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Antwerp builds new successes on old

Embodied by its huge historic port and diverse population, Antwerp has long embraced globalisation. Renewed impetus from stakeholders across Belgium’s second most populous city is ensuring ample opportunities for foreign investors.




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Production and preservation the key on Canada's Atlantic coast

Canada's Atlantic Ocean-bordering provinces are making the most of their coastal resources, using decades of knowhow to balance economic growth with sustainability.




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FDI into Lithuania increases in 2018

Lithuania is enjoying a boost in FDI project and jobs, with the capital, Vilnius, getting the lion's share.




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China FDI into Europe: A cause for concern?

FDI project numbers from China into the EU are on a downward trend, but Europe is still a popular destination for Chinese investment.




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Cyprus sees FDI high in 2018

Cyprus’s record-breaking 2018 was driven by tourism and second-tier cities. 




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Middle East sees increase in investment from US

Investment into the Middle East region by US-based companies showed a notable increase between the beginning fo 2016 and the end of 2018. 




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UK top destination for financial services FDI in Europe

Over the past three years, the UK has led Europe for financial services FDI, with the US as top investor. Emma McCoy reports.




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Global biotechnology FDI on the rise

Global FDI in the biotechnology sector has witnessed year-on-year increase since 2015.




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Lagos sees rebound in FDI

The number of foreign companies investing in Lagos increased in 2018 after four years of decline.




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Cairo standout African destination for foreign business services in 2018

The Egyptian capital Cairo led Africa in 2018, attracting 10 foreign business services investment projects, in its strongest performance since 2012. Joshua Crawford reports.




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FERC's data shows US renewable generating capacity has surpassed coal

According to an analysis by the SUN DAY Campaign of data just released by the Federal Energy Regulatory Commission (FERC), U.S. electrical generating capacity by renewable energy sources (i.e., biomass, geothermal, hydropower, solar, wind) has now - for the first time - surpassed that of coal.




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China's Jinko Solar sees more foreign sales as domestic market shaky

JinkoSolar Holding Co., the world’s biggest solar panel maker, sees China’s photovoltaic power additions slumping this year and a greater share of its revenue coming from overseas amid uncertainties over Beijing’s new policies.




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Tower sections of GE’s 12-MW offshore wind turbine shipped to prototype site

GE Renewable Energy announced the shipment of the four tower sections that will be part of GE’s Haliade-X 12 MW prototype to be installed later this summer in Maasvlakte-Rotterdam (NL). The four segments at tower manufacturer GRI’s site in Seville, will be arriving in the Netherlands before the end of the month.




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President inaugurates Bolivia’s 69-MW San Jose II Hydroelectric Plant

Bolivian President Evo Morales has inaugurated the 69-MW San Jose II Hydroelectric Power Plant in the municipality of Colomi, department of Cochabamba.




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Remote Chinese region looks to set new clean-power record

A sparsely populated Chinese province that’s home to the headwaters of the Yangtze and Yellow rivers is attempting to set a new record for clean energy use, serving as a test bed for the entire country.




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Target commits to 100 percent renewables; signs PPAs to purchase wind and solar energy

On June 12, Target corporation said it was increasing its renewable energy goals by committing to source 100 percent of its electricity from renewable sources by 2030. The goal applies to all of Target’s domestic operations.




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Legislation introduced to encourage marine energy research in the U.S.

U.S. Sens. Ron Wyden (D-Ore.), Jeff Merkley (D-Ore.), Angus King (I-Maine), Brian Schatz (D-Hawaii), and Jack Reed (D-R.I.), have reintroduced The Marine Energy Research and Development Act, intended to increase production of low-carbon, renewable energy from the natural power in ocean waves, tides and currents.




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Corani seeking financing to develop 147-MW Banda Azul hydro project in Bolivia

Jose Maria Romay, general manager of Corani (a subsidiary of Ende), has announced the company is seeking financing from Latin American development bank CAF and French development agency AFD for the 147-MW Banda Azul hydro project.




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Nigerian renewable energy solutions provider Arnergy closes Series A financing

Nigerian distributed utility company, Arnergy, announced it has raised $9 Million in a Series A round of funding led by Breakthrough Energy Ventures with participation from the Norwegian Investment Fund for Developing Countries (Norfund), EDFI ElectriFI and All On.




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Giant offshore wind farm takes further steps toward construction in New Jersey

Last week, the New Jersey Board of Public Utilities announced it selected Ocean Wind, an offshore wind energy project proposed by Ørsted with support from PSEG, to develop an 1,100 MW offshore wind farm. Ocean Wind will be located 15 miles off the coast of Atlantic City. Construction is expected to commence in the early 2020s, with the wind farm operational in 2024.




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The failure of privatization in the energy sector and why today’s consumers are reclaiming power

Back in the 1980s and 1990s, the twin forces of privatization and deregulation of public infrastructure services ascended to a global paradigm of progress and development. Government management of services such as telecommunications, transportation, water, and energy was deemed inefficient, underperforming, and monopolistic. Private industry – accountable to the profits and losses of an open market and, thus, believed more efficient than government – was proclaimed the better way for consumer choice and a more efficient use of taxpayers’ expenses.




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Ontario Power Generation to buy U.S.-based Cube Hydro

Ontario Power Generation (OPG) has entered into an agreement to acquire Cube Hydro, an operator of small and medium-sized hydropower facilities in the northeast and southeast U.S.




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Massachusetts approves contracts for hydroelectricity through NECEC project

The Massachusetts Department of Public Utilities has issued an order approving long-term contracts for 9,554,940 MWh annually of hydropower between H.Q. Energy Services (U.S.) Inc. and the Commonwealth’s electric distribution companies through the New England Clean Energy Connect 100% Hydro project (NECEC Hydro).




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Clearway Energy sets up blockchain test to trade renewable energy credits

Clearway Energy Group, one of the U.S.’s largest clean power developers, is launching a pilot electronic marketplace for renewable energy credits as more states push for solar and wind projects.




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Massachusetts incentivizes energy storage systems for commercial property owners

Commercial property owners with existing energy storage systems, or owners considering implementing an energy storage system, may be able to benefit from a recent order by the Massachusetts Department of Public Utilities (DPU) allowing utility companies to pay customers who agree to rely upon their energy storage systems and dispatch the energy during peak events.




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FERC revises three-year forecast to reflect rapid growth of renewable energy

According to a review by the SUN DAY Campaign of data just released by the Federal Energy Regulatory Commission (FERC), within the past month, the agency has dramatically revised its three-year forecast for changes in the U.S. electrical generating capacity mix. Sharp declines are foreseen for fossil fuels and nuclear power while accompanied by even stronger growth in renewable energy (i.e., biomass, geothermal, hydropower, solar, wind) than earlier projected.




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Voith to provide equipment for new Ritom pumped storage powerhouse

Voith has received an order for the Ritom pumped storage power plant in Switzerland, which began operating in 1920 and will be replaced with a new facility.




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National Grid purchases wind and solar developer, Geronimo Energy

Yesterday, National Grid, through its competitive non-regulated unit National Grid Ventures (NGV), completed its $100 million acquisition of Geronimo Energy - a wind and solar developer in North America. The deal, which was announced on March 7th, 2019, has now satisfied all regulatory requirements and closing conditions.




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GE sells solar-business stake to BlackRock

General Electric Co. agreed to sell a majority stake in a solar-energy business to BlackRock Inc., giving the investment giant footing in a growing market as the ailing manufacturer shifts its focus elsewhere.




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Turkeler and RT Enerji choose supplier for five onshore wind farms in Turkey

Turkeler and RT Enerji have chosen GE Renewable Energy to supply equipment for five onshore wind farms being built in Turkey.




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Freak weather events pose new risk to India's renewables goals

India’s ambitious plan to take the leadership position among nations as one of largest producers of renewable energy may have run into some unfavorable weather.




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German clean-energy fund sees promise in US distributed solar development

Germany-based clean-energy fund Hep Kapitalverwaltung AG agreed to invest $50 million to $80 million annually in a partnership to develop small solar projects in the U.S.




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Envisioning the future of hydropower: What do you see?

On Tuesday, July 23 at the HydroVision International keynote, Vice President Marla Barnes asked the audience to close their eyes and envision their next vacation. “Are you sitting on a beach? Are you packing your family into the car for a wild adventure? What do you see,” she asked.




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GE Renewable Energy announces two hydropower services contracts in the US

GE Renewable Energy announced at HydroVision that it has signed two hydropower contracts in the U.S. one for FirstLight’s Northfield Mountain project and one for PG&E’s Caribou One hydropower station.




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Saudi Arabia set to build first wind farm

Saudi Arabia, the world’s biggest oil exporter, is poised to start generating wind power within three years as part of an effort to harness renewable energy to cut local demand for fossil fuels.




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Energy storage plant set for southeast Asia

Finnish energy technology group Wärtsilä has signed an EPC contract for a 100 MW/100 MWh total capacity energy storage project in southeast Asia.




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Small Missouri utility proposes big pivot to clean energy in latest resource plan

Missouri’s smallest investor-owned utility is charting a dramatically different course two years after being acquired by new owners.




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BNEF: Energy to storage increase 122X by 2040

According to the latest forecast by BloombergNEF (BNEF), energy storage installations (not including pumped hydropower) around the world will multiply exponentially, from 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040.




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In Michigan, Consumers sees strong interest in charging station rebates

Consumers Energy says it’s happy with the launch of its electric vehicle charging station program and open to expanding the three-year, $10 million pilot.




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Fabric-based solar cells on the horizon

New textile-based solar cells developed by Fraunhofer researchers, semitrailers could soon be producing the electricity needed to power cooling systems or other onboard equipment. In short, textile-based solar cells could soon be adding a whole new dimension to photovoltaics, complementing the use of conventional silicon-based solar cells.




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648 MW of wind power capacity to be purchased by AES Colombia

This week, DNV GL said that it acted as a technical advisor to the energy company AES Colombia during its planned purchase of the Jemeiwaa Kai portfolio of wind power projects. DNV GL carried out an independent analysis of the La Guajira wind farms wind and power generation regime.




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Sunverge raises $11 million for utility distributed energy resource controls

The round was led by Ecosystem Integrity Fund with participation from Equinor Energy Ventures and Evergy Ventures




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On the brink of blackouts, Texas makes case for power plant boom

It may be time to start building power plants in Texas again.




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Stanford researchers develop technology to harness energy from mixing of freshwater and seawater

A new battery made from affordable and durable materials generates energy from places where salt and fresh waters mingle. The technology could make coastal wastewater treatment plants energy-independent and carbon neutral.




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Lekela reaches financial close for its West Bakr Wind project

Lekela announced that it has reached financial close on its first wind project in Egypt, West Bakr Wind. Construction will begin shortly, delivering 250 MW of clean, reliable power at a highly competitive price.




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Hawaiian Electric Companies issue largest clean energy procurement to date; aim to end coal use, replace oil

Last week, the Hawaiian Electric Companies began Hawai‘i’s largest procurement effort for renewable energy resources to end the use of coal and reduce reliance on imported oil for power generation, moving the state closer to its goal of using 100 percent renewable energy by 2045.




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ABB delivers solar plant at Antarctic research base

The Uruguayan government agency Instituto Antarctico Uruguayo (IAU) is collaborating with ABB, Uruguayan utility company UTE and the Ministry of Industry, Energy and Mining (MIEM) to provide a second solar power installation at the IAU’s research base in the Antarctic.




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Houston Mayor selects developer for 70-MW urban solar array in revitalization plan

Last week, Houston, TX Mayor Sylvester Turner announced that Sunnyside Energy, led by developer Dori Wolfe of Wolfe Energy LLC, has won a competition to be considered to repurpose a 240-acre former landfill in Sunnyside. Subject to meeting certain terms and conditions, the team will construct one of the largest urban solar farms in Texas., if not the largest.




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FERC issues license for 5-MW Grant Lake Hydroelectric Project in Alaska

The Federal Energy Regulatory Commission in the U.S. has issued an original operating license to Kenai Hydro LLC for its proposed 5-MW Grant Lake Hydroelectric Project in Kenai Peninsula Borough, Alaska.




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NorthWestern Energy plans to upgrade 8-MW Madison powerhouse

NorthWestern Energy has announced plans to upgrade its 8-MW Madison Powerhouse with the installation of four new turbine-generator units.