Enel Green Power is playing a leading role in the development of renewable energy in Morocco, South Africa and eastern Africa, where rapidly-growing economies are stimulating energy demand. Rapid population growth, abundant resources and a growing energy demand are the reasons why many African nations have chosen renewable energy to respond to their needs, … Continue reading The Importance of Africa to Enel Green Power
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Wind energy in Africa: Vestas has received a wind farm order for 365 V52-850 kW wind turbines for the 310 MW Lake Turkana Wind Power project in Kenya
Vestas has received an order for 365 V52-850 kW wind turbines for the 310 MW Lake Turkana Wind Power project in Kenya. The order is the largest in Vestas’ history in terms of number of wind turbines in a single wind farm project. Vestas has received a firm and unconditional order in Kenya for … Continue reading Wind energy in Africa: Vestas has received a wind farm order for 365 V52-850 kW wind turbines for the 310 MW Lake Turkana Wind Power project in Kenya
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Price up carbon and make solid pledges on renewables in early 2015, says wind energy industry
Governments must put a price on carbon emissions and make pledges early next year to move away from fossil fuels and increase the share of renewable energy into the global power mix, according to a signed statement from wind industry players. Wind energy associations, including those from emerging markets such as Brazil, China, South Africa, … Continue reading Price up carbon and make solid pledges on renewables in early 2015, says wind energy industry
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Gamesa enhances its borrowing costs by means of a €750 million syndicated loan
Gamesa, a global technology leader in wind energy, signed a €750 million syndicated loan agreement with a single bullet repayment in December 2019. This agreement, entered into with a syndicate of 15 Spanish and international financial institutions, structures the two existing syndicated loans, which originally matured in June 2016 and June 2018, respectively, into … Continue reading Gamesa enhances its borrowing costs by means of a €750 million syndicated loan
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Wind energy in Brazil: Enel Green Power wind farm projects financed in Bahia, Pernambuco and Rio Grande do Norte
Enel Green Power SpA (“Enel Green Power”), acting through its Brazilian subsidiary Enel Brasil Participações Ltda. (“Enel Brazil”), the controlling holding company of Brazilian subsidiaries of the Enel Green Power Group, and Itaú Unibanco S.A. (“Itaú”), a Brazilian bank, signed a 10-year term loan agreement for over 260 million Brazilian Reais (approximately 100 million US … Continue reading Wind energy in Brazil: Enel Green Power wind farm projects financed in Bahia, Pernambuco and Rio Grande do Norte
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Offshore Wind Energy Installation Vessels Will See Global Market Value Soar to $2.93 Billion
The global market value for offshore wind turbine and foundation installation vessels will increase more than fivefold, from an estimated $0.56 billion in 2014 to approximately $2.93 billion by 2020, representing an impressive Compound Annual Growth Rate (CAGR) of 30%, says research and consulting firm GlobalData. The company’s latest report* states that increasing installations will … Continue reading Offshore Wind Energy Installation Vessels Will See Global Market Value Soar to $2.93 Billion
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Wind energy in Vietnam: Vestas in $2 bln wind power deal
Danish wind turbine manufacturer Vestas Wind Systems has signed a $2-billion agreement with Vietnamese firm Phu Cuong Group to develop a wind farm. Construction will begin early 2016 on a 170-megawatt wind farm in the southern province of Soc Trang, and it will start operating the following year, it reported. The project will be funded … Continue reading Wind energy in Vietnam: Vestas in $2 bln wind power deal
Continue readingWind power leader Vestas sees potential in Vietnam
The world’s leading wind energy company Vestas Wind Systems from Denmark said that it saw huge potential for wind power development in Vietnam and promised to help the country make wind power a sustainable energy solution. We could finance projects with local partners and assist them in the opening phases, said Chris Beaufait, … Continue reading Wind power leader Vestas sees potential in Vietnam
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Wind power do not affect property values
Wind turbine developments have no effect on property values of nearby homes and farms, according to new research from the University of Guelph. Published in a recent issue of the Canadian Journal of Agricultural Economics, the study is believed the first peer-reviewed study on this issue in Canada. The study has received significant media … Continue reading Wind power do not affect property values
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Enel Green Power is developing wind energy, solar power and small hydro in Colombia
Enel Green Power is developing wind, solar and small hydro in Colombia, one of Latin America’s most densely populated and fastest developing countries and one that still lacks both universal access to electricity and a energy system reform Colombia is the third most heavily populated country in Latin America with 47 million inhabitants, and the … Continue reading Enel Green Power is developing wind energy, solar power and small hydro in Colombia
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Global Wind Energy Manufacturing Capacity has Far Surpassed Demand
According to a new report from Navigant Research, while demand in 2014 is projected to be less than 47,000 megawatts (MW), annual wind turbine manufacturing capacity, according to vendor estimates, is likely to exceed 71,000 megawatts MW. A new report from Navigant Research examines the significant forces shaping the global wind power industry’s … Continue reading Global Wind Energy Manufacturing Capacity has Far Surpassed Demand
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Lake Turkana Wind Power gets financial backing
Lake Turkana Wind Power project is expected to start generating power by 2017 after the African Development Bank backed financing to build a transmission line to connect it to the national grid. The wind farm located in Kenya’s remote north will have an installed capacity of 310 megawatts (MW) to help plug a power … Continue reading Lake Turkana Wind Power gets financial backing
Continue readingSudan, UNDP invest in wind energy
Sudan’s Ministry of Water Resources and Electricity and the United Nations Development Programme (UNDP) agreed on the funding of a long-term wind energy project in the country starting next year. Sudan and the UNDP signed the project agreement on Thursday, which will aim to diversify the country’s power sources, limit its reliance on fossil … Continue reading Sudan, UNDP invest in wind energy
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Wind power in Turkey: Nordex awarded contract for 45 MW wind farm
In 2015 Nordex will be building the “Kiyiköy” wind farm close to the town of Saray in the north of the Turkish province of Tekirdag on the Black Sea coast for the Adali Holding. The order entails the delivery and installation of 15 Nordex N117/3000 Generation Delta wind turbines with a hub height of 91 … Continue reading Wind power in Turkey: Nordex awarded contract for 45 MW wind farm
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Vestas calls on the EU leaders to ramp up wind energy in the European Energy Union
Tomorrow, EU energy ministers meet in Brussels to discuss the internal energy market. The first blueprint of an EU Energy Union will be presented in early 2015, with the goal of addressing one of Europe’s key challenges: energy security. Vestas believes that wind energy should be an integral part of an Energy Union on par … Continue reading Vestas calls on the EU leaders to ramp up wind energy in the European Energy Union
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Energy Union must tear down Member State barriers, says EWEA
Europe must tear down the barriers that are hindering the free flow of electricity and drastically increase interconnection to push Member States toward an Energy Union, according to a paper released by the European Wind Energy Association (EWEA). EWEA has today published a position paper that outlines the wind industry’s vision of an Energy Union … Continue reading Energy Union must tear down Member State barriers, says EWEA
Continue readingWind turbines have minimal impact on property values
Wind turbines generally have little effect on the value of nearby properties with possibly isolated exceptions, a recent study of thousands of home and farm sales has found. The surprising findings, published in the Canadian Journal of Agricultural Economics, come amid an already fiery debate over wind farm impacts and appear to contradict widely-held views … Continue reading Wind turbines have minimal impact on property values
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China would need at least 400 GW of hydro power, 500 GW of wind energy and 300 GW of solar power by 2030
China State Grid Corp will spend about 400 billion yuan this year on its electricity networks as the country, which last month reached a deal with the United States to curtail fossil fuels, copes with an unprecedented influx of clean energy and higher demand. Spending would need to be maintained at current levels for … Continue reading China would need at least 400 GW of hydro power, 500 GW of wind energy and 300 GW of solar power by 2030
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India plans 5-fold increase in solar energy and wind power
India is committed to up-scaling its solar energy use by five times from 20,000 MW to 100,000 MW over the next five years. India said Friday it was optimistic the world would reach an agreement to curb climate change, but said its actions would be focused on boosting its renewable power capacity five-fold rather than … Continue reading India plans 5-fold increase in solar energy and wind power
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Wind energy in Uruguay: Abengoa finances wind farm with Gamesa wind turbines
Abengoa secured $90.1 million in project financing for its second wind farm in Uruguay. The loan for the 50-megawatt Talas de Maciel wind power plant in the Flores region will be provided by development lender Corp. Andina de Fomento and Norwegian bank DNB ASA (DNB). Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB), the international company … Continue reading Wind energy in Uruguay: Abengoa finances wind farm with Gamesa wind turbines
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