Tag Archives: renewables

EU doubling renewables by 2030 positive for economy

The European Union (EU) can increase the share of renewable energy in its energy mix to 34 per cent by 2030 – double the share in 2016 – with a net positive economic impact, finds a report by the International Renewable Energy Agency (IRENA), launched in Brussels. Presenting the findings during a launch event, ‘Renewable … Continue reading EU doubling renewables by 2030 positive for economy

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Renewables account for 18 percent of U.S. power generation in 2017

Generation from renewables, including hydropower, broke a record last year, accounting for 18 percent of the overall energy mix, according to new data. (Greentech Media) SOLAR: New Mexico lawmakers approve a tax credit offsetting the cost of solar systems for homes and small businesses, but the governor has indicated she may not sign the measure. (Associated Press) … Continue reading Renewables account for 18 percent of U.S. power generation in 2017

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How Renewables Will Change the Geopolitical Map of the World

The rapid growth of renewable energy will have a profound effect on geopolitics worldwide, writes energy expert Walt Patterson, a fellow at Chatham House in London. In this article, he explores the many ways in which “fire-free electricity” will transform political and economic relations. Geopolitics, as the name suggests, is the interaction between geography and … Continue reading How Renewables Will Change the Geopolitical Map of the World

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Renewables can help Puerto Rico keep its lights on

Myths about renewables shouldn’t stop Puerto Rico from using them to make its grid more resilient in future weather disasters, because the world has changed– they’re reliable and save money now. That’s the gist of a recent “design charette,” a group planning event convened over the past two months by the Rocky Mountain Institute (RMI) … Continue reading Renewables can help Puerto Rico keep its lights on

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Vestas and Northvolt partner on battery storage for wind energy to support the further integration of renewables

Sustainable energy leader Vestas and battery manufacturer Northvolt today announced a technology collaboration on the development of a lithium-ion battery platform for Vestas power plants. As an initial phase of the partnership, Vestas is investing EUR 10 million. With renewable energy generation now cost-competitive with electricity produced from fossil fuels, significant challenges remain in how … Continue reading Vestas and Northvolt partner on battery storage for wind energy to support the further integration of renewables

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WindEurope CEO in Iran for EU-Iran dialogue on renewables

Last week, WindEurope CEO Giles Dickson accompanied Dominique Ristori, Director General in DG Energy in the European Commission, to Iran for an EU-Iran dialogue on renewables. Dickson and Ristori held discussions with 15 Iranian government officials along with representatives from the EU SMEs Agency, SolarPower Europe, Shell, IRENA, Total and Iberdrola. The Iranian delegation was … Continue reading WindEurope CEO in Iran for EU-Iran dialogue on renewables

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Puerto Rico Sets Goal for 25% of Energy to Come from Renewables

Puerto Rico Gov. Ricardo Rossello announced on Monday his intention for the island to “take the plunge” and generate between 20-25 percent of its electricity from renewable energy. The governor made the announcement at a joint press conference with the island’s non-voting representative in the US Congress, Jennifer Gonzalez, upon the visit of a delegation … Continue reading Puerto Rico Sets Goal for 25% of Energy to Come from Renewables

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WindEurope’s CEO talks at VIND 2017 on the new rules of renewables

The Swedish wind energy association, Svensk Vindenergi, held its annual conference and exhibition on 11-12 October in Stockholm. This is the largest gathering of the wind industry in the Nordic region. The mood at the event was reasonably upbeat with a number of new onshore wind projects in Sweden having recently secured or being close … Continue reading WindEurope’s CEO talks at VIND 2017 on the new rules of renewables

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FORESEA targets offshore technologies for transition to renewables

The FORESEA (Funding Ocean Energy through Strategic European Action) programme has launched its 4th call for proposals at the Offshore Energy 2017 conference. The call aims to help developers of offshore technologies transition into the renewable energy space by developing new applications for their products. Successful applicants will receive support to test at one of … Continue reading FORESEA targets offshore technologies for transition to renewables

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Enel signs 330 million US dollar tax equity agreement for Thunder Ranch wind farm in the USA

Enel Green Power North America, Inc. (“EGPNA”), the U.S. renewable energy company of the Enel Group, acting through its subsidiary Thunder Ranch Wind Holdings, LLC (“Thunder Ranch Holdings”),1 has signed a tax equity agreement worth approximately 330 million U.S. dollars with the Alternative Energy Investing Group of Goldman Sachs (NYSE: GS) and GE Energy Financial … Continue reading Enel signs 330 million US dollar tax equity agreement for Thunder Ranch wind farm in the USA

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Enel sells majority stake in 1.7 GW of renewables in Mexico

Enel S.p.A. (“Enel”), acting through its renewables subsidiary Enel Green Power S.p.A. (“EGP”), signed agreements with the Canadian institutional investor Caisse de dépot et placement du Québec (“CDPQ”) and the investment vehicle of the leading Mexican pension funds CKD Infraestructura México S.A. de C.V. (“CKD IM”) for the sale of 80% of the share capital … Continue reading Enel sells majority stake in 1.7 GW of renewables in Mexico

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IEA report provides a bright outlook for renewables

Global renewable electricity generation is expected to grow by more than a third by 2022, according to the International Energy Agency’s (IEA) Renewables 2017 report released yesterday. It’ll be over 8,000 terawatts hours per year, equal to the total annual power consumption of China, India and Germany combined – and 30% of global power generation, … Continue reading IEA report provides a bright outlook for renewables

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Solar energy leads the charge in another record year for renewables

Boosted by a strong solar PV market, renewables accounted for almost two-thirds of net new power capacity around the world in 2016, with almost 165 gigawatts (GW) coming online. This was another record year, largely as a result of booming solar PV deployment in China and around the world, driven by sharp cost reductions and … Continue reading Solar energy leads the charge in another record year for renewables

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Renewables in Vietnam

Vietnam is one of the most efficient power market in Southeast Asia, driven by low-cost resources such as hydro and coal. The country has achieved almost 99 percent electrification with relatively low cost in comparison to neighboring countries, leading it to be a net energy exporter. With energy demand projected to increase by more than … Continue reading Renewables in Vietnam

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Companies have big plans to make more products using renewables

We’ve seen the good news that Fortune 500 companies like General Motors, Facebook, The Home Depot, and now Apple are making smart investments to procure wind energy, realizing long-term price stability and cutting pollution at the same time. But how many more companies are in line to invest? A new report by WWF, Ceres, Calvert … Continue reading Companies have big plans to make more products using renewables

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Saudi Arabia aims for 10% renewables by 2023

Saudi Arabia intends to produce 10% of its electricity via renewable sources by 2023, the country’s Minister of Energy, Industry and Mineral Resources Khalid Al-Falih confirmed earlier this week. Fittingly, Al-Falih made the statement at the Saudi Arabia Renewable Energy Investment Forum in Riyadh. It will form a major plank in the country’s plans to … Continue reading Saudi Arabia aims for 10% renewables by 2023

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WindEurope joins EU Commission to back European renewables in Algeria

On 24 May, WindEurope joined EU Energy and Climate Commissioner Miguel Arias Cañete and officials at an EU-Algeria Energy Business Forum in Algiers. The EU and Algeria have agreed to increase gas exports to Europe and to work together to expand renewables in the North African country. Algeria is targeting 5GW of wind and 13GW … Continue reading WindEurope joins EU Commission to back European renewables in Algeria

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Renewables to lead world power market growth to 2020

Renewable energy will represent the largest single source of electricity growth over the next five years, driven by falling costs and aggressive expansion in emerging economies, the IEA said Friday in an annual market report. Pointing to the great promise renewables hold for affordably mitigating climate change and enhancing energy security, the report warns governments … Continue reading Renewables to lead world power market growth to 2020

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Enel Green Power Inaugurates Italy’s First Storage Facility for Renewables

Enel Green Power has today inaugurated the first power storage facility for renewable energy plants in Italy in Catania, Sicily. The 1MW/2MWh storage system has been connected to EGP’s 10 MWp Catania 1 photovoltaic plant.   The storage system, which is an integral part of Catania 1, will increase flexibility in management of the power … Continue reading Enel Green Power Inaugurates Italy’s First Storage Facility for Renewables

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Department of Energy’s National Renewable Energy Laboratory (NREL) Reveals the Steady Rise of Renewables

The newly released 2013 Renewable Energy Data Book illustrates United States and global energy statistics, including renewable electricity generation, renewable energy development, clean energy investments, and technology-specific data and trends. The Department of Energy’s National Renewable Energy Laboratory (NREL) on Jan. 20 released its latest report on U.S. and global renewable energy. Published annually, NREL’s … Continue reading Department of Energy’s National Renewable Energy Laboratory (NREL) Reveals the Steady Rise of Renewables

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