Even COVID-19 didn’t lock down the ingenuity of energy entrepreneurs this year. It’s been a remarkably business-as-usual year for renewables, despite the societal upheaval wrought by the coronavirus pandemic. Most of our headlines this year have still been about conventional renewable segments such as solar and energy storage. On the margins, virtual power plants have […]
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 […]
South Africa Renewables Developers Impatient for New Bidding Opportunities in 2021
A stop-gap procurement ending this month raises hopes for a new bid window soon. South African independent power producers (IPPs) are hoping for the return of a national procurement program next year following a stop-gap auction ending this month. Offers to cover 2 gigawatts of “risk-mitigation” IPP capacity were due by Dec. 22, after an […]
Hannon Armstrong and Clearway Link $950M Solar, Wind and Storage Investment
Nearly 2 gigawatts of existing and new projects from Hawaii and California to Texas and West Virginia. Hannon Armstrong and Clearway Energy Inc. are jointly investing about $950 million in a nearly 2-gigawatt portfolio of existing and new wind, solar and energy storage projects, capping off a year of record-setting U.S. renewables growth with an […]
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 […]
Uniper eyes 4 GW of renewables capacity beyond 2025 – CEO
This includes the group’s business in Russia, where the company so far only operates fossil-fuel based power stations. FRANKFURT: German utility Uniper is planning to develop 4 gigawatts of solar and wind power projects beyond 2025, Chief Executive Andreas Schierenbeck said on Thursday. This includes the group’s business in Russia, where the company so far […]
Wind Power Coming To The Fore In West India
In a nation known for is large scale solar investments over recent years, India is often seen as having ignored wind power installations. Nothing could be further from the truth – especially so in the western Indian state of Gujarat. As the home state of Narendra Modi, India’s Prime Minister, and the state in which […]
Solar and wind power costs in India will be comparable to coal in 2025: Moody’s
The shift would occur if the Levelized Cost of Electricity (LCoE) from solar and wind projects declines annually by a high single digit to mid-teen percentage between the first half of 2020 and 2025-30. New Delhi: Power generation from solar and wind projects will likely be cost-competitive relative to coal-based power in India in 2025-2030 […]
Egypt to establish new wind power complex with 2000 MW
Minister of Electricity and Renewable Energy Mohamed Shaker announced that work is now underway to construct a new wind power complex with a capacity of 2,000 megawatts in the Red Sea governorate – of which 500 megawatts will be generated by the German company Siemens. In a Sunday statement Shaker added that this step would […]
In the matter of: PSA for Sale of 50 MW Wind Power on Long Term basis
In the matter of: Power Sale Agreement (PSA) for Sale of 50 MW Wind Power on Long Term basis. For more information please see below link:
