Strong partnership: RWE has signed an agreement with Jan De Nul Group, a Luxembourg-based leading provider of key maritime services, to secure the long-term usage of two next-generation installation vessels for future offshore wind foundation and turbine construction. The charters are supported by a Service Agreement through which Jan De Nul Group will provide both … Continue reading RWE enters into partnership with Jan De Nul including long-term charter of next-generation installation vessels, securing construction of future offshore wind farms
Continue readingMonthly Archives: June 2023
MOU finalized to grow offshore wind power in Vietnam
A Memorandum of Understanding to deliver one of Vietnam’s first offshore wind power assets has been signed by DNV, IE, and PTSC M&C. With the Government of Vietnam recently approving Power Development Plan 8, offshore wind power development is considered one of the workable options for Vietnam’s energy transition. The MOU is expected to promote … Continue reading MOU finalized to grow offshore wind power in Vietnam
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Capital Energy and Lhyfe join forces to generate green hydrogen associated with offshore wind in Spain and Portugal
Capital Energy, a Spanish energy company born more than two decades ago and whose vocation is to become the first 100% vertically integrated renewable operator in the Iberian Peninsula, and Lhyfe, one of the world pioneers in the production of green hydrogen and in generation projects of offshore hydrogen, have signed a collaboration agreement whose … Continue reading Capital Energy and Lhyfe join forces to generate green hydrogen associated with offshore wind in Spain and Portugal
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Oman’s huge renewable hydrogen potential can bring multiple benefits in its journey to net zero emissions
Oman’s high-quality renewable energy resources and vast tracts of available land make it well placed to produce large quantities of low-emissions hydrogen – a fledgling industry today that can attract investment to diversify and expand the country’s export revenues while reducing its natural gas consumption and emissions, according to a new IEA report released today. … Continue reading Oman’s huge renewable hydrogen potential can bring multiple benefits in its journey to net zero emissions
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Iberdrola signs a €1,000 million loan with the EIB to accelerate the energy transition in Europe
The European Investment Bank (EIB) and Iberdrola have signed a new financing agreement worth €1 billion to fast forward the energy transition in Europe by building an extensive network of 19 solar power plants and 3 onshore wind farms in Spain, Portugal and Germany. With a total installed capacity of 2.2 GW, the projects envisage … Continue reading Iberdrola signs a €1,000 million loan with the EIB to accelerate the energy transition in Europe
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Naturgy grows its presence in Australia with a new wind farm
The new facility, Berrybank 2, has an installed capacity of 109 MW and will produce clean energy to power over 71,000 homes in the state of Victoria. Commencement of operation of the new wind farm coincides with the 15th anniversary of the energy group’s activity in Australia, a priority country for the company’s renewable energy … Continue reading Naturgy grows its presence in Australia with a new wind farm
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Germany gets 1/3 of its Electricity from Wind, 48% from Renewables in First Quarter
Wind power has become Germany’s most important electricity source again in the first quarter of 2023, according to an analysis by the statistical office Destatis. Onshore and offshore turbines supplied nearly one third (32.2%) of the electricity produced between January and March, while total electricity production was 7.8 percent lower than in the year before. … Continue reading Germany gets 1/3 of its Electricity from Wind, 48% from Renewables in First Quarter
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Ørsted issues blue bonds, vows to recycle solar panels, wind turbines
On World Ocean Day, Ørsted has become the first energy company in the world to issue blue bonds. The five-year, EUR 100 million blue bond was issued in a private placement format in accordance with the IFC Blue Finance Guidelines. Net proceeds from the issuance will be allocated to investments in offshore biodiversity, in line … Continue reading Ørsted issues blue bonds, vows to recycle solar panels, wind turbines
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Vestas wins 221 MW order in Scotland
Vestas has received a firm order from North Kyle Wind Farm Limited, part of Brockwell Energy Limited, for the North Kyle wind park in East Ayrshire, Scotland. The order consists of 49 V136-4.5 MW wind turbines and includes supply, delivery, and commissioning of the turbines. Upon completion, Vestas will service the turbines under a 30-year … Continue reading Vestas wins 221 MW order in Scotland
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TotalEnergies signs a 25-year PPA for a 1 GW Wind Project in Kazakhstan
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) confirms its commitment to the energy transition in Kazakhstan with the signature of a Power Purchase Agreement (PPA) for the Mirny project. This will be the first PPA signed in the country for a wind project of such scale. Located in the Zhambyl region, the project aims to build a 1 … Continue reading TotalEnergies signs a 25-year PPA for a 1 GW Wind Project in Kazakhstan
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Despite policy and technological progress, the 1.5-degree ambition is becoming increasingly difficult to achieve
Energy Perspectives paints the outcome space for the long-term development of the world’s energy markets. Driven by factors such as geopolitics, technology, climate and energy policy, and company and consumer behaviour, energy demand projections are made, but become increasingly uncertain the further out in time we forecast. The world is far from being on track … Continue reading Despite policy and technological progress, the 1.5-degree ambition is becoming increasingly difficult to achieve
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Iberdrola seals with Trammo the largest agreement in Europe for the export of green ammonia
Iberdrola, a world leader in green energy, and Trammo, the world largest seaborne trader of anhydrous ammonia, have signed the largest green ammonia framework agreement in Europe to date for the purchase and sale of up to 100,000 tons of green ammonia per year from 2026. The contract will enable Iberdrola to construct the first … Continue reading Iberdrola seals with Trammo the largest agreement in Europe for the export of green ammonia
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Vestas secures 161 MW order from Neoen for two wind projects in Finland
Vestas has received an engineering, procurement and construction (EPC) orderfor two wind projects totalling 161 MW to build Neoen’s and Prokon’s jointly owned Lumivaara and Storbötet wind farms in Finland. The order for the 105 MW Storbötet project in the municipality of Uusikaarlepyy consists of 17 V162-6.2 MW wind turbines, while the order for the … Continue reading Vestas secures 161 MW order from Neoen for two wind projects in Finland
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County Administrative Board gives green light to offshore wind farm Triton outside Sweden
The County Administrative Board of Skåne has decided that the offshore wind farm Triton can get permission to be built according to the Act on Sweden’s exclusive economic zone. OX2 and Ingka Investments welcome the decision and if the government gives final approval construction could start already 2027. In its decision the County Administrative Board … Continue reading County Administrative Board gives green light to offshore wind farm Triton outside Sweden
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Ingeteam unveils a new range of inverters for residential, commercial, industrial, and large photovoltaic plants
The Intersolar Europe trade fair, part of The Smarter E Europe event, will host the official presentation of Ingeteam’s new range of photovoltaic and hybrid inverters. This range of products is aimed at the residential, commercial, and industrial segments, as well as large photovoltaic power plants, with single-phase and three-phase models ranging from 3 kW … Continue reading Ingeteam unveils a new range of inverters for residential, commercial, industrial, and large photovoltaic plants
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RWE Generation Supervisory Board extends contract of COO Hydrogen Sopna Sury
At its meeting today, the Supervisory Board of RWE Generation decided to extend Dr Sopna Sury’s contract as Chief Operating Officer (COO) Hydrogen on the RWE Generation Executive Board by five years as of 1 February 2024. Sury has been in charge of the Executive Board’s hydrogen portfolio since it was created in February 2021, … Continue reading RWE Generation Supervisory Board extends contract of COO Hydrogen Sopna Sury
Continue readingØrsted confirms its ambition of ~50 GW of wind and solar by 2030
Ørsted will host a Capital Markets Day (CMD) on 8 June 2023 to present recent progress and strategic updates on its ambition to become the world’s leading green energy major. Ørsted is committed to the following ambitions, financial targets, and financial policies for 2023-2030: Ørsted expects to outperform EBITDA and ROCE targets set in 2021Ørsted has … Continue reading Ørsted confirms its ambition of ~50 GW of wind and solar by 2030
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Naturgy increases its presence in wind power in Australia with a new wind farm
The new facility, Berrybank 2, has an installed capacity of 109 MW and will produce wind energy to supply more than 71,000 homes in the State of Victoria.The entry into operation of the new wind farm coincides with the 15th anniversary of the start of the activity of the energy group in Australia, a priority … Continue reading Naturgy increases its presence in wind power in Australia with a new wind farm
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Egypt, UAE firm sign 10-bln-USD deal to build wind power plant
An agreement to build a wind power plant in Upper Egypt’s Sohag province was signed on Tuesday between Egypt’s Ministry of Electricity and Masdar, a renewable energy developer based in the United Arab Emirates (UAE). Egypt’s $10-billion wind energy project announced last year moved one step closer to its execution after the consortium responsible for … Continue reading Egypt, UAE firm sign 10-bln-USD deal to build wind power plant
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Wind power once again Germany’s most important electricity source
Despite a slight decrease in electricity generation compared to the same quarter of last year, wind power reached a share of 32.2 percent in Europe’s largest economy in the first quarter of 2023. Wind energy once again replaced coal as Germany’s most important source of electricity, according to preliminary figures published by the Federal Statistical … Continue reading Wind power once again Germany’s most important electricity source
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