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IEI Findings Show that Reducing Energy Waste Could Help Michigan Comply with Federal Clean Power Plan

Reducing energy waste, using more renewable energy sources like solar and wind, cogeneration fueled by natural gas and, depending on long-term price projections, an appropriate amount of natural gas-fired combined cycle generation can help Michigan comply with the federal Clean Power Plan at lowest cost.

28 Jul 2015

SPI China to Sell Gelliwern Farm Solar Project to BlackRock Managed Fund

Solar Power, Inc. ("SPI"), a vertically-integrated photovoltaic ("PV") developer, today announced that its wholly-owned subsidiary, SPI China (HK) Limited, has closed a transaction to sell the entire issued share capital of Solar Park Developments 4 Ltd ("Gelliwern Farm"), which holds a solar project in the United Kingdom with a rated capacity of approximately 6.24 megawatts ("MW"), to a fund managed by BlackRock, Inc. ("BlackRock"), a global leader in investment management, risk management and advisory services.

27 Jul 2015

U.S. Geothermal Industry Praises Senate Energy Bill that Addresses Barriers to Geothermal Development

Representatives of the U.S. geothermal industry applauded U.S. Sens. Lisa Murkowski, R-Alas., and Maria Cantwell, D-Wash., for legislation introduced yesterday. Their broad, bipartisan energy bill, The Energy Policy Modernization Act of 2015, “would help America achieve its geothermal potential,” commented Karl Gawell, Executive Director of the Geothermal Energy Association, “by addressing some of the most important barriers to geothermal development in the U.S.”

27 Jul 2015

SkyPower Inks Landmark Agreement to Build Solar Projects in Kenya

SkyPower, the world's largest developer and owner of utility-scale solar photovoltaic (PV) energy projects, today signed a landmark agreement with the Kenyan Ministry of Energy and Petroleum for the development of 1 GW of world-class solar projects to be built in four phases in Kenya over the next five years.

27 Jul 2015

2014 JRC Wind Status Report Shows Wind Power Meets 8% of European Electricity Demand

EU's grid connected cumulative capacity in 2014 reached 129 GW, meeting 8% of European electricity demand, equivalent to the combined annual consumption of Belgium, the Netherlands, Greece and Ireland. According to a JRC report, the impressive growth of the industry will allow at least 12% electricity share by 2020, a significant contribution to the goal of the European energy and climate package of 20% share of energy from renewable sources.

27 Jul 2015