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Renewable Power Remains Most Affordable Amid Energy Crisis

Costs for renewables continued to fall in 2021 as supply chain challenges and rising commodity prices have yet to show their full impact on project costs.

Nuclear Fusion

Nuclear Fusion – A Magnet for Investors

Investment into commercial fusion has grown significantly over the past 12 months, coupled with growing confidence about the timescales in which fusion power wi…

Hydropower Plant

New 180MW Hydropower Plant Powered Up in India

The run-of-the-river Bajoli Holi Hydropower Plant, built on the river Ravi in the Chamba District, supplies electricity to Delhi’s Indira Gandhi International …

Cost-Competitive Renewables Save $55B in Global Energy Generation in 2022

Electricity costs from wind and solar power declined in 2021.

Wind Turbine

WindEurope: German Parliament Adopts New Onshore Wind Law

The German parliament has adopted a new onshore wind law (WindLandG) which aims to expand onshore wind by a massive 10 GW a year from 2025.

ReNew Refinances Dollar-Denominated Bonds

It issued $525m bonds in 2019 that will mature in 2024.

CLP Group, CDPQ to Hold Equal Stake in Apraava Energy

CLP has sold a 10% stake in Apraava to CDPQ

Canada Invests $8M Into 3D Vector Mapping to Expedite Net Zero Efforts

Ecopia AI has announced a funding partnership with Sustainable Development Technology Canada (SDTC) to support the creation of digital twins via high-precision …

India’s Largest Floating Solar Project in Telangana Starts Operations

NTPC has commissioned the largest floating solar photovoltaic (PV) project in India with a 100-megawatt (MW) capacity in Ramagundam in Peddapalli District in Te…

United States

Wärtsilä to Deliver Five Solar + Storage Projects in the US

Image credit: 123rf.comTechnology group Wärtsilä is delivering a 500MW/2GWh portfolio of solar energy and storage systems to clean energy developer an…

Hydropower Plant

China Leads Hydropower Installation in 2021: IHA

Around 21GW of the 26GW new installations last year came from China.

Energy Storage Battery

Equinor Acquires US Energy Storage Developer

Equinor has signed an agreement to buy a 100% stake in the US based battery storage developer East Point Energy LLC.

Shell Forecasts Trebling of Refining Profits

Energy major Shell announces indicative refining margin for Q2 of $28.04/bbl which is a sharp increase on $10.23/bbl in Q1.

Carbon Emissions

Vattenfall’s Wind Power Reduces Carbon Footprint

The carbon footprint of Vattenfall’s wind power has now been reduced to 13 grammes per kilowatt hour generated, compared to 15 grammes in 2016, and the reducti…

Energy Storage Project

Australia Shortlists 12 Grid-Scale Battery Storage Projects for $100M Funding

The projects, which include both new builds and retrofits for existing batteries, have an aggregate capacity of 3.05GW and will be equipped with advanced invert…