On the 23rd of May the Scottish government has given the go ahead to Edinburgh-based company Aquamarine Power to set up power generation plant in the form of “Wave Parks” which will generate electricity harnessing the inexhaustible tidal energy off the cost of the Western Isles.
If one thinks that renewable energy is the future, then s/he can be surprised with a new decision made by BP Plc. Surprising or not, BP Plc has informed that it wants to get rid of its US wind arm. The sale of the US wind farm assets will close a chapter in the BP’s history of involvement in renewable energy which is also named the fuel of the future. The company intends to fully focus on its oil and gas projects as they are most profitable.
The Obama administration wants the U.S. offshore wind industry to flourish. As it reposes hope in renewable sources of energy, it decided to award $28 million in grants to seven projects. Those projects are aimed at developing different kinds of power-generation technologies.
On the 28th of November, the Green Investment Bank (GIB) is due to be officially opened by the Business Secretary Vince Cable. The Green Investment Bank, which will be entirely dedicated to green projects, is funded with £3 billion of UK government’s money. The official launch of the new bank is to take place in Edinburgh. The Business Secretary Vince Cable is expected to announce two green projects which will be supported by the first green bank in the world.
The wind power sector is growing rapidly in many mid-western states. Clean Line Energy has taken advantage of this quickly expanding energy sector. The Kansas Corporation Commission has unanimously approved the renewable energy-focused transmission company, Clean Line Energy’s proposal to conduct business as a public utility. This has marked Clean Line’s step forward in the Grain Belt Express.
Having fast become recognized for the green consultancy they provide in conjunction with sustainable product development, SMIT has come out with a new solar energy system called Solar Ivy; leaf-like photovoltaic panels which use both the sun and the wind to generate electricity. Inspired by the ivy often seen on traditional mansions, Solar Ivy, developed [...]
A $140million wind energy project, set up by Boston-based First Wind, promises to generate 2 to 5% of the annual electricity consumed on Oahu, powering around 7,700 homes. Hawaii’s first commercial wind energy project, First Wind’s wind farm in Kahuku is a big step towards realizing the future of wind energy for this American state. [...]
Fuelling growth: Australia’s energy options Origin is the largest owner and developer of gas-fired power generation in Australia. Origin also produces renewable energy from wind farms. The total operating generation capacity of Origin’s power stations is currently 2,250 MW and this will be increased to 2,800 MW by the upcoming completion of the Mort Lake [...]