Algeria targets 2 GW of concentrated solar power (CSP), 5 GW of wind energy and 13.5 of PV by 2030

Algeria’s department of energy has published an updated renewable energy road map that will see the North African country aim to install 13.5 GW of solar PV capacity between now and 2030, 5 GW of wind energy and 2 GW of concentrated solar power (CSP).   Algerian energy minister Youcef Yousfi unveiled the plans yesterday. … Continue reading Algeria targets 2 GW of concentrated solar power (CSP), 5 GW of wind energy and 13.5 of PV by 2030

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Concentrated Solar Power (CSP) Market And Molten Salt Solar Energy Thermal Storage Shares, Strategies, and Forecasts

Concentrated solar power molten salt storage units at a level below $100 million in 2009 are anticipated to reach $13.6 billion by 2016. WinterGreen Research announces that it has a new study on Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP): Market Shares and Forecasts, Worldwide, 2010-2016. The 2010 study has 309 … Continue reading Concentrated Solar Power (CSP) Market And Molten Salt Solar Energy Thermal Storage Shares, Strategies, and Forecasts

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Google Invests $75 Million in solar power

Google continues to widen its portfolio of investment in renewable energy, as the tech giant announced Thursday that it partnered with SolarCity to create a new $75 million fund, through which the company will buy and own solar-panel generators on the roofs of several thousand U.S. homes. There will be no upfront cost to the homeowners. Google also … Continue reading Google Invests $75 Million in solar power

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Iberdrola to acquire UIL Holdings Corp for $3 bn

Spanish utility Iberdrola SA is acquiring UIL Holdings Corp to create a new listed power and gas company and expand in the US, where it hoped to offset declining profits at home, Reuters reported. The deal is $3.1 billion in equity value, and with assumption of UIL’s debt, the total deal value $4.6 billion. Iberdrola, … Continue reading Iberdrola to acquire UIL Holdings Corp for $3 bn

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Siemens highlights cost-cutting innovations for offshore wind power

The international wind energy conference EWEA Offshore 2015 in Copenhagen in early March will see Siemens, the market leader in offshore wind turbines and grid access, focusing on innovations supporting cutting the costs of offshore wind power. In addition to further developing the technology of its wind turbines, the company is advancing the efficiency of … Continue reading Siemens highlights cost-cutting innovations for offshore wind power

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East Anglia ONE Offshore Wind farm secures 714 MW contract

ScottishPower Renewables has hailed a major breakthrough in efforts to reduce the costs of offshore wind after the East Anglia ONE project successfully secured a Contract for Difference (CfD) in the completive competitive auction process run by the UK Government.     The successful bid was announced today as the shareholders work towards ScottishPower Renewables’ … Continue reading East Anglia ONE Offshore Wind farm secures 714 MW contract

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Wind energy Gamesa’s net profit to 92 million euro in 2014

Growing revenues: a 22% increase, to €2,846 million, driven by Latin America, India and China, and by O&M services. Profitability on the rise: the EBIT margin(1) was 6.7%, outstripping the target for the year. At constant exchange rates, the margin was 7.2%. Gamesa ended 2014 with net profit of €92 million, i.e. double the 2013 … Continue reading Wind energy Gamesa’s net profit to 92 million euro in 2014

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2014 Mexico Wind Energy Performance Map, released by Vaisala

The 2014 Mexico Wind Performance Map, released by Vaisala, delivers positive news for much of southern Mexico where above-normal wind speeds boosted performance at many of the country’s operating wind projects. Conversely, wind speeds below the long-term average in Mexico’s interior negatively affected overall production at wind farms in that region. These departures from mean … Continue reading 2014 Mexico Wind Energy Performance Map, released by Vaisala

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Mortenson Construction to build Slate Creek wind farm in Kansas

Mortenson Construction’s Wind Energy Group announced its selection as EPC contractor to build the Slate Creek Wind Project by long-term partner, EDF Renewable Energy.   Located in Geuda Springs, Kansas, the Slate Creek Wind Project will consist of 75 Vestas 2.0 megawatt (MW) wind turbines. The project marks the 26th wind project Mortenson will construct … Continue reading Mortenson Construction to build Slate Creek wind farm in Kansas

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EWEA welcomes Energy Union proposal for post-2020 renewables directive

The European Commission’s Energy Union proposal to establish post-2020 legislation for renewables is a clear signal to investors that Europe is open for business on zero-carbon energy, says the chief executive officer of the European Wind Energy Association. The Vice President for Energy Union Maros Sefcovic plans to put forward a Renewable Energy Package as … Continue reading EWEA welcomes Energy Union proposal for post-2020 renewables directive

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India approves 15,000 MW solar power projects

The Union Cabinet on Wednesday greenlighted the setting up of 15,000 MW of grid-connected solar power projects through NTPC and its subsidiary NTPC Vidyut Vyapar Nigam Ltd (NVVN). The scheme will be implemented in three tranches. In the first, 3,000 MW will be set up by bundling solar power with unallocated coal-based thermal power at … Continue reading India approves 15,000 MW solar power projects

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EDF Energies Nouvelles expands into the Brazilian wind power market

EDF Energies Nouvelles has purchased a portfolio of wind energy development projects from SOWITEC, one of the leading international renewable energy developers, with a total capacity of about 800 MW, including 70 MW already entitled to sign a regulated Power Purchase Agreement (PPA).   Pursuing the development of its international operations EDF Energies Nouvelles announces … Continue reading EDF Energies Nouvelles expands into the Brazilian wind power market

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Wind energy in Philippines: Ilocos wind farm has 50 wind turbines

Wind power generated from the 150 megawatt (MW) Burgos wind farm will be lower than its maximum capacity during summer but it would remain sufficient to meet households’ power requirement. Richard Tantoco, president and chief operating officer of the Energy Development Corp, said power generated by by Burgos wind farm is expected to drop in … Continue reading Wind energy in Philippines: Ilocos wind farm has 50 wind turbines

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UGE installs two wind turbines at Eiffel Tower

UGE International has installed two vertical axis wind turbines at the Eiffel Tower that generate enough energy to power the monument’s first-floor commercial areas.   Installed 400ft above ground level, the turbines will generate 10,000kWh of energy per year. The turbines installation was part of a renovation project, which the first the tower has undergone … Continue reading UGE installs two wind turbines at Eiffel Tower

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Brazil’s Rio to launch electric car sharing service

Rio de Janeiro, Brazil’s second largest city, plans to launch an electric-vehicle sharing service with input from Chinese automaker BYD. BYD is one of five firms that together make up PPP Radar, the consortium that has won the bid to develop the program, according to O Estado de Sao Paulo daily. BYD, together with DirijaJa, … Continue reading Brazil’s Rio to launch electric car sharing service

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Wind energy in Peru: There is US $ 2,000 million to invest in wind power projects

There are US $ 2,000 million ready to be invested in projects of wind power generation in Peru by companies such Invenergy of Chicago (USA) and Enel Green Power of Italy, revealed Alfredo Novoa, president of the Peruvian Association of Energy Renewables in an interview with RPP.   Also, there are companies from Brazil and … Continue reading Wind energy in Peru: There is US $ 2,000 million to invest in wind power projects

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Nearly 700 Megawatts of Energy Storage Capacity Have Been Announced in 2014-2015

A new Tracker report from Navigant Research provides a comprehensive resource of energy storage projects worldwide, including information on 804 projects encompassing more than 12,000 individual systems.   2014 was a major year for the global energy storage industry, with some of the largest single contracts in history awarded to leading storage companies. Driven primarily … Continue reading Nearly 700 Megawatts of Energy Storage Capacity Have Been Announced in 2014-2015

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Wind power in France: Nordex to install a 27-MW wind power farm for STEAG

The Nordex Group has been awarded the first contract by STEAG New Energies GmbH for the installation of a wind farm in France. It will be supplying nine Generation Delta N117/3000 turbines for the “Onze Muids” project, which STEAG previously acquired from Lower Saxony-based wind farm developer Volkswind. The contract also includes the provision of … Continue reading Wind power in France: Nordex to install a 27-MW wind power farm for STEAG

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Suzlon has revealed it installed 168 wind turbines totalling 352.8 MW in Brazil

Shares of Suzlon Energy today surged over 7 per cent amid reports that Sun Pharma’s Dilip Shanghvi will provide as much as Rs. 3,800 crore of security that will help the wind turbine maker in obtaining credits. Suzlon has revealed it installed and commissioned 168 wind turbines totalling 352.8MW in Brazil over a 16-month period … Continue reading Suzlon has revealed it installed 168 wind turbines totalling 352.8 MW in Brazil

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Bilfinger Wins Order for Nordergründe Offshore Wind Farm

Bilfinger Marine & Offshore Systems has won an order at the new Nordergründe offshore wind farm for the installation of 19 steel foundations in the North Sea and for the transportation of 18 wind turbines to the installation site. The order from wind farm developer and operator wpd in Bremen has a volume of approximately … Continue reading Bilfinger Wins Order for Nordergründe Offshore Wind Farm

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