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Energy
Germany Predicted To Set Renewable Energy Record In 2017
Clean Energy Wire is reporting that renewables will account for 33% of Germany’s total electricity usage once all the numbers for 2017 are in. That’s up from 29% last year. The projections are from the German Association of Energy and…
Macquarie Sells Off Solar Assets to Canada’s Fiera Infrastructure
Australian bank Macquarie has sold a 41MW bundle of solar assets to Canada’s Fiera Infrastructure, a subsidiary of investment giant Fiera Capital Corporation, for an undisclosed sum. The deal, announced yesterday, sees Macquarie hand over a set solar assets which…
Vestas & Northvolt Create Wind Energy Grid Storage Partnership
Headquartered in Denmark, Vestas is the largest manufacturer of wind turbines in the world. This week, it announced the formation of a partnership with young Swedish battery manufacturer Northvolt to improve the integration of grid-scale battery storage systems into wind…
‘My Priority’: Macron Promises to Use Nuclear and Renewables to Deliver Emissions Cuts
Fresh from the success of hosting the One Planet Summit in Paris last week, French President Emmanuel Macron yesterday underscored his commitment to decarbonising the country’s energy system. In an interview with broadcaster France 2, Macron said nuclear and renewables…
Statoil Chooses Younicos To Supply Battery Storage For Hywind Scotland Floating Wind Project
Statoil, the energy company backed by the Norwegian government, is the majority partner in the Hywind Scotland offshore floating wind farm that began operations in the past few weeks — the first floating wind farm in the world. Now, Statoil…
Paris: World Bank Will No Longer Finance Oil and Gas Projects Starting from 2019
In a move meant to aid countries reach greenhouse gas-curbing targets set by the 2015 Paris Agreement to limit global warming, the World Bank has announced that it will stop financing oil and gas projects starting from 2019. The announcement…
World’s Largest Solar-Wind-Storage Plant Planned for India
A wind, solar and battery storage plant is being planned for the southeastern Indian state of Andhra Pradesh, which has faced power woes in recent months due to grid failure. The renewable energy facility will consist of 120 megawatts of…