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renewable energy sources

World’s 1st Solar-Hydro Plant for Longer Duration Energy Storage: ARENA

On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced $15 million in funding to RayGen Resources Pty Ltd (RayGen) to construct its first of a kind ‘solar hydro’ power plant comprising 4 MW of solar PV generation and 3 MW / 50 MWh (17 hours) of dispatchable storage capacity […]

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Bengaluru Airport Becomes Net Energy Neutral, Saves 22 Lakh Units

On World Environment Day, Bangalore International Airport Limited (BIAL) announced that the Kempegowda International Airport, Bengaluru has achieved net energy neutral status in the fiscal year 2020-21. BIAL considers this one of its ambitious goals as it already set the target to become Net Energy Neutral by 2020-21. Even it claims to begin 2021-22 promisingly […]

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5 Energy Megatrends for Latin America- Chinese Dominance, Cyberattacks And More

Americas Market Intelligence (AMI), a strategic research and business intelligence firm has released a new report, 5 Megatrends For Latin Americas Energy Sector for 2022 and Beyond  in which it has highlighted  five major changes taking place in Latin America’s energy sector: Cleaner fossil fuels gaining traction as Latin America’s green energy market expands. China’s control […]

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Global Energy Investments Far From a Net Zero Pathway: IEA

As spending rebounds towards pre-crisis levels, not enough is going into clean energy, especially in emerging market and developing economies, new IEA report finds Global investment in energy is set to rebound by nearly 10% in 2021 to USD 1.9 trillion, reversing most of last year’s drop caused the Covid-19 pandemic, but spending on clean […]

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Wärtsilä’s Energy Storage Projects in Philippines Achieves Final Commission

Finnish manufacturer and service provider of power sources and other equipment in the marine and energy markets, Wärtsilä Corporation announced the final commissioning of the first two of its multiple energy storage projects in the Philippines. Wärtsilä has had signed many projects with SMC Global Power Holdings Inc. through its subsidiary, Universal Power Solutions Inc., […]

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GE Energy & Glosten Build a 12 MW Floating Offshore Wind Turbine

Researchers working at California-based GE Renewable Energy, one of the world’s leading wind turbine suppliers, recently unveiled details of an ongoing two-year, $4 MM project to develop advanced technology to support a 12 MW floating offshore wind turbine. For this project, which comes under the ARPA-E’s ATLANTIS (Aerodynamic Turbines Lighter and Afloat with Nautical Technologies and […]

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GE Renewable Energy Bags Big Onshore Wind Contract in Southeast Asia

California-based GE Renewable Energy announced yesterday that it has secured a contract with BIM Wind JSC to supply, install and commission GE Cypress onshore wind turbines for BIM Wind’s 88 MW wind farm located in Ninh Thuận Province, South Central Vietnam. Combining onshore and offshore wind, blades, hydro, storage, utility-scale solar, and grid solutions as […]

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EDP Group to Invest Over €1 Billion in Green Energy in Galacia, Spain

Lisbon-headquartered electric utilities company EDP- Energias de Portugal recently announced its plans to invest more than 1 billion euros in Galicia, Spain, over the next 10 years, to develop renewables and support the region’s on-going transition to a new energy and economic model, within the framework of the European Next Generation funds. The Portugal company […]

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Spain’s Policy Plans to bring Successful Energy Transition through RE: IEA

Spain has laid out ambitious plans to transform its energy system, requiring strong policy support to ensure the needed investments, new IEA policy review says Spain has made considerable progress towards its goal of reaching net zero emissions by 2050, but future gains need to be supported by stable policies, adequate public financing and incentives […]

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