Global Solar PV Inverters Market Will Decline from $6.3bn in 2017 to $3.7bn by 2022, Says GlobalData
The global solar photovoltaic (PV) inverters market will decline from $6.3bn in 2017 to $3.7bn in 2022, with Asia-Pacific (APAC) relinquishing its leading regional share to the Americas over the forecast period, according to GlobalData, a leading data and analytics company. The company’s report: ‘Solar PV Inverters - Update 2018’ states that solar PV inverters will hold an aggregate global market value of $22.2bn between 2018 and 2022, with an average annual value of $4.4bn during the same pe...
Wärtsilä 130 MW Flexicycle Power Plant Will Help Senegal Lower Energy Costs and Integrate More Renewable Energy
The technology group Wärtsilä continues its strong presence in Senegal with the signing of a contract to engineer, manufacture and deliver a 130 MW Flexicycle plant to be an integral part of Senegal’s energy future. The Malicounda power project in Mbour is located 85 km from the country’s capital Dakar. The order, booked in March, was placed by Matelec, contractor of the Independent Power Producer MPG (Melec Power Gen) and part of the Matelec Group, based in Lebanon. The project is part of...
The Evolution of Solar Power in 2017
The Evolution of Solar Power is the result of a cooperation between SolarPower Europe and renewable energy software company Greenbyte. The interactive map reveals the cumulative installed solar power capacity per country, continent and the world between 1992-2017. Now let’s dig into some of those figures and see what has happened in the past twelve months. Established solar power nations China and USA kept their impressive growth with over 25% new capacity added in 2017 respectively. Also not...
Siemens Gamesa Overtook Vestas Wind Systems as Top Wind Equipment Manufacturer in 2017, says GlobalData
Siemens Gamesa Renewable Energy SA (SGRE) claimed the top spot for the wind turbine manufacturing sphere in 2017, managing to install an impressive 9.43 gigawatts (GW) and overtaking Vestas, which ranked second with 7.52 GW of installations in 2017, according to GlobalData, a leading data and analytics company. SGRE gained ground with a 26.4% rise over the previous year’s installations, while Vestas saw a 14% fall in installations in the same period. Goldwind came in third, followed by Genera...
IFC Provides US$200 Million for the Port of Sergipe LNG Terminal and Power Plant
São Paulo, April 19, 2018 — IFC, a member of the World Bank Group, is providing a US$200 million 15-year financing to CELSE - Centrais Elétricas de Sergipe for the development, construction, and operation of the Port of Sergipe thermal power plant. IFC’s financing is supporting the diversification of Brazil’s energy matrix and the increase in access to reliable and affordable power, a critical component of the country’s long-term competitiveness and sustainable economic growth. ...
Economy and Human Welfare to Grow Under IRENA’s 2050 Energy Transformation Roadmap
Berlin, Germany, 17 April 2018 – Increasing the speed of global renewable energy adoption by at least a factor of six – critical to meeting energy-related emission reduction needs of the Paris Climate Agreement – can limit global temperature rise to two degrees, according to the latest edition of the International Renewable Energy Agency’s (IRENA) long-term renewable energy outlook. At the same time, the report finds that by 2050, the global economy would grow by one per cent and global welfare,...
AWE and Queen’s University Belfast Finish WaveRoller Tank Tests
AW-Energy and Queen's University Belfast joined forces in 2017 on a half-a-year collaboration to develop the WaveRoller solution further. The project, which ended in January 2018, concentrated on recording the loads of different WaveRoller components, mainly the foundation and the panel. - The main purpose of the tests was to understand the extreme loads better and compare them to the ones used in the design, says AW-Energy Marine Engineer Matti Vuorinen. The tests covered a wide...
Upward Trend Of Natural Gas Production Could Benefit Consumers, Manufacturers
Natural gas production in the U.S. is projected to break the domestic record in 2018, and again in 2019, according to the U.S. Energy Information Administration (EIA). These increases, continuing a trend of the past decade, have been driven by an explosion in shale gas production, the EIA reports. And with supply remaining high, reports say natural gas prices nationally are expected to remain steady in upcoming months. While consumers could continue to benefit in coming years, the afforda...
Hawaiian Electric Company, U.S. Navy and REC Solar Break Ground on New Solar Farm in O’ahu
Today, REC Solar, a Duke Energy-owned company and leading provider of commercial, public sector and utility-scale solar solutions and Hawaiian Electric Company, a national leader of renewable energy in Hawai’i, broke ground on a 20-megawatt (MW), fixed-tilt solar facility, located at the U.S. Navy’s Joint Base Pearl Harbor-Hickam West Loch Annex. Once completed, the West Loch solar farm will produce the lowest-cost renewable energy in the state at less than 8 cents per kilowatt-hour. REC Sola...
EIA Releases April’s U.S. Short-Term Energy Forecast and 2018 Summer Fuels Outlook
Dr. Linda Capuano, Administrator of the U.S. Energy Information Administration, issued the following comments on EIA’s April 2018 Short-Term Energy Outlook and the 2018 Summer Fuels Outlook, which was released on Tuesday: The full STEO can be downloaded at: http://www.eia.gov/forecasts/steo/ Forecast Highlights Global Liquid Fuels For the 2018 April–September summer driving season, EIA forecasts U.S. regular gasoline retail prices to average $2.74/gallon (gal), up from a...
Stormwater Interview with Robert Page, P.E., Vice President, HNTB
TriMet’s Banfield Type 1 Substation Replacement Project
February Issue 2026
