News

Within a decade, if not a few years, the levelized cost of electricity is coming way down for new utility-scale onshore wind and solar photovoltaic (PV) projects to levels below all fossil or conventional...

For the second year in a row, Xcel Energy has hit a significant milestone in its quest to deliver 100% carbon-free electricity to customers by 2050. Xcel reported that it broke its own record...

Colombian power generator Isagén has completed the acquisition of two small hydroelectric plants with a total capacity of 39.8 MW from Generadora Luzma. In a statement, the Medellín-based firm did not provide details of the transaction but...

National Grid Renewables, which includes the renewables development company formerly known as Geronimo Energy, announced today the start of construction on the 200-MW Prairie Wolf Solar Project in Coles County, Illinois. The project is...

Renewable energy developer RP Global announced that it is investing in the development of PV and wind power projects across Poland. Wojciech Glocko, former EPA Wind and utility manager, has been hired to head up...

At least $14 trillion needs to be invested in the grid worldwide by 2050 to support an evolved power system, according to BloombergNEF's new Power Grid Long-Term Outlook 2021 published this week. The transition to electric heating and...

Last week, US residential solar and storage installer Sunnova announced it has secured a position of 85 megawatts in the recent ISO-New England Forward Capacity Auction (FCA15). Sunnova’s aggregated residential solar portfolio will offer...

According to new analysis by GWEC Market Intelligence in its latest Q4 2020 Wind Energy Auction Update, nearly 30GW of new wind power capacity was awarded globally through auctions in the second half of 2020, which is a slight increase compared to the 28GW awarded during H2 2019. This surge in new auctioned capacity is a clear signal that the industry is back on track and committed to building up the global pipeline of wind power projects, notes the report.

Boston University prioritized impact over location in deciding to buy electricity from a South Dakota wind farm. Boston University has started sourcing all of its electricity from a newly built wind farm in South Dakota, a...

Iberdrola is planning what it says will be the first industrial scale floating offshore wind farm in Spain. The 300-MW project will cost more than €1 billion said the company. It will be located...