The germen manufacturing giant, Siemens, has announced that hundreds of jobs will be created through the construction of a new £80m wind turbine factory.
The offshore wind turbine production facility will be build on the east coast or in the north east of England.
According to the firm, around 700 jobs will be created with the formation of the new factory. The new turbines will be up and running by 2015, aiming to meet the increasing demand for renewable energy in the UK.
Although solar energy is a free and abundant resource, the generation of electricity through the PV systems is not completely free of cost. There are several factors that should be considered before deciding whether it is economical to install a PV system or not.
The first thing that should be considered is the location of your residence. People who live in the sunny areas of the world have a greater advantage as compared to those who are settled in less sunny areas.
Generating electricity from solar means is more beneficial if the electricity rates in the region where you live are particularly high.
But the main thing you should think about is the installation cost, which is the most dreadful part of the solar power generation. The basic initial cost of installation can be very high for a household. As of 2009, a residential solar panel setup cost somewhere between $8 and $10 per watt to install. The larger the system gets, lesser the cost becomes per watt.
For those chocolate lovers who believed that chocolate was the most perfect substance on Earth, another reason has arrived to love chocolates even more.
Now, cocoa bean shells that are left over after the chocolate has been made are being used as a biofuel. It’s actually happening in New Hampshire, which is also the home of chocolatier Lindt USA .
Recently, Lindt announced a partnership with Public Service of New Hampshire (PSNH) for the burning of cocoa bean shells to produce electricity from one of the three 50MW boilers at PSNH’s Schiller Station power plant in Portsmouth.
Earlier in a post, I discussed the various advantages of geothermal energy and its effects. But the question remains that if geothermal energy is so clean and productive, then why don’t we use it commonly to generate power? Here are some disadvantages of producing power through geothermal energy to explain this.
The biggest disadvantages of building a geothermal energy plant is the time it takes to exploration the perfect land. While exploring the suitable place, researchers will do a land survey, which may take several years to complete. Thus if a company wishes to build a plant, it may have to wait for several years before the researchers reply whether the land is suitable or not.
Moreover, most companies that order surveys are often disappointed, as the land they were interested is incapable of supporting a geothermal energy plant. In order to extract the heat required, we have to find certain hot spots within the earths crust, which are quite common around volcanoes and fault lines, which are obviously very difficult places to build a geothermal energy plant.
Think is a Oslo-based car company that makes electric-cars. Last month, It rolled out its first electric car for European market from its plant in Finland. Think chief executive announced that they will be building their first car in December, 2011 at the newly constructed plant in Indiana. 
The new subcompact electric car is currently being called “Think City”. Company is planning to sell the first car in U.S. as early as October, 2010. These early models will be imported from Finland. These cars will be followed by production of U.S. produced cars in January, 2011. Mr. Richard Canny, CEO of Think has been quoted as a source of above information.
Think is likely to make an investment of around $50 million at its assembly plant in Elkhart County, Indiana. The auto manufacturer is expecting to get around $20 million in subsidy from U. S. Government in shape of tax incentives and human resource development funds.
Recently, a private placement deal was signed between World Energy Solutions Inc., which is a Worcester-based operator of online exchanges for energy and green commodities, and Bond Capital Ltd. that would bring around $2.5 million to the company.
It has been stated that an affiliate of Bond will buy $1 million worth of World Energy’s common stock at a cost of $2.97 per share.
An additional $1.5 million in shares, has also been offered by World Bank on the same terms to Bond or its designee. The offer is valid till Dec. 31, 2009, and the price of the shares will be determined at the time of investment.
The biggest power company in Scotland has announced plans to create 250 renewable energy jobs in Glasgow. This will be made possible through the creation of a new Centre of Engineering Excellence for Renewable Energy (Ceere) which will allow Scottish and Southern Energy, SSE, to develop wind and marine energy schemes.
According to the First Minister Alex Salmond, the project will put Glasgow at the epicentre of a key strand of engineering. The jobs created will probably be both highly skilled and highly paid.
