Growth in the wind energy sector is primarily driven by one market, China. The United States of America ranks second, Germany and Spain rank third and fourth, respectively. India remains in fifth position with growth almost consistently matching the global average.
The contribution of offshore power continues to gain momentum. A more rapid globalisation of wind energy is becoming evident. Countries previously without wind generation capacity, or with very limited capacity, are now looking at far more ambitious plans than the early adopters considered when wind energy was in its relative infancy, and putting in place targets and fiscal incentives to reach them.
RenewableUK welcomes the Government’s commitment to “support industries of the future” in its modern Industrial Strategy. This includes delivering affordable energy and clean growth, investing in science, research and innovation, upgrading infrastructure and boosting trade and inward investment.
The Prime Minister Theresa May launched the proposals “to drive growth across the whole country and create more high skilled, high paid jobs” in a green paper published today.
RenewableUK’s Executive Director Emma Pinchbeck said: “The Prime Minster has taken a bold step by focussing specifically on innovative new industries where the UK is leading the world, and which are [...]
Some of the leading organizations present in the renewable energy value chain include Ministry of Environment, Energy and the Sea (France), Ministry of New and Renewable Energy (India), Ontario Power Authority (Canada), Office of Gas & Electricity Markets, U.K. Government (U.K.), Ministry of Economy, Trade and Industry (Japan), Dominion Virginia Power (U.S.), Tennessee Valley Authority (U.S.), Los Angeles Department of Water & Power (U.S.), Orcas Power & Light (U.S.), Green Mountain Power (U.S.), and Eugene Water & Electric Board (U.S.), among others.
Countries in North America, especially the U.S., and some major countries in Europe, particularly the ones [...]
With the election of Donald Trump as president of the US, the country’s domestic energy policy is poised to witness the reversal of a number of major environmental policies of outgoing President Barack Obama, leaving the renewable energy sector at risk, according to research and consulting firm GlobalData.
The company’s latest analysis states that clean energy investors are worried that the new president will put renewable energy sources in jeopardy by moving away from Obama’s Clean Power Plan and exiting the Paris agreement. Indeed, a number of US solar companies have already witnessed a decline in stock value, including First Solar and SunPower Corporation, while coal stocks [...]