WADE News Service
A Global Roundup of Decentralized Energy and Distributed Generation News
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Displaying 1 through 10 of 789 total results.
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March 01, 2010
Pune-based energy and environment solutions’ provider Thermax is gearing up to tap incentives offered in the Union Budget for renewable energy, water and wastewater treatment. The Union finance minister, in his Budget speech on Friday, had announced an increase in the plan outlay for the Ministry of New and Renewable Energy by 61 per cent, from Rs 620 crore in 2009-10 to Rs 1,000 crore in 2010-11. He also provided a concessional Customs duty of 5 per cent to machinery, instruments, equipment and appliances required for the initial setting up of photo-voltaic and solar thermal power generating units, and exempted all those items from central excise duty.
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March 01, 2010
The Energy and Climate Change Committee of the House of Commons this week recommended that the UK Government commissions an independent review of transmission charging methodology.
Mr Mather, who is already leading work to prepare options for change to the current system, has welcomed The future of Britain's electricity networks report and has now written to Secretary of State Ed Miliband to demand that action is taken.
Mr Mather said: "Scotland is united against the transmission charging regime which works against the development of clean, renewable energy in Scotland by forcing generators to pay millions of pounds more to use the grid. That has to end. "I welcome the Committee's report as an important and comprehensive contribution to the debate on how to deliver the necessary transition to a low carbon and sustainable energy future.
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March 01, 2010
Siemens Energy is a pioneer in the design and development of tidal current energy turbines and the purchase was of just below 10 percent in the Bristol-based company.
Rene Umlauft, CEO of the Renewable Energy Division of Siemens Energy stated: “With this investment in an early stage company we're securing access to an innovative technology in the field of renewables. As one of the technology leaders in ocean power, Marine Current Turbines is a suitable partner for us to enter the promising ocean power market."
According to a recent report by Pike Research the ocean energy industry could represent a large source of renewable electricity, reaching up to 200 GW of installed generation capacity by 2025.
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February 26, 2010
India's renewable energy sector budget has been increased by 61 per cent to Rs 1,000 crore from Rs 620 crore, signalling the government's commitment to popularising alternate source of energy in the country. "In pursuance of government's resolve to implement the National Solar Mission, I propose to provide a concessional customs duty of five percent to equipment required for the initial setting up of solar thermal power generating units," Finance Minister Pranab Mukherjee said while presenting the 2010-11 budget in the Lok Sabha Friday.
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February 26, 2010
Australia has a set a target of 20 percent renewable energy generation by 2020 to help curb the growth in planet-warming carbon dioxide emissions and trim the nation's reliance on coal and gas for power generation.
The renewable energy target (RET) scheme rewards investors with renewable energy certificates, or RECs, that can be sold to a ready market of buyers to offset the cost of the investment.
Each certificate represents one megawatt-hour of electricity generated from renewable energy.
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February 25, 2010
Home owners and businesses in California might soon be able to tap a statewide borrowing program to pay for renewable energy projects. The state Senate on Thursday approved a bill to create the state Property Assessed Clean Energy fund.
Under the program, local governments could loan money to be used for solar panels and other renewable energy projects or equipment. They would be repaid over 20 years, with interest, through an additional property tax assessment.
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February 25, 2010
A $40-million investment by the Government of Canada will enable one of Canada's largest and most modern kraft pulp mills to generate clean, green energy from forest biomass. Colin Mayes, Member of Parliament for Okanagan-Shuswap, today announced that the Zellstoff Celgar Pulp Mill in Castlegar, B.C., is the first mill to receive funding under the Pulp and Paper Green Transformation Program (PPGTP) for its Green Energy Project.
"This project shows that smart investments enable pulp mills to increase their capacity to produce renewable energy from forest biomass while providing important forest products for consumers," said Mr. Mayes.
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February 25, 2010
Wal-Mart Stores Inc plans to massively cut greenhouse gas emissions from its global supply chain within five years -- an effort the retailer said is equivalent to taking more than 3.8 million cars off the road for a year.
Wal-Mart will reach that goal by having its suppliers reduce emissions involved in the sourcing, manufacturing, transportation, and disposal of the thousands of products it sells in its stores.
The plan to eliminate 20 million metric tons of greenhouse gas from its supply chain by the end of 2015 was announced in a Webcast on Thursday.
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February 24, 2010
South African labour federation COSATU threatened on Wednesday to call a national strike to oppose tariff increases granted to state utility Eskom by the country's power regulator. COSATU, which has nearly 2 million paid-up members, said in a statement it would explore all avenues to ensure electricity prices are not increased, and would resort to a strike if all else fails. South Africa's power regulator on Wednesday granted state-owned utility Eskom a 24.8 percent tariff increase for the 2010-11 financial year, falling short of the power firm's request of a 35 percent hike.
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February 23, 2010
U.S. Geothermal Inc., a renewable energy company focused on the production and sale of electricity from geothermal energy, announced today that work has begun at its Raft River Project in Idaho on a $10 million Enhanced Geothermal System grant program funded by the U.S. Department of Energy. The program team is comprised of the Energy & Geoscience Institute from The University of Utah ("EGI") as the program lead, U.S. Geothermal, APEX Petroleum Engineering Services ("APEX") and HiPoint Reservoir Imaging ("HiPoint").
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