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DTE Energy Files Plan to add an Additional 420 MW Solar by 2022

DTE Energy has updated its MIGreenPower voluntary renewables plan with the MPSC, which includes bringing online an additional 420 MW of solar energy by 2022 DTE Energy has announced that it has updated its MIGreenPower voluntary renewables plan with the Michigan Public Service Commission (MPSC), which includes bringing online an additional 420 megawatts (MW) of […]

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Vestas Bags 54 MW Multi-Brand Service Agreement in the Philippines

Vestas has secured an agreement with Vena Energy Vestas has secured an agreement with Vena Energy to service its 54 MW Gamesa turbines at Pililla Wind Project in Philippines. The agreement is Vestas’ first full scope multi-brand service deal in the country. Vestas prior extensive experience from servicing 3.6 GW Gamesa turbines globally, including Taiwan […]

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Iberdrola, SEAT and VW Partner up to Boost E-Mobility in Spain

Iberdrola, SEAT and Volkswagen Group Spain Distribution (VGSD) have signed a strategic collaboration agreement to jointly promote e-mobility in Spain. Iberdrola, SEAT and Volkswagen Group Spain Distribution (VGSD) have reinforced their commitment to the electrification of transport with the signing of a strategic collaboration agreement to jointly promote the deployment of sustainable mobility and e-mobility […]

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UK to Relax Legislations Making it Easier to Construct Large-Scale Batteries

The UK Government will be relaxing the planning legislation to make it easier to construct large-scale storage batteries to store renewable energy The UK Government has announced that it will be relaxing the planning legislation to make it easier to construct large-scale storage batteries to store renewable energy from solar and wind farms across the […]

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Ørsted & TSMC Sign World’s Largest Corporate Renewable PPA

Ørsted and TSMC have signed the largest ever renewable corporate PPA, under which TSMC will offtake the full production from Ørsted’s 920 MW Greater Changhua 2b & 4 offshore wind farm. Offshore wind major Ørsted and Taiwan-based TSMC have announced that they have signed a corporate power purchase agreement (PPA), under which TSMC will offtake […]

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EIB to Provide Support for 3 First-of-a-Kind Climate Action Projects

EIB has signed 3 agreements with leading European innovators to collaborate on the development and financing of new projects that address climate change. The European Investment Bank (EIB), one of the world’s largest providers of climate finance, has announced that it has signed three agreements with leading European innovators to collaborate on the development and […]

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Floating Solar to Generate 900% More Electricity Across APAC: IEEFA

Asia leads Europe in deploying floating solar, also known as floating photovoltaic (FPV), a new IEEFA report finds. Energy finance analysts Sara Jane Ahmed and Elrika Hamdi at the Institute of Energy Economics and Financial Analysis (IEEFA) note that power demand in the Philippines and Malaysia has dropped by as much as 16 percent during the COVID-19 […]

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Equinor Investing More in RE Projects Than all Other Oil Majors Combined

More than half (55%) of the investments made by global oil majors in renewable energy projects are expected to be invested by a single company – Equinor. Investments in solar and wind (RE) energy projects by the world’s major oil majors until 2025 are expected to exceed USD 18 billion, a new analysis by Rystad […]

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Renewables Increasingly Cheaper Than new Fossil Fuels Based Capacity: IRENA

Renewable power is increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by IRENA finds. Renewables are increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by the International Renewable Energy Agency (IRENA) finds. The report, ‘Renewable Power Generation Costs in 2019’, shows that more than half […]

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