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UK to Hold 4th Renewable Auction Backed by $277 M

The UK government is allocating £200 million ($277 million) to support offshore wind projects in the fourth and biggest-ever round of its flagship renewable energy scheme. The Contracts for Difference (CfD) scheme is the UK government’s primary method of encouraging investment in low-carbon electricity. Launched in 2014, it is open to projects operating in Great Britain. It […]

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RWE to Procure 200 MW of Storage from LG for US Solar Project

German company RWE Renewables has signed contracts with South Korea-based LG Energy Solution to receive an integrated battery energy storage system (BESS) for two of RWE’s upcoming projects with co-located solar PV facilities in the U.S. “We’re delighted to join forces with LG Energy Solution to secure equipment helping us realize two important solar plus […]

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British Govt Planning for More Clean Energy in Next Round of CfD Scheme

The British Government has set out its next steps towards a green industrial revolution with ambitious plans for the next round of its flagship renewables support scheme. The British Government has set out its next steps towards a green industrial revolution with ambitious plans for the next round of its flagship renewables support scheme. The […]

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Total Portrays Resilience in Third Quarter Results

Total SE’s Board of Directors met on October 29, 2020, under the chairmanship of CEO Patrick Pouyanné to approve the Group’s third quarter 2020 financial statements. On this occasion, Patrick Pouyanné said: “After a second quarter in which the Group faced exceptional circumstances with oil prices falling below $20/b and a very strong slowdown of […]

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COVID-19 Will Permanently Reduce Global Energy Demand: DNV GL

According to a new report, the behavioral and economic ramifications of COVID-19 will permanently reduce global energy demand. According to the recently published Energy Transition Outlook by DNV GL, the behavioral and economic ramifications of COVID-19 will permanently reduce global energy demand. The report finds that compared to the pre-pandemic forecast, energy demand will be […]

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Renewable Energy Industry Must Face up to new Realities: Willis Towers

Willis Towers Watson has identified several new realities that the renewable energy industry needs to face up to at the beginning of the new decade. Willis Towers Watson, a leading global advisory, broking and solutions company, today launched its inaugural Renewable Energy Market Review for 2020. The Review identifies several new realities that the industry […]

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EDP Issues EUR 600 Million Green Bond

EDP has priced an issuance of green bonds of € 600 million, the proceeds of which will be used for the financing or refinancing its green project portfolio EDP Finance BV has priced an issuance of a green bond in the total amount of EUR 600 million maturing in September 2026 with a coupon of […]

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Repsol Closes in on RE Target with Addition of 794 MW Pipeline

Repsol has announced that it will develop three new RE projects consisting of 2 wind farms and a solar plant with a combined installed capacity of 794 MW Madrid-based energy company, Repsol has announced that it will develop three new renewable energy (RE) projects consisting of two wind farms and a solar PV power plant […]

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Engie’s Renewable Energy Capacity in India Exceeds 1500 MW

Engie has announced that following a series of successes in auctions, its total renewable capacity in India now exceeds 1500 MW. French multinational electric utility, Engie has announced that following a series of successes, its total renewable capacity in India now exceeds 1500 MW. The company has revealed in a statement that it was was […]

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