Tom Randall for Bloomberg: Oil prices have fallen by more than half since July. Just five years ago, such a plunge in fossil fuels would have put the renewable-energy industry on bankruptcy watch. Today: Meh.
America's wind installations grew six-fold in 2014, making the United States the world's second-largest wind market behind China, according to new figures out today from research firm Bloomberg New Energy Finance.
While the US returned to growth, China continued its pattern of record-setting installations up 38% from 2013. In 2014, China installed 20.7GW – over four times more than the US – and more than 40% of all new capacity worldwide. For perspective, China has been the world's largest wind market for six years, since overtaking the US. China now has 96GW of grid-connected wind energy capacity, or more capacity than the entire power fleet of the United Kingdom. Wind energy is the country's third-largest power source behind coal and hydropower, and ahead of nuclear.
China's banner year was the result of a policy-driven rush to build, as onshore tariffs are expected to lower this year. The top five Chinese turbine manufacturers Goldwind, Guodian United Power, Envision, Ming Yang, and Sewind led the market with a combined 12.4GW, or 60% of total installed capacity.
Amazon today announced that it is working with the Pattern Energy Group to construct and operate a 150 megawatt wind farm in Benton County, Indiana.
World clean energy investment rebounded strongly in 2014, boosted by demand for large-scale and rooftop solar photovoltaics on the back of its greatly improved competitiveness, and by the financing of a record $19.4bn of offshore wind projects.
ydney-based energy investment group Tag Pacific has today announced it has won a landmark deal to deliver Australia’s largest energy storage system to be operated alongside the University of Queensland-owned Gatton solar power plant in south-east Queensland.
Records 331 to 345 of 1208