Renewable energy

A project to bring solar and wind energy from a 10.5-GW project in Morocco to the UK will feature what is likely the world’s longest subsea, high-voltage direct current (HVDC) cables. The importation of

India’s Power Ministry, despite the country facing shortages of electricity in recent years and as recently as the past month, said it plans to reduce the amount of power generation from at least 81 of the country’s 173 coal-fired power plants over the next four years. The agency, in a letter dated May 26 that […]

Commercial and industrial (C&I) enterprises rely on their power supply. Many facilities, such as hospitals, federal institutions, and military bases—those considered mission critical—have long been at the forefront of finding solutions to keep their lights on. In today’s world, the need for reliable and resilient power is critical for a wide range of industries. Uninterrupted […]

PARIS, France (May 25, 2022) – TotalEnergies has announced the signature of agreements with Global Infrastructure Partners (GIP) to acquire 50% of Clearway Energy Group (CEG), the fifth-largest U.S. renewable energy player. This constitutes its largest acquisition in the renewable energy in the U.S., one of the top three renewable markets in the world. With […]

The California Energy Commission (CEC) is mulling a preliminary planning goal for 3 GW of offshore wind by 2030 and potentially expanding it to 10 GW to 15 GW by 2045. If finalized, California’s offshore wind goals would be the most ambitious in the U.S., surpassing even New York’s, which calls for 9 GW by […]

The highs and lows of markets for renewable energy are driving more interest in granular pricing data. Any company embarking on a new project must do its research to ensure that it calculates the proceeds based on the right financial information. With so much data now readily available, it’s more important than ever to use […]

SEATTLE, Wash. (April 20, 2022) — Amazon today announced 37 new renewable energy projects around the world, marking significant progress on its path to power 100% of its operations with renewable energy by 2025—five years ahead of the original target of 2030. The new projects increase the capacity of Amazon’s renewable energy portfolio by nearly […]

The candidate leading in the polls just weeks ahead of the May 9 presidential election in the Philippines has vowed to make nuclear power part of the country’s energy mix if he is elected, saying it is the best technology to tackle the country’s high electricity prices. Other candidates, while noting the importance of nuclear […]

A group considered the world’s largest asset manager has joined with a United Arab Emirates (UAE) wealth management fund to support an investment in renewable energy development in India. A consortium led by New York-based BlackRock, along with UAE sovereign wealth fund Mubadala Investment Co., on April 14 said it would pay $525 million for […]

The leader of General Electric’s (GE’s) global energy business said the company expects its power and renewable energy units should be profitable in 2023, and experience even more success in 2024, after it weathers market headwinds that present challenges this year. Scott Strazik, speaking at the company’s March 10 investor day event, said GE is […]