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1400 GW of Offshore Wind Achievable by 2050 With Increased Govt Commitment: OREAC

OREAC is calling on governments to ramp up their offshore ambition to achieve the coalition’s vision of 1400 GW of offshore wind by 2050 The Ocean Renewable Energy Action Coalition (OREAC) is calling on governments to ramp up their offshore renewable energy ambition to achieve the coalition’s vision of 1400 GW of offshore wind by […]

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Vestas, Siemens Gamesa and GE Will Capture 60% of Global Market by 2029: WoodMac

The top three wind turbine OEMs – Vestas, Siemens Gamesa and GE – will increase their combined global market share to 60 percent by 2029. According to a new report, the top three wind turbine players (OEMs) in the world, in Vestas, Siemens Gamesa Renewable Energy and GE Renewable Energy, will increase their combined global […]

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Engie North America Partners With Climate Investor For Distributed Generation Portfolio

ENGIE North America and Hannon Armstrong, a leading investor in climate change solutions, announced a new partnership to jointly invest in a Distributed Generation (DG) portfolio of solar and solar-plus-storage assets located across the United States. The portfolio is comprised of a diversified set of community solar and commercial & industrial (C&I) ground-mounted, carport and rooftop […]

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As Battery Cell Prices Hit $110/KWH, Challenges Remain- Report

According to Benchmark Mineral Intelligence’s study, Lithium-ion battery cell prices have decreased from $290/kWh in 2014 to $110/kWh in 2020 (large contract automotive), and there is a view in the lithium-ion industry that this trend will continue indefinitely. This in turn will lower the price of electric vehicles and bring cost parity between the internal […]

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Gas is Natural Partner of the World in Recovery: GECF

Natural gas embodies all the attributes required to achieve the multidimensional challenges of environmental protection, energy access, and affordability in a world stepping onto the road of recovery, the Gas Exporting Countries Forum Secretary General Yury Sentyurin said today at the 7th IEF-IGU Ministerial Gas Forum, hosted virtually by the Government of Malaysia. “As the […]

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The Risk In Renewables, And How To Reduce It

The Fourth Plenary session at REINVEST 2020 looked at the risks in investing in renewables in India, and ways to mitigate those risks. A panel with India’s leading renewable financiers, developers and global players narrowed down the key issues and some possible solutions. Pankaj Jain, Additional Secretary, Department of Financial Services, Ministry of Finance, moderated […]

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Ecoppia IPO in Israel Signals Maturity In Robotic Cleaning For Solar

Ecoppia Scientific Ltd, the Israel-based leader in water-free solar panel cleaning robots, has raised USD 82.5 million from institutional investors in its initial public offering (IPO) in Tel Aviv. That has supported the firm’s IPO completion with the public. Listing should happen this week. The IPO values the company at around USD 300 million, it […]

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Preparing For a Renewable Future- The Business Models That Matter

If there is one thing the renewable energy sector cannot be accused of doing, it is to look back too much. The solar sector in particular has everything to look forward to, considering the strong momentum it has built up globally. The Covid-19 crisis has only sharpened those opportunities, and possibilities of even more support […]

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