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Renewable Energy Can Support Resilient and Equitable Recovery
Advancing the renewables-based energy transformation is an opportunity to meet international climate goals while boosting economic growth, creating millions of jobs and improving human welfare by 2050, finds the first Global Renewables Outlook released by the International Renewable Energy Agency…
Renewables Account for Almost Three Quarters of New Capacity in 2019
The renewable energy sector added 176 gigawatts (GW) of generating capacity globally in 2019, marginally lower than the (revised) 179 GW added in 2018. However, new renewable power accounted for 72 per cent of all power expansion last year, according…
The Investment Case for Energy Transition in Africa
Falling technology costs have made renewable energy a cost-effective way to generate power in countries all over the world, which would drive further development and improved economy. Despite the tremendous efforts that have been deployed at national and regional levels,…
Oil Price Volatility Will Give a Boost to Renewables
Everyone loves low prices, but what the business community values most of all is predictability. The recent volatility in global oil markets — spearheaded by a fight to the death between Saudi Arabia and Russia — has sent the price…
Siemens Gamesa in Deal to Provide Clean Electricity to 240,000 People in Vietnam
Vietnam has some of the best wind resources in Southeast Asia. In an effort to tap the country’s potential and provide more clean energy to the country, Siemens Gamesa Renewable Energy will supply 25 SG 4.5-145 for one of the…
Battery Storage Paves Way for a Renewable-Powered Future
Battery storage systems are emerging as one of the key solutions to effectively integrate high shares of solar and wind renewables in power systems worldwide. A recent analysis from the International Renewable Energy Agency (IRENA) illustrates how electricity storage technologies…
Keravan Energia Invests in Energy Efficiency and Emission Reduction
KPA Unicon and Keravan Lämpövoima Oy, a subsidiary of Keravan Energia and an operator of a bio-power plant, have signed a contract for Unicon Condenser, which will significantly improve energy efficiency of the existing 80 MW bio-power plant and reduce…