GE lost billions by ‘misjudging’ renewables: Report
Investors in General Electric (GE), once one of the world’s most valuable companies, lost tens of billions of dollars after the Paris climate deal as …
wind energy
Former NY City Mayor to plunge USD 500M into clean energy effort
Former New York City Mayor Michael Bloomberg is plunging USD500 million into an effort to close all of the nation’s remaining coal plants by 2030 …
Bimstec nations could tap India’s green energy transition: Experts
With the Bimstec leaders gathered in the national capital for Prime Minister-elect Narendra Modi’s swearing in ceremony on Thursday, the member-nations could benefit from India’s …
Falling Renewable Power Costs Open Door to Greater Climate Ambition: IRENA
Renewable power is the cheapest source of electricity in many parts of the world already today, the latest report from the International Renewable Energy Agency …
World Is Falling Short of Sustainable Energy Goals: IRENA
Despite significant progress in recent years, the world is falling short of meeting the global energy targets set in the United Nations Sustainable Development Goals …
Toshiba, Siemens Gamesa, Blackstone interested in Senvion
Japan’s Toshiba, Siemens unit Gamesa and buyout groups such as Blackstone are interested in buying insolvent German wind turbine maker Senvion, German Manager Magazine said …
World nations failing the poorest on energy goals: Study
More than 150 million people are gaining access to electricity every year, reducing the ranks of those who live without power, but this is not …
Fortum to build its first Finnish large scale wind park in Närpes
Fortum has made the investment decision to start the construction of the 90-megawatt (MW) Kalax wind park in Närpes, Finland. The project consists of 21 …
Orix to buy seven 874 MW wind energy plants of IL&FS
Debt-ridden IL&FS on Sunday said Japan’s Orix Corporation, which owns 49 per cent share each in its seven operating wind power plants, has expressed intent …
Prysmian Secures €200 Million Offshore Wind Energy Project in the US
Prysmian Group has been awarded a contract worth approximately €200 million by Vineyard Wind, LLC, a US offshore wind development company 50% owned by funds …