The Canadian Wind Energy Association (CanWEA) has reported that Canada closed 2015 seventh in the world for total installed wind energy capacity with 11,205 MW, and sixth in the world for the amount of capacity added in 2015. Over the year, Canada added 1,506 MW of new wind capacity through the commissioning of 36 projects, 23 of…
Over 25% of Brazil’s total power capacity will come from non-hydro renewables by 2025
Brazil’s non-hydro renewable power sector is expected to account for more than 25% of Brazil’s total capacity by 2025, according to research and consulting firm GlobalData. Non-hydro renewables’ cumulative installed capacity will also more than triple from 17.1 GW in 2014 to an estimated 57.8 GW by 2025. The company’s report, Brazil Power Market Outlook to…
China’s non-hydropower renewable installed capacity will more than triple to 609 GW by 2025, says GlobalData
Cumulative installed capacity for renewables, excluding hydropower, in China will more than triple from 196.3 GW in 2015 to an estimated 608.9 GW by 2025, representing a Compound Annual Growth Rate of 12%, driven primarily by ambitious government targets for onshore wind, according to research and consulting firm GlobalData. The report, titled: China Power Market…
Industry grows as policy uncertainty threatens future gains
With over 1,600 MW of new wind capacity installed during the third quarter of 2015, and nearly 3,600 MW installed in all of 2015, wind power continues to gain strength. The release of the American Wind Energy Association’s (AWEA) U.S. Wind Industry Third Quarter 2015 Market Report shows the market for low-cost wind energy continues to…
Vancouver Mayor voices support for British Columbia to integrate more wind energy, according to CanWEA
The Canadian Wind Energy Association (CanWEA) and a group of leading wind energy companies recently met with Vancouver Mayor Gregor Roberston and senior city officials. The meeting focused on the importance of diversifying B.C.’s power sources with renewable generation like wind energy and the role municipalities play in advocating for a cleaner energy future. ”The…
Renewables will boost Japan’s installed capacity to 390 GW by 2025, says GlobalData
Japan’s cumulative installed capacity will rise from 317.5 gigawatts (GW) in 2014 to an estimated 389.8 GW by 2025, representing a moderate Compound Annual Growth Rate (CAGR) of 1.9%, according to research and consulting firm GlobalData. The company’s latest report states that while thermal sources will contribute the majority of installed capacity, with an expected overall…
Government policies will remain key to Europe’s renewable energy growth thru 2020
Renewable energy support methods, such as Feed-in Tariffs (FIT), quota obligations, capital grants, and subsidies, will continue to be instrumental in promoting Europe’s renewable energy industry growth by 2020, according to research and consulting firm GlobalData. The company’s latest report states that of the various support mechanisms in Europe, FIT’s have emerged as a particularly…
IT industry’s renewable energy procurement is significant and set to climb
The percentage of renewable electricity purchased by U.S. companies in the information and communication technology (ICT) sector is growing and will likely increase significantly by the start of the next decade, according to a first-ever analysis by the Energy Department’s National Renewable Energy Laboratory (NREL). The report, “Renewable Electricity Use by the U.S. Information and…
U.S. electricity from renewables to grow 1.8% in 2015
The total amount of electricity generated by renewable energy sources in the United States will grow 1.8% this year, estimates the U.S. Energy Information Administration (EIA) in a Short-Term Energy Outlook released this summer. According to EIA projections, non-hydropower renewable power generation will increase by 5.5% in 2015, while hydropower will decrease 2% in that…
American wind power continues to ramp up in 2015
With 1,661 megawatts (MW) of newly installed wind turbines coming online during the second quarter of 2015 and more than 13,600 MW under construction, American wind power continues to increase its contribution to the U.S. electric power grid. The approval in May of Florida’s first purchase of wind energy, from a wind project in Oklahoma,…
GE inks deal with TerraForm Global to boost international wind growth
GE’s renewable energy business announced a $25-million investment in TerraForm Global. TerraForm is a dividend growth-oriented company, or yieldco, formed by SunEdison to own and operate contracted renewable power generation assets in attractive, high-growth emerging markets. “This investment is about driving continued global growth for renewable power,” said Anne McEntee, president & CEO of GE’s…
Canada’s wind energy industry reaches another significant milestone
Canadian Wind Energy Association (CanWEA) is pleased to announce that Canada’s wind energy industry has taken another significant leap forward. With the commissioning of the K2 Wind Power Project in southwestern Ontario this month, Canada has now become the 7th country in the world to surpass 10,000 MW of installed wind energy capacity. “Meeting the…
Renewable energy targets quadrupled globally since 2005, new IRENA report finds
Renewable energy targets are now a defining feature of the global energy landscape, according to a new report by the International Renewable Energy Agency (IRENA). Renewable Energy Target Setting, launched on the side lines of IRENA’s ninth Council meeting, finds that 164 countries have adopted at least one type of renewable energy target, up from…
Renewable energy must be key component of U.S. energy policy, according to industry leaders
Energy industry leaders are meeting in Washington D.C. to discuss renewable energy as an important component of U.S. energy policy – key to addressing the issues of climate change, energy security, and economic development. The event, The Renewable Energy Transition, is co-organized by the International Renewable Energy Agency (IRENA) and the Atlantic Council Global Energy…
Renewables share of U.S. energy consumption highest since 1930s
Renewable energy accounted for 9.8% of total domestic energy consumption in 2014. This marks the highest renewable energy share since the 1930s, when wood was a much larger contributor to domestic energy supply. Renewable energy use grew an average of 5% per year over 2001-2014 from its most recent low in 2001. The increase over…
Annual plug-in electric vehicle sales expected to exceed 1.1 million in North America by 2024
A new report from Navigant Research analyzes the North American market for light duty plug-in electric vehicles (PEVs), including detailed geographic forecasts of PEV sales by U.S. state, metropolitan statistical area (MSA), Canadian province, Canadian city, and selected U.S. utility service area. With more than 133,000 PEVs sold in 2014, North America is currently the…
Renewables’ driving electric transformer market growth to 2019 at 5.9% CAGR globally
Global Electric Transformer Market 2015-2019 research report says growing significance of renewable power generation will spur growth in the electrical transformer market for next few years with ABB, Alstom SA, General Electric (GE), and Siemens AG featured as key vendors in the industry. Development of next-generation transformers is one of the major trends upcoming in…
Juhl Energy forecasts solid 2015 as first quarter revenue jumps 9.4%
Juhl Energy, a provider of clean energy solutions and the community wind power, recently announced financial results for the first quarter ended March 31, 2015. “The first quarter of 2015 represents a solid continuation of the steps we took in the last six months of 2014,” stated Dan Juhl, Chairman and CEO of Juhl Energy.…
Nordex sales up by 17% with some decline in the Americas
The Nordex Group posted a 17% increase in sales to EUR 496.5 million in the first quarter of the current year (Q1/2014: EUR 424.5 million). This growth was materially driven by business in EMEA (Europe/Africa), whereas sales in the Americas and in Asia declined. The sharp overall increase in activity is reflected in the 44.2%…
Latin America’s wind power outlook for 2015
The wind power market in Latin America expanded by 326% in 2014 compared to the previous year. More than 4.1 gigawatts (GW) of wind power capacity was commissioned in the region, surpassing the previous year’s total of 1.3 GW. Brazil led the region with the connection of 2.5 GW in 2014. Elsewhere, record years in…