The UK Committee on Climate Change has concluded that Scotland should maintain its high ambition toward reduction of greenhouse gases moving forward. In a new report published this week by the Committee on Climate Change (CCC), Scottish emissions targets 2028-2032, the authors concluded that the Scottish Government should attempt to maintain its … [continued]
Shanghai-based solar manufacturer JA Solar saw solid and continued growth through 2015 in revenue, sales, and operating margin, encouraging the company to expand its manufacturing capacity this year. JA Solar published its Fourth Quarter and Fiscal Year 2015 financial results this week, and though the company’s fourth quarter earnings fell … [continued]
American solar energy company Vivint Solar reported across-the-board growth for its Q4’15 and FY’15 report, but things are still heading downhill for the company. On Monday, Vivint Solar revealed that it installed 230.7 MW in 2015, with a total of 58.6 MW in the fourth quarter. The total number of rooftop … [continued]
Swedish energy firm Vattenfall announced this week that it has started development on the 3.6 GW Norfolk Vanguard offshore wind farm. Last week, the UK’s Crown Estate announced finalized revisions to its Round 3 offshore wind farm development agreements with DONG Energy, ScottishPower Renewables, and Vattenfall — though at the … [continued]
A new report published this week has shown that offshore wind costs continued to fall through 2015, and are on track to reach £100/MWh by 2020. The report was delivered by the UK’s Offshore Wind Programme Board, which exists to drive offshore wind cost reduction, and assess risks and barriers to … [continued]
Near-term growth in the wind energy sector is being driven by a winding down of policy incentives, and heading towards a 2018 policy induced demand peak. These are the conclusions made by renewable energy intelligence firm, MAKE Consulting, in its recently published Q1/2016 Global Wind Power Market Outlook Update. Specifically, the … [continued]
Canadian Solar, one of the world’s leading solar manufacturers and developers, stamped its authority on the market, reporting record shipments and sales for 2015. The Canada-based ‘Silicon Module Super League’ (SMSL) member reported its fourth quarter 2015 and full year 2015 financial report this week, and it was good news across … [continued]
Once the world’s leading renewable energy developers, SunEdison, is now facing tumbling share prices and the demise of $10 billion in market value. Fourteen Months Of Pending Doom It was just over a year ago that SunEdison and its first yieldco, TerraForm Power, announced closure on the $2.4 billion acquisition … [continued]
Fossil fuels are set to lose out as Japan continues its on-going power sector transformation, according to the Institute for Energy Economics and Financial Analysis. A new briefing published by the Institute for Energy Economics and Financial Analysis (IEEFA) published this week concluded that, “As Japan’s electricity sector evolves, coal dependency will … [continued]
After a run in with Donald Drumpf, the European Offshore Wind Deployment Centre has seen the beginning of offshore works start this month. The European Offshore Wind Deployment Centre is being developed by Aberdeen Offshore Wind Farm Limited (AOWFL), itself partnered between Vattenfall and Aberdeen Renewable Energy Group (AREG). Vattenfall announced on its website … [continued]
