Tag Archives: renewable energy

Spain to hold a new 3,000 MW renewable energy auction

Spanish Prime Minister Mariano Rajoy announced Thursday a new 3,000-megawatt (MW) renewables auction seeking wind power and solar photovoltaic capacity, following the success of last week’s auction round.   Rajoy said the new auction will be held before the summer and will contribute to improving competition in the domestic electricity market, as well as reduce energy … Continue reading Spain to hold a new 3,000 MW renewable energy auction

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Renewable Energy Employs 9.8 million People Worldwide

More than 9.8 million people were employed in the renewable energy sector in 2016, according to a new report from the International Renewable Energy Agency (IRENA). Renewable Energy and Jobs – Annual Review 2017, released at IRENA’s 13th Council meeting, provides the latest employment figures of the renewable energy sector and insight into the factors … Continue reading Renewable Energy Employs 9.8 million People Worldwide

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Sri Lanka betting big on renewable energy through competitive bidding route

With abundant wind and solar power potential, Sri Lanka is betting big on these electricity sources through competitive bidding for projects, a top government official in the power ministry said. The projects include a 100 MW floating solar power project on a reservoir, 60 MW of wind power on a distributed basis of 1 MW … Continue reading Sri Lanka betting big on renewable energy through competitive bidding route

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Tunisia to produce over 210 MW of renewable energy

Operators willing to invest in solar photovoltaic and wind energy must submit their bids, no later than November 15, 2017, Minister of Energy, Mining and Renewable Energies, Hela Cheikhrouhou, said during a press conference on Wednesday .   She told reporters on the sidelines of the international show on renewable energies that the Department of … Continue reading Tunisia to produce over 210 MW of renewable energy

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Egypt plans to produce 20% of its electricity from renewable energy sources by 2022

The vista in the central province of Minya is as empty as far as the eye can see except for rows and rows of solar panels and the blue sky above. The panels are helping Amr al- Saad’s 8-month-old power sta­tion address the worsening issue of brownouts and blackouts in the area. “A few years … Continue reading Egypt plans to produce 20% of its electricity from renewable energy sources by 2022

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Global 100% Renewable Energy Platform launched

Today, representatives from major organizations from all over the world have gathered in Bonn to launch the Global 100% Renewable Energy Platform. During the launch event, some of the world’s most renowned experts on renewable energy presented solutions and strategies for achieving global 100% renewable energy, in line with the world’s climate change mitigation needs … Continue reading Global 100% Renewable Energy Platform launched

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Sen to be responsible for Siemens Gamesa Renewable Energy within Siemens’ Managing Board

Michael Sen, member of the Managing Board of Siemens AG, will – additionally to his current duties – now be responsible for Siemens Gamesa Renewable Energy within Siemens’ Managing Board. Until recently, Sen was a member of the management team of Europe’s largest energy supplier and acquired extensive expertise in the management of listed equity … Continue reading Sen to be responsible for Siemens Gamesa Renewable Energy within Siemens’ Managing Board

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California legislative leaders call for 100 percent renewable energy

Yesterday, the leader of the California Senate, Kevin de Leon, proposed a bill that would transition California to 100 percent renewable retail electricity. That would improve upon the state’s existing renewable energy standard, which calls for 50 percent renewables by 2030. Under the new legislation the state would hit that target five years early, and … Continue reading California legislative leaders call for 100 percent renewable energy

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Iowa’s largest utility aims to produce only renewable energy

Iowa’s largest utility is in the midst of a $3.6 billion investment in wind power and intends to keep spending on the towers with a goal of producing 100 percent of its energy from renewable sources. The Des Moines Register reports that MidAmerican Energy plans to build 1,000 more turbines over the next couple of … Continue reading Iowa’s largest utility aims to produce only renewable energy

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Indonesia ups renewable electricity plan

Indonesia’s Ministry of Energy has raised its target for renewable power generation in the country by 2026, and is now aiming for the sector to deliver 22.5% of the country’s electricity mix by then. This represents an increase of almost 3 percentage points on the previous review of the ten-year electricity supply plan prepared by … Continue reading Indonesia ups renewable electricity plan

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China’s renewable energy sector to attract $782bn investment by 2030

China’s wind and solar energy sectors could attract as much as 5.4 trillion yuan ($782 billion) in investments between 2016 and 2030 as the country tries to meet renewable energy targets, according to a research report published on Tuesday. China has pledged to increase non-fossil fuel energy to at least 20 percent of its total … Continue reading China’s renewable energy sector to attract $782bn investment by 2030

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Global renewable energy capacity reach record levels in 2016

As the cost of clean technology continues to fall, the world added record levels of renewable energy capacity in 2016, at an investment level 23 per cent lower than the previous year, according to new research published today by UN Environment, the Frankfurt School-UNEP Collaborating Centre, and Bloomberg New Energy Finance. Global Trends in Renewable Energy Investment 2017 finds … Continue reading Global renewable energy capacity reach record levels in 2016

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Renewables Providing Most New Power

Renewables were the biggest new source of electricity last year as the cost of building new wind and solar farms fell.   Clean energy provided 55 percent of all new capacity added worldwide, the most ever, and total investment was about double the amount for generators driven by fossil fuels, according to a report published … Continue reading Renewables Providing Most New Power

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Russia has abundance of all renewable energy sources which can be scaled up to fuel economic growth

Russia can increase the share of renewables in its energy mix from roughly 3 per cent today to more than 11 per cent by 2030, according to new findings by the International Renewable Energy Agency (IRENA). The growth in renewable energy use would represent nearly a fourfold increase in the share of renewables between 2014 … Continue reading Russia has abundance of all renewable energy sources which can be scaled up to fuel economic growth

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Renewable energy to be over 60 per cent of India’s generation capacity

Enthused by drop in renewable energy tariff, Power Minister Piyush Goyal today said India’s 60-65 per cent of installed power generation capacity will be green energy. At present, out of 315 gw of total power generation installed capacity, around 50 gw is from renewable sources. “Going by prices we have discovered, I am inspired to … Continue reading Renewable energy to be over 60 per cent of India’s generation capacity

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Tunisia to invest US$1 billion in renewable energy in 2017

The Tunisian government said recently that it is expected to invest about an equivalent of one billion U.S. dollars to produce 1,000 megawatts of power from renewable energy in 2017. Of the 1000 megawatts, 350 will be produced by wind power, 650 by photovoltaic energy, according to the Energy General Direction of the Tunisian Ministry … Continue reading Tunisia to invest US$1 billion in renewable energy in 2017

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Certex opens new UK facility to support offshore wind energy

Supplier to the international wind energy market, Certex UK, is to expand its renewables and lifting operations in the Humber region with the opening of a new office and workshop in Hull, and plans for long-term investment in the local community. The new facility is fundamental to the company’s support plans for the burgeoning offshore … Continue reading Certex opens new UK facility to support offshore wind energy

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One in six renewable energy jobs in Scotland at risk

Businesses working in the Scottish renewable energy sector are anticipating a sixth of their workforce will be lost within the next 12 months, a new industry survey has shown. Scottish Renewables polled its members on employment levels and confidence over the next year, with respondents predicting an average decrease in full-time equivalent posts in Scotland … Continue reading One in six renewable energy jobs in Scotland at risk

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New IRENA report details how renewables can decarbonise the energy sector and improve the lives of billions

Falling costs, driven by innovation in technology and policy, is spurring renewable energy deployment and with it a myriad of socioeconomic benefits, according to the new comprehensive publication released by the International Renewable Energy Agency (IRENA). REthinking Energy, now in its third edition, was released today at IRENA’s seventh Assembly, the Agency’s ultimate decision-making authority. … Continue reading New IRENA report details how renewables can decarbonise the energy sector and improve the lives of billions

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Renewable Energy Is Now Cheaper Than Fossil Fuels

In addition to being a cleaner alternative, wind and solar power is now becoming a viable investment for individuals and companies. Sources of renewable and clean energy such as solar and wind power are now cheaper than heavily polluting fossil fuels in dozens of countries, according to a recent report by the World Economic Forum. … Continue reading Renewable Energy Is Now Cheaper Than Fossil Fuels

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