23 June 2017 12:01 PM GMT

Indian company Sterling and Wilson has won the contract for the world’s largest single location solar PV project. The Sweihan project in Abu Dhabi is for turnkey EPC as well as O&M; and is jointly developed by Japanese investment firm Marubeni, Chinese solar company Jinko Solar, and Abu Dhabi Water and Electricity Authority (ADWEA). It will deliver a capacity of 1177 MWp, surpassing the current largest 850 MWp single location plant in China. In March 2017, Marubeni and Jinko had signed a 25-year PPA with ADWEA on a tariff of $0.0242/kWh, making Sweihan also the plant with the lowest electricity price so far.

June 20th 2017
EDF, Canadian Solar Join Forces For One Of The Largest Solar Projects In LATAM

EDF Energies Nouvelles has acquired an 80% interest in the Pirapora II PV project (115 MWp) from Canadian Solar Inc., which is retaining a 20% stake and manufacturing the PV panels locally. It marks the latest step by EDF in Brazil’s renewable energy sector. With this addition, it now has 489 MW under construction, consisting of 183 MW (wind) and 306 MWp (solar). The project is located close to Pirapora I (191 MWp), also jointly owned by both companies. With a total installed capacity of over 300 MWp, the energy generated by both projects will cover the annual electricity consumption of 323,000 Brazilian homes.

June 16th 2017
New BNEF Report Highlights A Massive Shift to Wind And Solar, While Coal Fades

A new independent report from Bloomberg New Energy Finance (BNEF) states that clean energy such as wind and solar will account for almost 75% of investment in power generation worldwide, between now and 2014. New Energy Outlook 2017 estimates that overall $10.2 trillion will be spent on power generation technology in the next 22 years, with $7.4 trillion being spent on renewables. This year’s forecast sees solar energy costs dropping a further 66% by 2040, and onshore wind by 47%, with renewables undercutting the majority of existing fossil power stations by 2030.

June 7th 2017
Solar Power Exceeds Wind Installations; Can Surpass 80GW In 2017, 1TW In 2021

SolarPower Europe (SPE) has launched the ‘Global Market Outlook for Solar Power 2017-2021.’ The report confirms 2016 as another record year for solar, with global annual additions for solar growing by 50% with 76.6 GW installed. There’s now a total worldwide solar power generation capacity of 306.5 GW. James Watson, CEO of SPE said: “When looking at solar, the cost reductions experienced and predicted outstrip all other power generation technologies. Today, utility-scale solar is already cheaper than new gas, coal and nuclear power plants.”

June 4th 2017
Industry, Political Leaders United In Opposition To Trump’s 2018 Budget Slasher

The Trump administration has released its fiscal year 2018 budget proposal, which includes significant cuts to the DOE and EPA. Already, industry and political leaders are speaking out in response, as their fears are confirmed. The budget would make huge cuts in renewable energy research and eliminate agencies within the DOE that fund energy technology projects. Across the spectrum, many are voicing that the cuts could potentially ‘devastate’ an emerging economic sector, whilst also damaging its future prospects with major cuts to groundbreaking renewables research.

GWEC_STATS_LB_171  
May 23rd 2017
Mercedes-Benz Enters Energy Storage Market In US, Teaming Up With Vivint Solar

Mercedes-Benz Energy and Vivint Solar have announced an exclusive strategic collaboration to bring the Mercedes-Benz customizable home energy storage system to the US. The two companies’ joint offering provides customers with the German engineering and performance of Mercedes-Benz batteries, coupled with Vivint Solar’s expertise in designing, installing and servicing solar energy systems. The storage systems are based on the same Mercedes-Benz automotive-grade battery technology used in its electric and hybrid vehicles.

May 21st 2017
Russia: Abundance Of Renewables Can Fuel Growth; Quadruple Clean Energy By 2030

Russia can increase the share of renewables in its energy mix from roughly 3 percent today to more than 11 percent by 2030, according to new findings by IRENA. The growth in renewable energy use would represent nearly a fourfold increase in the share of renewables between 2014 and 2030. To implement the study’s recommendations, an annual investment of approximately USD 15 billion per year between 2015 and 2050 is required, but IRENA shows that the benefits can exceed costs when externalities related to human health and climate change are considered. According to current estimates Russia has the largest wind potential in the world.

April 26th 2017
GE Completes $1.65bn Acquisition Of World Leading Manufacturer Of Turbine Blades

With a stated objective of insourcing of blade manufacturing to strengthen its supply chain and increasing competitiveness by delivering greater value, GE Renewable Energy has completed its $1.65bn acquisition of Danish LM Wind Power; one of the world’s biggest producers of wind turbine blades, supplying not only GE’s existing renewables business but also rivals such as Gamesa of Spain and Goldwind of China. The deal is the biggest since GE created a separate renewables arm and LM Wind Power is to continue supplying wind blades to all industry players.

April 24th 2017
India’s Solar Objectives Get Major Boost with 750MW Rewa Ultra Mega Solar Park

India’s State Government of Madhya Pradesh has signed agreements making Rewa Ultra Mega Solar Park a reality and helping India get closer to its 100 GW solar energy goal by 2022. IFC, a member of the World Bank Group, is the lead transaction advisor for the project that will mobilise $550 million in private investment and avoid a million tonnes of GHG emissions. The 750 MW capacity project was auctioned in three packages of 250 MW each and will be one of the biggest single site solar projects in the world.

April 11th 2017
Morocco Rises: Starts Construction On The World’s Largest Solar Power Complex

In the presence of the Moroccan King, Mohammed VI, construction commenced on the country’s fourth power plant – NOORo IV – which will become the largest solar power complex in the world, providing electricity for 1.3 million people. After commissioning, at the beginning of 2018, the PV plant will enable annual savings of at least 56,000 tonnes in CO2 emissions. When all four power plants are combined, CO2 emissions will be reduced by around 800,000 tonnes every year. The Noor complex is scheduled to be completed by 2019 and supply a total of 580 MW of output power from three solar thermal energy plants and one photovoltaic plant.

April 4th 2017
Clean Energy Revolution For Japan: Inauguration Of Asia’s First E3 Power Plant

Six years after the natural disaster and the reactor catastrophe in the Fukushima prefecture, governor Masao Uchibori has inaugurated the first E3 power plant by pressing the button that starts the operations. The clean energy power plant by ENTRADE, located at the small health resort Nishigo, uses biomass which is available in the region – for instance pellets derived from waste wood and sawdust – to provide a hotel and a spa resort with electricity, heat and cooling. After the successful start-up of the pilot plant further E3 power plants shall be set up during the following weeks.

  1. Pages:
  2. 1
  3. 2
  4. 3
  5. 4
  6. 5
  7. 6
  8. 7
  9. ...
  10. 24