Icelandic Waste to Get Shipped Abroad for Dutch Energy

Geminor has signed a deal to handle what it claims is the first ever export of treated waste from Iceland. The Norwegian resource management firm penned a five-year contract to ship refuse-derived fuel (RDF) from Iceland to the Netherlands, where it will be transported to a waste-to-energy facility. The agreement …

Renewable Power ‘Already Cheapest Kind of Electricity in Many Countries’

Renewable power is already the cheapest source of electricity in many parts of the world. That’s the verdict from a new report published by the International Renewable Energy Agency (IRENA), which suggests the cost advantage of renewables will extend further as prices continue to fall in the next decade. It …

Bill Gates and EU Launch €100m Clean Energy Investment Fund

A new €100 million (£88m) clean energy investment fund has been launched by a fund led by Bill Gates, the European Commission and European Investment Bank (EIB). Initially announced in October last year, Breakthrough Energy Ventures Europe (BEV-E) will support Europe’s best clean energy entrepreneurs whose solutions can deliver “significant …

India Invests More in Solar Than Coal for First Time

India invested more money in solar energy than coal-fired generation for the first time ever last year. That’s according to a new report from the International Energy Agency (IEA), which also highlights how the country’s total investments in clean electricity exceeded the amount of money spent on fossil fuel power …

Microsoft Inks PPA for Dutch Offshore Wind Energy

Microsoft has signed a new deal to buy electricity from a 713.5MW offshore wind farm in the Netherlands. It is purchasing 90MW of power from the Borssele III/IV wind farm under a power purchase agreement (PPA) with Dutch developer Eneco. Electricity generated from the offshore wind farm will be used …

US to Become World’s Largest Market for Grid-Connected Energy Storage

The US is projected to take over South Korea as the world’s largest market for grid-connected energy storage this year. That’s according to new research, which suggests solar combined with battery storage as well as peaking capacity requirements are driving increased procurement. Deployments of grid-connected energy storage in the US …

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German Onshore Wind ‘Collapse’ Jeopardises EU Renewable Energy Goals

The “collapse” in the growth of onshore wind energy in Germany is jeopardising both the nation’s and the EU’s renewable energy targets. The warning comes from trade body WindEurope, which says Germany installed only 134MW of new onshore wind capacity in the first three months of 2019 – its worst …