Siemens has decided to separate its renewables business into two separate divisions, one dealing with wind energy and the other with solar and hydropower sectors – Siemens Wind Power and Siemens Solar & Hydro. The company explains the move is a consequence of the markets being at different levels of development. Solar & Hydro will move towards research and development in solar power, creating an opportunity for Siemens to further increase its competitiveness in the global solar energy market. Wind Power will concentrate on the wind energy market, where Siemens' presence is very strong, in order for the company to continue to grow further on the previously achieved success in this sector.
The Democratic Republic of Congo (DRC; Africa) has signed a USD 280 million deal with India for the construction of a hydropower plant in the south of the country. Katende I will be located in Kasai Occidental, a province in the DRC.
The Carbon Trust published an analysis which shows marine energy could be cost competitive with nuclear power and onshore wind by 2025, with "accelerated and targeted innovation". UK's best sites for harnessing marine energy could achieve this level of commercial competitiveness once the first gigawatt of marine energy installations in operation contribute to the reduction of marine energy derived electricity on the power market. According to the Carbon Trust, about 20% of UK's future power needs could be met from marine energy facilities.
