Unlocking India’s Offshore Wind power Market

India’s prospects for offshore wind energy are good, given the country’s 7,600 kilometers of coastline. In fact, the government estimates that two states alone, Gujarat and Tamil Nadu, have about 70 gigawatts (GW) of potential offshore wind power—enough to power more than 50 million homes. Yet for India to realize this energy potential and move … Continue reading Unlocking India’s Offshore Wind power Market

Continue reading

Wind power and solar energy costs have increased, but much less than those of fossil fuels

Global increases in the cost of materials, freight, fuel and labor have set prices for new-build wind and solar back to where they were in 2019, according to a new report from BloombergNEF – but the setback for renewables is temporary, while for fossil fuels the cost gap continues to widen. The BloombergNEF report, published … Continue reading Wind power and solar energy costs have increased, but much less than those of fossil fuels

Continue reading

Enercon secures financing for 134.4 MW wind farm in Sweden

ENERCON reaches financial close under a EUR 118m senior facilities agreement with DNB Bank ASA (“DNB Bank”) who acted as the sole mandated lead arranger. The bridge financing is dedicated for the construction of wind farm Ersträsk North with a total capacity of 134.4 MW located in the Markbygden area. The project was sold in … Continue reading Enercon secures financing for 134.4 MW wind farm in Sweden

Continue reading

Iberdrola wins its largest network project in the world: it will build a 1,700-kilometre power line in Brazil

It has won two lots in the auction: one of 1,707 kilometres between the states of Minas Gerais and São Paulo and the other, located in Mato Grosso do Sul. They will involve an investment of 1 billion euros and will create more than 11,000 jobs during construction. The acquisition of the assets reinforces the … Continue reading Iberdrola wins its largest network project in the world: it will build a 1,700-kilometre power line in Brazil

Continue reading

RWE commissions its first floating photovoltaic project

RWE, one of the world’s leading companies for renewable energy, has commissioned its first floating photovoltaic (PV) project. The project consists of around 13,400 solar panels that float on a lake near the Amer power plant in Geertruidenberg, in the Netherlands’ province of Noord-Brabant. The innovative solar field has an installed capacity of 6.1 megawatts … Continue reading RWE commissions its first floating photovoltaic project

Continue reading

The wind energy industry needs a minimum profitability

Siemens Gamesa and Vestas are both losing money and to reach ambitious goals, the European wind industry must rein in its attempts to reduce the cost of building wind turbines.Siemens Energy reported losses of more than €600 million, while Vestas reports an operating loss of €894 million.K2 Management believes that unless the relentless drive to … Continue reading The wind energy industry needs a minimum profitability

Continue reading

Vestas sells Delta wind project in the USA

Vestas has sold the 183 MW Delta wind project to The AES Corporation, a global energy company. The project is developed by Steelhead Americas, Vestas’ North American development arm, and marks a key milestone in Vestas’ efforts to expand its presence in renewable energy development and unlock new US markets to propel a sustainable future. … Continue reading Vestas sells Delta wind project in the USA

Continue reading

Iberdrola reaffirms its investment of more than £3 billion in UK networks

Its subsidiary ScottishPower, the first 100% green energy company in the British Isles, will continue to work with Ofgem to finalise the details of its investment plan for the 2023-2028 period, within the RIIO-ED2 regulatory framework. The investments will contribute to boosting the economy and employment: it plans to hire more than 1,100 professionals and … Continue reading Iberdrola reaffirms its investment of more than £3 billion in UK networks

Continue reading

Vestas wins an order for 135 MW of wind power in Finland

Vestas has received a new order for 135 MW from Ilmatar Energy Oy for four projects in Finland. This order marks the next cooperation with Ilmatar Energy, a long-term customer, after a 221 MW order in June last year for another Finnish wind farm. The order includes the supply, installation and commissioning of the V162-6.2 … Continue reading Vestas wins an order for 135 MW of wind power in Finland

Continue reading

Fernández, Quintela and Darío Martínez started the works of the Arauco III Wind Farm in La Rioja

The President of the Nation, Alberto Fernández, the Governor of the province of La Rioja, Ricardo Quintela, and the Secretary of Energy of the Nation, Darío Martínez, led the inauguration of the works of the “Arauco III Wind Farm”. With an investment of 120 million dollars, 28 new wind turbines will be added, adding 100 … Continue reading Fernández, Quintela and Darío Martínez started the works of the Arauco III Wind Farm in La Rioja

Continue reading

Vattenfall and St1 form a new partnership to produce a large volume of fossil-free aviation electro fuel on the Swedish west coast

Vattenfall and St1 have signed a Letter of Intent to develop a fossil-free value chain for production of synthetic electro fuel and the next step is to jointly conduct a feasibility study. The study aims at addressing the full value chain for production of electro fuel from offshore wind, starting 2029 and gradually growing towards … Continue reading Vattenfall and St1 form a new partnership to produce a large volume of fossil-free aviation electro fuel on the Swedish west coast

Continue reading

Blue Economy Can Help Members Boost Offshore wind power

“An important part of the solution to today’s energy crisis may lay with our oceans as a source of local and abundant renewable energy”, said Roland Roesch, Deputy-Director of IRENA’s Innovation and Technology Centre, at the fourth meeting of the Collaborative Framework on Ocean Energy/Offshore Renewables, “which also may foster a blue economy benefiting coastal … Continue reading Blue Economy Can Help Members Boost Offshore wind power

Continue reading

Offshore wind energy industry enjoys best-ever year with 21.1 GW of installations

The offshore wind industry enjoyed its best-ever year in 2021, with 21.1 GW of new capacity connected to the grid, according to the latest Global Offshore Wind Report launched by the Global Wind Energy Council (GWEC) to coincide with the United Nations Ocean Conference in Lisbon. The report shows that the offshore wind industry is … Continue reading Offshore wind energy industry enjoys best-ever year with 21.1 GW of installations

Continue reading

Iberdrola launches the world’s first commercial-scale battery system in Ireland

With a capacity of 50MW/25MWh megawatts, it is the first battery of its kind in operation in the country  The Iberdrola group will develop 1,100 MW of battery storage in the coming years  Iberdrola has started up its first commercial-scale battery system in Ireland. This 50-megawatt (MW) facility with 25MWh of power capacity, called Gorman, … Continue reading Iberdrola launches the world’s first commercial-scale battery system in Ireland

Continue reading

RWE and Tata Steel enter new partnership to support offshore wind power generation in Wales

RWE, Wales’ largest electricity producer, has entered a new partnership with Tata Steel to understand and explore the production of steel components that could be used in high-tech floating wind foundations and structures for projects in the Celtic Sea. The industry leaders will work together to identify the steel components that could be supplied from … Continue reading RWE and Tata Steel enter new partnership to support offshore wind power generation in Wales

Continue reading

RWE begins construction of Polish wind farm ?nin

RWE begins construction and installation of wind turbines at its 17th wind farm in Poland. The new onshore wind farm will be located near the town of ?nin in Kujawsko-Pomorskie, about 260 kilometers east of Szczecin. “The investment made by RWE is part of the direction the municipality and the entire region is taking towards … Continue reading RWE begins construction of Polish wind farm ?nin

Continue reading

Spain is the second European country that generated the most electrical energy with wind energy and solar power in 2021

Spain is the second European country that generated the most electricity in 2021 from wind power and solar (which includes photovoltaic and concentrated solar power), only behind Germany according to data from ENTSO-E. The sun and the wind produced more than 86 GWh in Spain last year, a third of all production at the national … Continue reading Spain is the second European country that generated the most electrical energy with wind energy and solar power in 2021

Continue reading

ACP CEO Heather Zichal statement on disappointing Supreme Court ruling in West Virginia vs. EPA

 Heather Zichal, CEO of the American Clean Power Association (ACP) today issued the following statement regarding today’s 6-3 ruling from the Supreme Court in the landmark environmental enforcement case West Virginia vs. EPA:  “The American Clean Power Association is deeply disappointed that the Supreme Court has hamstrung EPA’s power to reduce the country’s greenhouse gas emissions … Continue reading ACP CEO Heather Zichal statement on disappointing Supreme Court ruling in West Virginia vs. EPA

Continue reading

RWE and Tata Steel enter new partnership to support green industrial revolution and offshore wind power generation in Wales

RWE, Wales’ largest electricity producer, has entered a new partnership with Tata Steel to understand and explore the production of steel components that could be used in high-tech floating wind foundations and structures for projects in the Celtic Sea. The industry leaders will work together to identify the steel components that could be supplied from … Continue reading RWE and Tata Steel enter new partnership to support green industrial revolution and offshore wind power generation in Wales

Continue reading

Photovoltaic and solar thermal energy production and wind energy in Europe

The rise in European gas and electricity markets prices continues. In the fourth week of June, prices of most spot and futures European electricity markets increased, dragged by the increase in gas prices. In the German, Belgian, French and Dutch markets, prices above €450/MWh were registered in some hours and even reached €500.00/MWh in one … Continue reading Photovoltaic and solar thermal energy production and wind energy in Europe

Continue reading