Global solar energy market size was estimated at over USD 65 billion in 2015 and is likely to exceed USD 140 billion by 2023. Cumulatively, more than 178 GW of power was installed in 2015 and is estimated to reach more than 600 GW over the forecast period, including both photovoltaic and concentrated thermal power. … Continue reading Global solar energy market size is likely to exceed USD 140 billion by 2023
Continue readingMonthly Archives: June 2016
EDF Energies Nouvelles launches the construction of a new offshore wind farm in the United Kingdom
EDF Energies Nouvelles is launching the Blyth offshore wind farm project. Construction work for the first 41.5 MW part of the project has begun onshore, and offshore installation is due to begin in 2017. Ultimately, the project may have up to 100 MW in capacity.The Blyth project is located off the coast of Northumberland, in … Continue reading EDF Energies Nouvelles launches the construction of a new offshore wind farm in the United Kingdom
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Primary energy consumption grew 1% in 2015
Global primary energy consumption in 2015 increased by only 1%, according to new figures released in BP’s Statistical Review of World Energy. One of the world’s seven supermajor oil and gas companies, BP, has released the 65th edition its Statistical Review of World Energy, in which it sets out and analyzes energy data for 2015, confirming many … Continue reading Primary energy consumption grew 1% in 2015
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India’s ambitious 60 GW wind power target achievable
India is in a hurry to ramp up wind power capacity to 60 giga watt by 2022. The government is looking to auction wind farms this year and spur up wind power trade among States. Speaking to Bloomberg TV India, Indowind Energy Chairman KV Bala says the industry has been passing through a rough phase … Continue reading India’s ambitious 60 GW wind power target achievable
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Dong offshore wind power IPO values company at $15bn
Dong Energy’s initial public offering on the Copenhagen Stock Exchange has valued the company at $15bn, the world’s biggest stock market listing of 2016. The result underlines the success of Europe’s offshore wind energy industry, and completes a remarkable transformation in the company’s business model. Until it built its first windfarm in 1991, Dong was … Continue reading Dong offshore wind power IPO values company at $15bn
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Chinese Wind Power Installations took the Global Wind Energy Market to a Record Height in 2015
Chinese wind installations took the global wind market to a record height in 2015. China represented almost half of the global new wind installations in 2015, with a total installed capacity of 30.5 Gigawatts (GW), followed by the US (8.6 GW), Germany (6.1 GW), Brazil (2.6 GW), and India (2.6 GW). 2015 order intake greatest … Continue reading Chinese Wind Power Installations took the Global Wind Energy Market to a Record Height in 2015
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EDF Energy Renewables starts work on the Blyth offshore wind farm
Construction work for the project has begun onshore and offshore work will start in 2017 to install five turbines of 41.5MW in capacity. The turbines, will provide enough low carbon electricity to power 33 000 homes. The project has permission for a maximum total generating capacity of almost 100 MW. The power generated by the … Continue reading EDF Energy Renewables starts work on the Blyth offshore wind farm
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Clean energy attacker Robert Bryce flunks energy incentive math test
Special interest-funded Robert Bryce continues his mathematically-challenged attacks on clean energy. In his latest assault, he broke his own record for false claims by getting the math wrong by a factor of more than 750. Bryce miscalculates incentives for wind energy This week, Bryce produced a grossly inflated number for the amount of government incentives … Continue reading Clean energy attacker Robert Bryce flunks energy incentive math test
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Wind power can help save money for Massachusetts families and businesses
Francis Pullaro is the Executive Director of RENEW Northeast (RENEW)- an association of the renewable energy industry and environmental public interest groups in New York and New England. A bill before the Massachusetts legislature could further cut carbon emissions by building on reduction goals from previous successful procurements under the Green Communities Act. By tapping … Continue reading Wind power can help save money for Massachusetts families and businesses
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Wind energy helps protect wildlife by reducing carbon pollution
Scientists overwhelmingly agree that climate change poses the largest threat to many of the planet’s wildlife populations, and since wind power is the biggest, fastest, cheapest way to cut harmful carbon pollution, it remains one of the most effective ways to protect them. That includes bats. While there are many significant human-caused threats to bats, … Continue reading Wind energy helps protect wildlife by reducing carbon pollution
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Bokpoort Concentrated Solar Power Plant delivers six days of continuous, full-load electricity – an African record
ACCIONA, SENER and TSK built Concentrated Solar Power (CSP) plant in South Africa has set a new African record for the continuous, round the clock supply of electricity. Within the first month of commercial operation, the newly-inaugurated 50 MW Bokpoort CSP plant, produced electricity for a continuous period of 161 hours, equivalent to almost six … Continue reading Bokpoort Concentrated Solar Power Plant delivers six days of continuous, full-load electricity – an African record
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Siemens to supply wind turbines for onshore wind power plant in Japan
Siemens has received its first order from J-Wind Setana to supply, install and commission 16 direct-drive wind turbines with a capacity of 3.2 megawatts (MW) each. The customer is a joint venture between Electric Power Development Co. and Hokutaku Co. The wind power plant Setana Osato with a total capacity of 50 MW will be … Continue reading Siemens to supply wind turbines for onshore wind power plant in Japan
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Wind energy in Saudi Arabia: Saudi Aramco and GE to install first wind power plant
Saudi Aramco and General Electric are partnering to install Saudi Arabia’s first Wind Turbine at the Turaif Bulk Plant, located in the north-west of the Kingdom. The initiative is in line with Saudi Vision 2030 as endorsed by the Saudi Cabinet that has set an initial target of generating 9.5 gigawatts (GW) of renewable energy. … Continue reading Wind energy in Saudi Arabia: Saudi Aramco and GE to install first wind power plant
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New report highlights electric transmission benefits and savings
A recently released white paper shows how improved transmission planning could save American families and businesses up to $47 billion on their electric bills every year and provide “insurance against risks associated with future uncertainties.” Key findings from the report—entitled “Well-Planned Electric Transmission Saves Customer Costs: Improved Transmission Planning Is Key to the Transition to … Continue reading New report highlights electric transmission benefits and savings
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Wind energy in Jordan: Gamesa wind turbines for a wind farm
Gamesa, a global technology leader in wind energy, has secured a new order from Elecnor for the expansion of the Maan wind farm with the addition of seven new G97-2.0 MW wind turbines (14 MW). This project, which Elecnor is building on a turnkey basis for the Jordan Ministry of Energy (MEMR), is located in … Continue reading Wind energy in Jordan: Gamesa wind turbines for a wind farm
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FRE plc Launches Phase 2 of Wind Power Project
Future Renewables Eco (FRE) plc has successfully completed the £4 million fundraise for Phase 1 of its northern UK wind turbine operation, and is now well underway with Phase 2 of the project. Three 250kW turbines have been installed on sites in Aberdeen and are undergoing final testing before they begin generating power. The turbines … Continue reading FRE plc Launches Phase 2 of Wind Power Project
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Top five reasons to attend the Virginia State Forum
When North Carolina’s first utility-scale wind farm comes online later this year, there will be only nine states left without wind projects. Virginia could be the next one to join the bandwagon. Because wind’s costs have fallen 66 percent in the last six years, it’s now a viable option in places like Virginia and North … Continue reading Top five reasons to attend the Virginia State Forum
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Offshore wind energy can reduce costs to below €80/MWh by 2025
Energy Ministers from 9 countries signed a Memorandum of Understanding (MoU) and Work Programme to enhance their cooperation on renewable energy, particularly offshore wind. The Ministers of Germany, Netherlands, Luxembourg, Norway, Sweden, France, Denmark, Ireland and Belgium signed the agreement, which aims to reduce the costs and accelerate the deployment of wind power at sea. … Continue reading Offshore wind energy can reduce costs to below €80/MWh by 2025
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KEPCO pulls out of its bid to acquire wind power plants in U.S.
South Korea’s state-owned electricity company Korea Electric Power Corp. (KEPCO) has withdrawn an $870 million bid to take over wind power plants in the United States as the Korean government-led preliminary feasibility study questioned low prospective return on the investment. KEPCO’s abrupt dropout of the deal would question the credibility of KEPCO in its future … Continue reading KEPCO pulls out of its bid to acquire wind power plants in U.S.
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Wind energy in Jamaica: Wigton III wind farm commissioned by Prime Minister Holness
Wigton III, the 24 MW expansion of the Wigton Windfarm in Rose Hill, Manchester which was officially commissioned today by Prime Minister Andrew Holness, is the first of the three renewable energy projects selected by the Office of the Utilities Regulation (OUR) in 2013 to become fully operational and begin transmission to the national grid. … Continue reading Wind energy in Jamaica: Wigton III wind farm commissioned by Prime Minister Holness
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