Wednesday, December 14, 2011

20111214 1650 Renewable Energy Related News.

SIEMENS TO OPEN HULL WIND TURBINE PLANT IN 2014
LONDON, Dec 13 (Reuters) - German engineering company Siemens  submitted a planning application to build a wind turbine factory in Hull, UK, which would create a potential 700 jobs upon its opening in 2014, the company said on Tuesday.
Wind energy in Britain already employs more than 10,000 people full time, and lobby group RenewablesUK expects that to rise to 90,000 over the next 10 years.

SPAIN HYDRO, IRRIGATION RESERVES DECLINE
MADRID, Dec 13 (Reuters) - - Spain has less water than a week ago to generate hydropower and irrigate crops although reservoir levels are comfortably above average, the latest data showed on Tuesday in the major gas- and grain-importing country.
Hydropower reservoirs  held enough water to generate 11,181 gigawatt-hours of electricity, or 145 GWh down on the week, the Ministry for the Environment and Rural Affairs said.

INDIA'S TATA POWER SECURES FUNDS FOR 25 MW SOLAR PROJECT
MUMBAI, Dec 13 (Reuters) - Indian utility Tata Power  said on Tuesday it has secured debt financing for a 25-megawatt solar photovoltaic power project in western India.
Tata Power tied up loans for the 3.65-billion-rupee ($68.5 million) project at Mithapur in Gujarat, through a consortium consisting of State Bank of India and Export Import Bank of India , it said in a statement.

INDIA HAS COMMISSIONED 186 MW SOLAR PROJECTS - OFFICIAL
MUMBAI, Dec 13 (Reuters) - India has so far commissioned solar projects with capacity of about 186 megawatt, of which 40 MW worth of off-grid projects were commissioned in 2011, a senior government official said on Tuesday.
Tarun Kapoor, joint secretary, federal ministry of new and renewable energy, told reporters on the sideliness of Inter Solar conference in Mumbai.

UK'S GREEN BANK TO LEND TO WIND, WASTE ENERGY
LONDON, Dec 12 (Reuters) - Britain's Green Investment Bank (GIB) will start lending money to renewable energy projects from April next year, Business Secretary Vince Cable said on Monday, with offshore wind and waste energy projects a top priority over the first three years.
The UK government has set aside 3 billion pounds to support the bank until 2015, a sum which is expected to attract an extra 15 billion pounds in private investment to Britain's nascent renewable energy industry.

VESTAS SAYS GETS 96 MW TURBINE ORDER IN SWEDEN
COPENHAGEN, Dec 12 (Reuters) - Denmark's Vestas , the world's biggest maker of wind turbines, said on Monday it had won a 96 megawatts turbine order for a project in Sweden.
Vestas Wind Systems A/S said in a statement the order was for 32 units of its V112-3.0 megawatt turbine and delivery and installation would begin in August 2012.

COLUMN-SOLAR PRICE PLUNGE STILL AWAITS BREAKTHROUGH-GERARD WYNN
LONDON, Dec 9 (Reuters) - Solar power prices have plunged to levels that are nearly competitive with conventional grid power, without subsidies, and at a pace that has wrong-footed lagging estimates by consultants.  
Prices of solar equipment are dropping as Chinese manufacturers ramp up capacity at the same time as key markets Italy and Germany pare subsidies. New economic turmoil will curb demand and pressure prices further.

CHINA ENERGINE SAYS IN $134 MILLION WIND POWER JV
HONG KONG, Dec 9 (Reuters) - China Energine International (Holdings) Ltd , a maker of wind power equipment, said on Friday that it has agreed to take 40 percent in a joint venture that will invest 855 million yuan ($134.39 million) to develop and operate a wind farm in Liaoning province.
The company said in a statement that it would form the joint venture in the city of Gaizhou with wind farm developer Zhongneng Huali Investment and two other companies.

CHINA'S GOLDWIND IN CHILEAN TURBINE SUPPLY DEAL
HONG KONG, Dec 8 (Reuters) - Xinjiang Goldwind Science and Technology  , China's second-largest maker of wind power equipment, said it won a contract to supply 23 wind turbines to a wind farm project in Chile.
The contract represents Goldwind's second supply deal in South America and will have a combined capacity of 34.5 megawatts, the company said in a statement without giving the deal's financial details.

UK WIND COSTS RISE AS TURBINES MOVE INTO DEEP SEA
LONDON, Dec 7 (Reuters) -    UK offshore wind energy development costs are rising as sites move into deeper waters with bigger turbines, those in the industry say.
The average offshore wind farm cost was up from around 1.4 million pounds per megawatt hour (MWh) in 2005 to almost 3 million pounds in 2010, according to data from RenewableUK, a wind energy lobby group.

S.AFRICA SELECTS 28 PROJECTS FOR GREEN POWER DRIVE
DURBAN, Dec 7 (Reuters) - South Africa has chosen 28 renewable energy projects as part of its drive cut its reliance on coal fired plants, and bidders have until June to prove the projects are financially viable, the energy ministry said on Wednesday.
The selected bidders were announced on the sidelines of a global climate summit in Durban where delegates from more than 190 nations are hoping to agree to a new deal to tackle greenhouse gas emissions, blamed by scientists for rising sea levels, intense storms and crop failures.  

GERMAN WIND, SOLAR POWER TO EXPAND-REGULATOR
BONN, Dec 7 (Reuters) - Germany is set to expand its onshore wind power capacity by 1.7 gigawatts (GW) a year up to 2032, its Federal Network Agency said on Wednesday after studying the impact of a planned rapid expansion of green power in Europe's biggest economy.
It would arrive at 47.5 GW in 2022 and 64.5 GW in 2032, compared with 27.1 GW of capacity installed in 2010, the agency's president Matthias Kurth said at a news briefing.

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