The first projects announced as winners in France's pioneering round of floating wind tenders see the welcome arrival of two new names in the fast-emerging sector – turbine-maker Senvion and developer China General Nuclear (CGN).
Despite falling wholesale power prices, the surcharge German power consumers pay on their electricity bills to finance the build-up of renewables (EEG surcharge) is slated to rise next year due to the complicated mechanism under which it is calculated, the Agora Energiewende think-tank says.
25 July 2016 10:32 GMT
After a five-year soap opera starring a US billionaire – and maybe soon its next President – and a cast of Scottish politicians and judges, finally it looks like an offshore wind farm could actually get built.
21 July 2016 11:36 GMT
Sweden’s Vattenfall has taken a final investment decision to build the SKr3bn ($349m) European Offshore Wind Deployment Centre (EOWDC) in Aberdeen Bay, Scotland – the offshore wind farm that would-be US President Donald Trump fought tooth and nail to stop.
21 July 2016 07:01 GMT
Nigeria’s federal government has embarked on an ambitious 1GW utility-scale solar initiative, as the West African country looks to increase its power supplies from renewable sources and reduce its reliance on oil and gas production.
20 July 2016 11:21 GMT
Spain’s Iberdrola said it has financial mechanisms in place to manage the impact of the UK’s Brexit vote, as it became the first energy group with major British investments to release corporate results since the historic decision to leave the EU.
20 July 2016 09:47 GMT
US floating wind pioneer Principle Power and European technology development body KIC InnoEnergy have signed a multi-year partnership deal that will include a €4m ($4.43m) injection to boost the 25MW WindFloat Atlantic project being built off Portugal.
19 July 2016 07:32 GMT
Global renewables investment in the second quarter climbed 12% from Q1, but slowdowns in many major markets resulted in a 23% year-on-year drop to $116.4bn for the first half, Bloomberg New Energy Finance (BNEF) reports.
15 July 2016 10:58 GMT
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