Renewables and Efficiency

The epidemic has resulted in an ‘unpredictable’ market, delaying licensing auctions indefinitely.

Research states that halted production along with supply and logistics issues could lead to order delays.

According to market research firm, Frost & Sullivan, increasing demand for energy worldwide and traditional energy independence due to volatile oil prices is encouraging governments throughout the world to harness the potential of renewable energy, driving the global market for wind turbine materials. Expanding at a compound annual growth rate …

India’s mega plans to expand transmission infrastructure to support upcoming and planned renewable energy projects continues to take shape. The government-owned REC Transmission Projects Company Limited (RECTPCL) recently approved setting up seven transmission projects to support renewable energy parks in various parts of the country. The company has approved plans …

The department stated that once markets normalise, the nation would resume course to become a net energy exporter in 2020.

The renewable energy sector added 176GW of generating capacity globally in 2019, marginally lower than the 179GW added in 2018, IRENA says.

Exxaro now fully owns two of Cynnergi’s wind farms in South Africa.

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.