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Wind Energy – The Struggling Pillar of the European Green Deal: WindEurope

Wind is a natural pillar of the European Green Deal, but the sector is struggling and Europe is at risk of losing its global leadership on wind energy. When launching the European Green Deal in December President von der Leyen described it as the EU’s new growth strategy. The Industrial Strategy to be launched by […]

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Leclanché Secures $65 Mn Loan Facility to Expand Operations

Leclanché has signed an agreement with Yorkville Advisors for an unsecured convertible loan facility with a maximum ceiling of USD 40 million. One of the world’s leading energy storage companies Leclanché has signed an agreement with Yorkville Advisors Global, a New Jersey-based investment firm providing for an unsecured convertible loan facility with a maximum ceiling […]

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Vestas Still the World’s Leading Turbine Maker, Despite Losing Market Share

Developers commissioned almost 61 GW of wind turbines globally in 2019, and the latest data shows that Vestas kept its crown as the leading turbine maker Developers commissioned almost 61 GW of wind turbines globally in 2019, compared with 50 GW in the previous year. And just four manufacturers accounted for more than half, or […]

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Europe Installed 15.4 GW of new Wind Energy in 2019: WindEurope

Europe installed 15.4 GW of new wind energy in 2019. Three-quarters of this was onshore wind, 11.8 GW, new offshore wind was 3.6 GW. Europe installed 15.4 GW of new wind energy in 2019. Three-quarters of this was onshore wind, 11.8 GW, new offshore wind was 3.6 GW. Europe now has 205 GW of wind […]

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Backsheets and Beyond- Behind Cybrid Technologies Big Plans

China, the factory for the world is a truism that is particularly evident for the solar sector. Increasingly, we are seeing firms in the sector take the lead in innovations and shaping the future of the sector. It is no wonder that the whole premise of falling solar costs and high efficiencies in the new […]

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JinkoSolar Wins ‘Top Brand PV Europe Seal 2020’ Award for 2nd Consecutive Yr

One of the world’s leading solar module manufacturers JinkoSolar has won the ‘Top Brand PV Europe Seal 2020’ award from EuPD Research, an internationally recognized research institute, for the second consecutive year. EuPD Research awarded the top PV seals based on its global PV installer monitor survey which compiles the opinions of solar installers from […]

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Global Electric Vehicle Sales to Surge in 2020s: Wood Mackenzie

The electric vehicle sector requires external support to become competitive and while its market share is small, WoodMac expects a decade of growth Despite the electrification movement growing in popularity, Electric Vehicles (EVs) accounted for 3 percent of all vehicle sales and represented only 0.5 percent of all vehicles on the road in 2019. The […]

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EDF Acquires 50% Stake in 1 GW Codling Offshore Wind Project in Ireland

The EDF Group has acquired a 50 percent interest in the 1 GW Codling offshore wind farm project in Ireland from Hazel Shore. The EDF Group has acquired a 50 percent interest in the Codling offshore wind farm project in Ireland from Hazel Shore. Its subsidiary EDF Renewables, dedicated to wind and solar energy across […]

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EBRD Grants $37 Mn Loan for Expansion of Wind Project in Turkey

EBRD has approved a loan worth USD 37 million for financing the expansion of the Kiyikoy wind project in the northwest of Turkey. The European Bank for Reconstruction and Development (EBRD) has approved a loan worth USD 37 million giving a boost to renewable energy production in Turkey by financing the expansion of the Kiyikoy […]

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