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Energy Transition

Statkraft Shares its Low Emissions Scenario of a Cost Effective Transition

Statkraft has launched is Low Emissions Scenario which projects and details how energy usage, and the renewable energy industry, will change across Europe in the next thirty years. One of Europe’s largest renewable energy producers, Statkraft, has launched is Low Emissions Scenario which projects and details how energy usage, and the renewable energy industry, will […]

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GE Renewable Energy and European Energy add substantial wind power to Lithuania

GE Renewable Energy announced today that it has been selected by European Energy as the supplier for three windfarms in Lithuania, located about 80 kilometers North of the capital Vilnius. The 121 MW project, which will use 22 GE Cypress onshore wind turbine units, will add 23% of green power capacity to the country’s current […]

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Eni and HitecVision new Renewable Energy JV “Vårgrønn” in Norway

The new joint venture will focus on renewable energy projects The global energy company Eni and the Norwegian energy entrepreneur and investor HitecVision have announced today the establishment of a new joint venture company, Vårgrønn, with the aim of developing new green energy projects in Norway and the Nordic market. The Vårgrønn JV, which marks […]

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Rising Market Cap Fuels Acquisition Ambitions For US Renewable Energy Firms

Early in October this year, NextEra Energy, a renewable energy firm with almost 18 GW of solar and wind plants till last year, overtook Exxon Mobil in market cap for the first time ever. The event marked both the rising tide for renewable energy firms seen as leading the new energy transition, and the mark […]

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Wisconsin’s First Large-Scale Solar Facility Producing Clean Energy

Wisconsin’s first large-scale solar project is complete and powering Madison-area households and businesses. Madison Gas and Electric (MGE) is a co-owner of the 150-megawatt (MW) Two Creeks Solar facility with Wisconsin Public Service (WPS). MGE owns 50 MW; WPS owns 100 MW. “We are excited that Two Creeks Solar is now generating cost-effective, carbon-free energy […]

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Adani Green Energy Increases Income but net Profit Drops 82% in Q2

Adani Green Energy while reporting a slight increase in its total income has also reported a decline of over 82% in its consolidated net profit for Q2 2020. Adani Green Energy has reported its financial results for the second quarter (Q2) of the financial year after its Board of Directors approved the results. The firm […]

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IRENA Council Meets as Agency Renews Call for Recovery Built around Energy Transformation

Representatives from across the world will participate in the 19th and 20th Council of the International Renewable Energy Agency (IRENA) this week, amid a backdrop of renewed calls from the Agency to build the post-Covid economic recovery around the energy transformation. Burkina Faso Energy Minister H.E. Bachir Ismael Ouedraogo, will serve as Chair for the […]

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LAVLE Receives Funding from Ocean Zero to Further Innovation Across Battery Tech and Energy Storage Sectors

LAVLE, the leading U.S.-based supplier and developer of superior battery technologies and energy storage systems (ESS) for the renewable energy, marine, rail transportation, aviation, defense, and other markets, today announced a round of funding from Ocean Zero, LLC. The investment will further support LAVLE’s mission of enabling carbon reduction through its innovative, next generation technologies. […]

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