Renewable Energy
News & Press Releases
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...
News & Press Releases
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...
News & Press Releases
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...
News & Press Releases
Croatia sets new record in renewable energy production
Croatia has set a new record in the production of energy from renewable sources, covering the entire consumption in the country with hydropower plants and wind farms.
Croatian transmission system operator (TSO) HOPS has announced that due to weather conditions,...
News & Press Releases
Renewables will be cheaper than coal in Asia Pacific by 2030
A new report released by Wood Mackenzie states that the levelised cost of electricity (LCOE) for renewable energy will be cheaper compared to coal in the Asia Pacific by 2030. Solar plus storage projects are expected to be competitive...
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