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August 8, 2019 – Boulder, CO – A new report from Navigant Research examines the evolution of the global smart city market, with a focus on five key industries: energy, water, mobility, buildings, and government. Global revenue forecasts for smart city technologies, segmented by industry and region, extend through 2028.…
August 6, 2019 – Boulder, CO – A new report from Navigant Research examines pricing trends and issues driving growth for energy storage technologies. The report provides pricing forecasts for large format lithium ion (Li-ion) batteries used in both grid storage and EV markets. Installed project price forecasts are also…
The Green for Growth Fund (GGF), an impact investment fund advised by Finance in Motion, has attracted EUR 4 million in dedicated funding from the initiative Climate Action in the Middle East North Africa (CAMENA). Combined with EUR 5 million in support from the European Investment Bank (EIB) through the…
Fiscal Year 2019 October-June results Siemens Gamesa doubled net income to €88 million in the first nine months, with sound commercial activity driving the backlog to more than €25 billion • Revenue increased by 12% YoY in the first nine months of fiscal year 2019, to €7,283 million. EBIT margin…
July 30, 2019 – Boulder, CO – A new report from Navigant Research analyzes the key trends, drivers, and barriers to adoption of data platforms and other big data management solutions within the utility industry, providing global market forecasts through 2027. Utilities are increasingly interested in big data management, whether…
The Planning Inspectorate has announced that they will grant planning permission for the continued operation of the Kirkby Moor wind farm until 2027. Commenting on the decision, Ventient Energy’s CEO Mark Jones said: “We’re delighted with the decision from the Planning Inspectorate to allow the Kirkby Moor Wind Farm to…
Over an uninterrupted period of least 19 years and a day, a window or other aperture in a building can acquire a “right to light” over nearby land. Once this happens, the window owner can prevent the nearby land owner building on his land in a way that reduces the…
The technology group Wärtsilä has signed an Engineering, Procurement and Construction (EPC) contract for a 100 MW/100 MWh total capacity energy storage project in South East Asia. The energy storage system facility, including the Greensmith GEMS advanced software platform and GridSolv, will be used for grid support purposes. The order…
New York has awarded 1.7 GW of offshore wind capacity to two separate projects led by Denmark’s Orsted and Norway’s Equinor. The New York State Energy Research and Development Authority (NYSERDA) selected the 880 MW Sunrise Wind project, a 50-50 partnership between Orsted and New England energy supplier Eversource, and Equinor’s 816…
Global law firm Norton Rose Fulbright has advised Alpha Bank, Eurobank Ergasias and National Bank of Greece on the approximately €117 million non-recourse refinancing of Agios Georgios wind farm, a 73.2 MW wind farm operated by a subsidiary of Terna Energy, on the uninhabited islet of Agios Georgios offshore Attica in…
