UK SOLAR INCENTIVE CAP TO HARM GROWTH-SHARP
LONDON, March 1 (Reuters) - A UK government review of incentives for installations generating over 50 kilowatts of renewable energy could harm the economy and stunt a fledgling market, Sharp Corp's UK solar divison told Reuters.
The government announced a review last month of the so-called Feed in Tariff (FIT) scheme, which pays per unit of electricity produced from small-scale, low-carbon energy.
ITALY ENVIRONMENT MINISTER SAYS RENEWABLE ENERGY INCENTIVES WILL BE RENEWED BY GOVT
ROME, March 1 (Reuters) - Italian government incentives for renewable energy production are set to be renewed by the government at a meeting on Thursday, Italy's environment minister Stefania Prestigiacomo said on Tuesday.
"The incentives can only be confirmed," environment minister Stefania Prestigiacomo said at a news conference.
JA SOLAR TO SUPPLY PRODUCT TO GERMANY'S SOLAR FABRIK
March 1 (Reuters) - Chinese solar cells and power products maker JA Solar Holdings Co Ltd said it will supply Germany-based Solar-Fabrik AG with more than 110 megawatts (MW) of photovoltaic products this year.
JA Solar supplied over 70 MW of products to Solar-Fabrik in 2010, it said in a statement.
S.AFRICA TO PASS NEW ENERGY PLAN INTO LAW BY APRIL
JOHANNESBURG, March 1 (Reuters) - South Africa's new energy resource plan, which will determine the country's electricity mix over the next 20 years, will be passed into law by the start of April, a government official said on Tuesday.
The draft Integrated Resource Plan (IRP 2) has called for nuclear and renewable energy to play a bigger role in plugging South Africa's power deficit as it seeks to halve its reliance on coal, which supplies some 95 percent of the country's power.
TRADING EMISSIONS UNIT TO BUY TWO SOLAR PLANTS FROM BP SOLAR
LONDON, Feb 28 (Reuters) - TEP Solar, a unit of British clean-energy projects developer Trading Emissions Plc , said it would buy two solar photovoltaic plants developed by BP Solar in Italy.
The deal comes after Trading Emissions, which is trying to sell itself, said earlier on Monday it had received an "encouraging" level of interest from buyers. [
RENEWABLES STILL SUFFER FROM ECONOMIC CRISIS-REPORT
LONDON, Feb 28 (Reuters) - The global renewable energy market is still suffering from the effects of the financial crisis which started in 2008, according to a report published by Ernst & Young on Monday.
"The toxic legacy of the global financial crisis continues to cast a shadow over the global renewable energy market," the report, which ranks 30 countries according to their attractiveness for renewables investment, says.
GERMAN POWER CAPACITY TO RISE 2.2 PCT IN WEEK
FRANKFURT, Feb 25 (Reuters) - German power plant availability reported by producers and transmission firms to energy exchange EEX is set to rise 2.2 percent to 64,346 megawatts (MW) in the seven days to March 4, data from the bourse showed on Friday.
The EEX on its website issues transparency data from German generators, grid operators and small plants below 100 MW, as well as live production forecasts on an aggregated basis.
MITSUBISHI CORP TO INVEST IN ACCIONA THERMAL UNIT
TOKYO, Feb 25 (Reuters) - Mitsubishi Corp , Japan's largest trading company, said on Friday it would spend 45.8 million euros ($62.8 million) on a 15 percent stake in a solar thermal energy plant owned by Spain's Acciona SA .
Acciona, a leading global renewable energy firm, has begun commercial operations at three concentrated solar power (CSP) generation plants, with the fourth due to start operating later this year.
MAJOR SUNPOWER PLANT GETS LOCAL APPROVAL
LOS ANGELES, Feb 24 (Reuters) - A SunPower Corp project slated for Central California received county-level approval on Tuesday, overcoming a key hurdle on the road to building what could one day be one of the world's largest power plants that create energy from the sun's light.
The Planning Commission of San Luis Obispo county approved the project after a string of hearings during which the five-member commission weighed the project's economic and environmental benefits against its impact on native species, local residents and the region's rural landscape.
ONTARIO APPROVES 40 NEW CLEAN POWER PROJECTS
OTTAWA, Feb 24 (Reuters) - The Canadian province of Ontario, fast becoming a clean energy powerhouse, said on Thursday it has approved 40 new large-scale renewable power projects that will create 7,000 jobs and attract C$3 billion ($3.06 billion) in private sector investment.
This second round of projects will generate 872 megawatts of electricity from the sun, wind and water, enough power for more than 200,000 homes. It follows the April announcement of 180 projects that will generate 2,400 MW of clean energy.
ITALY TO INSTALL 5,000 MW SOLAR CAPACITY IN 2011-GIFI
MILAN, Feb 24 (Reuters) - Italy, one of the most rapidly growing solar markets in the world, is expected to install 5,000 megawatts of photovoltaic capacity in 2011, industry body GIFI said on Thursday.
Italy's total installed photovoltaic capacity, which turns sunlight into power, is seen rising to 15,000 MW by 2015 from about 3,000 MW at the end of 2010, GIFI said in a statement.
CHUBU ELECTRIC: TO LAUNCH NEW NUCLEAR PLANT BY 2030
TOKYO, Feb 24 (Reuters) - Chubu Electric Power Co plans to build and run a nuclear power plant with a 3,000 to 4,000 megawatt total capacity by 2030, as it looks comply with government guidelines.
Japan, the world's fifth-biggest greenhouse gas emitter, has drawn a roadmap for a low-carbon economy, including a goal to boost the ratio of zero-emissions power from nuclear and renewable sources to 70 percent of output by 2030 from 34 percent now.
DENMARK'S DONG SAYS TO BUILD 320 MW GERMAN WIND FARM
COPENHAGEN, Feb 24 (Reuters) - Denmark's DONG Energy will build a 320-megawatt offshore wind farm in the German part of the North Sea at a cost of about 1.25 billion euros ($1.72 billion), the company said on Thursday.
The Borkum Riffgrund 1 wind development will consist of up to 89 turbines with capacity of 3.6 MW from Siemens , state-owned DONG Energy said in a statement.
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