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Search Results for renewable energy source
Hotels Must Cut Carbon Footprint by 90 Per Cent to Meet Paris Goals, Industry Leaders Admit
The hotel industry must eliminate 90 per cent of its carbon emissions by 2050 if the sector is to stay within the limits set out under the Paris climate agreement. That is the headline conclusion of a new report published…
Ørsted to Sell 50 Per Cent Stake in Giant Walney Offshore Wind Project
Renewable energy firm Ørsted – the Danish company formerly known as DONG Energy – has agreed to sell half its stake in the 659MW Walney offshore wind project currently under construction off the coast of Cumbria. The company announced yesterday…
EDF Sells Majority Stake in Five UK Wind Farms
EDF Energy Renewables announced plans to sell its majority stake in five wind farms across Cambridgeshire and Lincolnshire for £98m in order to release equity to invest in developing further renewable projects elsewhere in the UK. However, while selling its…
India’s Essel Infra To Sell 685 Megawatts Of Solar Power Assets
Another Indian company which has a substantial renewable energy portfolio is looking to sell off its solar power assets. Essel Infraprojects, part of the Essel Group, is looking for buyers for its 685 megawatts of solar power capacity, which forms…
Norwegian Firm Signs Deal For 2 Gigawatt Solar Project In Iran
At a time when the future of the Iran nuclear deal seems uncertain, European companies are pushing forward with renewable energy cooperation with the Middle East country. Norwegian solar modules manufacturer Saga Energy has reportedly signed an agreement with Iran’s…
Global Solar Market Demand Expected To Reach 100 Gigawatts In 2017, Says SolarPower Europe
European solar industry association SolarPower Europe has published a new analysis predicting that global solar market demand will reach 100 gigawatts for the first time ever this year, a 30% growth from 2016 levels. SolarPower Europe, the region’s member-led solar…
Solar Power Forecast: Record-Low Costs Expected to Keep Plummeting as Technology Improves
The already-plummeting costs of installing solar power could fall an additional 60 percent over the next decade, the head of the International Renewable Energy Agency (IRENA) said Monday. IRENA director general Adnan Amin told Reuters that the organization expects an…