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YPF Luz clinches $150 million in loans for wind farm in Santa Cruz

Argentine power generator YPF Luz, a subsidiary of state oil company YPF, said on Tuesday it had clinched $150 million in loans to build a wind farm in Santa Cruz, on the country’s famously breezy southern steppes. The company received $100 million in credits from BNP Paribas Fortis and $50 million from the U.S. International … Continue reading YPF Luz clinches $150 million in loans for wind farm in Santa Cruz

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Cepsa, Masdar agree to form wind energy joint venture

Abu Dhabi-based clean energy firm Masdar and Spain’s Cepsa agreed to establish a joint venture to develop renewable energy projects in the Iberian Peninsula. The 50:50 joint venture called Cepsa Masdar Renovables will focus on developing wind power and solar photovoltaic projects with an initial target of 500 to 600 megawatts in Spain and Portugal. … Continue reading Cepsa, Masdar agree to form wind energy joint venture

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WINDEXT, a European wind energy training project coordinated by AEE

The objective of WINDEXT is to standardize the training on the maintenance of wind farm and wind turbines and promote the use of digital tools.The WINDEXT wind power project, with a budget of one million euros and a duration of 3 years, has as main objective to standardize the training in maintenance of wind turbines … Continue reading WINDEXT, a European wind energy training project coordinated by AEE

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China makes half of global newly-built concentrated solar power capacity in 2019

Two more large-scale demonstration concentrating solar power (CSP) projects joined the team of operational solar thermal plants in China at the end of last year in 2019. Up to date, there are seven large-scale concentrated solar power projects with total capacity of 350MW in operation distributed across West China. Chart: Global concentrated solar power capacity … Continue reading China makes half of global newly-built concentrated solar power capacity in 2019

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Wind energy ready to help deliver Europe’s Green Deal Investment Plan

The EU aims to mobilise €1 trillion in investments over the next 10 years to support the transition towards climate neutrality by 2050. Half of this amount will come from the EU budget, while Member States are expected to co-finance another €100 billion. The rest will come from private and public investments. The European Investment … Continue reading Wind energy ready to help deliver Europe’s Green Deal Investment Plan

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Nordex increases wind energy order intake to 6.2 gigawatts in 2019

Nordex continued to receive a large number of wind power orders from Europe as well as North and South America in the final quarter of 2019, with customers ordering 359 wind turbines generating a combined nominal output of 1,477 megawatts (MW) during this period (Q4 2018: 1,679 MW). Overall, the Nordex Group received orders to … Continue reading Nordex increases wind energy order intake to 6.2 gigawatts in 2019

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Mr. Dana R. Younger joins GWEC as Senior Advisor to accelerate renewable energy investment

Mr. Dana R. Younger, a renewable energy finance specialist, has joined GWEC as a Senior Advisor to help the organisation step up its efforts to accelerate investment in wind power, particularly in emerging markets. Younger will help GWEC develop stronger relationships with leading financial institutions and institutional investors that are most active in financing renewable … Continue reading Mr. Dana R. Younger joins GWEC as Senior Advisor to accelerate renewable energy investment

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Migratory birds and wind energy: Looking at reality

Last week, several House lawmakers introduced a bill that would reform the Migratory Bird Treaty Act (MBTA). The ensuing debate sure to arise provides an excellent opportunity to lay some facts on the table about wind energy’s wholistic impact on birds. Wind Energy Provides Benefits to migratory birds The truth is wind is the most … Continue reading Migratory birds and wind energy: Looking at reality

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Nebras buys 49% in 527 MW Goldwind wind farm in Australia

Nebras Power announced the acquisition of a 49% stake in Goldwind Australia’s 527-MW Stockyard Hill wind farm in Victoria, Australia. The power development and investment company purchased the stake through its affiliate Nebras Power Investment Management BV in a transaction that marks the Doha-headquartered firm’s entry into the Aussie power market. Chinese wind turbine maker Xinjiang Goldwind … Continue reading Nebras buys 49% in 527 MW Goldwind wind farm in Australia

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219 MW Northwester 2 offshore wind farm has begun delivering wind power to the Belgian grid

219 MW offshore wind farm features MHI Vestas 9.5MW wind turbines. The wind power project’s first commissioned wind turbine began generating power over the weekend. The wind farm, being developed by Parkwind, is expected to be fully operational by the summer. It comprises 23 MHI Vestas V164-9.5 MW wind turbines. Northwester 2 will supply just … Continue reading 219 MW Northwester 2 offshore wind farm has begun delivering wind power to the Belgian grid

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Poland leading in Europe on onshore wind energy right now

Onshore wind power had a strong end of the decade with a number of auctions taking place in December. Poland held the largest European dedicated onshore wind farm auction ever with a total volume of 2.2GW. The average bid of €49/MWh was lower than the wholesale electricity price. The end of the year also saw … Continue reading Poland leading in Europe on onshore wind energy right now

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EDP Renováveis secures a PPA for a new solar power project in Brazil

EDP Renováveis, S.A. (“EDPR”), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, through its subsidiary EDP Renováveis Brasil, S.A. (“EDPR Brasil”), secured a 19-year private Power Purchase Agreement (“PPA”) to sell the energy to be produced by Lagoa solar power plant. Lagoa solar power plant, located … Continue reading EDP Renováveis secures a PPA for a new solar power project in Brazil

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Germany’s biggest wind energy plant has been connected to the grid

Germany’s biggest wind farm has been fully connected to the grid. According to EnBW Energie Baden-Württemberg AG  (EnBW), its  Albatros offshore wind farm is  located roughly 100 km off the coast of Germany. “The Hohe See offshore wind farm has already been in operation since October 2019. Now its smaller neighbour Albatros is also producing … Continue reading Germany’s biggest wind energy plant has been connected to the grid

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Double the Share of Renewables in the ‘Decade of Action’ to Achieve Energy Transition Objectives

The share of renewables in global power should more than double by 2030 to advance the global energy transformation, achieve sustainable development goals and a pathway to climate safety, according to the International Renewable Energy Agency (IRENA). Renewable electricity should supply 57 per cent of global power by the end of the decade, up from … Continue reading Double the Share of Renewables in the ‘Decade of Action’ to Achieve Energy Transition Objectives

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Ørsted’s first offshore wind farm in the Netherlands

Ørsted has started constructing its first offshore wind farm in the Netherlands by installing the first foundations at the 752MW Borssele 1 & 2 offshore wind farm, marking an important milestone for the project. Henrik Egholm, EPC Director for Borssele 1 & 2, says: “It’s great that the installation has started now, according to plan. … Continue reading Ørsted’s first offshore wind farm in the Netherlands

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ADFD confirmed the allocation of USD 105 million for eight renewable energy projects

The Abu Dhabi Fund for Development (ADFD) today confirmed the allocation of approximately USD 105 million for eight renewable energy projects in developing countries in the seventh cycle of the IRENA/ADFD Project Facility. The announcement marks a record level of funding for any cycle since the facility was launched and will provide funding for projects … Continue reading ADFD confirmed the allocation of USD 105 million for eight renewable energy projects

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Indian Railways to source 1,000 MW solar, 200 MW wind power by 2021-22

The Indian Railways has planned to procure around 1,000 MW solar power and 200 MW wind power by 2021-22 across zonal railways and production units. Of the total, 500 MW solar plants are to be installed on the rooftop of railway buildings which will be used to meet non-traction loads at railway stations. Another, 500 … Continue reading Indian Railways to source 1,000 MW solar, 200 MW wind power by 2021-22

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Energy Transformation Can Create More than 40m Jobs in Renewable Energy

Renewable energy could employ more than 40 million people by 2050 under the International Renewable Energy Agency’s (IRENA) climate safe energy path, according to a report published by the Agency during its 10th Assembly. The report finds that total energy sector employment can reach 100 million by 2050, up from around 58 million today should … Continue reading Energy Transformation Can Create More than 40m Jobs in Renewable Energy

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Hayward Tyler Awarded Concentrated Solar Power Contract in Dubai

Hayward Tyler, a manufacturer of performance-critical pumps and motors for the energy sector, has been awarded a multimillion-dollar contract to supply a glandless pump package to major Chinese EPC, Shanghai Electric, for installation at Bin Rashid Al Maktoum Solar Park Phase IV, a 950 MW hybrid concentrating solar power (CSP) and photovoltaic (PV) project. The … Continue reading Hayward Tyler Awarded Concentrated Solar Power Contract in Dubai

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EDF Renewables announced wind farm in Wales

The Garn Fach wind farm will be located on hills east of Llanidloes in mid-Wales. The proposal would commit to 22 turbines, each with a tip height of 149.9 metres, producing 5 MW of power at peak. The current plan is an alteration of a previous unsuccessful application, involving 29 turbines with a tip height … Continue reading EDF Renewables announced wind farm in Wales

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