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World
Statoil the Winner of US Federal Lease Auction for Wind Area Offshore of New York
Statoil said Dec. 16 that it has been declared the provisional winner of the U.S. government’s wind lease sale of 79,350 acres offshore New York. Statoil will now have the opportunity to explore the potential development of an offshore wind…
European Commission Approves Drax Biomass Subsidy
The share price of Britain’s biggest power station operator has jumped to a five-month high after the European commission approved subsidies for its conversion to burn wood pellets instead of coal. Drax was awarded a renewable energy subsidy contract by…
IEA Welcomes Italy’s Plan to Revisit Energy Strategy and Further Decarbonize Economy
In its latest country review of energy policies, the International Energy Agency praised Italy’s comprehensive long-term energy strategy and the acceleration of its efforts to comply with 2020 goals on renewable energy, climate change and energy efficiency. The IEA’s new…
Siemens Celebrates Topping Out Ceremony at New Wind Turbine Factory in Cuxhaven, Germany
A brisk, late November morning in Northern Germany provided backdrop to a ceremony held to mark completion of the structural supports of the factory slated to secure Siemens Wind Power’s position as purveyor of next generation wind turbine technologies. Behind…
It’s Official: Solar Is Becoming World’s Cheapest Form of New Electricity
For the first time, solar power is becoming the cheapest form of electricity production in the world, according to new statistics from Bloomberg New Energy Finance (BNEF) released Thursday. While unsubsidized solar has occasionally done better than coal and gas…
Harworth Seals Deal for New 5MW Solar Farm in Yorkshire
UK developer Harworth is expanding its clean energy portfolio with the announcement yesterday that a deal to build a new 5MW solar farm in North Yorkshire has been signed off. Kellingley Solar Farm, which will span 28 acres of land…
Lucid Motors Unveils Tesla-Killer Electric Car that Can Drive 400 Miles on a Single Charge
Automakers are starting to catch up to Tesla by launching longer-range electric vehicles – and Lucid Motors is one of the most promising start-ups to throw their hat into the ring. The company’s new Air EV will have a longer…