The U.S. government has awarded its first exploratory leases for offshore wind development to three companies that aim to place turbines off the coasts of New Jersey and Delaware, Interior Secretary Ken Salazar said on Tuesday.
General Electric's Energy Financial Services is working on thousands of megawatts of renewable energy projects, but is not likely to move forward until the U.S. government decides on rules for new grants, an executive in the company's energy business said on Tuesday.
Hyderabad, June 21 With the European Union charting out a strategy to ensure 20 per cent of its energy requirement comes from renewable energy sources by 2020, opportunities for cooperation in wind and photovoltaic power generation segments are set to grow.
CHENNAI: Udangudi in Tuticorin district may be the site for a 100-megawatt solar thermal power plant. This was mooted during a meeting between Union Minister for New and Renewable Energy Farooq Abdullah and Electricity Minister Arcot N. Veeraswami here on Saturday.
CHENNAI: The new power-generation based incentives planned for the renewable energy sector will not phase out the existing accelerated depreciation incentives, Union Minister for New and Renewable Energy Farooq Abdullah said here on Friday.