Earlier this week, on March 2, Spain’s wind energy production set the 2020 record so far with 366 GWh. The increase in wind power production led to the fall in MIBEL market prices, which has been positioned since that day with the second lowest price in Europe, something that is usually unusual. In the rest … Continue reading Record of wind power production in Spain in 2020 lowered prices in the MIBEL market
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Navarra declares three renewable interest projects for wind energy and photovoltaic
Navarra declares three renewable interest projects for wind power and photovoltaic energy.The Government of Navarra has adapted three agreements that declare three business projects related to wind farms and photovoltaic solar plants, promoted by the companies Enerfin, Nordex and Suno, as foral interest investments.The three projects fall under the strategic area ‘Renewable energies and resources’ … Continue reading Navarra declares three renewable interest projects for wind energy and photovoltaic
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Wind energy in Uzbekistan, ACWA Power to build 1GW wind farm
The Ministry of Energy of Uzbekistan has signed a deal with ACWA Power worth potentially over $1bn for a wind farm with capacity of up to 1GW. The agreement is valued at between $550m and $1.1bn for a wind power project of 500 MW to 1GW. The wind energy deal is part of a clutch … Continue reading Wind energy in Uzbekistan, ACWA Power to build 1GW wind farm
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Wind energy in Serbia, the largest wind farm in Europe
Residents of the village of Cantavir, near Subotica, have signed most of the land lease agreements for the construction of the largest wind farm in Europe. The value of the wind farm to be built near Cantavir is 700 million euro. The wind power plant, once built, should provide enough electricity to supply half of … Continue reading Wind energy in Serbia, the largest wind farm in Europe
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IRENA Invites Renewable Energy Developers to Register Projects on Investment Platform
A landmark initiative launched by a coalition of intergovernmental partners during the UN Climate Action Summit in September 2019, has now entered an operational phase. The International Renewable Energy Agency’s (IRENA) contribution to the Climate Investment Platform, developed in response to country needs to mobilize low-carbon, climate-resilient investments, now calls renewable energy project developers to … Continue reading IRENA Invites Renewable Energy Developers to Register Projects on Investment Platform
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Wind power in Moldova, Energo Continent to develop 180 MW wind farm
Energo Continent, controlled by Romanian investors, will develop a 180 MW wind farm in the southern part of the Republic of Moldova. The investors claim that their wind energy project will be able to cover 15% of the electricity demand in the country. The wind turbines project is not new but the Romanian investors approached … Continue reading Wind power in Moldova, Energo Continent to develop 180 MW wind farm
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Juver chooses Iberdrola to manufacture all its juices with solar and wind energy energy
Iberdrola will supply 22 GWh of electricity from solar and wind power, free of CO2 emissions. Iberdrola and Juver Food add in their decarbonization strategies, upon reaching an energy purchase and sale agreement, which will allow the manufacturing company to prepare all its juices with energy from 100% renewable generation sources and, therefore, free of … Continue reading Juver chooses Iberdrola to manufacture all its juices with solar and wind energy energy
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The Climate Law is encouraging but the energy transition needs to accelerate to deliver climate neutrality by 2050
Today the European Commission proposed a ‘Climate Law’ enshrining in legislation the goal of achieving climate neutrality by 2050. The proposal is an important step in the right direction. The draft law also explicitly mentions a more ambitious greenhouse gas emissions reduction target of 50 to 55% by 2030 to be proposed by September. And … Continue reading The Climate Law is encouraging but the energy transition needs to accelerate to deliver climate neutrality by 2050
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Siemens Gamesa secures preferred supplier status for 1.1 GW offshore wind energy in Germany
Ørsted conditionally selects Siemens Gamesa to supply 900 MW Borkum Riffgrund 3 and 242 MW Gode Wind 3 offshore wind power plants in the German North Sea, SG 11.0-200 DD offshore wind turbine to be employed featuring rotor with 200-meter diameter and new B97 blades. Approx 1.2 million German households to be served by projects; … Continue reading Siemens Gamesa secures preferred supplier status for 1.1 GW offshore wind energy in Germany
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Public tenders have driven 80% of wind energy capacity in Latin America and the Caribbean
The Latin American Energy Organization (OLADE) and the Global Wind Energy Council (GWEC) have published a joint report Competitive Processes for Financing Renewable Energy Projects. The report provides a comprehensive overview and analysis of financing frameworks such as auctions and Power Purchase Agreements (PPAs) in key wind power markets in Latin America and the Caribbean … Continue reading Public tenders have driven 80% of wind energy capacity in Latin America and the Caribbean
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Wind power in Cambodia, first wind farm project
The Cambodian government is looking to sign a deal with French-owned Blue Circle to develop a wind farm project by June. The Mines and Energy Ministry’s General Department of Energy said the state-run electricity supplier, Electricite du Cambodge (EdC), was in negotiation with the firm. “Both sides expect to sign an agreement soon. I expect … Continue reading Wind power in Cambodia, first wind farm project
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Wind energy in China, Vestas’ V155-3.3 MW wind turbines for a wind farm
The global demand for sustainable energy solutions optimised for low and ultra-low wind conditions continues to grow as renewable technology improves in efficiency, making more sites viable for wind energy. This trend is especially prominent in the world’s largest wind energy market, China, where the wind power industry at the same time is facing an … Continue reading Wind energy in China, Vestas’ V155-3.3 MW wind turbines for a wind farm
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New battery storage facility in Sweden increases grid capacity
Vattenfall, Boliden and Landskrona Energi, with the support of the Swedish Energy Agency, are conducting a two-year research project and investing in a new battery storage facility in Landskrona. The new scope of the project is to develop a battery storage facility that can combine reduced electricity costs for the customer with flexible grid … Continue reading New battery storage facility in Sweden increases grid capacity
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Namibia to construct 4 wind power plants
Namibia has approved the construction of four wind power plants in the Tsau Khaeb (Sperrgebiet) National Park in the country’s coastal town Luderitz. Ministry of Environment and Tourism executive director Teofilus Nghitila said the wind power plants are expected to generate 100 megawatts of electricity. “It will enable Namibia to meet its goals under National … Continue reading Namibia to construct 4 wind power plants
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Wind energy in Russia, NovaWind JSC has completed the 150MW Adygea wind farm
NovaWind has completed the 150 MW Adygea wind farm in Russia. The wind power project comprises 60 Lagerwey L100 2.5MW wind turbines, of which 65% of the components were produced locally. The first 32.5 MW phase featuring 13 wind turbines was finished in December last year. Adygea is the first completed wind farm by NovaWind … Continue reading Wind energy in Russia, NovaWind JSC has completed the 150MW Adygea wind farm
Continue readingFinancing the Global Energy Transformation: Green Bonds
Despite the positive renewable energy investment trends over the past decade, annual investments in renewable energy power alone need to double until 2050 to meet climate goals. To allocate enough capital to drive the world’s transition to a low-carbon economy, a set of financial solutions need to be developed and taken advantage of by policymakers, … Continue reading Financing the Global Energy Transformation: Green Bonds
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Wind energy in Japan, MHI Vestas wind turbines for Akita Noshiro Offshore wind farm
Akita Offshore Wind Corporation (“AOW”) completes firm wind turbines agreement with MHI Vestas for the Akita Noshiro Offshore Wind Farm Project. In a sector first for a utility-scale wind power project in Japan, MHI Vestas Offshore Wind has completed firm and unconditional orders to supply wind turbines for the Akita and Noshiro offshore wind farms, … Continue reading Wind energy in Japan, MHI Vestas wind turbines for Akita Noshiro Offshore wind farm
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Wind power is already 15% of Europe’s electricity
The Industrial Strategy to be launched by the European Commission will be a first test. Is this strategy supporting the industries that will deliver the European Green Deal? Wind power is already 15% of Europe’s electricity. It employs over 300,000 people, represents more than €25bn of new investments and exports €8bn of goods and services … Continue reading Wind power is already 15% of Europe’s electricity
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Vestas secures service agreement for Senvion wind turbines in Australia
Leveraging its industry-leading multibrand service capabilities, Vestas has secured a service agreement with Nexif Energy for the maintenance of the 126 MW Senvion wind turbines of the first stage of the 212 MW Lincoln Gap wind farm in South Australia. Vestas will deliver a long-term Active Output Management 5000 (AOM 5000) contract for the 35 … Continue reading Vestas secures service agreement for Senvion wind turbines in Australia
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Wind power in Turkey, Nordex wind turbines for a 120 MW wind farm
Nordex has received an order from Turkey to supply and install 27 N149/4.0-4.5 wind turbines. The customer for the 120 MW “Evrencik” wind farm is Evrencik Elektrik, a long-standing customer of the Nordex Group. The wind energy contract also includes a Premium Service agreement with a term of 15 years. Installation of the first wind … Continue reading Wind power in Turkey, Nordex wind turbines for a 120 MW wind farm
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