A forecast lull in Germany’s onshore wind installations prompts Senvion to cut its workforce by almost 20%; meanwhile, in Australia…
Articles by Bloomberg New Energy Finance
Indian regulators want to lower the floor price of RECs – a move that could increase renewables demand and benefit sellers who have huge inventories of unsold credits.
Spain reboots its renewable energy program, while India has said the country will double the installed capacity in solar parks to 40 gigawatts.
Vestas leads a group of three major manufacturers, but a “big four” will emerge this year.
Saudi Arabia makes first steps in 10GW renewable energy rollout , as India solar auction produces record low bids.
In stark contrast to the US, China this month suspended more than 100 coal-fired plants totaling more than 100GW of capacity that were either approved or under construction.
Worldwide spending on clean energy fell 18 percent from 2015’s record high. However, even as spending ebbs, the amount of wind and solar connected to power grids around the world is still climbing.
The growth in global production of greenhouse gases has decelerated over the past few years, with 2015 seeing the first actual reduction, of 0.1% compared to 2014 levels.