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energy markets

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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JPMorgan Chase and Brookfield Renewable Launch Collaboration to Power Over 500 Offices and Branches in New York with 100 Percent Renewable Electricity

JPMorgan Chase and Brookfield Renewable today announced a five-year energy agreement for supplying clean, renewable electricity to over 500 of JPMorgan Chase’s real estate operations in New York State. Brookfield Renewable, which is, together with its institutional partners, an owner and operator of one of the world’s largest publicly traded renewable power platforms, will provide […]

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Green Term-Ahead Market Will Boost RE Trading in India

By August 2020, India had 88 gigawatts (GW) of installed renewable energy capacity. In the pipeline, as of June 2020, there was 47 GW of solar, wind and hybrid projects with another 24 GW of projects in the bidding phase (where tenders have been issued but auctions are yet to complete). And the start of trading on August 21, […]

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Our Aim is to Double Our Portfolio in the Next 2 years: ShriPrakash Rai

Canada -based AMP Energy has emerged as a significant player on the IPP side, including in India. The firm, which has stepped up its ambitions in India with a few recent wins in auctions, with bids as low as Rs 2.50 per unit, prides itself on empowering its different country operations. We got responses from […]

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Renewable Jobs Grew to 11.5 Mn in 2019, now Need Policy Support: IRENA

The latest IRENA report shows that jobs in the renewable energy sector reached 11.5 million globally in 2019, led by solar PV with some 3.8 million jobs. Renewable energy continues to bring socio-economic benefits by creating numerous jobs worldwide, according to the latest figures released by the International Renewable Energy Agency (IRENA). The seventh edition […]

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bp Shifts Focus; Planning for 50 GW Renewable Capacity by 2030

bp has introduced its new strategy that will reshape its business as it pivots from being an international oil company to an integrated energy company bp has introduced its new strategy that will reshape its business as it pivots from being an international oil company focused on producing resources to an integrated energy company focused […]

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