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Nearly 73% of Germany’s Power Needs to be met by Renewables by 2030

The share of renewables in Germany reached 53.4 percent of the country’s power capacity mix in 2018 and is expected to reach 72.7 percent by 2030 A new report has revealed that the share of renewables in Germany reached 53.4 percent of the country’s power capacity mix in 2018 and is expected to reach 72.7 percent by […]

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Cost of Renewables in China to Match Coal Power by 2026: Report

According to new research, the cost of renewables is already cheaper than gas-fired power in China, and will match and better coal power by 2026 As China moves towards a subsidy-free era for wind and solar projects beginning in 2021, the economics of renewable power have come into the spotlight. According to new research China provincial […]

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Canadian Solar Signs O&M Agreement for 300 MW Solar Plant in Australia

Canadian Solar has signed O&M agreement with Gannawarra, Hayman and Daydream Solar Farm for three solar plants totaling 300 MW in Australia China-based Canadian Solar, one of the leading global solar power companies, has announced that it has signed an Operation and Maintenance (O&M) agreement with Gannawarra Solar Farm Pty Ltd, Hayman Solar Farm Pty […]

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Ireland’s RE Expansion Expected to Bring in Massive Investments by 2030

Ireland is expected to attract massive investment as the country is set to add 5.8 GW of renewable power capacity over the next decade Ireland is expected to attract massive investment as the country is set to add 5.8 gigawatt (GW) of non-hydro renewable power capacity over the next decade to reach a total 9.6 […]

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Portugal Awards World’s Lowest Cost Solar Contract

Portugal has for now become the country with the world’s lowest-cost solar PV contract. After it offered contracts worth just €14.76/MWh Portugal has for now become the country with the world’s lowest-cost solar PV contract. After the European nation offered the lowest ever contracts worth just €14.76 per Megawatt Hour (MWh), or $16.54 per MWh in the […]

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Resiliency to Drive US Microgrid Growth: WoodMac

A new report has predicted that the US microgrid industry may find substantial future growth in areas that are repeatedly affected by power outages, as customers seek out resiliency solutions. The U.S. microgrid industry may find opportunities for substantial future growth in geographical areas that are repeatedly affected by power outages, as customers seek out […]

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India Will Raise Import Duty on Solar Equipment Soon: R K Singh

India will increase import duty on solar equipment to encourage domestic industry in the coming years, Power Minister R K Singh said. India will increase import duty on solar equipment to encourage domestic industry in the coming years, Power Minister R K Singh said. He also announced that a storage policy will be unveiled soon which […]

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Chile Predicted to Have 50 Percent RE in its Energy Mix by 2030

Renewable energy is expected to comprise 50 percent in the Chile power mix by 2030, according to a new report by GlobalData Renewable energy, the only way forward to the global climate change mitigation and environmental requirements, is expected to comprise 50 percent in the Chile power mix by 2030, according to a new report. […]

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Ørsted Reports Strong Numbers for First Half of 2019

Ørsted has achieved an operating profit of USD 1.32 billion in first half of 2019, up 2% and on track to deliver its full-year guidance. Wind Major Ørsted’s Board of Directors approved the interim report for the first half year (H1) of 2019. The firm revealed that it has achieved an operating profit (EBITDA) of […]

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