Shanghai Electric Wind Power Group (“Shanghai Electric Wind Power” or “the Company”) has been named as one of the top five wind turbine manufacturers in China, with its newly added offshore wind capacity overtaking all the other industry players in China in 2021, according to BloombergNEF’s China’s Top 10 Wind Turbine Manufacturers in 2021 report. … Continue reading BloombergNEF Ranks Shanghai Electric Wind Power Group in Top Five Wind Turbine Manufacturers of 2021 in China
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30+ Organizations Urge Congress to Support Robust Transmission Funding in FY 2023 Budget
A diverse coalition of more than 30 clean energy organizations, environmental nonprofits, labor unions, consumer groups, developers and other companies sent a joint letter to Congress today urging robust funding for high-voltage transmission deployment and research in the Department of Energy’s FY 2023 budget. In the letter, the organizations stated their support for the critical … Continue reading 30+ Organizations Urge Congress to Support Robust Transmission Funding in FY 2023 Budget
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Brazil will announce wind energy project in the NE equivalent to 50 Itaipus
President Jair Bolsonaro said this Friday morning that he will soon announce a wind energy project on the coast of the Northeast region together with the private sector that could, on its own, generate electricity equivalent to 50 hydroelectric plants in Itaipu.In an interview with Rádio Metrópole FM, from Cuiabá (MT), Bolsonaro did not specify … Continue reading Brazil will announce wind energy project in the NE equivalent to 50 Itaipus
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Clorox, Enel Sign PPA for 25 Mile Creek Wind Farm
The Clorox Co. has signed a 12-year, 47 MW virtual power purchase agreement (VPPA) with Enel Green Power North America to purchase renewable electricity beginning in 2023. This deal supports its commitment to 100% renewable electricity for its U.S. and Canada operations. When it goes into effect, this deal is expected to support about half … Continue reading Clorox, Enel Sign PPA for 25 Mile Creek Wind Farm
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RWE starts approval procedure for hydrogen storage facility in Gronau
RWE Gas Storage West is contributing towards ramping up the European hydrogen economy as part of the GET H2 initiative. In this context, a new section for hydrogen is to be constructed at the natural gas cavern storage facilities at Kottiger Hook by 2026. Most of Germany’s first commercial hydrogen cavern storage facility is to … Continue reading RWE starts approval procedure for hydrogen storage facility in Gronau
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First quarter 2022: War in Ukraine dominated energy market sentiment
The war in Ukraine and its related market volatility pose great challenges for the European energy system. In the wake of what was a financially exceptional year, the expectation is that this year will be more normal. Vattenfall’s President and CEO Anna Borg comments on the interim report for January-March 2022: “We are two months … Continue reading First quarter 2022: War in Ukraine dominated energy market sentiment
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Ørsted’s Board of Directors approved the interim report for the first three months of 2022.
Our operating profit (EBITDA) totalled DKK 9.4 billion, an increase of DKK 4.6 billion compared to Q1 2021. The gain from the 50 % farm-down of Borkum Riffgrund 3 amounted to DKK 1.6 billion. EBITDA excluding new partnerships amounted to DKK 7.8 billion, DKK 3.0 billion higher than in the same period last year. Net profit … Continue reading Ørsted’s Board of Directors approved the interim report for the first three months of 2022.
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The US is about to build lots of offshore wind power, what can it learn from Europe?
WindEurope CEO Giles Dickson moderated the US-EU Energy Council High-Level Business Forum on Offshore Wind in New Jersey on 27 April. The Forum was led by US Secretary of Energy, Jennifer Granholm, and EU Commissioner for Energy, Kadri Simson. It was held in conjunction with the International Offshore Wind Partnering Forum (IPF) Other speakers included … Continue reading The US is about to build lots of offshore wind power, what can it learn from Europe?
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EU electricity market rules must support wind energy and renewables investments
Today the EU Agency for the Cooperation of Energy Regulators (ACER) issued its final assessment of the EU electricity market design. It comes at a time of volatile electricity prices and unprecedented supply insecurity linked to Russia’s invasion of Ukraine. Its core message is the EU must maintain its electricity price setting mechanism and preserve the Internal Energy Market, … Continue reading EU electricity market rules must support wind energy and renewables investments
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Secretary of Energy Granholm to address CLEANPOWER 2022
The American Clean Power Association (ACP) announced that Secretary of Energy Jennifer Granholm will give a virtual address at CLEANPOWER 2022, the nation’s preeminent renewable energy conference. CLEANPOWER will again bring together the industry’s thought leaders and decision makers to discuss and showcase the most important issues facing the energy industry today. The conference focused … Continue reading Secretary of Energy Granholm to address CLEANPOWER 2022
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Tierra del Fuego and MMEX jointly announce the potential development of a green hydrogen
Today, the Province of Tierra del Fuego and MMEX jointly announce the potential development of a green hydrogen project in the Río Grande area. The Governor of the Province of Tierra del Fuego, Mr. Gustavo Adrian Melella, announced that, “MMEX, a North American company with operations in Texas USA with extensive experience in the implementation, … Continue reading Tierra del Fuego and MMEX jointly announce the potential development of a green hydrogen
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European electricity markets prices fell again thanks to wind energy
In the third week of April, the wind energy production increased in most European markets, which, together with lower demand in several markets, favoured the decrease in electricity markets prices. During the weekend, negative prices were reached in Belgium and the Netherlands and in the Iberian market some hours registered prices of €1.17/MWh. Gas and … Continue reading European electricity markets prices fell again thanks to wind energy
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Ørsted takes final investment decision on 201 MW onshore wind farm Sunflower Wind in Kansas, US
Ørsted’s Board of Directors has taken final investment decision (FID) on onshore wind farm Sunflower Wind in Kansas. The 201 MW wind farm will be located in Marion County, mid-Kansas, and will become Ørsted’s fourth onshore wind farm in the Southwest Power Pool (SPP) energy market. The project was acquired together with Lincoln Land Wind … Continue reading Ørsted takes final investment decision on 201 MW onshore wind farm Sunflower Wind in Kansas, US
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Secretary Raimondo Has the Legal Authority to Put the Solar Industry Back on Track in the Next Few Weeks
U.S. Commerce Secretary Gina Raimondo was on Capitol Hill Wednesday for a hearing on the Commerce Department’s fiscal 2023 budget request, but it wasn’t just her budget that she ended up having to defend from skeptical questions. The Secretary found herself on the hot seat over the Biden Administration’s decision to take up a cynical, … Continue reading Secretary Raimondo Has the Legal Authority to Put the Solar Industry Back on Track in the Next Few Weeks
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U.S. identifies possible wind power areas off Oregon, Atlantic coasts
The Biden administration on Wednesday identified new areas for potential offshore wind development off the coasts of Oregon and several central Atlantic states, its latest step toward bolstering the nascent U.S. industry. Offshore wind is a key pillar of President Joe Biden’s plan to fight climate change by decarbonizing the U.S. power sector by 2035 … Continue reading U.S. identifies possible wind power areas off Oregon, Atlantic coasts
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American Clean Power praises BOEM for advancing offshore wind lease sales on Oregon and Central Atlantic coasts
The American Clean Power Association (ACP) today praised the Bureau of Ocean Energy Management (BOEM) and the Department of Interior (DOI) for advancing U.S. offshore wind deployment with its announcement of two separate Calls for Information and Nominations for possible leasing in areas that are determined to be suitable off the coast of Oregon and … Continue reading American Clean Power praises BOEM for advancing offshore wind lease sales on Oregon and Central Atlantic coasts
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Iberdrola signs its largest green loan in the amount of €1 billion
The funds will mainly finance the purchase of wind turbines for both onshore and offshore wind farms for Iberdrola’s projects in Spain, Poland, Greece, Germany and the UK. Iberdrola is once again taking a decisive step towards green financing. The company chaired by Ignacio Galán has signed its largest green loan with Banco Santander for … Continue reading Iberdrola signs its largest green loan in the amount of €1 billion
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Envision Energy is awarded a 2,000 MW wind power contract in India
Envision Energy today announced that it has been awarded a 2000 MW wind turbine order in India. The 596 wind turbines, all manufactured in Envision’s India factory, will be delivered by the end of 2023. Envision will supply and commission its state-of-the-art EN156/3.3 wind turbines for the projects. EN 156/3.3 has a 156m rotor – … Continue reading Envision Energy is awarded a 2,000 MW wind power contract in India
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Statkraft to supply wind power for Solvay in Finland
Solvay has signed a 10-year Utility Power Purchasing Agreement (PPA) with hydropower company Statkraft to purchase electricity produced by the Pajuperankangas wind farm. The agreement will enable the Group’s Voikkaa site in Finland to operate on 100% wind-generated electricity, helping to decarbonize the production of hydrogen peroxide at the site and contributing to the achievement … Continue reading Statkraft to supply wind power for Solvay in Finland
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Iberdrola posts €1.05 billion net income in Q1, up 3%
Iberdrola Spain’s net income fell by 29%. In comparison, Avangrid posted a 33% increase and Neoenergia increased by 20%. Spain’s contribution represents less than a third of the company’s total earnings, due to high energy prices which have not been passed on to customers with previously agreed fixed prices. Growth driven by investment in renewables … Continue reading Iberdrola posts €1.05 billion net income in Q1, up 3%
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