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Renewables to Grow by Nearly 1200 GW in Next 5-Years: IEA

A new report has predicted that the world’s total renewables-based power capacity will grow by 50 percent or 1200 GW between 2019 and 2024. A new report has forecasted that the world’s total renewables-based power capacity will grow by 50 percent between 2019 and 2024, and this increase of 1200 gigawatts (GW), which is equivalent […]

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IRENA Report on Future of Wind

Reducing carbon dioxide (CO2) emissions is at the heart of the world’s accelerating shift from climate-damaging fossil fuels towards clean, renewable forms of energy. In addition to fulfilling the Paris Agreement, renewables are crucial to reduce air pollution, improve health and well-being, and provide affordable energy access worldwide. Wind energy forms an important part of […]

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Asia Could Become the Dominant Market for Wind Energy: IRENA

Asia could grow its share of installed capacity for onshore wind from 230 GW in 2018 to over 2600 GW by 2050, becoming the global leader in the segment Asia could grow its share of installed capacity for onshore wind from 230 Gigawatt (GW) in 2018 to over 2600 GW by 2050, a new report […]

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Pre-Bid Meetings and Deadlines for 4 Tenders Rescheduled

SECI has announced the rescheduling of pre-bid meetings for 3 of its latest tenders and the extension in the bid submission deadline for another The Solar Energy Corporation of India has announced the rescheduling of pre-bid meetings for three of its latest tenders, and the extension in the bid submission deadline for another tender. The […]

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Commonwealth of Virginia to Purchase 420 MW Renewable Energy

State-owned buildings and facilities in Virginia will soon be powered with renewable energy under a new agreement between the Commonwealth and Dominion Energy State-owned buildings and facilities in Virginia will soon be powered with renewable energy sources like wind and solar energy projects under a new agreement between the Commonwealth and power utility Dominion Energy. […]

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EDPR, Aker Solutions to Develop 500 MW Floating Wind Farm in S Korea

WindPower Korea, EDPR and Aker Solutions have formed a consortium to develop an initial 500 MW floating wind farm off the coast of South Korea WindPower Korea, EDP Renewables (EDPR) and Aker Solutions have formed a consortium with the ambition to develop an initial 500 MW floating wind farm off the coast of Ulsan Metropolitan City […]

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Spain’s Ingeteam Secures R&D Loan from EIB

EIB will finance Ingeteam’s innovative activities by providing a EUR 70 million Innovation Loan under the Investment Plan for Europe. The European Investment Bank (EIB) will finance the innovative activities at Ingeteam by providing a EUR 70 million Innovation Loan under the Investment Plan for Europe. The goal of the agreement is to support Ingeteam’s research, development […]

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ADB Invests Rs 704 Crore in Thai Green Bond

ADB will invest Rs 704 crore in Energy Absolute’s green bond, proceeds from which will support the financing of the 260 MW Hanuman wind farm in Thailand. The Asian Development Bank (ADB) will invest 3 billion Thai baht (Rs 704 crore/ USD 98.7 million) in Energy Absolute’s maiden green bond issuance, proceeds from which will […]

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Siemens Gamesa Signs Turbine Contracts Worth 359 MW in Chile

Siemens Gamesa has signed 3 new orders to supply wind turbines worth a combined 359 MW in Chile for the development of wind projects Siemens Gamesa has recently signed three new orders to supply 359 MW in wind turbines to undisclosed customers in Chile, setting a record high of 640 MW of orders in the […]

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