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IEA

Renewable Investments up 1% YoY in 2019, India Records 14% Less

Investments in renewable energy capacity worldwide was USD 282.2 billion last year, up 1% from 2018, India saw an investment of USD 9.3 billion, down 14% Investments in renewable energy capacity worldwide was USD 282.2 billion last year, up 1 percent from 2018’s USD 280.2 billion, with the world’s biggest market (China) slipping back, but […]

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RWE Renewables Brings 100 MW Solar Project Online in Texas

RWE Renewables has announced that it has achieved commercial operation on its 100 MW West of the Pecos solar project, located in Texas RWE Renewables has announced that it has achieved commercial operation on its West of the Pecos solar project, located in Reeves County, Texas, approximately 75 miles southwest of Midland-Odessa. The project is […]

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EVs, Storage, Microgrids and Corporate PPAs to be Key Trends in 2020: GlobalData

The power sector is witnessing significant changes. As 2019 draws to a close, Harminder Singh, Director of Power at data and analytics company GlobalData, looks at the key trends that will shape the industry in 2020, ranging from electric vehicles (EVs) to corporate power purchase agreements (PPAs). A. Electric vehicles “The adoption of electric vehicles […]

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Fortum-Rusnano to Start Implementation of 250 MW Wind Projects in Russia

The Fortum-Rusnano wind investment fund has taken the investment decision for two wind energy projects in Russia, worth a combined capacity of 250 MW. The Fortum-Rusnano wind investment fund has announced that it has taken the investment decision for two wind energy projects in Russia, worth a combined generational capacity of 250 MW. The first […]

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EIB and Hydrogen Council Sign Agreement to Finance Hydrogen Projects

EIB and Hydrogen Council to collaborate on the development of innovative schemes to finance hydrogen projects to address climate change. The Hydrogen Council, a global initiative of CEOs representing energy, transport, and industry organisations advocating for the accelerated deployment of hydrogen solutions, and the European Investment Bank (EIB), one of the world’s largest providers of […]

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Japanese Offshore Wind Growth Matched by Foreign Interest

Japan has been witnessing an upsurge in the number of companies showing interest in its fledgling offshore wind sector, according to new research. GlobalData’s research reveals that the Japanese offshore wind market presently stands at a minuscule 68 megawatt (MW). However, 770 MW of capacity is in the pipeline across four projects, all of which […]

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Survey Finds Govts Should Take Stronger Action on Energy Efficiency

Governments need to take stronger action to reverse the worrying slowdown in global energy efficiency improvements, according to a public survey by the IEA Governments need to take stronger policy action to reverse the worrying slowdown in global energy efficiency improvements, according to a public survey conducted by the International Energy Agency (IEA). The survey […]

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European Offshore Wind Energy Goals are Achievable: Report

The European Commission’s big goals for offshore wind, between 230 and 450 GW by 2050 are achievable provided right investments and spatial planning A new report has predicted that the European Union (EU) Commission’s big goals for offshore wind – between 230 and 450 GW by 2050 – are achievable provided the right investments in […]

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8Minute Solar to Build Solar Plus Storage Facility to Serve Los Angeles

LADWP has partnered with 8minute Solar Energy to provide storable, renewable power to households throughout Los Angeles at the lowest price The Los Angeles Department of Water and Power (LADWP), the largest municipal utility in the United States, has announced a new partnership with 8minute Solar Energy to provide storable, renewable, and affordable power to […]

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