enhance energy security and develop clean energy sources.
Japan offshore wind for Japan
May 13, 2011
Japanese prime minister Naoto Kan says he plans to scrap the national plan of getting half of the country's power from nuclear and instead promote renewable energy sources.
As shareholders took in the grim news that Danish wind turbine maker, Vestas, had made a loss in the first quarter of 2011, despite boosting revenue by 25 percent over 2010, it announced two large contracts in China. The management said the market would prove choppy from quarter to quarter but that overall order books looked healthy.
Nobao Renewable Energy has relaunched its attempt of an intial public offering in the US. Only a month after it postponed an IPO due to "market conditions", the US Securities Exchange Commission (SEC) reports that the latest IPO would raise USD300 million.
First Solar and China Power International New Energy (CPINE) have signed a strategic co-operation framework agreement to work on a range of new solar projects in China and the US.