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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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European Commission Approves €400 Mn Renewable Energy aid for Denmark

The European Commission has approved an aid scheme worth EUR 400 million to help Denmark reach its renewable energy targets The European Commission has approved, under EU State aid rules, a Danish aid scheme to support electricity production from renewable sources. The measure will help Denmark reach its renewable energy targets without unduly distorting competition […]

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Dominion Energy Seeks Projects to Increase Renewable Energy in Virginia

Dominion Energy Virginia is seeking proposals from developers for new solar, onshore wind and energy storage projects. The company issues annual Requests for Proposals (RFPs) to support the goals of the Virginia Clean Economy Act (VCEA) and help the company achieve its goal of net zero greenhouse gas emissions by 2050. Dominion Energy has made […]

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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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3.3 Million new Jobs in Wind Energy Sector by 2025: GWEC

A new analysis by GWEC has detailed that 3.3 million new wind power jobs can be created globally over the next five years. A new analysis by the Global Wind Energy Council (GWEC) has detailed that 3.3 million new wind power jobs can be created globally over the next five years thanks to major industry […]

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Lithuania Well Placed to Lead on Clean Energy in Baltic Region: IEA

Lithuania has made impressive headway in its clean energy transition in recent years but needs to take action in several key areas to accelerate progress towards its goal of climate neutrality in 2050, according to a new policy review by the International Energy Agency. The European nation is seeking membership of the IEA, which conducted the […]

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