Renewable Energy
News & Press Releases
China will bring total installed wind energy and solar power capacity to more than 1.2 billion KW by 2030
Chinese President Xi Jinping said on Saturday that China will bring its total installed wind power and solar energy capacity to more than 1.2 billion kilowatts by 2030.
China is now committing to reduce its emissions per unit of GDP...
News & Press Releases
Renewables smash coal power in a pandemic-hit year
Renewable energy generation is set to defy a historic drop in global electricity demand this year due to the COVID-19 pandemic, but coal-fired power stations will be the biggest loser.
Worldwide generation from renewables is expected to surge by 7...
News & Press Releases
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...
News & Press Releases
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...
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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