rechargenews.com

Renewables-friendly R�ttgen axed as German Environment Minister

Andrew Lee — Wed, 16 May 2012 16:11:36 GMT

Germany’s Environment Minister Norbert R�ttgen – the politician who oversaw the country’s historic decision to ditch nuclear power and embrace renewables – has lost his job.

Statkraft boosts output but takes hit from low power prices

Andrew Lee — Wed, 16 May 2012 13:31:47 GMT

Norwegian utility Statkraft boosted its wind output in the first quarter of the year but made less profit from the power it produced, due to lower electricity prices in the Nordic region.

Salmond backs 'excellent' Norway-Scotland grid-link plan

Andrew Lee — Wed, 16 May 2012 12:43:22 GMT

Scottish First Minister Alex Salmond has thrown his weight behind the NorthConnect project, which seeks to build a subsea interconnector linking the grids of Norway and Scotland.

Climate change to spark more weather extremes, warns IPCC

Andrew Lee — Wed, 16 May 2012 12:32:34 GMT

The Intergovernmental Panel on Climate Change (IPCC) has warned that new evidence suggests it is “virtually certain” climate change has led to weather extremes, which will become more frequent during the rest of this century.

UK's SSE to create new offshore wind holding company

Andrew Lee — Wed, 16 May 2012 11:53:34 GMT

UK-based utility Scottish and Southern Energy (SSE) is to create a holding company that will group together all its offshore wind farm interests.

Moser Baer shares sink as Indian PV makers flounder

Karl-Erik Stromsta — Wed, 16 May 2012 07:50:34 GMT

Shares of Moser Baer flopped to an all-time low as India’s leading PV manufacturer struggles to take advantage of the fast-growing Indian solar market, and attempts to get its arms round its debt mountain.

Malaysian developer to invest $800m in Vietnam's wind sector

Oliver Wagg — Wed, 16 May 2012 06:02:08 GMT

Malaysian developer Timar Wind Solar Energy Group plans to invest $800m in a large wind scheme in Vietnam’s central Ninh Thuan province.

Western Wind in deal for 4GW CGEI wind pipeline

Benjamin Romano — Wed, 16 May 2012 00:27:37 GMT

Western Wind Energy has an agreement to purchase a 4GW US project development pipeline from a unit of Champlin Windpower and Good Energies for $20m in stock.

US senators propose denying incentives to Chinese PV

Benjamin Romano — Tue, 15 May 2012 23:44:35 GMT

Two Democratic US senators have floated a proposal to deny a 30% tax credit to PV projects that use Chinese-made panels ahead of a major waypoint in the solar trade war.

Martifer Solar enters Brazil with General Motors project

Benjamin Romano — Tue, 15 May 2012 17:42:46 GMT

Martifer Solar is opening a subsidiary in Brazil and has signed an agreement with General Motors Brasil (GM) for the construction of a 300kW PV project.