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Wind and solar power subsidies 'still too high', says environment minister

2013-10-09 20:58:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: A new environment minister who advised David Cameron on energy has suggested subsidies for wind and solar power are "still too high", amid growing speculation the Tories are planning an assault against green costs on energy bills. George Eustice, who had an energy brief on Cameron's policy board until this week, argued the current subsidy system needs to be replaced because it is not getting the best deal for consumers. He made the comments to the Western Morning News just before being appointed...

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Indian cabinet approves 750MW solar power development under JNNSM

2013-10-04 01:00:00| Power Technology

The Indian Cabinet Committee on Economic Affairs has approved a scheme to develop 750MW solar PV power projects under batch one of phase two of the Jawaharlal Nehru National Solar Mission (JNNSM).

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China offers solar power tax rebates

2013-09-30 03:01:27| BBC News | Business | UK Edition

China has offered tax rebates to manufacturers of solar power products in an attempt to prop up the struggling sector and also cut pollution levels.

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China offers solar power tax rebates

2013-09-30 03:01:00| Climate Ark Climate Change & Global Warming Newsfeed

BBC: China has offered tax rebates to manufacturers of solar power products in an attempt to prop up the struggling sector and also cut pollution levels. Manufacturers will be refunded 50% of the value added tax from 1 October 2013 to 31 December 2015, the state-owned Xinhua news agency has reported. Chinese firms emerged as key players in the solar power sector in recent years. But weak demand and trade rows have resulted in overcapacity, leaving leading firms with huge debts. According to...

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Can Solar Power Be Cheap?

2013-09-30 02:15:00| Climate Ark Climate Change & Global Warming Newsfeed

Scientific American: Fact 1: The primary ingredient of most solar panels is purified sand. Fact 2: Enough sunlight hits the Earth in an hour to provide all of humanity's energy needs for a year. So why isn't solar power cheap and abundant? For starters, building a device capable of turning incoming photons into electricity isn't cheap. Add in installation and the cost of a solar system can still be more than $10 per watt of electricity produced. That's much higher than the cost per watt from burning coal or natural...

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