Huge spikes in electricity transmission rates and an impending energy shortage in southern New England are killing businesses, hampering new economic growth and making it tough for many people to make ends meet. The problem will likely reach a crisis point with the impending closure of Somerset’s Brayton Point Power Plant in 2017. Most of … Continue reading Propelling the future with offshore wind power
Continue readingMonthly Archives: September 2015
Wind energy in Brazil: Wind power generates 30% of energy in the Northeast
In the last month, wind turbines were responsible for 30.6 percent of all of the energy produced in the region –the greatest contribution registered to date by the ONS (National Electric System Operator). Driven by a reduction in costs and the prolonged drought, the amount of wind power generated in the Northeast reached its … Continue reading Wind energy in Brazil: Wind power generates 30% of energy in the Northeast
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TransAlta Renewables announces pricing of $442 million project financing of three Ontario wind energy assets
TransAlta Renewables Inc. (TransAlta Renewables) (TSX:RNW) today announced that on September 24, 2015 it priced a $442 million bond offering for its indirect wholly-owned subsidiary, Melancthon Wolfe Wind LP (the “Issuer”), which will be secured by a first ranking charge over all assets of the Issuer. The bonds are amortizing and bear interest from their … Continue reading TransAlta Renewables announces pricing of $442 million project financing of three Ontario wind energy assets
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International symposium on Community Power held during the Husum Wind Fair
The Husum Wind Fair, the traditional meeting place for the wind industry, has welcomed an international distinguished group of panelist to explore the status and new developments on community power and small and medium sized companies (SMEs) in Germany, Europe and worldwide. Together with the audience, the panelists discussed the challenges which SMEs and community based investors like energy cooperatives … Continue reading International symposium on Community Power held during the Husum Wind Fair
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Jan De Nul Group and Nobelwind sign EPCI contract for the construction of a wind power plant in the Belgian North Sea
Jan De Nul Group and the offshore wind project Nobelwind signed the first offshore wind contract for Jan De Nul’s recently acquired offshore jack-up heavy lift vessel Vidar. It concerns the engineering, procurement, construction and installation of 51 monopile foundations for 50 wind turbines and for the Offshore High Voltage Substation (OHVS), the supply and … Continue reading Jan De Nul Group and Nobelwind sign EPCI contract for the construction of a wind power plant in the Belgian North Sea
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Alstom hiring people at its Saint-Nazaire offshore wind turbine industrial facility
Alstom continues spurring the job market in the Pays de la Loire Region, especially in the Saint Nazaire area. The Group is currently hiring people in the area, mostly operators, to work in the offshore wind turbine plant which was inaugurated in December 2014. Launched in the summer, the campaign will stretch until December 2015. … Continue reading Alstom hiring people at its Saint-Nazaire offshore wind turbine industrial facility
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Enel Green Power acquires Indian renewables energy firm BLP Energy
Enel Green Power (“EGP”) has today announced the acquisition of a majority stake in BLP Energy (“BLP”), the utility scale wind and solar subsidiary of Bharat Light & Power Pvt Ltd (“BLP Group”) for a total consideration of approx. 30 million euros. With this transaction EGP enters the Indian renewables market, marking the Group’s … Continue reading Enel Green Power acquires Indian renewables energy firm BLP Energy
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Siemens Wind Power sets up development centre in Hyderabad
Siemens Wind Power, a turbine division of Siemens AG, signed a five-year contract with engineering services provider Axiscades Engineering Technologies Ltd to set up an offshore development centre (ODC) to design wind turbines and provide design support to production and research teams of Siemens working out of Denmark, Germany and the US. The ODC will … Continue reading Siemens Wind Power sets up development centre in Hyderabad
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Enel Green Power Inaugurates Italy’s First Storage Facility for Renewables
Enel Green Power has today inaugurated the first power storage facility for renewable energy plants in Italy in Catania, Sicily. The 1MW/2MWh storage system has been connected to EGP’s 10 MWp Catania 1 photovoltaic plant. The storage system, which is an integral part of Catania 1, will increase flexibility in management of the power … Continue reading Enel Green Power Inaugurates Italy’s First Storage Facility for Renewables
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Light Duty Plug-In Electric Vehicle Sales in North America Are Expected to Total Nearly 7.4 Million from 2015 to 2024
A recent report from Navigant Research analyzes the North American market for light duty plug-in electric vehicles (PEVs), including detailed geographic forecasts of PEV sales by U.S. state, metropolitan statistical area (MSA), Canadian province, Canadian city, and selected U.S. utility service area. North America is currently the world’s largest market for PEVs, with more than … Continue reading Light Duty Plug-In Electric Vehicle Sales in North America Are Expected to Total Nearly 7.4 Million from 2015 to 2024
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Nordex UK: 15th wind farm from key account
Nordex has received the 15th order from its key account, Falck Renewables. The manufacturer will supply ten N90/2500 wind turbines for the Assel Valley wind farm near the south-west coast of Scotland. The supply schedule includes the turnkey construction of the wind farm, including the civil and electrical infrastructure works. Falck Renewables is an international … Continue reading Nordex UK: 15th wind farm from key account
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Planning to invest in wind energy? Get to New York Oct. 14 – 15
More than $100 billion in private investment has been injected into the U.S. economy since 2008 by private investors helping to grow new U.S. wind farm projects across the country. The rapid growth of wind energy in the U.S. from around one percent in 2008 to supplying nearly five percent today has resulted in a … Continue reading Planning to invest in wind energy? Get to New York Oct. 14 – 15
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Renewable energy charges ahead in Africa
The amount of money being deposited into African projects, particularly in energy and power distribution, increased by nearly 50% in 2014, according to a study by Deloitte. One of the most exciting projects was the Grand Inga Hydro Power Project, seen as a potential continental game changer. Initial estimates are that the massive project could … Continue reading Renewable energy charges ahead in Africa
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With school back in session, time to enter the Power of Wind contest
With school officially back in session, the topic of clean energy is gaining prominence in K-12 academic curricula. Teachers, students and parents are putting more emphasis on renewable power topics due to the increased focus on STEM (science, technology, engineering, and math) subjects, as well as this summer’s landmark Clean Power Plan, and the exciting … Continue reading With school back in session, time to enter the Power of Wind contest
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Wind energy ready to help US face energy challenges of 21st century
In response to proposed energy and climate legislation unveiled by Senate Democratic leaders today, the American Wind Energy Association (AWEA) released the following statement this morning: “We commend Senators Reid, Wyden, Schumer, and Cantwell for putting forward a policy framework to provide domestic energy producers with greater stability so businesses can invest and bring costs … Continue reading Wind energy ready to help US face energy challenges of 21st century
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Greenpeace Report Finds 100 Percent Renewable Energy Possible by 2050
Greenpeace released its 2015 Energy [R]evolution report, which finds that a global phase out of fossil fuels and shift towards 100 percent renewable energy is possible by 2050. The analysis, researched in collaboration with the German Aerospace Centre (DLR), shows that the transition to renewables would create jobs and be cost competitive. The necessary investment … Continue reading Greenpeace Report Finds 100 Percent Renewable Energy Possible by 2050
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Support to fossil fuels remains high and the time is ripe for change
Government support to fossil fuel consumption and production in OECD countries and key emerging economies remains high, at USD 160-200 billion annually, according to a new OECD report. This support is hampering global efforts to curb emissions and combat climate change. The OECD Inventory of Support Measures for Fossil Fuels 2015 takes stock … Continue reading Support to fossil fuels remains high and the time is ripe for change
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Wind power in Germany: Baltic 2 offshore wind farm is now producing power
Baltic 2, the company’s second offshore wind farm in the Baltic Sea, employs 80 Siemens SWT-3.6-120 wind turbines. EnBW developed and built the 288 MW wind farm with Australia’s Macquarie purchasing a 49% share of the project for EUR 720 million. The lifecycle of the wind farm is expected to be 20 years, around four … Continue reading Wind power in Germany: Baltic 2 offshore wind farm is now producing power
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Turbines among the trees: How wind power helps preserve American forests
Wind power is an affordable, reliable means of generating electricity while emitting no carbon pollution, but did you know wind can also aid in forest conservation? In 2014, wind energy reduced U.S. carbon pollution by 126 million metric tons – equal to 26 million cars’ worth of carbon emissions – by replacing dirtier forms of … Continue reading Turbines among the trees: How wind power helps preserve American forests
Continue readingTerraForm Global closes acquisition of 294 MW of operating wind power assets from Renova Energia in Brazil
TerraForm Global (Nasdaq: GLBL), a globally diversified owner and operator of clean energy projects, today announced that it closed on the acquisition from Renova Energia of two operating wind energy projects that are part of the original TerraForm Global IPO portfolio. The Salvador and Bahia wind energy projects are located in Brazil and generate 294 … Continue reading TerraForm Global closes acquisition of 294 MW of operating wind power assets from Renova Energia in Brazil
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