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EBRD Invests €18 mn in Terna Energy’s Green Bond

EBRD will provide Terna Energy with a EUR 18 million investment in the Greek company’s successful issuance of a seven-year EUR 150 million green bond. The European Bank for Reconstruction and Development (EBRD) has announced that in an attempt to step up its efforts to support renewables in Greece, it will provide Terna Energy with […]

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Next-Gen Battery That Combines Best of Lead and Lithium-ion Performance

Gridtential Energy and Crown battery have developed a new silicon wafer battery that they claim, combines the best of lead and lithium-ion performance. Gridtential Energy and Crown battery have developed a new silicon wafer battery that the two firms claim combines the best of lead and lithium-ion performance. Using technology similar to a solar cell, […]

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Adani Green Energy Commissions 50 MW Wind Capacity in Kutch

Adani Green Energy has commissioned 50 MW wind generation capacity in Kutch, a part of the 725 MW wind projects then firm is implementing in the region Adani Green Energy Ltd (AGEL) has announced through a corporate filing that it has commissioned 50 megawatts (MW) wind generation capacity in Kutch, Gujarat. The capacity commissioned is a […]

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Siemens Gamesa to Acquire Senvion’s European Assets for €200 mn

Siemens Gamesa has announced that it has reached an agreement to acquire selected European assets of the Senvion Group for EUR 200 million. Siemens Gamesa Renewable Energy has announced that it has reached an agreement to acquire selected European assets of the Senvion Group for EUR 200 million. The assets included in the transaction are […]

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Renewables to Grow by Nearly 1200 GW in Next 5-Years: IEA

A new report has predicted that the world’s total renewables-based power capacity will grow by 50 percent or 1200 GW between 2019 and 2024. A new report has forecasted that the world’s total renewables-based power capacity will grow by 50 percent between 2019 and 2024, and this increase of 1200 gigawatts (GW), which is equivalent […]

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IRENA Report on Future of Wind

Reducing carbon dioxide (CO2) emissions is at the heart of the world’s accelerating shift from climate-damaging fossil fuels towards clean, renewable forms of energy. In addition to fulfilling the Paris Agreement, renewables are crucial to reduce air pollution, improve health and well-being, and provide affordable energy access worldwide. Wind energy forms an important part of […]

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Asia Could Become the Dominant Market for Wind Energy: IRENA

Asia could grow its share of installed capacity for onshore wind from 230 GW in 2018 to over 2600 GW by 2050, becoming the global leader in the segment Asia could grow its share of installed capacity for onshore wind from 230 Gigawatt (GW) in 2018 to over 2600 GW by 2050, a new report […]

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Commonwealth of Virginia to Purchase 420 MW Renewable Energy

State-owned buildings and facilities in Virginia will soon be powered with renewable energy under a new agreement between the Commonwealth and Dominion Energy State-owned buildings and facilities in Virginia will soon be powered with renewable energy sources like wind and solar energy projects under a new agreement between the Commonwealth and power utility Dominion Energy. […]

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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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