Policy, investment and markets News

Policy, investment and markets News Archive

Siemens to supply high-voltage switchgear for hydropower plant in Tajikistan

Siemens is supplying two gas-insulated high-voltage switchgear (GIS) for the Rogun hydropower plant in Tajikistan, a country bordered by Uzbekistan, Kyrgyzstan, China and Afghanistan.

Global battery energy storage system installed capacity will exceed 14 Gigawatts by 2020, says GlobalData

Global battery energy storage system (BESS) installed capacity is set to grow from 1.5 GW in 2015 to over 14 GW by 2020, as large numbers of projects are planned to be commissioned over the forecast period due to increasing renewable installations and focus on grid stability, according to research and consulting firm GlobalData.

Mainstream Renewable Power wins seven government contracts in Chile Mainstream Renewable Power wins seven government contracts in Chile

Mainstream Renewable Power has been awarded contracts by the National Energy Commission of Chile to build and operate seven utility-scale wind energy plants with a total investment value of USD $1.65 billion and a capacity of 986 MW.

GE’s Digital Wind Farm technology to unlock higher production for two aging wind plants in Japan

GE Renewable Energy has announced it has secured five-year Digital Wind Farm services contracts for two aging wind farms in central Japan.

SMA takes over operational management of the largest PV farm in Scandinavia SMA takes over operational management of the largest PV farm in Scandinavia

SMA Solar Technology AG is taking over complete technical operational management of the largest PV farm in Denmark on behalf of project developer and energy service provider WIRCON GmbH.

E.ON combines battery and solar technologies for major customer in the US

E.ON will install and operate a ten megawatt battery to equalize the feed-in of renewable energy to the transmission network operated by US regional energy provider, Tucson Electric Power.

Top 25 global wind asset owners lost market share in 2015, says MAKE Consulting Top 25 global wind asset owners lost market share in 2015, says MAKE Consulting

MAKE Consulting has reported that the leading wind power asset owners globally lost market share in 2015 despite adding capacity overall, amidst a general trend of fragmentation in the global market.

Scottish Renewables sets out plans to cut new onshore wind costs by more than 20% Scottish Renewables sets out plans to cut new onshore wind costs by more than 20%

Scotland’s next generation of onshore wind projects could be at least 20% cheaper if Scottish and UK Governments work with industry and regulators to remove a series of barriers, a new report has found.

Total’s billion-dollar acquisition will allow it to compete with Tesla-SolarCity, says Lux Research Total’s billion-dollar acquisition will allow it to compete with Tesla-SolarCity, says Lux Research

French oil company Total, with energy storage firm Saft and SunPower in its portfolio, is the first oil “supermajor” entering new areas of business including solar plus storage and distributed generation, Lux Research says.

OX2 wins EPC contract for 112 MW wind power in Norway OX2 wins EPC contract for 112 MW wind power in Norway

The renewable energy company OX2 has been commissioned to build the 112 MW Raskiftet wind farm in Norway.

South Africa to become new hotspot for wind power installation, says GlobalData South Africa to become new hotspot for wind power installation, says GlobalData

South Africa has great potential for wind capacity development over the next four years, reports GlobalData.

Gaelectric completes €38 million financing package on two wind farms in county Kilkenny

Gaelectric has announced that it has concluded agreements on a €38 million financing package for the construction of two wind farms in county Kilkenny.

Global wind O&M market set for strong growth by 2020, says GlobalData

The global wind Operations and Maintenance (O&M) is estimated to increase from $10 billion in 2015 to $17 billion by 2020, at a compound annual growth rate of 11.2%, according to research and consulting firm GlobalData.

Cuba seeks to expand role of renewable energy Cuba seeks to expand role of renewable energy

The government of Cuba and the International Renewable Energy Agency (IRENA) are holding a workshop on approaches to operating and planning electricity systems with higher shares of variable renewable energy in the island nation of Cuba.