Inox Wind said the order is for its state-of-the-art 3 MW wind turbine generators (WTGs) and the scope comprises equipment supply with certain add-on services. Additionally, Inox Wind will also provide post commissioning multi-year operations and maintenance services. The WTGs will be supplied to HFE from the third quarter of fiscal year 2025 (FY25) onwards … Continue reading Inox Wind receives order for supply of 210 MW wind turbines from Hero Future Energies
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Bhutan and EIB sign 150 million Euro loan for hydropower and solar photovoltaic projects
Bhutan and the European Investment Bank (EIB) signed the first-ever EIB project supporting reliable, green, energy for communities in Bhutan through a 150 million Euro loan with a tenure of 30 years. The renewable energy framework loan was signed on the margins of the International Monetary Fund and the World Bank spring meetings on April … Continue reading Bhutan and EIB sign 150 million Euro loan for hydropower and solar photovoltaic projects
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Contract signed for Norway’s first commercial offshore wind power plant
The Norwegian government has signed a contract related to the offshore wind farm in the Sørlige Nordsjø II area with Ventyr Energi, the winner of the recently held auction.Ventyr Energi, a consortium formed by Parkwind and Ingka Investments, obtained the rights to develop the wind farm in the Sørlige Nordsjø II area with a winning … Continue reading Contract signed for Norway’s first commercial offshore wind power plant
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Eversource Energy Announces Execution of Definitive Agreement with Ørsted to Sell Sunrise Wind
Eversource Energy (NYSE: ES) (“Eversource”) today announced it has finalized definitive documents regarding its previously announced agreement to sell its 50 percent ownership stake in the 924-megawatt Sunrise Wind project to Ørsted. Eversource will remain contracted, under a separate construction management agreement, to lead the onshore construction of the Sunrise Wind project following the closing. … Continue reading Eversource Energy Announces Execution of Definitive Agreement with Ørsted to Sell Sunrise Wind
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Major Global Utilities Announce Joint Intent to Scale Renewable Capacity by 2.5 times to 2030
The Utilities for Net Zero Alliance (UNEZA) adopted the UNEZA Roadmap to 2030, which targets a total increase of renewable energy capacity within their portfolios to 749GW by 2030*, an increase of 2.5 times relative to 2023. Alliance members’ joint renewables ambition was announced alongside a grid infrastructure action plan. The plan, revealed at the … Continue reading Major Global Utilities Announce Joint Intent to Scale Renewable Capacity by 2.5 times to 2030
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China widens wind power lead with new generation record
China’s wind farms produced over 100 terawatt hours (TWh) of electricity in March, the highest monthly total ever by a single country and as much as all of Europe and North America combined, data from energy think tank Ember shows. he production total was 25% more than during the same month in 2023, and helps … Continue reading China widens wind power lead with new generation record
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Statkraft supplies hydropower and wind power to Deutsche Bahn
Statkraft, Europe’s largest producer of renewable power, and Deutsche Bahn have concluded further power purchase agreements (PPAs) for the supply of green power from hydropower and onshore wind farms. From the beginning of 2027 to the end of 2034, Statkraft will supply green electricity from hydropower directly to Deutsche Bahn from its two run-of-river power … Continue reading Statkraft supplies hydropower and wind power to Deutsche Bahn
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Wind energy and photovoltaic is boosting economic growth
Clean electricity accounted for around 80% of new capacity additions to the world’s electricity system in 2023, and electric vehicles for around one out of five cars sold globally. At the same time, global investment in clean energy manufacturing is booming, driven by industrial policies and market demand. Employment in clean energy jobs exceeded that … Continue reading Wind energy and photovoltaic is boosting economic growth
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Apple builds a photovoltaic plant in Segovia
Apple is building a photovoltaic plant in Segovia with 105 megawatts of electricity that will be operational at the end of 2024 and is part of its plans for the company to be carbon neutral by 2030 throughout its value chain.In a statement, the company explained that this project aims to offset the amount of … Continue reading Apple builds a photovoltaic plant in Segovia
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The Industrial Growth Plan for the offshore wind energy industry in the United Kingdom is presented
RenewableUK, the Offshore Wind Industry Council, The Crown Estate and Crown Estate Scotland have published a detailed Industrial Growth Plan (IGP). The plan is part of a wider effort to boost investment in the UK against the backdrop of growing global competition for clean energy technology. It sets out a way to triple offshore wind … Continue reading The Industrial Growth Plan for the offshore wind energy industry in the United Kingdom is presented
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Copenhagen Infrastructure Partners completes acquisition of New York onshore wind development portfolio
Copenhagen Infrastructure Partners (CIP), acting on behalf of its flagship fund, CI V, today announced the successful acquisition of Liberty Renewables, a 1.3 GW portfolio of onshore wind projects in New York. Established in 2019, Liberty Renewables (“Liberty”) owns a portfolio of greenfield renewable energy projects in New York. With a robust pipeline of approximately … Continue reading Copenhagen Infrastructure Partners completes acquisition of New York onshore wind development portfolio
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Seven countries now generate 100% of their electricity from renewable energy
Seven countries now generate nearly all of their electricity from renewable energy sources, according to newly compiled figures. Albania, Bhutan, Nepal, Paraguay, Iceland, Ethiopia and the Democratic Republic of Congo produced more than 99.7 per cent of the electricity they consumed using geothermal, hydro, solar or wind power. Data from the International Energy Agency (IEA) … Continue reading Seven countries now generate 100% of their electricity from renewable energy
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José Manuel Entrecanales: “it is worrying that the US and Europe only install 20% of the new wind power and photovoltaic capacity in the world”
José Manuel Entrecanales, chairman and CEO of ACCIONA, stated today that “it is worrying that the US, Europe, and other advanced economies only installed 20% of the world’s new renewable energy capacity in 2023,” when their share of the global Gross Domestic Product (GDP) exceeds 50%. In a panel discussion during the International Renewable Energy … Continue reading José Manuel Entrecanales: “it is worrying that the US and Europe only install 20% of the new wind power and photovoltaic capacity in the world”
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Enercon reaches 1 GW of installed wind power in Spain
Enercon celebrates an event in Gran Canaria to commemorate 1 GW of installed power in Spain, sharing its story about a long journey. The event, organized in Las Palmas de Gran Canaria, was held to celebrate Enercon reaching the milestone of 1 GW of installed power with 66% of the market share in the Canary … Continue reading Enercon reaches 1 GW of installed wind power in Spain
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Nordex begins wind turbine order intake of 2.1 GW of wind in the first quarter of 2024
Nordex recorded an order intake of 338 wind turbines with a total capacity of 2,086 MW in the first quarter of 2024 (Q1 2023: 1,021 MW). The average sales price in euros per megawatt of capacity (ASP) amounted to 0.85 million euros/MW (first quarter of 2023: 0.90 million euros/MW). The Nordex Group received orders from … Continue reading Nordex begins wind turbine order intake of 2.1 GW of wind in the first quarter of 2024
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Record year for wind energy shows momentum but highlights need for policy-driven action
The global wind industry installed a record 117GW of new capacity in 2023, making it the best year ever for new wind energy. Despite a turbulent political and macroeconomic environment, the wind industry is entering a new era of accelerated growth driven by increased political ambition, manifested in the historic COP28 adoption of a target … Continue reading Record year for wind energy shows momentum but highlights need for policy-driven action
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Solar photovoltaic and wind energy in the second week of April
In the second week of April, prices in almost all major European electricity markets were higher than in the previous week, although in most of them the weekly average was below €50/MWh. The Iberian MIBEL market had the lowest prices for the tenth consecutive week. All markets, except Italy, registered negative hourly prices. The Spanish … Continue reading Solar photovoltaic and wind energy in the second week of April
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2024 is a year of elections. What will they mean for clean energy?
Over half the world lives in a country that will be holding an election this year. The votes come at a time when resistance to the energy transition is building in many parts of the world, as concerns around energy security grow and some of the challenges of decarbonization come into focus. In the US, … Continue reading 2024 is a year of elections. What will they mean for clean energy?
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Curtailment of wind power and photovoltaic increase 219% as of March in Chile
Energy losses increase and reach more than 18% of the country’s wind and solar production in the first quarter The so-called energy discharges increased by 219% in the first three months of the year and already represent more than 54% of everything that was lost in 2023. The lack of growth in demand and gaps … Continue reading Curtailment of wind power and photovoltaic increase 219% as of March in Chile
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Cape Holland chosen by Deme to deliver innovative installation system for coastal Virginia offshore wind power project
CAPE Holland, a renowned innovator in offshore industry foundation installation equipment and a Venterra Group company, has secured a prestigious contract from global leading installation contractor DEME. The contract entails the provision of a CAPE VLT-640 Quad spread and a separate CAPE VLT-640 unit. This innovative CAPE Vibro Lifting Technology will be instrumental in safely … Continue reading Cape Holland chosen by Deme to deliver innovative installation system for coastal Virginia offshore wind power project
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