Empire Offshore Wind, a joint venture between Equinor and BP, has secured approval for its offshore wind farm project on the US East Coast. The project is the sixth commercial-scale wind farm to be given a go-ahead under President Joe Biden’s administration. Equinor and BP plan to build two offshore …
Read More »Chinese Utility Plans One of World’s Largest Renewable Projects
A Chinese firm has announced it will build a renewable energy project with more generating capacity than New Zealand in a vast inland desert province. China Energy Investment Corp. and its listed unit, China Longyuan Power Group Corp., are forming a joint venture to build the Badain Jaran in Gansu …
Read More »Energy Companies Optimistic of Global Consensus on Renewable Energy at Cop28
Global energy companies operating in the UAE are optimistic that a consensus can be reached around the Cop28 pledge of tripling renewable energy capacity and doubling energy efficiency by 2030. The US, EU and UAE are rallying other governments to join a global deal on renewables at the UN climate …
Read More »China Launches First All-in-One Floating Fish Farm Powered by Wind and Solar Energy
China’s leading wind developer, Longyuan, and turbine-maker Shanghai Electric have launched what they claim is the world’s first integrated floating wind, solar and fish farming system. The facility is located off Nanri Island in Fujian Province. In 2021, the parties announced they would build the world’s first aquaculture farm integrated …
Read More »America’s Offshore Wind Industry is a Mess
It’s not just Orsted that just realized the Green revolution is really deep red when it comes to shareholder value. Speaking at the FT Energy Transition summit on Wednesday, a clean energy executive at supermajor BP said that the U.S. offshore wind industry is “fundamentally broken” and needs a reset. …
Read More »EU, US, UAE Pressure other Govts to Join Deal to Triple Renewable Energy
The United States, the European Union, and the United Arab Emirates are looking to drum up new recruits in the form of other governments to sign onto a global deal that seeks to triple renewable energy investment, according to new documents seen by Reuters. The COP28 climate summit hosts are …
Read More »Amazon Adds 1 GW of Renewable Energy Projects to European Portfolio
US technology and e-commerce group Amazon.com Inc has further expanded its portfolio of renewable energy projects backing its European operations, adding more than 1 GW of clean energy capacity as it works to achieve its overall renewables goal. The tech giant, which is the world’s largest corporate purchaser of renewable …
Read More »India Looks to Make Solar Modules Locally
India plans to introduce new rules requiring domestic manufacturers to make solar cells and other key components in the solar module supply chain, India’s Minister of Power and New & Renewable Energy, Raj Kumar Singh, said on Friday. The new rules could be introduced in a couple of years, the …
Read More »Capacity of Iran’s Renewable Power Plants Reaches 1,088 MW
The capacity of Iran’s renewable power plants has reached 1,088.18 megawatts (MW), the country’s Energy Ministry announced. Based on the Energy Ministry data, of the mentioned total capacity, 364.89 MW is supplied by wind power plants, 465.65 MW is provided by solar power plants, 99.47 MW is supplied by small …
Read More »Renewable Energy’s Role in Global Bitcoin Mining
Bitcoin miners use an estimated 348 terawatt hours of electricity per year, and with the world increasingly moving to renewables, some are asking the question: just where does Bitcoin get its electricity? To answer that question, Visual Capitalist’s Chris Deckert partnered with HIVE Digital to visualize data from the Cambridge …
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