Wartsila signs EPC contract for energy storage project in Asia
Wartsila has signed an EPC contract for a 100 MW/100 MWh capacity energy storage project in South East Asia.
The energy storage system facility, including...
India to achieve 63% of power capacity from Renewable Energy: CEA
India is likely to achieve 63 percent of its installed power capacity from non-fossil fuel sources (including hydro) by 2029-30, according to a report...
Renewable energy cos face hurdle as Andhra Pradesh wants new PPAs
Attempt by the Andhra Pradesh state government in India to renegotiate its deals to purchase solar and wind power will hamper generators’ operating cash...
Renewable energy investment dips 14% to $117.6 bn in first half
Renewable energy investment dropped 14 percent to $117.6 billion in the first half of 2019, according to the latest figures from BloombergNEF (BNEF).
The report...
FERC revises forecast in U.S. electrical generating capacity mix
Federal Energy Regulatory Commission (FERC) has revised its 3-year forecast in the U.S. electrical generating capacity mix.
There will be declines for fossil fuels and...
GE to demolish power plant in California due to non-viability
General Electric plans to demolish a 750-megawatt natural-gas-fired power plant it owns in California this year after one-third of its useful life due to...
Renewables industry needs more reforms to grow business
More renewable power capacity was installed than fossil fuel and nuclear power combined - 100 gigawatts (GW) of solar PV alone was added in...
New Energy Outlook 2019 from BloombergNEF
Drop in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050,...
Energy investment reaches $1.8 trillion in 2018: IEA
Global energy investment totalled more than $1.8 trillion in 2018, a level similar to 2017 -- ending three consecutive years of decline.
Capital spending on...
Wartsila wins LNG dual-fuel generating set order in China
Wartsila has won a contract to supply 40 20DF dual-fuel generating sets for 12 new LNG fuelled platform supply vessels (PSV) in China.
Wartsila, which bagged...
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