RENEWABLE ENERGY

Waive off import duty on solar, wind equipments

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In a bid to make India Solar and Wind Valley on lines of Silicon Valley, The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has urged the Finance Minister to completely exempt imported equipment from levy of import duty for setting up of Solar and Wind Power plants.
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Green energy agency set to gain members

The International Renewable Energy Agency (IRENA) expects new members to join at its next meeting while China and world top oil exporter Saudi Arabia are to attend as observers, its head said on Wednesday.
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Some question First Solar's tech status

Shares in First Solar Inc,, one of the early stars of the emerging solar power sector, have had a choppy ride lately, raising a question for investors: Is it a tech play or something more down-to-earth?
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JA Solar, Solarfun up as analyst lifts estimates

The shares of Chinese solar power companies JA Solar Holdings Co Ltd and Solarfun Power Holdings Co Ltd rose as much as 13 percent on Wednesday after an analyst raised price estimates for the companies.
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EDP Renewables expects to win UK wind project

Portugal's EDP Renewables (EDPR) expects to be awarded a 1.3 gigawatts development project in the third offshore wind farm leasing round in the United Kingdom, the company said on Wednesday.
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U.S.-led climate deal under threat in Copenhagen

Several developing nations rejected on Saturday a climate deal worked out by U.S. President Barack Obama and four major emerging economies, saying it could not become a U.N. blueprint for fighting global warming.
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Stressed solar looks beyond Wall St. for capital

The solar industry needs $2 billion to expand next year, but with Wall Street still nervous about backing risky and capital intensive ventures, companies are looking beyond to boutique banks and other sources of funding to avoid falling behind.
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Europe's wind companies snap up U.S. stimulus cash

European companies have scooped up the majority of U.S. stimulus money set aside for wind power projects, drawing on their expertise and global reach to tap into Washington's effort to grow the base of renewable energy sources.
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Edison Intl spending billions on renewable energy

Edison International is spending billions to bring more renewable power to customers in Southern California and carbon-free, wind energy to homes and businesses across the United States, CEO Ted Craver told Reuters on Wednesday.
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Germany may trim solar power incentives

Germany may trim incentives for solar power producers next year but still aims to double the proportion of energy it generates from renewable sources by 2020, despite overcapacity and a subdued economic outlook.
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U.S. pledges $85 million for renewable energy

The United States pledged on Monday to contribute $85 million to a $350 million multinational fund aimed at speeding up renewable energy and energy efficiency technologies in poor countries.
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Ofgem names shortlist for UK offshore wind links

British energy regulator Ofgem has announced a shortlist of six bidders competing to connect nine offshore wind projects to the grid in the first stage of a programme to connect up some 33 gigawatts (GW) by 2020.
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Siemens aims to be in top 3 in wind power by 2012

German conglomerate Siemens, the world's market leader in offshore wind turbines, is aiming to become one of the top three suppliers to the wind power market by 2012, the head of its Wind Power unit said.
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Siemens aims to be in top 3 in wind power by 2012

German conglomerate Siemens, the world's market leader in offshore wind turbines, is aiming to become one of the top three suppliers to the wind power market by 2012, the head of its Wind Power unit said.
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Green fund Impax eyes Copenhagen boost in U.S.

Environmental investment manager Impax Asset Management Group Plc is preparing to capitalize on the buzz around the Copenhagen summit to tap into new markets in the United States, the group's CEO said on Wednesday.
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UK must take smart meter step to climate goal

Smart meters, which encourage consumers to cut energy consumption, are crucial for Britain to limit costs for achieving its ambitious 2050 greenhouse gas reduction target, an executive from National Grid said.
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Britain, Italy top picks for windpower investment

Germany and Spain will provide Europe's biggest growth in windpower over the next decade but Britain and Italy might give the best returns on investment, the head of the European Wind Energy Association said on Friday.

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