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solar and wind

IFC, EBRD, and EU to Support First Solar Project in Armenia

IFC, EBRD and the EU have signed on to support the development of the first utility-scale solar power plant in Armenia, the 55 MW Masrik Solar Project. The International Finance Corporation (IFC), a member of the World Bank Group, the European Bank for Reconstruction and Development (EBRD), and the European Union (EU) have signed on to […]

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COVID-19 Flattens Q1 Wind Additions in Key Markets: Report

In Q1 2020, the wind sector saw a 19 percent drop in installations against the same period in 2019, mainly due to supply disruptions caused by COVID-19 Support schemes for the wind sector must be extended to prevent a prolonged slowdown in installations, according to a new analysis by Rethink Technology Research. In a quarterly […]

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Solar to Push Much of Remaining Coal Fleet in Texas Offline: IEEFA

New utility-scale solar will push much of remaining coal-fired power fleet across Texas into retirement in the next few years, finds a new report by IEEFA New utility-scale solar is poised to push much of the remaining coal-fired power fleet across Texas into retirement in the next few years, finds a new report by the […]

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Buoyed by Offshore Wind, Renewable Investments in 1H 2020 Climb 5%: BNEF

Renewable investments showed great resilience in the first half of 2020 against the economic slowdown due to the COVID-19, thanks to offshore wind energy. Renewable energy capacity investments showed great resilience in the first half (1H) of 2020, in the face of the unprecedented economic shock caused by the coronavirus pandemic, according to the latest […]

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Ørsted Acquires 227 MW Under Construction Solar Plant in the US

Ørsted is expanding its solar footprint with the acquisition of the 227 MW ac under construction Muscle Shoals solar project located in Alabama, US. Global offshore wind and renewable major Ørsted has announced that it is expanding its solar footprint with the acquisition of the 227 MW ac under construction Muscle Shoals solar project located […]

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Siemens Gamesa Launches new 3.4-145 Wind Turbine for Indian Market

Siemens Gamesa Renewable Energy has introduced its next-generation wind turbine, the SG 3.4-145 in India, optimised for wind conditions in the country. Siemens Gamesa Renewable Energy continues leading the way in India, one of the largest onshore markets in the world, with the introduction of its next-generation wind turbine, the SG 3.4-145. The new wind […]

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Reliance and bp Form Partnership for new Indian Fuels and Mobility

bp and Reliance Industries Limited have announced the start of their new Indian fuels and mobility joint venture, Reliance BP Mobility Limited (RBML). bp and Reliance Industries Limited (RIL) have announced the start of their new Indian fuels and mobility joint venture, Reliance BP Mobility Limited (RBML). Following initial agreements in 2019, the two teams […]

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APAC now the World’s Largest Wind Turbine Manufacturing Hub: GWEC

A new analysis has revealed that the Asia Pacific (APAC) has now become the world’s largest wind turbine manufacturing hub after a decade of development. A new analysis has revealed that Asia Pacific (APAC) remained a strong manufacturing hub for wind turbine OEMs with record-high supply-side deliveries. It adds that although most Asian suppliers have […]

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Nearly 14 GW of Wind Turbine Capacity Ordered Globally in Q1 2020: WoodMac

Q1 2020 saw nearly 14 GW of wind turbine capacity ordered globally, the second-highest first quarter on record, and equates to USD 13.4 billion. The first quarter (Q1) of 2020 saw nearly 14 GW of wind turbine capacity ordered globally. This is the second-highest first quarter on record and equates to an estimated USD 13.4 […]

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