Renewables

Solar energy production in Japan and South Korea surged to record levels in May, according to global energy think tank Ember.

Why Is Solar Energy Renewable?

Energy is divided into two types depending on their restriction on reuse, renewable and non-renewable. In this article, we will explain why is solar energy renewable. Energy is considered renewable when energy from sources is replenished naturally on its own without any influence from the human timeline. Renewable energy is called clean energy because it …

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Global investment in offshore wind energy will increase as countries move towards cleaner energy sources, Rystad Energy reported.

Global Investment in Wind Energy Will Exceed $100 Billion by 2030

Global investment in offshore wind energy will increase as countries move towards cleaner energy sources, Rystad Energy reported. According to experts, investments in this area will more than double and reach $102 billion in 2030 compared to $46 billion last year. “The driving force behind this growth is a significant increase in capacity in Europe, …

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renewable energy

South Korean Environment Ministry Pledges a Twofold Increase in Renewable Energy Production

According to the roadmap for expanding renewable energy released on Tuesday by the Ministry of the Environment, the production of renewable energy at environmental facilities in Korea is set to double within five years, The Korea Herald informed. The ministry revealed its strategy for increasing the production of renewable energy at environmental facilities, with a target of …

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renewables

Swedish Energy Company Looks into Hybrid Renewables Scheme in Wales

Vattenfall, a Swedish energy provider, has announced plans to begin work on a hybrid scheme in renewable energy at the Mynydd Lluest y Graig in Wales, ReNewsBiz informed. Located in north Powys between two villages named Talerddig and Llanerfyl, Vattenfall at the site, plans to develop a variety of technologies, that include wind turbines, solar panels, and energy storage …

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renewable energy

India Has Huge Potential for Renewable Energy – Investment Reached 125% Last Year, but Investments Conditions Must Be Improved

In the land of ancient wisdom, the homeland of the Buddha, last year the growth of investments in renewable energy sources was huge. Nearly $ 15 billion was invested in India last year to develop renewable energy projects. The growth of investments in this sector is 125%. Having in mind the needs and potentials of …

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offshore wind farm

Atlas Renewable Energy Purchases Juramento, a Wind Farm in Brazil

Atlas Renewable Energy, a US-based renewable energy company, has purchased Juramento, a 378MW wind farm in Minas Gerais, Brazil, from Voltalia, a French energy company, Power Technology has reported. The Juramento wind farm includes 63 turbines and can create 1,650GWh of clean energy each year, which is enough to power nearly 800,000 Brazilian households. The facility …

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microsoft

Microsoft and Amplus Solar Announce New Renewable Energy Deal

Microsoft, the world’s largest software firm, has inked a long-term renewable energy arrangement with Amplus Solar, a subsidiary of Malaysia’s Petronas oil and gas corporation, Power Technology reported. Microsoft will acquire power from a 100MW solar project being developed by Amplus in the Indian state of Rajasthan under the terms of the agreement. The agreement …

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