ABB_id2059
in News Departments > New & Noteworthy
print the content item

According to new rankings from Cambridge, Mass.-based advisory and consulting firm Emerging Energy Research (EER), Spain-headquartered utility Iberdrola and Juno Beach, Fla.-based FPL Energy have emerged as leading generators of renewable energy.

Excluding large hydro, wind has grown to dominate the installed capacity of renewables over the last five years - representing 67%, or 21 GW, of the combined total capacity owned by the top 20 renewable producers, according to EER. Substantial wind power investments over the past five years contributed to Iberdrola's and FPL's rise to the top of the rankings.

In addition, the report found that renewables now drive significant merger and acquisition activity, such as Iberdrola's acquisition of ScottishPower. EER predicts that other European power companies such as Energias de Portugal, Enel SpA and Acciona Energia - which all recently acquired other firms - will move up the rankings at the end of 2007.

Hybrid Energy Innovations 2015

Trachte_id2056
Latest Top Stories

U.S. Wind Power Installations Surpassed 4.7 GW Last Year, Although China Still Leads

Bloomberg New Energy Finance reports that U.S. wind installations came back in a big way from a disappointing 2013.


IRS Specifies Performance, Quality Standards For Small Wind Turbines

The Internal Revenue Service (IRS) recently issued guidelines creating safety and performance standards for small wind turbines to be eligible for the 30% investment tax credit.


Hot Times North Of The Border: Canada Tops Previous Record For Installed Wind Capacity

For the second consecutive year, Canada's wind market has bested the country's previous mark for new installations.


Report: Policy Uncertainty Fuels Market Exodus As Firms Bolt North American Wind Industry

The global wind energy supply chain has yet to recover from the slump that began in 2013. In fact, many segments are undergoing a transformation, according to market research firm FTI Consulting.


Utilities Deal "Near-Fatal" Blow To Cape Wind: UPDATED

Despite its remarkable resiliency, could this latest setback mean the end for the controversial offshore wind farm?

Hybrid Energy Innovations 2015