Renewable Energy

GWEC: Wind turbine sizes keep growing as industry consolidation continues

May 28, 2020 Anand Gupta

According to the report, 22,893 wind turbines were installed globally in 2019 produced from 33 suppliers and accounting for over 63 GW of capacity, a new supply side record in terms of capacity for the industry MANGALURU: The Global Wind Energy Council (GWEC) has published its second edition of its annual Supply Side Analysis 2019 […]

Renewable Energy

Researchers released global map of renewable energy sites

May 21, 2020 Anand Gupta

To better predict the future of renewable energy, researchers have mapped all solar and wind sites across the globe. Researchers at the University of Southampton claim to be the first to have mapped all solar and wind energy sites across the globe, which they said will provide a valuable resource to assess the potential […]

Renewable Energy

RECAI 55: Renewable energy is set to play a central role in the post COVID-19 economic recovery, but the global picture is mixed

May 20, 2020 Anand Gupta

The response to COVID-19 has brought much of the global economy to a halt, with consequent shocks to energy demand, global supply chains and capital markets. While the contours of a post-pandemic economy are not yet clear, there is reason to believe the renewable energy sector will prove resilient. Certainly, renewable energy is not immune […]

Renewable Energy

5 Wind Energy Giants Embracing Solar Power

May 20, 2020 Anand Gupta

More heavyweight wind developers are betting big on solar. Here are five to watch in the decade ahead. Onshore wind is now the leading renewable energy technology in the U.S., and it’s still knocking competitors out of the way. Last year wind overtook hydropower in total generation, and 2020 is on track to be a […]

Renewable Energy

Zimbabwe tenders for 500MW solar power plants in renewable energy drive

May 19, 2020 Anand Gupta

HARARE: Zimbabwe’s state power transmission company has invited bids for the construction of 500 megawatts (MW) of solar power plants as part of a drive to increase its use of renewable energy and end power cuts. The southern African nation since last year has endured cuts, known locally as load shedding, lasting up to […]

Renewable Energy

Estimating Power Plant Generation in the Global Power Plant Database

May 15, 2020 Anand Gupta

The benefits and costs of power plants, including their environmental impacts, depend on their technology and on how much electricity each plant actually generates. However, plant-level generation data are not reported in most countries. This technical note documents methods to estimate the annual electricity generation of power plants for the Global Power Plant Database. […]

Renewable Energy

Lithium, cobalt production to soar as demand for clean energy increases: World Bank

May 13, 2020 Anand Gupta

It estimates that over three billion tonnes of minerals and metals will be needed to deploy wind, solar and geothermal power as well as energy storage required for achieving a below two degrees celsius future Washington DC : A new World Bank Group report shows that production of minerals like graphite, lithium and cobalt could […]

Renewable Energy

CIT Group Provides $217 Mn Financing for 200 MW Solar Project in Ohio

May 12, 2020 Anand Gupta

Innergex Renewable Energy has closed construction financing, a tax equity commitment, and secured a seven-year term loan facility for the 200-MW Hillcrest solar project in Brown County, Ohio. The $191.8 million financing was led by CIT’s Power and Energy group and includes MUFG and Mizuho, as well as Wells Fargo as the tax equity investor. […]

Renewable Energy

Wind energy industry can generate 4 million jobs globally by 2030: GWEC

May 8, 2020 Anand Gupta

“Wind energy has been a major creator of skilled jobs and community benefits. Direct and indirect jobs in wind energy sector will more than triple from 1.2 million in 2018 to nearly 4 million globally by 2030,” the global industry body said in a statement New Delhi: Wind energy sector can generate employment for four […]

Renewable Energy

First Solar to supply 415 MW of Series 6 modules to Geronimo Energy

May 7, 2020 Anand Gupta

US thin-film photovoltaics (PV) maker First Solar Inc (NASDAQ:FSLR) has signed a framework agreement with Geronimo Energy for the supply of Series 6 modules with a combined direct current (DC) capacity of 415 MW. The deliveries under this new deal will be made in 2022. The latest agreement brings to more than 1.4 GW DC […]

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