European plans to abandon dependence on Russian gas and oil and, in the long term, on all hydrocarbons due to the need to make the energy transition against climate change, are beginning to take shape in national projects. After the European Commission announced on Wednesday its RePowerEU plan to boost renewable energy, four governments took … Continue reading Europe seeks to break dependence on Russia with wind power and solar energy
Continue readingYearly Archives: 2022
RWE successfully issues €2 billion green bond in two tranches
RWE has successfully issued a further green bond with a total volume of €2 billion. The bond was issued in two tranches of €1 billion each with maturities in 2026 and 2030. For the first tranche, the yield-to-maturity amounts to 2.2%, based on a coupon of 2.125% p.a. and an issuance price of 99.652%. For the second … Continue reading RWE successfully issues €2 billion green bond in two tranches
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Floating wind project successfully completes the offshore mooring installation
RWE is well on track to become a leader in floating wind and to have one gigawatt either in operation or under construction by 2030. To gain experience early and pave the way for commercial-scale floating wind, RWE is participating in multiple high-profile floating demonstration projects like the DemoSATH pilot project with Saitec Offshore Technologies. … Continue reading Floating wind project successfully completes the offshore mooring installation
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Record figure for wind turbine installation in 2021
Some 30 wind turbine manufacturers installed 104.7 gigawatts (GW) of new wind power capacity in 2021, a record for that year.According to a report by the Global Wind Energy Council (GWEC), this figure corresponds to the assembly of 29,234 wind turbines around the world last year. Medium-speed wind turbines are gaining in popularity, the data … Continue reading Record figure for wind turbine installation in 2021
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Siemens Gamesa will install its first wind farm in Serbia
The 66MW Kostolac project is the first for Siemens Gamesa in Serbia, and the first wind project for state power company EPS The site to the East of the country will deploy 20 SG 3.3-132 turbines, the most powerful to be used in Serbia Project to sit on former coal mining land as EPS expands … Continue reading Siemens Gamesa will install its first wind farm in Serbia
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Iberdrola to test the world’s first ultra-efficient high-pressure electrolyser in the UK
This project, called GreeNH3, will be supported by the UK Government through the Net Zero Innovation Portfolio Low Carbon Hydrogen Supply 2 programme. The initiative will test whether it is possible to use this new technology on a large scale to reduce the costs of green hydrogen production. Iberdrola, through its subsidiary ScottishPower External link, … Continue reading Iberdrola to test the world’s first ultra-efficient high-pressure electrolyser in the UK
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EDPR and Vestas’ “Keep it local” program selected as one of the 100 Best Ideas in Spain
The end goal of this initiative is to mitigate the effects of rural depopulation by generating employment opportunities for young people living in low-density population areas, while taking advantage of renewable energy development; In the 2021 edition, 30% of the participants found a job in the sector, with EDPR being one of the employers; The … Continue reading EDPR and Vestas’ “Keep it local” program selected as one of the 100 Best Ideas in Spain
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Ocean Winds Submits Bid for Hollandse Kust West tender
Ocean Winds, an international offshore wind energy company created by EDP Renewables (EDPR) and ENGIE (50:50), has submitted a bid to the Dutch Government for the Hollandse Kust West (HKW) Wind Farm Zone Site VI and as such the right to develop around 790 MW of offshore wind capacity. Located at a 53 km distance … Continue reading Ocean Winds Submits Bid for Hollandse Kust West tender
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European electricity markets prices fell favoured by the weather
In the second week of May, the rise in temperatures led to a drop in demand in most of the European markets. The solar energy production increased in general in correspondence with the increase in solar radiation at this time. These factors and gas prices lower than those of the previous week allowed electricity markets … Continue reading European electricity markets prices fell favoured by the weather
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The demand that has a term coverage will be exempt from paying the adjustment of gas prices
The long?awaited Royal Decree?law with the mechanism to limit gas prices in the electricity market was finally published. This article summarises the most outstanding aspects of the RDL. Last Saturday, May 14, Royal Decree?law 10/2022, of May 13, was published, which temporarily establishes a mechanism for adjusting production costs to reduce the electricity price in … Continue reading The demand that has a term coverage will be exempt from paying the adjustment of gas prices
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Wind Turbine Suppliers see record year for deliveries
Wind turbine suppliers supplied a new record amount of volume in 2022, according to GWEC’s annual Supply Side Data. According to the report, 30 wind turbine manufacturers installed 104.7 GW of new wind power capacity in 2021 despite continuing disruptions caused by the COVID-19 pandemic and increasing pressure from commodity price increases and logistical problems. … Continue reading Wind Turbine Suppliers see record year for deliveries
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Swedish Government grants permit for offshore wind farm Kriegers Flak
Vattenfall welcomes the Swedish Government’s decision to grant construction permit of an offshore wind farm at Swedish Kriegers Flak. Kriegers Flak in the south of the Baltic sea is the one of Vattenfall’s Swedish offshore wind projects that has come the furthest in its development. Vattenfall’s application covers 40 to 50 wind turbines with a … Continue reading Swedish Government grants permit for offshore wind farm Kriegers Flak
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World’s first hydrogen-producing offshore wind turbine gets GBP 9.3million funding boost
Vattenfall has been awarded GBP 9.3 million in innovation funding from the Net Zero Innovation Portfolio Low Carbon Hydrogen Supply 2 fund by the UK Government. The funding will be used to develop the world’s first hydrogen-producing offshore wind turbine, with the electrolyzer sited directly onto an existing operational turbine. The pilot project at Vattenfall’s … Continue reading World’s first hydrogen-producing offshore wind turbine gets GBP 9.3million funding boost
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Spain will double employment in wind power by 2030 and will exceed 67,000 job
In the world, there are more than 12 million jobs dedicated to renewable energies. In Spain, the wind sector employs more than 30,000 people and this figure may exceed 67,000 jobs in 2030.The development of offshore wind power in the world means that the demand for professionals in this technology will triple by the end … Continue reading Spain will double employment in wind power by 2030 and will exceed 67,000 job
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OX2 hands over Åndberg wind farm in Sweden
OX2 hands over the Åndberg wind farm in Sweden to the private investment house Ardian. With 53 wind turbines and a total capacity of 286 MW, Åndberg is OX2’s second largest wind farm commissioned in Sweden In 2018 OX2 acquired and started to develop the Åndberg wind farm in the region of Härjedalen in Sweden. … Continue reading OX2 hands over Åndberg wind farm in Sweden
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Naturgy is investing 264 million euros in its first photovoltaic plant in the United States
Naturgy has started construction of its first renewable energy facility in the United States, the 7V Solar Ranch photovoltaic plant, in the state of Texas, which will have an installed capacity of 300 MWdc. The project investment will amount to 264 million euros. The plant, which is scheduled to begin commercial operation before the end … Continue reading Naturgy is investing 264 million euros in its first photovoltaic plant in the United States
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Iberdrola and Qatar sign agreement to strengthen their strategic alliance in innovation
They will address technological challenges related to innovation and digitalisation in smart grids, renewable energy integration and energy efficiency. Iberdrola and the Qatar Investment Promotion Agency (IPA Qatar) are joining forces to promote the energy company’s leading innovation centre, with the aim of advancing the digitalisation of Qatar’s electricity sector. The agreement will enable the … Continue reading Iberdrola and Qatar sign agreement to strengthen their strategic alliance in innovation
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Nordex installs first N163/6.X wind turbine
Nordex has installed the world’s first N163/6.X wind turbine in the Delta4000 series. As recently as September 2021 the company announced the launch of the N163/6.X and thus its entry into the 6-MW class. The premiered wind turbine is now being installed as part of the installation work in the Zeebiestocht and Olsterwind wind farms … Continue reading Nordex installs first N163/6.X wind turbine
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Brazil’s Petrobras sees offshore wind power as alternative for the long-term
The chief executive of Brazil’s state-run oil company Petrobras, Jose Mauro Coelho, said on Wednesday that offshore wind power is among the alternatives being studied by the firm for the long run. Speaking at an event about carbon markets, Coelho said he sees potential synergies between offshore wind power and Petrobras’ leading position in oil … Continue reading Brazil’s Petrobras sees offshore wind power as alternative for the long-term
Continue readingEurope puts fast permitting of wind power at the heart of its energy security plan
The European Commission has presented a new package of measures to help the EU wean itself off Russian fossil fuels well before 2030. The “REPowerEU Action Plan” spells out that renewables are at the core of Europe’s energy security. And crucially it tackles the permitting bottlenecks that are holding back the expansion of wind and solar. … Continue reading Europe puts fast permitting of wind power at the heart of its energy security plan
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