To Shift Middle East Away from Nuclear Track, U.S. Should Invest in Solar Partnerships
The Middle East is on track toward a nuclear proliferation nightmare as Iranian officials have expressed their intent to vastly expand Iran’s domestic nuclear enrichment capacity by the beginning of the next decade, Saudi Arabia is pursuing its own nuclear program, and Russia has just announced plans to partner with Egypt on the development of “an


India plans to quadruple its renewable power capacity to 175 gigawatts by 2022 as part of the government’s plan to supply electricity to every household, Finance Minister Arun Jaitley said Saturday.
China’s polysilicon imports via ports in Shandong province amounted to 2,883 tons for the first 11 months of 2014, an increase of 73.6 percent over the same period of 2013, according to data from Jinan Customs. These imports were valued at 440 million yuan (approx. US$70.4 million), up 89 percent from a year earlier, while the average import price was 154.7 yuan (approx. US$24.8) per kilogram, up 8.8 percent.
Power industry regulators around the world are increasingly coming to realize the multiple benefits and advantages of intelligent energy storage solutions. As Navigant highlights in the Q1 2015 edition of its Energy Storage Tracker, new regulatory mandates in the U.S., Europe and across Asia-Pacific were key factors that made 2014 “a major year for the global energy storage industry.”
The first round of the Contracts for Difference (CfD) programme — the UK scheme that is designed to support low-carbon generation and a capacity margin in the energy sector — has concluded. Contracts were offered to 27 renewable electricity projects with a total value of some £315 million (US$500 million), which include two offshore wind farms with a total planned capacity of more than 1.1 GW, 15 onshore wind projects and five solar projects. In total, more 2 GW of new low-carbon capacity (including renewables, nuclear and carbon capture and storage) could be built under the CfD scheme.
Iberdrola SA, Spain’s largest electricity company, agreed to buy UIL Holdings Corp. in a deal valued at about $3 billion in cash and shares to create a U.S. utility with about 3.1 million customers.