CHINA'S NEW 5-YR PLAN TO TARGET 90 GW WIND CAPACITY -REPORT
BEIJING, Nov 10 (Reuters) - China's new five-year plan for renewable energy will include pledges to boost wind power capacity to 90 gigawatts and also dam the UNESCO-protected Nu River in the southwestern province of Yunnan, according to the China Securities Journal.
Citing information obtained from China's National Energy Administration, the paper said a draft of the plan, which covers the 2011-2016 period, had already been submitted to other government departments for consultation.
TERNIENERGIA TO ADD 25 MW SOLAR CAPACITY BY YEAR-END
MILAN, Nov 9 (Reuters) - Italy's rapidly growing renewable energy company TerniEnergia said it would build 25 megawatts of solar power plants in the fourth quarter, raising its total solar capacity to about 110 MW by the end of 2010.
TerniEnergia has started building industrial-size photovoltaic installations, which turn sunlight into power, with a total capacity of 32 MW in the last quarter and 25 MW would be completed by the end of 2010, it said in a statement on Tuesday.
SCOTLAND APPROVES 144 MW FALLAGO RIG WIND FARM
LONDON, Nov 9 (Reuters) - The Scottish Government has approved the 144 megawatt (MW) Fallago Rig onshore wind farm, southeast of Edinburgh, it said on Tuesday.
The 48 turbine wind farm, capable of providing 66,000 homes with power, is being developed by North British Wind Power, the government added.
CZECH REPUBLIC CAPS SOLAR-BASED POWER PRICE HIKES
PRAGUE, Nov 9 (Reuters) - The Czech Republic on Tuesday halved feed-in tariffs for solar plants opening from 2011 and approved new solar and carbon taxes to deal with a solar boom that threatens to send home and business power prices soaring.
The Czech Energy Regulatory Office set a new tariff of 5,500 Czech crowns ($311.3) per megawatt hour for plants connected to the grid in 2011 with more than 100 kilowatt capacity, down from 12,150 crowns for those connecting in 2010. Plants with a capacity of 30-100 kW will now receive 5,900 crowns.
MOROCCO DELAYS SOLAR UNIT TENDER TO DEC -MINISTERRABAT, Nov 9 (Reuters) - Morocco said on Tuesday it would take bids for the first unit in a national $9 billion solar power programme in December instead of November but added that it would not delay the construction of the unit.
"The outcome of the pre-qualification stage of the tender will be known in mid-November. Those who will be selected in mid-November will be invited to participate in the bids at the end of December," Energy and Mining Minister Amina Benkhadra told Reuters on the sidelines of an energy conference.
IEA SEES GAS GLUT LASTING UNTIL 2020
LONDON, Nov 9 (Reuters) - Global oversupply of gas is set to rise above 200 billion cubic metres (bcm) next year and capacity is likely to exceed demand for another 10 years, despite rising gas use, the International Energy Agency said on Tuesday.
"The gas glut will be with us 10 more years," IEA chief economist Fatih Birol told Reuters in an interview.
EU LAUNCHES RACE FOR GREEN TECHNOLOGY BILLIONS
BRUSSELS, Nov 9 (Reuters) - The European Union launched a competition on Tuesday for about 4 billion euros ($5.6 billion) of funding to help companies compete in the green technology race against China, Japan and the United States.
All eligible projects should be up and running by 2015. Big winners are likely to include power generators such as Germany's E.ON and engineers like Alstom of France .
FRANCE TO LAUNCH OFFSHORE WIND FARM TENDER-MINISTER
PARIS, Nov 8 (Reuters) - France is set to ask for proposals to develop offshore wind farms, boosting the country's renewable energy output, a government official told Reuters on Monday.
Junior ecology minister Chantal Jouanno said the first series of requests would be for proposals to provide 3 gigawatts (GW) of capacity as France seeks to develop and gain experience in offshore wind technology.
SIEMENS EYES BOLT-ON TAKEOVERS IN GREEN PRODUCTS
FRANKFURT, Nov 8 (Reuters) - Germany's Siemens will make bolt-on acquisitions to expand its green products and technologies, Europe's biggest conglomerate said on Monday.
The bellwether of euro zone's largest economy said it was aiming to generate revenue of more than 40 billion euros ($56 billion) from its environment portfolio by 2014.
KENYA INVITES INVESTORS FOR GEOTHERMAL POWER PLANTS
NAIROBI, Nov 5 (Reuters) - Kenya's Geothermal Development Company (GDC) has invited prequalification bids from investors for the development of 400 megawatts (MW) of power from underground steam.
The state-owned company expects to drill 120 wells in the first phase of the project that will contribute about a quarter of the country's current installed power capacity, as east Africa's biggest economy shifts production to green sources.
NEXTERA SOLAR PLANT GETS FEDERAL APPROVAL
LOS ANGELES, Nov 4 (Reuters) - NextEra Energy Inc won federal approval on Thursday for a $1 billion-plus, 250-megawatt solar plant in California, the latest in a string of solar-power plants to get the greenlight in the nation's most populous state.
When completed, the plant will be big enough to power at least 75,000 homes, the U.S. Department of the Interior said.
ALSTOM AIMS TO STAY DOMINANT IN CHINA HYDRO SECTOR
TIANJIN, China, Nov 4 (Reuters) - French engineering group Alstom said it will boost its presence in the Chinese power sector further after unveiling a new hydropower turbine unit in the northern Chinese city of Tianjin on Thursday.
The president of Alstom's power unit, Philippe Joubert, told Reuters the company is confident of remaining competitive in China's electricity sector despite strong competition from domestic turbine manufacturers.
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