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Search Results for renewable energy source
Green Light for Swindon Council’s Giant 50MW Battery Project
Swindon could soon become home to one of the UK’s largest energy storage projects, after a council-backed company secured planning permission for a giant 50MW facility on a brownfield site in the town. Public Power Solutions (PPS), a wholly-owned company…
Canadian Solar Sells 235 Megawatt California Solar Portfolio To Korean Utility
One of the world’s largest solar companies, Canadian Solar, announced this week that it had completed the sale of a portfolio of Californian solar projects worth 235 megawatts (MW) to Korea’s largest electric utility Korea Electric Power Corporation. Canadian Solar…
Macquarie Group Invests In 226 Megawatt Australian Murra Warra Wind Farm
The 226 megawatt (MW) Murra Warra Wind Farm Stage One has announced financial close this week after securing investments from developer Renewable Energy Systems and banking giant Macquarie Group, which will allow construction to commence immediately. Renewable Energy Systems (RES),…
Green Powerhouse: E.ON Agrees to Acquire Innogy from RWE in €43bn Deal
E.ON yesterday confirmed it has reached an agreement in principle to acquire rival RWE’s stake in renewables specialist Innogy in a deal worth an estimated €43bn that is set to reshape the European energy market. The German energy giants confirmed…
As The Glaciers Of The Swiss Alps Melt, Hydroelectric Firms Look Toward Wind Power
Over the coming decades, some of the rivers in Europe that utilize hydroelectric facilities to generate electricity are expected to see greatly reduced water flows due to the rapid disappearance of glaciers in the Swiss Alps. As a result, some…
Researchers Unveil Several Ways to Limit Global Warming to 1.5°C by 2100
A group of researchers led by International Institute for Applied Systems Analysis has used new modelling scenarios to showcase several ways with which to limit global temperature rise to 1.5°C by 2100. According to their research, “Scenarios towards limiting global…
Statoil Acquires 50% Interest In 1.2 Gigawatt Polish Offshore Wind Farms
Norwegian oil and gas giant Statoil has announced this week it has signed an agreement to acquire a 50% interest in the early phase development of two offshore wind farms in Poland with a combined capacity of 1.2 gigawatts. Statoil,…