In the third week of September, European electricity markets prices fell compared to the previous week. The decline was due to lower demand and a significant increase in wind energy production in several markets, which offset the increase in gas and CO2 prices. On September 25 TTF gas futures reached their highest level since early … Continue reading Lower prices in European electricity markets thanks to increased wind energy production
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Iberdrola exceeds 420 MW of wind power in Greece with the commissioning of the Askio II and Rokani wind farms
Iberdrola has commissioned the 37.8-megawatt (MW) Askio II wind farm in Greece. Located in the provinces of Kozani and Eordaia, in the West Macedonia region of Greece, it joins the 50.4 MW Askio III project in full operation, which was completed in 2022. Total investment in both projects was close to € 100 million. Askio … Continue reading Iberdrola exceeds 420 MW of wind power in Greece with the commissioning of the Askio II and Rokani wind farms
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Ørsted secures solar and wind energy contracts under Irish RESS 3 auction
Ørsted has secured two contracts in the Irish Government’s third onshore Renewable Electricity Support Scheme (RESS 3) auction. The approved Ørsted projects were the 81 MW Garreenleen Solar Farm in Carlow, and the 43.2 MW Farranrory Onshore Wind Farm in Tipperary. Commenting on the provisional results of the RESS 3 auction, Kieran?White, Senior Vice President … Continue reading Ørsted secures solar and wind energy contracts under Irish RESS 3 auction
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Dominion Energy advances Coastal Virginia Offshore Wind Power project
Dominion Energy’s Coastal Virginia Offshore Wind (CVOW) commercial project reached a regulatory milestone as the Bureau of Ocean Energy Management announced it has completed its environmental analysis of the 2.6 GW project planned off the Virginia Beach coast. The final Environmental Impact Statement (EIS) reflects feedback from Tribal Nations, ocean users, local communities, the offshore … Continue reading Dominion Energy advances Coastal Virginia Offshore Wind Power project
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Projects Could Power 18 Million American Homes With Offshore Wind Energy
he U.S. offshore wind energy project development and operational pipeline reached a potential generating capacity of 52,687 megawatts (MW) at the end of May 2023, according to a National Renewable Energy Laboratory (NREL) analysis recently released in the Offshore Wind Market Report: 2023 Edition. If fully developed, these projects would be enough to power more … Continue reading Projects Could Power 18 Million American Homes With Offshore Wind Energy
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Iberdrola Commissions Askio 2 Wind Farm and Rokani Wind Farm in Greece
Iberdrola, a leading renewable energy company, has recently commissioned the Askio 2 wind farm in Greece. This new facility, located in the provinces of Kozani and Eordaia in the Western Macedonia region, adds to the already operational Askio 3 project. Together, these projects represent a total investment of almost 100 million euros. The Askio 2 … Continue reading Iberdrola Commissions Askio 2 Wind Farm and Rokani Wind Farm in Greece
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The path to limiting global warming to 1.5 °C has narrowed, but clean energy growth is keeping it open
Driving greenhouse gas emissions from the world’s energy sector to net zero and limiting global warming to 1.5 °C remains possible due to the record growth of key clean energy technologies, though momentum needs to increase rapidly in many areas, according to a new edition of the IEA’s landmark Net Zero Roadmap. The new Roadmapsets out … Continue reading The path to limiting global warming to 1.5 °C has narrowed, but clean energy growth is keeping it open
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$12 trillion to be spent on renewables and grid infrastructure in the U.S and Canada by 2050
New York, Sept. 25, 2023 – Federal and household spending on energy in the U.S. and Canada will drop sharply as the two countries reduce their reliance on fossil fuels, according to DNV’s Energy Transition Outlook North America. The new report explores the most likely energy future of the U.S and Canada to the middle of … Continue reading $12 trillion to be spent on renewables and grid infrastructure in the U.S and Canada by 2050
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Nordex receives an order from Romania for 30 MW of wind power
Nordex has received an order from Romania for the supply and installation of five N149/5.X wind turbines. The contract also includes a premium service contract for the maintenance of the wind turbines for 20 years. The client name and project name have been withheld at the client’s request. The wind farm is being built in … Continue reading Nordex receives an order from Romania for 30 MW of wind power
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Vestas secures order for 136 MW EnVentus wind turbines in Canada
Vestas has received a 136 MW order for an undisclosed wind farm owned in Canada. The order consists of 22 V162-6.2 MW wind turbines. The order includes the supply, delivery and commissioning of the wind turbines, as well as a multi-year Active Output Management 5000 (AOM 5000) service agreement, designed to ensure optimized performance of … Continue reading Vestas secures order for 136 MW EnVentus wind turbines in Canada
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ACP Statement on Regulatory Approval for Coastal Virginia Offshore Wind Project
The American Clean Power Association (ACP) released the following statement today from Josh Kaplowitz, Vice President for Offshore Wind, after the U.S. Bureau of Ocean Energy Management (BOEM) announced the availability of the final Environmental Impact Statement (FEIS) for the Coastal Virginia Offshore Wind (CVOW) project operated by Dominion Energy. This is the final step … Continue reading ACP Statement on Regulatory Approval for Coastal Virginia Offshore Wind Project
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Cubico acquires 121MW of wind power and solar in Uruguay
Cubico acquired 121MW of wind and solar projects in Uruguay from Brookfield for an unspecified amount.The renewable energy investor said he completed the acquisition of the 52 MW Carape I and 43 MW Carape II wind farms in Maldonado; and the 26MW Alto Cielo photovoltaic solar plant in Artigas.The latest agreement increases Cubico’s renewable energy … Continue reading Cubico acquires 121MW of wind power and solar in Uruguay
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Integrated Renewables Strategy Will Deliver Bosnia and Herzegovina’s Energy Security, Prosperity
Despite being a net electricity exporter, Bosnia and Herzegovina (BiH) bears the heavy cost of air pollution and health impacts due to the dominance of fossil fuels in its current energy mix. The Renewables Readiness Assessment: Bosnia and Herzegovina finds that integrated short- and long-term strategies that aim to increase the share of diverse renewables … Continue reading Integrated Renewables Strategy Will Deliver Bosnia and Herzegovina’s Energy Security, Prosperity
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Security, jobs and autonomy – why we need our wind turbines to be made in Europe
On 14 September WindEurope CEO Giles Dickson spoke at the RES Serbia conference where he addressed Serbia’s trajectory towards building more wind energy. Crucially he addressed the need to use European-made technology. Chinese manufacturers are starting to win more and more orders – mainly in the Balkans right now. Serbia recently organised its first wind … Continue reading Security, jobs and autonomy – why we need our wind turbines to be made in Europe
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U.S. Grid-Scale Energy Storage Installations Set New Record in Q2 2023
Across all segments of the industry, the U.S. energy storage market added 5,597 megawatt hours (MWh) in the second quarter of 2023, a new quarterly record. The grid-scale segment led the way with a record-breaking 5,109 MWh in Q2, beating the previous record in Q4 2021 by 5%, according to a new report released today. … Continue reading U.S. Grid-Scale Energy Storage Installations Set New Record in Q2 2023
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Exploring the Feasibility of Offshore Wind Power Generation in New Zealand
Renewable energy specialist Copenhagen Offshore Partners (COP) has partnered with NZ Super to investigate the viability of offshore wind power generation in New Zealand. In addition to the initial focus on South Taranaki, COP is now extending its research to include the Waikato coast. Offshore wind power has emerged as a significant renewable energy source … Continue reading Exploring the Feasibility of Offshore Wind Power Generation in New Zealand
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Biden-Harris Administration Announces $325 Million For Long-Duration Energy Storage Projects to Increase Grid Resilience and Protect America’s Communities
As part of President Biden’s Investing in America agenda, a key pillar of Bidenomics, the U.S. Department of Energy (DOE) today announced up to $325 million for 15 projects across 17 states and one tribal nation to accelerate the development of long-duration energy storage (LDES) technologies. Funded by President Biden’s Bipartisan Infrastructure Law, these demonstration … Continue reading Biden-Harris Administration Announces $325 Million For Long-Duration Energy Storage Projects to Increase Grid Resilience and Protect America’s Communities
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Northland Power Announces Financial Close of the 1.1 GW Baltic Power Offshore Wind Project in Poland Green Financing
Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI), today announced that its Baltic Power offshore wind project (“Baltic Power” or the “project”) in Poland has met all conditions and reached financial close for its 20-year CAD-equivalent $5.2 billion non-recourse green financing. A consortium of 25 financial institutions is supporting the project, including the European … Continue reading Northland Power Announces Financial Close of the 1.1 GW Baltic Power Offshore Wind Project in Poland Green Financing
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Technological advances unlock 80% more wind energy potential in the United States
Wind turbines have been increasing in tower (or hub) height (from 30 meters [m] to 90 m) and rotor diameter (from 30 m to 125 m) from the 1990s to the 2020s, with power capacity also growing from 0.2 megawatts (MW) to 3 MW. Near-commercial innovations can produce turbines with tip heights taller than the … Continue reading Technological advances unlock 80% more wind energy potential in the United States
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Spain brings solar PPA to lead Europe
PPA are booming as a tool in the energy transition. PPA allow renewable energy producers to guarantee the long?term sale of their production, facilitating financing. In turn, consumers ensure a supply at agreed prices, avoiding market volatility and demonstrating their commitment to the environment. Spain has brought solar PPA to lead in Europe. AleaGreen facilitates … Continue reading Spain brings solar PPA to lead Europe
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