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German government investing $115M in renewable energy in Africa

Renewable Energy World

million) in investment to accelerate the deployment of renewable energy across Africa. The capital will be invested through the African Development Bank’s Sustainable Energy Fund for Africa (SEFA) to unlock private sector participation in funding the region’s transition to low-carbon energy resources.

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Over 60GW of wind energy capacity installed in 2019, the second-biggest year in history

Envirotec Magazine

The Global Wind Energy Council (GWEC) has published the 15th edition of The Global Wind Report , described as the wind industry’s flagship publication which provides a comprehensive, global view of the sector through the latest market data, country profiles, trends and analysis.

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Could wind power the green recovery?

Business Green

But few sectors can lay as strong a claim for playing a central and strategic role in any recovery, as the renewables industry in general and the wind power sector in particular. Furthermore, 1GW of offshore wind power avoids 3.5

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Global wind power grows by more than 60GW in 2019

Business Green

But Global Wind Energy Council forced to revise its forecasts for 2020 and beyond as coronavirus fallout continues. Meanwhile, the growing number of wind farms around the world continues to be largely driven by financing via market based policy mechanisms, such as the UK's Contracts for Difference scheme, it seems.

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Smart Energy Finances: Funding for Capalo AI’s market optimisation platform

Smart Energy International

For example, in windy weather, the prices of renewable energy are low, and therefore, its financial benefit remains low, i.e., wind power becomes a less lucrative investment option. This has led to the construction of batteries next to the turbines, which enables the energy to be discharged into the grid more evenly.

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Vestas Logs Strong Q3 Despite Price Pressure and Trade Woes

GreenTechMedia

Shares in Vestas, the world’s largest manufacturer of wind turbines shot up 11 percent after the firm announced order, profits and revenues were all up in the third quarter compared to last year. This came despite warnings of ongoing trade issues, a slowdown in Asia and ongoing price pressures. Headwinds in Asia Pacific.

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IRENA: Renewables accounted for three quarters of new power capacity in 2019

Business Green

per cent in 2019, with solar and wind making up 90 per cent of new additions, and Asia again dominating the market with 54 per cent of global capacity growth last year. Overall, renewables capacity expanded by 7.6