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Global Offshore Wind Capacity to Reach 142 GW by 2030: Report

The global offshore wind market is set to grow at a CAGR of 16.2 percent between 2019 and 2030, reaching a cumulative capacity of 142 GW by 2030 The global offshore wind market is set to grow at a compound annual growth rate of 16.2 percent between 2019 and 2030, reaching a cumulative capacity of […]

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US Solar Tariffs Cost 62,000 Jobs and 10.5 GW in Solar Capacity

Tariffs on imported solar cells and modules have led to the loss of more than 62,000 US jobs and USD 19 billion in new private sector investment Tariffs on imported solar cells and modules have led to the loss of more than 62,000 US jobs and USD 19 billion in new private sector investment, according […]

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Solar PV Energy Capacity to Exceed 8000 GW by 2050: Report

A new report has predicted that while capacity additions in Asia, North America and Europe, the global PV solar capacity could exceed 8,000 GW by 2050. Wind energy and concentrated solar power (CSP) have reduced their costs significantly, but it is solar photovoltaic (PV) that has reduced its costs dramatically, thanks to rapid developments in […]

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Siemens Gamesa Increases its Offshore Turbine Capacity to 11 MW

Siemens Gamesa has announced that it has expanded its product portfolio with the launch of the new offshore wind turbines with a capacity of 11 MW One of the leading offshore wind turbines manufacturer and developer, Siemens Gamesa Renewable Energy (SGRE) has announced that it has expanded its product portfolio with the launch of the […]

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RWE Acquires 1.5 GW of Offshore Wind Capacity in Poland

RWE Renewables has acquired a pipeline of up to 4 offshore wind projects in Poland with a total generation capacity of more than 1.5 GW RWE Renewables has announced that the firm has acquired a pipeline of up to 4 offshore wind projects in Poland as part of its ambitions to enter the Polish offshore […]

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Top 5 Fastest-Growing Solar Markets in Africa

The year 2018 was exceptionally good for Africa and 5 African markets drove the continent’s solar energy market. Last Year Africa showed good progress in its solar market growth which was primarily driven by five countries: Egypt, South Africa, Kenya, Namibia, and Ghana. The continent’s solar assets experienced a growth of over 1.8 GW in new solar […]

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GWEC Predicts 330 GW of new Wind Capacity by 2023

The GWEC updated market outlook has predicted an additional 330 GW of new wind energy capacity will be added to the global energy market from 2019 to 2023 The Global Wind Energy Council’s (GWEC) recently released updated market outlook has predicted an additional 330 GW of new wind energy capacity will be added to the […]

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Evolution of Three Major EV Markets: China, US and India

The world’s fastest-growing electric vehicle markets – China, India, and the US – are going through a transition and in this, they are presenting unique understanding about the challenges that come up. The Rocky Mountain Institute has published a new whitepaper that looks at the penetration of electric vehicles in these three markets and has […]

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