Power generation from renewable sources such as wind turbines, solar cells and biomass plays a small but important part in satisfying total electricity demand around the world, and is growing at an exponential rate thanks to generous public subsidies and government support.

China is considering investing a more than 3 trillion yuan (US$440 billion) in the renewable energy sector by 2020, an official with the National Energy Administration said on Tuesday.

Energy experts believe Sri Lanka should now tap all possible renewable energy sources to cut down on the use of fossil fuels which comes to the country at a high price.

"Our economy will fall behind if we continue spending on foreign oil and coal every year," said Executive Director Energy Forum Ashoka Abeygunawardane at a recent workshop in Colombo.

Every household in Britain should by 2020 be able to cut its energy bills and carbon footprint using "smart meters" and handheld devices to control energy use closely, the government said on Monday.

The European Bank for Reconstruction and Development (EBRD) has launched its first project in Turkey, providing a 45 million euro (US$29 million) loan to build the country's largest wind farm, the bank said on Monday.

BANGLADESH should harness potentials for wind power generation as the world is advancing at a rapid pace in the field. Global wind capacity has reportedly increased by over 27,000 megawatts, with installations up by almost 29 percent in 2008.

An impasse over coal-fired power plants in Kansas has ended, with the new governor, Mark Parkinson, agreeing to allow construction of a large coal plant in the western part of the state. A Kansas utility, Sunflower Electric, had hoped to build two large coal plants.

Wave energy could catch up with commercially more advanced offshore wind power within five years, the head of pioneers Aquamarine Power Ltd told Reuters.

"What it took 25 years to do in the wind industry, we want to do in five years," Chief Executive Officer Martin McAdam said in an interview.

China is set to smash its target for a roll-out of solar power by 2020 more than fivefold and possibly even tenfold, a researcher with the National Development and Reform Commission, the economic planning ministry, said on Tuesday.

Under the NDRC's renewable energy plan set out in 2007, China would have 1,800 megawatts of installed solar capacity by 2020.

Private U.S. company Tang Energy Group said on Friday a Chinese company has agreed to provide $300 million in financing for its wind power projects.

Pages