Facebook to Buy 5 MW Power from Sunseap Group’s Offshore Solar Floating Project
Singapore-based solar energy company Sunseap Group has signed a multi-year virtual power purchase agreement (VPPA) with Facebook for solar energy from Singapore's largest offshore floating solar farm in the Straits ...
€5 Million Awarded to Study Feasibility of Offshore Green Hydrogen Production
The Fuel Cells and Hydrogen 2 Joint Undertaking, a public-private partnership of the European Commission, has awarded €5 million (~$6.08 million) in funding to a consortium to explore the feasibility ...
US Extends 26% Solar Investment Tax Credit Until 2022
The United States Congress has passed a bill providing a two-year extension on its solar investment tax credit (ITC) facility, allowing solar power projects across the residential, commercial, industrial, and utility-scale segments ...
Amazon Becomes World’s Largest Corporate Purchaser of Renewable Energy
E-commerce giant Amazon announced 26 new utility-scale wind and solar energy projects totaling 3.4 GW of electricity production capacity, bringing its total investment in renewable energy in 2020 to 35 ...
European Commission Plans to Expand Offshore Wind Capacity to 300 GW by 2050
The European Commission (EC) has unveiled a strategy to help achieve the European Union’s (EU) climate neutrality target by 2050. The plan suggests increasing Europe’s offshore wind capacity up to ...
Wind Installations to Cross 71 GW in 2020 Despite COVID-19 Challenges: GWEC
The latest market outlook published by the Global Wind Energy Council Market (GWEC) Intelligence expects 71.3 GW of wind power installations in 2020 despite the impact of COVID-19, a 6% ...
2019 Was the Best Year for Offshore Wind With 6.1 GW of Capacity Addition: Report
By the end of 2020, the offshore wind energy industry will see 6.6 GW of installations worldwide. According to the latest Global Wind Energy Council's (GWEC) report, despite the negative ...
Over 60 GW of Green Hydrogen Projects in the Pipeline Globally, Says Report
Fuelled by post-pandemic green stimulus packages, newly proposed green hydrogen projects are on the rise across the world. According to Rystad Energy research, the global pipeline of utility-scale green hydrogen ...
Total and Macquarie to Develop Over 2 GW of Floating Offshore Wind Projects in South Korea
Total, a France-based oil and gas company, announced that it had joined hands with Macquarie's Green Investment Group to develop over 2 GW of floating offshore wind projects in South ...
With Industry Consolidation, 22,893 Wind Turbines Were Supplied in 2019: GWEC
The Global Wind Energy Council (GWEC) recently published the second edition of its annual ‘Supply-Side Analysis 2019’ report, which said that 22,893 wind turbines were installed globally in 2019. These ...
ONGC and NTPC to Set up a Joint Venture for Developing Renewable Projects
The Oil and Natural Gas Corporation (ONGC) has announced its plans to set up a renewable joint venture (JV) company with NTPC Limited, and it has signed a memorandum of ...
Gujarat and Tamil Nadu Have Offshore Wind Energy Potential of 70 GW: MNRE
The Ministry of Renewable Energy (MNRE) recently told the Parliamentary Standing Committee on Energy that India has an offshore wind energy potential of around 70 GW in parts along the ...
51 GW of Wind Projects Installed Globally in 2018: Report
In 2018, nearly 51.3 GW of new wind energy projects were installed globally, 4 percent less than the previous year, says Global Wind Report 2018. In the last five years, ...
World Bank Launches New Version of Global Wind Atlas for Onshore and Offshore Wind
The World Bank Group in partnership with the Department of Wind Energy at the Technical University of Denmark (DTU Wind Energy) has launched the Global Wind Atlas 2.3. The Global Wind Atlas ...