Envision Energy, a global leading green tech company, announced the signing of a Power Purchase Agreement (PPA) on September 4th, 2022 with Bangladesh’s state-owned utility, Bangladesh Power Development Board (BPDB). According to the agreement, Envision Energy will build a 55MW wind farm at Mongla in Bagerhat, and BPDB has committed to purchase all the electricity … Continue reading Envision Energy signs 20-year PPA in Bangladesh
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European businesses want to source renewables to tackle energy crisis; but emergency measures risk threatening PPA market
In the midst of Europe’s energy crisis, caused by the Russian invasion of Ukraine and its subsequent cuts of gas exports to Europe, the RE-Source 2022 event started today. Organised by the RE-Source Platform, Europe’s largest corporate renewable electricity sourcing event will gather 1,000 key players in Amsterdam to exchange on renewable Power Purchase Agreements … Continue reading European businesses want to source renewables to tackle energy crisis; but emergency measures risk threatening PPA market
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Endesa and Alcoa agree PPA for wind energy in Galicia
Both companies have signed a PPA (Power Purchase Agreement) that also incorporates energy management agreements that Alcoa may have with other companies.Endesa will provide 1,151 GWh per year at a stable price that will come from part of the energy generated by 816 MW of wind farms in process in the north of Galicia. The … Continue reading Endesa and Alcoa agree PPA for wind energy in Galicia
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RWE has signed a contract to explore the feasibility of deploying up to 1 GW of floating wind in the Celtic Sea
The Celtic Sea region offers a huge opportunity to develop large-scale, commercial floating offshore wind and RWE as the largest energy producer and renewables operator in Wales, wants to play a part in its delivery. In anticipation of this, RWE has commissioned Swansea-based Marine Power Systems (MPS) to develop a project plan for delivering up … Continue reading RWE has signed a contract to explore the feasibility of deploying up to 1 GW of floating wind in the Celtic Sea
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European electricity markets prices registered historical highs in the third quarter of 2022
In the third quarter of 2022, prices of all analysed European electricity markets increased. The high gas and CO2 emission rights prices caused the quarterly averages to exceed €345/MWh in almost all European electricity markets. These prices are the highest registered so far in the European electricity markets. European electricity markets In the third quarter … Continue reading European electricity markets prices registered historical highs in the third quarter of 2022
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More than 70,000 installations already enjoy self-consumption thanks to Iberdrola’s network
The installations connected to the grid of i-DE, Iberdrola’s distribution company in Spain, have a combined capacity of more than 900 MW, the equivalent of two large combined cycle plants. 98% of self-consumers feed energy into the grid during the day and recover it when they need it. Iberdrola has now exceeded 70,000 self-consumption installations … Continue reading More than 70,000 installations already enjoy self-consumption thanks to Iberdrola’s network
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Atlantic Shores selects Vestas as preferred turbine supplier for its 1.5 GW project in New Jersey, USA
After a thorough and competitive process, Atlantic Shores Offshore Wind (Atlantic Shores), a 50:50 partnership between Shell New Energies and EDF Renewables, is proud to announce its selection of Vestas as the preferred supplier for its 1.5 GW offshore wind project in New Jersey, USA. Vestas will provide its industry leading V236-15.0 MW™ offshore … Continue reading Atlantic Shores selects Vestas as preferred turbine supplier for its 1.5 GW project in New Jersey, USA
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First offshore wind farm in France
The President of France, Emmanuel Macron, inaugurates today off the Atlantic coast of Saint-Nazaire, the first of a series of offshore wind farms that he intends to start up in the face of the energy crisis. In the morning, Macron will visit by boat the site of the 80 wind turbines, deployed at a distance … Continue reading First offshore wind farm in France
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6 points for Governments as you implement the EU’s new revenue cap on power generation
EU Energy Ministers have agreed a new revenue cap for inframarginal power generation of €180/MWh. National governments will now implement this. But they are allowed to deviate from the single EU-wide cap and set different caps for different technologies. Herein lies the danger. Poor implementation of the new rules would make it difficult to build … Continue reading 6 points for Governments as you implement the EU’s new revenue cap on power generation
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“ENERCON is back!”- Management is taking a positive view of the trade fair
ENERCON’s appearance this week at the international trade fair Hamburg WindEnergy exceeded the expectations of the management. “I am thrilled and proud,” ENERCON CEO Dr. Jürgen Zeschky summed up with satisfaction today on the last day of the trade fair. “With our new top model E-175 EP5, which had its premiere in Hamburg, and our … Continue reading “ENERCON is back!”- Management is taking a positive view of the trade fair
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Nordex receives orders for 100 MW of wind power in Finland from Exilion Tuuli
Finland’s largest wind power operator, Finnish investor Exilion Tuuli Ky, ordered the Nordex Group at the end of September to supply and install 17 N163/5.X wind turbines for the “Isokangas” and “Palokangas” wind farms. Both orders also include a Premium Service for the turbines that covers a period of 30 years. The “Isokangas” and “Palokangas” … Continue reading Nordex receives orders for 100 MW of wind power in Finland from Exilion Tuuli
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BayWa r.e. and BT Group sign a Virtual PPA for an onshore wind farm in Scotland
BayWa r.e., a global company specializing in renewable energy, and BT Group, the UK’s leading telecommunications and network provider, have signed a Virtual Power Purchase Agreement (VPPA) for the Dalquhandy wind farm , in South Lanarkshire, Scotland. This is one of the first deals of its kind to take place in the UK. Under the … Continue reading BayWa r.e. and BT Group sign a Virtual PPA for an onshore wind farm in Scotland
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Wind power generated 20.8% of electricity in Spain until September
The demand for electricity in Spain fell by 3.5% in September. Wind power generated 20.8% until September, Concentrated Solar Power 1.8% and photovoltaic 11%.This decrease is observed once the effects of labor and temperatures during that month have been corrected.37.2% of electricity production in September in Spain was renewable and 58.2% did not emit CO2 … Continue reading Wind power generated 20.8% of electricity in Spain until September
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EDP Renewables Celebrates the Start of Construction on the Indiana Crossroads II Wind Farm
With 1,400 megawatts of installed renewable energy capacity in Indiana, EDP Renewables will strengthen its position as the top wind energy producer in the state with this new 202-megawatt wind farm. EDP Renewables North America (EDPR NA), a leading renewable energy developer and operator in North America, announces the start of construction at the 202-megawatt (MW) Indiana … Continue reading EDP Renewables Celebrates the Start of Construction on the Indiana Crossroads II Wind Farm
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Agreement on coal phase-out 2030 and strengthening security of supply in the energy crisis
Earlier coal phase-out contributes significantly to achieving German climate protection goals. Neurath D and E power plant units to remain temporarily on the grid to strengthen security of supply and displace gas from electricity generation. Necessary staff reductions to be implemented in a socially responsible way. RWE is ready to end lignite-based electricity generation in … Continue reading Agreement on coal phase-out 2030 and strengthening security of supply in the energy crisis
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Significant increase in solar energy production in the third quarter in European markets compared to 2021
In the third quarter of 2022, the solar energy production increased in all analysed European markets compared to the same quarter of 2021. The largest increase, of 42%, was reached in the markets of France and Portugal. The increase in installed photovoltaic capacity in this period reached 28% in Spain and 46% in Portugal. In … Continue reading Significant increase in solar energy production in the third quarter in European markets compared to 2021
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Iberdrola and EIB sign a €220 million green loan top-up to boost smart grids in Spain
The funds, totalling €820 million, are earmarked for the infrastructure investment plan of i-DE, Iberdrola’s electricity distribution company in Spain The project, which will maintain 10,000 jobs per year, is contributing to the electrification of the Spanish economy and to increasing the efficiency of the distribution network These additional resources will facilitate the execution of … Continue reading Iberdrola and EIB sign a €220 million green loan top-up to boost smart grids in Spain
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Onshore wind continues to evolve with the new Siemens Gamesa 5.X platform upgrade to 7-MW
The company has increased the power of its Siemens Gamesa 5.X platform, one of the most competitive in the onshore wind turbine segment, and which can now offer up to 7 MW. Since their launch, more than 4.5 GW of these wind turbines have been sold. The new SG 7.0-170 turbine will offer one of … Continue reading Onshore wind continues to evolve with the new Siemens Gamesa 5.X platform upgrade to 7-MW
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Women Entrepreneurs Invited to Be in the Vanguard of Africa’s Energy Transition
Jane Jamila Nakasamu is on a mission to bring clean energy solutions to the rural communities in Zambia. The 26-year-old has been working tirelessly in promoting bioenergy as an alternative to charcoal and firewood in lower-income families, to increase access to clean cooking. “We work closely with women in these communities to enable a mindset … Continue reading Women Entrepreneurs Invited to Be in the Vanguard of Africa’s Energy Transition
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Vattenfall signs grid contract with Siemens Energy and Aker Solutions
Vattenfall has signed a contract with Siemens Energy and Aker Solutions AS to deliver grid connection infrastructure for the Norfolk Boreas Offshore Wind Farm off the British coast. The contract gives Siemens Energy and Aker Solutions the responsibility for engineering, procurement, construction and installation of the High Voltage Direct Current (HVDC) onshore and offshore substations … Continue reading Vattenfall signs grid contract with Siemens Energy and Aker Solutions
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