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A selection of the latest renewable energy news and blog posts.
US offshore wind is 'currently uneconomical' In its 'Foresight is 2020: Tailwinds for US offshore expansion' report, S&P said it estimates the levelised cost of energy for US offshore wind, excluding an investment tax credit, to be about $85 a megawatt-hour. The LCOE falls to $65/MWh with a 30% investment tax credit, it added.
Heathrow Targets Zero Carbon Airport by Mid-2030 Following investment of over £100 million in improving Heathrow's energy efficiency and generating and purchasing renewable energy, Heathrow has reduced carbon emissions from airport buildings and infrastructure by 93% compared to 1990.
Malin Renewables Reels In £1 Million Contract Malin has been appointed by AWS Ocean Energy Ltd to build the half scale Archimedes Waveswing power generation device, designed for offshore wave energy production. The development of the Archimedes Waveswing is funded by Wave Energy Scotland through its Novel Wave Energy Converter program.
Esbjerg plots offshore wind fabrication hub The Port of Esbjerg is looking to develop a multi-purpose fabrication facility to build either wind turbine blades, nacelles, towers or turbine foundations for the offshore wind market from 2025.
3 Top Renewable Energy Stocks to Buy Right Now Astute investors who recognize this growing interest in climate change will surely be searching for related investment opportunities, such as those in renewable energy-oriented stocks. Fortunately, they need not look much further than Enphase Energy, iShares Global Clean Energy ETF, and Atlantica Yield.
Djibouti developers flush for wind first The Africa Finance Corporation is investing $63m in a 60MW wind farm in the east African country of Djibouti. AFC said it has made the strategic investment as lead developer together with Great Horn Investment Holdings in the project in the Ghoubet area, near Lake Assal.
Queensland green lights 1.2GW onshore giant The government of Queensland in Australia has granted development approval to a 1200MW onshore wind farm.
Wind power lost to Western Link outage Cornwall Insight says resulting constraint costs in the UK Balancing Mechanism reached 'record highs'
Swiss-owned vessel on US offshore duty Swiss offshore geotechnical engineering and drilling company Geoquip Marine's recently upgraded Geoquip Speer vessel has been contracted for work on an unnamed offshore wind farm in the US. The contract for the "largest offshore wind farm development in the US" is for seabed cone penetration testing work, the company said.
EU budget 'must support Green Deal' The European Parliament will reject any budget that does not give the EU the backing to finance the new Green Deal, as well as other challenges facing the bloc.
Aalborg CSP wins order for an integrated heat pump system The system will be integrated with the existing solar heating plant at the site, boosting its efficiency and enabling a higher level of renewable energy in the plant's energy supply.
Energy storage to 'hit 15GW by 2024' Storage costs have fallen, direct incentives and clean energy targets are proliferating and competitive markets and vertically-integrated electricity providers are beginning to recognise the potential of energy storage, the analyst said. Continued policy and regulatory efforts will be key to driving upside in the market, it added.
RWE team puts floating wind to the test RWE Renewables and Saitec Offshore Technologies have joined forces to test new ways to affordably install and operate floating offshore wind farms in deep waters. The companies have set up a joint pilot project called DemoSATH that will start testing a floating platform for wind turbines off the Basque Coast in 2021.
Clir hire targets growth in Latin America Wind energy software provider Clir Renewables has hired Didier Fravega to expand the company's wind optimisation platform across Latin America. Fravega was previously technical sales manager at Senvion, business development manager at Coral Energia and wind technical leader for Latin America at GE.
Lekela Power turns sod on 250MW West Bakr Mainstream Renewable Power-backed developer starts two-year build campaign at Egyptian wind farm.
Cuomo plans accelerated renewables permit regime New York governor Andrew Cuomo is proposing a 30-day budget amendment that he believes will "dramatically" speed up the permitting and construction of new renewable energy projects. Cuomo said the plan, if adopted, will create a new Office of Renewable Energy Permitting to streamline the consenting process for large-scale projects across New York.
Garanti BBVA to power its corporate buildings and branches with renewable energy Garanti BBVA has signed the 100 percent Renewable Energy Agreement, according to which, in 2020, it will source the 90 million kWh it requires to power a total of 813 branches and 45 corporate buildings from renewable sources. This figure is equivalent to the consumption of 30,000 households.
Kerala Commission Issues Renewable Energy & Net Metering Regulations The Kerala State Electricity Regulatory Commission has issued the new state regulations for renewable energy and net metering in its 'Kerala State Electricity Regulatory Commission Regulations, 2020'.
Fear? Cost? Fame? What's turning on Asian businesses to renewable energy? In this interview with Eco-Business, Steinitz talks about what's holding the energy transition back, why corporates make the switch to renewables, and why he's optimistic that the energy transition will happen faster that we think. The first is obvious-savings.
The Pilbara looks to renewable hydrogen Yara Pilbara Fertilisers Pty Ltd has received $995,000 from the Australian Renewable Energy Agency to support a feasibility study for the production of renewable hydrogen and ammonia.
45 renewable generators affected by West Murray connection woes In an interview with pv magazine, the Clean Energy Council's Director of Energy Transformation, Lillian Patterson outlined current and future steps for members of the industry organisation. pv magazine: What do you understand to be the problem in south-west NSW and Victoria?
Renewable Energy: Our Only Future It accelerates and intensifies the actions and investments needed for a sustainable low carbon future. Working together, we can combat this issue that has been overlooked for far too long. Unfortunately, on November 4, 2020, the United States will officially withdraw from the Paris Agreement.
Waring of 'collapse' in renewable energy investment Professor Frank Jotzo from the Australian National University's centre for climate economics and policy says Australia's investment in renewable energy needs to be maintained.
Vail Symposium hosts program on renewable energy, climate change Monday The clarion call for the transition to 100% renewable energy has been issued. More than 100 cities across America have pledged to make that transition - many by 2035. Large companies such as Walmart, Nike, Starbucks and Proctor and Gamble have also pledged to go green.
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