wind energy

Offshore Energy Investment Needs Trillions to Meet Future Demand: IEA

The International Energy Agency (IEA) released Friday morning its latest Offshore Energy Outlook, outlining the agency's current estimates of offshore energy production of oil, natural gas and wind power. Offshore ...
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Can GE’s New Energy Storage Platform Help the Flailing GE Turnaround?

General Electric Co. (NYSE: GE) has had more troubles than can easily be counted, and the GE Power unit has seen some mixed results over time. Now GE is unveiling ...
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18% of US Energy Comes From Renewable Sources

Over the past 10 years, renewable power-generation capacity has accounted for 55% of all new construction. In 2017, the percentage of U.S. power generated from renewable sources rose from 15% ...
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Wind Turbine Maker Vestas Plans Solar, Storage Businesses

Denmark-based Vestas Wind Systems A/S plans to add solar power and energy storage products to its world-leading wind turbine business to give the firm a hybrid renewable energy system that ...
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Corporations Add Record Amount of Green Energy in 2017

Global corporations signed a record number of power purchase agreements (PPAs) for green energy in 2017. A total of 43 corporations in 10 countries last year agreed to purchase 5,400 ...
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2017 Global Clean Energy Investment Tops $333 Billion

Led by new investment in solar energy projects totaling nearly $161 billion, global investment in clean energy technology rose to $333.5 billion in 2017, the second-highest total on record and ...
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Google Power Consumption Now 100% Green

Alphabet Inc. (NASDAQ: GOOGL) and Google are the largest renewable energy buyers in the world. On Friday the company announced that it added another another 535 megawatts (MW) to bring ...
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Electricity Generation Costs from Solar, Wind Continue to Fall

The cost of generating one megawatt-hour (MWh) of electricity at a utility scale wind-generation plant costs between $30 and $80. At a utility scale solar farm the cost ranges from ...
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Q3 Global Clean Energy Investment Totaled $67 Billion

Led by a $4.5 billion, 2-gigawatt (GW) wind project in Oklahoma, global investment in clean energy totaled $66.9 billion in the third quarter, up 3% sequentially and 40% year over ...
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Electricity Jolts Worldwide Energy Investments in 2016 That Totaled $1.7 Trillion

In its 2017 World Energy Investment report released last week, the International Energy Agency (IEA) estimated total global investment of $1.7 trillion or about 2.2% of global gross domestic product ...
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US Electricity Grid Study May Hold Some Surprises

Shortly after Energy Secretary Rick Perry was confirmed by the Senate in April, he ordered a review of the country's electricity grid, paying special attention to whether policies that encourage ...
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China Replaces US as Largest Producer of Renewable Energy

China's total electric power generation capacity from renewable sources now represents 20.5% of the world's total while the U.S. share is 20%. China is now the world's leading producer of ...
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Global Renewable Energy Investments to Reach $7.4 Trillion Through 2040

Between now and 2040, global spending on new electric power generation is forecast to total $10.2 trillion. Of that total, 72% — $7.4 trillion — will be invested in renewables, with ...
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Renewable Energy Supports 9.8 Million Jobs Worldwide

According to the International Renewable Energy Agency's "Renewable Energy and Jobs – Annual Review 2017," the industry supports 9.8 million jobs worldwide. The number seems small based on the breadth ...
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No, Wind Power in America Is Not Dying

There have been many uncertainties around all aspects of alternative energy and renewable energy of late. After all, the election of Donald Trump as President of the United States has ...
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