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Renewables in APAC to be Cheaper Than Coal by 2030, Led by India

A new report shows that most markets in the Asia Pacific (APAC) region can expect to see a cheaper levelised cost of electricity (LCOE) for renewables compared to coal by 2030. With India and Australia expected to lead the charge. The latest report by Wood Mackenzie tails that across the region, new investments in renewables […]

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Enel Plans to Invest €160 Bn by 2030 to Accelerate the Energy Transition

Enel has released its vision 2030 and announced that it is placing at the core of its strategy the acceleration of the energy transition. One of the biggest utilities in Europe – Enel has released its vision 2030 and 2021–2023 strategic plan. The firm has announced that it is placing at the core of its […]

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EU can be Self Sufficient in EV Battery Cells by 2025: VP Šefčovič

Maroš Šefčovič, VP of the European Commission has claimed that he expects that by 2025, the EU will be able to produce enough battery cells to meet the needs of the European automotive industry Europe now a global hotspot for #battery investment, showing we can achieve open strategic autonomy. In large part thanks to the #EUBatteryAlliance. […]

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British Govt Planning for More Clean Energy in Next Round of CfD Scheme

The British Government has set out its next steps towards a green industrial revolution with ambitious plans for the next round of its flagship renewables support scheme. The British Government has set out its next steps towards a green industrial revolution with ambitious plans for the next round of its flagship renewables support scheme. The […]

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Meteorological Factors Caused Unexpected Drop in India’s Wind Production: Analysis

Wind power production in India in Q2 and Q3 saw an unexpected drop due to low wind speeds caused by regional and global meteorological factors. A new analysis by US-based consultancy firm, ArcVera Renewables has found that wind power production in India in the second (Q2) and third quarter (Q3) of the current financial year saw an unexpected […]

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IRENA and GWEC Enhance Cooperation to Scale Up Renewables Globally

The International Renewable Energy Agency (IRENA) and the Global Wind Energy Council (GWEC) signed a cooperation agreement in order to join efforts aimed at increasing the adoption and deployment of wind and renewable energy worldwide. This agreement was signed by IRENA Director-General Francesco La Camera and GWEC CEO Ben Backwell on the occasion of the […]

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Eni and HitecVision new Renewable Energy JV “Vårgrønn” in Norway

The new joint venture will focus on renewable energy projects The global energy company Eni and the Norwegian energy entrepreneur and investor HitecVision have announced today the establishment of a new joint venture company, Vårgrønn, with the aim of developing new green energy projects in Norway and the Nordic market. The Vårgrønn JV, which marks […]

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Report Finds Biden Election as a Trigger for Solar Acceleration

A new report shows how the US election, the Chinese return to economic health post-Pandemic have completely restructured the global solar industry. A new report by Rethink Energy shows how the US election, the incredible Chinese return to economic health post-Pandemic, and the varying reactions to the pandemic has completely restructured the global solar industry. […]

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Investment Firm TRIG Acquires Stake in 714 MW East Anglia One Wind Farm

TRIG, a London-listed investment company, will acquire a 14.3 percent stake in the 714 MW East Anglia One offshore wind farm from GIG. The Renewables Infrastructure Group Limited (TRIG), a London-listed investment company advised by InfraRed Capital Partners and RES, has announced that it has exchanged contracts to acquire a 14.3 percent indirect equity interest/ […]

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