More Renewable Energy Strategic Development News

Danish investment fund has €2bn for renewable financing


A Danish company has set up a €2bn ($2.2bn) investment fund which will focus on renewable energy projects in Europe and North America.

A winning formula for waste to energy power plants


For most power station operators the idea of using fuel that is not just free, but that they are actually getting paid to take, is probably something of an alien concept. But there is one generating industry where just such a model prevails, finds Ben Messenger

Bright forecast for sub-Saharan Africa's power sector


A new reports states that the power sector in sub-Saharan Africa offers a unique combination of transformative potential and attractive investment opportunites

Alstom wins $110m Brazilian windfarm connection deal


Alstom has been awarded a turnkey contract worth around €100m ($110m) to integrate wind farms into Brazil’s transmission grid.

China windpower capacity to treble by 2025


China’s installed wind capacity will treble from 115.6 GW this year to an estimated 347.2 GW by 2025, according to a new report.

Prysmian completes German HVDC offshore grid project


Prysmian Group has commissioned the high voltage direct current offshore grid connection project HelWin2, located in the German North Sea.

UK urged to end contradictory energy objectives and reboot renewables


The attractiveness of the UK renewables sector “remains marred by conflicting messages around its role in the country’s future energy mix”, according to a report from analysts at EY. 

Five major energy shifts predicted for global power market


Global power generation will experience five dominant trends over the next 25 years, putting unprecedented pressure on energy companies, utilities and policy-makers, according to Bloomberg New Energy Finance.

Chile signs marine energy centre pact


A marine energy research and development centre is to be established in Chile.

EMEA Projects of the Year winners revealed


The winners of the first Power Engineering International EMEA Projects of the Year have been revealed at a glittering awards ceremony.

Flexibility must be cornerstone of Europe energy transition says Siemens boss


Dr Wolfgang Konrad, chief executive of Siemens Distributed Generation, has said that one of Europe’s biggest energy transition challenges was the grid.

Europe ‘at risk and exposed’ by gas and oil import reliance


The director of energy at the European Commission has said that Europe is “extremely at risk and exposed” by its huge reliance on oil and gas imports.

Siemens signs $9bn deal with Egypt


Siemens has signed its single biggest ever order – worth €8bn ($9bn) – to provide gas-fired plants and wind power installations to Egypt.

Mexico could quadruple its renewables by 2030 says IRENA


Mexico could quadruple its share of renewable energy in its energy mix according to a report released by the International Renewable Energy Agency (IRENA).

Dong Energy hits 3000 MW offshore wind milestone


Dong Energy is hailing a wind power milestone as it has today installed 3000 MW of offshore wind capacity.

Brazil and Chile lead South America renewables drive


Brazil is predicted to spearhead new renewable energy growth in South America between now and 2017.

Hydropower market could hit 2000 GW says World Energy Council


The global hydroelectric power market, which already represents 76 per cent of all renewable global energy, has the potential to double to its capacity to 2000 GW by 2050 according to a World Energy Council report.

Alstom wins steam turbine order for UK biomass plant


Alstom has signed its third contract this year with Denmark’s Burmeister & Wain Scandinavian Contractor (BWSC) for a geared reaction steam turbine at a proposed biomass project in the UK.

Germany to retain wind power pole position with 2071 MW this year


Germany will cement its position as the world’s leading market for offshore wind turbine installations this year, according to new research.

IFC provides $97m to boost renewables in Turkey


The International Finance Corporation is providing a $97m package to increase lending to energy efficiency and renewable power projects in Turkey.