This week's Movers & Shakers segment features executive shuffles in energy storage companies and an O&M firm, while examining a new merger between Spain's Gamesa and Siemens Wind Power. Spain's Renewable Energy Association elects a new president for the next four years, and Jon Wellinghoff exits SolarCity amid the US$2 billion Tesla acquisition.
Having retroactively damaged its solar sector once before, Spain's latest renewable energy tender does little to repair the damage. While Saudi Arabia embraces a cost-based solar auction, Spain is tipping the scales in favour of the status quo.
Spain has made the second of four steps necessary to carry out its 2-3GW renewable energy tender by passing a ministerial order, but the country’s main solar association has taken issue with with what it believes is a blatant favouring of wind energy in what should be a technology neutral auction.
Despite a significant drop in global renewable energy investment last year, a corresponding rise in renewables deployment spelled encouraging news for the sector, according to a new UN Environment Programme (UNEP) report entitled ‘More Bang for the Buck’.
Tata Power Renewable Energy (TPREL), a wholly-owned subsidiary of Indian firm Tata Power, has commissioned a 49MW solar plant at Kayathar, Tamil Nadu, under Welspun Renewable Energy Private Limited (WREPL).
A memo written by president-elect Donald Trump’s transition team entitled ‘What to expect from the Trump Administration’ reveals the future energy plans of the US, which amount to a “fossil fuel industry wish list”, according to industry watchdog the Centre of media and Democracy (CMD).