Renewables are the only major power source to grow in 2020
In its annual World Energy Outlook, the International Energy Agency (IEA) reported that renewables are expected to overtake coal as the primary means of producing electricity by 2025.
Utilities
Fukushima to be reborn as $2.7bn wind and solar power hub
A plan is under way to develop 11 solar power plants and 10 wind power plants in the prefecture, on farmlands that cannot be cultivated anymore and mountainous areas from where population outflows continue.
The world’s largest offshore wind farm just came online off the shores of Britain
The massive wind farm now has 50 of 174 turbines spinning. When completed, the project will have more than double the capacity of the current largest offshore installation.
Florida Power & Light plans for 30 million solar panels by 2030
The “30 by 30” expansion will change the dynamics and make Florida a real leader of solar in the world.
French state-owned utility EDF to invest 8 billion euros in power storage business
“With storage we can smooth out the intermittence of renewable energy and guarantee the balancing of power grids,” EDF chief executive Jean-Bernard Levy told reporters.
European utilities commit to 100% carbon-neutral electricity “well before” 2050
The members of Eurelectric have unanimously agreed to a Vision Declaration that commits them to an ambitious program of making all electricity generated in Europe carbon neutral by 2050.
The world’s first floating wind farm is now producing energy in Scotland
Hywind Scotland, situated in Buchan Deep, is the world’s first floating wind farm, with its five six-megawatt turbines now generating electricity.
World’s largest floating solar PV plant connected to grid in China
Chinese PV manufacturer announced that a 40MW aquaculture project had been grid connected in the flooded coal-mining region of Huainan, China.
Renewables now exceed all other forms of new power generation
According to the International Energy Association, the global growth of renewable energy capacity reached historic levels in 2015.
The cost of solar power has fallen 25% in only 5 months
The cost of building solar plants has declined by 25 percent in just five months, according to two recent bids in China and Dubai. The reduction in price follows a broader trend of solar affordability brought on by cheaper solar panels.