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XCMG says agreed with Tsingshan Group to invest in $843 mln new energy project

The project will focus on research, development, production and sales of NEVs, batteries, electric motor control systems and other auto parts New Delhi: Xuzhou Construction Machinery Group Co Ltd (XCMG) said it has agreed with Tsingshan Holding Group Co Ltd to invest in a 5.5 billion yuan ($843 million) new energy vehicle (NEV) project in […]

Japan’s Ichigo starts up 7.39-MW wind farm

Wind energy powers more than half of UK electricity for first time

The percentage of wind power in the country’s energy mix hit a record 50.67 percent on Saturday, the company said over the weekend, beating the previous record of 50 percent in August. London: Wind power accounted for more than half of Britain’s daily generated electricity on Saturday in the wake of Storm Bella, according to […]

Biden Injects Hope In Renewable Energy Supporters

China’s CO2 emissions will be higher in 2020 than in 2019, says IEA’s Birol

“As of today, Chinese emissions this year, 2020, will be higher than in 2019, they rebounded,” Fatih Birol told a digital energy conference OSLO: China’s greenhouse gas emissions will increase in 2020 compared to 2019 as they have rebounded after the COVID-19 outbreak, the head of the International Energy Agency said on Wednesday. “As of […]

Japan’s Ichigo starts up 7.39-MW wind farm

PG&E Poised to Expand Battery Energy Storage Capacity by More Than 420 MW

  Projects intended to further integrate clean energy from renewable generation sources while ensuring future reliability of the electric system. Pacific Gas and Electric Co. (PG&E) has requested approval of five energy storage projects totaling 423 MW, in a filing with the California Public Utilities Commission (CPUC). The projects are intended to further integrate clean […]

Salt-based energy storage trial taps “first-class” Australian technology

RE associations sent letter to EC urging action to solve permitting bottlenecks

EU renewables industry to European Commission: getting permitting right is key to unlocking new investments Today, renewable energy associations – WindEurope, Bioenergy Europe, EGEC, EREF, ESTELA, Ocean Energy Europe, ESTIF and SolarPower Europe – sent a letter to the European Commission urging concrete action to solve permitting bottlenecks for renewables. The letter delivers a clear message from […]

Poland sees energy transformation costing $120 billion by 2045

Northwester 2 wind farm is now fully operational, producing 9.5 MW from 23 wind turbines

Just under ten months from the start of the offshore works, the 219 MW Northwester 2 wind farm is now supplying the Belgian grid with green energy from all of its 23 fully operational wind turbines, producing 9.5 MW each. This wind farm is the first to use the deploy MHI Vestas’ highest rated V164-9.5 […]

Poland sees energy transformation costing $120 billion by 2045

CIT Group Provides $217 Mn Financing for 200 MW Solar Project in Ohio

Innergex Renewable Energy has closed construction financing, a tax equity commitment, and secured a seven-year term loan facility for the 200-MW Hillcrest solar project in Brown County, Ohio. The $191.8 million financing was led by CIT’s Power and Energy group and includes MUFG and Mizuho, as well as Wells Fargo as the tax equity investor. […]

CERAWEEK-U.S. climate czar urges oil industry to hasten transition to renewables

Uber leads $170 million investment into Lime electric scooters

  Uber Technologies Inc. is leading an investment round of $170 million in scooter-rental company Lime, a lifeline for a startup reeling from plunging customer numbers and company-wide layoffs. Alphabet Inc., GV and Bain Capital Ventures, along with other new and existing stakeholders, also participated, Lime said in a statement Thursday. As part of the […]

Volkswagen core brand to accelerate electric vehicle shift

Neoen and CleanCo sign landmark PPA for Australia’s largest solar farm, at 352 MWp

• Neoen and CleanCo have signed a 352 MWp power purchase agreement, one of Australia’s most substantial renewable energy agreements to date • The Western Downs Green Power Hub will generate 1080 GWh of affordable clean energy each year, complementing CleanCo Queensland’s hydro generation • Between 460 and 480 MWp in total size, Western Downs […]

Japan’s Ichigo starts up 7.39-MW wind farm