Some 44 Australian wind energy projects, about half overseas-funded, have been shelved since a new conservative government said it wanted to cut state support for the industry a year ago, with investors and operators saying they are considering either downscaling or leaving the country altogether if it succeeds. Australia faces a $13.3 billion exodus … Continue reading Australia faces a $13.3 billion exodus of investment from its wind energy industry
Continue readingMonthly Archives: February 2015
Wind power in Oman: ILF Consulting Engineers wins consultancy deal for wind farm
ILF Consulting Engineers, an Austria-based international firm, has been awarded a contract to provide consulting and engineering services for the setting up of Oman’s first wind power project. ILF will advise in the development of the wind farm in Dhofar Governorate in south Oman, according to the report in Oman Observer. The 50-MW wind … Continue reading Wind power in Oman: ILF Consulting Engineers wins consultancy deal for wind farm
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Iran launches its biggest solar power plant
The solar power plant – that has been constructed in Kerman’s Zarand – has an annual production capacity of 390 megawatts (MW). It comprises an 80 kilowatt power plant, 170 solar-powered light posts, 340 LED lamps, and a 4,000-meter cable network, reported the Persian-language newspaper Forsat-e Emrooz. Iran has already announced plans to add … Continue reading Iran launches its biggest solar power plant
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Wind Energy Beneficial to Rural Oklahoma Communities
In 2014, a study was conducted to determine the economic impact of wind energy development in Oklahoma. The Wind Coalition Executive Director Jeffrey Clark says the study found wind developers have invested more than $6 billion into Oklahoma communities over the past decade. “These projects pay about $22 million annually to landowners. That is … Continue reading Wind Energy Beneficial to Rural Oklahoma Communities
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Obama seeks to extends 30% solar energy investment tax permanently
President Obama, in presenting his proposed Federal Budget has proposed that the solar power Investment Tax Credit (ITC) be extended permanently in the 2016 budget. Under the new budget, there would be funding of $7.4bn for clean energy alongside $4bn for states to accelerate their carbon reduction plans. The ITC, which was introduced in … Continue reading Obama seeks to extends 30% solar energy investment tax permanently
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India targets 100,000 MW of solar power
Solar energy currently supplies less than 1 percent of India’s energy needs. India could start installing 20,000 MW of solar power capacity by April, with several international companies keen to support the government’s drive for clean energy. Prime Minister Narendra Modi aims to make the country one of the world’s largest renewable energy markets, targeting … Continue reading India targets 100,000 MW of solar power
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More than 50 GW Additional Wind Power Capacity, Wind Energy Worldwide Close to 370 GW
According to preliminary figures gathered by WWEA, the year 2014 brought a new record in wind power installations: More than 50 Gigawatt of capacity were added during the year 2014, bringing the total wind power capacity close to 370 Gigawatt. The market volume for new wind energy capacity was 40 % bigger than in … Continue reading More than 50 GW Additional Wind Power Capacity, Wind Energy Worldwide Close to 370 GW
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Revenue from Materials for Advanced Batteries Is Expected to Total More than $132 Billion from 2014-2023
A recent report from Navigant Research examines the global materials supply chain of the advanced batteries industry, including global market forecasts for capacity, shipments, and revenue for key raw materials inputs for advanced batteries through 2023. Since 1991, when the first mass-produced lithium ion (Li-ion) batteries emerged, the market for advanced batteries … Continue reading Revenue from Materials for Advanced Batteries Is Expected to Total More than $132 Billion from 2014-2023
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U.S. trend toward sustainable energy continued in 2014
The United States saw continued growth in renewable energy, natural gas and energy efficiency in 2014, according to the third annual Sustainable Energy in America Factbook. The Factbook shows that U.S. deployment of sustainable energy increased as prices continued to fall and that investment in U.S. clean energy grew at a higher rate. Analysts at … Continue reading U.S. trend toward sustainable energy continued in 2014
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The cost of wind energy and solar power keeps dropping
A new study from the International Renewable Energy Agency laying it out in detail. Large wind power farms got cheaper between 2010 and 2014. Large-scale solar power got a lot cheaper. And at least some renewable plants are even becoming competitive with new fossil-fuel plants: The chart shows the “levelized cost of electricity” for different … Continue reading The cost of wind energy and solar power keeps dropping
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Siemens reaches milestone in Canadian wind energy market
Siemens Canada was one of the leading companies in the Canadian wind market in 2014, contributing to more than half of the 1.9 gigawatts (GW) of new capacity installed. That momentum is reinforced today with the completion of the 1,000th blade at Siemens’ wind turbine blade manufacturing facility in Tillsonburg, Ontario. The production of 1,000 … Continue reading Siemens reaches milestone in Canadian wind energy market
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More than 50 GW of installed wind energy capacity was added in 2014: total wind power capacity close to 370 GW
More than 50 GW of installed wind power capacity was added worldwide during 2014, according to a new report from the World Wind Energy Association (WWEA). According to WWEA data, the yearly amount pushes the total wind power capacity close to 370 GW, or 40% greater than 2013, which is significantly larger than the previous … Continue reading More than 50 GW of installed wind energy capacity was added in 2014: total wind power capacity close to 370 GW
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Wind energy in Turkey: Nordex wind turbines for a wind farm
Nordex has been awarded two new contracts from Turkey. The wind power specialist will be installing 22 units of the N117/2400 Generation Gamma for its customer Sancak Enerji at the “Yahyali” wind farm. In addition, it is supplying its regular customer Dost Enerji with one N90/2500 turbine to enlarge the “Geres” wind farm. The … Continue reading Wind energy in Turkey: Nordex wind turbines for a wind farm
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Enel Green Power installed capacity: 9.6 GW
Net financial debt at the end of 2014 amounted to 6.0 billion euros, an increase of about 0.7 billion euros on the 5.3 billion euros registered at the end of 2013. Employees at the end of 2014 numbered 3,609 (3,469 at the end of 2013 as restated to take account of the change in the … Continue reading Enel Green Power installed capacity: 9.6 GW
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Gamesa specifies its 2014 cash generation estimate at over €300 million
Gamesa has specified its estimate for net free cash flow generation for 2014 at over €300 million 1, up from initial guidance for positive free cash flow (>0), in the wake of the preliminary 2014 results, still subject to the auditor’s review. This improvement is attributable, primarily, to a strong underlying business performance, which has … Continue reading Gamesa specifies its 2014 cash generation estimate at over €300 million
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Hitachi Zosen, to build 220 MW offshore Japan wind farm
Hitachi Zosen Corp. and nine other companies plan to build a 220-megawatt offshore wind farm in northwestern Japan. The companies will build the station off the coast of Murakami city in Niigata prefecture, the city said in a faxed statement. Construction will start in April 2020. Financial terms weren’t provided. The Nikkei newspaper reported today … Continue reading Hitachi Zosen, to build 220 MW offshore Japan wind farm
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Iberdrola Chairman puts Scotland at centre of renewables strategy
Ignacio Galán, the chairman and chief executive officer of Iberdrola, today outlined a strategy for further multi-billion pound investments in renewables in the UK, with a strong focus on Scotland, in a lecture at the University of Strathclyde. Mr Galán was delivering the fourth James Blyth lecture at the university, in which he gave a … Continue reading Iberdrola Chairman puts Scotland at centre of renewables strategy
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Wind energy in Brazil: Vestas wind turbines for a 106 MW wind power plant of Gestamp Wind
Vestas will install 53 units of its V110-2.0 MW turbine at five wind farms located in Rio Grande do Norte: Cabeço Preto III, V and VI and Macambira I and II. Vestas has received a firm and unconditional 106 MW order for 53 V110-2.0 MW wind turbines for five wind farms located in the … Continue reading Wind energy in Brazil: Vestas wind turbines for a 106 MW wind power plant of Gestamp Wind
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Dong takes control at Hornsea 1 offshore wind farm
DONG Energy has acquired the remaining 66.66% ownership interest in the UK offshore wind development Hornsea Project One from its joint venture partner SMart Wind. SMart Wind is a 50/50 joint venture between Mainstream Renewable Power and Siemens Financial Services. Hornsea Project One has a total capacity of up to 1.2GW, which will make it … Continue reading Dong takes control at Hornsea 1 offshore wind farm
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Acciona, Iberdrola and Gamesa will play a key role in the growth of Mexico’s wind power
Figures from the Mexican Wind Energy Association (AMDEE) claim that, in late 2014, the nation’s overall installed capacity from wind facilities reached 2551 MW. At the present moment there are 31 operational wind farms in the country, and this capacity is expected to increase to 9500 MW by 2018. AMDEE chairman José Adrián Escofet … Continue reading Acciona, Iberdrola and Gamesa will play a key role in the growth of Mexico’s wind power
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