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Taiwan’s FIT Scheme for 2021 Shows Rate Drops for Solar PV and Offshore Wind

Taiwan’s Ministry of Economic Affairs (MOEA) released this year’s feed-in tariff (FIT) scheme for renewables on January 7. The new scheme shows that both the rates for solar PV and offshore wind have been lowered, with the latter dropping by as much as 8.6%. Although the MOEA has reduced the rate for solar PV, it […]

China’s 2020 power consumption grows 3.1 per cent despite COVID-19 disruption

2020: Europe’s Energy Transition in 5 Trends

From a solar resurgence to hydrogen breakthroughs, Europe’s energy transition had a landmark year, just not the one it might have expected. With 2030 climate targets up for renewal, a new set of European commissioners in place, and the post-Brexit relationship to negotiate, this year was always going to be a big one for Europe’s […]

Siemens Gamesa, Siemens Energy tap hydrogen boom in wind alliance

Spain Tenders 3 Gigawatts of Renewables Under New Pay-as-Bid Model

Solar and onshore wind get 1 gigawatt each while floating offshore wind seeks foothold. Spain has launched a tender for up to 3.18 gigawatts of renewable generation in its first auction under a pay-as-bid model introduced earlier this year. The model, similar to the contracts-for-difference program used in the U.K., aims to correct problems with […]

Siemens Gamesa, Siemens Energy tap hydrogen boom in wind alliance

Con Edison Contracts Its Biggest Battery to Date in New York City

A 400-megawatt-hour battery from 174 Global Power will balance NYC’s energy needs with increasing offshore wind power capacity. New York utility Con Edison has signed its biggest energy storage contract to date, a 100-megawatt/400-megawatt-hour lithium-ion battery project that will help balance a grid facing rising levels of offshore wind and other renewable power in the […]

The Miraculous Material Transforming Energy Storage

European Commission Proposes 300 GW Offshore Wind Target For 2050

The offshore wind strategy will back supply chains, innovation and cross-border planning for an unprecedented build-out. The European Commission proposed a 60-gigawatt offshore wind target for 2030 on Thursday, a highly ambitious goal that would require an additional 48 GW of installed capacity in just under a decade. A longer-term target of 300 GW by […]

Siemens Gamesa, Siemens Energy tap hydrogen boom in wind alliance

BP Signals Imminent Hydrogen and Offshore Wind Plays

Potential investments in offshore wind and hydrogen are on the near-term horizon, says CEO Bernard Looney. BP is readying offshore wind bids during the next six months with heightened hydrogen activity also in the pipeline, the oil major’s CEO, Bernard Looney, said Tuesday. During the company’s Q3 results call, Bernard Looney said BP would “probably” […]

Jinchen signed a large order with WAAREE for 3GW high-efficiency photovoltaic module production line

Mitsubishi Eyes Great Lakes for Offshore Wind Development

The case for wind turbines in the Great Lakes is getting stronger, according to Diamond Offshore Wind, a developer owned by Mitsubishi. Illinois and New York have both shown recent interest in Great Lakes offshore wind. Japan’s Mitsubishi Corp. continues to explore the possibility of building an offshore wind project in Lake Erie to deliver […]

Jinchen signed a large order with WAAREE for 3GW high-efficiency photovoltaic module production line

Already the World’s Leading Market, UK Doubles Support for Offshore Wind

U.K. expands renewable auctions, releases funds for the offshore wind supply chain and sets a new floating wind target. U.K. Prime Minister Boris Johnson has offered a huge boost to the country’s offshore wind sector as it looks to double-down on its status as the world’s leading market. The nation’s next round of contracts for […]

7 Ways the Biden Administration Can Reverse Climate Rollbacks