Lord Smith of Kelvin, current chair of SSE and The Weir Group, is to head the UK’s new Green Investment Bank, the government announced today.
Goldman Sachs is planning a $40 billion investment over the next decade into renewable energy projects, according to media reports.
The UK government says it is giving the solar microgeneration industry ‘certainty’ by confirming further cuts to the feed-in tariff for domestic solar installations from August.
Japanese carmaker Toyota announced this week that sales of its hybrid vehicles have topped 4 million worldwide.
The Scottish Government yesterday launched an £18 million fund to support the development of the region’s first commercial wave and tidal power arrays.
UK public-private partnership, the Energy Technologies Institute, has selected a team led by US company Atlantis Resources to spearhead its effort to cut the costs of tidal energy.
Four organisations have announced plans for a 5 MW distributed smart solar energy project in the Middle Eastern kingdom of Bahrain.
UK Energy Secretary Ed Davey yesterday unveiled details of the government’s long-awaited Energy Bill, which promises to radically overhaul the country’s electricity market.
Solar photovoltaics are much closer to competitiveness with conventional electricity generation sources than policymakers realise, according to Bloomberg New Energy Finance.
US renewables developer SolarReserve was another winner in South Africa’s latest tender to build 1 GW of renewable energy capacity by 2016.