When the global wind energy capacity approaches 1,000 GW worldwide and with an expected growth rate of 3% per year, we are faced with the following dilemma: If the market grows continuously, how is it possible that all the manufacturers lose money that only for the first three would be around €4,000 million in 2021, … Continue reading Wind power, nothing will ever be the same as before, or maybe it will
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Iberdrola’s investment commitment to renewable energy in Portugal
Portugal’s Prime Minister António Costa has presented the new procedures to speed up renewable projects in the country from the Alcochete solar plant, which has just completed its construction. Iberdrola has reaffirmed its commitment to clean energy in Portugal and announced that it will accelerate its investments to expand the country’s renewable capacity during a … Continue reading Iberdrola’s investment commitment to renewable energy in Portugal
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Investments in Egypt’s solar and wind energy approach $3.5 bln to produce 3570 megawatts
Minister of Electricity and Renewable Energy, Dr. Mohamed Shaker, affirmed that Egypt seeks to be a corridor for the transit of clean energy that the African continent enjoys. “Egypt is keen to support the efforts of African countries to access clean energy from renewable sources,” he stated, explaining that there is a plan to localize … Continue reading Investments in Egypt’s solar and wind energy approach $3.5 bln to produce 3570 megawatts
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Switching from fossil fuels to renewable energy could save the world as much as $12tn by 2050
Switching from fossil fuels to renewable energy could save the world as much as $12tn (£10.2tn) by 2050, an Oxford University study says. The report said it was wrong and pessimistic to claim that moving quickly towards cleaner energy sources was expensive. Gas prices have soared on mounting concerns over energy supplies. But the researchers … Continue reading Switching from fossil fuels to renewable energy could save the world as much as $12tn by 2050
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Saitec begins the processing of the first offshore wind farm in the Basque Country
With a total power of 45 MW and with three wind turbines. Saitec begins the processing of Geroa, the first offshore wind farm on the Basque coast with which it intends to promote the value chain in Euskadi with the installation of an experimental park of three wind turbines with a total power of 45 … Continue reading Saitec begins the processing of the first offshore wind farm in the Basque Country
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HEINEKEN Mexico and Enel Green Power Mexico close a 100% renewable energy agreement
For a decade, the agreement will provide the Dutch firm with 28.8 GWh of solar and wind energy each year, for operations at its beer plant in Meoqui, Chihuahua. The amount is equivalent to planting more than 405,000 trees or avoiding emissions of more than 16,100 tons of CO2 per year In line with its … Continue reading HEINEKEN Mexico and Enel Green Power Mexico close a 100% renewable energy agreement
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Wind energy production grew 10%, reaching 4.8% of worldwide electric power usage
In 2018, global wind power capacity grew 9.6% to 591 GW and yearly wind energy production grew 10%, reaching 4.8% of worldwide electric power usage, and providing 14% of the electricity in the European Union. Wind power or wind energy is the use of wind to provide the mechanical power through wind turbines to turn … Continue reading Wind energy production grew 10%, reaching 4.8% of worldwide electric power usage
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Budweiser Aquiraz Plant to be 100% Wind energy Powered
Budweiser’s wind power project has an environmental side to be highlighted: with it, 20,000 tons of carbon dioxide (CO2) will no longer be emitted each year. By 2022, the entire Ceará Budweiser beer factory, located in Aquiraz, in the Fortaleza Metropolitan Region, will be 100% powered by wind power. To this end, Ambev will invest … Continue reading Budweiser Aquiraz Plant to be 100% Wind energy Powered
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Renewables to represent 30% of US total installed capacity by 2030
The contribution of renewable power, wind energy, PV and concentrated solar power, to total installed capacity in the US is expected to double from 15% in 2018 to 30% by 2030, reaching a total of 442.8 gigawatt (GW). Representing a compound annual growth rate (CAGR) of 7.3%, this projection can be attributed to more states … Continue reading Renewables to represent 30% of US total installed capacity by 2030
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Global Offshore Wind Power Report: sector has potential to grow to 200GW of capacity by 2030
New GWEC Market Intelligence Report shows offshore wind energy sector has grown 21% average each year since 2013, taking total to 23 GW installed capacity globally. GWEC sees potential for sector to install additional capacity of 200GW by 2030 under its upside scenario and 190 GW of capacity under business-as-usual scenario. Asian offshore wind turbines … Continue reading Global Offshore Wind Power Report: sector has potential to grow to 200GW of capacity by 2030
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India plans to set up 500 GW of renewable energy capacity by 2030
India would have installed 175 GW of renewable energy capacity by 2022, says secretary, Ministry of New and Renewable Energy. India plans to set up 500 gigawatts (GW) of renewable energy capacity by 2030. This announcement was made by Anand Kumar, secretary, Ministry of New and Renewable Energy on Tuesday at the 17th meeting of … Continue reading India plans to set up 500 GW of renewable energy capacity by 2030
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Renewable Electricity Generation Costs
In many parts of the world, renewables represent the least cost source of new power generation technology. The global weighted average levelised cost of electricity (LCOE) from all commercially available renewable power generation technologies declined in 2018, including concentrated solar thermal power (CSP) (down 26% from 2017), bioelectricity (down 14%), solar PV and onshore wind … Continue reading Renewable Electricity Generation Costs
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Wind power industry
Wind energy has emerged as one of the most economical ways to add new generating capacity. Yet, while falling prices are helping to move wind power into new markets and driving up sales, the highly competitive environment is causing a decrease in the number of wind turbine manufacturers. The global transition from FITs to more-competitive … Continue reading Wind power industry
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The wind energy capacity in 2018
The global wind power market continued to be fairly stable in 2018, with about 51 GW of capacity installed worldwide (including nearly 47 GW onshore and 4.5 GW offshore), down approximately4% from 2017. Onshore wind farm installations accounted for all of the market decline. This was the fifth consecutive year with annual additions exceeding 50 … Continue reading The wind energy capacity in 2018
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Renewables now supply more than a quarter (26%) of global electricity
Renewable energy ( wind energy, PV, concentrated solar power) is increasingly powering the world, but erratic policy making is holding the sector back from its potential contribution to cutting carbon pollution and meeting climate and development targets, according to REN21’s Renewables 2019 Global Status Report (GSR), released today. The report confirms that for the fourth … Continue reading Renewables now supply more than a quarter (26%) of global electricity
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Andalusia aims to 25,650 MW of renewable energy between wind energy, concentrated solar power and photovoltaic
The analyzed potential to install renewable energy projects is distributed, by technologies, as follows: 81% corresponds to photovoltaic projects, 8.2% to wind power, 6.3% to solar thermal, 3.5% to investments in offshore wind energy and 0.6% in biomass. The Junta de Andalucía, through the Agency of Finance, Industry and Energy, has proposed to Red Eléctrica … Continue reading Andalusia aims to 25,650 MW of renewable energy between wind energy, concentrated solar power and photovoltaic
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Renewable energy provided 17.6% of electricity generation in the United States in 2018
Renewable energy provided 17.6% of electricity generation in the United States in 2018, according to the U.S. Energy Information Administration. Renewable generation (wind energy, photovoltaica and concentrated solar power) provided a record of 742 million megawatt-hours of electricity in 2018, nearly twice as much as the 382 million megawatt-hours produced in 2008. Nearly 90% of … Continue reading Renewable energy provided 17.6% of electricity generation in the United States in 2018
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Iberdrola and IFIT back the development of renewable energy in the Canary Islands
The commissioning of their first wind farm in the islands is an example of a model to be followed: competitive and sustainable wind energy developed by local partners and world-class developers, that creates jobs and contributes to communities. Chimiche II has required an investment of over €25M, has created over 200 jobs during its construction … Continue reading Iberdrola and IFIT back the development of renewable energy in the Canary Islands
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Auction of solar power and wind energy in Colombia allocates 1,398 MW of renewable energy
The auction assigned responsibilities to six wind power projects for 1,160 megawatts, located in La Guajira, and two solar generation projects for 238 megawatts, in the department of Cesar. “Today I want to tell you that the renewable energy revolution started in Colombia, because last night we closed the reliability auction and investments and projects … Continue reading Auction of solar power and wind energy in Colombia allocates 1,398 MW of renewable energy
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China hooked up another 20.59 GW of new wind energy capacity to its grid in 2018
China’s renewable power capacity rose 12 percent in 2018 compared to a year earlier, official data showed on Monday. China has been aggressively promoting renewable energy as part of an “energy revolution” aimed at easing its dependence on coal, a major source of pollution and climate-warming greenhouse gas emissions. Total capacity – including hydro and … Continue reading China hooked up another 20.59 GW of new wind energy capacity to its grid in 2018
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