UK owns seven of top ten mega capacity offshore wind projects globally, says GlobalData
The global offshore wind market is set to grow at a compound annual growth rate of 16.2% between 2019 and 2030, reaching a cumulative capacity of 142 gigawatts (GW) by 2030, compared to 23.2GW at the end of 2018, according to GlobalData, a leading data and analytics company. Currently, the largest markets in wind offshore development are the UK, Germany, China, Denmark and Belgium – representing almost 93% of the installed offshore wind capacity. The UK, which has around 35% of global offs...
Study Finds CEE Countries Like Poland Offer Huge Investment Opportunities in Renewables, Solar Companies Look Set to Capitalize
Seven countries in Central and Eastern Europe secured a ranking in the 2019 ‘CMS Infrastructure Index: Bridging Continents,’ with Poland on top of the list for investment attractiveness. One of the region’s largest investors in solar, Sun Investment Group, looks set to continue its growth. Central and Eastern European countries figure prominently in the 2019 CMS Infrastructure Index, with the region cited as among the most attractive destinations for infrastructure investment. Poland, in...
U.S. Solar Market and 15 States See Best Quarter Ever for Residential Solar
WASHINGTON, D.C. and HOUSTON, TX – The U.S. residential solar market reached record highs in the third quarter of 2019 with 712 megawatts of solar installed, according to the latest U.S. Solar Market Insight report from Wood Mackenzie Power & Renewables and the Solar Energy Industries Association (SEIA). The U.S. solar market added 2.6 gigawatts of solar photovoltaics in the third quarter, swelling total U.S. solar capacity to 71.3 gigawatts. The increase in residential installations helped t...
Nexans, Eversource and Ørsted sign Framework Agreement for North American Offshore Wind Farm
Nexans invests in its U.S. high voltage facility to make it the first and unique subsea high voltage cables plant in the U.S. Paris La Défense – Nexans, the global expert in advanced cabling and connectivity solutions, Eversource, New England’s premier transmission builder, and Ørsted, the world leader in offshore wind, announced today a framework agreement. The agreement will reinforce their long-term partnership and will result in Nexans having the opportunity to provide up to 1,000 km of s...
Work Begins on Adelaide Green Hydrogen Plant
Australian Gas Networks has begun construction of its HyP SA hydrogen production facility at the Tonsley Innovation District in Adelaide. Construction has begun on a pioneering hydrogen production facility in Adelaide, which will play a major role in South Australia’s bid to become a global leader in certified green hydrogen. The AU$11.4 million HyP SA facility is being built at the Tonsley Innovation District and is expected to start renewable hydrogen production around mid-2020. The...
Failed SolarReserve Project Given Second Life in South Australia
Australian thermal energy storage company 1414 Degrees will buy SolarReserve’s ill-fated Aurora site in Port Augusta to build a solar farm and large-scale storage system. The company, based in Adelaide, South Australia, plans to build up to 400MW of solar PV on the site and install a grid-scale Thermal Energy Storage System, which it calls TESS-GRID. 1414 Degrees aims to progressively scale up the storage capacity to several thousand MWh. It says a TESS-GRID at this scale would be able to...
Innovation project to reduce cost of floating solar plants
Large-scale floating photovoltaics plants can be one of the solutions for a sustainable energy supply. The EU has now approved a project that will optimize the anchoring and mooring of floating solar plants and adapt the anchoring to ocean environment as well. The aim is to significantly reduce the cost of anchoring floating solar parks. RISE is part of a consortium of Swedish, Spanish and Portuguese players who have now received funding from the European Union's European Maritime and Fishe...
Latin America and Caribbean on the Brink of Massive Solar Power Growth
Lima, Peru – Latin America and the Caribbean could grow their installed solar capacity by a factor of 40 by 2050, a new report by the International Renewable Energy Agency (IRENA) shows. Annual investmens exceeding seven billion would see the region's solar PV capacity rise from 7 gigawatts (GW) today, to more than 280 GW by mid-century. While solar energy remains the highest in Asia, North America and Europe, market growth is set to shift to other regions in the world. By that time, solar PV...
Perovskite Solar Cells Get An Upgrade
HOUSTON – Rice University scientists believe they’ve overcome a major hurdle keeping perovskite-based solar cells from achieving mainstream use. Through the strategic use of the element indium to replace some of the lead in perovskites, Rice materials scientist Jun Lou and his colleagues at the Brown School of Engineering say they’re better able to engineer the defects in cesium-lead-iodide solar cells that affect the compound’s band gap, a critical property in solar cell efficiency. As a...
Nexans is Preferred Power Export Cable Supplier for the Seagreen Offshore Find Farm Project
Nexans is SSE’s preferred supplier for the design, manufacture and installation of the onshore and offshore export cables for the 1,075MW Seagreen wind farm project Nexans will supply and install the three 65 km offshore export cables and three 20 km onshore export cables for the project Paris La Défense, November 4, 2019 – Nexans has been appointed by SSE as the preferred supplier to design, manufacture and install the onshore and offshore export cables for the Phase 1 developmen...
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June Issue 2026
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