The American Clean Power Association (ACP) released the following statement from ACP Chief Advocacy Officer JC Sandberg after the U.S. Treasury Department issued guidance today on the Advanced Manufacturing Production Tax Credit. “We commend the Administration for the work that went into issuing this important guidance on tax credits that directly support new and expanded … Continue reading ACP Statement on Advanced Manufacturing Production Tax Credit Guidance
Continue readingMonthly Archives: December 2023
China’s solar production costs fall by 42% in last year
New Horizons report says US and Europe can’t compete with Asia manufacturing powerhouse. The cost of producing solar modules in China has dropped by 42% in the last 12 months to US$0.15 per watt (/W) giving manufacturers in the country an enormous cost advantage over international rivals according to a Horizons report from Wood Mackenzie. … Continue reading China’s solar production costs fall by 42% in last year
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COP28 key takeaways: The challenges in accelerating the energy transition
There’s more than one measure of success. Our team was there and witnessed an organisational triumph. The sheer scale of COP28 signalled an event of global interest – over 100,000 attended, bigger than Burning Man, compared with about 10,000 at Kyoto in 1997. And it was inclusive, virtually every country and interest group on the … Continue reading COP28 key takeaways: The challenges in accelerating the energy transition
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Vestas achieves the first wind project with Repsol with the most powerful wind turbines ever installed in Spain
Repsol has placed an order for 31 MW for the STEV wind farm, part of the Delta II project, which will be located in Aragon, Spain. The contract includes the supply and installation of five V162-6.2 MW wind turbines. This is the first order for EnVentus V162-6.2 MW wind turbines in Spain and, once installed, … Continue reading Vestas achieves the first wind project with Repsol with the most powerful wind turbines ever installed in Spain
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EIB delivers its bit of the Wind Power Package with counter-guarantees for wind energy manufacturing
The European Investment Bank (EIB) Board of Directors today announced a €5bn counter-guarantee scheme for wind energy manufacturing. This is the EIB’s key action in the EU Wind Power Package. The counter-guarantees will improve access to finance for wind turbine manufacturers, providing them with the support they need to help boost Europe’s energy security and … Continue reading EIB delivers its bit of the Wind Power Package with counter-guarantees for wind energy manufacturing
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Galileo Empower plans to invest €170 million for project development over 7 years with 6 GW already secured
A joint venture between Empower Renewables and Galileo Green Energy, named Galileo Empower Ltd. (“Galileo Empower” or the “Joint Venture”), is announcing a significant expansion of the partnership as it now targets an overall development pipeline of 10 GW across six key markets in Northern Europe, with the primary objective of delivering high quality renewable … Continue reading Galileo Empower plans to invest €170 million for project development over 7 years with 6 GW already secured
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RWE secures 684-megawatt project together with Mitsui and Osaka Gas in Japanese offshore wind energy auction
Wind farm to be located off the coast of the cities of Murakami and Tainai, Niigata Prefecture Partnership represents a strong combination of long-term expertise in offshore wind and knowledge of the local market.RWE Offshore Wind Japan Murakami-Tainai K.K. has been selected in a consortium together with Mitsui & Co., Ltd. (“Mitsui”) and Osaka Gas … Continue reading RWE secures 684-megawatt project together with Mitsui and Osaka Gas in Japanese offshore wind energy auction
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MingYang produces first 18 MW offshore wind nacelle
Chinese wind turbine manufacturer MingYang Smart Energy has successfully produced its first 18 MW offshore wind turbine nacelle. The nacelle, which houses important components such as the gearbox, generator and control systems, is an integral part of offshore wind turbines. With this achievement, MingYang has joined a small group of companies capable of producing these … Continue reading MingYang produces first 18 MW offshore wind nacelle
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US Energy Storage Installations Set New Record in Q3 2023
The U.S. storage market hit a new high in Q3 2023, installing the most capacity in a quarter to date with 7,322 megawatt hours (MWh) becoming operational in the third quarter of 2023. As outlined in the American Clean Power Association (ACP) and Wood Mackenzie’s latest US Energy Storage Monitor report, the U.S. grid-scale segment … Continue reading US Energy Storage Installations Set New Record in Q3 2023
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CIP and Ignitis Renewables wins Estonia’s first offshore wind energy tender
CIP and Ignitis Renewables wins Estonia’s first offshore wind energy tenderInternational green energy company Ignitis Renewables and Copenhagen Infrastructure Partners (CIP) through its Growth Markets Fund II are the winners of the auction-based competitive tender for development of an offshore wind farm in the Liivi 2 sea area in Estonia, having placed the highest bid … Continue reading CIP and Ignitis Renewables wins Estonia’s first offshore wind energy tender
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American Clean Power Honors Iowa Champions of Clean Energy
The American Clean Power Association (ACP) and Power Up Iowa (PUI) will honor U.S. Senator Chuck Grassley, Governor Kim Reynolds, and Iowa Economic Development Authority (IEDA) Director Debi Durham as Champions of Clean Energy. Thanks to their leadership, Iowa has increased diversification in agriculture income, generated substantial tax revenue for Iowa’s rural communities, and improved … Continue reading American Clean Power Honors Iowa Champions of Clean Energy
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EIA expects combined U.S. solar and wind power generation to surpass coal-fired generation in 2024
The U.S. Energy Information Administration (EIA) expects, for the first year on record, combined electricity generation from wind and solar to surpass generation from coal in 2024. EIA expects solar generation in 2024 to increase 39% (228 kilowatthours) from 2023, driven by continued increases in solar capacity. “Renewables, particularly solar photovoltaics, are growing rapidly and … Continue reading EIA expects combined U.S. solar and wind power generation to surpass coal-fired generation in 2024
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EGP begins construction on a 24 MW wind farm in Zaragoza
Enel Green Power has begun construction of a 24 MW wind farm near the towns of Borja and Fréscano in the province of Zaragoza. The investment associated with this project amounts to 26 million euros. The San Francisco de Borja wind farm will have 7 wind turbines, 5 of them with a unit power of 3.4 … Continue reading EGP begins construction on a 24 MW wind farm in Zaragoza
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ACP Statement on Proposed Central Atlantic Lease Sale and Sunrise Wind Project Moving Forward
The American Clean Power Association (ACP) released the following statement from ACP Chief Policy Officer Frank Macchiarola after the Bureau of Ocean Energy Management (BOEM) announced the Proposed Sale Notice for two Wind Energy Areas in the Central Atlantic and completed the Final Environmental Impact Statement (FEIS) for the Sunrise Wind project. “We are pleased … Continue reading ACP Statement on Proposed Central Atlantic Lease Sale and Sunrise Wind Project Moving Forward
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Nordex installs the first wind turbines with 168-meter hybrid towers of its own development
Nordex Group is currently installing the first N163/5.X turbines at the Karahka wind farm in the Northern Ostrobothnia region of Finland, commissioned by a consortium consisting of Finnish energy supplier Helen Ltd and the Ålandsbanken Wind Power Fund. The unique feature of this wind farm is that it employs Nordex’s first in-house developed hybrid concrete … Continue reading Nordex installs the first wind turbines with 168-meter hybrid towers of its own development
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Concentrated Solar Power, photovoltaic, and wind energy in the first week of December
In the first week of December, gas prices declined, approaching levels seen in early October, before the Hamas attack on Israel. CO2 futures also declined. On December 8, they registered the lowest settlement price since October 2022. Wind energy production increased in most major European electricity markets. In this context, and with electricity demand generally … Continue reading Concentrated Solar Power, photovoltaic, and wind energy in the first week of December
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RWE Continues Offshore Wind Power Success in the U.S.: Awarded 1.3 GW Offtake Wind Farm in
RWE’s joint venture in the New York Bight, Community Offshore Wind, successful in NYSERDA’s third offshore wind solicitation with a provisional offtake award of 1.3 GW for new offshore wind capacity to power at least 500,000 U.S. households.The first phase of Community Offshore Wind will generate $3.3 billion USD in economic benefits for New York … Continue reading RWE Continues Offshore Wind Power Success in the U.S.: Awarded 1.3 GW Offtake Wind Farm in
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Naturgy begins the construction of a new wind farm in Catalonia and plans to reach 250 renewable MW in the Community
The company will invest 40 million euros in this new wind installation, located in the province of Tarragona, which will generate energy equivalent to the consumption of 26,700 homes. Naturgy maintains its commitment to the development of renewable energies in Catalonia, after the incorporation of four new wind farms to its portfolio in the Community. … Continue reading Naturgy begins the construction of a new wind farm in Catalonia and plans to reach 250 renewable MW in the Community
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Van Oord prepares for next-generation offshore wind components
Van Oord, a leading Dutch marine contractor, is preparing its offshore installation vessel, Svanen, for the next generation of wind turbine components for offshore wind. As demand for clean energy continues to rise, offshore wind farms are becoming increasingly popular. Van Oord recognizes the need to improve infrastructure and technology to support the sector and … Continue reading Van Oord prepares for next-generation offshore wind components
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Dark money tied to fossil fuels helped stop offshore wind energy in the US Great Lakes
Dark money, that is, financial contributions from undisclosed sources, has been found to play a major role in obstructing the development of offshore wind energy projects in the Great Lakes region of the United States. The influence of fossil fuel-backed organizations and their secret financial support has prevented the expansion of clean energy initiatives in … Continue reading Dark money tied to fossil fuels helped stop offshore wind energy in the US Great Lakes
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