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India to invest US$22bn in bid to become world solar leader
The Indian government is working on ambitious plans designed to make the country a world leader in solar energy, boasting 200GW of installed solar capacity by 2050.
A draft of the National Solar Mission strategy, which was leaked to The Hindu newspaper, revealed the government is planning to provide up to $22bn in state funding over the next 30 years as it attempts to build a solar industry in the country.
The strategy also sets out targets, calling for installed solar capacity to rise from the current three megawatts to 20 GW by 2020, and 100GW by 2030.
The proposals, which have ... |
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EC study finds out that EU 20% renewables target can give jobs to 2.8m people
Reaching the 2020 renewable energy targets is expected to lead to around 2.8 million jobs in the renewable energy sector and generate a total value added of around 1.1% of GDP. This is the main conclusion of a European Commission`s study on the impact of renewable energy policy on economic growth and employment in the European Union (Employ-RES) which is available in the internet now. Energy Commissioner Andris Piebalgs said: `This shows that benefits of renewables in terms of security of supply and fighting climate change can go hand in hand with economic benefits`.
In 2005, the renewable energy ... |
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Energy & Environmental Research Center (EERC)
Energy & Environmental Research Center (EERC) is a research, development, demonstration, and commercialization facility recognized as one of the world`s leading developers of cleaner, more efficient energy technologies as well as environmental technologies to protect and clean our air, water, and soil. The EERC is a high-tech, nonprofit branch of the University of North Dakota, which operates like a business. The EERC currently employs more than 280 people and is aggressively expanding its staff.
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- US taps stimulus fund for more than US$300m in clean tech investment
The US Department of Energy (DoE) has this week once again opened up its stimulus funding war chest, announcing US$256m (GBP155m) in fresh investment ...
- Ocean renewable energy at a critical juncture, says Pike Research
The earth’s largest water source, the ocean that covers three-quarters of the planet, has yet to be tapped in any major way for electricity generation. ...
- Global renewables investment up despite financial crisis
Four out of every 10GW of new energy capacity built last year came from the renewables sector, according to a major new report commissioned by the UN ...
- China ready to roll with US$440bn green energy plan
The Chinese government is putting the finishing touches to a $440bn (£272bn) incentive package designed to boost use of solar and wind power in the country. ...
- GE and Plutonic Power considering acquisition of largest wind project in British Columbia
GE Energy Financial Services has announced it has signed an agreement with EarthFirst Canada Inc. (TSX: EF, EF.WT) to consider purchasing the up ...
- Electron Solar Energy closes sale on largest residential solar energy installation in corporate history
Electron Solar Energy (OTC: ESRG), an international distributor of alternative energy systems, announced that the company has completed the sale of the ...
- HP outlines aggressive green agenda
HP has boosted its green credentials with a series of environmental projects and goals, as well as a host of additions to its HP Eco Solutions programme. ...
- Student invents solar tower storage system
An engineering student claims to have found a way to store solar energy – the Holy Grail of solar technology. Claus Volkening, 23, of the University of ...
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