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renewable energy resources

EDPR, Aker Solutions to Develop 500 MW Floating Wind Farm in S Korea

WindPower Korea, EDPR and Aker Solutions have formed a consortium to develop an initial 500 MW floating wind farm off the coast of South Korea WindPower Korea, EDP Renewables (EDPR) and Aker Solutions have formed a consortium with the ambition to develop an initial 500 MW floating wind farm off the coast of Ulsan Metropolitan City […]

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Winds of Change are Blowing in Africa: GWEC

The African continent is set for growth, the population is expected to grow by 1.4 percent each year until 2030. GDP is expected to grow by 4 percent. This development is demanding huge investments in infrastructure including the energy markets to keep up with the growth, access to electricity being one of the main challenges […]

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Bifacial Modules in the Spotlight with US Move

The move by the Trump administration to remove the exemption that had been granted to Bifacial modules from punitive tariffs on Chinese imports is a signal about the growing share of Bifacials in the US market. Under Section 201 tariffs , bifacial solar panels had enjoyed an exemption in the U.S. market , granted in […]

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ADB Grants $37 Mn for Southeast Asia’s Largest Floating Solar Project

ADB has signed an agreement with DHD for the installation of a 47.5 MW floating solar facility which will be the largest such installation in Southeast Asia. The Asian Development Bank (ADB) has signed a USD 37 million loan agreement with Da Nhim–Ham Thuan–Da Mi Hydro Power (DHD) to finance the installation of a 47.5 […]

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Carnegie Mellon University Signs Multiyear RE Agreements With Engie

Carnegie Mellon University and Engie have agreed on multiyear energy agreements in which the university will purchase energy from a wind farm, and secure RECs Carnegie Mellon University (CMU) and Engie Resources, the North American subsidiary of French multinational electric utility Engie have announced a series of multiyear energy agreements through 2024 in which the […]

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Wind Turbine Market to Grow at 2.9% CAGR to 2023

A new report says the wind turbine towers market is expected to grow at a CAGR of 2.9 percent between 2019 and 2023 A new report has predicted has revealed that the wind turbine towers market is expected to grow at a compound annual growth rate (CAGR) of 2.9 percent between 2019 and 2023, thanks […]

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Modi Traces India’s Steps in Sustainability at UN

While addressing the UN climate summit on Monday, Prime Minister Narendra Modi reiterated that action taken so far is not enough. Prime Minister Narendra Modi counted the steps India has taken so far on sustainability in his address at the UN climate summit on Monday but added that what we have done already is far […]

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World’s Largest Solar Battery Plant to Come Up in LA

8Minute, the largest independent solar company in the US, is planning to build a massive new facility called Eland Solar & Storage Center for its Los Angeles utility. After rejecting 8Minute’s proposal in August this year, the Los Angeles Department of Water and Power (LADWP) last week approved the 400 MW / 1.2 GWh project […]

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MNRE Awards 4 Grants in 2nd Round of PACEsetter Fund

MNRE recently awarded grants to the four projects selected in the second round of PACEsetter fund programme. The Ministry of New and Renewable Energy (MNRE) has recently announced that it has awarded grants to the four projects selected in the second round of PACEsetter fund programme. The PACEsetter fund was constituted by India and the USA in […]

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