A report by the International Energy Agency says energy insecurity amid war in Ukraine is spurring a renewable power surge. Experts predict the sector will soon surpass coal as the world’s largest electricity source. The global capacity for producing renewable energy will soar by some 75% in the next five years, the International Energy Agency … Continue reading IEA predicts renewable energy to overtake coal by 2025
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Scaling solar in Brazil
Equinor has made final investment decision on the 531 MW Mendubim solar project in Brazil. The project underpins Equinor’s ambitions to accelerate growth in renewables and develop as a market-driven power producer in selected markets. Mendubim is developed as a joint venture between Scatec, Hydro Rein and Equinor, and is located in the state of … Continue reading Scaling solar in Brazil
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EDP Renewables and Cleveland-Cliffs Sign PPA for Headwaters wind farm in Indiana
This contract will enable the continued development and planned construction and operations of the 200 MW Headwaters III Wind Farm and strengthens EDP Renewables’ position as the leading wind energy operator in Indiana. EDP Renewables SA (EDPR), through its fully owned subsidiary EDP Renewables North America LLC (EDPR NA), and Cleveland-Cliffs Inc. (NYSE: CLF), the … Continue reading EDP Renewables and Cleveland-Cliffs Sign PPA for Headwaters wind farm in Indiana
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Europe’s chemical and wind industries call for electricity markets to support investments in renewables
n an open letter sent to the European Commission, WindEurope and Cefic identify key priorities for the upcoming Electricity Market Reform. Marco Mensink, Director General of Cefic, stated: “Electrically heated steam cracker, electrolysers, heat pumps: many of the technologies that we need to create a carbon-neutral chemical industry depend on the access to abundant and … Continue reading Europe’s chemical and wind industries call for electricity markets to support investments in renewables
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Industry and government must mobilize a clear roadmap to achieve UK climate targets by 2050
Energy leaders met today to discuss corrective action to achieve climate targets, as DNV, the independent energy expert and assurance provider, launched its UK Energy Transition Outlook (ETO), revealing that the country is not on track to meet mid-century decarbonization targets and that the industry and government must mobilize a clear roadmap to attain ‘net … Continue reading Industry and government must mobilize a clear roadmap to achieve UK climate targets by 2050
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First US Floating Offshore Wind Auction
The US will hold the nation’s first lease auction for commercial-scale floating wind power today. The five deepwater lease tranches in two areas about 25 miles off the California coast have the potential to generate 4.5 GW of electricity, enough to power 1.5 million homes. Global interest in lease sales is strong with 43 companies … Continue reading First US Floating Offshore Wind Auction
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Accelerating sustainable electrification and renewables to ensure growth and energy independence
Our strategic plan for 2023-2025 focuses on sustainable electrification and a strategic repositioning of the Group in six “core” countries. In three years’ time, 75% of the energy generated by Enel will be renewable. Accelerating the transition to renewable sources, in order to protect the climate and reduce the dependence of individual countries on imported … Continue reading Accelerating sustainable electrification and renewables to ensure growth and energy independence
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Iberdrola doubles its investment in R+D+i, to reach 4,000 million euros in 2030
Iberdrola, the private utility that invests the most in R&D worldwide, has invested more than €2 billion in the last ten years. Iberdrola takes another step forward in its commitment to innovation. The company aims to exceed €4 billion of investment in Innovation, Development and Research (R&D&I) activities by 2030. Thus, it will double its … Continue reading Iberdrola doubles its investment in R+D+i, to reach 4,000 million euros in 2030
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IRENA Members Address the Geopolitical Challenges of Energy Transformation
“It is abundantly clear we need to understand the geopolitical implications of the energy transition, so that we can proactively shape its outcomes,” remarked IRENA Director-General Francesco La Camera at the opening of the sixth meeting of the Collaborative Framework on the Geopolitics of Energy Transformation. The virtual meeting was attended by nearly 40 participants … Continue reading IRENA Members Address the Geopolitical Challenges of Energy Transformation
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Rivian Inks Wind Energy PPA with Apex Clean Energy to Power Illinois Manufacturing
Rivian and Apex Clean Energy today announced the signing of a power purchase agreement (PPA) for 50 megawatts (MW) of electricity from the renewable energy company’s proposed Goose Creek Wind farm in Piatt County, Illinois. As Rivian’s first large-scale procurement, the agreement supports the company’s long-term vision of enabling high-impact renewable energy projects that reduce … Continue reading Rivian Inks Wind Energy PPA with Apex Clean Energy to Power Illinois Manufacturing
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Bankable Power Purchase Agreements are an Important Element of Renewables Investments in Caribbean SIDS
Despite economic challenges caused by the pandemic, Small Island Developing States (SIDS) renewable energy capacity keeps growing towards the SIDS Lighthouses target of 10 GW of total installed renewables capacity by 2030. According to the International Renewable Energy Agency (IRENA)’s data, the SIDS currently account for almost 7 GW of installed renewables capacity. The growth reflects … Continue reading Bankable Power Purchase Agreements are an Important Element of Renewables Investments in Caribbean SIDS
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Vietnam boasts substantial potential for wind power, particularly offshore wind
Vi?t Nam boasts substantial potential for wind power, particularly offshore wind power, providing an opportunity for the country to fulfil its energy transition target towards green growth. That was the message heard at a conference held by the Global Wind Energy Council (GWEC) which was wrapped up in Hà N?i on Friday. Vi?t Nam Wind … Continue reading Vietnam boasts substantial potential for wind power, particularly offshore wind
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RWE and Hyphen explore offtake of green ammonia from Namibia
RWE and Hyphen Hydrogen Energy (Hyphen) have signed a memorandum of understanding that could see RWE offtake up to 300,000 tons of green ammonia* per year from Namibia. Hyphen was appointed preferred bidder by the Namibian government to develop the first green hydrogen project in Namibia for export. By 2027 the project aims to annually … Continue reading RWE and Hyphen explore offtake of green ammonia from Namibia
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There’s room for agrivoltaics
Recent studies highlight the benefits of integrating agriculture and photovoltaic systems. Their conclusion? There is no risk of excessive land consumption. Agrivoltaics is an innovative approach that allows solar energy eneration and farming practices to coexist and interact in a mutually beneficial way that also creates greater value for the area and local communities. In practical terms, it’s … Continue reading There’s room for agrivoltaics
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Statkraft and Fastweb sign 12-year solar PPA in Italy
Statkraft and Fastweb, one of the leading telecommunications operators in Italy, have signed an exclusive Power Purchase Agreement (PPA) for the supply of electricity produced by renewable sources. The 12-year agreement covers the output of a photovoltaic plant to be constructed in the region of Lazio, Province of Latina, which will cover 13 per cent … Continue reading Statkraft and Fastweb sign 12-year solar PPA in Italy
Continue readingVietnam Wind Power 2022
Vietnam has some of the best wind resources globally. The Power Development Plan 8 (PDP 8), currently in draft form, has targets of 7 GW of offshore wind and 21 GW of onshore wind by 2030. The wind industry is ready and able to deliver on these targets and help Vietnam increase its energy security, … Continue reading Vietnam Wind Power 2022
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IWES and Nordex intensify collaboration in grid integration of wind turbine generators
The increase in electricity generated from renewable energy has a major impact on the electrical grid. Wind turbine generators feed the electricity into the grid via power-electronic converters. Therefore, the validation of the system characteristics and the grid-supporting performance of wind turbines are becoming increasingly important for grid stability. The so-called fault-ride-through capacity of a … Continue reading IWES and Nordex intensify collaboration in grid integration of wind turbine generators
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Solar photovoltaic and concentrated solar power and wind energy production in November
MIBEL eludes the price rises registered in the European markets in November. In November, prices of most European markets were higher than those of October, except for MIBEL, which registered the lowest price since August 2021, including the adjustment price due to the gas cap. In most markets, the increase in wind energy production failed … Continue reading Solar photovoltaic and concentrated solar power and wind energy production in November
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RWE expands its Irish offshore wind energy business with East Celtic acquisition
RWE expands its Irish offshore wind energy business with East Celtic acquisitionNewly acquired Western Power Offshore Developments Ltd adds to RWE renewable development portfolio in Ireland. Acquisition of indicative 900MW development project strengthens RWE’s offshore wind growth in Ireland. East Celtic project consultation expected during 2023. RWE, one of the world’s leading offshore wind companies, … Continue reading RWE expands its Irish offshore wind energy business with East Celtic acquisition
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ACP Statement on Auxin Solar Circumvention Case
The American Clean Power Association (ACP) expressed disappointment following a decision today that could lead to new duties and lack of certainty for the U.S. solar industry. After the Commerce Department decided that the Auxin circumvention case related to solar panels and cells assembled by allied trading partners from Southeast Asia will proceed, with a … Continue reading ACP Statement on Auxin Solar Circumvention Case
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