Renewable Energy
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Accenture Makes Strategic Investment in Reactive Technologies
Accenture has made a strategic investment, through Accenture Ventures, and formed a strategic alliance with Reactive Technologies, a London-based provider of power and grid technology, to help utilities accelerate the transition to low-carbon energy.
According to a new report from...
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India, China to lead 2021 growth in global power demand
India, along with China, will lead the growth in global demand for electricity in 2021, although consumption will recover at a slower pace than after the global financial crisis of 2008, the International Energy Agency said in its first...
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Germany agrees on amended energy law to boost renewables
Germany's ruling coalition has agreed changes to a new energy law that aims to boost renewable power and help the country meet its goal of producing 65% of its electricity from green sources by 2030, the environment minister said...
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Three Renewable Energy Trends that are Propelling Growth in the Challenging Energy Sector
Renewable energy sources are preferred by most consumers, large institutions, and governments. Due to the reduced environmental impact, improved quality of power, and lower costs, renewable energy is a significantly better alternative to traditional fossil fuels. High demand and...
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EIB funds Siemens Gamesa’s 2020-2023 innovation plan
Siemens Gamesa has secured €300 million ($363.5 million) in funding from the European Investment Bank to implement its analysis, improvement and innovation (RDI) plan throughout 2020-2023.
The funding features a €150 million ($181.7 million) mortgage. Siemens Gamesa will use the...
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China’s path to carbon neutrality could see country reach 4.2TW of solar by 2050
A massive renewables scale up by China to help it achieve its recently announced carbon neutrality pledge could see the country reach 4.2TW of solar capacity by 2050.
The research organisation predicts that solar and wind could account for as...
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World’s largest residential virtual power plant coming from Alphabet-backed SIP and OhmConnect
Sidewalk Infrastructure Partners (SIP) and OhmConnect are partnering to create Resi-Station, a 550-MW clean energy power plant that will go live in California next month. At full-scale, in three years, it will be the largest residential power plant in...
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