Solar energy seems to be the new go-to investment in the United Arab Emirates, prompted by record low prices for the technology.
South African pension fund invests $1.8 billion in 2 CSP projects
South Africa’s largest pension fund has announced investments worth $1.8 billion in two concentrated solar power projects.
Abengoa commissions South Africa’s 1st solar thermal plus storage plant
South Africa commissions first concentrated solar power plant, a 100MW solar thermal facility with molten salt storage.
South Africa saved $69 million from solar, wind energy in 2014
A study by the CSIR states that the 1.6 GW of wind and solar power capacity commissioned by the end of 2014 cut fuel costs by more than $450 million.
India to install world’s largest solar PV project over a dam barrier
Indian companies are coming up with highly innovative project designs as they aim to get a bite of the expanding solar power market in the country.
World’s largest coal miner to invest $1.2 billion in solar power
Coal India in talks with Ministry of New and Renewable Energy (MNRE) for the development of 1,000MW solar power plants.
New Zealand’s Green Party proposes 100% RET ahead of elections
NZ Green Party want 100% renewable energy target by 2050, in addition to several other measures in the clean transportation and energy efficiency domains.
Indian coal producer to invest $80m in solar, wind energy projects
A big coal producer and power generator located in Southern India announces that it will invest US$82m to set up 25MW solar PV and 55MW wind power capacity.
SunEdison to build 70MW solar plant for Chilean copper mine
One of the largest copper mining companies in the world is set install a solar power project to power part of its operations in Chile.
India plans to add 10,000MW wind energy capacity every year
Indian wind turbine manufacturers and project developers to increase annual capacity addition to five times its current level.
