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Renewable Energy Movement Grows in Europe

2014-07-24 16:26:00| Chemical Processing

Projects for a variety of technologies land $1.36 billion in funding.

More support for Germanys renewable energy sector as new law gets go-ahead

2014-07-24 14:28:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: The EU Commission announced their approval of Germanys new renewable energy law in Brussels on Wednesday. The Commission thinks the new law will help the country move away from fossil fuels and will not stop competition in the single market. The German Renewable Energy Act or EEG 2014 will support the production of electricity from renewable sources, helping to meet carbon emission targets and will come into force on August 1 2014. The EU Commission estimated the support of renewable electricity...

Tags: support law energy sector

UK renewable energy subsidies capped at 200m a year

2014-07-24 12:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: A ceiling of 200m a year will be placed on subsidies to some of the major forms of renewable energy from this autumn, affecting the funding of large-scale low-carbon installations from wind and solar farms to biomass-burning power plants. The money will be available under the coalition's new contracts for difference, which subsidise renewable energy companies who offer electricity at a lower rate of carbon emissions than fossil fuel generators, and are paid for by levies on household energy...

Tags: year energy subsidies renewable

Foreign investment in UK renewable energy projects on the rise

2014-07-21 18:14:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: The number of UK renewable energy projects supported by foreign investors has increased by 25% in a year, new figures have revealed. A report from UK Trade and Investment (UKTI), released on Sunday, showed that from 2013-2014, the nation has attracted the most inward investment projects since records began in the 1980s. Overall, the UK attracted inward investment to 14% more projects than last year, with 66,390 new jobs created. Among the sectors that most appealed to foreign investors is the...

Tags: the energy projects foreign