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solar power

Report: Solar market to grow 20.5% until 2026

The global solar energy market was valued at $52.5 billion in 2018 and is projected to reach $223.3 billion by 2026, growing at a CAGR of 20.5% from 2019 to 2026.
Taipower

Taipower partners with DNV on its largest offshore wind farm

Taiwan Power Company has selected DNV for the provision of engineering services for offshore wind project Changhua Phase 11.
emissions

India’s narrow window for achieving net zero

India would need to generate at least 83% of its electricity from renewable energy sources by 2050, if it were to commit to achieving net-zero greenhouse gas emissions by mid-century.

Siemens Energy wins major gas turbine deal in China

Siemens Energy will supply two 460MW F-class gas turbine power islands for Phase Two of the Fengda Power Plant Natural Gas Power Generation Expansion Project.
wind farms

PEI Connect: China takes lead in global wind sector

We consider the latest market intelligence from the Global Wind Energy Council, that puts China in pole position installing 52GW of new wind power capacity.

BayWa completes acquisition of Scottish wind farm

Global renewable energy developer BayWa r.e. has completed the acquisition of High Constellation Wind Farm in Scotland from Blue Energy.

Analysis: How offshore wind impacts the electricity market design

Paul Giesbertz, Head Advisor Market Policies & Regulatory Affairs at Statkraft, explains why hybrid assets are relevant to the design of the European electricity market.
China

GWEC: China breaks world record with 2020 wind installations

2020 was a record year for wind power growth in the Asia Pacific, with China installing 52GW of new wind power capacity.

Iberdrola and Enel team up with Volkswagen and BP to accelerate...

Utilities Iberdrola and Enel, as well as energy company bp, have teamed up with the Volkswagen Group to decarbonise the transport sector through e-mobility.

Coal financing totals $1T globally despite race to net zero

A new report indicates that financing support for coal is still robust despite political pressures.

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