Spotlights

Edinburgh named home city for Green Investment Bank HQ
March 13, 2012 10:11 AM - ClickGreen staff

Edinburgh has won the competition to be the home city of the headquarters of the world's first Green Investment Bank, the UK Government confirmed today. The Scottish capital beat off 31 rival bids to be announced the HQ location, with the GIB's main transaction team based in London. Business Secretary Vince Cable said locating the bank across the two cities will enable the GIB to become a world leader, playing to the strengths of both capitals. He added: "Harnessing the strengths of Edinburgh and London will support the Green Investment Bank's ambition to become a world leader. Edinburgh has a thriving green sector and respected expertise in areas such as asset management. London, as the world's leading financial centre, will ensure that the GIB's transaction team can hit the ground running. This decision will allow the GIB to operate effectively and achieve its mission of mobilising the additional investment needed to accelerate the UK's transition to a green economy." Scottish Secretary Michael Moore welcomed the news, and added: "I am delighted that the Green Investment Bank will be headquartered in Edinburgh. Scotland has enormous green energy potential and its capital is the UK's second biggest financial centre. The size and scale of the UK's single energy market ensures the level of investment that will unlock Scotland's renewables future, providing sustainable and affordable green energy across the UK. It makes perfect sense to have a GIB presence there."

Edinburgh named home city for Green Investment Bank HQ
March 13, 2012 10:11 AM - ClickGreen staff

Edinburgh has won the competition to be the home city of the headquarters of the world's first Green Investment Bank, the UK Government confirmed today. The Scottish capital beat off 31 rival bids to be announced the HQ location, with the GIB's main transaction team based in London. Business Secretary Vince Cable said locating the bank across the two cities will enable the GIB to become a world leader, playing to the strengths of both capitals. He added: "Harnessing the strengths of Edinburgh and London will support the Green Investment Bank's ambition to become a world leader. Edinburgh has a thriving green sector and respected expertise in areas such as asset management. London, as the world's leading financial centre, will ensure that the GIB's transaction team can hit the ground running. This decision will allow the GIB to operate effectively and achieve its mission of mobilising the additional investment needed to accelerate the UK's transition to a green economy." Scottish Secretary Michael Moore welcomed the news, and added: "I am delighted that the Green Investment Bank will be headquartered in Edinburgh. Scotland has enormous green energy potential and its capital is the UK's second biggest financial centre. The size and scale of the UK's single energy market ensures the level of investment that will unlock Scotland's renewables future, providing sustainable and affordable green energy across the UK. It makes perfect sense to have a GIB presence there."

Abu Dhabi bets on anti-dust solar panels
March 6, 2012 10:10 AM - Rehab Abd Almohsen

Abu Dhabi is teaming up with a global electronics company to develop better coatings for solar panels to make them cheaper and easier to keep clean in desert conditions. The Middle East and North Africa (MENA) region stands to benefit from concentrated solar power (CSP) — a technology that uses lenses or mirrors to focus large amounts of sunlight onto a small area. This light is converted to heat, which generates electricity. In 2009, a joint study by the International Energy Agency's SolarPACES group, the European Solar Thermal Electricity Association and Greenpeace International concluded that CSP could generate up to a quarter of the world's energy needs by 2050. But harsh desert conditions in parts of the MENA region generate large amounts of airborne dust which collects on the solar panels used in CSP systems, reducing their efficiency. They need regular cleaning, which consumes large amounts of water. Bodo Becker, operations manager at Flagsol, which developed Egypt's first solar-thermal plant, Kuraymat, said this is a serious issue at his facility. "If we leave dust to accumulate for just one month, the output of the solar panels decreases by about 35 per cent," he said, adding that the facility uses nearly 40,000 litres of water every day.

Abu Dhabi bets on anti-dust solar panels
March 6, 2012 10:10 AM - Rehab Abd Almohsen

Abu Dhabi is teaming up with a global electronics company to develop better coatings for solar panels to make them cheaper and easier to keep clean in desert conditions. The Middle East and North Africa (MENA) region stands to benefit from concentrated solar power (CSP) — a technology that uses lenses or mirrors to focus large amounts of sunlight onto a small area. This light is converted to heat, which generates electricity. In 2009, a joint study by the International Energy Agency's SolarPACES group, the European Solar Thermal Electricity Association and Greenpeace International concluded that CSP could generate up to a quarter of the world's energy needs by 2050. But harsh desert conditions in parts of the MENA region generate large amounts of airborne dust which collects on the solar panels used in CSP systems, reducing their efficiency. They need regular cleaning, which consumes large amounts of water. Bodo Becker, operations manager at Flagsol, which developed Egypt's first solar-thermal plant, Kuraymat, said this is a serious issue at his facility. "If we leave dust to accumulate for just one month, the output of the solar panels decreases by about 35 per cent," he said, adding that the facility uses nearly 40,000 litres of water every day.

Abu Dhabi bets on anti-dust solar panels
March 6, 2012 10:10 AM - Rehab Abd Almohsen

Abu Dhabi is teaming up with a global electronics company to develop better coatings for solar panels to make them cheaper and easier to keep clean in desert conditions. The Middle East and North Africa (MENA) region stands to benefit from concentrated solar power (CSP) — a technology that uses lenses or mirrors to focus large amounts of sunlight onto a small area. This light is converted to heat, which generates electricity. In 2009, a joint study by the International Energy Agency's SolarPACES group, the European Solar Thermal Electricity Association and Greenpeace International concluded that CSP could generate up to a quarter of the world's energy needs by 2050. But harsh desert conditions in parts of the MENA region generate large amounts of airborne dust which collects on the solar panels used in CSP systems, reducing their efficiency. They need regular cleaning, which consumes large amounts of water. Bodo Becker, operations manager at Flagsol, which developed Egypt's first solar-thermal plant, Kuraymat, said this is a serious issue at his facility. "If we leave dust to accumulate for just one month, the output of the solar panels decreases by about 35 per cent," he said, adding that the facility uses nearly 40,000 litres of water every day.

Abu Dhabi bets on anti-dust solar panels
March 6, 2012 10:10 AM - Rehab Abd Almohsen

Abu Dhabi is teaming up with a global electronics company to develop better coatings for solar panels to make them cheaper and easier to keep clean in desert conditions. The Middle East and North Africa (MENA) region stands to benefit from concentrated solar power (CSP) — a technology that uses lenses or mirrors to focus large amounts of sunlight onto a small area. This light is converted to heat, which generates electricity. In 2009, a joint study by the International Energy Agency's SolarPACES group, the European Solar Thermal Electricity Association and Greenpeace International concluded that CSP could generate up to a quarter of the world's energy needs by 2050. But harsh desert conditions in parts of the MENA region generate large amounts of airborne dust which collects on the solar panels used in CSP systems, reducing their efficiency. They need regular cleaning, which consumes large amounts of water. Bodo Becker, operations manager at Flagsol, which developed Egypt's first solar-thermal plant, Kuraymat, said this is a serious issue at his facility. "If we leave dust to accumulate for just one month, the output of the solar panels decreases by about 35 per cent," he said, adding that the facility uses nearly 40,000 litres of water every day.

Abu Dhabi bets on anti-dust solar panels
March 6, 2012 10:10 AM - Rehab Abd Almohsen

Abu Dhabi is teaming up with a global electronics company to develop better coatings for solar panels to make them cheaper and easier to keep clean in desert conditions. The Middle East and North Africa (MENA) region stands to benefit from concentrated solar power (CSP) — a technology that uses lenses or mirrors to focus large amounts of sunlight onto a small area. This light is converted to heat, which generates electricity. In 2009, a joint study by the International Energy Agency's SolarPACES group, the European Solar Thermal Electricity Association and Greenpeace International concluded that CSP could generate up to a quarter of the world's energy needs by 2050. But harsh desert conditions in parts of the MENA region generate large amounts of airborne dust which collects on the solar panels used in CSP systems, reducing their efficiency. They need regular cleaning, which consumes large amounts of water. Bodo Becker, operations manager at Flagsol, which developed Egypt's first solar-thermal plant, Kuraymat, said this is a serious issue at his facility. "If we leave dust to accumulate for just one month, the output of the solar panels decreases by about 35 per cent," he said, adding that the facility uses nearly 40,000 litres of water every day.

Abu Dhabi bets on anti-dust solar panels
March 6, 2012 10:10 AM - Rehab Abd Almohsen

Abu Dhabi is teaming up with a global electronics company to develop better coatings for solar panels to make them cheaper and easier to keep clean in desert conditions. The Middle East and North Africa (MENA) region stands to benefit from concentrated solar power (CSP) — a technology that uses lenses or mirrors to focus large amounts of sunlight onto a small area. This light is converted to heat, which generates electricity. In 2009, a joint study by the International Energy Agency's SolarPACES group, the European Solar Thermal Electricity Association and Greenpeace International concluded that CSP could generate up to a quarter of the world's energy needs by 2050. But harsh desert conditions in parts of the MENA region generate large amounts of airborne dust which collects on the solar panels used in CSP systems, reducing their efficiency. They need regular cleaning, which consumes large amounts of water. Bodo Becker, operations manager at Flagsol, which developed Egypt's first solar-thermal plant, Kuraymat, said this is a serious issue at his facility. "If we leave dust to accumulate for just one month, the output of the solar panels decreases by about 35 per cent," he said, adding that the facility uses nearly 40,000 litres of water every day.

Abu Dhabi bets on anti-dust solar panels
March 6, 2012 10:10 AM - Rehab Abd Almohsen

Abu Dhabi is teaming up with a global electronics company to develop better coatings for solar panels to make them cheaper and easier to keep clean in desert conditions. The Middle East and North Africa (MENA) region stands to benefit from concentrated solar power (CSP) — a technology that uses lenses or mirrors to focus large amounts of sunlight onto a small area. This light is converted to heat, which generates electricity. In 2009, a joint study by the International Energy Agency's SolarPACES group, the European Solar Thermal Electricity Association and Greenpeace International concluded that CSP could generate up to a quarter of the world's energy needs by 2050. But harsh desert conditions in parts of the MENA region generate large amounts of airborne dust which collects on the solar panels used in CSP systems, reducing their efficiency. They need regular cleaning, which consumes large amounts of water. Bodo Becker, operations manager at Flagsol, which developed Egypt's first solar-thermal plant, Kuraymat, said this is a serious issue at his facility. "If we leave dust to accumulate for just one month, the output of the solar panels decreases by about 35 per cent," he said, adding that the facility uses nearly 40,000 litres of water every day.

Abu Dhabi bets on anti-dust solar panels
March 6, 2012 10:10 AM - Rehab Abd Almohsen

Abu Dhabi is teaming up with a global electronics company to develop better coatings for solar panels to make them cheaper and easier to keep clean in desert conditions. The Middle East and North Africa (MENA) region stands to benefit from concentrated solar power (CSP) — a technology that uses lenses or mirrors to focus large amounts of sunlight onto a small area. This light is converted to heat, which generates electricity. In 2009, a joint study by the International Energy Agency's SolarPACES group, the European Solar Thermal Electricity Association and Greenpeace International concluded that CSP could generate up to a quarter of the world's energy needs by 2050. But harsh desert conditions in parts of the MENA region generate large amounts of airborne dust which collects on the solar panels used in CSP systems, reducing their efficiency. They need regular cleaning, which consumes large amounts of water. Bodo Becker, operations manager at Flagsol, which developed Egypt's first solar-thermal plant, Kuraymat, said this is a serious issue at his facility. "If we leave dust to accumulate for just one month, the output of the solar panels decreases by about 35 per cent," he said, adding that the facility uses nearly 40,000 litres of water every day.

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