By Gavin Hudson •
February 23, 2009
Russian Prime Minister Vladimir Putin has approved a government order to increase renewable energy in Russia from less than 1% to 4.5% of the nation’s total energy by 2020.
The Kremlin’s order to ramp up renewable energy has set targets of 2.5% by 2015 and 4.5% by 2020. That translates into 45.2 billion kiloWatt hours of renewable energy production by 2020, based on the country’s current electricity production.
To reach these goals, the government will fund small hydro, tidal, geothermal, wind, solar and biomass energy facilities. Wind energy, for instance, is slated to expand from 12 MW (2005) to some 7000 MW by 2020.
Developing Russia’s economically recoverable renewable energy could cut some 990 million tons of CO2 emissions a year, according to the Organization for Economic Cooperation and Development (OECD). (PDF) To put that number in perspective, it would be the equivalent of preventing two-thirds of the CO2 emissions of the United States from entering the atmosphere. This estimate, as well as Russia’s renewable energy statistics, doesn’t take into account large hydroelectric projects, which already account for 21% of Russia’s total energy.
By Matthew Phelan •
February 20, 2009
According to a new study conducted by the Lawrence Berkeley National Laboratory, The average installed costs for photovoltaic cells (in real 2007 dollars) went down from $10.50-per-watt in 1998, to $7.60-per-watt in 2007.
What’s most amazing about this report is that it appears to validate a whole slew of state and local solar initiatives. The researchers found that—despite the many, many reported advances to solar cell efficiency—most of the savings during this nine year period came from reductions to installation and external hardware costs.
By Matthew Phelan •
February 20, 2009
Sun Well Solar—a subsidiary of the notoriously poor CD and DVD manufacturer, CMC Magnetics—has announced today that it is one month ahead of schedule in the ramp-up of its new photovoltaic production line.
Moving vehicles will generate electricity for street lights and road signs in a London trial.
“Green” speed bumps that will generate electricity as cars drive over them are to be introduced on Britain’s roads. The hi-tech “sleeping policemen” will power street lights, traffic lights and road signs in a pilot scheme in London that could be rolled out nationwide.
Speed bumps have long been the bane of motorists’ lives, but these will capture the kinetic energy of vehicles.
Europe installs 20 wind turbines a day and 10 EU states reach wind power capacity of more than 1GW.
More wind power was installed in the EU than any other electricity-generating technology in 2008, according to data released yesterday.
The European Wind Energy Association (EWEA) produced figures showing wind power provided 43% of new capacity – or almost two gigawatts (GW) – compared with 35% for gas, 13% for oil, 4% for coal and 2% for hydro power.
The EWEA’s claim that wind power is the fastest growing technology in Europe for the first time came as it emerged that the US overtook Germany last year – before Barack Obama entered the White House with his “green” agenda - to become the world’s number one wind power installer. with his “green” agenda - to become the world’s number one wind power installer.
By Jennifer Kho •
January 28, 2009
MMA Renewable Ventures closed nearly $200 million in its third fund, the solar financer and developer said Tuesday.
The company, which finances and develops solar installations, raised the money last year and already spent the cash to create 20.6 megawatts of new solar-power projects throughout the United States. Those projects included a 2-megawatt system at the Denver International Airport, as well as installations for Macy’s Inc., Gap Inc., Florida Power & Light Co. and Lowe’s.
Off-shore wind power could generate enough electricity to supply every home in the UK by the end of the next decade, the government announced.
One of 30 wind turbines in the Kentish Flats wind farm, which produces up to 90 MW of renewable energy for the UK.
Another 5,000-7,000 wind turbines could generate enough electricity by next decade, concludes a British government energy department study.
The Department for Energy and Climate Change study concluded that another 5,000-7,000 wind turbines could be built off the coast by 2020, generating 25 GW of energy, equivalent to 25 large coal-fired power stations. The new capacity would be on top of 8GW already being built or in planning, making a total of 33GW.
The results of the year-long research into the geology, birds and marine life goes even further than the Carbon Trust, a company set up by government to help businesses reduce carbon emissions, which last year said the UK could build a total 29GW of off-shore wind.
However, the announcement was clouded by claims from the energy company E.ON that the economics of what is the UK’s biggest current off-shore wind project, the London Array off the coast of Kent and Essex, were “on a knife edge”.
