Category Archives: GWEC in press

How I learned to love power auctions

Recharge news

While the US administration of Jimmy Carter can rightly claim the invention of the feed-in tariff, it was Germany’s 1990 ‘Feed-in law’ which provided the initial impetus to the large scale development of wind and solar technologies. Revised in 2000, it became the EEG, which, depending on your point of view, has been the single most successful spark to …

Posted on by Lauha Fried | Posted in GWEC in press |

DONG Energy to build $13-26 million hub for UK offshore wind

Reuters

Denmark’s DONG Energy (DENERG.CO) said on Thursday it would build a multi-million pound maintenance hub in Grimsby, northeast England, to provide services for its offshore wind operations.

The new facility would, subject to planning approval, be built at the town’s Royal Dock and provide maintenance support to the company’s wind farms in the region.

Britain is the world leader for installed …

Posted on by Lasma Livzeniece | Posted in GWEC in press |

Should Investors Add Wind Energy to Their Portfolio?

Green World Investor

Any investor with a green conscience will definitely be considering investing in something they believe in, and not just to make money from. There are many different types of renewable energy stocks and shares available to invest in, but with wind energy set to increase by 64% by 2020 in Europe alone, this is one of the best …

Posted on by Lasma Livzeniece | Posted in GWEC in press |

China embarked on wind power frenzy, says IEA

BBC 

China has been building two wind turbines every hour, the International Energy Agency (IEA) has told BBC News.

This is the world’s biggest programme of turbine installation, double that of its nearest rival, the US.

The nation’s entire annual increase in energy demand has been fulfilled from the wind.

But the IEA warns China has built so much coal-fired generating capacity that …

Posted on by Lauha Fried | Posted in GWEC in press |

Recharge Thought Leaders tackle wind financing at Brazil Roundtable

Recharge

Recharge’s latest Thought Leaders Roundtable in Rio de Janeiro brought together 45 leaders of the local and international wind industry at the city’s Museum of Modern Art, setting the tone for the following three days of debate at the Brazil Windpower Congress – the largest wind event in the country.

Sponsored by the Brazilian Association of Heavy Machinery Manufacturers …

Posted on by Lasma Livzeniece | Posted in GWEC in press |

Iran is a perfect place for wind, and its capital is choking in pollution

Recharge

5 MINUTES with Steve Sawyer, GWEC

As wind energy expansion shifts to emerging markets, new hotspots for the industry are joining more established markets such as Brazil or India, Steve Sawyer, secretary general of the Global Wind Energy Council (GWEC), tells Recharge.

Wind power in emerging markets is diversifying and moving towards new hotspots. Which ones in particular are of interest to …

Posted on by Lauha Fried | Posted in GWEC in press |

Cuba Turns to Foreign Investors as Cheap Venezuelan Oil Fades

Bloomberg

Nearly two years after presidents Barack Obama and Raul Castro announced a thaw in relations, Cuba’s communist government is turning to foreign investors to boost renewable energy as it faces cutbacks in cheap oil imports from Venezuela.

The government formed by Fidel Castro in 1959 and led by his brother, Raul, is pitching large wind and solar projects and biomass plants that …

Posted on by Lasma Livzeniece | Posted in GWEC in press |

Brazil energy official sees regulatory stability under Temer

Recharge

After Brazil’s Senate today confirmed the removal of President Dilma Rousseff for alleged budgetary irregularities, the country’s chief energy planner told Recharge he expects the new government to provide regulatory stability for investors in the wind sector.

In a final vote after almost half a year of political turmoil, 61 senators approved the impeachment of Rousseff, with only 20 voting against …

Posted on by Lauha Fried | Posted in GWEC in press |

Fresh financing options tops Brazil wind agenda

Recharge

As the National Development Bank (BNDES) moves to reduce project financing, the wind sector in Brazil is searching for alternatives that would allow its development boom to continue, industry leaders said at a roundtable organized by Recharge in Rio de Janeiro.

“It’s all about financing. We have gotten used to too much from BNDES and this has moved us away from …

Posted on by Lauha Fried | Posted in GWEC in press |

Record Upsurge in Clean Energy Investments despite Low Oil Prices

JustMeans.com

Expansion of the global clean energy sector is the single most influential factor in the fight against climate change. Around the world, now over eight million people are employed in the clean energy industry. In the U.S., more people now work in the solar industry than in oil and gas extraction.

According to the recent REN21 global status report, rise in …

Posted on by Lasma Livzeniece | Posted in GWEC in press |