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GE Renewable Energy

Blockchain Powered LO3 Energy Gets $11 Million For Distributed Energy Marketplace

Portland, US based LO3 Energy has announced the first close of its $11 million Series B led by existing investor Shell Ventures. The money will go towards further development of Pando, LO3 Energys blockchain based solution that creates a marketplace for renewable energy at a community level. The latest infusion sees LO3’s total fund raising […]

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GE Renewable, Goldwind Relegate Vestas To Third Place in Wind Rankings

A new ranking of Wind turbine manufacturers for 2020 from Bloomberg New Energy Finance (BNEF) has turned up a shake up at the top. GE Renewable Energy and Xinjiang Goldwind Science & Technology Co Ltd have moved up to take the first two spots, pushing the erstwhile Danish leader Vestas Wind Systems A/S to  third […]

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Orange Signs 20-Year Corporate Renewable PPA With Total in France

Orange signed a Corporate Power Purchase Agreement (CPPA)1 with Total (Paris:FP) (LSE:TTA) (NYSE:TOT), through its subsidiary Total Quadran – one of the leaders in renewable energies in France. Total will supply Orange with 100 GWh a year of renewable electricity over a period of 20 years. This agreement will thus enable the development, by 2024, of […]

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Siemens Gamesa to Supply New Zealand’s 2nd Largest Wind Farm

Siemens Gamesa will supply 41 of its wind turbines for New Zealand’s second largest wind farm to Meridian Energy, strengthening its leading position in the country’s wind energy market. Following its expected commissioning in 2023, the 176 MW Harapaki wind farm will generate sufficient renewable energy to power over 70,000 local average households and support […]

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Renewables Can Lower Energy Costs and Boost Energy Security in Antigua and Barbuda

IRENA report shows renewable generation, green hydrogen and EVs are the most cost-effective energy strategy for the Caribbean island Antigua and Barbuda can significantly reduce its dependence on imported fossil fuels while driving down electricity costs for citizens, by meeting its energy needs exclusively through indigenous renewable energy resources, green hydrogen and full electric vehicle […]

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Renewables not Coal & Gas Should be Focus of Vietnam’s Latest PDP: IEEFA

Vietnam’s draft PDP8 has failed to acknowledge the need of developing a more flexible system that can accommodate a changing technology mix Vietnam’s recently published draft power development plan for 2021-2030 (PDP8) has failed to acknowledge the importance of developing a more flexible system that can accommodate a changing technology mix, according to a new report from […]

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PG&E Surpasses California’s 2020 Renewable Energy Goal

Pacific Gas and Electric Company (PG&E) exceeded California’s Renewables Portfolio Standard (RPS) goal requiring energy providers to deliver 33% renewable energy by the end of 2020. PG&E estimates that it delivered over 35% from specified eligible-renewable resources to its customers last year, according to its recent Form 10-K. Overall, more than 88% of the electricity PG&E […]

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Mainspring Launches new Power Generation Technology; Announces $150 Mn Agreement with NextEra

Mainspring Energy has launched the Mainspring Linear Generator, the first product in a new category of power generation technology for commercial and industrial buildings, utilities, and microgrids. The growing mandate for a reliable, affordable, and low-carbon electric grid is driving demand for new power generation technologies that can enable greatly increased use of renewable energy […]

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