Scottish Government Awards £2 Million In Grants To Fund Offshore Wind Innovation
The Scottish Government announced £2 million in funding this week to encourage innovation in the offshore wind energy sector and to reduce development costs.
The Scottish Government announced £2 million in funding this week to encourage innovation in the offshore wind energy sector and to reduce development costs.
Australian renewable energy and storage company Genex Power this week announced it has secured AU$516 million (US$382 million) in financing from the Northern Australia Infrastructure Facility for a 520 megawatt (MW) solar PV and pumped-hydro storage project.
The American Council on Renewable Energy has this week announced the launch of a new campaign that aims to spur $1 trillion in new US private sector investment by 2030 for the renewable energy sector and enabling grid technologies.
The European Union’s governing bodies have this week sealed negotiations on three separate objectives of the so-called Energy Union including the previously-reported 32% renewables target, as well as a goal of 32.5% energy efficiency savings and a 40% reduction in greenhouse gas emissions.
Bloomberg New Energy Finance released its latest New Energy Outlook report for 2018 and it’s good news for the renewable energy industry, with wind and solar expected to grow to almost 50% by 2050, coal to shrink to 11% of global electricity generation, and batteries to increase in popularity as prices plummet.
The United States imposed an additional 25% tariff on imported Chinese solar cells and modules last week in America’s steadily escalating trade war with one of the world’s most dominant economies and international powers.
Israel-based solar PV inverter manufacturer SolarEdge has this week filed a patent infringement lawsuit in Germany against Chinese IT company Huawei, its German subsidiary, and the German distributor for Huawei WATTKRAFT Solar.
National Grid, the electricity and natural gas supplier to the US Northeast, has unveiled its ‘Northeast 80×50 Pathway’ intended to “drastically” reduce emissions in its operating area by 80% below 1990 levels by 2050.
Suniva, the Chinese-owned, US-based solar manufacturer which instigated the Section 201 trade case that led to the imposition of 30% tariffs on all imported solar cells and modules, has this week been released from bankruptcy proceedings thanks to the intervention of SQN Capital Management.
American telecommunications giant AT&T has announced it has signed a new 300 megawatt (MW) Power Purchase Agreement (PPA) with Florida-based electricity supplier NextEra Energy Resources to accompany a previous 520 MW deal signed in February.