Pakistan is facing a critical energy crisis and needs to explore avenues within renewable energy to improve its power supply arise. It is also estimated that the country loses up to 3% of its GDP per annum because of power shortages in the country. This was stated by the key speakers at a seminar held … Continue reading Vestas confident of transformation of energy mix in Pakistan in favor of wind energy
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EDP Renewables inaugurates a new wind farm in Poland
The 54 MW wind power facility was started up today. The opening ceremony was attended by EDP Renewables’ local partner in the country, GEO Renewables EDP Renewables, a global leader in the renewable energy sector and the world’s fourth-largest wind energy producer has held the opening ceremony of a new farm in the Polish town of I??a … Continue reading EDP Renewables inaugurates a new wind farm in Poland
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Gamesa, first foreign wind energy OEM to secure financing from a Chinese bank
Chinese bank CMBC has agreed to finance an Abengoa-led wind farm development in Uruguay that will be equipped with Gamesa wind turbines. Gamesa has become the first foreign wind turbine maker with a presence in China to secure financing from a Chinese bank. The company, through the Chinese Export Credit Agency, Sinosure, has reached an … Continue reading Gamesa, first foreign wind energy OEM to secure financing from a Chinese bank
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Greenko commissions wind farm in Karnataka, India
Renewable energy company Greenko has commissioned a 50-MW wind farm at Basvanbagewadi farm in Karnataka, and has begun supplying power to the grid. This is part of Phase-II expansion at the Basvanbagewadi wind farm, which includes 51.2 MW in Phase-I. Along with Mangalore wind farm of 15 MW and Matrix farm of 15 MW, which … Continue reading Greenko commissions wind farm in Karnataka, India
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NRG Yield to buy largest N America wind farm
Terra-Gen Power, LLC (“Terra-Gen”), an affiliate of ArcLight Capital Partners and Global Infrastructure Partners, announced today that it has signed a purchase and sale agreement with NRG Yield for the sale of its 947 megawatt (“MW”) Alta Wind I-V, X & XI, and Realty projects (“Alta Wind“). Terra-Gen expects to close the transaction in the … Continue reading NRG Yield to buy largest N America wind farm
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Vestas’ new strategy for Brazil emphasises investments to meet local wind energy content requirements.
Vestas will refocus efforts on the Brazilian market by implementing a new roadmap for profitable growth in the country. Vestas will invest up to R$ 100m (EUR 32m) in meeting local content requirements, prioritising initiatives that enable us to compete more effectively in the local wind industry. With the purpose of respecting local content requirements … Continue reading Vestas’ new strategy for Brazil emphasises investments to meet local wind energy content requirements.
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Wind Power Fact Sheet
Wind power capacity is an indicator of building a sustainable economy because wind is poised to become the foundation of the new energy economy. With total capacity exceeding 318,000 megawatts, wind farms generate carbon-free electricity in more than 85 countries. Twenty-four countries have at least 1,000 megawatts. The wind power capacity installed worldwide would be … Continue reading Wind Power Fact Sheet
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EDF Energies Nouvelles commissions the most powerful wind farm in Western Canada, of 300 MW
Continuing its development in Canada, EDF Energies Nouvelles is announcing the commissioning of the Blackspring Ridge wind farm by its local subsidiary EDF EN Canada. This facility, which has 300 MW in installed capacity, is now the most powerful in Western Canada. Located close to Lethbridge in Alberta province, the Blackspring Ridge wind farm is … Continue reading EDF Energies Nouvelles commissions the most powerful wind farm in Western Canada, of 300 MW
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Somaliland:President Silanyo Launches the Somalia’s first wind farm
The Hargeisa based Egal International Airport is to start utilizing wind power. This development follows the official launch by the Somaliland president Ahmed Mahmud Silanyo of project funded by the USAID and implemented by the Program for Economic Growth at the Egal Airport in Hargeisa. “I extend my thanks to the donors and implementers of … Continue reading Somaliland:President Silanyo Launches the Somalia’s first wind farm
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Renewable energy provided around 19 per cent of global final energy consumption in 2012
In the power sector, global capacity reached 1,560 gigawatts (GW) in 2013 – an increase of about 8.3 per cent over 2012 – and renewables accounted for more than 56 per cent of net additions to global power capacity. REN21’s Renewables Global Status Report (GSR) offers a comprehensive look at the state of the industry. … Continue reading Renewable energy provided around 19 per cent of global final energy consumption in 2012
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Gamesa arranges a €350 million syndicated financing transaction due 2018
Gamesa arranged a €350 million syndicated financing facility due 2018, which further shores up its financial structure and extends its debt maturity profile. The transaction was structured in the form of a revolving credit facility. The syndicate is made up of 16 Spanish and international financial institutions and the facility is repayable in a single … Continue reading Gamesa arranges a €350 million syndicated financing transaction due 2018
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DTE Energy acquires wind farm
DTE Energy (NYSE: DTE) has purchased one of two Pheasant Run wind parks from a NextEra Energy Resources LLC. (NYSE: NEE) subsidiary. The 75-MW Pheasant Run II wind park in Huron County, Michigan will be renamed the Brookfield Wind Park. The wind farm entered operation earlier this year, however, it will shut down for less … Continue reading DTE Energy acquires wind farm
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Northern Power Systems’ Technology Powers New 3.3MW Wind Turbine
Northern Power Systems Corp. (TSX: NPS), a next-generation renewable energy technology provider, is developing along with its Brazilian partner WEG (IBOVESPA: WEGE3) a new 3.3MW wind turbine. WEG is one of the world’s largest manufacturers of electrical equipment. This new development effort will further complement WEG and Northern Power Systems’ existing portfolio of utility class … Continue reading Northern Power Systems’ Technology Powers New 3.3MW Wind Turbine
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Suzlon wind energy to raise Rs 1,000 cr from non-core asset sales
Wind power maker Suzlon Energy, which is working on its business revival strategy, plans to raise about Rs 1,000 crore from sale of non-core assets this financial year. Besides, Suzlon is exploring new markets for business opportunities, according to a top company official. “We continue to work on selling non-core assets. We expect to raise … Continue reading Suzlon wind energy to raise Rs 1,000 cr from non-core asset sales
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Wind power slowly picks up speed in Finland
Finland lags behind its European peers in its efforts to develop wind energy resources. However after a slow start, the wind-powered renewable sector is slowly beginning to gather speed. Finland is now trying to catch up to wind power pioneers such as Britain, Denmark, Spain and Germany, countries where wind power accounts for a growing … Continue reading Wind power slowly picks up speed in Finland
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Over 500 MW of wind turbines capacity in Morocco
Energy subsidiary of the Morocco’s national investment company (SNI), Nareva now operates four wind farms with a capacity of over 500 MW. The latest of these is the Tarfaya wind farm which went into service in 2014. Created in 2005, the holding group has seen the liberalisation of the renewable energy space within the scope … Continue reading Over 500 MW of wind turbines capacity in Morocco
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Largest investment in wind energy in Western Canada
EDF EN Canada Inc., a subsidiary of EDF Energies Nouvelles, and Enbridge Inc. (TSX:ENB) (NYSE:ENB) announced today that the 300 megawatt (MW) Blackspring Ridge Wind Project declared commercial operation on May 12, 2014. The Blackspring Ridge Project, located in Vulcan County, Alberta (50 km north of Lethbridge), started construction in May 2013 and is comprised … Continue reading Largest investment in wind energy in Western Canada
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Peru is focusing on solar power, wind energy, biomass and geothermal energy
The Latin American country is focusing on solar, wind, biomass and geothermal power to help its economy grow further while also providing energy to the 3.5 million people who still lack access to electricity. Enel Green Power’s growth in Brazil and Chile is well known, but the whole of Latin America is beginning to … Continue reading Peru is focusing on solar power, wind energy, biomass and geothermal energy
Continue readingVestas reaffirms position as global wind power pioneer with 53 MW wind farm in Guatemala
Vestas has signed an order for 16 V112-3.3 MW wind turbines for the San Antonio wind power plant in the department of Guatemala, Republic of Guatemala. Once complete, the project will become the very first wind power plant in the country, showcasing Vestas’ ambitions as wind power pioneers to develop new markets and grow together … Continue reading Vestas reaffirms position as global wind power pioneer with 53 MW wind farm in Guatemala
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Acciona Windpower creates 400 jobs in a concrete tower production plan for wind turbines in Brazil
Río Grande do Norte State Governor Rosalba Ciarlini visited the facility, which will supply more than one hundred 120-meter-high towers for wind power farms developed by Voltalia. ACCIONA Windpower has created 400 jobs in its concrete tower production plant for wind turbines located in Areia Branca (Brasil), as confirmed in the visit to the … Continue reading Acciona Windpower creates 400 jobs in a concrete tower production plan for wind turbines in Brazil
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