Reservoir Capital Corp., is pleased to report continued progress on the construction permitting for its Brodarevo Hydroelectric Projects. The Company has been engaged in recent months in the updating of documentation for the Brodarevo HPP to comply with changes to Serbia's planning and construction laws introduced earlier in the year.
Greenleaf Power, an owner and operator of green energy power plants and a portfolio company of leading energy and resources-focused global private equity firm Denham Capital, announced today that it has finalized the purchase of the Plainfield Renewable Energy Plant located in Plainfield, Conn.
Canadian Solar Inc., one of the world's largest solar power companies, today announced that its wholly owned subsidiary, Canadian Solar Solutions Inc., reached substantial completion on its 100 MW AC (133 MW DC) utility-scale Grand Renewable Solar Project.
ReneSola Ltd, a leading brand and technology provider of energy efficient products, today announced it has agreed to provide Cofely Solar Technics, a major player in energy efficiency, with 30 megawatts of solar modules, which will be used in a ground-mounted, utility-scale project in Nottinghamshire in the UK.
E.ON Solar, a part of E.ON SE, a global leader in energy solutions, today announced the completion of Alamo Solar (Alamo) in San Bernardino County, California. The 20 MW (AC) photovoltaic solar facility, located near the town of Oro Grande, marks E.ON's first solar project executed in the state and is the latest expansion of a growing U.S. footprint.
Due to Vietnam's industrialization and integration, the growth in electricity demand has been increasing at an enormous rate. With a population of over 90 million people and an average annual GDP growth rate of 6.9%, in order to ensure sustainable growth, Vietnam has increased its energy demand by 10% during the past 10 years, and is expecting to continue to do so by another 400% over the next 20 years. Electricity consumption accounts for the majority of the energy demand and is expected to increase at an even faster rate, by 600%, over the next 20 years.
The growing emphasis on renewable and carbon neutral energy generation has pushed tidal energy into the spotlight. Tidal energy being more reliable than wave energy has a few operational plants with substantial capacity across the globe. New, experimental concepts such as dynamic tidal power, which enable production even in low-tide regions, possess the potential to disrupt existing technologies and make tidal power a key energy resource.
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.
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.
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.”
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