Record-breaking 390,000 acres auctioned off for offshore wind farming
Three developers have made history in the wind power game by buying a record of 390,000 acres of federal water for the price of $405 million. These firms will each pay $135 million to the federal government for the rights to build massive windmills in the respective slices of the ocean. This Read More...
Scottish wind farms surpass 100 percent threshold for domestic demand
Scotland sets a new record for renewable power generation with its wind farms producing more than the country’s entire energy demand. Over the month of November, wind turbines have powered 109 percent of the total energy requirement which is enough to provide electricity for 6 million Read More...
Building new wind farms has become cheaper than maintaining existing coal plants
Wind farms are now overtaking coal plants in terms of construction and maintenance costs. An annual analysis report which measures the costs of different types of energy has shown that building a new utility-scale solar or wind farm costs less than operating an existing coal plant. Depending on the Read More...
The UK’s renewable sector surpasses fossil fuels in terms of generating power
Britain is showing unprecedented progress in its quest to become carbon-neutral by 2050. A new report shows that renewables in the country have set a new record with 42 gigawatts of capacity, overtaking the 40.6 gigawatts available from fossil fuels. The report also shows that the leading sources Read More...