Floating wind pioneers are using deployment learnings to attract industrial and financial partners and fund growing investment needs, experts told New Energy Update. As the floating wind industry moves towards commercial-scale projects, technology developers are forming alliances to build up spending power. Some $32.0 billion of floating wind investments are…

The European Investment Bank and FMO, the Dutch entrepreneurial development bank, have agreed to finance construction and operation of two new solar photovoltaic plants in Kenya. EIB and FMO will each provide USD 53 million for the two projects, with the remainder of the USD 147 million total project cost…

Twelve new renewable energy projects will be powering over seven million homes at record low prices thanks to the latest round of the government’s flagship Contracts for Difference scheme. The new projects will provide around 6GW of capacity – 2.4GW more than the last round. For the first time renewables…

Contemporary Amperex Technology Co. Limited (CATL), a lithium-ion battery manufacturer, will be making its official debut in the United States with the premiere of its energy storage systems (ESS) solutions at Solar Power International 2019. CATL is leveraging its leadership in battery innovation and safety and developing new partnerships with…

Fortum and the City of Espoo have committed to carbon-neutral district heating in the district heating network operating in the Espoo, Kauniainen and Kirkkonummi regions in the 2020s. Now the development work is being accelerated with a new intermediate goal to discontinue the use of coal in 2025. The accelerated…

SDCL Energy Efficiency Income Trust plc, the first UK-listed investment company of its kind to invest exclusively in the energy efficiency sector, has agreed to acquire a portfolio of cogeneration assets in Spain for a total cash consideration of approximately €64 million. The substantial majority of the portfolio’s revenues are…

September 16, 2019 – Boulder, Colo. – A new report from Navigant Research analyzes the global market for distributed renewable (DRen) technologies, providing global market forecasts, broken out by region and application, through 2028. DRen technologies have the ability to power local communities while decreasing carbon emissions and dependence on…...

The 36th European PV Solar Energy Conference and Exhibition (EU PVSEC) closed its doors today in Marseille, France, after five days of Conference and four days of Exhibitions. The EU PVSEC 2019 was chaired by Florence Lambert, Director of CEA Liten, France. During the Conference the worldwide community of photovoltaics…

11 September 2019: The Floating Wind Joint Industry Project (JIP), managed by the Carbon Trust, has today launched the Floating Wind Technology Acceleration Competition to accelerate the development and commercialisation of floating wind. The Carbon Trust, together with 14 leading offshore wind developers represented by the Floating Wind JIP, will select the best…

The European Investment Bank (EIB) has agreed EUR 7 billion of new financing. This includes support for new investment to improve social housing, clean energy and sustainable transport, telecommunications, health and education. The EIB also approved more than EUR 2.8 billion of new support for business investment through both direct…