Senvion today announced that its exclusive negotiations with SGRE concerning the sale of a large part of the company’s European Onshore Services business and its blade production facility in Portugal have been concluded successfully. A corresponding agreement was unanimously approved by Senvion’s creditors’ committee on 11 October and signed today. The transaction in respect of … Continue reading Senvion and Siemens Gamesa sign agreement for the sale of European Onshore Services business and Portugal blade facility
Continue readingMonthly Archives: October 2019
China has big potential to develop offshore wind energy
China’s offshore wind energy has big potential to be developed, which has provided much room for growth in the domestic helicopter business, a senior executive from Airbus Helicopters said on Monday. China has roughly a 20 percent share of global offshore wind power. It is predicted that China’s offshore wind turbines generating capacity in 2030 … Continue reading China has big potential to develop offshore wind energy
Continue readingAsia Poised to Become Dominant Market for Wind Energy
Asia could grow its share of installed capacity for onshore wind power from 230 Gigawatt (GW) in 2018 to over 2600 GW by 2050, a new report by the International Renewable Energy Agency (IRENA) finds. By that time, the region would become a global leader in wind turbines, accounting for more than 50 per cent … Continue reading Asia Poised to Become Dominant Market for Wind Energy
Continue readingWindfloat Atlantic begins offshore wind power of the first floating wind farm in continental Europe
The first WindFloat Atlantic unit – which will have the world’s largest marine wind turbine on a floating platform – has set off for its final destination off the Portuguese coast of Viana do Castelo, where the exploitation of the floating wind farm will take place. Since it can be located in very deep waters, … Continue reading Windfloat Atlantic begins offshore wind power of the first floating wind farm in continental Europe
Continue readingAcciona acquires 3,000 MW of photovoltaics in the US
ACCIONA today announced the signature of an agreement with the US company Tenaska to acquire a portfolio of photovoltaic projects in seven States across the country. The portfolio comprises approximately 3,000 megawatts (MW) of rated power in utility-scale photovoltaic plants and 1.000 MW of battery storage. ACCIONA is a global operator in renewables with 30 … Continue reading Acciona acquires 3,000 MW of photovoltaics in the US
Continue readingSiemens Gamesa agrees to purchase a selection of Senvion wind energy assets
The operation will strengthen the competitive position of Siemens Gamesa in the segments of services and terrestrial wind energy in key European markets. This acquisition will allow the company to service an even wider range of wind turbine technologies, completing its multi-technology service offering.Siemens Gamesa Renewable Energy announces today that it has reached an agreement … Continue reading Siemens Gamesa agrees to purchase a selection of Senvion wind energy assets
Continue readingFive Reasons Why Countries in the Arabian Gulf are Turning to Renewables
As global leaders look to renewables as a way address the growing and multi-dimensional threat of climate change, traditional energy countries in the Gulf Cooperation Council (GCC) are embracing renewables faster than ever before. Led by efforts in the United Arab Emirates and Saudi Arabia, the GCC has become crucial to global efforts in support … Continue reading Five Reasons Why Countries in the Arabian Gulf are Turning to Renewables
Continue readingTime Is Now for wind Energy in South East Asia
There is no better time than now for wind power to step up the energy transition and to define our role in the future energy system: the cost reduction of wind energy, the improvement of the efficiencies and reliability of wind turbines and the mounting threat of the climate imperatives are making the case for … Continue reading Time Is Now for wind Energy in South East Asia
Continue readingThe LCOE of onshore wind energy in China has fallen by over 40% in the past decade
“In the past decade, the LCOE of global onshore wind energy has fallen by about 25%, while the LCOE of onshore wind power in China has fallen by over 40%. By 2020, the on-grid price of wind farm projects can compete with that of coal-fired power projects and the on-grid price of PV projects will … Continue reading The LCOE of onshore wind energy in China has fallen by over 40% in the past decade
Continue readingWind energy in Bolivia: wind turbines for a wind farm
Bolivia advances with 3 new wind power plants. Winds blow in favor of solar, hydroelectric, geothermal and wind energy in the highlands. There is an investment of 193.9 million dollars, financed by DANIDA and the counterpart of ENDE. Many Chaqueños and Correntinos were surprised by these hours to witness the passage through the waters of … Continue reading Wind energy in Bolivia: wind turbines for a wind farm
Continue readingWhile Coal Still Dominates in South East Asia, Growth of Wind Power is Urgently Needed
Around the world, there is a palpable sense of urgency to accelerate the energy transition. With millions of citizens participating in the #FridaysForFuture movement and still more facing intensifying natural hazards like typhoons, droughts and hurricanes, climate change has become an indisputable condition of our modern world. Wind and renewable energy have achieved strong progress … Continue reading While Coal Still Dominates in South East Asia, Growth of Wind Power is Urgently Needed
Continue readingWind power in Serbia: Masdar wind farm
A consortium led by Masdar, a subsidiary of Mubadala Investment Company and one of the world’s leading renewable energy companies, on Friday inaugurated Cibuk 1, the largest utility-scale commercial wind project in Serbia and the Western Balkans. The inauguration of the 300 million euro (Dh1.22 billion) project was attended by Dr Thani Ahmed Al Zeyoudi, … Continue reading Wind power in Serbia: Masdar wind farm
Continue readingEDPR and Aker Solutions to Develop Floating Wind Farm in Ulsan, South Korea
WindPower Korea, EDP Renewables and Aker Solutions have formed a consortium with the ambition to develop an initial 500MW floating wind farm off the coast of Ulsan Metropolitan City in South Korea. The consortium was formed as EDP Renewables, one of the top wind energy producers globally, and Aker Solutions, an engineering and technology company … Continue reading EDPR and Aker Solutions to Develop Floating Wind Farm in Ulsan, South Korea
Continue readingChina Playing Catch-up in Offshore wind power
In 2018,11 manufacturers installed 735 units of offshore wind turbines globally, totalling 3,693 MW of capacity. – six out of the top ten suppliers are from China. Those companies are Shanghai Electric, Envision, Goldwind, Mingyang, United Power and XEMC. While China is certainly dominating in terms of supplying offshore wind turbines, they are still playing … Continue reading China Playing Catch-up in Offshore wind power
Continue readingWind energy in Brazil: Ceará supplies wind turbines
Ceará had no wind power projects contracted, and expectations for a thermoelectric plant were dashed. Now, wind turbines sales to neighboring states are in the sights. In solar energy, Ceará had four winning projects. Ceará had no wind energy projects contracted at the A-6 energy auction, held yesterday (18) in São Paulo. However, the state … Continue reading Wind energy in Brazil: Ceará supplies wind turbines
Continue reading75 MW Rocky Forge Wind farm to Drive Significant Economic Investment in Southwest Virginia
Governor Ralph Northam and Apex Clean Energy today announced that the Commonwealth of Virginia has entered into an agreement to purchase the output of the approximately 75 megawatt Rocky Forge Wind, located in Botetourt County. The agreement represents the purchase of the full capacity of the project, which will become Virginia’s first operating onshore wind … Continue reading 75 MW Rocky Forge Wind farm to Drive Significant Economic Investment in Southwest Virginia
Continue readingEgypt plans to establish $1.2bn concentrated solar power plantsEgypt plans to establish $1.2bn concentrated solar power plants
Smart Engineering Solutions, in cooperation with the Ministry of Military Production, plans to launch concentrated solar power (CSP) plants and manufacture components of this system in Egypt with investments of $ 1.2bn. Osama Kamal, company’s chairperson told Daily News Egypt that they started the selection process of solar thermal companies to cooperate with, “from a … Continue reading Egypt plans to establish $1.2bn concentrated solar power plantsEgypt plans to establish $1.2bn concentrated solar power plants
Continue readingFloating wind power in South Korea: EDP will build a 500 MW wind farm
EDP Renovavéis (EPDR), in consortium with WindPower Korea and Aker Solutions, will build a floating wind farm with an initial capacity of 500 megawatts (MW) off the coast of the Metropolitan City of Ulsan (South Korea). The consortium was established through the investment of EDP Renováveis and the engineering company Aker Solutions in the development … Continue reading Floating wind power in South Korea: EDP will build a 500 MW wind farm
Continue readingTurkey aims for 20,000 MW installed wind energy capacity by 2023
Turkey aims to reach 20,000 megawatts (MW) of installed capacity in wind power by 2023, Hakan Y?ld?r?m, the president of the Turkish Wind Energy Association (TWEA), told Anadolu Agency’s (AA) Energy Desk. The country’s favorable geographic location provides a potential capacity for 48,000 MW wind energy, according to the Turkish Ministry of Energy and Natural … Continue reading Turkey aims for 20,000 MW installed wind energy capacity by 2023
Continue readingCerro Dominador Concentrated Solar Power developer plans larger plants in Chile
The ground-breaking 110 MW Cerro Dominador Concentrated Solar Power plant could start commissioning by end of 2019 and the fund-owned developer is studying larger projects at three other sites in northern Chile, Francisco Vizcaino, Project Director at Cerro Dominador, told New Energy Update. After a troubled start, Latin America’s first utility-scale Concentrating Solar Power plant … Continue reading Cerro Dominador Concentrated Solar Power developer plans larger plants in Chile
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