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The Rough Guide to Community Energy – free book

Rough Guides has published a new book titled The Rough Guide to Community Energy. With financial backing from retailer Marks & Spencer and distribution by energy efficiency pressure group 10:10, the new book is being distributed for free to encourage Britons to launch carbon-cutting and renewable-energy projects in their local communities. The Rough Guide to Community Energy is … Continue reading »

GE launches GE Deutschland

GE has announced a press conference for 11am CET tomorrow (Tuesday) to launch its new structure for the German market, GE Deutschland. A GE blog states the media will be informed about the new structure and its planned investments, goals and projects at its research centre in Garching near Munich. Millicent Media understands the new unit … Continue reading »

British farmers swap CAP for FiT

An increasing number of British farmers are embracing renewable energy schemes with a potential return on investment of more than 10 per cent, according to UK renewables developer Eco Environments. With income for farmers dropping as commodity prices have plummeted, the farming community has been forced to look for new ways to make money. There … Continue reading »

Renewables and the rise of private equity investment

Despite a scaling back of lavish subsidies amid government austerity programmes (and falling costs), the renewables sector is undergoing somewhat of a resurgence. This time last year, shares in the world’s largest wind turbine manufacturer, Vestas, had lost more than a fifth of their value after recording a second consecutive quarterly loss and issuing a … Continue reading »

Siemens splits renewables division into wind, solar/hydro units

Effective  October 1, Siemens is to split its renewables business into two units: Wind Power and Solar & Hydro. Wind turbines, solar power and components for hydro power plants form part of Siemens’ “Environmental Portfolio”, for which revenue totalled €28 billion ($40 billion) in 2010. Michael Suess, CEO of Siemens Energy, said: “We’re separating solar and … Continue reading »

Point Carbon slashes EU ETS Phase III carbon price forecast

The average EU Allowance (EUA) price in Phase III of the EU’s Emissions Trading Scheme (EU ETS) will be €22/tonne ($32), according to Thomson Reuters Point Carbon. The €22/tonne figure is €8/tonne less than its October 2010 forecast, “mainly due to the earlier and greater deployment of renewable energy than previously assumed”, said Anne Kat … Continue reading »

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