Bloomberg New Energy Finance released their global trends for investment in renewables in 2011, here it is digested for you: Global investment in renewables jumped 32% in 2010, to a record $211 billion. It was boosted especially by wind farm development in China as well as small-scale solar PV installation on rooftops in Europe. Noteworthy [...]
23 May 2011
by Peter Richards - Category: News
The Kingdom of Morocco is working hard to reduce dependency on fossil fuels. With current fuel imports at 95%, the country’s energy security is at risk. That’s why in November 2009, the King announced the Moroccan Solar Plan, a 2,000 MW solar target by 2020, augmenting an earlier target of 2,000 MW of wind by [...]
Recent unrest ion Northern Africa might have caused some to doubt the mega-project Destertec, but its initiators are still confident it is going to happen. In fact, Dii GmbH (Desertec Industrial Initiative) is stepping up its activities in Tunisia and is intending to open an office in Tunis to accelerate the implementation of DESERTEC through [...]
A new report from The Boston Consulting Group (BCG) proves again what many in the line of green businesses already expect: a rapid growth of renewable energy technologies. In fact, the report concludes that such sources of energy are right on track to stir up our conventional energy-mix, and faster than it was anticipated.
With DIREC 2010 in India and the Cancun Summit, two major events concerning renewable energy are lined up and again everyone talks about the need to increase the share of clean energy in our total energy consumption. Whilst most experts see the greatest potential for photovoltaic power, up to date wind turbines still have the [...]
08 Jul 2010
by GVEP International - Category: Contributed News
Wind power industry in India has all the required components to become the country’s main renewable energy source according to AM Devendranath, Associate Vice President at research-based consulting firm Feedback Business Consulting Services. Unlike other sources, wind is said to have all the required components to achieve a mature industry status.