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Avaada Energy signs renewables MOU with AEW

• 2023-09-12 07:04:21.262725
• David Flin

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.

Grid inadequacy makes renewable growth futile

• 2023-09-08 16:01:12
• Junior Isles

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 reports 3Q net losses due to wind turbine problems

• 2023-08-08 11:27:25
• Junior Isles

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.

Maersk Group may acquire half of Egypt’s Zaafarana wind farms

• 2023-08-03 13:02:49
• Junior Isles

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.

Green power projects in South Africa failing

• 2023-07-19 07:38:30.655805
• David Flin

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.

Queensland to set up renewable energy zones as part of $62 billion super-grid plan

• 2023-07-11 07:26:43.434103
• David Flin

The Queensland government has identified 12 renewable energy zones across the Australian state that will underpin its $62 billion plan to decarbonise its electricity supply.

Serentica signs 1.25 GW new PDAs

• 2023-07-04 06:34:10.002618
• David Flin

Serentica Renewables has announced that it has signed over 1.25 GW of new power delivery agreements (PDAs) with multiple industrial customers across India.

Increased US renewable and natural gas generation to reduce summer coal demand

• 2023-06-09 06:48:24.510457
• David Flin

The US Energy Information Administration (EIA) has forecast that the largest increases in the USA during the summer (June, July, and August) will come from solar, wind, and natural gas-fired power plants because of new generating capacity coming online.

Wind to provide third of Japan’s power by 2050

• 2023-05-30 07:03:53.916882
• David Flin

The Japan Wind Power Association (JWPA) has set a goal for the country to increase capacity to 140 GW by 2050, from less than 5 GW now, to meet a third of the country’s electricity demand and help it achieve its 2050 carbon neutrality target.

Suzlon Energy to develop 300 MW wind power project in Karnataka

• 2023-05-25 07:13:59.192057
• David Flin

Torrent Power Ltd has awarded a contract to Suzlon Energy to develop a 300 MW wind power project in Karnataka, India.