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World Bank Grants $250m Loan to Eskom for Its Eskom Renewables Energy Support Project
Power parastatal Eskom has been granted a $250 million loan (about R1.9 billion) for its Eskom Renewables Energy Support Project (ERSP), said the World Bank.
French Loan to Finance South African Eskom Wind Project
South Africa’s Eskom has secured a $100 million credit facility from French development finance group Agence Française de Développement for financing a wind power project.
Duke Energy Announces Plans to Build Fifth Texas Wind Farm
For the second time in a month, Duke Energy is announcing plans to build a large-scale wind farm in Texas.
First Purpose-built Wind And Solar Project in North America Begins Operation
Western Wind Energy Corp. has announced that effective September 16th, 2011, Western Wind Energy began commercial operations of its 100% owned Kingman I wind and solar project, located in Kingman, Arizona (the “Project”).
Uruguay Developers Offer Cheaper Power From Private Wind Farms
Uruguay’s, Ministry of Industry, Energy and Mining Ramon Mendez, has said that that by 2015 Uruguay could have $1.3 billion dollars of wind farms after developers promised cheaper electricity than that from conventional fuel powered plants.
In the Aftermath of Fukushima, Germany’s Renewable Energy Sources Rise to 20 Percent
The worldwide implications for nuclear power advocates in light of the 11 March disaster at Japan’s Daichi Fukushima nuclear complex, battered first by an earthquake and a subsequent tsunami, are slowly unfolding.
$1.3 Billion Indian Wind Power Plan to Power 225,000 Australian Homes
India’s wind-power company Suzlon Energy, one of the world’s largest, is planning a $1.3 billion project in regional South Australia. The wind farm, if built, will generate enough electricity to power 225,000 homes annually.
Brazilian Wind Energy Projects Advance in Government Auction
Power auctions organized by Brazil’s government on 17 August have indicated the country’s growing interest in renewable power projects, particularly wind.
