The Pune-based company was on a leveraged expansion spree when the global markets were good and used to draw close to around 60 per cent income from outside. But the global financial crisis of 2008 choked investment into green energy space crippling the wind energy space. Having gone through a debt restructuring, the Tulsi Tanti-founded … Continue reading Suzlon wants to test overseas wind power markets again:
Continue readingCategory Archives: Evwind
Brookstone to Build Wind Farm in Morocco
Brookstone Partners, a New York-based private equity firm, has announced plans to construct 900 megawatt (MW) wind farm near Dakhla – a disputed territory presently administered by Morocco. Brookstone founded ‘Soluna’ – the site that will house the proposed wind farm – after acquiring rights to the land from Altus AG. The company hopes to … Continue reading Brookstone to Build Wind Farm in Morocco
Continue reading
AWEA Wind Energy Resource Assessment Conference: Finding the windiest sites
How much energy a wind farm is going to produce is the single biggest driver of wind farm economics. Accurate assessment is a critical factor in developing successful wind projects and has a direct impact on which projects are financed and constructed and which are not. The AWEA Wind Resource & Project Energy Assessment Conference in … Continue reading AWEA Wind Energy Resource Assessment Conference: Finding the windiest sites
Continue reading
Acciona net profit up to €186 million (+132.1%)
Ordinary net profit, excluding capital gains on the sale of Concentrated Solar Power (CSP) plants in Spain and of Trasmediterranea, amounted to €100 million (+25.6%). ACCIONA obtained €186 million in attributable net profit in the first half of 2018 (+132.1% year-on-year) due both to business growth and to the capital gains on the divestment of … Continue reading Acciona net profit up to €186 million (+132.1%)
Continue reading
NextEra Energy Resources, OPPD, break ground on the Sholes Wind Energy Center in Nebraska
State and local leaders and landowners joined executives from NextEra Energy Resources, a subsidiary of NextEra Energy, Inc. (NYSE: NEE), and Omaha Power Public District (OPPD) to break ground on Nebraska’s newest renewable energy project – the Sholes Wind Energy Center. The project will create hundreds of construction jobs as well as millions of dollars … Continue reading NextEra Energy Resources, OPPD, break ground on the Sholes Wind Energy Center in Nebraska
Continue reading
German Onshore wind energy – Policy action needed now to achieve German and European climate targets
Following the record expansion year 2017 for onshore wind energy in Germany, new installations are declining in 2018 as expected. The figures collected by Deutsche WindGuard show a gross increase of 1,626 MW or 497 onshore turbines in the first semester of 2018; the net increase amounted to 1,505 MW. This corresponds to a 29 … Continue reading German Onshore wind energy – Policy action needed now to achieve German and European climate targets
Continue reading
Sandia National Laboratories: 40 years of concentrated solar power research
From testing space shuttle tiles to making electricity from sunlight, the world’s first multimegawatt solar tower has contributed to energy research, space exploration, defense testing and solar energy commercialization since it was commissioned at Sandia National Laboratories in July 1978. In 1978, Sandia National Laboratories began concentrating solar power research at the newly constructed National … Continue reading Sandia National Laboratories: 40 years of concentrated solar power research
Continue reading
U.S. wind energy surpass 90 GW with strong demand from Fortune 500 brands and utilities
A record amount of wind energy capacity is now under construction at wind farms across America, according to second quarter results released today by the American Wind Energy Association (AWEA). Strong demand for low-cost wind power from utilities and other buyers, including major corporations like AT&T and Walmart this quarter, continues to drive the industry’s … Continue reading U.S. wind energy surpass 90 GW with strong demand from Fortune 500 brands and utilities
Continue reading
Siemens Gamesa net profit continues to recover, reaching €45 million, with a record backlog of €23,226 million
Siemens Gamesa Renewable Energy released its results for the first nine months (October-June) and the third quarter (April-June) of fiscal year 2018 today. The company’s financial performance in the third quarter and the first nine months of FY2018 was in line with the fiscal year 2018 guidance (revenues of €9,000-9,600 million and EBIT margin of … Continue reading Siemens Gamesa net profit continues to recover, reaching €45 million, with a record backlog of €23,226 million
Continue reading
Virginia pushes to attract offshore wind power
Virginia currently doesn’t have any offshore wind turbines. Dominion Energy is working on two offshore wind turbines that are part of a pilot program the state’s largest utility says could eventually lead to the development of a much larger wind farm. Virginia has picked a consultant to help boost its chances of becoming the east … Continue reading Virginia pushes to attract offshore wind power
Continue reading
Europe adds 4.5 GW of wind energy in first half of 2018
There was 3.3 GW of onshore wind, driven by Germany (1.6 GW), France (605 MW) and Denmark (202 MW). The 1.1 GW of offshore wind was mainly in the UK (911 MW), Belgium (175 MW) and Denmark (28 MW). Germany is set to install new offshore wind in the second half of the year. … Continue reading Europe adds 4.5 GW of wind energy in first half of 2018
Continue reading
China boasts of building Africa’s second largest wind farm in Ethiopia
With Xi Jinping visiting Africa this week, China’s state media has been trumpeting projects on the continent which Chinese firms have helped to build. One of which is a massive wind farm in Ethiopia with more than one-hundred 70-meter-tall turbines that have a total capacity of 153MW. The project, which was completed in 2016 by … Continue reading China boasts of building Africa’s second largest wind farm in Ethiopia
Continue reading
Saudi Arabia receives four bids for wind farm
Saudi Arabia has received bids from four consortiums competing to build a $500 million Saudi wind farm project, officials said Wednesday, as the world’s top oil exporter pushes to diversify its energy sector. France’s EDF Energies Nouvelles placed the lowest bid for the 400-megawatt Dumat al-Jandal wind project in the northern Al Jouf province, while … Continue reading Saudi Arabia receives four bids for wind farm
Continue reading
Nigeria: ‘We can power entire South East, others with wind energy’
In this interview with CHUKS EZE, who visited his workshop in Enugu, Omeh reveals that his company has carried out a successful research and development of wind turbine as a source of alternative energy, adding that it is currently seeking cooperation, partnership and patronage from government, organisations and well-to-do individuals in order to commercialise the … Continue reading Nigeria: ‘We can power entire South East, others with wind energy’
Continue reading
Current status of concentrated solar power (CSP) globally
According to CSP Today Global Tracker, October 3, 2016, of the 17 commercial-scale projects that are currently being built in the world, 15 include TES (Thermal Storage Systems). It is estimated that some 13 GWh of thermal energy storage (TES), based almost exclusively on molten salts, was operational in relation to the CSP plants … Continue reading Current status of concentrated solar power (CSP) globally
Continue readingSaudi Arabia to award first wind power project in December 2018
Acwa Power of Saudi Arabia, France’s EDF Energies Nouvelles, Italy’s Enel Green Power and France’s Engie are the four pre-qualified companies who submitted their bids earlier this year, which remained sealed until the opening ceremony in the kingdom on Monday, Repdo said. The submitted bids range was between 7.99 and 12.71 halalas per kilowatt hour … Continue reading Saudi Arabia to award first wind power project in December 2018
Continue reading
Egypt inaugurates the largest wind farm in the Middle East
Egypt”s Ministry of Electricity announced that preparations have been completed to inaugurate the largest wind power plant in the Middle East. The modern facility required a budget of 12 billion Egyptian pounds (about 670 million dollars) for its construction and is located in the Jabal al-Zeit area in the east of the country. It consists … Continue reading Egypt inaugurates the largest wind farm in the Middle East
Continue reading
UK offshore wind energy to double by 2030
Britain’s offshore wind capacity is set to double over the next decade, driven by a government strategy forcing turbine operators to bid for financial support in auctions. Plummeting costs have made wind an increasingly affordable source of clean energy in recent years. By 2030, between a fifth and a third of the UK’s electricity is … Continue reading UK offshore wind energy to double by 2030
Continue reading
Taiwan Offshore Wind Energy Summit 2018
For 2nd TOWES 2018, we are dedicated to building a networking and match-making platform for all concerned industrial players to share knowledge and to exchange business contacts in this emerging market. What TOWES 2018 can provide is not only the topical sessions to deeply understand the market intelligence, but also to get connected with key … Continue reading Taiwan Offshore Wind Energy Summit 2018
Continue reading
ALE showcases wind power installation expertise in Argentina
ALE has demonstrated its multi-service and wind-specific capabilities whilst performing the electro-mechanical installation for the Garayalde wind farm project, Argentina. The global heavylifting contractor was contracted to perform the electro-mechanical installation of seven wind turbine generators (WTGs). Commencing in January, the components were received at Puerto Madryn. Once on-site 260km away, ALE worked with the … Continue reading ALE showcases wind power installation expertise in Argentina
Continue reading
