The UK-based renewables investment company has acquired the 50 MW Arenales solar thermal power plant, located in Seville that entered into operation in 2008. Cubico Sustainable Investments, a renewables investment company based in the United Kingdom, today announced the acquisition of the Arenales Solar PS, S.L., owned by a 50 MW solar thermal operating plant, … Continue reading Cubico acquires a 50 MW concentrated solar power plant in Spain
Continue readingMonthly Archives: February 2020
GWEC welcomes Mingyang Smart Energy Group as its latest board level member
The Global Wind Energy Council (GWEC) is pleased to welcome Mingyang Smart Energy Group as its latest board level member. Mingyang is one of the world’s largest wind turbine manufacturers and clean energy integrated solution providers with over 17GW of wind energy capacity installed globally as of 2018. Ben Backwell, CEO of GWEC, said: “We … Continue reading GWEC welcomes Mingyang Smart Energy Group as its latest board level member
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Wind energy and the EU’s Innovation Fund
On 5 February WindEurope participated in a workshop event on the Innovation Fund. The event was organised by EASE, the association for energy storage, and featured presentations from the European Commission explaining how the Innovation Fund works. The Innovation Fund is one of the funding instruments supporting the European Commission’s strategic vision for a climate neutral … Continue reading Wind energy and the EU’s Innovation Fund
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Naturgy becomes one of the top investors in renewables in Spain
Naturgy has made headway on fulfilling its 2018-2022 Strategic Plan, with which it laid the foundations of its long-term value creation strategy. Proof of the company’s smooth progress can be found in its recorded results, which exceeded the market consensus up until September 30, with an ordinary EBITDA reaching 3.397 billion euros, 5% more than the previous year, … Continue reading Naturgy becomes one of the top investors in renewables in Spain
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Kenya Power, Lamu wind farm farm sign 20-year wind energy deal
Kenya Power has signed a 20-year Power Purchase Agreement (PPA) with a Lamu-based wind power company. The wind farm is owned by Baharini Wind Power Company which is backed by Belgium’s Elicio Company and Kenya’s Kenwind Holdings Limited. The initial plan includes setting up 38 wind turbines which will produce 90 megawatt (MW). The wind … Continue reading Kenya Power, Lamu wind farm farm sign 20-year wind energy deal
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Vestas wind power company earned 700 million euros net in 2019, up 2.4%
The Danish company Vestas Wind Systems, dedicated to the manufacture and sale of wind turbines, earned 700 million euros net in 2019, 2.4% more than the previous year, according to the balance presented today by the company. Operating profit improved 9% year-on-year, up to 1,004 million euros. Revenue amounted to 12,147 million, 20% more than … Continue reading Vestas wind power company earned 700 million euros net in 2019, up 2.4%
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Five key trends for offshore wind power in 2020
The Offshore Renewable Energy (ORE) Catapult’s energy analyst Tom Quinn has identified five key trends that he predicts will take off in 2020 in the world of offshore renewable energy. The long-awaited UK energy policy white paper will be published by the Government The UK Government is expected to publish a white paper on energy … Continue reading Five key trends for offshore wind power in 2020
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Wind energy in Argentina, first wind farm in Neuquén
The first wind power project in the province will start generating at the end of March. The company responsible for the work plans to put into operation only five wind turbines. In June, all wind turbines will be operational. A few days ago the assembly of the first tower was completed. A few meters from … Continue reading Wind energy in Argentina, first wind farm in Neuquén
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Iberdrola sells its 8% of Siemens Gamesa wind energy company
Iberdrola has sold 8.07% of its stake in the manufacturer of Siemens Gamesa wind turbines to the German group Siemens, which until now had 59%, for 1,099.5 million euros. This price is equivalent to 20 euros per share of Siemens Gamesa and the sale will be consummated this Wednesday. Both parties have resolved the parasocial … Continue reading Iberdrola sells its 8% of Siemens Gamesa wind energy company
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African Development Fund approves close to $35 million to the Government of Liberia for renewable energy
The African Development Fund has approved a $34.74 million grant and loan to boost renewable energy access and promote an attractive investment climate in Liberia. At a signing ceremony on 29 January in Monrovia, Dr. Orison Amu, the African Development Bank’s (AfDB.org) Country Manager in Liberia, and Samuel Tweah Jr., Liberia’s Minister of Finance & … Continue reading African Development Fund approves close to $35 million to the Government of Liberia for renewable energy
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Togo’s Breaking Ground on West Africa’s Largest Solar Photovoltaic (PV) Project
The African Energy Chamber addresses its heartfelt congratulations to the Republic of Togo for breaking ground on its 50 MW Mohamed Bin Zayed Photovoltaic Solar Power Complex today in Blitta. The project was launched in presence of H.E. Faure E. Gnassingbe, President of the Republic of Togo, and Hussain Al Nowais, Chairman of AMEA Power, … Continue reading Togo’s Breaking Ground on West Africa’s Largest Solar Photovoltaic (PV) Project
Continue readingWind energy in Finland, Vestas’ wind turbines for 160 MW wind farm
Luxcara, an independent asset manager in the global renewable energy market, and Vestas have closed turbine supply agreements and long-term service agreements for the three wind projects Välikangas, Pihtipudas and Sievi.Vestas has developed a customised wind energy solution that features 38 V150-4.2 MW turbines with site specific towers, capable of optimising annual energy production and offering … Continue reading Wind energy in Finland, Vestas’ wind turbines for 160 MW wind farm
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Brexit and wind energy
The United Kingdom has officially left the EU. It has now entered a ‘transition period’, during which the UK and the EU will negotiate the terms of their future relationship. The transition period will last until the end of 2020. During the transition period, the UK will no longer be represented in the EU’s decision-making … Continue reading Brexit and wind energy
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CLEANPOWER 2020 Conference Partners Announced
The American Wind Energy Association (AWEA) today announced its partners for CLEANPOWER, a new exhibition hub that will bring together the utility-scale wind power, solar power and energy storage industries. CLEANPOWER 2020, to be held June 1-4 at the Colorado Convention Center in Denver, is the next step in the evolution of AWEA’s WINDPOWER conference … Continue reading CLEANPOWER 2020 Conference Partners Announced
Continue readingA third of the electricity generated in 2018 in Andalusia was renewable, wind energy concentrated solar power and PV
34 percent of all electricity generated in Andalusia during 2018 renewable energy procedure, although the production of this type of energy fell by 9.5 percent over the previous year, with 12,187.2 gigawatts per hour. The reduction is due, among other reasons, the lower availability of resources due to weather factors and the reduction of the … Continue reading A third of the electricity generated in 2018 in Andalusia was renewable, wind energy concentrated solar power and PV
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Americas install over 13.4 GW wind energy capacity in 2019, tripling the region’s total wind power capacity over past decade
North, Central, and South America and the Caribbean installed 13,427 MW of wind energy capacity in 2019, an increase of 12 per cent from 2018’s wind turbines installations. Total installed wind farm capacity in North, Central, and South America and the Caribbean is now over 148GW, thereby tripling the wind power capacity in the region … Continue reading Americas install over 13.4 GW wind energy capacity in 2019, tripling the region’s total wind power capacity over past decade
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Protermosolar and CIEMAT organize the technical day at GENERA 2020 The Concentrated Solar Power in Energy Planning in Spain
Protermosolar and CIEMAT organize the technical day at GENERA 2020 The Solar Thermal Power Plants in Energy Planning in Spain. Spain, unlike the rest of European countries, has ideal conditions for the deployment of concentrated solar power plants that will make the objectives of PNIEC easier and less expensive. Solar thermal technology can also contribute … Continue reading Protermosolar and CIEMAT organize the technical day at GENERA 2020 The Concentrated Solar Power in Energy Planning in Spain
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Siemens Gamesa’s strong commercial performance in Q1 FY2020
Rising demand for wind power as a response to the transition towards non-polluting energies drove Siemens Gamesa’s commercial activity in the first quarter of FY 2020. The company experienced an 82% increase in order intake, with firm orders rising to €4,628m, raising the order book to a record €28,089m, underlining solid long-term growth prospects. As … Continue reading Siemens Gamesa’s strong commercial performance in Q1 FY2020
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Mexico already has 6,238 megawatts of wind energy
Last year, the private sector installed 10 new wind power generation plants, reaching a record. However, to continue the expansion in 2020 requires certainty in public policies. At the end of 2019, 71 wind farm plants were registered in commercial operation, equivalent to an installed capacity of 6,238 megawatts, according to information from the Mexican … Continue reading Mexico already has 6,238 megawatts of wind energy
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Wind power in Yucatan, Progreso wind farm installation is progressing well
The installation of the Progreso wind farm, called “Renewable Energy of the Peninsula”, located on the road that joins this port with Mérida, advances. According to reports of the company responsible for the project, Vive Energía, this has an 80% progress, so it would soon be carrying out its first tests, to give way to … Continue reading Wind power in Yucatan, Progreso wind farm installation is progressing well
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