US electricity generation from wind power is on course to surpass coal-fired electricity generation, potentially by 2026, as wind supply growth expands at a record pace just as coal-fired generation is cut across the country.
NHPC has announced its intention to acquire 1.5 GW of wind-solar hybrid power projects across India.
The European Bank for Reconstruction and Development (EBRD) has announced it is financing construction of a 240 MW wind power plant in east Azerbaijan.
Robert Habeck, Germany’s Economy Minister, said that the country is likely to generate more than 50 per cent of its power from renewable energy this year, but that it needs to increase the speed of its transition.
The Drax Electric Insights report from Imperial College London said that in Q2 2023, wind power generation exceeded gas power production, and that UK wind power capacity now exceeds gas power capacity.
Indian solar developer Avaada Energy has signed an MOU with Al Jomaih Energy and Water (AEW) of Saudi Arabia to develop renewable power generation projects in Saudi Arabia and other Middle East countries.
A rise in renewable energy is futile if our grids can’t keep pace with the growth.
By Frédéric Godemel, EVP Power Systems and Services at Schneider Electric
Siemens Energy has reported a net loss of €2.9 billion for the third quarter and slashed its outlook for annual revenues, as it struggles to fix its troubled wind turbine business.
Denmark’s Maersk Group is in talks to potentially acquire half of Zaafarana state-owned 545-MW wind farms in the Red Sea Governorate, after the government initially approved ownership in principle, according to multiple local media outlets.
Nearly half of the projects awarded under the relaunch of South Africa’s renewable power purchase programme have failed, undermining plans to use wind and solar to ease the nation’s energy crisis.