Velto Renewables has entered into a service agreement with Boreas to provide support to the 25% investment of CDPQ in London Array. London Array is an offshore windfarm located 20 km off the North Kent coast, in the Outer Thames Estuary, United Kingdom. The project, commissioned in 2013, has a total installed capacity of 630 MW and … Continue reading Velto Renewables SUPPORTS THE 630 MW OFFSHORE WIND FARM LONDON ARRAY
Continue readingMonthly Archives: February 2022
DNV launches Project to ensure growth of green hydrogen
Together with 18 industry partners, DNV is launching a new Joint Industry Project (JIP) to enhance the standardization for reliable, safe and cost-efficient hydrogen production systems that use renewable energy-powered electrolysis to produce green hydrogen. Electrolysers are hydrogen producing devices, splitting water into hydrogen and oxygen using electricity in a chemical process known as electrolysis. … Continue reading DNV launches Project to ensure growth of green hydrogen
Continue readingIberdrola, the only European company with President Joe Biden at the Washington Energy Roundtable
US electricity industry representatives meet at the White House to discuss the Biden Administration’s flagship Build Back Better programme. Iberdrola once again demonstrates its commitment to the United States. This Wednesday, the company took part in a high-level meeting with President Joe Biden at the White House, and was the only European company invited to … Continue reading Iberdrola, the only European company with President Joe Biden at the Washington Energy Roundtable
Continue readingBotswana plans to erect 200 MW concentrated solar plant
Botswana said its seeking companies to build and operate a 200 megawatt concentrated solar power plant, its biggest clean energy project to date. In an announcement on Tuesday, the Energy Ministry issued an invitation for companies to pre-qualify for the program, which would involve financing its construction and completing the project by 2027. The state-owned … Continue reading Botswana plans to erect 200 MW concentrated solar plant
Continue readingVestas Annual Report 2021
For the year 2021, Vestas’ revenue amounted to EUR 15.6bn (outlook: EUR 15.5-16.5bn), with an EBIT margin before special items of 3 percent (below outlook of around 4 percent), and total investments*) of EUR 813m (outlook: below 1,000m). Compared to 2020, revenue and free cash flow*) increased while earnings decreased. The value of the combined … Continue reading Vestas Annual Report 2021
Continue readingØrsted completes 50 % divestment of Borkum Riffgrund 3 Offshore Wind Farm
Ørsted has today completed the 50 % divestment of the 900 MW German offshore wind farm Borkum Riffgrund 3 to funds managed by Glennmont Partners. The information provided in this announcement does not change Ørsted’s financial outlook for the 2022 financial year or the expected investment level announced for 2022. The Ørsted vision is a … Continue reading Ørsted completes 50 % divestment of Borkum Riffgrund 3 Offshore Wind Farm
Continue readingNorway to launch 1.5 gigawatt offshore wind tender
Norway will launch later this year its first tender for bottom-fixed offshore wind turbines in the southern North Sea, planning to develop 1.5 gigawatt of electricity that will supply the Norwegian mainland, the country’s government said on Wednesday. Offshore wind is seen as a key new industry offering a potential transition for Norway’s dominant oil … Continue reading Norway to launch 1.5 gigawatt offshore wind tender
Continue readingWindEurope Annual Event 2022 in Bilbao – Registrations Open, Conference Programme Available
Registration is now open for WindEurope’s Annual Event 2022. The wind energy community is getting ready to meet once again in Bilbao, from 5-7 April this year. After last year’s Electric City 2021 event in Copenhagen, this will be the second major in-person gathering for the wind industry after nearly two years of virtual events. … Continue reading WindEurope Annual Event 2022 in Bilbao – Registrations Open, Conference Programme Available
Continue readingRWE innovation and growth initiative with particular focRWEus on North Rhine-Westphalia
Bundle of measures comprises 1,000 MW of renewables, 2,000 MW of flexible and hydrogen-compatible backup capacities, 700 MW of electrolyser capacity for green hydrogen and active support for structural change. As part of its global investment and growth strategy, RWE intends to significantly expand its core green business by 2030. In Germany alone, the company plans to invest … Continue reading RWE innovation and growth initiative with particular focRWEus on North Rhine-Westphalia
Continue readingAmerican Clean Power statement on solar tariff anti-circumvention case
American Clean Power Association (ACP) CEO Heather Zichal issued the following statement in response to an anti-circumvention case being filed by Auxin Solar with the U.S. Department of Commerce on February 8: “Groundhog Day usually occurs once a year, but yesterday, a solar manufacturer filed another meritless anti-circumvention petition seeking a competitive advantage that hurts … Continue reading American Clean Power statement on solar tariff anti-circumvention case
Continue readingAcciona Energía accelerates its growth in the US with the acquisition of the Red-Tailed Hawk project (458MWP)
The construction phase of the company’s largest photovoltaic plant will start in the third quarter of 2022 and will have an estimated investment of US$460M (€407M). ACCIONA Energía has acquired Red-Tailed Hawk, a 350-MWac/458-MWdc photovoltaic (PV) project near Houston in Wharton County, Texas, from Avondale Solar, LLC and Solar Plus Development, Inc. AP Solar Holdings, … Continue reading Acciona Energía accelerates its growth in the US with the acquisition of the Red-Tailed Hawk project (458MWP)
Continue readingThe wind energy sector rejects the inclusion of non-renewable technologies in the EU green taxonomy
The green taxonomy should only be used for renewable energiesNatural gas and nuclear are not renewable energies and their inclusion in the green taxonomy can cause confusion for investors, diverting funds that should be used for renewable technologies.If it is necessary to make investments in non-renewable technologies to accompany the energy transition process, a specific … Continue reading The wind energy sector rejects the inclusion of non-renewable technologies in the EU green taxonomy
Continue readingStarts Operations Wind Farm Energía Sierra Juárez Phase II
With an investment of $150 million dollars, the project showed 1,700 direct and indirect jobs. Increases by 70% the capacity of the first cross-border wind generation project between Mexico and the United States. Drives efforts to support the continued integration of North American energy markets. Sempra Infraestructura, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), … Continue reading Starts Operations Wind Farm Energía Sierra Juárez Phase II
Continue readingPotential bidders in Norway’s first offshore wind tender
Norway has earmarked two areas in the North Sea to accommodate up to 4.5 gigawatt (GW) of floating and bottom-fixed wind turbine capacity and will identify additional offshore areas for development amid strong interest from energy firms. Utsira Nord, an area of 1,000 square km (386 square miles), is located northwest of the oil industry … Continue reading Potential bidders in Norway’s first offshore wind tender
Continue readingRenewable energy and gas prices favour lower prices in the first week of February
The prices of almost all European electricity markets fell during the first week of February, favoured by the decrease in gas prices, lower demand and an increase in wind and solar energy production. Even so, the weekly averages were above €160/MWh in most markets. CO2 prices registered a new historical high, standing above €96/t and … Continue reading Renewable energy and gas prices favour lower prices in the first week of February
Continue readingVattenfall and Seagust join forces in Norwegian offshore wind bid
Vattenfall and Norwegian company Seagust have formed a joint venture to bid for offshore wind areas in Norway’s upcoming licensing rounds. The joint venture represents Vattenfall’s entry into the Norwegian wind market. The joint venture intends to bid on licenses in both the Utsira Nord and Sørlige Nordsjø II areas in the North Sea. … Continue reading Vattenfall and Seagust join forces in Norwegian offshore wind bid
Continue readingItaly will see a wind power market size of more than 20 GW in this decade
Favorable scenario for the wind energy development in Italy brings the World Wind Energy Conference to Rimini with exhibition and paper presentations Abstracts for presentation to be submitted by 15 February In Italy, the wind power share over the total renewable energy sources touches 17%, and a tremendous increase is expected in the coming years. … Continue reading Italy will see a wind power market size of more than 20 GW in this decade
Continue readingUK in a first awards offshore wind power a contract to help stabilise grid
Britain’s National Grid ESO has for the first time awarded a contract to an offshore wind farm to help keep voltage levels in the power network stable, it said on Monday. The transmission assets of the Dogger Bank C offshore wind farm will provide 200 megavolt amperes of reactive power (MVAr), which is used to … Continue reading UK in a first awards offshore wind power a contract to help stabilise grid
Continue readingNordex wins the gold medal for the N163/5.X as “Turbine of the Year”
The Nordex Group is thrilled and proud: Nordex wins the gold medal for the N163/5.X as “Turbine of the Year” in the category of onshore wind turbines with 4.7 MW+ rating published by Windpower Monthly. For ten years now, Windpower Monthly has been publishing the “Turbines of the Year” award at the turn of the … Continue reading Nordex wins the gold medal for the N163/5.X as “Turbine of the Year”
Continue readingGE Renewable Energy opens new Renewable Hybrids factory in India
GE Renewable Energy announced today the opening of a new Renewable Hybrids factory in Vallam, near Chennai, India, where 250 people are employed today. “As the industry and customers’ demand dispatchable renewable energy to navigate the energy transition, the need for hybrid systems is increasing exponentially. This world class facility that has been set up … Continue reading GE Renewable Energy opens new Renewable Hybrids factory in India
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