President-elect Donald Trump has expressed strong opposition to offshore wind [1], promising to halt these projects “on Day 1” of his term. This stance threatens the timelines set by eight states—Connecticut, Maine, Maryland, Massachusetts, New York, North Carolina, Rhode Island, and Virginia—that have passed mandates to achieve specific offshore wind power targets. Massachusetts state Sen. […]
Vestas announced [1] a significant order from SSE Generation Limited for the Strathy South wind energy project in Scotland. The order includes the supply, delivery, installation, and commissioning of 35 V162-6.2 MW wind turbines, marking the first deployment of this turbine model in the UK. James Robinson, Vestas UK Country Manager and Sales Director for […]
Solarstrom Grebs GbR, a German private investment company, has announced an ambitious plan to transform unused land [1] into a state-of-the-art solar installation in Brandenburg. This project aims to install a 922 kW community solar farm on 0.7 hectares of previously unused land, providing clean and affordable energy to approximately 250 households in the local […]
Fervo Energy, a leader in next-generation geothermal development, has announced securing an additional $255 million in funding and capital availability [1]. This funding will support the construction of the world’s largest enhanced geothermal systems (EGS) power development. The funding includes $135 million in corporate equity led by Capricorn’s Technology Impact Fund II, along with new […]
Nexamp, a leading developer of community solar projects, has partnered once again with Walmart to develop 31 new community solar projects [1] across five states in the United States: Maine, Massachusetts, New York, Illinois, and Minnesota. This partnership aims to generate over 120 megawatts (MW) of renewable energy, providing substantial benefits to local communities. The […]
Researchers at the Centre for Material Forming at PLS University in Sophia Antipolis in France, have proposed a unique numerical decision-making framework to protect solar panels from extreme weather conditions. This innovative method combines advanced wind simulations with artificial intelligence and machine learning to optimize individual solar panel angles under strong winds. Unlike previous methods, this […]
The U.S. Environmental Protection Agency (EPA) has published final updates to its Recommendations of Specifications[1], Standards, and Ecolabels for Federal Purchasing. These updates aim to assist federal government purchasers and other buyers in selecting more sustainable products, climate-friendly, and contain safer chemical ingredients. This marks the recommendations’ first comprehensive evaluation and expansion in nearly a […]
The Future of Geothermal Energy, a new analysis from the International Energy Agency (IEA), highlights the need for new technology, wider regulation application, and potential for improved geothermal energy usage. The report says geothermal energy now provides around 1% of the world’s electrical needs. However, next-generation geothermal technologies might provide 15% of the growth in […]
As per the released 2024 edition of the Latin American Economic Outlook (LEO): Financing Sustainable Development, American and Caribbean (LAC) countries should enhance tax collection and expenditure, upgrade public debt management, and mobilise more private resources so as to finance their aspiring development agendas. The 17th edition of the report argues that LAC’s sustainable financing gap […]
Tivolt Electric Vehicles, part of the Murugappa Group’s TI Clean Mobility division, has got together with Tata Power Renewable Energy Limited (TPREL) to advance EV charging infrastructure for commercial vehicles across India. The two companies penned a Memorandum of Understanding (MoU) to leverage Tata Power’s proficiency in EV charging and Tivolt’s expanding presence in the electric small […]
The CEO of energy equipment manufacturing and services company GE Vernova has announced that data centers are progressively targeting natural gas over renewable alternatives such as onshore wind. Scott Strazik stated that this is illustrated in the turbine manufacturer’s “humble” wind order sheet, and does not expect significant interest in onshore wind from the data […]
As a brand new pace towards renewable energy, BP in partnership with JERA, a leading Japanese energy company, developed a new company called JERA Nex bp, which aims to develop offshore wind energy. By 2030, the company plans to invest $5.8 billion. This project highlights the transformation of BP from focusing mainly on oil and […]
The B.C. government has granted approval for nine wind energy projects — including one on Vancouver Island — so as to help power the province’s economy and illuminate 500,000 homes, Premier David Eby declared on Monday. B.C. Hydro opted the wind power projects immediately after gaining a strong response to its call for fresh renewable […]
In a rock chip and soil sampling program at its Tango lithium and Barbara projects in Canada, lately revamped Bayan Mining and Minerals (ASX: BMM) has pointed out high-value gallium potential in assay. Bayan made an announcement last week that it had received assent for modifying company’s name from Balkan Mining and Minerals. The company has […]
Experts from home and abroad at the launch of the Global Development Report 2024 in Beijing on Friday stated that global unity and cooperation are necessary to overcome today’s complex challenges and building a sustainable future for all. As per Sudheendra Kulkarni, founder and chairman of the Forum for a New South Asia, “All these […]
New Delhi Municipal Council (NDMC) has set a target to attain a total renewable energy-based electricity supply in its dominion by Dec 2026, says reports on economic times. NDMC has finalised their prime arrangements with the Solar Energy Corporation of India (SECI) to draw 200 MW of solar power over 25 years, and work is […]
As per the latest IEA-PVPS report, in partially shaded PV generators, string inverters (SINV) can surpass module-level power electronics (MLPE). The technical report, “Performance of Partially Shaded PV Generators Operated by Optimized Power Electronics 2024,” highlights the recent obstacles of partial shading in PV systems and assess the most recent technological transformation for upgrading energy […]
Iberdrola, Spain’s leading electric utility company aims to construct the largest hydroelectric power plant in Western Europe. As per company’s statement, the project will commence from next year on Conso II, a pumped storage power plant, or Giga battery, in the Sil basin in Ourense in the country’s northwestern region of Galicia. The company has lately […]
As part of its progressing renewable energy advancement, ACEN Corporation intends to invest $ 1.5B in an enormous solar farm and energy storage system. Irene Maranan, ACEN senior vice president and head of corporate communications and sustainability stated to the Inquirer about the replacement of the coal plan in Batangas, the 246-megawatt (MW) South Luzon […]
Financier CVC DIF has finalised the marketing of a 170MW operational wind portfolio in Uruguay. The sale of the Cerro Grande and Peralta wind farm projects to Pluspetrol was accomplished by the funds of investor’s DIF Infrastructure V (DIF V) and DIF Infrastructure VI (DIF VI). Consisting of the 72 Enercon E-92 turbines, the portfolio […]
Swedish fast fashion giant H&M has signed a green energy deal [1] with Power Engineering Consulting Joint Stock Company 2 (PECC2) to facilitate its Vietnam-based suppliers’ transition to renewable energy sources. H&M Vietnam and PECC2 signed a Memorandum of Understanding (MoU) to cooperate under the Direct Power Purchase Agreement (DPPA) mechanism. The deal, signed on […]
Solar energy startup Glow has attained $30 million in a recent funding round jointly led by Framework and Union Square Ventures. According to the statement of Glow in a press release, the raised financial resources will be used to decentralize the global energy grid and hasten the adoption of renewable energy in India and all […]
The Indian Energy Exchange (IEX) noted a remarkable hike in electricity trade volumes in November 2024. As per a regulatory filing, IEX attained a trading volume of 9,689 million units (MU) during November 2024, labelling an increase of 15.7 percent year-on-year (YoY). The renewable energy certificate (REC) faced a decline in spite of the hike […]
Commerz Real for its Klimavest sustainable infrastructure investment fund has took over a new 57.6MW wind farm in the Irish midlands. Through the takeover of Moanvane Wind Farm in County Offaly, Klimavest is making its debut into the Irish renewables sector. The wind farm which is stationed about a 90-minute drive west of Dublin has […]
In the fashion industry, sustainability is becoming a popular choice and a vital necessity. More well-known large brands are making obvious attempts to implement sustainable practices, and many new sustainable brands are emerging as a result of the growing demand and awareness for long-lasting and sustainable apparel. One of the companies setting the standard for […]
In order to achieve East Central Railways’ decarbonization goals and the nation’s net-zero emissions target, O2 Power has penned a Power Purchase Agreement (PPA) to grant 100 MW of renewable energy to East Central Railways. As per the company statement, renewable energy under this pact will be granted from O2 Power’s installed capacity of 360 […]
It is estimated that more than 34 GW of new solar capacity to be installed nationwide setting a record high for US utility solar installation. As per the American Clean Power’s biannual Solar Market Report, the US solar market is anticipated to annually stretch out 37GW of new installations by 2029, thriving at a compound […]
As per the report of European business think tank Themis Foresight and Nord/LB, Europe’s economy is lacking $215 trillion essential to accomplish 2050’s net zero target. Even with the availability of adequate capital, Europe’s markets are halted from capital allocation and expansion due to numerous fundamental reasons, encompassing low-risk appetite for renewable energy projects from benefactors and an inefficient […]
In accordance to the SBICAPS Report on Power Sector: Transmission as a Counter-Balance to Evolving Regional Balance of Power, India stand in need of ₹8.2 trillion investment for the advancement of its transmission infrastructure and by 2030, incorporate 500 GW of renewable energy capacity. The report spotlight that in order to meet the targets for […]
As reported by the BloombergNEF(BNEF) in association with the Global Renewables Alliance; By security 24/7 carbon-free electricity (CFE) procurement, The Asia Pacific(APAC) region could possibly be able to attract significant private investment for its energy elevation. According to the report—24/7 Carbon-Free Energy Procurement in APAC: Pathways for Companies and Countries; clean energy procurement from corporates will be a vital funding source for accomplishing […]
The value fashion and homeware retailer, reveals that it has reduced carbon emissions across its value chain three years after announcing its 2030 sustainability objectives, by converting to renewable and low-carbon energy. Primark stated in its annual ‘Sustainability and Ethics Progress Report’ that its decarbonisation strategy is beginning to decouple from its growth, with a […]
The inhabitants of the largest state of Australia is at present encountering an eccentric affair when demanded to opt between the usage of dishwasher or to suffer blackouts as the Australian Government is indicted of stressing Australian citizens of the renewable energy transition. During a severe torrid day, regions of New South Wales has to […]
H&M Group is partnering with Lightsource BP to construct a large-scale solar farm in Texas, USA, as part of their climate goals. The fashion giant has signed a virtual power purchase agreement (VPPA) with global solar leader Lightsource BP for a 125 MW Second Division solar project, which will play a significant role in reducing […]
China is increasing its coal power production, despite advancements in renewable energy, primarily due to soaring domestic electricity demand and concerns over energy security. With a record coal mining output of 4.7 billion metric tons in 2023, the country continues to develop new coal-fired power plants, approving 106 gigawatts of new capacity—enough to power the […]
Donald Trump’s recent pledge to halt renewable energy projects on the first day of a potential new presidency has alarmed the clean energy sector, leading to significant drops in renewable energy stocks. Notably, shares of Orsted, Vestas, and Nordex have seen declines of up to 14% and 11%, respectively. Trump’s previous comments about renewable energy, […]
Masdar has entered into a Joint Study Agreement with Sarawak Energy and Gentari to evaluate the feasibility of a large-scale floating solar power plant at the Murum Hydroelectric Plant reservoir in Sarawak, Malaysia. This initiative represents a significant move towards enhancing renewable energy capacity in the state and aligns with Malaysia’s broader clean energy goals. […]
The Mexican government’s energy plan aims to enhance the capabilities of the state-owned electricity company, CFE, while establishing regulations for private renewable energy producers. Energy Minister Luz Elena Gonzalez announced that private companies will be allowed to increase capacity by 9.6 gigawatts from renewable sources by 2030. The $23.4 billion investment plan includes CFE […]
Pennsylvania has announced an investment of over $6.7 million to support Mitsubishi Electric Power Products, Inc. (MEPPI) in expanding its operations in the Pittsburgh area, which is part of MEPPI’s larger $86 million investment plan. They are planning on building an advanced switchgear factory and increasing facilities for power electronics and testing labs. This project will […]
China has introduced a comprehensive 17-point plan aimed at transitioning to renewable energy while gradually reducing coal usage to enhance energy security and support its climate commitments. The National Development and Reform Commission (NDRC) emphasizes a safe and orderly energy transition across various industries, targeting a renewable energy consumption equivalent to over 1.1 billion tonnes of […]
The Arab Development Establishment (ADE) and Schneider Electric have officially inaugurated their joint venture manufacturing facility, TAQANA Energy Solutions, in Abu Dhabi’s Industrial City. The opening ceremony was attended by key dignitaries, including government officials and industry leaders, and aligns with the UAE’s “Make it in the Emirates” initiative. His Excellency Omar Al Suwaidi […]
Low Carbon, a UK-based renewable energy investor sold a significant 6 GW battery storage project to S4 Energy in the Netherlands. One of the largest battery storage initiatives worldwide, the project aims to assist in balancing supply and demand as the Netherlands targets a 39% renewable energy mix by 2030 due to challenges in meeting […]
PetroChina plans to close its largest refinery, the Dalian Petrochemical plant, located in downtown Dalian, China, by 2025. This facility, which processes 410,000 barrels of oil per day and represents about 3% of China’s total refinery output, will be relocated following years of pressure from local authorities due to safety concerns and previous incidents in […]
The Nordic power market is set to change its day-ahead pricing method on Tuesday to enhance grid efficiency and facilitate better integration of renewable energy sources. This updated approach involves 12 bidding zones across Norway, Sweden, Denmark, and Finland, interconnected through transmission lines. Traditionally, the four Nordic transmission system operators (TSOs)—Svenska kraftnat, Statnett, Energinet, […]
ACWA Power a Saudi company, is a leading private investor in renewable energy and the world’s largest private water desalination company, is expanding its renewable footprint in Africa with the Redstone Concentrating Solar Power (CSP) plant in South Africa that is set to achieve its full 100 MW capacity soon. This milestone, achieved in […]
