Tag: renewable

Drop in Wind Energy Costs Adds Pressure for Government Rethink

Onshore windfarms could be built in the UK for the same cost as new gas power stations and would be nearly half as expensive as the Hinkley Point C nuclear plant, according...

Major Renewable Energy Projects in Africa and Asia

Five new partners joined UN Environment's Seed Assistance Facility today, committing to invest $50 million in clean power projects in Sub-Saharan Africa and Asia. In a region like sub-Saharan Africa where, 600 million...

Ikea Plans Mushroom-Based Packaging as Eco-Friendly Replacement for Polystyrene

Ikea plans to use packaging made with mushrooms as an eco-friendly replacement for polystyrene, the Swedish retail giant has revealed. The flat-pack furniture retailer is looking at using the biodegradable "fungi packaging" as...

ABB Delivers Dubai Sun

ABB has completed a substation to deliver the electricity generated by a 200MW photovoltaic plant in Dubai. The 400/132kV gas-insulated switchgear unit, built for local utility Dubai Electricity & Water Authority (DEWA), will...

Solar Inverter Supplier of the Year 2016

ABB in India was nominated ‘Solar Inverter Supplier of the Year 2016’. The award was presented as part of the first Solar Today Awards at Intersolar India 2016. ABB has been working in...

A Total of 12.5GW of New Wind Capacity Was Installed in Europe in 2016

A total of 12.5GW of new wind capacity was installed in Europe in 2016, according to WindEurope data. WindEurope said in its annual wind statistics that a record €27.5bn in new investments were...

Statoil Eyes Wind Growth

Norwegian oil major Statoil plans to invest up to 20% of capital expenditure in other areas, such as offshore wind, by 2030. Chief executive Eldar Saetre said in a presentation of the company’s...

Medium-Term Renewable Energy Market Report 2016

The International Energy Agency said today that it was significantly increasing its five-year growth forecast for renewables thanks to strong policy support in key countries and sharp cost reductions. Renewables have surpassed...

Invest in EU: EUR 438 Million to Support Renewable Energy in Belgium

The European Investment Bank (EIB) will support the construction of the Norther wind farm off the Belgian coast with a loan of EUR 438 million. Half of this amount will be guaranteed...

European Commission Approves Drax Biomass Subsidy

The share price of Britain’s biggest power station operator has jumped to a five-month high after the European commission approved subsidies for its conversion to burn wood pellets instead of coal. Drax was...

Centrica to Trial £19m Local Smart Grid in Cornwall

Energy giant Centrica has launched a new local energy market trial in Cornwall in a bid to test how a more distributed grid could help generation be managed closer to the point...

French nuclear power in ‘worst situation ever’, says former EDF director

In the week Britain exports electricity to France for first time in four years, Gérard Magnin says renewable power will match Hinkley Point C on cost. Gérard Magnin, who called Hinkley “very risky”...

Advanced Coal Technologies Could Provide Carbon Relief

Coal is not clean. But that does not mean that it could not be made cleaner. And that’s relevant because much of the developing world will remain dependent on coal, as will...

Mexico’s Energy Reform Is Set to Revitalise an Ailing Sector and Boost the Economy, IEA Report Says

Mexico’s wide-ranging energy reform, which began in 2013, is expected to reverse the country’s declining oil production, increase the share of renewables in the power sector, and slow the growth in carbon...

IEA urges Japan to decarbonise its energy supply

Japan should balance and diversify its energy mix through a combination of renewable and nuclear energy and efficient thermal power generation, the International Energy Agency (IEA) said today in its latest review...

Spain Closes In on 50 Percent Renewable Power Generation

Over the first eight months of this year, Spain averaged an impressive 47.2 percent renewable energy share in its generation mix. The achievement was reported by Spanish electricity transmission system operator, Red...

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