itc

More assets are coming: Canada unveils clean energy investment tax credit of up to 40 percent!

New tax credits for investments made towards clean energy technology, proposed by Ottawa in its fall economic statement, are slated to have a massive impact on the industry.

EU renewables

EU produces record renewable energy as it lessens dependency on foreign gas

The EU saved approximately $97 billion in avoided gas imports between March and September, thanks to growth in renewable power capacity.

harnessing the power of waves to produce electricity

Latest water-based energy technology is poised to make waves in the power sector

Summary: The Waveline Magnet, developed by UK-based startup Sea Wave Energy Ltd. (SWEL), is a spine-like device that floats on top of the sea perpendicular to the shore to capture the kinetic energy of waves. ...

3-5 gigawatts of offshore wind developments in the next five years

California adopts the most ambitious offshore wind targets in the United States

Summary: The California Energy Commission (CEC) voted to pass targets involving the deployment of 3-5 gigawatts of offshore wind developments in the next five years and another 25 gigawatts by 2045. The commis...