The US will hold the nation’s first lease auction for commercial-scale floating wind power today. The five deepwater lease tranches in two areas about 25 miles off the California coast have the potential to generate 4.5 GW of electricity, enough to power 1.5 million homes. Global interest in lease sales is strong with 43 companies … Continue reading First US Floating Offshore Wind Auction
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Accelerating sustainable electrification and renewables to ensure growth and energy independence
Our strategic plan for 2023-2025 focuses on sustainable electrification and a strategic repositioning of the Group in six “core” countries. In three years’ time, 75% of the energy generated by Enel will be renewable. Accelerating the transition to renewable sources, in order to protect the climate and reduce the dependence of individual countries on imported … Continue reading Accelerating sustainable electrification and renewables to ensure growth and energy independence
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Iberdrola doubles its investment in R+D+i, to reach 4,000 million euros in 2030
Iberdrola, the private utility that invests the most in R&D worldwide, has invested more than €2 billion in the last ten years. Iberdrola takes another step forward in its commitment to innovation. The company aims to exceed €4 billion of investment in Innovation, Development and Research (R&D&I) activities by 2030. Thus, it will double its … Continue reading Iberdrola doubles its investment in R+D+i, to reach 4,000 million euros in 2030
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IRENA Members Address the Geopolitical Challenges of Energy Transformation
“It is abundantly clear we need to understand the geopolitical implications of the energy transition, so that we can proactively shape its outcomes,” remarked IRENA Director-General Francesco La Camera at the opening of the sixth meeting of the Collaborative Framework on the Geopolitics of Energy Transformation. The virtual meeting was attended by nearly 40 participants … Continue reading IRENA Members Address the Geopolitical Challenges of Energy Transformation
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Rivian Inks Wind Energy PPA with Apex Clean Energy to Power Illinois Manufacturing
Rivian and Apex Clean Energy today announced the signing of a power purchase agreement (PPA) for 50 megawatts (MW) of electricity from the renewable energy company’s proposed Goose Creek Wind farm in Piatt County, Illinois. As Rivian’s first large-scale procurement, the agreement supports the company’s long-term vision of enabling high-impact renewable energy projects that reduce … Continue reading Rivian Inks Wind Energy PPA with Apex Clean Energy to Power Illinois Manufacturing
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Bankable Power Purchase Agreements are an Important Element of Renewables Investments in Caribbean SIDS
Despite economic challenges caused by the pandemic, Small Island Developing States (SIDS) renewable energy capacity keeps growing towards the SIDS Lighthouses target of 10 GW of total installed renewables capacity by 2030. According to the International Renewable Energy Agency (IRENA)’s data, the SIDS currently account for almost 7 GW of installed renewables capacity. The growth reflects … Continue reading Bankable Power Purchase Agreements are an Important Element of Renewables Investments in Caribbean SIDS
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Vietnam boasts substantial potential for wind power, particularly offshore wind
Vi?t Nam boasts substantial potential for wind power, particularly offshore wind power, providing an opportunity for the country to fulfil its energy transition target towards green growth. That was the message heard at a conference held by the Global Wind Energy Council (GWEC) which was wrapped up in Hà N?i on Friday. Vi?t Nam Wind … Continue reading Vietnam boasts substantial potential for wind power, particularly offshore wind
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Vietnam has some of the best wind resources globally. The Power Development Plan 8 (PDP 8), currently in draft form, has targets of 7 GW of offshore wind and 21 GW of onshore wind by 2030. The wind industry is ready and able to deliver on these targets and help Vietnam increase its energy security, … Continue reading Vietnam Wind Power 2022
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IWES and Nordex intensify collaboration in grid integration of wind turbine generators
The increase in electricity generated from renewable energy has a major impact on the electrical grid. Wind turbine generators feed the electricity into the grid via power-electronic converters. Therefore, the validation of the system characteristics and the grid-supporting performance of wind turbines are becoming increasingly important for grid stability. The so-called fault-ride-through capacity of a … Continue reading IWES and Nordex intensify collaboration in grid integration of wind turbine generators
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Solar photovoltaic and concentrated solar power and wind energy production in November
MIBEL eludes the price rises registered in the European markets in November. In November, prices of most European markets were higher than those of October, except for MIBEL, which registered the lowest price since August 2021, including the adjustment price due to the gas cap. In most markets, the increase in wind energy production failed … Continue reading Solar photovoltaic and concentrated solar power and wind energy production in November
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RWE expands its Irish offshore wind energy business with East Celtic acquisition
RWE expands its Irish offshore wind energy business with East Celtic acquisitionNewly acquired Western Power Offshore Developments Ltd adds to RWE renewable development portfolio in Ireland. Acquisition of indicative 900MW development project strengthens RWE’s offshore wind growth in Ireland. East Celtic project consultation expected during 2023. RWE, one of the world’s leading offshore wind companies, … Continue reading RWE expands its Irish offshore wind energy business with East Celtic acquisition
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Wind energy increases its annual contribution to the Spanish economy
In 2021, the wind sector has meant 0.49% of GDP in Spain, has generated employment for more than 32,000 professionals, has allowed companies to export more than 2,000 million euros and saved 2,713 million euros in the importation of fossil fuels. Thanks to the wind, the emission to the atmosphere of 31.7 million tons of … Continue reading Wind energy increases its annual contribution to the Spanish economy
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France launches two new offshore wind tenders
Having just opened its first offshore wind farm (St Nazaire, 480 MW) France has launched tenders for two new ones. They’re bottom-fixed and will have a total capacity of 2.5 GW. The first wind farm will be 35 km off Oléron island in the Atlantic (Nouvelle-Aquitaine). It will have a capacity of about 1 GW. … Continue reading France launches two new offshore wind tenders
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RWE operates wind turbines on a dike
In the Dutch district of Eemshaven, three wind turbines are now running on a sea dike. Innovative installation methods: climbing crane and CSM panels. Oostpolderdijk wind farm highlights new options for utilising dikes. For the first time, wind turbines are now running on a sea dike. In Eemshaven, within the Dutch province of Groningen, RWE … Continue reading RWE operates wind turbines on a dike
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Repowering Europe’s wind farms is a win-win-win
What happens when wind turbines reach the end of their lifetime? WindEurope’s annual “End of Life Issues and Strategies” event (EoLIS2022) showcases the latest trends in repowering, decommissioning, dismantling and recycling of wind turbines. The latest data presented at the event shows the benefits of repowering. It nearly triples the capacity of a wind farm … Continue reading Repowering Europe’s wind farms is a win-win-win
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NextFloat Project launches with the aim to pave the way for competitive and industrial deployment of floating wind
A pan-European project officially launched on November 18th in Paris to accelerate the roll out of the next generation of floating wind technology for a competitive, more scalable and industrial deployment. The ambitious initiative is being led by a consortium of thirteen partners from eight countries including Technip Energies as project coordinator, X1Wind, Naturgy, 2B … Continue reading NextFloat Project launches with the aim to pave the way for competitive and industrial deployment of floating wind
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EU determined to secure its wind energy industrial base
The European Commission is launching “Clean Tech Europe”, a new platform to strengthen its value chains for clean energy. The new Platform aims to advance the key industries that will deliver Europe’s clean and digital transitions. These include wind and solar energy, heat pumps, storage, grids and renewable hydrogen. The European Union is more determined … Continue reading EU determined to secure its wind energy industrial base
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Eolus and Simply Blue Group in partnership to develop four offshore floating wind projects in the Baltic Sea
The joint venture named SeaSapphire, powered by Eolus and Simply Blue Group, is commencing the early development of four commercial scale floating offshore wind parks in The Baltic Sea – two projects in Sweden and two in Finland. Simply Blue Group is an Irish blue economy project developer, developing pioneering projects in floating offshore wind, … Continue reading Eolus and Simply Blue Group in partnership to develop four offshore floating wind projects in the Baltic Sea
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American Clean Power Statement on Inflation Reduction Act Prevailing Wage and Apprenticeship Initial Treasury Guidance
American Clean Power Association (ACP) Interim CEO and Chief Advocacy Officer JC Sandberg issued the following statement after the U.S. Department of Treasury and Internal Revenue Service released initial guidance on implementing the Prevailing Wage and Apprenticeship sections of the Inflation Reduction Act (IRA): “The IRA represents a monumental investment in the nation’s energy transition … Continue reading American Clean Power Statement on Inflation Reduction Act Prevailing Wage and Apprenticeship Initial Treasury Guidance
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Renewable energy financing opens to new options
The range of financing options for renewable energy projects is increasingly wide. The new sources of financing, unlike the traditional Project Finance with a commercial bank, no longer require a PPA and more naturally accept the market price risk of full merchant projects. At the analysis table of the Spanish version of the 27th edition … Continue reading Renewable energy financing opens to new options
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