The Spanish government has been offering incentives to invest in renewable energy as part of its commitment to the Sustainable Development Goals of the UN 2030 Agenda. These incentives allow full payback when solar or wind projects replace fossil fuel power sources. The Spanish government aims to expand wind and solar infrastructure as part of … Continue reading China’s Goldwind explores investment opportunities in Spain’s wind power market
Continue readingMonthly Archives: July 2023
New Innovation in Solar and Wind Energy Technology
A breakthrough in renewable energy technology has been announced, promising to revolutionize the industry. This development comes as a result of years of research and development by leading scientists and engineers. The new technology aims to address the growing demand for clean and sustainable energy sources. The innovative technology utilizes a combination of solar and … Continue reading New Innovation in Solar and Wind Energy Technology
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Offshore wind power boosts economy in Whitehaven, UK
A beautiful seaside town in one of the least economically productive parts of the UK has the potential to see its economy change with the installation of offshore wind farms. Whitehaven, located in Copeland near the Lake District, is hopeful the new green scheme can give them the boost they need, and local fishermen will … Continue reading Offshore wind power boosts economy in Whitehaven, UK
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Energy Pulse
Vattenfall has stopped development of its 1.4 GW Norfolk Boreas offshore wind project in the UK The Norfolk Boreas project was awarded a 15-year Contract for Difference (CfD) in UK AR4 last year at £37.35/ MWh (real 2012) and positioned to take FID imminently. Management reasoned that due to supply chain constraints, cost inflation and … Continue reading Energy Pulse
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Global coal demand set to remain at record levels in 2023
Global coal consumption climbed to a new all-time high in 2022 and will stay near that record level this year as strong growth in Asia for both power generation and industrial applications outpaces declines in the United States and Europe, according to the IEA’s latest market update. Coal consumption in 2022 rose by 3.3% to … Continue reading Global coal demand set to remain at record levels in 2023
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RWE creates preconditions for constructing a hydrogen-ready gas-fired power plant in Weisweiler
RWE plans to build hydrogen-ready gas-fired power plants at its own former power plant sites in Germany by 2030 to help achieve the goal of phasing out coal 2030. By awarding the contract to an international consortium, RWE has now laid the foundations for building a hydrogen-capable combined-cycle gas turbine (CCGT) power plant with an … Continue reading RWE creates preconditions for constructing a hydrogen-ready gas-fired power plant in Weisweiler
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Iberdrola buys two onshore wind farms from Greenvolt Power in Poland
Iberdrola has moved forward with its international expansion by completing the purchase of two onshore wind farms in Poland, owned by Greenvolt Power, a subsidiary of Greenvolt Group. The projects are anticipated to come into operation in the second half of the year, with a combined capacity 50-megawatts (MW), producing enough electricity to power 50,000 … Continue reading Iberdrola buys two onshore wind farms from Greenvolt Power in Poland
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Manitoba Plans to Boost Wind Power and Promote Conservation in Long-Term Energy Plan
Manitoba is considering the expansion of wind power and the implementation of measures to encourage energy conservation as part of a new long-term energy plan. The plan aims to address the province’s need to increase its current hydroelectric generating capacity of 6,600 megawatts by 2050. The government of Manitoba released a 20-page report on Friday, … Continue reading Manitoba Plans to Boost Wind Power and Promote Conservation in Long-Term Energy Plan
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ACP Statement on NEPA Phase 2 Rule
The American Clean Power Association (ACP) generally supports the Administration’s new guidance intended to help accelerate environmental reviews for clean energy projects and infrastructure. While we are appreciative of the steps the Council on Environmental Quality (CEQ) has taken to undertake these much-needed reforms, it’s critical that Congress build upon these actions and tackle comprehensive, … Continue reading ACP Statement on NEPA Phase 2 Rule
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Global Energy Trends on Sri Lanka’s Energy Market
The impact of global energy trends on Sri Lanka’s energy market is becoming increasingly apparent as the nation strives to meet its growing energy demands. With a population of over 21 million people and a rapidly expanding economy, Sri Lanka’s energy consumption has been on the rise, necessitating a shift in the country’s energy landscape. … Continue reading Global Energy Trends on Sri Lanka’s Energy Market
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The Prospects for Wind Energy in Kuwait: Harnessing the Desert Winds
In the heart of the Middle East, the State of Kuwait is exploring a new frontier in its energy landscape: harnessing the power of the desert winds. With its vast, arid plains and strong, consistent wind currents, Kuwait is an ideal candidate for the development of wind energy, a renewable and sustainable alternative to the … Continue reading The Prospects for Wind Energy in Kuwait: Harnessing the Desert Winds
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Egypt’s Renewable Energy Projects
Egypt has made significant investments in renewable energy projects, with several notable solar and wind farms across the country. One of the largest projects is the Gabal Al-Zait wind farm, located near Ras Gharib, with a capacity of 580 MW. Constructed by Gamesa and Siemens, the project received financial support from the European Union and … Continue reading Egypt’s Renewable Energy Projects
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Boujdour wind farm comes into service in Morocco
On Tuesday 25 July, the National Office of Electricity and Drinking Water (ONEE) announced the entry into service of the Boujdour wind farm, Morocco’s eighth wind power project. With the official inauguration and commissioning of an eighth wind power project, Morocco’s energy sector enters a new era aimed at boosting the country’s economy while trying … Continue reading Boujdour wind farm comes into service in Morocco
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The Future of Offshore Wind Power in Belgium
Belgium, a country known for its picturesque landscapes and rich history, is now making headlines for its commitment to renewable energy, particularly offshore wind energy. This commitment has placed Belgium at the forefront of the global transition towards cleaner, more sustainable energy sources. Offshore wind energy, a form of power generation that involves installing wind … Continue reading The Future of Offshore Wind Power in Belgium
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Potential of Offshore Wind Energy in Norway
Norway, a country known for its abundant natural resources and breathtaking landscapes, has long been a leader in the renewable energy sector. With a strong commitment to sustainability and a rich history of hydropower production, it comes as no surprise that the Scandinavian nation is now turning its attention to offshore wind energy. As the … Continue reading Potential of Offshore Wind Energy in Norway
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Acciona wins €467 million and consolidates the Nordex wind power
ACCIONA posted a net profit of €467 million (+132.5%) in the first half of 2023. The company’s results reflect strong activity in the Construction and Concessions divisions, the evolution of electricity prices in various markets in which ACCIONA Energía operates—lower than a year ago, but significantly higher than the company’s historical averages—and the full consolidation … Continue reading Acciona wins €467 million and consolidates the Nordex wind power
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Acciona Energía closed the first half of 2023 with a net income of €405 million (+3.9%).
ACCIONA Energía closed the first half of 2023 with a net income of €405 million (+3.9%). During the period, the company doubled its net investment cash flow to €1.54 billion, a figure that reflects the acceleration in the construction of new renewable projects, mainly in Australia and the United States. ACCIONA Energía maintains its year-end … Continue reading Acciona Energía closed the first half of 2023 with a net income of €405 million (+3.9%).
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Ukraine Fights To Build More Resilient, Renewable Energy System in Midst of War
On Feb. 23, 2022, Ukraine’s grid operators were entering into “island mode”—a state of autonomy from other grid systems—when their country was invaded by Russia. This shift was a test that was part of plans already underway for months to desynchronize from the Russian grid and synchronize with the European Union’s. After the initial invasion, … Continue reading Ukraine Fights To Build More Resilient, Renewable Energy System in Midst of War
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Tapping into Eritrea’s Wind Energy Potential
Eritrea, a small country located in the Horn of Africa, has enormous potential for wind energy production. With its vast coastline and high altitude regions, the country is blessed with strong and consistent winds throughout the year. This makes Eritrea an ideal location for harnessing wind energy, which could significantly contribute to the nation’s economic … Continue reading Tapping into Eritrea’s Wind Energy Potential
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ACP Statement on FERC Order Advancing Generator Interconnection Rules
The American Clean Power Association (ACP) and its members support the Federal Energy Regulatory Commission’s much-needed action today on electric generation interconnection, which is a key step towards allowing new clean energy resources to predictably and cost effectively interconnect to the electric grid. This action will help provide relief to the nearly two terawatts of renewables … Continue reading ACP Statement on FERC Order Advancing Generator Interconnection Rules
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