renewable power generation News
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Statkraft upgrades renewable power generation in Norway
Oslo, - Statkraft has decided to spend more than NOK 1 billion upgrading hydropower facilities. In western Norway, the new power plants Eiriksdal and Makkoren will replace older facilities, while Nedre Røssåga power plant in northern Norway will be modernised. "These investments will result in more renewable energy, increased security of supply and significant local, regional and ...
By Statkraft
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Falling Renewable Energy Costs Provide Wake-up Call to Policy Makers
Renewable energy has entered into a new virtuous cycle of falling costs, increasing deployment, and accelerated technological progress, a ground-breaking report by the International Renewable Energy Agency has found. The cost of solar energy, for example, has dropped below the cost of diesel generation worldwide for communities living away from the electricity ...
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Presidential Meeting at Buckingham Palace
Clarke Energy’s Main Board Director Alan Fletcher participated in a high level lunch at Buckingham Palace on the 20th of October. The private invitation lunch was hosted by HRH Prince Andrew, Duke of York and included a delegation of African Presidents including the President of Uganda, H.E. Yoweri K Museveni, President of Ghana H.E. John Dramani Mahama, President of Rwanda, H.E. Paul ...
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Sustainable and Renewable Power Generation for Global Data Centers
Note: The following is an excerpt from Navigant Research's recent report on global data centers. Reprinted with permission Data centers are critical to a functional global digital economy and society. Investment in cloud storage, colocation, and hyperscale data centers has resulted in the construction of a large volume of new data centers globally, thus increasing energy consumption.Meanwhile, ...
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Aura Systems Joins Forces With Cyclone Power Technologies to Develop Renewable Power Generation
Aura Systems, Inc. (OTCBB: AUSI) and Cyclone Power Technologies, Inc. (OTCQB: CYPW) announced today that the two companies have formed a technology development alliance to combine the all-fuel Cyclone Engine with the AuraGen induction motor and control unit. The partners anticipate that the integrated renewable power generation system will be able to provide a turn-key distributed solution for ...
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Moving forward: MBA Renewables Alumni Discuss “perspectives of renewable power generation for on-grid and off-grid power supply” at the 2nd Alumni Conference
Beuth University of Applied Sciences Berlin and the Renewables Academy AG (RENAC) are organising the second MBA Renewables Alumni Conference, which takes place from 6 to 10 June in Berlin (Germany). Backed with expertise on economic, financial and legal aspects, MBA Renewables former students from 21 countries will discuss “Perspectives of Renewable Power Generation for On-grid ...
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House energy package bad for manufacturers and consumers
American Forest & Paper Association President & CEO Donna Harman expressed disappointment with the energy package passed by the U.S. House of Representatives last night. H.R. 6899 contains a flawed renewable energy portfolio standard (RPS) that will distort energy markets, increase energy prices, and ignores the contributions that existing renewable power generators are making to help ...
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IEA to launch Medium-Term Renewable Energy Market Report 2014 on 28 August
The international launch of Medium-Term Renewable Energy Market Report Press webinar/teleconference On Thursday, 28 August 2014, 11:00 Paris time Maria van der Hoeven Executive Director, International Energy Agency (IEA) Paolo Frankl Head of Renewable Energy Division, IEA In 2013, renewable power capacity expanded at its fastest pace to date. Renewable power generation continued to grow ...
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Abengoa Yield files an F-1 Registration Statement with the SEC
Abengoa Yield (NASDAQ: ABY) has filed an F-1 registration statement with the Securities and Exchange Commission related to the proposed sale by Abengoa of up to 10.6 million shares of Abengoa Yield by means of a secondary public offering. This press release is being made pursuant to and in accordance with Rule 135 under the Securities Act of 1933 and does not constitute an offer to sell or the ...
By Abengoa
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Mainstream’s pan-African JV Lekela Power signs MoU for US$350m wind power station in Egypt
Lekela Power, a $1.9bn pan-African renewable power generation company has signed a Memorandum of Understanding with the Egyptian Electricity Transmission Company for a 250 MW wind power station in Egypt’s Gulf of Suez area. Lekela Power is owned 60% by Actis, a leading emerging markets investor and 40% Mainstream Renewable Power, a global wind and solar company. This latest power station is ...
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IRENA Report: Renewable Power Remains Cost-Competitive amid Fossil Fuel Crisis
Costs for renewables continued to fall in 2021 as supply chain challenges and rising commodity prices have yet to show their full impact on project costs. The cost of electricity from onshore wind fell by 15%, offshore wind by 13% and solar PV by 13% compared to 2020. Renewable Power Generation Costs in 2021, published in July by the International Renewable Energy Agency (IRENA), shows that ...
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Cost of Renewable Power Generation Increasing Competitive, Market Research Perspectives and Recommended Conferences
Renewable power generation is one the most crucial ways of achieving the goal of sustainable development for all countries. Significant capacity additions are being witnessed annually. In 2012, 772.3 Gigawatts (GW) of renewable capacity was installed in 2011 across the world. Of this capacity, wind and solar PV (Photovoltaic) are the major renewable sources of energy and account for 49.3% of ...
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Renewables Competitiveness Accelerates, Despite Cost Inflation
The fossil fuel price crisis has accelerated the competitiveness of renewable power. Around 86 per cent (187 gigawatts) of all the newly commissioned renewable capacity in 2022 had lower costs than fossil fuel-fired electricity. Renewable Power Generation Costs in 2022, published by the International Renewable Energy Agency (IRENA) this week (Aug 29) shows that the renewable power added in 2022 ...
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Bombora Wave Power and Mitsui O.S.K. Lines, Ltd. strengthen their collaboration through a £3.54m investment
Bombora Wave Power (Bombora), the award-winning ocean energy company, is pleased to announce it has received an investment of £3.54m from Mitsui O.S.K. Lines, Ltd (MOL) to further commercialise its mWaveTM energy generation technology. The investment by MOL, one of the world’s largest shipping companies, follows 18 months of close collaboration between the parties and is ...
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EPA solicits applications for RE-powering America’s land / agency encouraging reuse of potentially contaminated areas for renewable energy purposes
The U.S. Environmental Protection Agency (EPA) is soliciting applications from states, tribes, regional governments, and communities that are interested in the development of renewable energy on current and formerly contaminated properties. The opportunity is offered through EPA’s RE-Powering America’s Land initiative, which takes a multi-pronged approach to site cleanup and ...
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Abengoa Yield announces closing of $255 million senior notes due 2019
Abengoa Yield (“Abengoa Yield”, NASDAQ: ABY), the sustainable total return company that owns a diversified portfolio of contracted assets in the energy and environment sectors, announced that it closed today, as planned, the previously announced offering of $255 million in aggregate principal amount of senior notes due November 15, 2019 (the “Notes”), guaranteed by certain ...
By Abengoa
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Abengoa Yield to release Full-Year 2014 financial results on February 25, 2015
Abengoa Yield (NASDAQ: ABY), the sustainable total return company that owns a diversified portfolio of contracted assets in the energy and environment sectors, announced today that it will release its Full-Year financial results for 2014 before the opening of the United States market on Wednesday February 25th, 2015. The information will be published on Abengoa Yield’s website ...
By Abengoa
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Abengoa Yield announces third quarter 2014 earnings conference call
Abengoa Yield (NASDAQ: ABY), the sustainable total return company that owns a diversified portfolio of contracted assets in the energy and environment sectors, announced today that it will release its financial results for the third quarter of 2014, including updated guidance, before the opening of the United States market on Friday November 14th, 2014. The information will be published on ...
By Abengoa
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The end of regulated electricity prices?
The end of regulated power prices - a major obstacle to a liberalised power market - could be in sight after EU energy ministers meet tomorrow. Ministers are expected to call on governments to consider phasing out price regulation, which would be a step towards power generating technologies competing equally on the market, bringing prices down for consumers. "Ending regulated power prices is ...
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Abengoa Yield closes a four year credit facility of $125 million and completes the acquisition of two assets within the first asset acquisition agreement with Abengoa
Abengoa Yield (NASDAQ: ABY), the sustainable total return company that owns a diversified portfolio of contracted assets in the energy and environment sectors, announced today that it has closed the bank credit facility announced in its third quarter earnings conference call. The credit facility consists of a four year bullet facility in the amount of $125 million and was signed with a syndicate ...
By Abengoa
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