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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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Solar Energy Market: Paradigm Shift in India’s Power sector

Contributed By Gautam Das, CEO and Co-founder, Oorjan Solar’s Time Economy and the environment have to go hand in hand for sustainable growth. We have paid the price for economic growth at the cost of environmental damages. Fossil fuels, like petroleum and coal, are highly polluting and depleting at an alarming rate. Global warming and escalating pollution […]

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Pattern Energy and Uniper Sign Long-Term Power Purchase Agreement for New Mexico Wind Project

Power to be delivered from largest single-phase renewable energy build out in history Pattern Energy Group LP (Pattern Energy) and international energy company Uniper today announced they have signed a 15-year power purchase agreement for up to 219,000 MWh per year of wind energy in New Mexico, enough to power more than 20,000 homes annually. The […]

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New Energy Master Plan Must Aim to Favor Bangladesh Over Japan: IEEFA

JICA must deliver a low or zero emissions plan as promised, not fund Matarbari 2 coal plant Clear understandings from the Bangladesh government’s recently released 8th Five-Year Plan must be incorporated into the new energy and power master plan currently under development by the Japan International Cooperation Agency (JICA) to drive zero carbon transformation and […]

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