Russian Hydro utility HydroOGK and aluminum producer RUSAL awarded a contract to JSC Power Machines of Russia to supply turbines for the 3,000-mw Boguchanskaya hydroelectric project being built on Russia’s Angara River.
Statistics show that in 2005, a total of US$38 billion was invested in renewable energy development worldwide. China topped the list with a commitment of US$6 billion, excluding spending on large hydropower projects.
The U.S. Department of Energy (DOE) released its long-awaited study of the economic and national security implications of the Chinese energy demand, which found that China's incredible 9 percent annual economic growth rate was led by an energy demand that could seriously affect U.S. foreign policy and economic progress.
Sustainable Energy Technologies has agreed to collaborate with a Chinese Group to advance the development and commercialization of Darrieus-type wind turbines for use in China and other markets around the world. Darrieus-type wind turbines, often called vertical axis turbines, have had relatively few commercial successes compared to tradition horizontal axis wind turbines but nonetheless continue to captivate some wind power entrepreneurs.
As our planet slides into expanding use of coal which has dreaded impacts on global climate change, added mercury and particulate pollution, and reduced water quality -- and increased used of nuclear power which adds to waste and proliferation hazards -- and natural gas being considered in its liquified form which increases our energy imports and gives terrorists more targets for their lethal arsenal -- I am stunned about the angst on certain renewable energy options.
GE Energy has received a contract of US$7.8 million to supply three turbine-generator sets for the Liuhong Hydropower Station, a new facility to be built on the Meigu River in Sichuan Province, People's Republic of China.
Marking the largest acquisition by GE Power Systems in the People's Republic of China, the company has acquired majority ownership of Kvaerner Power Equipment Co., Ltd (Kvaerner Hangfa) of Hangzhou, China, one of the leading suppliers of hydropower generation equipment in China.
September 10, 2002 [SolarAccess.com] According to Reuters, the company building the world’s largest dam – the China Yangtze River Three Gorges Project – is planning to offer stock in the company next year to raise money.
The U.S. Department of Energy compiles energy data on most countries around the world, including their domestic use of renewable energy.
The use of renewable energy around the world will increase by 53 percent between 1999 and 2020. However, its share of global energy consumption will drop from a current level of 9 percent to 8 percent during that time, according to a U.S. government report.