Recent Other

Government earmarks East Coast Areas for Tidal Stream Energy

Priority for tidal energy development off Suffolk, Norfolk and East Yorkshire coastlines The REA welcomes the Government’s East Marine Plans, approved by Environment Secretary Owen Paterson and published yesterday by the Marine Management Organisation (MMO) [1]. The Inshore and Offshore East Marine Plans are the first two of 11 Marine Plans the Government intends to […]

Success for Cornish Wave Hub Marine Energy Park as Final Berth is Filled

RenewableUK commented on the news that Carnegie Wave Energy are bringing their CETO 6 device to the South West Marine Energy Park’s Wave Hub site. The site is an electrical hub 16km off the coast of Cornwall, and this development means all three berths for wave devices are now reserved by wave companies looking to […]

Ram Power announces 2013 Year End Results

Ram Power, Corp. (TSX: RPG) (“Ram Power” or the “Company”), a renewable energy company focused on the development, production and sale of electricity from geothermal energy, is pleased to announce its operating results for the fiscal year ended December 31, 2013. This earnings release should be read in conjunction with Ram Power’s financial statements, and […]

RenewableUK comments on shift for Green Investment Bank funding

Maf Smith, Deputy Chief Executive of RenewableUK backed the investment announcements made today by the Green Investment Bank into offshore wind. The announcements today stated the Green Investment Bank was investing jointly with the Marubeni Corporation to purchase a 50% share in Dong Energy’s Westermost Rough wind farm, which is being built off the coast […]

Brookfield Renewable Completes U.S. Hydro Acquisition

Acquires 33% interest in 417 MW Safe Harbor facility in PJM Brookfield Renewable Energy Partners L.P. (TSX: BEP.UN; NYSE: BEP) (“Brookfield Renewable”) and its institutional partners have completed the previously announced acquisition of a 33% economic interest in the 417 MW Safe Harbor hydroelectric facility from a private seller. Brookfield Renewable will assume approximately 40% […]

Sarulla Consortium Signs $1.17 Billion Financing Agreements for 330 MW Sarulla Geothermal Project in Indonesia

Ormat is the supplier of $254 million equipment under the supply contract and holds an equity stake of 12.75% Ormat Technologies, Inc. (NYSE: ORA) announced today that members of the Sarulla Consortium comprising of Medco, Itochu, Kyushu and Ormat signed $1.17 billion project financing agreements to finance the development and construction of the 330-megawatt (MW) […]

Government-dependent Southeast Asian Renewable Energy Market Looks to Lower Reliance on Subsidies

RE is ideal to address the high demand for energy security The renewable energy (RE) market in all countries in Southeast Asia is riding high on government support in the form of concrete policies regarding targets and incentives for most RE technologies. The clear policy framework is encouraging RE adoption at the grass-root level. This […]

Renewable Energy: Keeping the Lights on Without breaking the Bank

Renewable energy now powers one in eight homes New Government figures published today [1] reveal that 13.8% of UK electricity was generated from renewable sources in 2013, up 3 percentage points from 2012. According to the latest Ofgem energy bill breakdown, published last week [2], renewable electricity levies account for £50, or 3.7%, of the […]

Upcoming Funding Opportunity for Competitive Marine and Hydrokinetic (MHK) Demonstrations at the Navy’s Wave Energy Test Site (WETS)

On March 24, 2014, the U.S. Department of Energy (DOE) announced a Notice of Intent to issue a funding opportunity titled “Competitive Marine and Hydrokinetic (MHK) Demonstrations at the Navy’s Wave Energy Test Site (WETS).” The goal of this funding opportunity is to collect important performance and cost data, while supporting the Department of Defense’s […]

Meridian withdraws from Amuri Hydro Proposal

Meridian Energy today confirmed it will be withdrawing its applications for the proposed Amuri hydro project on the Amuri Plains reach of the Waiau River. Ngāi Tahu Property and Meridian applied for resource consents to take, store, use and discharge water for a proposed hydro power scheme on the Amuri Plains in October 2011. When […]