Energy transition
Solar Power - Dark times for solar power
This year looks tough for solar power, with Spain, the largest market in 2008, capping new production. Finding private financing is harder, making clear feed-in tariff policies essential, finds Vanya Dragomanovich
US wind energy grows by 8300 MW in 2008
A record 8358 megawatts of new wind-powered generating capacity was installed in the US in 2008, according to the American Wind Energy Association (AWEA). The $17 billion investment represents a 50% growth on 2007 generation levels.
Obama plans alternative energy boost
US President-elect Barack Obama has pledged to double alternative energy production over the next three years and construct a new smart grid as part of an economic stimulus plan.
RWE Innogy to build 960MW offshore wind farm
RWE plans to invest $2.8 billion in its first German offshore wind farm following the acquisition of project company ENOVA Energieanlagen, part of the ENOVA Group.
Econcern to make €863 million investment in China
Renewables firm Econcern is to invest €863 million in four onshore wind projects in China. The total investment represents 720 megawatts of sustainable generation capacity.
Enel launches renewables arm
Italian energy company Enel launched renewables arm Enel Green Power on December 1, to expand operating power generation from renewable resources in Europe and internationally.
Vattenfall to build offshore wind farm in UK, joins forces with ScottishPower
Swedish power company Vattenfall has acquired UK wind farm Thanet Offshore Wind and has joined forces with ScottishPower for Crown Estate’s Round Three of tender bids to develop offshore wind power in the UK.
China displaces UK in top five countries for renewables
China has moved into the top five most attractive countries for renewables investment, knocking the UK to sixth place, according to an Ernst & Young survey. The Energy country attractiveness indices, published by E&Y every quarter, look at a country’s…
A path for renewables
Renewable energy needs to become a bigger part of the US energy mix, but there are still a number of hurdles to clear, explains Richard McMahon of the Edison Electric Institute
Powerful ambition
Backed by the financial might of Russia's Renova Group, Avelar Energy is investing in conventional and renewable energy assets across western Europe. Avelar's CEO, Igor Akhmerov, tells Roderick Bruce about his company's strategy
Romanian wind farm to be largest in Europe
European utility giant CEZ Group has bought two adjacent wind farms in Romania from Eastern European renewables developer Continental Wind Partners (CWP).
Profile: Dow Chemical - Chemical reaction
Dow Chemical, the largest commercial consumer of energy in the US, is trying to formulate a response to soaring annual energy costs of $32 billion, while meeting environmental targets. Roderick Bruce examines the company's energy strategies
T Boone launches wind power plan
Texas oilman T Boone Pickens has launched a plan to address the United States’ dependence on foreign oil by aiming to generate at least 20% of the nation’s energy supply through wind power.
Hedges are growing greener
Opportunities for hedge funds in traditional energy markets are not as common as a few years ago. As a result, some hedge funds are turning to green energy markets in search of price anomalies and arbitrage opportunities, William Rhode discovers…
Rising suns
Asia's rapidly growing and energy-intensive economies are driving a global nuclear renaissance, writes Lauren Hilgers