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energy markets

Ørsted Commences Construction of its Largest Onshore Project

Ørsted announces final investment decision on the combined wind and solar PV project Helena Energy Center in South Texas and integrates the US trading team into the Onshore business. Ørsted has taken a final investment decision on its largest onshore project to date, the 518 MW hybrid wind and solar PV project, Helena Energy Center, […]

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Renewable Sector Springs Back to pre-COVID Levels in India: CEEW-CEF

The renewable energy sector in India has rebounded to pre-COVID-19 levels in Q3 FY21 following the restoration of supply chains, per CEEW-CEF The renewable energy sector in India has rebounded to the pre-COVID-19 levels in Q3 FY21 following the restoration of supply chains, according to a new quarterly analysis release by the CEEW-Centre for Energy […]

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MiaSolé, European Solliance Claim 26.5% Efficiency on Tandem Solar Cells

Hanergy owned MiaSolé Hi-Tech Corp and European Solliance Solar Research claim to have achieved a power conversion efficiency of 26.5% on a tandem solar cell. The new record builds on their previous record in 2019. The architecture combines two thin-film solar cell technologies: a top rigid semi-transparent perovskite solar cell with a bottom flexible copper […]

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Plus Power to Build Two Mega Battery Power Plants in New England

Battery storage system provider, San Fransisco based Plus Power has won the two biggest bids in the latest capacity auction held by the New England’s International Organization for Standardization (ISO). England ISO operates the transmission grid and competitive power markets in six Northeastern states. Plus Power focuses on standalone battery energy storage systems that foster […]

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Ørsted Reorganises to Position for Future Growth

Over the past decade, Ørsted has successfully undertaken one of the most profound transformations in the global energy industry, transforming from a fossil-based Danish utility business into a global leader in green energy. Over the next decade, global renewable energy markets are expected to grow at double-digit annual growth rates, and installed renewable capacity is […]

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European Renewable PPA Market Could Exceed 10 GW in 2021: Report

The European renewable PPA market is likely to exceed 10 GW in 2021, due to the growing offshore wind momentum throughout Europe and more. The European renewable energy power purchase agreement (PPA) market is likely to exceed 10 GW in 2021, due to continued momentum in Spain, the emergence of a strong subsidy-free market in […]

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Boralex to Acquire Interests in 7 Solar Plants in the US

Boralex Inc. (TSX: BLX) (“Boralex” or the “Corporation”) is pleased to announce that Boralex US Solar CIA LLC, a wholly owned subsidiary of the Corporation, has entered into binding agreements with Centaurus Renewable Energy LLC (“CRE”) and certain other investors to acquire their controlling interests in seven solar plants, located in the United States, for a […]

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71.3 GW of Wind Capacity in 2020, 348 GW by 2024: GWEC

According to the latest GWEC Market Intelligence, 71.3 GW of wind power capacity is expected to be installed in 2020 despite the impacts of COVID-19. According to the latest market outlook by GWEC Market Intelligence, 71.3 GW of wind power capacity is expected to be installed in 2020 despite the impacts of COVID-19, which is […]

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OPEC, GECF hold first high-level meeting

Representing the lifeblood of global economy, two of the world’s foremost energy organisations OPEC and the Gas Exporting Countries Forum (GECF) held their first high-level meeting today, highlighting the growing cooperation between the two organisations under the framework of the OPEC-GECF Energy Dialogue. The OPEC delegation was led by HE Mohammad Sanusi Barkindo, Secretary General, […]

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