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LATEST FROM PEI

The German government is mulling a revision of its energy tax system, a move which could have a heavy impact on the country’s solar power industry.

Approval has been granted to build the £2.6bn, 588 MW Beatrice Offshore Wind Farm in Scotland, after its owners reached financial close.

The La Nina weather pattern could provide a boost for power prices in Europe this winter with cooler wind temperatures and lower wind speeds very possible according to models produced by the UK’s meteorological service.

Morocco has received expression of interest (EOI) documents from 93 companies for its estimated $4.6bn gas to power project at Jorf Lasfar.

POWER ENGINEERING Intl. Newscast

REW.COM Latest news

Like all energy sectors, the wind energy industry is one filled with risks. From testing and production of wind turbine components through to transport, installation and lifetime servicing of turbines, occupational safety and health (OSH) risks abound at every step of the process.

Spruce Finance Inc., a solar-financing company backed by Kleiner Perkins Caufield & Byers LLC, arranged $120 million in debt for rooftop solar systems in the U.S. The deal closed Friday.

Saudi Arabia is seeking to revive its stalled solar-power program, scaling back more ambitious targets it set four years ago after making little headway in transforming the energy supply of the world’s biggest oil exporting nation.

On Tuesday during WINDPOWER 2016 in New Orleans, CEO of the American Wind Energy Industry Tom Kiernan and Vestas CEO Chris Brown said that wind power is well-positioned now but the industry has five years to get costs down enough so that unsubsidized wind power is cheaper than gas and solar.

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