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Tag: renewables
Solar Tariff To Reduce US PV Installations By 11% Over Next 5 Years, Claims GTM
New analysis by GTM Research published a day after Donald Trump applied a 30% tariff on imported solar cells and modules shows that the US solar industry will see a 11% decrease...
UK Offshore Wind Could Hit 30 Gigawatts By 2030s
A new analysis from Aurora Energy Research which highlights “the new economics of offshore wind” has shown that offshore wind in the United Kingdom could reach up to 30 gigawatts by the...
Corporations Purchased Record 5.4 Gigawatts Of Clean Power In 2017
Corporations around the world signed a record volume of Power Purchase Agreements in 2017, amounting to 5.4 gigawatts of clean energy by 43 companies across 10 different countries, which is an impressive...
India’s Tamil Nadu Plans 500 Megawatt Solar Park
The south Indian state of Tamil Nadu has announced plans to set up a 500 megawatt solar power park. This will be the first solar power park the state government has planned...
1 Gigawatt Solar Power Tender Planned In India’s Maharashtra State
India’s largest state, in terms of power consumption, is set to float its first major solar power tender this year.
Despite its huge appetite for electricity, the state of Maharashtra has lagged between...
RE100: Corporates Scale Up Renewables Use in Spite of Policy Barriers
The march towards 100 per cent renewable electricity among global corporates continues apace, with the RE100 campaign today reporting significant increases in the proportion of clean energy sourced by its members in...
Chinese Technology Helps Cuba Build Largest Wind Farm
Cuba aims to become one of the more than 100 countries that will meet their energy demands with renewable sources like wind, water or sunlight by 2050, as experts predict.
To reach that...
Masdar Expands Renewables Portfolio Amid Flurry of Solar Deals Across Middle East
As clean energy firm Masdar unveiled a raft of deals aimed at expanding its renewables portfolio internationally, a flurry of wind and solar investments this week further served to highlight the Middle...
Shell Continues Renewable Investment Spree With UK Solar PPA
Shell has continued its recent investment spree in the clean energy sector this week, announcing a Power Purchase Agreement in England which will make it the single off-taker from the largest solar...
Worldwide Clean Energy Investments Hit $333.5 Billion Last Year
Global investment in renewable energy hit $333.5 billion in 2018, the second-highest on record, according to a new analysis from Bloomberg New Energy Finance (BNEF).
That's a 3 percent jump from 2016 and...
Shell, Swedfund, ENGIE Invest $20 Million In Rural Distributed Renewables In Asia & Africa
Husk Power Systems, a leading rural distributed utility company which operates mini-grids in Asia and Africa, has announced the closure of a $20 million equity investment from Shell, Swedfund, and ENGIE, which...
Australia Secured Record Clean Energy Investment In 2017
Australia recorded its best ever clean energy investment year in 2017, according to new figures from Bloomberg New Energy Finance, taking in $9 billion in 2017, up 150% on 2016 and lifting...
European Parliament Votes to Strengthen 2030 Renewables Goals and Set ‘Net Zero’ Emission Target
The European Parliament yesterday voted in favour of proposals to significantly strengthen the EU's climate package through to 2030 and beyond, backing a higher renewable energy target, more ambitious binding efficiency goals, and...
Record-Breaker: British Wind Power Output Tops 10GW
Wind power has set a new record in the UK, topping 10GW of output for the first time according to the latest data from Drax Electric Insights.
Wind energy first broke the 10GW...
McKinsey: Renewables and EV Boom will Struggle to Move World Onto 2C Pathway
Renewables are set to dominate the global energy market and demand for electric vehicles will soar over the next decade, but neither industry will make fast enough progress to ensure the world...
US CO2 Emissions Declined During Trump’s First Year as President
What were United States carbon dioxide (CO2) emissions like in 2017, the first year President Donald Trump was in office? Based on preliminary estimates, the Rhodium Group said US emissions declined by...