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renewable energy resource

ICIS Initiates Europe’s First Market-Linked Renewable Hydrogen Assessments

ICIS, a global source of Independent Commodity Intelligence Services, has announced that it has launched the first hydrogen price assessments to reflect the market value of renewable electricity. ICIS said that this product will support participants with the intelligence needed to develop a liberalised clean hydrogen market and optimise energy transition resources. ICIS said that […]

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Energy Consultancy ABL Group to Assess 2 GW RE in South Africa

ABL Group- an energy and marine consultancy – has said that it been contracted by various developers to provide energy yield assessment for more than 2 GW of potential solar and wind power plants in South Africa. ABL said that about 1.5 GW of the energy yield assessment work is related to nine potential solar […]

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Saudi Arabia Sets Sights on Building Five Renewable Energy Projects

The Kingdom of Saudi Arabia is building five new projects for the production of renewable electricity. As per reports, the total capacity of the combined five RE projects will be 3,300 MW. The Saudi Power Procurement Company (SPPC) had announced recently that solar and wind sources will be employed to generate electricity. The company has […]

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Microsoft, Partners Launch Solar and Wind Energy Atlas – GRW

In a major development Microsoft, Planet Labs PBC and The Nature Conservancy have announced the plans to launch the Global Renewables Watch (GRW), a first-of-its-kind living atlas intended to map and measure all utility-scale solar and wind installations on Earth. Microsoft said that this will be done using artificial intelligence and satellite imagery that will […]

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Citizens Financial Group to Source 100% Renewable Power from Ørsted

Rhode Islands-based Citizens Financial Group has announced that it has entered into a power purchase agreement (PPA) with Ørsted to support the construction of the Sunflower Wind Project that will match 100% of Citizens’ power consumption across its entire operational footprint with renewable energy credits. Citizens said the Sunflower Wind Project is a 200 MW […]

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BHE Renewables to Invest $500m in RE-Powered Site in West Virginia

West Virginia Governor Jim Justice has announced that BHE Renewables, a Berkshire Hathaway Energy business, has entered into an agreement with the State of West Virginia to purchase more than 2,000 acres of land in Ravenswood, and develop it as a renewable energy microgrid-powered industrial site. The firm will be making an investment of $500m […]

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Norway’s Scatec to Set Up 3 GW Wind Energy Project in Egypt

According to a statement made by a spokesperson of the Egyptian Presidency, Norway’s renewable energy producer Scatec will be playing a greater role in Egypt for the renewable energy development. Spokesperson Bassam Essam Rady has said that the cooperation between Egypt and Scatec will be to develop new and renewable energy projects and also to […]

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North Sea Energy Cooperation Countries Eye 260-GW Offshore Wind by 2050

In major development that is expected to take Europe towards carbon free energy generation, the member countries of the North Sea Energy Cooperation (NSEC) group have announced that they would now target to add at least 260 GW of offshore wind energy by 2050. NSEC published the new targets after a meeting that was hosted […]

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US-Based CalWave Completes Open-Ocean Wave Energy Pilot Project Successfully

After 10 months of nonstop operation off the coast of San Diego, US-based wave energy developer company CalWave has completed its open-ocean wave energy pilot project. The project, which began operations in September 2021, was sponsored by the US Department of Energy (DOE) to showcase CalWave’s scalable and patented xWaveTM technology as a cost-effective, sustainable […]

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