UK Export Finance, the UK’s export credit agency, has today, Tuesday 5 November, announced that it is providing a NT$9.2 billion of New Taiwanese Dollars (£230 million) project finance guarantee to support the construction of an offshore wind farm in the Taiwan Strait. The Formosa 2 wind farm project is…
Author: WoREA
LOC Group, the premier international marine and engineering consulting firm, is pleased to announce it has signed an agreement with Ørsted (“ORSTED”), the global leader in offshore wind, to carry out Marine Warranty Surveyor (“MWS”) services for its Hornsea Two offshore wind farm, located approximately 89 kilometres off the UK’s…
4 November, 2019: PowerGen Renewable Energy (PowerGen), a leader in micro-utilities in Africa – managing mini-grids and providing customer support – has signed a Series B investment with funding from Shell’s New Energies business*, as well as Omidyar Network, Acumen, Renewable Energy Performance Platform (REPP), EDFI ElectriFI, Sumitomo Corporation, DOB…
PowerCell Sweden AB (publ) has developed a new and improved version of its MS-100 fuel cell system which will be presented at the Fuel Cell Seminar & Energy Exposition in California on November 5th. The new MS-100 is 30 percent more compact and has improved operating life time as well…
Swiss energy company Fu-Gen AG has partnered with British asset manager Abraxas Capital Management to construct a wind farm outside Skellefteå for a total investment of EUR 56 million. The cooperation between the parties was sealed in July 2019 through the acquisition of the project rights for Fjällboheden Vind AB…
A research programme which brings together academia and industry to address renewable energy challenges has delivered benefits topping an estimated £200 million. The Technology and Innovation Centre Low Carbon Power and Energy Programme links the University of Strathclyde’s technical expertise to the low carbon energy sector and is funded by…
Nationwide Building Society is today announcing that it will invest in Switchd, a company that automatically switches people’s energy supplier to ensure they are always on the best deal. Unlike many other providers, Switchd searches deals from across the whole market including the big six suppliers and smaller players. On…
City skyscrapers could become green batteries of the future – thanks to a new form of energy storage patented by a UK firm. Edinburgh start-up Gravitricity has developed an innovative energy battery which works by raising multiple heavy weights – totalling up to 12,000 tonnes – in a deep shaft…
Energy storage can help mitigate climate change, but it is still on low levels and needs to triple by 2050 to keep global warming below 2°C. To do this we need to look at innovative ways of speeding up the process. Could energy-storage-as-a-service be one of the solutions? Reforming our…
Washington DC – Renewable energy sources (i.e., biomass, geothermal, hydropower, solar, wind) accounted for 18.49% of net domestic electrical generation during the first eight months of 2019, according to a SUN DAY Campaign analysis of just-released data from the U.S. Energy Information Administration (EIA). A year earlier, renewables’ share was…











