Germany's newly installed onshore wind power capacity rose by a record 4,750 megawatts (MW) in 2014, industry groups said on Thursday, marking what is likely to be a peak annual gain as the country gears up for a nuclear-free future.
Renewable Energy
Mexico's Pemex launches ethanol biofuel program to cut emissions
Pemex is set to launch its first-ever sales of gasoline mixed with cleaner-burning ethanol to reduce greenhouse gas emissions, the Mexican state-run oil company said on Thursday.
U.S. Republican hopefuls Bush, Walker change their tune on ethanol
Potential Republican presidential candidates Jeb Bush and Scott Walker told Iowa voters on Saturday that they supported government policies to boost ethanol use, a change in position that could help their prospects in the corn-growing state.
China tries to ditch its coal addiction, reduce energy intensity
China will boost efforts this year to rid itself of a strong addiction to coal in a bid to reduce damaging pollution as well as cut the energy intensity of its economy, which is expected to grow at its lowest rate in 25 years.
Apple in big solar power deal, market cap closes over $700 billion
Apple Inc (AAPL.O) will buy about $850 million of power from a new California solar farm to cut its energy bill, the iPhone maker said on Tuesday as its stock market value closed above $700 billion for the first time.
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Spanish renewable energy firm Abengoa (ABG.MC) (ABGek.MC), which is selling assets to cut debt, said it had raised $328 million from selling shares in its U.S. unit after banks underwriting the offer bought more of the stock.
Solar power firm SunEdison (SUNE.N) and Indian conglomerate Adani Enterprises plan to invest up to $4 billion in what would be one of India's largest solar panel makers, a boost for Prime Minister Narendra Modi as he hosts an investment summit.
U.S. power company NRG Energy Inc aims to grab a bigger piece of the residential solar industry by expanding its business in California, the nation's biggest solar market, and offering a new financing option to its customers.
Lockheed Martin Corp said on Wednesday it had made a technological breakthrough in developing a power source based on nuclear fusion, and the first reactors, small enough to fit on the back of a truck, could be ready for use in a decade.
The Japan Aerospace Exploration Agency (JAXA) is planning to start a commercialized space-based solar energy farm that would convert sunlight into electricity in a bid to replace the many nuclear power plants built on earthquake-prone areas.
GE Energy Financial Services announced that it will invest $24 million in Welspun Renewables Energy Pvt Ltd's solar power project in Neemuch, India to help more people in the country have access to renewable energy.
Montreal, Canada-based institutional fund manager La Caisse De Depot Et Placement Du Quebec poured C$42 million into the Parc des Moulins wind far in Quebec as part of its bid to generate long-term returns for its clients.
The International Finance Corp (IFC) is shelling out $25.8 million for the construction of a new wind farm in Sindh province of Pakistan to fill in the increasing energy deficit in the region.
Oneonta, US-based large format ultracapacitor manufacturer Ioxus secured $21 million in its Series C funding round to help address climate change by integrating its products into hybrid buses in China.
