With its long coastline, high mountains and sunny Mediterranean islands, Italy should be well placed to increase its production of renewable energy. The challenge is to link power production with consumption over long distances and complex topography. Italy is the fourth-largest energy consumer in Europe, after Germany, France and the United Kingdom. Its per capita … Continue reading Faster progress on renewables in Italy?
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Vestas partners with PEC Energia for 86 MW of wind power in Brazil
PEC Energia, an Engeform Energia Renovável company, has signed an agreement with Vestas to supply wind turbines to the Serra das Vacas wind farm in the state of Pernambuco, Brazil. The project will feature 19 V150-4.5 MW wind turbines that Vestas will supply and install. Upon completion, Vestas will also deliver a 25-year Active Output … Continue reading Vestas partners with PEC Energia for 86 MW of wind power in Brazil
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Unlocking India’s Offshore Wind power Market
India’s prospects for offshore wind energy are good, given the country’s 7,600 kilometers of coastline. In fact, the government estimates that two states alone, Gujarat and Tamil Nadu, have about 70 gigawatts (GW) of potential offshore wind power—enough to power more than 50 million homes. Yet for India to realize this energy potential and move … Continue reading Unlocking India’s Offshore Wind power Market
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Wind power and solar energy costs have increased, but much less than those of fossil fuels
Global increases in the cost of materials, freight, fuel and labor have set prices for new-build wind and solar back to where they were in 2019, according to a new report from BloombergNEF – but the setback for renewables is temporary, while for fossil fuels the cost gap continues to widen. The BloombergNEF report, published … Continue reading Wind power and solar energy costs have increased, but much less than those of fossil fuels
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Enercon secures financing for 134.4 MW wind farm in Sweden
ENERCON reaches financial close under a EUR 118m senior facilities agreement with DNB Bank ASA (“DNB Bank”) who acted as the sole mandated lead arranger. The bridge financing is dedicated for the construction of wind farm Ersträsk North with a total capacity of 134.4 MW located in the Markbygden area. The project was sold in … Continue reading Enercon secures financing for 134.4 MW wind farm in Sweden
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Iberdrola wins its largest network project in the world: it will build a 1,700-kilometre power line in Brazil
It has won two lots in the auction: one of 1,707 kilometres between the states of Minas Gerais and São Paulo and the other, located in Mato Grosso do Sul. They will involve an investment of 1 billion euros and will create more than 11,000 jobs during construction. The acquisition of the assets reinforces the … Continue reading Iberdrola wins its largest network project in the world: it will build a 1,700-kilometre power line in Brazil
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RWE commissions its first floating photovoltaic project
RWE, one of the world’s leading companies for renewable energy, has commissioned its first floating photovoltaic (PV) project. The project consists of around 13,400 solar panels that float on a lake near the Amer power plant in Geertruidenberg, in the Netherlands’ province of Noord-Brabant. The innovative solar field has an installed capacity of 6.1 megawatts … Continue reading RWE commissions its first floating photovoltaic project
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The wind energy industry needs a minimum profitability
Siemens Gamesa and Vestas are both losing money and to reach ambitious goals, the European wind industry must rein in its attempts to reduce the cost of building wind turbines.Siemens Energy reported losses of more than €600 million, while Vestas reports an operating loss of €894 million.K2 Management believes that unless the relentless drive to … Continue reading The wind energy industry needs a minimum profitability
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Vestas sells Delta wind project in the USA
Vestas has sold the 183 MW Delta wind project to The AES Corporation, a global energy company. The project is developed by Steelhead Americas, Vestas’ North American development arm, and marks a key milestone in Vestas’ efforts to expand its presence in renewable energy development and unlock new US markets to propel a sustainable future. … Continue reading Vestas sells Delta wind project in the USA
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Iberdrola reaffirms its investment of more than £3 billion in UK networks
Its subsidiary ScottishPower, the first 100% green energy company in the British Isles, will continue to work with Ofgem to finalise the details of its investment plan for the 2023-2028 period, within the RIIO-ED2 regulatory framework. The investments will contribute to boosting the economy and employment: it plans to hire more than 1,100 professionals and … Continue reading Iberdrola reaffirms its investment of more than £3 billion in UK networks
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Vestas wins an order for 135 MW of wind power in Finland
Vestas has received a new order for 135 MW from Ilmatar Energy Oy for four projects in Finland. This order marks the next cooperation with Ilmatar Energy, a long-term customer, after a 221 MW order in June last year for another Finnish wind farm. The order includes the supply, installation and commissioning of the V162-6.2 … Continue reading Vestas wins an order for 135 MW of wind power in Finland
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Fernández, Quintela and Darío Martínez started the works of the Arauco III Wind Farm in La Rioja
The President of the Nation, Alberto Fernández, the Governor of the province of La Rioja, Ricardo Quintela, and the Secretary of Energy of the Nation, Darío Martínez, led the inauguration of the works of the “Arauco III Wind Farm”. With an investment of 120 million dollars, 28 new wind turbines will be added, adding 100 … Continue reading Fernández, Quintela and Darío Martínez started the works of the Arauco III Wind Farm in La Rioja
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