“We believe (the measures) are a major breach of investor confidence with a massive impact on our profit and loss,” an Acciona executive said on a conference call on Friday. Energy reforms represent 5,600 million euros less for renewable energy while polluting energy revenues have grown by 2,500 million euros.Legal security in Spain is lower … Continue reading Acciona studying legal action against energy reforms in Spain
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Concentrating Solar Power: Foreign investors set to sue Spain over energy reform
It is unclear how much claims might be worth, but international funds have more than 13 billion euros ($17 billion) of renewable energy assets in Spain and say that the government has reneged on the terms of their investment. The Spanish Parliament approved a law on Thursday that cuts subsidies for alternative energy technologies, backtracking … Continue reading Concentrating Solar Power: Foreign investors set to sue Spain over energy reform
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Foreign investors set to sue Spain over concentrated solar power
The Spanish Parliament approved a law on Thursday that cuts subsidies for alternative energy technologies, backtracking on its push for green power. It is unclear how much claims might be worth, but international funds have more than 13 billion euros ($17 billion) of renewable energy assets in Spain and say that the government has reneged … Continue reading Foreign investors set to sue Spain over concentrated solar power
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Foreign investors set to sue Spain over renewable energy reform
It is unclear how much claims might be worth, but international funds have more than 13 billion euros ($17 billion) of renewable energy assets in Spain and say that the government has reneged on the terms of their investment. The Spanish Parliament approved a law on Thursday that cuts subsidies for alternative energy technologies, backtracking … Continue reading Foreign investors set to sue Spain over renewable energy reform
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Acciona Energy first wind farm in Croatia
The 30 MW Jelinak wind farm is equipped with 20 Acciona Windpower wind turbines. ACCIONA Energy has put the 30-megwatt Jelinak wind farm into service, its first in Croatia thus continuing its expansion in international markets. ACCIONA is also a pioneer as the first Spanish wind power company to develop a project in the country. … Continue reading Acciona Energy first wind farm in Croatia
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Acciona has been awarded a 56-million-euro contract for the supply of electricity to Canal Isabel II Gestión
It will supply renewable-based electricity in 2013 to all the facilities of the company that manages the integral water cycle in Madrid. ACCIONA thus strengthens its energy marketing business to end customers. ACCIONA, through its subsidiary ACCIONA Green Energy Developments, has been awarded a contract for the supply of electricity in 2013 to the facilities … Continue reading Acciona has been awarded a 56-million-euro contract for the supply of electricity to Canal Isabel II Gestión
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Spain’s Acciona set to get 200 mln eur from public rail deal
Acciona said on Friday it stood to make over 200 million euros next year from supplying electricity for one of the country’s public rail companies. Acciona subsidiary Acciona Green Developments won 94 percent of the electricity auctioned by Adif and estimates it will make 207.8 million euros in revenues. Acciona will provide all the electricity … Continue reading Spain’s Acciona set to get 200 mln eur from public rail deal
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Each MWh of wind energy provides a higher contribution to GDP in most European countries than other generation technologies
Ernst & Young conducted a study that presents an integrated analysis of the value creation potential of wind power. The study was commissioned by Acciona and EDP Renováveis and compares two energy technologies, Combined Cycle Gas Turbines (CCGT) and wind, to analyze the impacts of microeconomic factors such as direct costs as well as macroeconomic … Continue reading Each MWh of wind energy provides a higher contribution to GDP in most European countries than other generation technologies
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Wind energy benefits the economy
As requested by Acciona and EDP Renováveis, Ernst & Young conducted a study that presents an integrated analysis of the value creation potential of wind energy. The study compares two energy technologies, Combined Cycle Gas Turbines (CCGT) and wind power, to analyze the impacts of microeconomic factors such as direct costs as well as macroeconomic … Continue reading Wind energy benefits the economy
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Acciona incorporates energy storage into a grid-connected PV solar plant for the first time in Europe
The innovative system provides stable production of renewable energy and facilitates its integration into the grid. The ILIS project involves a 1.1 MW battery and a smart control system to improve the regulation of the solar plant. ACCIONA has materialized the first European experience of real operation of a grid-connected photovoltaic plant on an industrial … Continue reading Acciona incorporates energy storage into a grid-connected PV solar plant for the first time in Europe
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Acciona will build one of Africa’s biggest Concentrating Solar Power plants
The Concentrating Solar Power plant will have a maximum installed capacity of 160MW, at an investment of around 500 million euro. Moroccan Government’s Solar Energy Agency (Masen) has selected a project led by Saudi Arabia’s Acwa Power, and made up of a number of companies including Spain’s TSK and Aires, as Preferred Bidder for the first … Continue reading Acciona will build one of Africa’s biggest Concentrating Solar Power plants
Continue readingMorocco selects Saudi-led group for Concentrating Solar Power Plant
A group led by Saudi International Company for Water and Power (ACWA) has won a $1-billion contract to build a 160-megawatt (MW) concentrated solar power plant south of Morocco, which hopes to be a key exporter of clean Mustafa Bakkoury, who heads the state’s Solar Energy Agency (Masen), made the announcement at a news conference. … Continue reading Morocco selects Saudi-led group for Concentrating Solar Power Plant
Continue readingAcciona Windpower is awarded a 30 MW supply contract for a wind farm on Canada’s eastern seaboard
Joe Baker, CEO of Acciona Windpower North America, stated that “we’re very excited to partner with Prince Edward Island Energy Corporation on the first Canadian installation of our AW3000 turbine. PEI Energy Corporation has done an excellent job in selecting a turbine that will deliver low-cost, clean energy to its customers”. The contract with PEI … Continue reading Acciona Windpower is awarded a 30 MW supply contract for a wind farm on Canada’s eastern seaboard
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Wind energy in Australia: ACS compete for a wind farm of 157 wind turbines
ACS has submitted bids for the Stockyard Hill wind farm with an installed capacity of 500 MW and with an investment of 825 million euros. ACS would install wind turbines of REpower, German wind company controlled by Suzlon, the largest wind turbine manufacturer in India. ACS competes with Vestas and General Electric. The wind power … Continue reading Wind energy in Australia: ACS compete for a wind farm of 157 wind turbines
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Acciona Completes First AW-3000 Wind Turbine For North America
Two of the 3 MW wind turbines, which feature a 116-meter rotor diameter, will be installed at the Pioneer Grove Wind Farm in Cedar County, Iowa. Acciona has finished assembling its first AW-3000 wind turbine for use in the North American market. The wind farm will utilize two different tower technologies, which are both suitable … Continue reading Acciona Completes First AW-3000 Wind Turbine For North America
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Acciona sells $300 million of Mexican wind power bonds
The Acciona’s Oaxaca II and Oaxaca IV wind farms began operating earlier this year. Both have capacity of 102MW, and are located in the southwest Mexico state. Acciona has raised almost $300 million from bond investors to refinance two Mexican wind farms, in what bankers say is the first financing of non-US renewable energy projects … Continue reading Acciona sells $300 million of Mexican wind power bonds
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Wind energy in Chile: Acciona wind farm project with 22 wind turbines
EVWIND The regional bisecretario stressed that this example can put the Coquimbo Region as “the capital of renewable energy, particularly wind power. Today we have 97% of this energy, we have five wind farms and 192 MW of installed capacity. This region offers all conditions for wind farm factors above 28%. ” The Seremi highlighted … Continue reading Wind energy in Chile: Acciona wind farm project with 22 wind turbines
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Top U.S. Energy Department Official Visits Iowa, Calls on Congress to Extend Wind Energy PTC
REVE In 2011, Iowa generated nearly 19 percent of its total electricity from wind energy, making it one of America’s wind energy leaders. According to the American Wind Energy Association (AWEA), Iowa’s wind industry supported 4,000 to 5,000 direct and indirect jobs in 2010. Today, Under Secretary for Energy (Acting) and Assistant Secretary for … Continue reading Top U.S. Energy Department Official Visits Iowa, Calls on Congress to Extend Wind Energy PTC
Continue readingAcciona’s wind power capacity totalled 6,965 MW
EBITDA totalled 677 million euros and revenue closed at 3.35 billion euros. ACCIONA’s attributed net profit in the first half of 2012 totalled 80 million euros, 67.7% less than the 248 million euros obtained between January and June of 2011. The 2011 results included capital gains of 210 million euros from the sale of two … Continue reading Acciona’s wind power capacity totalled 6,965 MW
Continue readingWind power in Oklahoma
Acciona announced that its 132 MW Big Smile Wind Farm, formerly known as the Dempsey Ridge Wind Farm, began commercial operations on July 5 in Oklahoma. It uses 66 wind turbines.
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