Renewable Energy

Apple Amps Up Clean Energy Effort With Investment in Huge Onshore Wind Turbines

September 4, 2020 Anand Gupta

At more than 650 feet tall, these onshore wind turbines, located on the coast of Denmark, will power Apple’s data center in Viborg. Any excess energy will go to the Danish grid. As part of its plan to become carbon neutral by 2030, Apple today announced an investment in two wind turbines on the coast […]

Renewable Energy

Iberdrola raises bid for Infigen as takeover race heats up

June 29, 2020 Anand Gupta

Iberdrola raised its offer price to A$0.89 per share, marginally above Infigen’s Friday close of A$0.885, valuing the wind and solar firm at A$856.3 million ($587.6 million) Spain’s: Iberdrola raised its bid for Infigen Energy by three cents a share on Monday, upping the ante in its race against Philippine conglomerate Ayala Corp to buy […]

Renewable Energy

Siemens Gamesa CEO Out After Struggles at Onshore Wind Division

June 19, 2020 Anand Gupta

Andreas Nauen (pictured) will replace CEO Markus Tacke just months before the wind turbine maker is to be folded into a new spinoff, Siemens Energy. Siemens Gamesa CEO Markus Tacke’s contract was terminated by mutual consent Wednesday night, amid mounting challenges for the company’s onshore wind business. Siemens Gamesa — formed several years ago by […]

Renewable Energy

Renewables contributed 41 per cent to global growth in energy demand last year: BP

June 18, 2020 Anand Gupta

Share of renewables in electricity generation stood at 10.4 per cent, higher than nuclear for the first time New Delhi: Renewable energy accounted for over 40 per cent of the global growth in primary energy in 2019, larger than any other fuel, according to a recent report by BP. It added that as a result, […]

Renewable Energy

Investments in Renewable Energy can support Post COVID-19 (Coronavirus) Economic Recovery in the Maldives

June 17, 2020 Anand Gupta

New Delhi: Seizing green energy opportunities through increased investments in renewables can contribute to post COVID-19 economic recovery and create more jobs in the Maldives, says the latest World Bank Maldives Development Update: In Stormy Seas released today. The Update, which takes an indepth look at the country’s economy and future outlook, highlights the high […]

Renewable Energy

NMC cancels waste to energy, bio-CNG projects

June 16, 2020 Anand Gupta

The civic body has terminated the contact with Nagpur Solid Waste Processing and Management Private Ltd (NSWPMPL), a joint venture of Noida’s Essel Infraprojects Limited, and Japan’s Hitachi Zosan India Private Ltd for waste to energy project Nagpur: The Nagpur Municipal Corporation (NMC) has cancelled the proposed waste to energy and waste to bio-CNG projects. […]

Renewable Energy

Immediate switch to renewable energy required across sectors, says report

June 16, 2020 Anand Gupta

According to the report by Paris-based think-tank REN21, though growth in renewable power has been impressive over the past five years, too little is happening in heating, cooling and transport New Delhi: The journey towards climate disaster would continue, unless an immediate switch to efficient and renewable energy is made across sectors in the wake […]

Renewable Energy

Macquarie teams up with renewable investor for ScotWind leasing round

June 12, 2020 Anand Gupta

LONDON (Reuters) – Macquarie’s (MQG.AX) Green Investment Group, a green infrastructure investor, has teamed up with a Scottish offshore wind developer to compete for offshore wind projects in Scotland, it said in a statement late on Thursday. Earlier this week, Crown Estate Scotland launched ScotWind, the first round of leasing in a decade for offshore […]

Renewable Energy

1,400 GW of offshore wind is possible by 2050, will be key for green recovery

June 9, 2020 Anand Gupta

This ambition goes beyond current offshore wind forecasts, but is entirely achievable MANGALURU: On World Ocean Day, the Ocean Renewable Energy Action Coalition (OREAC) has announced its vision for 1,400 GW of offshore wind globally by 2050 to drive decarbonisation and a green economic recovery from the COVID-19 crisis. This ambition goes beyond current offshore […]

Renewable Energy

BP to cut 15% job as part of shift to renewable energy

June 9, 2020 Anand Gupta

BP will cut about 15 percent of its workforce in response to the coronavirus crisis and as part of CEO Bernard Looney’s plan to shift the oil and gas major to renewable energy. Bernard Looney told employees in a global online call that the London-based company will cut 10,000 jobs from the current 70,100. “We […]

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