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Ørsted CEO Henrik Poulsen Resigns After 8 Years at the Helm

After eight years in the role, Henrik Poulsen has resigned from his position as CEO of Ørsted, will continue as CEO until January 31, 2021, at the latest. After eight years in the role, Henrik Poulsen has resigned from his position as CEO of Ørsted on June 15, 2020. He will continue as CEO of […]

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Germany Approves NECP, Targeting 30% Renewable Energy by 2030

The Germany Government has finally approved its 2030 National Energy and Climate Plan (NECP), aiming for 30 percent renewable energy by 2030. The Germany Government, just 20 days ahead of its EU Council Presidency starting in July, has finally approved its 2030 National Energy and Climate Plan (NECP). The country has also adopted a new […]

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Eneco Agrees PPA for Partial Output From 250 MW Dutch Wind Farm

Eneco has entered into a 15-year PPA recently with SwifterwinT, for the purchase of the power supplied by SwifterwinT’s 37 onshore wind turbines. Eneco has announced that it has entered into a 15-year contract recently with SwifterwinT, for the purchase of the power (PPA) supplied by SwifterwinT’s 37 onshore wind turbines. These turbines will produce […]

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Growatt Third Behind SolarEdge, SMA in Single Phase Inverter Shipments

Growatt with 11% market share of single-phase inverters in 2019, finished in the third-place in the PV Inverter Market Tracker by IHS Markit. Growatt, a leading Chinese manufacturer of PV string inverters took over 11 percent market share of single-phase inverters worldwide in 2019, coming in the third-place after SolarEdge and SMA according to PV […]

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Masdar to Design, Finance, Build and Operate 500 MW Wind Project in Uzbekistan

Masdar has signed an agreement to design, finance, build and operate a 500-MW utility-scale wind farm project in the Republic of Uzbekistan. Leading developer and operator of utility-scale renewable energy projects, Masdar Clean Energy has announced that it has signed an agreement with the Ministry of Investments and Foreign Trade of the Republic of Uzbekistan […]

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Ford and VW Sign Agreements for Joint Projects Including EVs

Ford and Volkswagen AG (VW) have signed agreements that expand their global alliance by agreeing to work on joint projects including EVs Two of the leading global automobile manufacturers, Ford and Volkswagen AG (VW) have announced they have signed agreements that expand their global alliance to meet rapidly evolving needs of their respective customers in […]

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Cheap Renewable Energy an Asset for COVID-19 Recovery Packages: Report

As COVID-19 hits the fossil fuel industry, a new report shows that falling renewable energy costs provide an opportunity for clean energy in recovery packages As COVID-19 hits the fossil fuel industry, a new report shows that renewable energy is more cost-effective than ever – providing an opportunity to prioritise clean energy in economic recovery […]

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Top 10 States for Wind Energy Installations and Potential in India

Here we attempt to list the top 10 states for wind energy in India based on the installed capacity and their wind potential (at 120 M agl). India has set a target of installing 175 gigawatts (GW) of renewable energy capacity in the country by 2022, of which a majority is proposed to be met […]

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Dramatic Fall in Cost of Funding Behind Record Breaking Solar Tariffs: IEEFA

The cost of solar continued to decline during the pandemic, driven by dramatic falls in the capital cost of solar (solar module costs) and in the cost of funding. The Institute for Energy Economics and Financial Analysis (IEEFA) in a new report has detailed that despite the devastating impact of the COVID-19 pandemic, during the […]

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