Global wind turbine order intake increased by 7% in the first quarter of 2019, eclipsing the previous record set a year earlier by 875 megawatts (MW), according to Wood Mackenzie Power & Renewables.
A new pilot initiative, the Global Climate City Challenge, will seek to address technical preparation and financing for cities across the world to strengthen investment in green projects and programs essential to improving regional resilience to climate change.
Latin America’s first combined concentrated solar power (CSP) and solar PV project is moving forward following the May closing of $758 million in financing by Cerro Dominador, a Chilean company owned by investment funds managed by EIG Global Energy Partners.
MAKE Consulting has predicted that annual wind power capacity additions will average out at more than 65 gigawatts (GW) between 2018 and 2027 thanks in part to the increasing demand in offshore wind and the expanding contribution of emerging markets.
Danish wind turbine manufacturer Vestas managed to hold on to its spot as the world’s leading wind turbine manufacturer in 2017, but its recent dominance may not last forever as Siemens Gamesa is narrowing the gap after its successful merger was completed early last year.
A new report published this week from GTM Research shows that the amount of solar PV trackers shipped in 2017 increased 32% year-over-year, as California-based NEXTracker retains its top spot and accounts for a third of all trackers sold last year.
For the past few years, Piauí, Brazil, has focused on generating jobs and generating renewable energy hand in hand. Piaui is captivated by the win-win-win-win of wind and solar power projects. (There are four wins since, aside from jobs and energy, renewables cut air pollution and global warming emissions.) Setting a notable milestone in this realm, Piauí has installed the largest photovoltaic energy project in Latin America.
More than 47 gigawatts worth of new wind capacity is expected to be installed across Latin America over the next decade according to new analysis from MAKE Consulting.
A new report published this week by Navigant Research has revealed that Danish wind turbine manufacturer Vestas again led the way in 2016 for total wind turbine installations, in a year which saw a total of over 54 gigawatts of new wind installed worldwide.
The Latin America Energy Forum will see over 250 energy developers, financiers and public sector stakeholders gather from North and Latin America. The Latin America Energy Forum is co-located with the Powering Africa: Summit from 9-10 March at the Marriott Marquis Washington, D.C. The Powering Africa: Summit is a conference for decision-makers in the energy sector showcasing African energy & infrastructure projects seeking investment.
