Ørsted has revealed a new goal to reach an installed renewable energy capacity of 50GW by 2030, as the Danish energy giant seeks to become the world’s leading clean energy player by the end of the decade. Approximately €47 billion will be set aside between 2020...
New data from the International Renewable Energy Agency (IRENA) has found that over 260GW of new renewable energy capacity was installed around the world last year, despite the economic impacts of COVID-19. IRENA’s 'Renewable Capacity Statistics 2021' report found that new green energy capacity in 2020...
The non-executive chairman of Greencoat Renewables has described the outlook for the Irish clean energy investor as ‘very strong’, after releasing its latest full-year financial results for COVID-impacted 2020. Greencoat shared pre-tax profits of €14 million, down from €18.3 million in 2019, but revenues across the...
The UK’s Prime Minister Boris Johnson has pledged to power every home in the country through offshore wind energy within a decade, after announcing a £160 million package to upgrade ports and factories for building turbines. The scheme aims to create 2,000 jobs in construction and...
Amazon has bolstered its renewable energy portfolio with 300MW of new projects in Europe, the US and Australia, as the tech giant looks to reach 80% renewable energy by 2024 and 100% by 2030. In Australia Amazon will source 60MW of solar capacity from a project...
The Institute for Energy Economics and Financial Analysis (IEEFA) has forecasted that Indian will reach 144GW of renewable energy capacity by FY2021-22, putting the country on track to exceed its 275GW target by 2027. The research, titled ‘India’s electricity sector transition still on track despite a...
Wind energy generation in the UK reached a new high on Friday 8th February when Storm Erik battered the nation’s coasts, pushing wind turbines to produce over 15GW of energy. National Grid data revealed that 15.32GW was generated by wind power between 12.15pm and 1.45pm, providing...
The State Power Investment Corporation (Spic), one of China’s top five energy generators, has received planning approval for a 6GW wind farm in the North of the country, close to the Mongolian border. If constructed, the 3,800km2 Ulanqab Wind Power Base would be the largest onshore wind...
Sources of renewable energy accounted for just over 40% of Germany’s electricity production in 2018, overtaking coal as the country’s main source of energy for the first time. Coal-fired power accounted for 38% of Germany’s total energy supply last year, with its position set to further...
Enel has commenced operations at its 185MW HillTopper wind farm in the US state of Illinois, through its regional subsidiary Enel Green Power North America. The Italian power company invested around $325 million in the construction of the Logan County-based project, which is Enel’s first wind...