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The Canadian government announced it will provide $25.6 million Canadian dollars ($19.28 million) in funding for the country’s first geothermal power facility. In an announcement at the end of last week, the office of Prime Minister Justin Trudeau said that the five megawatt (MW) project, spearheaded by the Deep Earth…
Following the successful collaboration between Sustainable Marine Energy (SME), SCHOTTEL HYDRO and Black Rock Tidal Power to develop and demonstrate the PLAT-I floating tidal energy system, with deployments in Scotland and in Canada, SCHOTTEL has made a strategic decision to merge its tidal energy businesses into SME. SCHOTTEL has transferred…
Visionaries like Elon Musk, who are aiming for a world powered by sustainable energy, would be proud of the industry’s progress in 2018. Over the course of the year, investments flowed into research, the prices of batteries declined, governments across the globe supported clean energy solutions, and electric vehicles such…
North America, western Europe and Asia Pacific are expected to account for nearly 90 percent of the new long-duration energy storage capacity installed globally over the next eight years. A new report from Navigant Research found that most new projects being installed fall into the four-hour to eight-hour duration categories, with most of those…
A study released Wednesday by North Carolina State University and North Carolina Central University found the market for energy storage in the state could exceed 1 GW by 2030. The study laid out potential use-cases for a variety of energy storage technologies, as well as cost-benefit analysis of those applications. While…
The Dabar power plant on the Trebisnjica river will be part of a planned 250 MW hydropower complex, Gornji Horizonti, which is designed to also incorporate two smaller hydropower plants, Nevesinje and Bileca. New Delhi: Bosnian hydropower company HE Dabar on Friday invited bids for the construction and financing of…
GWEC releases new data showing impact of retrospective changes to Feed-in-Tariffs (FiT) in other markets and the costly consequences that could face Taiwan The offshore wind industry could bring some NT$880bn of inward investment into Taiwan by 2025 and create some 20,000 jobs Proposed reduction in FiT of 12.7% and…
Wiseguyreports.Com Adds “Advanced Energy Storage -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2024” To Its Research Database The global Advanced Energy Storage market was valued at million US$ in 2018 and will reach million US$ by the end of 2025, growing at a CAGR of…...
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A new report published by global market consultancy Allied Market Research is revealing a very promising future for the renewables industry with hydro and ocean power leading the way. There is no doubt that renewable energy is constantly on the rise. From Scottish Power going 100% green to Apple’s renewed commitment to investing in…...
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BBOXX, a next generation utility platform, has been announced as the winner of the Zayed Sustainability Prize in the Energy category at a prestigious awards ceremony today in Abu Dhabi, UAE. The prize is one of the most coveted awards globally and it recognises pioneering solutions and technologies that can…
