Global wind and solar technologies continued to achieve massive declines in cost last year, but observers warn the full impacts of the current supply chain and commodity crunch have yet to be fully felt across energy markets. In a new report, the International Renewable Energy Agency (IRENA) estimates that wind and solar technologies achieved double-digit […]
Wind and solar beat nuclear and coal in the US for the first time in April – EQ Mag Pro
April was a milestone month for utility-scale wind and solar generation in the U.S. For the first time, the two renewable resources generated more electricity than coal or nuclear power. According to data from the Energy Information Administration, utility-scale wind and solar produced 57.73 million megawatt-hours (MWh) during the month, while coal and nuclear both […]
Brazil: Projects and undertakings must have a total installed capacity of at least 50 MW – EQ Mag Pro
Cemig Geração e Transmissão SA : CEMIG GT , a public electric energy concessionaire, makes public its intention to purchase projects/enterprises from wind and solar sources, associated with the purchase of incentivized electric energy, through the PUBLIC CALL NOTICE CEMIG GT – 01/2022 – WIND AND SOLAR PROJECTS AND ENTERPRISES WITH ASSOCIATED ENERGY PURCHASE. GOAL: […]
China Researcher Sees Wind and Solar Easily Beating Xi’s Goal – EQ Mag Pro
A researcher for China’s top economic planning body expects the country’s wind and solar additions to easily outpace Xi Jinping’s clean energy goals. China will likely add about 1,200 gigawatts of wind and solar over the decade from 2021 to 2030, Shi Jingli, a researcher at National Development and Reform Commission’s Energy Research Institute, said […]
Electricity Market reforms for procurement of ancillary services can deliver economic benefits: Joint study between Wartsila and KPMG – EQ Mag Pro
Mumbai (Maharashtra) [India] : The technology group Wartsila and KPMG, a leading consultancy firm, recently unveiled a joint study on the current status of the ancillary services market in India along with recommendations. The study demonstrates that supply-side flexibility is needed at the pan India level for an efficient and cost-effective integration of 450 GW […]
Macquarie CEO Sees Focus on Offshore Wind’s Untapped Markets – EQ Mag Pro
One of the world’s biggest investors in renewable energy is focusing on opportunities to expand offshore wind into new markets as clean power costs decline. “Wind and solar now are at a point where the costs have come down to now being the default choice of rational actors,” Macquarie Group Ltd. Chief Executive Officer Shemara […]
South Africa selects 25 bidders for renewable energy projects – EQ Mag Pro
Bid round part of plan to add generation capacity, cut outages South Africa has had a record number of power cuts this year South Africa picked 25 wind- and solar-power projects to be built by private developers, part of a plan to reduce the nation’s reliance on coal for electricity and end rolling blackouts that […]
Why the gas price hike can trigger a clean energy revolution – EQ Mag Pro
Focusing on making energy-leaky homes more efficient should be a political priority. Imported oil accounted for 90 per cent of Denmark’s energy supply in 1973. By 2020, over 50 per cent of the country’s electricity was powered by wind and solar. In more recent years, the move to green energy was a response to the […]
Liebreich: ‘Blue hydrogen will be needed because green H2 alone will not be able to meet demand’ – EQ Mag Pro
Just replacing the current supply of grey hydrogen would require all the wind and solar capacity installed globally today, says influential analyst. Blue hydrogen will be needed in the coming years, despite its greenhouse gas emissions, because it will simply not be possible to meet H2 demand purely with green hydrogen, according to influential independent […]
Eskom Considers $7.2 Billion in Wind and Solar Investment by 2030 – EQ Mag Pro
Eskom Holdings SOC Ltd., which supplies almost all South Africa’s electricity from coal-fired power plants, is considering spending 106 billion rand ($7.2 billion) on wind and solar energy by 2030. The investment plan, which Eskom could carry out by itself or in partnerships, is the most detailed demonstration yet of the utility’s ambition to move […]
