Search Results for renewable energy source
Thrive Renewables Funds 11.5 MW of Scottish Wind
British firm Thrive Renewables has supported 11.5 MW of wind power projects in Scotland with mezzanine loans, it said Thursday. Financing from Thrive Renewables has helped Renewable Energy Ventures (REV) complete in time the construction of the 6.9-MW Gevens wind…
Renewables Generate 5% of Luxembourg’s Energy
Luxembourg’s has more than doubled the amount of renewable energy it generates since 2004, Eurostat figures show. The proportion generated rose from 2.8% to 6.2% in 2015. As a proportion of energy consumed, in 2015 renewables generated 5% of the…
Renewable Energy Enables EU Climate Target Achievement At Lower Cost
Renewable energy can be developed in Europe at significantly lower cost than assumed in the modelling assessments accompanying the “Clean Energy for All Europeans”-Package. Since wind and solar energy are by far the cheapest energy sources for the low-carbon production…
BNEF: Renewables to Provide Nearly Half of Global Power Capacity by 2040
The dramatic collapse in renewable energy costs is showing no sign of abating, according to the latest report from Bloomberg New Energy Finance (BNEF). The influential analyst firm yesterday published its annual New Energy Outlook (NEO) Report, setting out its…
Duke Energy Behind North Carolina’s Proposed Solar Policy Change
Alongside Highway 401 in northern North Carolina is a 21st-century twist on a classic rural scene. A few miles outside of Roxboro, sheep graze among 5,000 panels at the Person County Solar Park, keeping the grass tidy on the rural…
NextEnergy Invests in ‘Subsidy-Free’ UK Solar Projects
In what could prove to be a major turning point for the UK’s embattled solar market, NextEnergy Solar Fund Ltd (NESF) has this week announced it has acquired a portfolio of projects it intends to develop “without subsidies”. The company…
Wind, Solar, & Energy Efficiency Replacing Coal In The UK
Wind and solar energy, as well as energy efficiency measures, are serving to replace the overwhelming majority of power which in the UK had previously been supplied by coal power, according to a new analysis conducted by Greenpeace’s Energydesk. The…