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European Renewable PPA Prices Soar by 47% Year-On-Year
PPA prices have taken a steep 16% hike in their fifth consecutive quarter of growth, according to a report
Renewable Power Remains Most Affordable Amid Energy Crisis
Costs for renewables continued to fall in 2021 as supply chain challenges and rising commodity prices have yet to show their full impact on project costs.
Australia
Hybrid Wind-Solar-Battery Renewable Power Plants Progress in Australia and the UK
Construction has begun on a large-scale hybrid renewable energy project combining wind, solar PV and energy storage in Australia, while another has been announc…
Cost-Competitive Renewables Save $55B in Global Energy Generation in 2022
Electricity costs from wind and solar power declined in 2021.
Offshore Wind Power
Mainstream Renewable Power and Aker Offshore Wind Agree to Merge
Aker Horizons will own a stake of nearly 58.6% in Mainstream once the deal has closed.
BP and Thyssenkrupp Plan Green Hydrogen Steel Supplies
bp and thyssenkrupp Steel sign MoU focused on development of long-term supply of low carbon hydrogen and renewable power in steel production.
LNG
Renewables, Nuclear Could Replace LNG’s Share in Japan’s Energy Mix
LNG’s share in the power mix is expected to fall to 20% from 37%.
United Kingdom
WindEurope: UK Announces Results of National Renewables Auction
The UK Department for Business, Energy, and Industrial Strategy has announced the results of the UK’s fourth contract for difference (CfD) auction round (AR4) …
Hydrogen Project
Shell to Build Europe’s ‘Largest’ Renewable Hydrogen Plant to Help Power Dutch Refinery
Shell says it wants to “become a net-zero emissions energy business” by the year 2050, but the company remains a major producer of oil and gas.
Solar Blanket: Sustainable, Self-Sufficient Renewable Energy
A recent graduate of the MA Material Futures at Central Saint Martin’s (CSM), London, Mirielle Steinhage has conceived of a solar-powered blanket that could gr…
Offshore Wind Power
RWE and Hellenic Petroleum Collaborate to Develop Offshore Wind Farms
RWE and Hellenic Petroleum Holdings, through their respective subsidiaries RWE Renewables GmbH and HELPE Renewables SA, have joined forces to jointly explore of…
Hydrogen Storage
Green Hydrogen Storage System Project Launched on NREL Colorado Campus
Hydrogen storage company GKN Hydrogen, gas utility SoCalGas and the US Department of Energy’s National Renewable Energy Laboratory are collaborating on a new g…
Nigeria
Game Changing $1.3BN Funding for Nigerian Green Energy Project Launched
Image: PixabayUnder the Team Europe Initiative (TEI), the European Union (EU) has launched a $1.35 billion Nigerian Green Energy Project.The project is meant to…
US Developer Intersect Secures US$750 Million for Renewables, Energy Storage Pipeline
Utility-scale renewables developer Intersect Power has secured US$750 million in funding to take its portfolio of renewables, energy storage and green hydrogen …
Wind Power Project
Vestas and EDF Renewables Close Agreement for 261 MW of Wind Power in Brazil
Vestas has obtained an order for 261 MW for the Serra das Almas wind farm, which is located in the municipality of Urandi, in the state of Bahia.
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