Renewable Energy

Enel Green Power revenue surges 17% to 3 bn euros in first-quarter

Energy major Enel said its revenues fell 26.4 percent in the first quarter of 2024 to 19,432 million euros. The decrease is mainly due to...

NTPC signs contract with Phule Renewable Energy

NTPC Green Energy (NGEL) and Mahatma Phule Renewable Energy and Infrastructure Technology have signed an agreement for development of renewable energy power parks and...

Siemens Gamesa reveals strategy to revive wind power business

Siemens Energy has revealed its strategy to revive Siemens Gamesa, the wind power business, to add more customers and profit. Siemens Energy said Siemens Gamesa...

Solar set to meet electricity generation demand in United States: EIA

Electricity generation in the United States will grow by about 3 percent in 2024 and 1 percent in 2025. Renewable energy sources — mainly...

Why wind and solar energy companies are not spending for protection from fire incidents

Majority of wind and solar energy companies are not spending enough to protect from fire incidents, despite millions in costs per incident, significant downtime,...

Investment in manufacturing of clean energy technologies reaches $200 bn: IEA

Investment in manufacturing of the five clean energy technologies has reached $200 billion in 2023 from $115 billion in 2022, showing growth of more...

AES revenue drops in first-quarter despite growth in renewables

The AES Corporation (AES) has reported financial results, saying its revenue dropped during the quarter ended March 31, 2024. Revenue of AES has reached $3,085 million...

Orsted revenue drops 25% to DKK 19.2 bn in first-quarter

Orsted said its revenue decreased 25 percent in Q1 2024 to DKK 19.2 billion primarily due to lower power prices across markets. Orsted has generated...