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Electricity Market

Vestas Secures Full Wind Volume in Danish Auction Round

Vestas has won a 63 MW order to supply, install and commission 16 wind turbines for two projects in central Jutland in Denmark. Vestas has announced that it has won a 63 MW order to supply, install and commission 16 wind turbines for two projects in central Jutland in Denmark. With this order, Vestas has […]

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Flexible Grids key to Meeting Energy Transition Goals in 2020s: WoodMac

In the 2020s, traditional fuel-based generation will shrink as a proportion of the power mix. This will increase the flexibility needs of utility & power markets Over the next decade, traditional fuel-based generation will shrink as a proportion of the power mix. This will increase the flexibility needs of utility and power markets, according to […]

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Ørsted and TEPCO Establish JV for Offshore Wind in Choshi, Japan

TEPCO and Ørsted signed an MoU to establish a framework and organisational structure for the joint development of the Choshi Offshore Wind Project. In January 2019, Tokyo Electric Power Company Holdings (TEPCO) and Ørsted signed a memorandum of understanding to work jointly on offshore wind projects and have since then been working together to establish […]

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EnBW Begins Construction Work on 187 MW Solar Project

EnBW has begun constructing its “Weesow-Willmersdorf” solar park with an installed output of 187 MW on an area covering 164 hectares in Brandenburg. EnBW (Energie Baden-Württemberg) has announced that it is constructing its “Weesow-Willmersdorf” solar park with an installed output of 187 MW on an area covering 164 hectares. The solar park is located almost […]

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Canadian Solar Secures Financing to Invest in Solar Development in Italy

Canadian Solar has secured a EUR 55 million bilateral Revolving Credit Facility to fund the construction of a 151 MWp of solar PV portfolio in Italy Canadian Solar, one of the world’s largest solar power companies, has announced that it has secured a EUR 55 million bilateral Revolving Credit Facility with Intesa Sanpaolo to fund the construction of a 151 […]

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Uzbekistan Sees High Foreign Interest in its Renewable Energy Push

The Ministry of Energy of Uzbekistan has shared an update on progress towards the aim of generating a quarter of all electricity from renewable energy, by 2030. The Ministry of Energy of Uzbekistan has shared an update on progress towards the country’s ambitious aim of generating a quarter of all electricity from renewable sources, by 2030. “This […]

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Solar Accounted for 40% of new US Electric Generation Capacity in 2019

Solar accounted for 40% of all new electric generating capacity in the US in 2019, its highest share ever and more than any other source, with 13.3 GW installed Solar accounted for 40 percent of all new electric generating capacity in the US in 2019, its highest share ever and more than any other source […]

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Distribution the Weakest Link in India’s Power Sector: IEEFA

A new IEEFA briefing note has found that the power distribution sector is the weakest link in the entire value chain of the Indian power sector. The precarious financial health of Discoms coupled with a lack of competition is undermining India’s power distribution and generation sectors and hindering much needed new renewable energy investment, a […]

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Amazon Announces 4 new Wind, Solar Projects in Australia, Europe and US

Amazon has announced four new wind and solar power projects in Australia, Spain, Sweden, and the US, worth a combined 300 MW capacity E-commerce major Amazon has announced four new renewable energy – wind and solar power projects in Australia, Spain, Sweden, and the US that further support its commitment to reach 80 percent renewable […]

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