Floating offshore wind energy could create 50,000 jobs in Spain and Portugal by 2030

A new study by EIT InnoEnergy shows that Spain and Portugal have unique competitive advantages and enormous potential for the region to become a leading global hub for floating offshore wind energy. The study, entitled ‘Iberia as a hub for technology development and industrial leadership in the field of floating wind offshore energy’, has been … Continue reading Floating offshore wind energy could create 50,000 jobs in Spain and Portugal by 2030

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EIT InnoEnergy invests in Nabrawind

EIT InnoEnergy, the engine of innovation and entrepreneurship in sustainable energy in Europe, has become Nabrawind’s new shareholder, joining the investors that constitute the company: Evoluwind (promoters), Barinaga and Alberdi, Sodena and Basarro. The European company is thus exercising the right acquired in the capital increase that Nabrawind carried out last July 2019. The entry … Continue reading EIT InnoEnergy invests in Nabrawind

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ACWA Power expected to play an integral role in the development of PIF’s renewable energy program

The Public Investment Fund (“PIF”) today announced that it has increased its ownership stake in ACWA Power from 33.36% to 50%. The investment comes as part of PIF’s strategy to support the development of the renewable energy sector within Saudi Arabia and enable the growth of national champions to become regional and global leaders, while also … Continue reading ACWA Power expected to play an integral role in the development of PIF’s renewable energy program

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IRENA and Ocean Energy Europe Partner to Drive Ocean Energy Industry

The CEO of Ocean Energy Europe (OEE), Rémi Gruet and the Director-General of the International Renewable Energy Agency (IRENA), Francesco La Camera, signed a Memorandum of Understanding (MoU) today at the annual Ocean Energy Europe Conference & Exhibition. The partnership will deepen existing cooperation to accelerate the commercialisation of ocean energy technologies, by promoting the … Continue reading IRENA and Ocean Energy Europe Partner to Drive Ocean Energy Industry

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Ørsted enters a two-year agreement from 325 MW of onshore wind energy in the Netherlands

Greenchoice, an energy company with a strong focus on sustainability, manages a portfolio of 325 MW of onshore wind power in the Netherlands. Ørsted has now been chosen to bring the green energy to market and will therefore be responsible for selling and balancing the power from Greenchoice’s onshore wind portfolio. Morten Buchgreitz, Executive Vice … Continue reading Ørsted enters a two-year agreement from 325 MW of onshore wind energy in the Netherlands

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Ørsted joins the SteelZero initiative to support transition to low-carbon steel

The renewable energy company sees low-carbon steel as critical to achieving a carbon-neutral supply chain by 2040, and important to meeting global climate goals. SteelZero, a global initiative to drive market demand for net-zero emissions steel, was launched today with support from major steel-using organisations, including Ørsted. The steel industry contributes about 7 % of … Continue reading Ørsted joins the SteelZero initiative to support transition to low-carbon steel

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How is wind energy going to support economic recovery?

Wind energy is well positioned to support Europe’s economic recovery from COVID-19. The EU wants a major expansion of wind energy to deliver the Green Deal. The wind industry has proved resilient this year and is ready to deliver the investments the EU wants – all of which will create jobs and growth. Starting at … Continue reading How is wind energy going to support economic recovery?

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Vestas wins 534 MW order in Brazil to extend Casa dos Ventos’ wind farm

Vestas wins 534 MW order in Brazil to extend Casa dos Ventos’ wind farm and make it the largest wind power project in Latin America.Casa dos Ventos, one of the pioneers and largest investors in the development of wind energy projects in Brazil, has placed a 534 MW order for the second stage of the … Continue reading Vestas wins 534 MW order in Brazil to extend Casa dos Ventos’ wind farm

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Floating wind power to grow 2000-fold by 2050 but more comprehensive standards and risk management required

Floating wind energy will play an important role in decarbonizing the global energy system, contributing 2% of the world’s power supply by 2050, but more comprehensive industry standards and risk management is required for the technology to scale. According to a new report by risk management and quality assurance company DNV GL, the cost of … Continue reading Floating wind power to grow 2000-fold by 2050 but more comprehensive standards and risk management required

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Nordex’s new concrete tower factory for wind energy in Spain begins operations

After only four months of construction work, Nordex has launched its new mobile concrete tower production plant for wind turbines in Spain. In Motilla del Palancar, in Castilla-La Mancha, a concrete tower production plant of more than 120,000 square meters has been set up. The Nordex Group started production of the first concrete tower segments … Continue reading Nordex’s new concrete tower factory for wind energy in Spain begins operations

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