The European Investment Bank (EIB) has announced it will provide a €500mn counter-guarantee to Deutsche Bank aimed at boosting Europe’s wind turbine manufacturing industry. This announcement marks the first tranche activated under the EIB’s €5bn counter-guarantee scheme which constitutes the EIB’s key contribution under the EU Wind Power Package. The counter-guarantees will improve access to … Continue reading EIB provide a €500mn counter-guarantee to Deutsche Bank aimed at boosting Europe’s wind turbine manufacturing industry
Continue readingMonthly Archives: July 2024
Green hydrogen strategy: A guide to design
This report provides a step-by-step guide to assist policy makers in drafting and updating national hydrogen strategies, based on lessons learned from national experiences from around the world. Green hydrogen offers a sustainable solution to reduce emissions in hard-to-abate sectors, and has the potential to play a leading role in global decarbonisation efforts. With countries … Continue reading Green hydrogen strategy: A guide to design
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Nordex receives a new order from Aquila Clean Energy for 141.6 MW of wind energy in Spain
Aquila Clean Energy has placed an order with the Nordex Group for the additional delivery of 24 N163/5.X wind turbines in Spain. In addition to the 21 wind turbines with a combined power of 124 MW ordered for the Baza wind farm group in June 2024, the Nordex Group will also supply additional wind turbines … Continue reading Nordex receives a new order from Aquila Clean Energy for 141.6 MW of wind energy in Spain
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Wind energy and photovoltaic overtake fossil fuels to provide 30% of EU electricity
Report finds 13 member states generated more energy from wind and solar power than coal and gas for first time in 2024 Ajit Niranjan Wind turbines and solar photovoltaic panels have overtaken fossil fuels to generate 30% of the European Union’s electricity in the first half of the year, a report has found. Power generation … Continue reading Wind energy and photovoltaic overtake fossil fuels to provide 30% of EU electricity
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Photovoltaic and wind energy in the fourth week of July
In the fourth week of July, prices in the main European electricity markets, as well as gas and CO2 futures prices, remained in the same range as in the previous week. Most electricity markets registered negative prices on Sunday, July 28. On that day, Italy registered the highest photovoltaic energy production for a July month. … Continue reading Photovoltaic and wind energy in the fourth week of July
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Wind power from the east gathering strength: the outlook for OEMs
With the growth outlook for onshore and offshore wind looking healthy, Chinese wind turbine OEMs are hungry for global expansion. We expect healthy growth in demand for onshore and offshore wind generation over the next ten years, providing a firm foundation for wind turbine manufacturers to build on across the board. But how are market … Continue reading Wind power from the east gathering strength: the outlook for OEMs
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Poland and Hungary lead Europe in photovoltaic solar power growth
Poland boosted its output from solar panels by 37% and Hungary by 49% in the first half of this year, while renewable energy outpaced carbon fuels in EU power stations for the first time, according to a report. The study by Ember, a think tank that campaigns for a transition from carbon-generated energy, said that … Continue reading Poland and Hungary lead Europe in photovoltaic solar power growth
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Vestas is awarded a 49 MW wind energy project in Germany
Vestas has received a 49 MW order from WindBauer GmbH for the Bartow Pfalz wind energy project in Mecklenburg-Vorpommern, Germany. Vestas will deliver six V162-7.2 MW and one V150-6.0 MW wind turbines, and the order includes the supply, delivery and commissioning of the wind turbines. Upon completion, Vestas will service the turbines under a long-term … Continue reading Vestas is awarded a 49 MW wind energy project in Germany
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Soltec and Fraunhofer ISE advance the next generation of photovoltaics with a new solar tracker prototype
In a significant advance for the solar industry, Soltec, a leading Murcia company in the manufacture of solar trackers, has joined the prestigious Fraunhofer Institute of Solar Energy Systems ISE to develop an innovative prototype of a two-axis solar tracker intended for photovoltaic applications of concentration. This collaboration seeks to establish a new standard in … Continue reading Soltec and Fraunhofer ISE advance the next generation of photovoltaics with a new solar tracker prototype
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Acciona Energía sells hydro portfolio in Spain to Elawan Energy
ACCIONA Energía announced today that it has reached an agreement with Elawan Energy, a subsidiary of ORIX Corporation, for the sale of 100% of Acciona Saltos de Agua, S.L. group (ASA) for €287 million. The transaction perimeter is debt-free. The ASA portfolio comprises 23 fully-owned hydroelectric plants totalling 175MW of installed capacity located in the … Continue reading Acciona Energía sells hydro portfolio in Spain to Elawan Energy
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Floating photovoltaics, a new frontier
Our quest for increasingly advanced solutions to produce renewable and sustainable energy has reached a new frontier: that of the hybridization of hydropower and solar energy. The project was developed back in 2020 at our Innovation Lab in Catania, thanks to our collaboration with NRG, and then adopted at the Venaus power plant in Piedmont. … Continue reading Floating photovoltaics, a new frontier
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Spain approves 28 GW and grants Administrative Construction Authorisation for 283 photovoltaic wind power and hydro plants
Spain’s Ministry for the Ecological Transition and the Demographic Challenge (MITECO) has granted the Administrative Construction Authorisation (AAC) to 283 renewables energy projects totalling 28GW that had to obtain it before July 25, in accordance with the deadlines and milestones established by Royal Decree-Law 23/2020. The projects add up to 28,123MW and their execution will … Continue reading Spain approves 28 GW and grants Administrative Construction Authorisation for 283 photovoltaic wind power and hydro plants
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Vestas secures 795 MW order for OranjeWind offshore wind farm in the Netherlands
Vestas has received a firm order for wind turbines for the OranjeWind offshore wind farm, formerly Hollandse Kust West VII, in the Netherlands. Vestas will supply 53 V236-15.0 MW wind turbines and is responsible for the supply, delivery and commissioning of the wind turbines. Upon completion, Vestas will service the assets under a 5-year comprehensive … Continue reading Vestas secures 795 MW order for OranjeWind offshore wind farm in the Netherlands
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RWE and Saitec collaborate to commission enhanced environmental monitoring studies at DemoSATH floating offshore wind project
“DemoSATH Lab” initiative kicks-off enhanced environmental monitoring studies to gain better knowledge about underwater noise, bird detection and the interactions of marine life with the platform. The studies will be conducted on DemoSATH, a 2 MW operational floating offshore wind turbine installed 2 miles off the Spanish coastline. The DemoSATH floating offshore wind turbine has been … Continue reading RWE and Saitec collaborate to commission enhanced environmental monitoring studies at DemoSATH floating offshore wind project
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Solar photovoltaic (PV) and storage can stabilize the grid
There are many factors that affect the stability of an electrical network at any given time. The most common challenge is matching supply with demand. The amount of energy consumers need varies depending on the time of day and weather conditions or even a national holiday or major event. In the United States, for example, … Continue reading Solar photovoltaic (PV) and storage can stabilize the grid
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From 22 to 4 wind turbines, Endesa begins the largest repowering of a wind power plant in Spain
The wind farm, which foresees the replacement of wind turbines operating since 2000, represents an investment of 34.1 million euros. The work has a maximum aid of 6.51 million, granted by the Institute for Energy Diversification and Saving (IDAE), under the Recovery, Transformation and Resilience Plan financed by the EU. Endesa, through its renewable energy … Continue reading From 22 to 4 wind turbines, Endesa begins the largest repowering of a wind power plant in Spain
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Experts refute Trump’s claim that wind energy is killing many birds in the US.
Experts refute Trump’s claim that wind power is killing many birds in the US. Billions of birds likely die each year in the United States, but contrary to popular claims, wind turbines are not the main culprit. Former President Trump continually used his prominent platform to claim that wind turbines… make economic sense for part … Continue reading Experts refute Trump’s claim that wind energy is killing many birds in the US.
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Ceará’s wind energy potential can supply more than 23 million homes in Brazil
Faced with an average of 2,500 hours of sunshine per year and a strong wind potential, a study carried out by ENGIE revealed that Ceará has the capacity to generate enough energy to supply electricity to more than 23 million homes. This combination of natural resources positions the state as a potential leader in the … Continue reading Ceará’s wind energy potential can supply more than 23 million homes in Brazil
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Chinese solar photovoltaic (PV) company signs agreement to establish 10 GW factory in Sohar, Oman
A Chinese company specialising in production of solar photovoltaic (PV) modules has signed an agreement with Oman’s Bakarat Investment to build an advanced solar PV module and cell production facility in Suhar. Q-SUN Solar stated in a LinkedIn post that this collaboration will provide significant production support for its expansion into new international markets. ‘This … Continue reading Chinese solar photovoltaic (PV) company signs agreement to establish 10 GW factory in Sohar, Oman
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Chile installs 3,962 MW of photovoltaic and 1,882 MW of wind power
Currently, there are more than 3.9 GW PV under construction in the country. 67% of Chile’s electricity generation in June was renewable and solar energy represented 15% of monthly generation.Generadoras Chile has presented its monthly bulletin corresponding to June. According to the report, the National Electric System (SEN) has a total installed capacity of 33,580 … Continue reading Chile installs 3,962 MW of photovoltaic and 1,882 MW of wind power
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