//10 New Developments in Renewable Energy This Week

10 New Developments in Renewable Energy This Week

There is a lot of breaking news everyday around the globe in the renewable energy, or clean tech sector. Here is a summary of what has happened over the last week, mostly in China, and what’s coming up.

  1. On Friday, two Chinese companies announced plans to build a solar power plant in northwestern China that could one day be the largest photovoltaic solar project in the world. The project will combine thin-film and traditional photovoltaic technologies. China Technology Development Group Corp and privately held Qinghai New Energy Group will begin building a 30 megawatt solar power station in China’s Qaidam Basin this year with an initial investment of $150 million, they said in a joint statement. While 30 MW is not particularly big, the project will ultimately produce 1 gigawatt!
  2. Ernst & Young’s latest Renewable Energy country attractiveness index now ranks Germany ahead of the United States as the most sort after market for investment in renewable energy.
  3. China’s second-biggest power producer, China Datang Corp., received state permission to build a 4.5 billion-yuan ($659 million) wind farm in Jilin province as the government expedites project approvals to spur economic growth. The plant will have a capacity of 400 megawatts according to a Bloomberg report.
  4. On January second, A-Power Energy Generation Systems, Ltd. (APWR), announced it will celebrate the launch of its first wind turbine production facility, the largest in China, with a ribbon-cutting ceremony in Shenyang, China, on Sunday, January 11, 2009. Mr. Jinxiang Lu, A-Power’s Chairman and CEO, said, “Our wind turbine facility, strategically located in the city of Shenyang, is the largest in China, with total annual production capacity of over 1,125MW of wind turbines.”
  5. President-elect Obama on Saturday released his latest weekly speech to the nation, reaffirming his efforts to invest more on renewable energy as part of the nation’s new energy plan.
  6. Photovoltaic module manufacturer Suntech Power Holdings Co. Ltd. (STP) announced that it is jointly constructing a 66MW on-grid photovoltaic project with Yunnan Provincial Power Investment and other investors. The project began construction in December in Shilin.
  7. Schmid Silicon Technology announced on December 31, 2008 it will invest in China to build a monosilan and polysilicon production plant. The company is expected to start production in June 2009, and annual production capacity can reach 540 tons of monosilan.
  8. According to a Chinese newenergy.com report(in Chinese: www.newenergy.com.cn), China’s wind energy capacity has reached 1GW in 2008. Solar energy is expected to increase 30% in 2009.
  9. Energy firm RWE nPower (RWEOY.PK) has revealed plans to build up to three new nuclear power stations in Anglesey, Wales, the Guardian has reported. The British branch of the German-owned firm has announced its intention to make a ‘multibillion-pound investment’ in the area which could generate 3.6 gigawatts of energy which could provide power for up to 5m homes from 2012.
  10. South Africa’s state-run power utility Eskom plans to start operating wind turbines this year to boost the supply of electricity, a company spokesman said on Monday. “We are looking at building 50 wind turbines with two megawatts each before the end of this year across the country,” Fani Zulu said on public broadcaster SA FM.

Image above is of a huge windfarm in Xinjiang China: image credit Kiwi Mikex