While 2014 remained a challenging time for the solar photovoltaic (PV) industry, it marked an inflection point in the market’s development. According to a new white paper issued by the IHS Solar service at information and analytics provider IHS (NYSE: IHS), solar PV demand grew at a double-digit pace, largely due to policies in China … Continue reading Top 10 predictions for the 2015 global photovoltaic (PV) solar energy market
Continue readingMonthly Archives: January 2015
Grid Batteries for Wind Energy and Solar Power Find First Customers
Several new types of battery, each capable of cost-effectively storing the energy output from a wind power or solar energy, are finally being hooked up to power grids. The so-called grid batteries could lower the cost of renewable energy by eliminating the intermittency problem that arises when the sun isn’t shining or the wind isn’t … Continue reading Grid Batteries for Wind Energy and Solar Power Find First Customers
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Vestas offshore wind energy project in Belgium
Today there is information in the market regarding a MHI Vestas Offshore Wind energy project in Belgium. Vestas can confirm that Nobelwind and MHI Vestas Offshore Wind have entered into a conditional agreement regarding the 165 MW Nobelwind project in Belgium, comprising 50 V112-3.3 MW wind turbines. As soon as the project translates into a … Continue reading Vestas offshore wind energy project in Belgium
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South Africa awards SolarReserve group 100 MW Concentrated Solar Power (CSP) project
The South Africa Department of Energy (DOE) awarded preferred bidder status for a 100 megawatt (MW) Concentrated Solar Power (CSP) project to a consortium led by SolarReserve, a leading global developer of utility-scale solar power projects and advanced solar thermal technology, and International Company for Water and Power Projects (ACWA Power), the Saudi water and … Continue reading South Africa awards SolarReserve group 100 MW Concentrated Solar Power (CSP) project
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CTE WIND is growing in Chile, Brazil, Uruguay and Peru, increasing its wind energy participation in the region
CTE WIND civil engineering is growing in the renewable energy market in South America. The French based company with offices in Brazil, Portugal, Poland, Senegal and Vietnam continues its development by designing wind turbine foundations all over the world. The engineering company is currently working on the Florida II Wind Farm. Also, CTE WIND has … Continue reading CTE WIND is growing in Chile, Brazil, Uruguay and Peru, increasing its wind energy participation in the region
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Gamesa wind turbines for wind power in China
Gamesa will install 25 of its G97-2.0 MW wind turbines for HCIG and 21 of the same model for UPC. These two new wind power contracts reinforce Gamesa’s strategy in China, where it won contracts for the supply of 450 MW in 2014. Gamesa, a global technology leader in wind energy, has signed two … Continue reading Gamesa wind turbines for wind power in China
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China cuts wind energy prices for wind farm projects
China has decided to cut wind energy prices of new wind farm projects that are approved after the end of last year and those completed after the end of 2015 by less than expected. A circular has been dispatched from energy industry regulator National Development and Reform Commission to local authorities and companies which said … Continue reading China cuts wind energy prices for wind farm projects
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Toyota (TM) to Allow Royalty-Free Usage of FCV Patents
Toyota Motor Corporation has decided to share nearly 5,680 of its fuel cell vehicle (FCVs) related patented technologies (including those with pending applications) royalty-free, in an effort to make FCVs more popular. These include 1,970 patent licenses related to fuel cell stacks, 290 patent licenses related to high-pressure hydrogen tanks and 3,350 patent licenses related … Continue reading Toyota (TM) to Allow Royalty-Free Usage of FCV Patents
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Ireland hits new record of wind energy production
According to the Irish Wind Energy Association (IWEA), when combined with the output from Northern Ireland, the island’s total output this morning was 2,490MW. The windy conditions that have battered Ireland have been be a major boon to the country’s wind-energy production, contributing to its largest ever wind-energy output. The figure recorded by EirGrid … Continue reading Ireland hits new record of wind energy production
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Denmark Sets World Record For Wind Power Production
Denmark has been long been a pioneer in wind power, having installed its first wind turbines in the mid-1970s when oil shocks sent the import-dependent nation on a quest for energy security. Thirty-seven years later, the country has set a new world record for wind production by getting 39.1 percent of its overall electricity from … Continue reading Denmark Sets World Record For Wind Power Production
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Iberdrola, EDP Renewables and Emera Maine Advance Northern Maine Wind Energy
Central Maine Power (CMP), a subsidiary of Iberdrola USA, EDP Renewables (EDPR), and Emera Maine, a subsidiary of Emera Inc. (TSX: EMA), announced today they have reached agreements that will enable clean energy from a new wind power project in northern Maine to reach southern Maine and New England. The agreements advance the first of … Continue reading Iberdrola, EDP Renewables and Emera Maine Advance Northern Maine Wind Energy
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Fotowatio Renewable Ventures (FRV) announced today the closing of an $81.9 million loan with Inter-American Development Bank
The financing is IDB’s first financing of a solar PV project in Uruguay and its largest to date for a solar PV project. Fotowatio Renewable Ventures (FRV) announced today the closing of an $81.9 million loan with Inter-American Development Bank (IDB) to build a solar PV farm, La Jacinta, in Uruguay. It is IDB’s first … Continue reading Fotowatio Renewable Ventures (FRV) announced today the closing of an $81.9 million loan with Inter-American Development Bank
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Cape Wind farm suffers major setback on PPA
Deals between Cape Wind and both NStar and National Grid for power from the proposed Nantucket Sound wind farm have fallen apart, marking a major, and potentially fatal, setback for the offshore wind power project. NStar, which agreed in 2012 to buy 27.5 percent of the power expected to be generated by the 130-turbine wind … Continue reading Cape Wind farm suffers major setback on PPA
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EnBW sells stake in offshore wind farm to Macquarie Capital for €720m
EnBW sold a stake in its Baltic 2 offshore wind park to Australian investment group Macquarie for 720 million euros ($856 million), joining an industry trend of building and selling wind farms to boost earnings. The sale of the 49.89 percent stake, still subject to antitrust approval, is expected to be completed next summer, … Continue reading EnBW sells stake in offshore wind farm to Macquarie Capital for €720m
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Wind power Suzlon to be in talks for $2.5 billion sale of Senvion
Suzlon Energy Ltd, Asia’s second biggest wind-turbine maker by capacity, is in talks with potential buyers about a sale of its German business, people with knowledge of the matter said. The company could raise about $2.5 billion from a sale of Hamburg-based Senvion SE, the people said, asking not to be identified because … Continue reading Wind power Suzlon to be in talks for $2.5 billion sale of Senvion
Continue readingPakistan to pull solar power into grid
Pakistan has approved the use of grid-connected solar energy, rooftop solar installations and mortgage financing for home solar panels to boost uptake of clean energy in the country. The government has also reversed course and eliminated a 32.5 percent tax imposed on imported solar equipment in the country´s 2014-2015 budget. The reversal aims … Continue reading Pakistan to pull solar power into grid
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GE Integrates Concentrated Solar Power with Combined Cycle in Saudi Arabia
Saudi Electricity Company (SEC) has selected GE for a project that marks Saudi Arabia’s first integration of a Concentrated Solar Power with a combined-cycle plant and the first introduction of condensate as a gas turbine fuel. The landmark project, the ‘Green Duba’ Integrated Solar Combined Cycle Plant, will be built in the northwestern part … Continue reading GE Integrates Concentrated Solar Power with Combined Cycle in Saudi Arabia
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Wind power to creating 4,200 jobs in Maine in 2015
Maine wind power supporters are touting the industry’s economic impact ahead of the legislative session. Wind power companies have spent more than $532 million on projects in Maine over the past eight years and are poised to spend an additional $745 million over the next four, an industry trade group said Tuesday in a report … Continue reading Wind power to creating 4,200 jobs in Maine in 2015
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Denmark: 39 percent of energy consumption was covered by wind energy last year
Denmark is nearing its 2020 goal of have 50 percent of its energy consumption covered by wind energy, according to new figures from the national transmission system operator for electricity and natural gas, Energinet.dk. The figures showed that 39 percent of Danish energy consumption in 2014 was covered by wind energy – double what it … Continue reading Denmark: 39 percent of energy consumption was covered by wind energy last year
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Abengoa and the US firm EIG Global Energy Partners sign an agreement to jointly invest in Concentrated Solar Power (CSP)
Abengoa and the US firm EIG Global Energy Partners sign an agreement to jointly invest in the development of Abengoa’s Concentrated Solar Power (CSP) projects under construction. Abengoa and the US firm EIG Global Energy Partners sign an agreement to jointly invest in the development of Abengoa’s Concentrated Solar Power (CSP) projects under construction. Abengoa … Continue reading Abengoa and the US firm EIG Global Energy Partners sign an agreement to jointly invest in Concentrated Solar Power (CSP)
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