Japan's plans to develop its renewable energy industry are lagging much of the world, as the nation has "prioritized keeping the status quo for fear of change," Foreign Minister Taro Kono said.
The Institute for Energy Economics and Financial Analysis offers advice to the Norway's sovereign wealth fund. Specifically, it makes the case that much (35% or $25 billion) of the money to be reallocated into equities under this plan should go to the purchase of equities in the renewable energy space.
The Polish Ministry of Energy (ME) has been working on a set of changes to the Renewable Energy Sources Act and certain other acts including the Wind Energy Investments Act. The wording of the proposed changes is to be presented this week....
<p>The global market is witnessing a significant growth due to rising energy demand coupled with increasing share of renewables in the power generation mix, energy efficiency mandates demanding carbon emission reduction, and government incentives supporting renewable energy deployment.</p> <p>Among the three water depth location for offshore wind turbines, shallow water is expected to hold the largest share during the forecast period. The development of shallow water is generally cost effective due to better weather conditions, whereas, installing wind turbines in deep water becomes expensive due to high maintenance cost. However, offshore wind turbines are getting installed in all three water locations depending on the region, turbine capacity, and wind speed. Shallow water condition mostly prevails in the European countries due to favorable weather conditions. The major players that provide turbines which can be installed in shallow water includes Siemens AG (<span class="xn-location">Germany</span>) and MHI Vestas (<span class="xn-location">Denmark</span>) among others.</p>
Gresham House is to buy renewable energy VCT and EIS manager Hazel Capital, which advises on assets of £100m. Gresham House chief executive Tony Dalwood says the acquisition fits well with the asset manager’s strategy to build its range of alternative and illiquid investment products. The asset manager already has a real assets division, which invests in forestry, infrastructure, energy […]
<p><span class="m_first-letter m_first-letter--flagged">E</span>nergy investors are underwhelmed by the UK renewable energy market due to a vacuum in policy direction for the industry’s future.</p>
The US slipped to the third spot from the first in the last year's ranking, EY said. "The fall - the first for the US since 2015 - to third in the ranking of the top 40 countries follows a marked shift in US policy under the new administration," it said.