Investments reach €11 billion in the last 12 months Net profit up 17% to €3.64 billion Dividend FY 2023 Net profit outlook raised to double-digit growth Reinforcing financial strength Strategic Plan Delivery Growth based on Networks, with regulatory frameworks covering 96% of asset base closed to 2025 Renewable capacity up 3,100 MW in the last … Continue reading Iberdrola invests €11 billion and net profit reaches €3.64 billion, up 17%
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MENA’s Transforming Role in an Evolving Energy Landscape
The Middle East and North Africa (MENA) region has been leading fossil fuel production for decades, creating tremendous economic growth. However, fossil fuel-driven growth has proven to be unsustainable for both people and planet. As the climate action clock ticks, and with the global community in a race to curb carbon emissions, the MENA region … Continue reading MENA’s Transforming Role in an Evolving Energy Landscape
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RE-Source 2023 marks 7.8 GW PPA record but industry urges for barriers to be removed to reach EU net zero objectives
Consistent growth of renewable corporate power purchase agreements (PPAs) proves that corporates are stepping up their commitments to the energy transition. But corporate energy buyers are calling on policymakers to use the EU Electricity Market Design (EMD) reform to remove the remaining barriers to PPAs. Record-breaking year in the EU PPA market with companies procuring … Continue reading RE-Source 2023 marks 7.8 GW PPA record but industry urges for barriers to be removed to reach EU net zero objectives
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New ACP Report Shows Climate Change and Natural Forces Have Impact on Ocean Currents and Whale Habitats
Findings consistent with recent National Academies of Science analysis that shows insufficient evidence exists to connect offshore wind to effects on whale prey A new report commissioned by the American Clean Power Association (ACP) confirms what other scientific bodies have underscored: Climate change is having a far greater impact on the ocean and whale habitats … Continue reading New ACP Report Shows Climate Change and Natural Forces Have Impact on Ocean Currents and Whale Habitats
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Copenhagen Infrastructure Partners announces large-scale project award for next wave of offshore wind energy in New York
1.3 GW project will deliver billions in economic benefits, create thousands of jobs, and provide clean and affordable energy for more than 700,000 homes. Copenhagen Infrastructure Partners, through its development platform Vineyard Offshore, was today awarded 1.3 gigawatts (GWs) in the latest solicitation for offshore wind power held by the New York State Energy Research … Continue reading Copenhagen Infrastructure Partners announces large-scale project award for next wave of offshore wind energy in New York
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Acciona Energía signs new renewable PPA with Stanwell Corporation
ACCIONA Energía has signed a 15-year Power Purchase Agreement (PPA) with Queensland’s publicly owned energy company Stanwell Corporation. The contract encompasses the supply of all the renewable electricity produced at the photovoltaic plant Aldoga (380MW), currently under development and located 20 kilometers north-west of Gladstone on the central Queensland coast. Stanwell plans to use the … Continue reading Acciona Energía signs new renewable PPA with Stanwell Corporation
Continue readingACP Statement on New York Announcing 25 New Clean Energy Projects
The American Clean Power Association (ACP) released the following statement from Josh Kaplowitz, Vice President for Offshore Wind, after New York Governor Kathy Hochul announced the solicitation awards for three offshore wind and 22 land-based renewable energy projects totaling 6.4 gigawatts (GW) of clean energy: “The projects announced today represent $20 billion in new investments … Continue reading ACP Statement on New York Announcing 25 New Clean Energy Projects
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Offshore wind energy at a pivotal moment
There is a great Philip Larkin poem, Wires, about the experience of young steers that believe the open spaces of the prairie are limitless, until they bump up against an electric fence and realise for the first time the constraints on their freedom. New industries suffer a similar experience when they hit their first downturn. … Continue reading Offshore wind energy at a pivotal moment
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The energy world is set to change significantly by 2030, based on today’s policy settings alone
Major shifts underway today are set to result in a considerably different global energy system by the end of this decade, according to the IEA’s new World Energy Outlook 2023. The phenomenal rise of clean energy technologies such as solar, wind, electric cars and heat pumps is reshaping how we power everything from factories and … Continue reading The energy world is set to change significantly by 2030, based on today’s policy settings alone
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Ingeteam consolidates its position as world’s top independent supplier in the wind energy sector
The global wind industry has passed the landmark figure of one terawatt (TW) of global installed capacity. It has taken more than 40 years to reach this milestone, but data from the Global Wind Energy Council (GWEC) indicate that with the wind industry continually gaining momentum, the next TW will take less than 7 years … Continue reading Ingeteam consolidates its position as world’s top independent supplier in the wind energy sector
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Record wind energy production in Portugal and Spain in the third week of October
In the third week of October, European electricity market prices remained generally stable, with an upward trend in most cases compared to the previous week. However, in the MIBEL market prices fell due to high wind energy production, which reached an all?time record in Portugal and the highest value so far in 2023 in Spain. … Continue reading Record wind energy production in Portugal and Spain in the third week of October
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Iberdrola installs three wind farms in Germany with a capacity of up to 200 MW
Iberdrola awarded 790 hectares of land by ForstBW for wind energy in Germany. Iberdrola Deutschland has been awarded three wind energy sites in the latest tender by Forst Baden-Württemberg (ForstBW). Wind farms with an expected number of 25 wind turbines (WTGs) will be built on a total of 790 hectares (ha). With a potential total … Continue reading Iberdrola installs three wind farms in Germany with a capacity of up to 200 MW
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Net Zero? It’s all about electrification
Today the Electrification Alliance* unveiled a new ‘Electrification Manifesto’ urging the European Commission to fast-track the electrification of Europe. The Manifesto calls for a dedicated Electrification Action Plan in the first 100 days of the incoming European Commission’s mandate. At the launch event, European Commissioner for Energy Kadri Simson was named the winner of the … Continue reading Net Zero? It’s all about electrification
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Prysmian completes cabling operations for Vineyard Wind Power plant
Is the first utility-scale offshore wind farm in the US.134 km of submarine power cables installed and capable of providing wind energy to more than 400,000 homes and businesses in Massachusetts. Prysmian confirms its commitment to lead the green energy transition.Prysmian Group, world leader in the energy and telecom cable systems industry, successfully completed the … Continue reading Prysmian completes cabling operations for Vineyard Wind Power plant
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TotalEnergies joins forces with Corio and Rise to develop 3+ GW wind power project offshore New York & New Jersey
TotalEnergies today announces it partnered with Corio Generation (Corio), an offshore wind developer, and Rise Light & Power (Rise), a New York-based electricity producer, for the joint development of the Attentive Energy offshore wind project off the coast of New York and New Jersey. Corio and Rise took respective stakes of 27.7% and 16.3% in … Continue reading TotalEnergies joins forces with Corio and Rise to develop 3+ GW wind power project offshore New York & New Jersey
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EDP Renewables surpasses the 1 GWp installed capacity milestone in Asia Pacific
EDP Renewables has more than doubled its installed solar capacity in the Asia Pacific region, from approximately 480 MWp in February 2022 to more than 1 GWp. This is an important milestone for the company as it showcases its steadfast commitment to driving the energy transition across the Asia Pacific region. EDPR has a pan-regional … Continue reading EDP Renewables surpasses the 1 GWp installed capacity milestone in Asia Pacific
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American Clean Power-California Launches Council of Offshore Wind Leaseholders
California’s first-ever offshore wind leaseholders now have a unified voice. The American Clean Power Association (ACP) announced the establishment of the California Council of Offshore Wind Leaseholders (CCOWL), a council within ACP-California (ACP-CA) dedicated to fostering the emerging California floating offshore wind market and advancing the state’s first projects. “Offshore wind’s untapped potential on the … Continue reading American Clean Power-California Launches Council of Offshore Wind Leaseholders
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Gov. Hochul’s Veto Threatens Clean Energy Goals
The American Clean Power Association (ACP) released the following statement from ACP Director of Eastern Region State Affairs Moira Cyphers, after New York Governor Hochul vetoed the Planned Offshore Wind Transmission Act today: “Governor Hochul must get serious about reaching 70% clean energy by 2030. Today, she dealt a significant blow to the state’s own … Continue reading Gov. Hochul’s Veto Threatens Clean Energy Goals
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Siemens Energy Considering New Turbine Design to Improve Wind Energy Business
Siemens Energy AG is exploring the possibility of developing a new turbine to replace a system that has caused significant financial losses for its wind energy business. The company is looking for ways to shore up its beleaguered wind energy division, and creating a new turbine is one option being considered. According to sources familiar … Continue reading Siemens Energy Considering New Turbine Design to Improve Wind Energy Business
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MingYang Smart Energy unveils plans for world’s largest wind turbine
MingYang Smart Energy has recently revealed plans to develop an innovative offshore wind turbine. With a remarkable rotor diameter of more than 310 metres, the wind turbines will be the largest and most powerful of their type announced to date. The 22 MW turbine, once built, has the potential to significantly increase efficiency and renewable … Continue reading MingYang Smart Energy unveils plans for world’s largest wind turbine
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