Suzlon Energy gained 2.15% to Rs 28.45 at 12:35 IST on BSE Finance Minister Arun Jaitley in Union Budget 2015-16 announced that government will target to put up projects worth 60,000 megawatts under wind power. Meanwhile, the BSE Sensex was up 296.01 points or 1.01% at 29,516.13. Finance Minister Arun Jaitley in Union Budget 2015-16 … Continue reading Suzlon gains after India targets 60,000 MW of wind energy
Continue readingMonthly Archives: February 2015
Vattenfall to build the world’s offshore cheapest wind farm, 10.31 euro cents per kilowatt-hour
Vattenfall has won a tender to build a wind farm off Denmark, which is expected to produce the world’s cheapest offshore wind energy, Denmark’s ministry of climate and energy said on Friday. The first wind turbines at the 400-megawatt capacity, Horns Rev 3 park are scheduled to start supplying power in 2017 at an agreed … Continue reading Vattenfall to build the world’s offshore cheapest wind farm, 10.31 euro cents per kilowatt-hour
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Longer Blades and New Materials are Dramatically Affecting the Global Wind Turbines
A recent report from Navigant Research examines the significant forces shaping the global wind power industry’s supply chain, including analyses of more than 500 component and materials suppliers. As the wind turbine manufacturing industry has evolved and matured, blades have become a strong area of strategic product innovation and sourcing shifts. Turbine makers are making … Continue reading Longer Blades and New Materials are Dramatically Affecting the Global Wind Turbines
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Acciona goes back to black ink
After a €1,972 million loss in 2013, ACCIONA returned to profit in 2014 with attributable net earnings of €185 million, thanks to its 2013-2014 Action Plan, which was implemented to mitigate the effects of regulatory reforms in the Spanish energy sector. ACCIONA is cautiously optimistic about its business environment following the achievement of the objectives … Continue reading Acciona goes back to black ink
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Wind energy in Jamaica: New Wind Farm
Jamaica has broken ground on a major new wind farm project in St Elizabeth. The $89 million USD project will see the construction of a 36.3-megawatt wind farm that uses 11 wind turbines. Power will then be transmitted to the national grid running from the farm to the JPS’ substation in Manchester. “The price of … Continue reading Wind energy in Jamaica: New Wind Farm
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Poland’s wind energy development: 1,500 MW of extra wind power capacity currently under construction
Participants at the conference noted that the best sites for wind turbines are already either being used or are scheduled to be built, so from 2020 onwards Poland will have to develop offshore wind farms. Ostapiuk assured that his Ministry is working to enable the construction of offshore wind farms, although he noted that … Continue reading Poland’s wind energy development: 1,500 MW of extra wind power capacity currently under construction
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Vattenfall to build 400 MW wind farm offshore Denmark
Sweden’s state-owned Vattenfall won a concession to build a 400-megawatt wind power farm Horns Rev 3 offshore western Denmark, the company said on Friday. The wind farm will be able produce electricity for 450,000 households from 2017, and will boost Vattenfall’s offshore wind assets in Europe from the current 1,000 MW. Wind power met … Continue reading Vattenfall to build 400 MW wind farm offshore Denmark
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Global wind power capacity registers record increase in 2014
The expansion of wind power capacity across the globe increased 16 percent or 51,477 megawatts in 2014 to reach a record 370,000 megawatts, the Austrian Wind Energy Association said Thursday. Last year witnessed the highest increase in terms of newly added capacity for a single year, said Stefan Moidl, head of the organization. China was … Continue reading Global wind power capacity registers record increase in 2014
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Denmark gets historic low price on wind energy
A massive new offshore wind farm off the west coast of Jutland will provide power at nearly one third the price of existing wind farms. The new offshore Danish wind farm, Horns Rev 3, will be built by the Swedish state-owned company Vattenfall. The Swedes guaranteed a price of 10.31 euro cents per kilowatt hour, … Continue reading Denmark gets historic low price on wind energy
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Nordex wind power announces 21% increase in sales
According to preliminary figures, the Nordex Group (ISIN: DE000A0D6554) increased its sales by some 21 percent in 2014 to EUR 1,734.5 million (2013: EUR 1,429.3). Nordex thus reached the upper end of the guidance range which the Management Board had most recently revised upwards in November 2014. With a margin of 4.5 percent, EBIT also … Continue reading Nordex wind power announces 21% increase in sales
Continue readingAlgeria targets 2 GW of concentrated solar power (CSP), 5 GW of wind energy and 13.5 of PV by 2030
Algeria’s department of energy has published an updated renewable energy road map that will see the North African country aim to install 13.5 GW of solar PV capacity between now and 2030, 5 GW of wind energy and 2 GW of concentrated solar power (CSP). Algerian energy minister Youcef Yousfi unveiled the plans yesterday. … Continue reading Algeria targets 2 GW of concentrated solar power (CSP), 5 GW of wind energy and 13.5 of PV by 2030
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Concentrated Solar Power (CSP) Market And Molten Salt Solar Energy Thermal Storage Shares, Strategies, and Forecasts
Concentrated solar power molten salt storage units at a level below $100 million in 2009 are anticipated to reach $13.6 billion by 2016. WinterGreen Research announces that it has a new study on Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP): Market Shares and Forecasts, Worldwide, 2010-2016. The 2010 study has 309 … Continue reading Concentrated Solar Power (CSP) Market And Molten Salt Solar Energy Thermal Storage Shares, Strategies, and Forecasts
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Google Invests $75 Million in solar power
Google continues to widen its portfolio of investment in renewable energy, as the tech giant announced Thursday that it partnered with SolarCity to create a new $75 million fund, through which the company will buy and own solar-panel generators on the roofs of several thousand U.S. homes. There will be no upfront cost to the homeowners. Google also … Continue reading Google Invests $75 Million in solar power
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Iberdrola to acquire UIL Holdings Corp for $3 bn
Spanish utility Iberdrola SA is acquiring UIL Holdings Corp to create a new listed power and gas company and expand in the US, where it hoped to offset declining profits at home, Reuters reported. The deal is $3.1 billion in equity value, and with assumption of UIL’s debt, the total deal value $4.6 billion. Iberdrola, … Continue reading Iberdrola to acquire UIL Holdings Corp for $3 bn
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Siemens highlights cost-cutting innovations for offshore wind power
The international wind energy conference EWEA Offshore 2015 in Copenhagen in early March will see Siemens, the market leader in offshore wind turbines and grid access, focusing on innovations supporting cutting the costs of offshore wind power. In addition to further developing the technology of its wind turbines, the company is advancing the efficiency of … Continue reading Siemens highlights cost-cutting innovations for offshore wind power
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East Anglia ONE Offshore Wind farm secures 714 MW contract
ScottishPower Renewables has hailed a major breakthrough in efforts to reduce the costs of offshore wind after the East Anglia ONE project successfully secured a Contract for Difference (CfD) in the completive competitive auction process run by the UK Government. The successful bid was announced today as the shareholders work towards ScottishPower Renewables’ … Continue reading East Anglia ONE Offshore Wind farm secures 714 MW contract
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Wind energy Gamesa’s net profit to 92 million euro in 2014
Growing revenues: a 22% increase, to €2,846 million, driven by Latin America, India and China, and by O&M services. Profitability on the rise: the EBIT margin(1) was 6.7%, outstripping the target for the year. At constant exchange rates, the margin was 7.2%. Gamesa ended 2014 with net profit of €92 million, i.e. double the 2013 … Continue reading Wind energy Gamesa’s net profit to 92 million euro in 2014
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2014 Mexico Wind Energy Performance Map, released by Vaisala
The 2014 Mexico Wind Performance Map, released by Vaisala, delivers positive news for much of southern Mexico where above-normal wind speeds boosted performance at many of the country’s operating wind projects. Conversely, wind speeds below the long-term average in Mexico’s interior negatively affected overall production at wind farms in that region. These departures from mean … Continue reading 2014 Mexico Wind Energy Performance Map, released by Vaisala
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Mortenson Construction to build Slate Creek wind farm in Kansas
Mortenson Construction’s Wind Energy Group announced its selection as EPC contractor to build the Slate Creek Wind Project by long-term partner, EDF Renewable Energy. Located in Geuda Springs, Kansas, the Slate Creek Wind Project will consist of 75 Vestas 2.0 megawatt (MW) wind turbines. The project marks the 26th wind project Mortenson will construct … Continue reading Mortenson Construction to build Slate Creek wind farm in Kansas
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EWEA welcomes Energy Union proposal for post-2020 renewables directive
The European Commission’s Energy Union proposal to establish post-2020 legislation for renewables is a clear signal to investors that Europe is open for business on zero-carbon energy, says the chief executive officer of the European Wind Energy Association. The Vice President for Energy Union Maros Sefcovic plans to put forward a Renewable Energy Package as … Continue reading EWEA welcomes Energy Union proposal for post-2020 renewables directive
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