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Norway’s Biggest Oil Company to Build Huge Offshore Wind Farm Off Coast of New York
If everything goes to plan, New York City and Long Island will be harnessing the Atlantic Ocean’s strong and dependable winds as a source of renewable energy. Norway’s biggest oil company will be developing an offshore wind farm outside of…
UK Hits Clean Energy Milestone: 50% of Electricity from Low Carbon Sources
Half of the UK’s electricity came from wind turbines, solar panels, wood burning and nuclear reactors between July and September, in a milestone first. Official figures published on Thursday show low carbon power, which has been supported by the government…
France Officially Opens World’s First Solar Panel Road
France’s Minister of Environment Ségolène Royal has officially opened the world’s first solar road this week with one kilometer and 2,880 solar panels in Tourouvre-au-Perche. Now the country is waiting to see if the road, built with construction company Colas‘…
Primrose Solar Divests Entire Portfolio of UK Solar Farms
Renewable energy developer Primrose Solar has now divested its entire portfolio of solar farms, having announced the sale of its five remaining UK solar assets yesterday. The 80MW transaction has seen infrastructure investor Equitix acquire five sites from Primose Solar,…
Medium-Term Renewable Energy Market Report 2016
The International Energy Agency said today that it was significantly increasing its five-year growth forecast for renewables thanks to strong policy support in key countries and sharp cost reductions. Renewables have surpassed coal last year to become the largest source…
Las Vegas Now Runs Completely on Renewable Energy
From street lights to city parks, community centers and fire stations, all Las Vegas city-run spots are now powered entirely by renewable energy, making it the largest in the U.S. to use such sources. “We are now one of the…
Invest in EU: EUR 438 Million to Support Renewable Energy in Belgium
The European Investment Bank (EIB) will support the construction of the Norther wind farm off the Belgian coast with a loan of EUR 438 million. Half of this amount will be guaranteed under the European Fund for Strategic Investments (EFSI),…