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Special reports

EIA predicts future renewables increase

The EIA reports that electricity generation from renewable sources such as wind and solar will surpass nuclear and coal by 2021 and to surpass natural gas in 2045.

 

Ørsted to become carbon neutral by 2025

Ørsted will become carbon neutral by 2025, as announced in its Sustainability report 2019. During the last 10 years, Ørsted has transformed from a company with fossil fuels at the core of its business to a pure-play renewables company.

 

Power Ledger launches REC marketplace in the US

Australian energy trading technology company Power Ledger has partnered with the Midwest Renewable Energy Tracking System to launch a Renewable Energy Certificate marketplace in the US.

 
 
 

Wärtsilä power plant to support renewables in Barbados

The technology group Wärtsilä has won the contract to supply a 33 MW flexible power plant on a fast-track basis to the Barbados Light & Power Company Limited, the utility company on the Caribbean island of Barbados.

 
 

ADFD approves financing of renewable energy projects

Abu Dhabi Fund for Development has confirmed the allocation of approximately US$105 million for eight renewable energy projects under the seventh cycle of its partnership with the International Renewable Energy Agency.

 
 
 
 

The STA respond to Ofgem’s RIIO-ED2 2023 announcement

Ofgem has announced plans to push electricity suppliers to invest more in developing a carbon neutral energy system in the next price control period, in 2023, following pressure from industry and business groups to do more to accelerate decarbonisation of the energy system.

 

Siemens Gamesa enhances sustainable funding strategy

Siemens Gamesa Renewable Energy continues to demonstrate that sustainability can be present in every step it takes as a company, including its funding strategy. In less than a year, it has accumulated €1.48 billion in green guarantee lines.

 

Lincoln Clean Energy becomes Ørsted

In October 2018, Ørsted acquired Lincoln Clean Energy (LCE). Since then, areas of the business have been systematically integrated to ensure an effective operating model capitalising on the capabilities from both companies.