Day: February 4, 2019
New York Sets Sights on Energy Efficiency and Storage with New Targets, Incentives
Last week, New York Governor Andrew M. Cuomo announced that the New York State Public Service Commission approved two initiatives to increase New York's energy efficiency and energy storage targets.
Massachusetts Wind-Farm Sites Spur $405 Million Bids
Three companies bid a record-shattering $405.1 million to nab U.S. rights to build offshore wind farms near Massachusetts on Friday, a testament to the surging appeal of renewable power and investors’ confidence in state demand for it.
GE's Power Business Marks `Ground Zero' as Market Awaits Rebuild
General Electric Co. is set to close out one of its worst years since the financial crisis, and 2019 may be another precarious one.
Siemens Gamesa Signs Second Russia Wind Deal with Enel
Siemens Gamesa Renewable Energy has won an order from Enel Russia for 201 MW of wind turbines.
Mercedes-Benz Signs PPA with Statkraft for 46 MW of Unsubsidized Wind Power Capacity
This week Mercedes-Benz Cars together with Statkraft announced that it is taking the first step on the road to realizing a CO2-neutral energy supply for its German plants.
France Will Save Billions By Investing in Renewables Instead of Nukes
France will save 39 billion euros ($44.5 billion) if it refrains from building 15 new nuclear plants by 2060, and bets instead on renewable energy sources to replace its all its aging atomic facilities, a government agency said.
Report: More than 680 GW of new wind to come online over next decade
According to the Global Wind Power Market Outlook Update: Q4 2018, more than 680 GW of new wind power capacity will come online globally over the next 10 years.
Investors Sought for Community Wind Farm on an Island Near Northern Scotland
An urgent plea is being made to potential investors to buy shares in a small community wind farm in the Hebrides in order to help reach its fundraising target of £350,000 by the end of the year.
Getting Renewables Strategy Right and Avoiding Pitfalls in Middle East
The outlook for renewables in the Middle East is encouraging. Recent tenders, such as in Saudi Arabia and neighboring Egypt, have demonstrated considerable investor appetite, competitive prices, and a strong market for clean energy.
The Yellow Vests Movement Isn’t Anti-Climate Action; It’s Pro-Social Justice
The Yellow Vests riots sweeping across France have grabbed headlines as governments gather in Katowice, Poland for the UN climate conference (COP24). This is the most widespread and violent protest in France since the 2005 suburban riots, and perhaps even 1968. While the unrest initially erupted as…