Renewable Energy

This company alone accounts for over a half of wind and solar investments by global oil majors

June 8, 2020 Anand Gupta

Equinor, the Norwegian state-controlled energy giant, will spend around $6.5 billion over the next three years to build offshore wind projects New Delhi: By 2025, the world’s largest oil and gas companies would have spent over $18 billion in renewable energy projects, including those that generate wind and solar power. There is nothing surprising about […]

Renewable Energy

COVID-19: Global solar capacity addition set to plummet by 20 per cent in 2020

June 5, 2020 Anand Gupta

Apart from the pandemic crisis, there were many other short to mid-term implications for the sector, the clean energy consultancy said New Delhi: The COVID-19 pandemic has caused several operational and financial setbacks bringing down solar capacity addition estimates by 20 per cent to about 105 GW for 2020 from the previous forecast of 130-135 […]

Renewable Energy

WoodMac: Wind, Solar and Storage to Dominate Europe’s Power Grid by 2030

June 4, 2020 Anand Gupta

Batteries will beat natural gas peakers on cost across Europe by the end of the decade, according to new research from Wood Mackenzie. Europe’s power system will look very different in 2030, with energy storage supporting the “dominance” of wind and solar generation, according to new research from Wood Mackenzie. The big five European markets […]

Renewable Energy

Announced today: DESRI acquired a 100 MW AC Hunter Solar project from Community Energy

June 3, 2020 Anand Gupta

D. E. Shaw Renewable Investments Acquires Utah Solar Project from Community Energy and Closes on Financing PPA with PacifiCorp on Behalf of Facebook BOULDER, Colo.: D. E. Shaw Renewable Investments (DESRI) today announced it has acquired the Hunter Solar project in Emery County, Utah from Community Energy. DESRI also closed on financing and a tax […]

Renewable Energy

Iberdrola to invest up to 4 billion euros in French renewable energy

June 3, 2020 Anand Gupta

LONDON: Spanish utility Iberdrola (IBE.MC) said on Wednesday it will invest up to 4 billion euros ($4.5 billion) over the next four years in France to develop renewable energy. Iberdrola said it is already investing 2.4 billion euros in the Saint-Brieuc offshore wind farm in France and plans to invest in new onshore wind, solar […]

Renewable Energy

EZ Blockchain launches a new business line EZ Energy, devoted to stranded, trapped and renewable energy

June 3, 2020 Anand Gupta

The new entity will participate in various energy projects, including gas flaring reduction, landfill gas reduction, and turning biogas into usable power. CHICAGO: EZ Blockchain – Chicago-based blockchain technology service company has reorganized its business into two companies with two distinct but equally innovative purposes. As a result of a spin-off, a new power generation […]

Renewable Energy

EDF-Led Group Nods $2.2 Billion French Offshore Wind Project

June 2, 2020 Anand Gupta

Electricite de France SA and its Canadian and German partners have finalized the funding of a 2-billion euro ($2.23 billion) offshore wind project, allowing construction to start in the English Channel. EDF, Enbridge Inc. and Wpd AG plan to commission the 500-megawatt wind farm in 2023, the companies said in a statement Tuesday. The facility […]

Renewable Energy

Siemens Gamesa confirms order for 496 MW Bay of Saint Brieuc offshore wind power plant

June 1, 2020 Anand Gupta

Siemens Gamesa has received the firm order from Ailes Marines, an affiliate of Iberdrola, to supply and build the 496 MW Bay of Saint Brieuc offshore wind power plant. 62 SG 8.0-167 DD offshore wind turbines to be used; firm order also includes 10-year maintenance agreement. Nacelles and blades will be manufactured in France at […]

Renewable Energy

Excelsior Energy Capital and Unico Solar Investors Form Long-Term Partnership to Build, Own and Operate 250 MW of Commercial and Industrial Sector Solar Projects

May 29, 2020 Anand Gupta

EXCELSIOR, Minn.: Excelsior Energy Capital (“Excelsior”), a leading independent North American renewable energy investor, and Unico Solar Investors (“Unico Solar”), a solar energy systems developer and investor, announced today the closing of a long-term programmatic joint-venture partnership to build, own and operate a 250 MW pipeline of commercial and industrial (“C&I”) solar projects located across North America. Unico […]

Renewable Energy

Siemens Gamesa launches 14 MW offshore Direct Drive turbine with 222-meter rotor

May 28, 2020 Anand Gupta

SG 14-222 DD offshore wind turbine released with nameplate capacity of 14 MW; can reach 15 MW with Power Boost 222-meter rotor diameter uses massive 108-meter long B108 blades Lifetime avoidance of approx. 1.4 million tons of CO2 emissions per machine compared to coal-fired power generation +25% Annual Energy Production increase vs. predecessor machine Light 500-ton […]

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