Tokyo Electric Power to construct solar plant in U.S.
According to the report, the company intends to benefit from incentives expected to be provided by the new U.S. government to boost solar power generation. The company plans to start operations at the 1,000kW plant by 2010.
Earlier, the U.S. government announced that it had allocated $38 billion for investments in the environmental and energy sectors and $20 billion in tax incentives to provide impetus to private investment in this sector.
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Cape Town to Build Own Power Plants, Buy Additional Electricity
CAPE TOWN - Cape Town is seeking to secure more than 450 megawatts of power from renewable sources to cut reliance on state power utility Eskom Holdings SOC Ltd. and reduce greenhouse gas emissions.
South Africa’s second-biggest city is looking at a range of options and expects the bulk of the electricity to be generated from solar plants, Kadri Nassiep, the city’s executive director of energy and climate change, said in an interview.
On July 14 the city of 4.6 million people released a request for information to seek funding to build its own plants. This month or next it will seek…