Fitch Ratings has warned that oil companies not diversified into renewables could struggle to access capital as the advance of battery technologies and the rise of electric vehicles (EVs) curbs global demand for oil.
19 October 2016 06:33 GMT
Wind power is gearing up to be the main engine for the global power sector's growth, with expectations it will supply as much as 20% of world's electricity by 2030, according to the latest forecast from the Global Wind Energy Council (GWEC).
18 October 2016 06:08 GMT
Japanese developer Eurus Energy is expanding its presence in Europe with the purchase of 27.5MW in wind capacity in Finland from Dutch investor Maas Capital Renewables, a unit of ABN Amro bank, and Dutch developer Yard Energy.
13 October 2016 09:33 GMT
The Australian state of Queensland won't see its energy security compromised by pursuit of a 50% renewables share target by 2030, according to a draft study that reignited a national political row over clean-energy policy following a blackout in neighbouring South Australia.
12 October 2016 12:09 GMT
The pro-wind premier of South Australia Jay Weatherill said an initial report into a state-wide power blackout last week backs his claim that it “was a weather event, not a renewable energy event”, as opponents of renewables continued to use it as ammunition.
05 October 2016 11:00 GMT
Progress on Japan’s flagship floating wind project, as well as new state-backed plans to experiment with a range of floating offshore structures is underscoring how the nascent industry is rapidly moving closer to commercialisation, according to a panel of leading sector experts.
29 September 2016 08:41 GMT
Dutch offshore contractor GustoMSC has inked a break-through memorandum of understanding (MoU) with Halla Wind Energy and Korean Maritime Consultants (KOMAC) to design a first floating wind turbine for the Dongbu project off Jeju Island.
29 September 2016 08:28 GMT
Vietnam’s status as a major emerging wind power market was reinforced as GE Energy Financial Services (GEFS) linked with global developer Mainstream Renewable Power (MRP) to finance, build and operate large-scale plants in the country.
28 September 2016 08:25 GMT
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