Renewables and Efficiency

The company has sealed an agreement with Asia Cement Corporation to continue the development of a 448MW offshore wind project.

State-owned China Three Gorges Renewables Group Co. is seeking to raise 25 billion yuan ($3.5 billion) in what could be one of the country’s biggest initial public offerings this year. The company plans to sell as many as 8.57 billion shares in Shanghai, according to a prospectus posted on the …

The month saw record production of 803GWh thanks to exceptionally favourable wind conditions and winter storms Ciara and Dennis.

Spain and Sweden have the cheapest power purchase agreement (PPA) prices in Europe for wind and solar energy, according to data from Bloomberg NEF’s (BNEF) 1H 2020 European Corporate PPA Price Survey. Sweden, with prices set around €30.50/MWh, is the cheapest market for onshore wind corporate PPAs. In the solar …

The momentum-building global expansion of wind and solar power plant could be stymied for at least year as government restrictions on movement impact construction timeframes and foreign exchanges market contract around the world, according to new forecast by Rystad Energy. The Norwegian analyst group calculates growth in newly commissioned renewables …

The wind project is forecast to provide clean electricity to 240,000 people.

Tata Power has already deployed over 375MW of rooftop projects across Indian states such as Gujarat, Maharashtra and Tamil Nadu.

The first nation to implement a COVID-19 lockdown, China, has experienced an unprecedented power demand drop during the first two months of the year as a result of the stagnation of industrial and commercial activities. Amidst this demand squeeze, renewables have emerged as a winner in the increasing competition among …

Before the coronavirus pandemic, Big Oil was under significant pressure to speed up their transitions to cleaner forms of energy — from politicians, financiers and climate activists alike. This pressure may have receded from view amid Covid-19 lock downs and massive slumps in oil prices, but there is no reason …

The Global Wind Energy Council found that wind power capacity grew by 60.4 gigawatts, or 19%, compared with 2018, in one of the strongest years on record for the global wind power industry. The growth was powered by a record year for offshore wind, which grew by 6.1GW to make …