A 132 MW power plant in The Commonwealth of Bahamas, supplied and built by the technology group Wärtsilä, was taken into commercial operation in December 2019. At the same time, Wärtsilä signed a two-year operation and maintenance (O&M) agreement with…
Wärtsilä converts Brazilian power plant to run on gas for improved sustainability and competitiveness
The technology group Wärtsilä will convert a Brazilian power plant to 100 percent natural gas operation, while at the same time increasing output from…
Gasification Goes Green
HOUSTON – Rice University engineers have created a light-powered nanoparticle that could shrink the carbon footprint of a major segment of the…
Virtual Reality Paving the Way for Enhanced Safety and Efficiency in the Power Industry, Reveals GlobalData
Virtual reality (VR) technology can help the power industry to deliver workforce training and education in an immersive environment. The VR market, worth nearly $7bn in 2018, is set to become a $28bn industry by 2030, at a compound annual growth rate (CAGR)…
Highview Power and Encore Renewable Energy to Co-Develop the First Long Duration, Liquid Air Energy Storage System in the United States
Highview Power Storage, Inc., a global leader in long duration energy storage solutions, and Encore Renewable Energy, a developer of renewable energy generation and storage projects, today jointly announced plans to develop the United States’ first long…
UK owns seven of top ten mega capacity offshore wind projects globally, says GlobalData
The global offshore wind market is set to grow at a compound annual growth rate of 16.2% between 2019 and 2030, reaching a cumulative capacity of 142 gigawatts (GW) by 2030, compared to 23.2GW at the end of 2018, according to GlobalData, a leading data and…
New Report Underlines the Great Potential of Renewables as a Source of Reliable Power for Refugee Settlements
Geneva, Switzerland – On-site renewable energy solutions can cost-effectively supply refugee communities with low-cost, reliable electricity, according to the findings of a new report by the International Renewable Energy Agency (IRENA) in cooperation with…
Study Finds CEE Countries Like Poland Offer Huge Investment Opportunities in Renewables, Solar Companies Look Set to Capitalize
Seven countries in Central and Eastern Europe secured a ranking in the 2019 ‘CMS Infrastructure Index: Bridging Continents,’ with Poland on top of the list for investment attractiveness. One of the region’s largest investors in solar, Sun Investment…
U.S. Solar Market and 15 States See Best Quarter Ever for Residential Solar
WASHINGTON, D.C. and HOUSTON, TX – The U.S. residential solar market reached record highs in the third quarter of 2019 with 712 megawatts of solar installed, according to the latest U.S. Solar Market Insight report from Wood Mackenzie Power & Renewables…
Renewable energy to become dominant energy source in France’s capacity mix by 2027, says GlobalData
Nuclear power, currently the dominant energy source in France, is expected to be overtaken by renewable energy by 2027. The share of renewable energy in France is expected to reach 42.9% of the country’s power mix by 2023, up from 19.9% in 2018, according…
