Pattern Energy Group Inc. (NASDAQ and TSX: PEGI) (“Pattern Energy” or the “Company”) today announced it has entered into an agreement for the sale of the Company’s 90 megawatt (“MW”) minority owned interest in the K2 Wind power facility (“K2”) in Ontario for a purchase price of CAD$216.0 (US$166.0 million1), to a consortium of investors … Continue reading Pattern Energy Enters Agreement to Sell K2 Wind Farm
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France mulls launch of 750 MW offshore wind turbines tender
The French energy ministry is close to launching a 750 MW tender for offshore wind power off the coastline of the northern city of Dunkirk, people familiar with the matter said this week. However, the launch of the tender was dependent on the unveiling of France’s energy roadmap – detailing policy to 2028 – due … Continue reading France mulls launch of 750 MW offshore wind turbines tender
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IFC Supports New Wind Power Plant in Jordan
IFC, a member of the World Bank Group, has arranged a pioneering financing package of up to $80 million to fund the construction of a new wind power plant in Jordan, near the town of Tafila, the latest in a series of efforts to boost renewable energy development in the country. The 51.75-megawatt Abour Wind … Continue reading IFC Supports New Wind Power Plant in Jordan
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Getting wind energy in Turkey back on track
The ongoing Turkish financial and economic crisis has negatively impacted Turkey’s previously flourishing domestic wind energy market. The Turkish lira has fallen in value and this has curtailed the growth of Turkish wind energy. Dickson told participants that getting Turkey’s wind energy market back on track will require several steps. It is crucial, as soon as … Continue reading Getting wind energy in Turkey back on track
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Second Sulawesi wind farm project near completion
Following President Joko “Jokowi” Widodo’s inauguration of the 100-hectare Sidrap Wind Farm in Sindereng Rappang regency, South Sulawesi, a second wind farm in the province’s Jeneponto regency is 97 percent complete. President Joko “Jokowi” Widodo inaugurates the Sidrap Wind Farm on July 2 in Sindereng Rappang regency, South Sulawesi. A second wind farm in the province is expected to … Continue reading Second Sulawesi wind farm project near completion
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Turkey opens tender for four wind power plants
Turkey’s Ministry of Energy and Natural Resources opened a tender to build four wind energy plants with a total capacity of 1,000 megawatts, a statement on the country’s Official Gazette showed on Wednesday. The tender will begin with a ceiling price of $0.055 per kilowatt hour, the statement showed, adding the government would purchase energy … Continue reading Turkey opens tender for four wind power plants
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Germany to cooperate & support Vietnam in development of wind energy
At the event, German Consul General to Ho Chi Minh City Mr. Andreas Siegel highlighted the potential for renewable energy including wind energy of Vietnam. According to participants, Vietnam boasts favourable conditions to develop renewable energy, including wind energy. Under a draft national renewable energy development plan of the Energy Institute of the Ministry of … Continue reading Germany to cooperate & support Vietnam in development of wind energy
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Vestas Interim financial report third quarter 2018
Revenue on par with last year’s third quarter while earnings and free cash flow decreased. Solid order intake and combined order backlog at high level. Guidance for 2018 is unchanged for revenue and EBIT margin before special items while it has been updated for total investments* and free cash flow*. In the third quarter of … Continue reading Vestas Interim financial report third quarter 2018
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WWEC2018 Programme Published: Meet 100 Speakers from around the World, Top Government Representatives
The forthcoming 18th World Wind Energy Conference & Exhibition will become the first international wind energy event of its kind ever held in Pakistan. Leading experts from around the world are expected to attend WWEC2018, amongst them top wind and renewable energy experts from all over the world – from governments, industry, science, and international organizations. The importance … Continue reading WWEC2018 Programme Published: Meet 100 Speakers from around the World, Top Government Representatives
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Wind power generation increases in Azerbaijan
Hydrocarbons, which are the traditional source of energy used by the world for many years, are gradually being run out and, thus, make the use of alternative and renewable energy sources urgent. This includes energy from water, wind, sun, biological waste resources, or even sea waves, with the help of certain facilities. The advantage of … Continue reading Wind power generation increases in Azerbaijan
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Commercial commissioning of the Inter Deux Bos wind farm in France
Boralex Inc. (“Boralex” or the “Corporation”) (TSX: BLX) is pleased to announce the commercial commissioning of the Inter Deux Bos wind farm located in the Pas-de-Calais department, France. “The commissioning of Inter Deux Bos enhances Boralex’s presence in France and favourably positions the Corporation to enjoy increased operational synergies in the future,” stated Patrick Lemaire, … Continue reading Commercial commissioning of the Inter Deux Bos wind farm in France
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National lab report confirms wind energy contributions to a reliable power system
There is an all too common misconception among policy makers, regulators, and power market participants that wind energy isn’t reliable, and that turbines can’t provide essential grid reliability services. In reality, wind turbines can provide many of the services needed for reliable grid operations, including voltage and reactive power control, frequency response, active power control, … Continue reading National lab report confirms wind energy contributions to a reliable power system
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Siemens Gamesa reaches net income of €70 million on revenue of €9.1 billion in wind energy
Siemens Gamesa Renewable Energy today released its results for FY 2018 (October-September) and the fourth quarter (July-September). In the full year, ended September 30, 2018, revenue amounted to €9,122 million, while EBIT pre-PPA, restructuring and integration costs was €693 million with an EBIT margin at 7.6%, The EBIT margin is impacted by double-digit price … Continue reading Siemens Gamesa reaches net income of €70 million on revenue of €9.1 billion in wind energy
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Kazakh government will allocate 1 GW of renewable energy generation capacity, including 620 MW of wind power
Kazakhstan announced its plan to make maximum use of renewable energy sources. Overall, new auctions launched by the Kazakh government will allocate 1 GW of renewable energy generation capacity, including 620 MW of wind power plants. Trenders are open to all parties, regardless of their citizenship and nationality. In this May, Sky Power and The … Continue reading Kazakh government will allocate 1 GW of renewable energy generation capacity, including 620 MW of wind power
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Africa receives funds to develop wind energy
Funds have been provided by International Finance Corporation (IFC) which partnered with Gaia Energy to develop wind energy projects in Africa. IFC head of InfraVentures for Sub-Saharan Africa David Donaldson confirmed the reports and said wind energy and renewable energy in general are priority areas identified in the World Bank Group’s strategy. IFC and Gaia … Continue reading Africa receives funds to develop wind energy
Continue readingSiemens Gamesa’s Indian wind farm installations cross 5.5-GW mark
The Indian subsidiary of the global wind power major, Siemens Gamesa, has achieved a milestone of crossing 5,500 MW of installed capacity in India with its recent winnings of two orders for its wind turbines from the renewable energy company, ReNew Power. Siemens Gamesa’s factory near Chennai will be busy making 48 wind farm wind … Continue reading Siemens Gamesa’s Indian wind farm installations cross 5.5-GW mark
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Poland shifts on wind power ahead of climate meeting
Restrictive legislation introduced by Poland’s right-wing government in 2016 threw a spanner into the works for onshore wind energy, but the easing of some measures now promises to get the sector spinning. The change comes ahead of the COP24 World Climate Conference that opens December 2 in the southern Polish city of Katowice, a coal … Continue reading Poland shifts on wind power ahead of climate meeting
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Germany reaches political agreement on additional onshore wind energy
This week the German government reached a political agreement on an additional 4 GW of onshore wind power by 2021. The agreement will see Germany auction an additional onshore wind turbines capacity of 1 GW (in 2019), 1.4 GW (in 2020) and 1.6 GW (in 2021) over and above the 2.8 GW pa which … Continue reading Germany reaches political agreement on additional onshore wind energy
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Virginia regulators green light offshore wind farm project
Virginia state regulators have begrudgingly approved a proposed offshore wind pilot program they say is expensive, risky and unneeded to provide reliable electricity. The State Corporation Commission issued a ruling Friday allowing Dominion Energy to proceed with building two wind turbines about 27 miles off the coast of Virginia Beach. The commission says the proposal … Continue reading Virginia regulators green light offshore wind farm project
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Pakistan hosting Wold Wind Energy Conference(WWEC) 2018
Since its inception, Pakistan has played a dynamic role on the world stage and is now due to host the 7th World Wind Energy Conference (WWEC) on the 28th and 29th of November in Karachi. More than 20 countries including Germany, Eqypt, Japan and Canada are set to participate in the prestigious conference that was … Continue reading Pakistan hosting Wold Wind Energy Conference(WWEC) 2018
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