Wind Power

By Brian Parkin and William Wilkes, Bloomberg Germany’s onshore wind crisis, which is already cutting into company profits and costing jobs, may also begin to weaken defenses against blackouts. That’s the conclusion of analysts who see electricity risks mounting in Europe’s biggest economy, where construction of new onshore wind parks has dropped to a standstill because...
Hydropower

By Justin Villamil, Bloomberg Mexico’s president is upending a system to encourage renewable-power development, dealing another blow to efforts to attract private investment to the nation’s energy sector. The government of Andres Manuel Lopez Obrador is changing rules for clean-energy credits, allowing aging hydroelectric dams operated by Mexico’s state-owned utility to qualify. The move, critics say,...
Event Coverage

New Orleans is the most European of U.S. cities, a low-lying port founded by the French, run by the Spanish for a time and long one of America’s most popular destinations for tourists. It’s the entry and exit point for ships on global commercial voyages to and from the U.S. It has great ties to...
Solar

By Ewa Krukowska, Bloomberg The European Investment Bank adopted an unprecedented strategy to end funding for fossil fuel energy projects, in a move expected to support Europe’s plans to become the first climate-neutral continent. The board of the Luxembourg-based lending arm of the European Union decided at a meeting on Thursday to approve a new energy...
Baseload

Clarion Energy (part of Clarion Events) today unveiled Enlit – the new name for European Utility Week and POWERGEN Europe – in front of 18,000 industry leaders in Paris Expo Porte de Versailles. The result of a six-month creative consultation with market-leading Larsen Energy Branding, Enlit is the world’s only complete energy event. It will...
Solar

By Will Wade, Bloomberg SunPower Corp., one of America’s largest solar-panel makers, is giving up its manufacturing business to focus on installing rooftop solar systems. The company is spinning off its panel production operations into a new company, Maxeon Solar, that will be based in Singapore with factories in France, Malaysia, Mexico and the Philippines, according...
Onshore

GE Renewable Energy and China Huaneng Group have signed an agreement to build a 715-MW wind farm in Puyang prefecture, Henan Province, China. The deal was signed at theChina International Import Expo (CIIE) and represents GE’s largest-ever wind order in Asia, as well as the single-largest onshore wind deal ever awarded to a non-Chinese wind...
Microgrids

PowerGen Renewable Energy (PowerGen), a company that develops, manages and supports micro-utilities in Africa, announced that it received Series B investment from Shell New Energies, as well as Omidyar Network, Acumen, Renewable Energy Performance Platform (REPP), EDFI ElectriFI, Sumitomo Corporation, DOB Equity, and Micro-grid Catalytic Capital Partners (MCCP). The company said the funds will strengthen...