In little more than two decades, scientists and technologists have evolved a global, renewable-energy industry capitalizing on the free resources of wind and sun… Global solar photovoltaic capacity has grown from around five gigawatts in 2005 to an approximately 306.5 gigawatts in 2016. This trend was accompanied by sharp drops in the price of photovoltaic panels. […]
This feature looks at the world’s top 10 largest utility companies by market value in US Dollars. Many of these companies are not only involved in power generation but also transmission and distribution. An increasing number of companies are phasing out coal power plants and replacing them with either gas power generation or and renewables. In many parts of the world, these leading traditional utility companies are now active investors and developers in renewable power such as on and offshore wind.
An increasing number of farmers, businesses and communities have invested and installed onsite generation solar or wind farms. Some have invested in large grid-scale renewable developments. A relatively recent trend combines direct ownership of onsite generation with indirect ownership, achieved by share purchases or by investment in dedicated investment trusts and funds…
Take a look at this new report into the issues including decommissioning and lif extension facing Europe’s wind sector, as the first wind farms reach the end of their operating life span.
Today an increasing number of wind farms in Europe are reaching the end of their lifespan. In 2016, Europe had over 4,000 offshore wind turbines operating across 11 countries, making a total of 15.8 GW of installed and grid-connected capacity. Turbines older than 20 years In 2017 alone 15,638MW was installed […]