Remove 2019 Remove Energy Monitor Remove Hydropower Remove Solar Energy Monitor
article thumbnail

Low carbon generation set to meet electricity demand growth – IEA

Smart Energy International

The IEA’s Electricity 2024 report records electricity demand growth easing in 2023 but is projected to accelerate over the next three years through 2026. The update finds that world demand for electricity grew by 2.2% Nuclear power generation also is expected to reach an all-time high, with growth averaging close to 3% per year.

article thumbnail

ReNew Power acquires 359 MWs of hydro, solar projects in India

Renewable Energy World

ReNew Power in India is acquiring two assets with a combined enterprise value of INR28.5 ReNew will acquire L&T Uttaranchal Hydropower Ltd., which owns the 99-MW Singoli Bhatwari Hydroelectric Project (SBHEP), from L&T Power Development Ltd., ReNew will acquire L&T Uttaranchal Hydropower Ltd., billion to 4.0

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

New York City Is About to Get an Injection of Tidal Power. Is This Time Different?

GreenTechMedia

New York City may be weeks away from seeing tidal power injected onto the local grid. The Roosevelt Island Tidal Energy (RITE) installation will feature three underwater 35-kilowatt turbines on a single triangular base called a TriFrame. Still, the path toward bigger tidal arrays, and even demonstration projects, looks challenging.

article thumbnail

Solar Dominates Maine’s Largest Renewables Procurement on Record

GreenTechMedia

Maine utility regulators have announced the results of the state’s largest renewables procurement to date, with solar developers coming away with the majority of winning bids. Solar will account for about 482 megawatts of the 546 megawatts of projects approved Tuesday by the Maine Public Utilities Commission.

article thumbnail

Europe’s Energy Storage Market Is Fading, Right When It’s Needed Most

GreenTechMedia

European energy storage deployment is set to shrink compared to other global markets, even as the need for flexibility on the grid increases, according to new research from Wood Mackenzie. By the end of 2019, the total tally (plus the U.K.) GW installed during 2019, indicating the ramp-up required to meet that goal.

article thumbnail

More wind and solar capacity could save some of the world’s most important rivers

Renewable Energy World

The proportion of global power generation represented by VRE, such as wind and solar power, has been rising rapidly since 2007. And according to IEA’ Renewables 2020, Launch Presentation from November 10, 2020, global wind and solar PV’s combined installed capacity will surpass that of natural gas in 2023 and coal in 2024.

article thumbnail

How 4 Top US Utilities Are Grappling With the Energy Transition (or Not)

GreenTechMedia

The past decade has been a wild ride for America's massive electricity sector. Cheap wind and solar have turned the industry's conventional economic wisdom on its head. NextEra Energy: America's renewables behemoth. NextEra Energy: America's renewables behemoth. Today, no U.S. Today, no U.S.