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wind energy

After a Slow 2018, IEA Expects 200 GW of RE Additions in 2019

After stalling last year, capacity additions of renewable power are set to bounce back with a 12 percent growth rate in 2019 to reach nearly 200 GW, according to the IEA. After stalling last year, global capacity additions of renewable power are set to bounce back with double-digit growth in 2019, to reach nearly 200 […]

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GE to Integrate 300 MWh Storage Facility With 200 MW Solar Plant in Australia

GE selected for the supply and integration of one of the largest grid-scale storage technology hybrid deployment in South Australia The Solar River Project and GE Renewable Energy have announced that GE has been selected for the supply and integration of one of the largest grid-scale storage technology hybrid deployment to be installed for the […]

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Google Announces Biggest Corporate Purchase of RE, 18 Deals Worth 1600 MW

Google, which is the world’s largest corporate buyer of renewable energy, has now announced what is the biggest corporate purchase of RE in history. Tech giant Google, which is the world’s largest corporate buyer of renewable energy (RE), has now announced what is the biggest corporate purchase of RE in history. The purchase is made […]

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IKEA Parent Company Acquires 49% Stake in 2 US Solar Projects

Ingka Group, the strategic partner to IKEA, has reached an agreement with CIP to acquire a 49 percent stake in two solar PV projects in Utah and Texas. Ingka Group, the strategic partner to the IKEA franchisee system, has reached an agreement with Copenhagen Infrastructure Partners (CIP) to acquire a 49 percent stake in two […]

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Siemens Gamesa Begins Negotiations for Senvion’s European Assets

Siemens Gamesa has won the exclusive rights to negotiate the acquisition of selected services and onshore assets in Europe from Senvion. Siemens Gamesa Renewable Energy has announced that it has won the exclusive rights to negotiate the acquisition of selected services and onshore assets in Europe from debt-laden German wind turbine maker Senvion SE. Senvion […]

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Evolution II Fund Reaches Final Close at $216 Million

Inspired Evolution has secured additional commitments, to reach total capital commitments of USD 216 million at the final closing of its Evolution II Fund. Investment management business, Inspired Evolution has secured a further USD 87.75 million in commitments from CDC Group, Cyane Holdings, the European Investment Bank, KLP Norfund Investments, Morgan Stanley Alternative Investment Partners […]

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EBRD Extends Renewables Financing by EUR 300 mn in Kazakhstan

EBRD is supporting Kazakhstan’s drive to promote renewable energy, with new funds under the Bank’s Kazakhstan Renewables Framework The European Bank for Reconstruction and Development (EBRD) has announced that it is pledging fresh funds to support Kazakhstan’s drive as a regional leader to promote renewable energy, with the help of a second phase of the Bank’s […]

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Calcium Instead of Lithium Can Make Better RE Batteries

A newly synthesized yet cheap chemical could be the answer to manufacture low cost and high power calcium batteries. The advent of renewable energy with its innate unpredictable nature has brought a global need for effective energy storage. This need has so far fuelled the demand for Lithium which can easily be stored, transported to the […]

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Volkswagen Unveils Its Affordable Electric Car ID.3

The electric car Volkswagen ID.3, which first made an appearance as a concept car in September 2016 at the Paris motor show has come a long way as the parent company is all set to start production of this electric car and launch it next year. The German carmaker and one of the world’s leading […]

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