OX2 has closed an agreement to sell a 99.2 MW onshore wind project in Romania to Nala Renewables, a joint venture between IFM Investors and Trafigura. The agreement includes construction of the wind farm and the contract value is 2.48 billion SEK*. The project is located in the Eastern part of Romania and will consist of 16 … Continue reading OX2 sells 99 MW wind farm in Romania for 2.5 billion SEK
Continue readingMonthly Archives: August 2024
US community photovoltaic market to break 14 GWdc of cumulative capacity by 2029
7.3 gigawatts direct current (GWdc) of total new community solar installations are expected to come online in existing state markets by 2029 in the US, according to the latest report released by Wood Mackenzie in collaboration with the Coalition for Community Solar Access (CCSA). Cumulative national community solar installations will break 14 GWdc by 2029. … Continue reading US community photovoltaic market to break 14 GWdc of cumulative capacity by 2029
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Acciona Energía’s photovoltaic solar project in Cebú, awarded ‘Green Lane’ status by the Philippines board of investments
ACCIONA Energía has announced today that it has been awarded the ‘green lane’ status by the Board of Investments (BOI) in the Philippines for the Daanbantayan Photovoltaic Project (150MW), currently under development in the Island of Cebu. The ‘green lane’ privilege is granted to investments that are considered strategic for the country, expediting permitting process … Continue reading Acciona Energía’s photovoltaic solar project in Cebú, awarded ‘Green Lane’ status by the Philippines board of investments
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China’s photovoltaic industry venturing into offshore floating territories
On a vast salt pan in Yinggehai Town, located in Ledong Li Autonomous County of Hainan Province in Southern China, a massive array of 434,000 photovoltaic (PV) panels generates a continuous supply of clean energy. This is the largest centralized PV base in Hainan. The recently completed facility can generate about 720 million kilowatt-hours of … Continue reading China’s photovoltaic industry venturing into offshore floating territories
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Vestas wins 99 MW wind power project in Romania
Vestas has received an order for 99 MW from OX2 for an undisclosed wind energy project in Romania. Vestas will deliver 16 V162-6.2 MW wind turbines. The order also includes the supply, delivery and commissioning of the wind turbines. Upon completion, Vestas will service the turbines under a 35-year Active Output Management 5000 (AOM 5000) … Continue reading Vestas wins 99 MW wind power project in Romania
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Nordex receives orders for 57 MW of wind power in France
Orders also include Premium Service for the maintenance of the wind turbines for 20 years after their commissioning in autumn 2025. In Centre-Val-de-Loire, four N149/5.X wind turbines are being installed on 105-metre-high steel tube towers in a 22.8 MW wind farm. For a 34.4 MW wind farm in Hauts de France, the Nordex Group will … Continue reading Nordex receives orders for 57 MW of wind power in France
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Ørsted launches world’s first heavy-lift cargo drone operations at Borssele 1&2 Offshore Wind Farm
Ørsted, the global leader in offshore wind, is deploying heavy-lift cargo drones (HLCD) for the first time in an operational campaign at the Borssele 1&2 Offshore Wind Farm. This pioneering move marks a significant leap forward in operational efficiency and safety in the offshore wind industry. The heavy lift cargo drone will transport cargo from … Continue reading Ørsted launches world’s first heavy-lift cargo drone operations at Borssele 1&2 Offshore Wind Farm
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Clean Energy Industry to Power Economic Growth with $500 Billion in New Investments, 100K New Manufacturing Jobs
A new report released today by the American Clean Power Association (ACP) shows that, in the last two years, the U.S. clean energy industry has announced $500 billion in new investments, spurring the American economy and creating tens of thousands of new jobs. ACP’s 2024 Clean Energy Investing in America report finds that the industry … Continue reading Clean Energy Industry to Power Economic Growth with $500 Billion in New Investments, 100K New Manufacturing Jobs
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Vestas wins order for 144 MW of wind energy in South Africa
Renewable energy producer African Clean Energy Developments (ACED) has placed an order for 144 MW for the Khangela Emoyeni wind farm, to be located in the Western Cape, South Africa. The contract includes the supply and installation of 32 V163-4.5 MW wind turbines, as well as a 10-year Active Output Management 5000 (AOM 5000) service … Continue reading Vestas wins order for 144 MW of wind energy in South Africa
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EIB signs €50 million green loan with Matrix Renewables to deploy 5 new solar photovoltaic plants in Spain
EIB signs €50 million green loan with Matrix Renewables to deploy 5 new solar photovoltaic plants in SpainThe loan will support the design, construction, and operation of 5 new solar photovoltaic plants with an installed capacity of 240 MW in the regions of Castilla León and Extremadura.The project contributes to consolidate the EIB’s position as … Continue reading EIB signs €50 million green loan with Matrix Renewables to deploy 5 new solar photovoltaic plants in Spain
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Global investment in photovoltaics will exceed $500 billion by 2024
The International Energy Agency projects that photovoltaic solar energy will attract more investment than all other sources of electricity generation combined. Global energy spending is expected to surpass $3 trillion for the first time this year. This year’s edition of the World Energy Investment provides a full update on the investment picture in 2023 and … Continue reading Global investment in photovoltaics will exceed $500 billion by 2024
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Taiwan awards 2.7GW in offshore wind energy tender
Taiwan’s Ministry of Economic Affairs (MOEA) has awarded five wind farm projects totalling 2.7GW with capacity allocations in its latest round 3.2 offshore auction. According to the list of awards released by the MOEA, the selected projects include local developer Shinfox’s 700MW Youde; Synera Renewable Energy Group’s (SRE) 800MW Formosa 6; Copenhagen Infrastructure Partners’ 600MW … Continue reading Taiwan awards 2.7GW in offshore wind energy tender
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The installed capacity of solar photovoltaic energy in India reaches 85.47 GW and wind energy, 46.65 GW
The government reported on Tuesday that the total installed capacity of solar photovoltaic (PV) energy in the country amounts to 85.47 gigawatts (GW) and wind energy to 46.65 GW. India has taken several measures and initiatives to promote the development of renewable energy (RE), including solar and wind energy. These measures directly or indirectly incentivize … Continue reading The installed capacity of solar photovoltaic energy in India reaches 85.47 GW and wind energy, 46.65 GW
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Photovoltaic and wind energy in the first week of August
In the first week of August, gas and CO2 prices rose, leading to price increases in most of the main European electricity markets. The Italian market registered the highest daily price of the year on July 29 and the Iberian market the second highest on August 5. The French market broke the historical record for … Continue reading Photovoltaic and wind energy in the first week of August
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acciona.org launches first South African photovoltaic project with school electrification
The acciona.org foundation has launched its first project in South Africa with the commissioning of a solar-plus-storage plant that guarantees clean, stable and affordable electricity supply to the Bakerville primary school in the town of Gouda. The 19.8kWp photovoltaic plant with a 20.4kWh battery ensures that more than 650 primary school students can attend classes … Continue reading acciona.org launches first South African photovoltaic project with school electrification
Continue readingRWE and Salzgitter Group sign photovoltaic PPA
Green electricity will be supplied from the Boitzenburger Land photovoltaic plant. RWE Supply & Trading and the Salzgitter Group have agreed a long-term green electricity supply (Power Purchase Agreement, PPA) for up to 64 gigawatt hours per year. The contract runs for seven years and begins in 2027. The green electricity will come from the 180-megawatt … Continue reading RWE and Salzgitter Group sign photovoltaic PPA
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The photovolcaic self-consumption installation grew by 41% in the second quarter of 2024 in Spain
The installation of photovolcaic self-consumption in the second quarter of 2024 grew by 41% compared to the first quarter, with 413 megawatts (MW) of new power, as indicated this Tuesday by the Spanish Photovolcaic Union (UNEF).The industrial sector led the increase in this type of installations, with 221 MW of new photovolcaic power, 47% more … Continue reading The photovolcaic self-consumption installation grew by 41% in the second quarter of 2024 in Spain
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EBRD lends €100 million for Enefit Green wind energy project in Estonia
Enefit Green has signed an agreement with the European Bank for Reconstruction and Development (EBRD) to borrow 100 million euros for the construction of a wind farm in Estonia. The loan term is eight years. The Estonian wind energy company said it will use the proceeds to finance the ongoing construction of the 255 MW … Continue reading EBRD lends €100 million for Enefit Green wind energy project in Estonia
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Iberdrola acquires €5 billion valued Electricity North West in the UK
Iberdrola has today signed an agreement to acquire 88% of Electricity North West (ENW) in the UK for an equity value of £2.1 billion (€2.5 billion). The deal values 100% of the company, including debt, at approximately €5 billion. This acquisition is consistent with Iberdrola’s strategy to invest in electricity networks and in countries with … Continue reading Iberdrola acquires €5 billion valued Electricity North West in the UK
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Acciona Energía is awarded a ‘Contract for Difference’ for a new photovoltaic plant in Croatia
ACCIONA Energy has today announced the award of a ‘Contract for Difference’ (CfD) for 12 years with the Croatian energy regulator Hrvatski Operator Trzista Energije (HROTE) for the Promina photovoltaic plant (189MWp), currently under development. Promina will be built in the province of Sibenik-Knin, in the south of Croatia, and will be the largest solar … Continue reading Acciona Energía is awarded a ‘Contract for Difference’ for a new photovoltaic plant in Croatia
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