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Growth of Renewables Could Boost Green Hydrogen Production: Report

The production of green hydrogen could compete with fossil fuel-based hydrogen by 2030 in certain countries, should power prices for renewables reach USD 30 per MWh A new report has revealed that the production of green hydrogen could compete with fossil fuel-based hydrogen by 2030 in Australia, Germany and Japan, should power prices for renewables reach USD […]

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Siemens Gamesa to Acquire Senvion’s European Assets for €200 mn

Siemens Gamesa has announced that it has reached an agreement to acquire selected European assets of the Senvion Group for EUR 200 million. Siemens Gamesa Renewable Energy has announced that it has reached an agreement to acquire selected European assets of the Senvion Group for EUR 200 million. The assets included in the transaction are […]

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With 10.6 GW Additions in 2018, US now the 2nd Largest Solar Market

Solar capacity additions in the US touched 10.6 GW for 2018, making it currently the second-largest solar PV market in the world. According to a new report, solar PV capacity additions in the US touched 10.6 GW for 2018, and with a massive 12.9 percent share of the cumulative capacity additions for the year, the […]

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Global Solar PV Capacity Expected to Exceed 1,500 GW by 2030

The global solar PV capacity is estimated to increase significantly from 593.9 GW in 2019 to 1,582.9 GW in 2030, a new report has revealed. Global solar photovoltaic (PV) capacity is estimated to increase significantly from 593.9 gigawatts (GW) in 2019 to 1,582.9 GW in 2030 following significant capacity additions by China, India, Germany, the […]

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Significant Uncertainty Over Growth of Wind Energy in Europe: Report

There is significant uncertainty over how much wind energy capacity will grow in Europe over the next five years. A new report has revealed that there is significant uncertainty over how much wind energy capacity will grow in Europe over the next five years. WindEurope’s latest ‘Wind Energy Outlook to 2023’ states that if Governments […]

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GE Renewable Energy Bags 132.5 MW Turbine Order in Brazil

GE Renewable Energy has announced that it has signed an onshore wind contract with EDF Renewables in Brazil. This deal for GE’s Cypress platform (the company’s largest onshore wind turbine) is also its first contract with EDF Renewables in the country. GE will be responsible for the production and delivery of 25 turbines, which will […]

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Acme and Adani Make the World’s Top 10 Solar PV Asset Owners List

According to Wood Mackenzie’s inaugural global solar asset ownership ranking, ACME and Adani have made the cut for the world’s top 10 According to Wood Mackenzie’s inaugural global solar photovoltaic (PV) asset ownership ranking (excluding China), the world’s top 10 solar PV asset owners now hold over 22 gigawatts (GW) of cumulative solar capacity. Collectively, […]

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Equinor Sells 25% Stake German Offshore Wind Farm for €500 mn

Equinor has sold a 25 percent ownership interest in the Arkona offshore wind farm to Credit Suisse Energy Infrastructure Partners for EUR 500 million. Norwegian multinational energy company Equinor has announced that it has entered into an agreement for the sale of 25 percent ownership (94-95 MW) interest in the Arkona offshore wind farm off […]

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