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wind energy

Rising Market Cap Fuels Acquisition Ambitions For US Renewable Energy Firms

Early in October this year, NextEra Energy, a renewable energy firm with almost 18 GW of solar and wind plants till last year, overtook Exxon Mobil in market cap for the first time ever. The event marked both the rising tide for renewable energy firms seen as leading the new energy transition, and the mark […]

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Iberdrola Pledges €75 Billion to Capitalise on Energy Transition

Ignacio Galán CEO of Iberdrola “After 20 years of anticipating the energy transition, our business model positions us as a key agent in the transformation of the industrial fabric. With our experience, our engagement with society and our financial strength, we are advancing a model for long-term sustainable economic growth capable of meeting the current […]

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71.3 GW of Wind Capacity in 2020, 348 GW by 2024: GWEC

According to the latest GWEC Market Intelligence, 71.3 GW of wind power capacity is expected to be installed in 2020 despite the impacts of COVID-19. According to the latest market outlook by GWEC Market Intelligence, 71.3 GW of wind power capacity is expected to be installed in 2020 despite the impacts of COVID-19, which is […]

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Scatec Solar ASA – SN Power to acquire its first wind farm in Vietnam

SN Power AS, has signed a binding agreement to acquire 100% of the shares in the 39.4 MW Dam Nai Wind Power Joint Stock Company in Vietnam from Mekong Wind Pte Ltd which is fully owned by the Singapore based Armstrong South East Asia Clean Energy Fund. Dam Nai Wind, is located in the “renewable […]

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Eos, Hecate to Deliver 1 GWh of Energy Storage Projects Across the US

Eos Energy Storage has signed a broad-ranging agreement to provide over 1 GWh of energy storage projects across the US to Hecate Energy Eos Energy Storage, a leading manufacturer of zinc battery storage systems, has announced that it has signed a broad-ranging agreement to provide over 1 GWh of energy storage projects at an estimated […]

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Grid Optimisation: a ‘no regret option’ to Allow More Renewable Energy

The expansion of wind energy continues despite COVID-19. And that requires the continued expansion of electricity grids. It also requires us to optimise and reinforce existing grids. In a new paper, WindEurope shows how available and proven technologies can optimise Europe’s existing grid infrastructure, and how this can help accommodate higher shares of renewables in […]

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Renewable Energy Solutions can be Backbone of Urban Decarbonization Efforts: Report

A new report by IRENA and IKI finds that renewable energy solutions can be the backbone of urban decarbonization efforts. A new report by the International Renewable Energy Agency (IRENA) and the International Climate Initiative (IKI) finds that renewable energy solutions can be the backbone of urban decarbonization efforts. The report ‘Rise of renewables in […]

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What Next for China’s Offshore Wind Industry Post-2021: GWEC

From its first 102 MW Donghai Bridge Wind Farm near Shanghai commissioned in 2010, China has since been busy building swathes of turbines at sea with nearly 7 GW of capacity already installed as of December 2019. While China is considered a late bloomer in the offshore wind industry, it is expected to surpass offshore […]

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