Vattenfall has today completed the sale of the Norfolk Offshore Wind Zone to RWE. The agreed purchase price corresponds to an enterprise value of £963 million. The deal ensures continued development of the Norfolk Zone which will produce clean power for over four million homes across the UK. Vattenfall will record a capital gain from … Continue reading Vattenfall and RWE conclude sale of Norfolk Offshore Wind Zone
Continue readingMonthly Archives: March 2024
Power capacity additions reached a new benchmark of 473 gigawatts in 2023, but many countries are cut off from the benefits of energy transitions
Renewable Capacity Statistics 2024 released by the International Renewable Energy Agency (IRENA) today shows that 2023 set a new record in renewables deployment in the power sector by reaching a total capacity of 3 870 Gigawatts (GW) globally. Renewables accounted for 86% of capacity additions; however, this growth is unevenly distributed across the world, indicating … Continue reading Power capacity additions reached a new benchmark of 473 gigawatts in 2023, but many countries are cut off from the benefits of energy transitions
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Nordex receives order for 98 MW of wind energy from Sweden
Nordex has received an order from Holmen Energi AB for 98 MW in Sweden. The order also includes a Premium Plus Service for the wind turbines for a period of 30 years. In summer 2025, the Nordex Group will supply and install 14 N163/6.X turbines for the Blisterliden wind farm in a forested area in … Continue reading Nordex receives order for 98 MW of wind energy from Sweden
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Sunrise Wind offshore wind farm receives federal registration
Sunrise Wind today received its Record of Decision (RoD) from the US Department of the Interior’s Bureau of Ocean Energy Management (BOEM), crossing a critical milestone in the federal environmental review process for the offshore wind project serving New York. Additionally, Ørsted and Eversource today announced they have jointly taken a final investment decision on … Continue reading Sunrise Wind offshore wind farm receives federal registration
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EDP Renewables and Walmart sign a new long-term photovoltaic energy purchase and sale agreement in the US.
The agreement adds to a long-standing partnership that includes 431 MW of offtake from both utility-scale and distributed generation sites across North America. EDP Renewables North America LLC (EDPR NA) and Walmart Inc. have signed a 15-year power purchase agreement (PPA) for a part of a 250 MWp (or 180 MWac) solar project in Texas, in the … Continue reading EDP Renewables and Walmart sign a new long-term photovoltaic energy purchase and sale agreement in the US.
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How PPAs Shape the Future of Renewable Energy
As the world is on its path toward a sustainable future, the United States stands at the forefront of the net zero transition. One of the key drivers behind the green energy transformation is the widespread adoption of Power Purchase Agreements (PPAs). Patrick Pfeiffer, Head of Statkraft US, discusses the role of PPAs in shaping … Continue reading How PPAs Shape the Future of Renewable Energy
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ACP Statement on Record of Decision for Sunrise Wind
The American Clean Power Association (ACP) released the following statement from Anne Reynolds, ACP Vice President for Offshore Wind, after the Department of the Interior issued the Record of Decision approving the Sunrise Wind offshore wind project operated by Orsted and Eversource: “It is a great day for the Sunrise Wind project. The Record of … Continue reading ACP Statement on Record of Decision for Sunrise Wind
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China-Nauru cooperation in photovoltaic solar energy
The Pacific island nation Nauru signed up for the Belt and Road Initiative on Monday. Since China and Nauru restored diplomatic ties earlier this year, bilateral win-win cooperation has rapidly expanded, yielding beneficial outcomes for local communities. Nauru, with its beautiful tropical scenery and brilliant sunshine, is endearingly dubbed as a «pearl of the Pacific.» … Continue reading China-Nauru cooperation in photovoltaic solar energy
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Construction of the first wind power plant in Kyrgyzstan will begin in 2025
Rosatom will be ready to start the construction of a wind farm in Kyrgyzstan in the first quarter of 2025. This was announced by the general director of the Rosatom office in Kyrgyzstan, Dmitry Konstantinov, within the framework of the XIII ATOMEXPO Forum. According to him, the cooperation agreement signed today for the construction of … Continue reading Construction of the first wind power plant in Kyrgyzstan will begin in 2025
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Nordex wins order for 336 MW of wind power in South Africa
Nordex has secured an order to supply and install 57 N163/5.X Delta4000 series wind turbines in South Africa. The order also includes a Service contract for the maintenance of the wind turbines. The order refers to a set of three wind farms of 112.1 MW each. The wind farms are located in the Eastern Cape … Continue reading Nordex wins order for 336 MW of wind power in South Africa
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Solar photovoltaic and wind energy production in the third week of March
European electricity market prices resist rising gas and CO2 prices thanks to renewable energy. In the third week of March, European electricity market prices remained at similar levels to those of previous weeks. In most of them, the weekly average decreased compared to the previous week due to low prices registered at the end of … Continue reading Solar photovoltaic and wind energy production in the third week of March
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Offshore wind energy in the US
The most recent U.S. Census states that 44.4 million people, or nearly 14% of the population, live along the Atlantic Coast. That is a lot of people—who need a lot of electricity. And as the country pushes to decarbonize the energy sector, that power needs to increasingly come from renewable sources, like solar and wind. … Continue reading Offshore wind energy in the US
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Chile already has 9,916 MW of photovoltaics (PV)
The Chilean Association of Renewable Energy and Storage (Acera) has shared its monthly report. During February 2024, the generation of electrical energy from renewable energies reached 38.2%. Photovoltaic solar leads renewable generation and was responsible for 22.9% of generation. During February 2024, the maximum hourly participation by renewable energies reached 69.5%, and occurred at 4 … Continue reading Chile already has 9,916 MW of photovoltaics (PV)
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Half of the developers offer batteries in their photovoltaic portfolio in Brazil
Greener published the results of its most recent study on the distributed photovoltaic (PV) generation market in Brazil, revealing some significant trends. Among them, the fact that 49% of respondents said they had hybrid systems in their portfolio stood out, and 12% recorded at least one sale of a kit containing a battery. According to … Continue reading Half of the developers offer batteries in their photovoltaic portfolio in Brazil
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Enerland will build a 66 MWp photovoltaic plant in Guatemala
Enerland, a Spanish company, has announced its expansion in the Guatemalan renewable energy market with the inauguration of its headquarters in the country and the start of construction of its first photovoltaic (PV) plant, Magdalena Solar, with a capacity of 66 MWp.Magdalena Solar is expected to be operational by mid-2025 and generate approximately 141 GWh … Continue reading Enerland will build a 66 MWp photovoltaic plant in Guatemala
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Unergy announces its first agrivoltaic projects in Colombia
While installing photovoltaics (PV) on agricultural land is a controversial topic in Europe, Unergy mini-farms in Latin America offer a real answer to agricultural problems caused by strong sunlight. Unergy, a Latin American CleanTech and FinTech company specialized in financing high-performance renewable energy production assets, announces the implementation of its first agrivoltaic projects in Colombia, … Continue reading Unergy announces its first agrivoltaic projects in Colombia
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ONYX Insight marks 10 years of maximising wind turbine efficiency and performance with over $340m in industry savings delivered
ONYX Insight, a leading independent predictive analytics solution provider, has delivered more than $340m in savings to the wind industry through its fleetMONITOR condition monitoring software. From its inception, the software was designed for owners of mixed assets, enabling centralised analysis of data from multiple CMS systems. The hardware-agnostic software is built to work with … Continue reading ONYX Insight marks 10 years of maximising wind turbine efficiency and performance with over $340m in industry savings delivered
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TÜV SÜD grants Nordex DIBt approval for an internally developed 179-meter hybrid tower for the N175/6.X wind turbine
Development of the N175/6.X, Nordex’s latest wind turbine, and its first planned tower variants is progressing as planned. Throughout this year, the Nordex group will install in Germany the first two highly efficient wind turbines of this type of the Delta4000 series with different hub heights. Two tower concepts will be used here: a 112-meter … Continue reading TÜV SÜD grants Nordex DIBt approval for an internally developed 179-meter hybrid tower for the N175/6.X wind turbine
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Offshore wind turbines get reusable covers
Before offshore wind turbines can be installed, their foundations need to be laid first. On top of each set of foundations stands a monopile with a cover, a temporary solution used to cap the huge tube. In the past, covers tended to be written off and destroyed after use. However, those used in the construction … Continue reading Offshore wind turbines get reusable covers
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France: TotalEnergies Ranks First in Latest National Tender for Rooftop Photovoltaic Solar Projects
TotalEnergies strengthens its position as the market leader in rooftop solar installations in France by ranking first in the latest call for tenders issued by the French Energy Regulatory Commission (CRE), winning more than 80 MWp or 22% of the capacity awarded. This new success strengthens TotalEnergies’ position as one of the major developers in … Continue reading France: TotalEnergies Ranks First in Latest National Tender for Rooftop Photovoltaic Solar Projects
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