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offshore wind energy

EnBW Financial Results Q1 2021: Earnings Decrease “Temporarily”

German electric utility company EnBW Energie Baden-Wuerttemberg AG (ETR:EBK), headquartered in Karlsruhe, yesterday released the financial results of the first quarter of 2021. The company said that due to temporary effects, it reported slightly lower first-quarter earnings in 2021 than in the previous year. This is expected to even out over the course of the […]

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IHS Renewables Markets Attractiveness 2020 Rankings: US #1; India #6

London-based American-British information provider IHS Markit Ltd has released the results of another Global Renewables Markets Attractiveness Rankings for the period ending December 2020, which tracks the world’s countries’ attractiveness for investment for non-hydro renewables (offshore wind, onshore wind and solar PV). As the Biden Administration aims to significantly increase federal investment in renewable energy under […]

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‘Roadmap 2030’ : New India-UK Partnership Against Climate Change

At the India-UK Virtual Summit (Roadmap 2030 for a Comprehensive Strategic Partnership) held on Tuesday, Prime Minister Narendra Modi and the British Prime Minister Boris Johnson signed off on a new shared roadmap which will pave the way for a stronger engagement over the next decade in the key areas of people to people contacts, trade […]

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Equinor Acquires Polish RE Firm Wento With 1.6 GW Solar Portfolio

Equinor will buy 100 percent of the shares in Polish onshore renewables developer Wento from the private equity firm Enterprise Investors Equinor has completed an agreement to buy 100 percent of the shares in Polish onshore renewables developer Wento from the private equity firm Enterprise Investors for EUR 91 million in enterprise value, before customary […]

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Demand for Clean Minerals to Rise while Pursuing ‘Net-zero’ Goals: IEA

In the most comprehensive global study yet, IEA shows need for government action to ensure reliable, sustainable supplies of elements vital for EVs, power grids, wind turbines and other key technologies Supplies of critical minerals essential for key clean energy technologies like electric vehicles and wind turbines need to pick up sharply over the coming […]

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Brookfield Renewable Announces Strong First Quarter Results

Brookfield Renewable Partners L.P. today reported financial results for the three months ended March 31, 2021. “We had a strong quarter, as we executed on our key priorities, including investing in growth, delivering on our corporate contracting initiatives and bolstering our liquidity,” said Connor Teskey, CEO of Brookfield Renewable. “The tailwinds for renewables are accelerating as […]

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ReneSola Power Releases Preliminary First Quarter 2021 Results

Connecticut-headquartered solar project developer and operator ReneSola Ltd recently announced its preliminary unaudited financial results for the first quarter of fiscal year 2021, based on which the company now expects revenue for the first quarter of 2021 to exceed $20 million, higher than the previously announced guidance range of $18 million to $20 million. Additionally, gross margin […]

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Iberdrola, bp & Enagás to Study Largest Green H2 Production in Valencia

Bilbao-based Spanish energy giant Iberdrola has recently revealed that it is collaborating with gas and oil companies Enagas and bp to study the feasibility of  building, at bp’s refinery in Castellón, the first phase of the largest green hydrogen production facility in the region of Valencia. The study aims at examining the possibility of installing […]

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NYSERDA to repurpose former Benson mine into 20 MW solar plant

Yesterday, Governor Andrew M. Cuomo, the 56th governor of New York State, announced a lease-option agreement for the first build-ready site in New York State, under which the New York State Energy Research and Development Authority (NYSERDA) will repurpose the formerly mined land in St. Lawrence County into one of the largest solar projects in […]

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