Centrica plc has reached an agreement to sell its Race Bank offshore wind farm project to DONG Energy Power (UK) Limited for £50 million. With Centrica having taken the project through the planning and Front End Engineering Design phase, DONG Energy will now take forward the project’s development. Race Bank is situated 27km off the … Continue reading Centrica signs agreement to sell Race Bank wind farm project to DONG Energy
Continue readingMonthly Archives: December 2013
E.ON Climate & Renewables closes financing for Panther Creek Wind Farm I&II, LLC
E.ON Climate & Renewables North America (EC&R) announced today it has secured institutional equity financing for approximately $96.2 million and a commitment to fund further capital contributions from JPM Capital Corporation (J.P. Morgan) in exchange for a partial interest in EC&R’s Panther Creek I&II Wind Farm (Panther Creek). This financing represents the 5th transaction since … Continue reading E.ON Climate & Renewables closes financing for Panther Creek Wind Farm I&II, LLC
Continue reading
New Photovoltaic Solar Power plant in El Centro, California starts operations
Grupo T-Solar, one of the major independent power producers of photovoltaic solar energy based in Spain, has successfully completed its first photovoltaic solar plant in El Centro, California. The North American Development Bank (NADB) is providing a $65 million loan for the construction of this project.
Continue reading
Availon lands new maintenance contract for Vestas wind turbines
Availon announced today that it won a full maintenance contract for 7 Vestas® wind turbines. The German multi-brand service provider is taking over the full maintenance of seven out of a total of 12 Vestas® V80 turbines in the Hakenstedt wind farm. The wind farm is located 30 kilometres west of Magdeburg, Saxony-Anhalt, Germany. “The … Continue reading Availon lands new maintenance contract for Vestas wind turbines
Continue reading
Copel Aquires Wind Farm Portfolio
Companhia Paranaense de Energia – Copel, pursuant to CVM Instruction 358/2002, hereby informs its shareholders and the market in general that the Bord of Directors approved the acquisition, by R$ 160.0 million, of Galvão Energia e Participações’ Portfolio of wind farms, totaling 553 MW, which includes the 50.1% stake in São Bento Energia (94 MW) … Continue reading Copel Aquires Wind Farm Portfolio
Continue reading
Concentrated Solar Power (CSP) in Saudi Arabia
The Saudi government’s plans foresee 41 GW of solar power by 2032. Of that, concentrated solar power (CSP) plants would contribute 25 GW and photovoltaic (PV) facilities 16 GW. Solar electricity and petroleum serve completely different markets. However, in this case, solar will be directly replacing the oil that Saudi Arabia uses for desalination plants. … Continue reading Concentrated Solar Power (CSP) in Saudi Arabia
Continue reading
DoE Invests $13 Million to Drive Innovative U.S. Solar Energy (Concentrated Solar Power and Photovoltaic)
Abengoa Solar will demonstrate new manufacturing and assembly technologies for use in concentrating solar power (CSP) parabolic trough systems to achieve cost reduction. Building on the Energy Department’s all-of-the-above energy strategy to continue U.S. leadership in clean energy innovation, the Department today announced over $13 million for five projects to strengthen domestic solar manufacturing and … Continue reading DoE Invests $13 Million to Drive Innovative U.S. Solar Energy (Concentrated Solar Power and Photovoltaic)
Continue readingDoE Invests $13 Million to Drive Innovative U.S. Solar Energy Manufacturing
Colorado-based Abengoa Solar will develop new methods to produce concentrating solar power trough systems. Building on the Energy Department’s all-of-the-above energy strategy to continue U.S. leadership in clean energy innovation, the Department today announced over $13 million for five projects to strengthen domestic solar manufacturing and speed commercialization of efficient, affordable photovoltaic and concentrating solar … Continue reading DoE Invests $13 Million to Drive Innovative U.S. Solar Energy Manufacturing
Continue reading
Enel Green Power: work begins on new wind farm in Mexico
Enel Green Power has begun construction works on the new Dominica I wind farm in Mexico. The plant, located in the municipality of Charcas and owned by Dominica Energía Limpia S. de R.L., a subsidiary of Enel Green Power Mexico S. de R.L. de C.V. (formerly known as Impulsora Nacional de Electricidad S. de R.L. … Continue reading Enel Green Power: work begins on new wind farm in Mexico
Continue reading
Congress should extend wind energy tax credit
In May, Gov. Terry Branstad and officials of MidAmerican Energy Co. announced plans for the largest economic development investment in Iowa history: A $1.9 billion wind energy project involving the addition of 656 new wind turbines. According to leaders, the project will generate as much as 1,050 megawatts of power in the state by 2015, … Continue reading Congress should extend wind energy tax credit
Continue reading
Positive 2013 in Wind Power for Enel Green Power
In 2013 Enel Green Power’s wind power underwent extraordinary growth, with a 633 megawatt increase in installed capacity, the signing of funding agreements and the opening of a number of new work sites. Over the course of 2013 Enel Green Power has seen its wind power technology become even more of an international benchmark, with … Continue reading Positive 2013 in Wind Power for Enel Green Power
Continue reading
REpower (Suzlon) wins 266 MW wind turbines orders for community wind farms in Germany
Orders for 103 wind turbines totaling over 266 MW capacity. Wind turbines will go to 24 community wind farm projects in Schleswig-Holstein. REpower Systems SE, a wholly owned subsidiary of the Suzlon Group – the world’s fifth-largest* manufacturer of wind turbines, has signed contracts to deliver 103 wind turbines with a total capacity of over … Continue reading REpower (Suzlon) wins 266 MW wind turbines orders for community wind farms in Germany
Continue reading
Flabeg Concentrated Solar Power (CSP) to wind up ops early next year
Before it closed shop, Flabeg Solar US Corp was producing one million large solar collection mirrors for parabolic trough concentrating solar power (CSP) projects. Flabeg Solar US Corp, a company that used to make solar collection mirrors in Clinton, Pensylvania, will sell its assets and cease operations early in 2014 after a failed asset purchase … Continue reading Flabeg Concentrated Solar Power (CSP) to wind up ops early next year
Continue reading
Vietnam wind power projects
The low selling prices that the government set for wind energy cannot encourage the investment in the renewable power sector. To Hoai Dan, Chair of Cong Ly Construction, Trade and Tourism Company Ltd, has sighed with relief after a long period of waiting in hope, as the government has approved the new electricity price for … Continue reading Vietnam wind power projects
Continue readingEDF Renewable Energy and UBS International Infrastructure Fund Announce Wind Farm Partnership
EDF Renewable Energy and UBS International Infrastructure Fund announced today that they have signed a definitive agreement under which UBS International Infrastructure Fund will acquire a 50 percent equity interest from EDF Renewable Energy in the 161 megawatt (MW) Spinning Spur II wind farm project, subject to completion of construction and customary conditions precedent. Spinning … Continue reading EDF Renewable Energy and UBS International Infrastructure Fund Announce Wind Farm Partnership
Continue reading
Concentrated Photovoltaic Solar Power (CPV) Installations Set to Boom in the Coming Years
After years of slow progress, the global market for concentrated photovoltaic (CPV) systems is entering a phase of explosive growth, with worldwide installations set to boom by 750 percent from 2013 to the end of 2020. CPV installations are projected to rise to 1,362 megawatts in 2020, up from 160 megawatts in 2013, according to … Continue reading Concentrated Photovoltaic Solar Power (CPV) Installations Set to Boom in the Coming Years
Continue reading
Geothermal Energy Association announced GEA Honors winners
The Geothermal Energy Association (GEA) has announced the winners for the GEA Honors, which recognize companies and individuals that have made significant contributions during the past year to advancing technology, spurring economic
Continue reading
Concentrated Solar Power (CSP) parabolic trough has over 2750 MW in operation worldwide compared to the 103 MW in operation from tower
A recent CSP Today webinar showed the factors driving concentrated solar power project finance lending in South Africa. Large capital requirements, a highly competitive environment and technology risk were the main topic In a poll conducted during the CSP Today
Continue reading
Solar Energy Market Insight 2013 Q3
The U.S. installed 930 megawatts (MW) of photovoltaics (PV) in Q3 2013, up 20 percent over Q2 2013 and 35 percent over Q3 2012. This represents the second largest quarter in the history of the U.S. solar market and the largest quarter ever for residential PV installations. Even more importantly, 2013 is likely to be … Continue reading Solar Energy Market Insight 2013 Q3
Continue reading
Tibet wind farm starts turning
World’s highest wind farm at 4,700 meters has gone into operation in Nagchu prefecture, Tibet Autonomous Region, the last region in China to utilize wind power. The five turbines of the first phase have a capacity of 7.5 megawatts, an official said on Tuesday. The completed project will have 33 wind turbines capable of putting … Continue reading Tibet wind farm starts turning
Continue reading
