Renewables

Major wind turbine manufacturer Vestas has announced several deals as the company ends 2022, including what the Danish company calls the largest wind project in Latin America, along with a U.S. onshore wind repowering project. The announcements come as the wind power industry continues to be challenged by several factors, including equipment supply chain problems […]

Every month, POWER magazine publishes several articles in its Global Monitor section covering topics important to the electric power generation industry. The articles typically feature interesting updates on progress made at notable projects around the world, big policy changes, or promising research and development (R&D) news. Short notes about major contracts are also touched on […]

A wide range of industries fall under the umbrella of critical infrastructure, and they are all—as the name implies—critical. From energy production and water treatment to transportation and data storage, everything within critical infrastructure serves an essential purpose when it comes to the continued functioning of the nation. Unfortunately, that makes critical infrastructure sites a […]

An agency associated with the World Bank will finance installation of solar and hydropower systems, and support related transmission and distribution infrastructure, to provide more electricity to areas of West Africa. The World Bank Group’s International Development Association (IDA) is investing $311 million into the Regional Emergency Solar Power Intervention Project (RESPITE), an initiative designed […]

Vattenfall, the Sweden-based multinational power company, will build and operate Finland’s first gigascale offshore wind farm as part of a joint venture with Finnish state-owned seabed and forest management group Metsähallitus. The project announced Dec. 20 is the 1.3-GW Korsnäs plant in the Bay of Bothnia, which sits between Sweden and Finland in the Baltic […]

A new report from industry group SolarPower Europe shows that solar installations in the European Union increased by almost 50% year-over-year in 2022, to a record 41.4 GW of generation capacity. “The numbers are clear. Solar is offering a lifeline amid energy and climate crises,” said Walburga Hemetsberger, CEO of SolarPower Europe. “No other energy […]

GURUGRAM, India, Dec. 16, 2022 — ReNew Power (“ReNew” or “the Company”) (NASDAQ: RNW) (NASDAQ: RNWWW), India’s leading renewable energy company, today announced that it has signed a renewable energy agreement of 150 MW with Microsoft India, in one of the largest such deals in the country. As part of the arrangement, ReNew will produce 150 MW of clean energy from a […]

Hitachi Energy will spearhead the modernization of a key high-voltage direct current (HVDC) system in Canada to support the transmission of 1,500 MW of renewable power between Quebec and New York state’s electrical networks. Hydro-Québec, Canada’s largest power utility, on Dec. 15, picked the global technology firm to supply a “back-to-back” converter station at Châteauguay, […]

HOUSTON/STOCKHOLM, Dec. 14, 2022 – Chevron Corporation (NYSE: CVX), through its Chevron New Energies business, and Baseload Capital have announced a joint venture to develop geothermal projects in the United States. The two companies will collaborate on driving geothermal opportunities – including identifying the best prospects for development, operations and progressing the next generation of geothermal […]

WASHINGTON, D.C., December 14, 2022 – In just the last three months, over $40 billion of new grid-scale clean energy investments have been announced, a new report shows – the same amount as the total investment estimated for all clean energy projects installed in 2021. The Clean Energy Investing in America report, released today by the […]