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7 Developments in Renewable Energy

With solar and wind energy heating up gradually, there is breaking news everyday around the globe in this sector.  We found 7 new developments…

  1. 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.
  2. China Datang Corp., the China’s second-biggest power producer, 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.
  3. A-Power Energy Generation Systems, Ltd. (APWR) on January 2 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, "We look forward to having our investors join us at this extremely exciting, and historic, event, which marks the full launch of our wind turbine business in China. 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."
  4. Photovoltaic module manufacturer Photovoltaic 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.
  5. 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.
  6. 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.
  7. 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.

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