Located off the coast of Portugal, Windfloat Atlantic has now been connected to the grid and is capable of supplying electricity to 60,000 homes a year.
Read More »Microsoft and Sol Systems Ink 500MW Solar PPA
The initiative will help Microsoft meet its goal of moving towards 100% renewable energy by 2025.
Read More »Green Hydrogen could Match Grey by 2023 Thanks to $5/MWh Wind Power
Green hydrogen could as soon as 2023 be competitive with grey H2 made using fossil fuels thanks to US wind power that’s as cheap as $5/MWh, said finance giant Morgan Stanley. Steep falls in clean generation costs mean at $1.53/kg, hydrogen produced via electrolysis sited at “best in class” US …
Read More »Offshore Wind Power Now so Cheap It Could Actually Pay Money back to Consumers
A new study found the latest round of offshore wind farms to be built in the UK could actually reduce household energy bills across the country.
Read More »Siemens Gamesa Lands Contract for Vietnam’s Largest Nearshore Wind Project
The 78MW wind farm is expected to be operational in the third quarter of 2021.
Read More »Solar Surge Is Making Coal Plants Unprofitable in Top Exporter
Australia’s coal power plants, which make up more than half of the nation’s generation mix, are facing increased pressure as rooftop solar hollows out daytime demand. That could mean early closures among the country’s aging fleet, giving energy planners the tricky task of ensuring energy security while replacing the steady, …
Read More »New York Plans to Buy Enough Clean Energy to Power more than 1.5m Homes Every Year
The State of New York has announced it is seeking bids to procure approximately 12 million MWh of renewable electricity.
Read More »Renewable Energy Is Gaining Market Share during the COVID-19 Pandemic
Renewable energy has surged to capture a record share of global electricity generation, seizing more market share during the coronavirus downturn. The steep drop in electricity demand, down by more than a fifth in some parts of the world, has hit energy producers everywhere. But because renewable energy has zero …
Read More »Oil and Gas and Renewable Tech Firms form Energy Transition Alliance
The Alliance is a collaboration between the Oil & Gas Technology Centre and the Offshore Renewable Energy Catapult.
Read More »EU Bank Greenlights €2bn for Global Energy Projects
That includes investment in energy efficiency and clean energy projects that support the transition towards a low carbon economy.
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