United Kingdom has been a laggard in climate change and global warming issues especially compared to its European neighbours.While countries like Italy,Germany and Spain have installed gigawatts of solar energy , UK has installed a measly 32 MW of solar energy till 2009.While UK’s geographical location is not particularly suited for solar energy,Germany does not […]

Spain has been in the media spotlight for its proposed retroactive solar subsidy cuts which were strongly opposed by the Solar Industry Association in Spain.These Feed in Tariff Cuts would come on guaranteed electricity payments to solar plants installed during the Solar boom in 2007 and 2008.Pension funds and other financial investors in these renewable […]

According to the German Federal Agency,Germany added 1.7 GW of Solar Energy in the month of June.This bring the cumulative installed capacity for 2010 to 3.4 GW capacity compared to the 3.8 GW capacity installed in the entire 2009.The reduction in Feed in Tariffs in July 2010 has propelled the developers to finish all the projects by June 30 in order to qualify for the much higher electricity rates.

China has recently come under strong criticism for unfairly treatment foreign companies.While MNCs are looking towards China as a source of growth ,Chinese are only interested in Technology that these companies offer.Rules and regulations are such that foreign companies are forced to tie up and share technology with local partners.This inevitably leads to local partners going on their own and competing with the same companies they got their technology from.China’s Wind Energy Industry is a testament of this fact

European Power Utilities are increasingly looking towards private capital in order to fund their renewable energy projects.The European Union has a target of generating 20% of its energy from renewable energy sources by 2020.With most of the European countries facing budgetary and fiscal problems,Electricity utilities in Europe need to look for other sources of fund […]

Germany’s EEG program instrumental in bringing Solar Energy¬† Close to Grid Parity Germany has been the poster child for Feed in Tariff success in promoting renewable energy.Germany Renewable Energy Law which was passed in 2004 led to a massive growth in solar and wind energy making the country a global leader in Green Technology.German Renewable […]