Renewable Energy News
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Updated 1 hour, 3 minutes ago
For tech startups looking to go public, there's no better place than the U.S., as Tableau Software reminded us last week.
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Updated 2 hours, 52 minutes ago
Munich Re, the biggest re-insurer, is buying three wind farms in Sweden with a combined capacity of 30 megawatts as it earmarks 2.5 billion euros ($3.2 billion) to invest in renewable-energy assets.
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The restructuring administrator of Suntech Power Holdings Co.’s Wuxi unit, which was forced into bankruptcy in March, has confirmed 3.32 billion yuan ($541 million) of debt claims, the Wuxi city government said.
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OneWind Australia, a venture backed by private equity fund Denham Capital Management LP, expects the first of as much as $2 billion in wind farms it plans in the country to start operating by 2015.
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Britain, under pressure to build new power stations, could save as much as 100 billion pounds ($150 billion) through 2050 by spending on wind, nuclear and carbon capture rather than gas, the government’s climate adviser said.
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European Union leaders urged faster integration of the bloc’s power and natural-gas markets to lower energy prices as the U.S. shale-gas revolution widens the EU’s cost gap with its largest trading partner.
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The European Union is poised to penalize imports of Chinese solar products, a move that would increase Europe’s cost for most photovoltaic panels an estimated 45 percent overnight.
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SSE Plc plans to reduce its share of spending on renewable energy through March 2015 in favor of increased investment in its networks business, where rates for power and gas distribution and transmission are regulated.
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Juhl Energy Inc., the Pipestone, Minnesota-based renewable-energy developer, acquired two 1.65- megawatt wind farms in Canada, its first projects outside the U.S.
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U.K. economic policy prevents Scotland from developing its strengths and is holding back a country that would be better off independent, the government in Edinburgh said in a report published today.
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