Posts Tagged ‘sector’

US Firm to Invest $2 Billion in India’s Renewable Energy Industry

Major US renewables company Astonfield is set to invest a massive $2 billion in India over the next five years, the largest single cash-injection in renewable energy ever seen in the sub-continent.

The deal will generate about 1,000 MW of power, most of it from solar sources.

Much of the proposed $2 billion investment will go towards building solar-photovoltaic powered projects with a capacity of 500 MW.

Study: Airlines Should Aim to Use 80% Biofuels by 2050

A far reaching report has called on the aviation industry to drastically increase the use of biofuels, to make a 60% reduction in its greenhouse gas emissions by 2050.

The study, called ‘Green Skies Thinking‘, was published today by right wing think-tank Policy Exchange, and advocates the phase-in of an EU Sustainable Bio-Jet Fuel Blending Mandate by 2020, which would force aviation companies to commit to a rising proportion of jet fuel from sustainable bio-jet fuels.

Crucially, the report also reckons that growing the feedstock needed for advanced biofuels would require significantly less land and be more sustainable than first generation biofuels such as bioethanol and biodiesel, generally used by road transport.

UK Becomes World’s Biggest Producer of Offshore Wind Power

The UK government announced today that Britain has overtaken Denmark to become the world’s biggest producer of offshore wind power.

The rise to the top of the global league table follows the construction of a new wind farm off the coast of Skegness, Lincolnshire, which increases the UK’s total electricity generation from offshore wind sources to 590 megawatts (MW), enough to power 300,000 homes.

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