Renewable Energy News


China Ramping Up Renewable Power

Jun 15, 2018

China will ramp up electricity generated by renewable energy this summer and give priority to residential use as some regions are due to experience power shortages, a spokesman for the nation's central policy planner said at a news briefing…

Batteries hasten winds of change for electricity stocks

Jun 11, 2018

Bigger, better batteries are speeding up change in the U.S. electricity sector and could help power a rally in Xcel Energy Inc, American Electric Power Co Inc and other utility and renewable energy stocks, Barron's reported.After a decade of steep cost declines…

ABB to Equip High-spec Vessel for Largest Offshore Wind Farm

May 30, 2018

ABB technology allowing integration of batteries receives major vote of confidence as Louis Dreyfus Armateurs orders second wind farm service vessel featuring a wide scope of ABB’s solutions.Maritime transportation group Louis Dreyfus Armateurs…

Van Oord Wins Taiwanese Offshore Wind Contract

May 30, 2018

Dutch marine contractor Van Oord said on Wednesday it had won a 500 million euros ($579 million) contract to build a 640 megawatt (MW) offshore wind farm in Taiwan.Van Oord will design, manufacture and install the eighty foundations for the wind farm…

China Could Meet Emissions Pledge Earlier Than Expected

May 23, 2018

China emissions could peak before 2030. China's top climate envoy on Wednesday said the country could meet its pledge to cap carbon emissions ahead of its target of around 2030, while a senior environmental official said plans for a carbon market were on track despite ministerial restructuring…

Statoil to Become Equinor, Dropping 'Oil'

May 15, 2018

Shareholders in Norway's largest company, Statoil, will approve on Tuesday the board's proposal to drop 'oil' from its name as its seeks to diversify its business and attract young talent concerned about fossil fuels' impact on climate change…

Egypt Signs MOU with China's GLC for $2 bln Solar Panel Factory

May 10, 2018

China's GCL Group has signed a memorandum of understanding (MOU) with Egypt's ministry of military production to build a solar panel facility at a cost of up to $2 billion, state-run newspaper Al-Ahram reported on Thursday.Under the MOU, which was signed on Wednesday…

Xodus, Atlantis Resources Pursue Japanese Tidal Projects

May 02, 2018

Xodus Group said it has signed a Memorandum of Understanding (MoU) with Atlantis Resources to pursue the development of a tidal energy project in Japan.The ambition for this agreement is to secure funding and establish a commercially viable…

Taiwan: The Next Battleground for Offshore Wind

Apr 30, 2018

Taiwan is becoming the next battleground for the world's top offshore wind developers as they seek a foothold in Asia for a technology that has been expanding fast in Europe.Taiwan announced results on Monday of its first major offshore wind farm auction that aims to add 3…

Ampelmann Opens Hamburg Office

Apr 25, 2018

Ampelmann has opened its first office in Germany, in response to growing business in the offshore wind sector. The new base, located in Hamburg, will be led by Tim Börner, who has been appointed as Business Development Manager Offshore Wind Germany for Ampelmann…

India, UK Govts Invest $711 mln in Indian Renewable Energy Fund

Apr 18, 2018

Lightsource BP and Indian private equity fund Everstone Group announced on Wednesday the creation of a 500 million pound ($711 million) fund to invest in renewable energy and clean technology in India.The fund, named Green Growth Equity Fund (GGEF)…

Britain: Biofuel Targets Will Reduce Diesel Reliance

Apr 13, 2018

British biofuel targets coming into force this weekend will double the use of renewable fuels in the UK transport sector in 15 years and reduce reliance on imported diesel, the government said on Friday. The new targets, which take effect on April 15…

Fugro Returns to Hollandse Kust Wind Farm

Apr 03, 2018

Fugro is set to commence a site characterization program at the Hollandse Kust (noord) Wind Farm zone. Carried out under a further contract for the Netherlands Enterprise Agency (RVO.nl), part of the Ministry of Economic Affairs and Climate Policy…

China Tariffs on U.S. Ethanol to Cut Off Imports in Short-Term

Apr 02, 2018

Chinese buyers of U.S. ethanol will have to cut their imports because of new higher tariffs but they will have to return to the overseas market to meet the government's targets for using the fuel, industry participants and analysts said on Monday…

Netherlands to Allow New Offshore Wind Investments

Mar 27, 2018

The Dutch government on Tuesday said it will allow five new offshore wind turbine farms capable of producing 7 gigawatts (GW) of electricity in the 2024 to 2030 period. The Netherlands is lagging other European countries in renewable energy…

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