With its ability to decarbonise hard-to-abate sectors like chemicals and steelmaking industries, green hydrogen is expected to be in high demand as countries are racing to achieve their net zero targets. However, the current green hydrogen market is at an infant stage and more needs to be done, especially from the policy makers’ side, to … Continue reading Green Hydrogen Needs Industrial Policy Making and Certification
Continue readingMonthly Archives: March 2022
Floating offshore wind’s critical role in long-term global decarbonisation efforts
Research identifies five countries that could accelerate the growth of floating offshore wind power.The Global Wind Energy Council (GWEC) has today published Floating Offshore Wind – a Global Opportunity, a report setting out the clear opportunity floating offshore wind presents for countries across the globe. The report sets out the enormous role floating offshore wind … Continue reading Floating offshore wind’s critical role in long-term global decarbonisation efforts
Continue reading
Vestas secures 32 MW wind power order in Sweden from Octopus Renewables and OX2
Vestas has received an order for 32 MW from Marhult Vind AB for the Marhult wind farm in the municipality of Uppvidinge on the outskirts of Växjö, Sweden. Octopus Renewables, the fund management specialist that is part of Octopus Energy Group’s generation business, recently acquired the Marhult wind farm from OX2 and are working together … Continue reading Vestas secures 32 MW wind power order in Sweden from Octopus Renewables and OX2
Continue reading
RWE to build two new wind farms in Germany
Two wind projects awarded in North Rhine-Westphalia and Lower Saxony with a total capacity of more than 45 megawatts. Construction will begin in a few months. Double success for RWE in onshore wind power infrastructure auction: The German Federal Network Agency has awarded it the Grevenbroich wind farm in North Rhine-Westphalia and the Bartelsdorf 2 … Continue reading RWE to build two new wind farms in Germany
Continue reading
Iberdrola reopens the fixed income Euromarket with a €1 billion green bond issue
Iberdrola has reopened the fixed income market in Europe in the midst of the crisis generated by the war in Ukraine, by successfully closing the issue of a new green bond for an amount of €1 billion and with a ten-year maturity. The company has thus become the first Spanish issuer to enter the market … Continue reading Iberdrola reopens the fixed income Euromarket with a €1 billion green bond issue
Continue reading
Octopus Renewables signs deals to increase wind power portfolio
UK-based renewable energy company Octopus Renewables has signed deals to acquire four wind farms in the UK and Europe. Reuters reported that the wind farms are located in the UK, Sweden, France and Finland. Octopus Renewables has signed an agreement with Swedish energy company OX2 to buy an onshore wind farm in Sweden with 31.5MW … Continue reading Octopus Renewables signs deals to increase wind power portfolio
Continue reading
Wind power industry helps China with carbon neutrality goal
The Beijing 2022 Winter Olympic Games was the first carbon neutral Olympic Games in history, and the wind power industry in Zhangbei County made great contribution towards achieving this goal, said Wu Gang, chairman of Goldwind Science and Technology and member of the 13th National Committee of the Chinese People’s Political Consultative Conference (CPPCC), on … Continue reading Wind power industry helps China with carbon neutrality goal
Continue reading
RWE and National Grid consolidate partnership and move forward on offshore wind development
Following the success of their joint bid in the New York Bight offshore lease auction last month, RWE Renewables, one of the globally leading companies in offshore wind, and National Grid, one of the largest energy companies pivotal to the energy systems in the UK and the north-eastern United States, today announced the official name … Continue reading RWE and National Grid consolidate partnership and move forward on offshore wind development
Continue reading
Price records in European energy markets after the Russian invasion of Ukraine
Prices of all European electricity markets rose significantly in the first week of March, a behaviour that continued at the beginning of the second week of the month, when records were registered in most markets. Behind these rises is the increase in gas prices, which are reaching record highs after the start of the Russian … Continue reading Price records in European energy markets after the Russian invasion of Ukraine
Continue reading
Ørsted and Maersk sign landmark green fuels agreement, as Ørsted enters the US Power-to-X market
Ørsted to develop Power-to-X-facility on the US Gulf Coast to fuel Maersk’s newly ordered fleet of 12 methanol-powered vessels, as the industry leaders sign letter of intent (LOI) on record-breaking offtake agreement for green fuels in the maritime industry. Over the past two decades, greenhouse gas emissions from the global maritime industry have risen sharply … Continue reading Ørsted and Maersk sign landmark green fuels agreement, as Ørsted enters the US Power-to-X market
Continue reading
Wind power calls for accelerating its development to minimize dependence on Russia
Wind energy reaches 28,138 MW installed and calls for accelerating its development as a solution towards a new economic and energy model that minimizes dependence on foreign sources.Spain has increased wind power by 842.6 MW in 2021, adding a total of 28,138 installed wind MW. A figure that contributes to the search for the path … Continue reading Wind power calls for accelerating its development to minimize dependence on Russia
Continue reading
Colombia launches offshore wind energy plan, announces first wind farm
Colombia could build its first offshore wind farm off the coast of the port of Barranquilla, following a deal signed this week in Houston. Under the memorandum of understanding, Denmark’s Copenhagen Infrastructure Partners agreed with the city’s government to study a 350MW offshore wind farm which would require an investment of almost $1 billion. Once … Continue reading Colombia launches offshore wind energy plan, announces first wind farm
Continue reading
VERBUND acquires a 70% share in one photovoltaic and four wind power project companies in Spain with a total capacity of 171 MW from Capital Energy Power Vortice S.L.U.
VERBUND AG announces the acquisition of 70% of four wind farms and one photovoltaic plant developed by Capital Energy in Spain. The four wind and one PV project companies, respectively, will have a total capacity of 171 MW and will consist of four windfarms totalling to 151 MW, as well as one solar plant with … Continue reading VERBUND acquires a 70% share in one photovoltaic and four wind power project companies in Spain with a total capacity of 171 MW from Capital Energy Power Vortice S.L.U.
Continue reading
West Bakr wind farm officially goes into operation in Egypt
The West Bakr wind farm officially goes into operation. The facility in the Gulf of Suez was the focus of a ceremony attended by several dignitaries, including Mohamed Ahmed Chaker, Egypt’s Minister of Electricity and Renewable Energy, as well as senior officials from the Egyptian Electricity Transmission Company (EETC) and the New and Renewable Energy … Continue reading West Bakr wind farm officially goes into operation in Egypt
Continue reading
Capital Energy begins work on the Andalusian Ayamonte wind farm
This facility will have a relevant tractor effect on the Spanish industrial fabricThe wind farm, which will have a capacity of 34.8 megawatts (MW), will be built by the Galician company CRC and a large part of its turbines, supplied by General Electric, will be built in various factories with which the multinational works in … Continue reading Capital Energy begins work on the Andalusian Ayamonte wind farm
Continue reading
EDP Renewables and Vestas launch a new edition of ‘Keep it local’
Though this project, both companies will grant 30 scholarships to subsidise enrolment on the Wind Farm Technical Maintenance course organised by the Spanish Wind Energy Association (AEE). EDP Renewables (Euronext: EDPR), the fourth-largest renewable energy company in the world, and Vestas, the market leader in the manufacture, sale, installation and maintenance of wind turbines, have … Continue reading EDP Renewables and Vestas launch a new edition of ‘Keep it local’
Continue readingThe need to put the focus on renewable energies and green hydrogen to create a future without energy dependence
Energy markets prices rose even more since the Russian invasion of Ukraine began, putting consumers, especially electro?intensive consumers, and the economy in general in a more critical situation. This highlights the importance of Spain and the European Union achieving the energy independence. The long?term solution lies in renewable energy and green hydrogen, so it is … Continue reading The need to put the focus on renewable energies and green hydrogen to create a future without energy dependence
Continue reading
Iberdrola is confident that the measures announced by the Commission will strengthen the Energy Union and accelerate investments in electrification
The company is poised to reinforce its leadership role by accelerating the deployment of new renewable capacity; increasing interconnections and grids; and maximising storage capacity. The European Commission’s Communication on energy prices is a positive step towards tackling the current crisis and incentivising the investments needed to achieve a more secure and self-sufficient energy system … Continue reading Iberdrola is confident that the measures announced by the Commission will strengthen the Energy Union and accelerate investments in electrification
Continue reading
Nordex Group: preliminary annual figures for 2021 confirm guidance
The Nordex Group (ISIN: DE000A0D6554) today presented its preliminary figures for the 2021 financial year and confirmed its annual guidance revised on 8 November 2021. According to these preliminary figures, the Company generated consolidated sales of EUR 5.4 billion (previous year: EUR 4.7 billion), slightly above the guided range of EUR 5.0 to 5.2 billion. … Continue reading Nordex Group: preliminary annual figures for 2021 confirm guidance
Continue reading
Europe wants more wind energy and other renewables to increase its energy security
Today the European Commission presented new measures in response to the rise in electricity prices across Europe. The measures are strongly influenced by the Russian invasion of Ukraine. The Commission wants Europe to accelerate renewables deployment to increase energy security and in particular reduce its dependency on fossil fuel imports from Russia. WindEurope welcomes the … Continue reading Europe wants more wind energy and other renewables to increase its energy security
Continue reading
