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Even Saudi Arabia is Turning to Renewable Energy

When a country that doesn’t have much oil reserves turns to renewable energy, it can be considered as a normal thing to do. However, when a country which is labeled as an oil giant with reserves of around 270 billion barrels announces that it is exploring alternative ways of generating electricity, it...

Sharp acquires Recurrent Energy for $305 Million

Sharp Corporation, the Japanese multinational corporation that manufactures electronic products has acquired 100% ownership of the Recurrent Energy for $305 million. This makes the US solar energy development company 100% owned subsidiary of the Sharp Corporation but the deal keeps the Recurrent Energy...

E.U. SuperGrid Plan

Across the European Union, there is talk about changing their power grid, to transform their current transmission system into a ‘Supergrid’. It is planned that this new grid will revolution how power and energy is transmitted across Europe, which will also help to connect Europe in more ways than just...

UK Warned Against Cutting Incentives

In April last year, the British government put in place incentives for the solar power industry to start building solar panels and for the introduction of solar panels to old and new buildings and structures. Many companies and invested decided to take these incentives up (Also know as feed-in tariffs.),...

BP’s Solar Project in Australia to cost over A$600 Million

According to the London based company BP Plc that is competing for Australian government financial support for its solar project in New South Wales its project will cost over A$600 million. The BP’s project is planned to produce 150MW and create 300 jobs in construction. The company’s spokesman...

Bill Gates Talks About the Future of Energy

When you hear the name Bill Gates, you automatically think about Microsoft and all the software that they produce. However, Bill Gates is not just the main man behind Microsoft — he’s also a philantropist and an investor. He’s been in the energy field for a long time, investing in many...

Renewable Energy Debate

Renewable energy and power sources have been the cause of debate for many, many years. This debate has follow a very similar path as many other big projects, such as airports, coal power plants, refineries, hazardous waste dumps etc. The common perception of the public is ‘Not in my backyard’, as many...

New Solar Power Plant For Arizona

With the need for changing habits from reliance on fossil fuels to renewable green energies becoming more and more needed each year, large-scale projects are welcomed. Many governments, such as the U.S. government, are helping to fund projects and research in this area. A new development is being planned for...

Bord Gais announces Investment into Wave Power

Bord Gáis has announced it will invest in the company Tonn Energy which will develop an electricity system that will generate energy from wave power from the sea. The leading energy provider in Ireland will become a 20% stake owner of the wave power company which is a joint project of Irish company Wavebob...

Federal Funding For 3 Solar Companies

Following years of pressure from green groups, researchers, experts and scientists, the U.S. government is attempting to undo years of neglect in the renewable energy resources sector by offering grants and incentives to companies and developers. It is hoped that, following the realisation that fossil fuels...

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