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Energy Department to Help Tribes Advance Clean Energy Projects and Increase Resiliency

Energy Department to Help Tribes Advance Clean Energy Projects and Increase Resiliency As part of the Obama Administration’s efforts to help tribal communities nationwide enhance their energy security and build a sustainable energy future, the U.S. Department of Energy today announced the third round of Strategic Technical Assistance Response Team (START) Renewable Energy Project Development […]

Report calls for new approach to funding for UK’s wave & tidal energy sector

RenewableUK is highlighting a new study which calls for a fresh approach by the UK Government and devolved administrations to the way funding is allocated to the wave and tidal energy sector, to ensure the industry realises its enormous potential. The report “Capitalising on Capability” by the Marine Energy Programme Board, which advises the Government […]

Statkraft acquires majority stake in Chilean hydropower company

Statkraft has signed an agreement to buy a majority stake in the listed Chilean hydropower company Empresa Eléctrica Pilmaiquén S.A. («Pilmaiquén»). The agreement initially includes the purchase of 70.47% of the shares and triggers a mandatory offer to all shareholders. Completion of the transaction requires fulfilment of certain conditions, including Statkraft acquiring a minimum of […]

Guidelines Help Manage Risks and Encourage the Development of Marine and Hydrokinetic Technologies

Marine and hydrokinetic (MHK) technologies convert the kinetic energy from ocean waves, tides, currents, and ocean thermal resources into electricity. The development and evolution of these technologies towards commercial and economic operation has proven to be a slow and expensive process. To help reduce the risks of industry failures and advance the development of current […]

EWEA welcomes Energy Union proposal for post-2020 renewables directive

The European Commission’s Energy Union proposal to establish post-2020 legislation for renewables is a clear signal to investors that Europe is open for business on zero-carbon energy, says the chief executive officer of the European Wind Energy Association. The Vice President for Energy Union Maros Sefcovic plans to put forward a Renewable Energy Package as […]

Ormat Technologies Reports 2014 Fourth Quarter and Year End Results With Record Revenues of $559.5 Million and Operating Income of $143.5 Million

Operating income grew 48.0% Year over Year Adjusted EBITDA Grew 13.1% Year over Year Ormat Technologies, Inc. (NYSE: ORA) today announced financial results for the fourth quarter and full year ended December 31, 2014. Financial highlights for the full year: • Total revenues of $559.5 million in 2014, an increase of 4.9% from 2013; • […]

Ormat Technologies Reports 2014 Fourth Quarter and Year End Results With Record Revenues of $559.5 Million and Operating Income of $143.5 Million

Operating income grew 48.0% Year over Year Adjusted EBITDA Grew 13.1% Year over Year Ormat Technologies, Inc. (NYSE: ORA) today announced financial results for the fourth quarter and full year ended December 31, 2014. Financial highlights for the full year: • Total revenues of $559.5 million in 2014, an increase of 4.9% from 2013; • […]

New Request for Information on Strategy to Advance the Marine and Hydrokinetic Energy Industry

The Energy Department’s Water Power Program is seeking feedback from the marine and hydrokinetic (MHK) industry, academia, research laboratories, government agencies, and other stakeholders regarding the Program’s activities and priorities in MHK. Feedback will inform the Program’s future strategies and priorities for advancing MHK technologies and accelerating MHK market development. To advance the development and […]

Accionia welcomes the Spanish National Library into its Renewable Energy Customer Portfolio

The company was awarded the contract for the supply of electricity to the institution for one year The agreement, estimated at 4.5 kilowatt-hours/year, will avoid the emission of 4,324 metric tons of CO2 from coal-fired power stations ACCIONA Green Energy Developments, the energy marketing subsidiary of the ACCIONA Group, has been awarded the supply of […]

California Directs State’s Largest Utilities to Offer Green-e Energy Certified Green Power Programs

Historic decision ensures California residents across the state will have the option to choose certified green power In a landmark decision last week, the California Public Utilities Commission (CPUC) approved the “Green Tariff Shared Renewables Program,” a measure that will give millions of California residents and businesses the chance to participate in a utility clean […]