Worldwide investment in renewable energy and energy-smart technologies totalled $70bn in the third quarter of 2015, just 1% below the equivalent figure a year earlier, according to the latest authoritative data from Bloomberg New Energy Finance. The largest projects to be financed in Q3 this year included solar thermal electricity generation, or CSP, plants … Continue reading The Americas stand out in solid Q3 for clean energy investment
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South Africa on way to 30 pct renewable energy by 2025
South Africa has rapidly become a world player in renewable energy and is well on its way to achieving the government’s goal of 30 percent clean energy by 2025, the Department of Energy (DOE) said on Tuesday. In a report, the department cited an independent study by the Council for Scientific and Industrial Research … Continue reading South Africa on way to 30 pct renewable energy by 2025
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U.S. renewable energy surges to historic levels, coal use 21% below 2005
America’s reliance on wind, solar and other renewable sources of energy has reached historic levels and is poised to make even greater gains in the near future, according to new report by the Natural Resources Defense Council. NRDC’s Third Annual Energy Report, “A Tectonic Shift in America’s Energy Landscape,” found that the energy sector in … Continue reading U.S. renewable energy surges to historic levels, coal use 21% below 2005
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New IRENA guide helps countries integrate larger share of renewable energy
A new report from the International Renewable Energy Agency (IRENA) aims to assist countries in their transition to renewable energy-based power systems. The Age of Renewable Power, released today on the sidelines of the Innovation for Cool Earth Forum in Tokyo, identifies 20 measures that can be taken to support the development of national roadmaps … Continue reading New IRENA guide helps countries integrate larger share of renewable energy
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Low-cost wind energy can play key role in California’s renewable energy future
Today, California Jerry Brown signed landmark legislation to get 50 percent of the state’s electricity from zero-carbon renewable sources within 15 years. American wind power applauded the governor and the bill’s author, Senate leader Kevin De Leon, saying wind can help California meet these goals cost-effectively and reliably. Not only will wind help protect … Continue reading Low-cost wind energy can play key role in California’s renewable energy future
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Renewables Will Drive Denmark’s Cumulative Installed Capacity Beyond 16 GW by 2025
Denmark’s cumulative installed capacity is expected to expand from 13.5 Gigawatts (GW) in 2014 to reach 16.1 GW by 2025, rising at a Compound Annual Growth Rate (CAGR) of 1.7%, says research and consulting firm GlobalData. The company’s latest report* states that more than half of the total power generation will come from renewables … Continue reading Renewables Will Drive Denmark’s Cumulative Installed Capacity Beyond 16 GW by 2025
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Enel Green Power will exit the Portuguese renewables market
Enel Green Power S.p.A. (“EGP”) announced today that its subsidiary Enel Green Power España, S.L. (“EGPE”) has signed an agreement with Portuguese company First State Wind Energy Investments S.A. (“First State Wind Energy Investments”), for the sale of the entire share capital of Finerge Gestão de Projectos Energéticos, S.A. (“Finerge”), a wholly-owned EGPE subsidiary active … Continue reading Enel Green Power will exit the Portuguese renewables market
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SkyPower Signs Agreement to Build 200 MW of Solar Power Projects in Djibouti
SkyPower, the world’s largest developer and owner of utility-scale solar photovoltaic (PV) energy projects, has signed a landmark agreement with the Republic of Djibouti for the development of 200 MW of world-class solar projects to be built in four phases in Djibouti over the next four years. “Africa has become a global hub for … Continue reading SkyPower Signs Agreement to Build 200 MW of Solar Power Projects in Djibouti
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The wind energy is the epitome of progress
It’s hard to keep up with technology’s rapid advancements. With each new release, yesterday’s cutting edge computer or device becomes obsolete. You know progress is a great thing, but at the same time you’re afraid of being left behind. As a wind worker, I can relate. The wind industry is the epitome of progress, but … Continue reading The wind energy is the epitome of progress
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Renewables will boost Japan’s installed capacity to 390 gigawatts by 2025
Japan’s cumulative installed capacity will rise from 317.5 Gigawatts (GW) in 2014 to an estimated 389.8 GW by 2025, representing a moderate Compound Annual Growth Rate (CAGR) of 1.9%, according to research and consulting firm GlobalData. The company’s latest report states that while thermal sources will contribute the majority of installed capacity, with an expected … Continue reading Renewables will boost Japan’s installed capacity to 390 gigawatts by 2025
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seebaWIND expects new service contracts for wind farms with 150 megawatts capacity in 2016
The showing of independent service provider seebaWIND Service at HUSUM Wind was a great success. The trade fair, which took place from 15 to 18 September in Husum, brought the company new customers and enquiries about service contracts for Germany and abroad. The bankability of seebaWIND’s full maintenance contracts has been optimised – the … Continue reading seebaWIND expects new service contracts for wind farms with 150 megawatts capacity in 2016
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Wind power a booming business in Texas
The Lone Star State reportedly gets nine percent of its electricity from wind power, with that number expected to go up. “Most of the wind turbines we have now are built along mountain ridges and up around Amarillo,” said Craig Overmiller, a professor at St. Philip’s College. The wind there is caused by afternoon convection, … Continue reading Wind power a booming business in Texas
Continue readingMadhya Pradesh to focus on wind energy, solar power sources
The government of Madhya Pradesh seems no more interested in coal-run power projects. Its focus is on non-conventional power projects using solar and wind energy sources. Five thermal power plants in the state with a combined capacity of 8,500 megawatt (Mw) have been awaiting coal linkage for the past five years. Three of these are … Continue reading Madhya Pradesh to focus on wind energy, solar power sources
Continue readingEnel Green Power acquires Indian renewables energy firm BLP Energy
Enel Green Power (“EGP”) has today announced the acquisition of a majority stake in BLP Energy (“BLP”), the utility scale wind and solar subsidiary of Bharat Light & Power Pvt Ltd (“BLP Group”) for a total consideration of approx. 30 million euros. With this transaction EGP enters the Indian renewables market, marking the Group’s … Continue reading Enel Green Power acquires Indian renewables energy firm BLP Energy
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Enel Green Power Inaugurates Italy’s First Storage Facility for Renewables
Enel Green Power has today inaugurated the first power storage facility for renewable energy plants in Italy in Catania, Sicily. The 1MW/2MWh storage system has been connected to EGP’s 10 MWp Catania 1 photovoltaic plant. The storage system, which is an integral part of Catania 1, will increase flexibility in management of the power … Continue reading Enel Green Power Inaugurates Italy’s First Storage Facility for Renewables
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Greenpeace Report Finds 100 Percent Renewable Energy Possible by 2050
Greenpeace released its 2015 Energy [R]evolution report, which finds that a global phase out of fossil fuels and shift towards 100 percent renewable energy is possible by 2050. The analysis, researched in collaboration with the German Aerospace Centre (DLR), shows that the transition to renewables would create jobs and be cost competitive. The necessary investment … Continue reading Greenpeace Report Finds 100 Percent Renewable Energy Possible by 2050
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Support to fossil fuels remains high and the time is ripe for change
Government support to fossil fuel consumption and production in OECD countries and key emerging economies remains high, at USD 160-200 billion annually, according to a new OECD report. This support is hampering global efforts to curb emissions and combat climate change. The OECD Inventory of Support Measures for Fossil Fuels 2015 takes stock … Continue reading Support to fossil fuels remains high and the time is ripe for change
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Wind power in Israel: Major wind farm being built, first in 30 years
For the first time in decades, Israeli is building wind turbines which will create electricity by harnessing the power of the wind. Afcon Holdings, a part of the Shlomo Group, has started construction in recent days on two wind farms, which will house 25 wind turbines each in Ramat Sirin and Ma’ale Gilboa in northern … Continue reading Wind power in Israel: Major wind farm being built, first in 30 years
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Expanding investments in wind energy and solar power can free up Egypt’s carbon energy
Expanding investments in wind energy and solar power can free up Egypt’s carbon energy, reduce fiscal spending and create job, said a report released by consultancy PWC here on Sunday. For the biggest Arab country with a population of 86.9 million, its oil and gas reserves are a two-edged sword and developing renewable energy will … Continue reading Expanding investments in wind energy and solar power can free up Egypt’s carbon energy
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Half Of California’s Electricity Will Come From Renewable Energy In 15 Years
Late Friday night, the California State Assembly voted 51-26 to pass SB 350, a landmark bill that would boost renewable energy and make buildings twice as efficient as before. The legislature sent the bill to California Gov. Jerry Brown for his signature, and he is expected to sign it later this month, as the legislation … Continue reading Half Of California’s Electricity Will Come From Renewable Energy In 15 Years
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