After a sharp falloff in 2010, investments in the UK’s clean energy sector rebounded in 2011 to $9.4 billion – a 35 percent increase and the seventh highest among G-20 nations, according to new research by The Pew Charitable Trusts. The growth was driven in part by a 10-fold increase in solar energy investments, which … Read more
SSE, through its wholly owned SSE Ventures business, has sold a portfolio of cleantech investments to Scottish Equity Partners’ new Environmental Energies Fund. As part of the deal, SSE Ventures has become a major partner in the new fund. The new Environmental Energies Fund (EEF) has acquired nine investments from the SSE Ventures portfolio, all … Read more
Multinational utility companies are seeking to invest over Eur2 billion to harness the energy of County Clare’s wind, wave, tidal and biomass resources. This is according to the Clare County Development Board (CDB), which has launched its Integrated Strategy on Energy & Climate Change. The plan sets the path for Clare to become a low … Read more
Work has started on one of the UK’s first large scale advanced gasification plants. Based in Dagenham, the £80 million plant will transform household rubbish into clean energy to power up to 15,000 local homes. The project is expected to create 25 permanent skilled jobs as well as up to 100 construction jobs during the … Read more
GE Energy, world’s leading suppliers of power generation and energy delivery technologies, has welcomed the UK Government’s publication of the Electricity Market Reform (EMR) proposals, which focus on modernising the UK’s energy system and driving low carbon technology investments. The proposal will help cut the UK greenhouse gas emissions by 80% by 2050. According to … Read more
The European Photovoltaic Industry Association (EPIA) presented concrete evidence at COP16 in support of an accelerated deployment of photovoltaic (PV) solar electricity across the globe to bring clean energy to both the developed and developing world. According to EPIA’s paradigm shift scenario, by 2020, photovoltaic (PV) energy could contribute as much as 12% of the … Read more
ESB International (ESBI) has been selected as part of a consortium to support the establishment of a Clean Energy Network between the European Union and the Gulf Co-operation Council countries. The Network aims to promote greater technological and policy cooperation between the EU and the Gulf countries in the area of clean energy. Under the … Read more
BrightSource Energy, the US-based developer of utility scale solar power plants, has started construction on its Ivanpah Solar Electric Generating System on a 3,500 acre site in California. When constructed, Ivanpah will be the world’s largest solar power plant. Once completed the 392 megawatt gross (370 megawatts nominal) Ivanpah project will nearly double the amount … Read more
Ireland has more than three times its total energy requirements available from readily accessible renewable energy sources on its own doorstep. Yet despite access to such vast and plentiful clean energy resources, Ireland is still heavily dependent on volatile foreign fossil fuel, importing almost 90% of its energy needs. As conventional energy sources run out … Read more