ACWA Power has secured SR2.63 billion ($703 million) in financing to develop, operate, and maintain a 1,100-megawatt wind power plant in Egypt’s Suez governorate. In a statement to Tadawul, the company said the funding was sourced from the European Bank for Reconstruction and Development, African Development Bank, and British International Investment. Additional lenders include DEG … Continue reading ACWA Power secures $703m for Egyptian wind power plant
Continue readingMonthly Archives: December 2024
Three Gorges buys the largest solar photovoltaic (PV) plant in Spain
Qualitas Energy has announced the sale of its Mula solar PV plant, located in Murcia, to China Three Gorges Spain, a subsidiary of CTG Europe and part of China Three Gorges Corporation. With an installed capacity of 494 MWp, the plant is positioned as one of the largest photovoltaic projects in Europe. This transaction was … Continue reading Three Gorges buys the largest solar photovoltaic (PV) plant in Spain
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Vestas secures 270 MW wind power order in the US
Vestas has received a 270 MW order for an undisclosed wind farm in the US. The order consists of 60 V163-4.5 MW wind turbines, Vestas’ newest high-capacity factor turbine, and the project has been developed by Steelhead Americas, Vestas’ development arm in North America. The order includes supply, delivery and commissioning of the wind turbines, … Continue reading Vestas secures 270 MW wind power order in the US
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ScottishPower Renewables welcomes Taylor Woodrow to East Anglia TWO
ScottishPower Renewables’ East Anglia TWO offshore windfarm has given a further boost to the UK economy with confirmation that Watford-based Taylor Woodrow is the latest addition to the supply chain family for its £4 billon offshore windfarm off the coast of Suffolk. The contract will see the leading construction company deliver the civil engineering works … Continue reading ScottishPower Renewables welcomes Taylor Woodrow to East Anglia TWO
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The IEA in 2024: Reviewing the year
The past year was a productive and dynamic one for the International Energy Agency as it marked its 50th anniversary and delivered on the mandates set by its Member governments to support energy security and clean energy transitions. The activities of the IEA throughout 2024 were reviewed last week during the December meeting of the … Continue reading The IEA in 2024: Reviewing the year
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RWE commissions 54-megawatt wind farm in Italy
San Severo onshore wind farm located in Apulia region. 12 x 4.5-MW wind turbines will supply up to 55,000 Italian homes with green electricity. Italian citizens seize opportunity to invest in wind farm. RWE now operates 16 wind farms in Italy with a combined installed capacity of 527 MW.RWE has commissioned one of its largest … Continue reading RWE commissions 54-megawatt wind farm in Italy
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European electricity market prices rose over Christmas week as wind power fell and gas rose
In the fourth week of December, prices in most major European electricity markets rose, exceeding €100/MWh on a weekly average. These rises were driven by lower wind production in most markets, together with higher gas and CO2 prices, despite reduced demand due to the Christmas holidays and an increase in solar photovoltaic generation compared to … Continue reading European electricity market prices rose over Christmas week as wind power fell and gas rose
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Vestas Development sells 277 MW wind portfolio in Italy
Wind turbine manufacturer Vestas has sold a 277 MW wind portfolio in Italy. This transaction demonstrates Vestas Development’s ability to continue developing viable, high-quality wind projects in Italy, one of its strategic markets in Europe. The projects included in this portfolio have been developed by Vestas and are designed for Vestas technology. “This sale demonstrates … Continue reading Vestas Development sells 277 MW wind portfolio in Italy
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Tunisia awards 500 MW of photovoltaic solar projects in tender
Tunisia has selected four photovoltaic projects totalling 500 MW in the first phase of the 1,700 MW call for tenders, with the best tariff being 0.029 euros per kWh. Among the winners of the AO-01-2022 call for tenders are three 100 MW projects proposed by the developers: one by Qair International SAS on a site … Continue reading Tunisia awards 500 MW of photovoltaic solar projects in tender
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OX2 secures photovoltaic plant of 165 MW and wind power plant of 40 MW at government auctions in Poland
OX2 has won contracts for the sale of electricity at government auctions in Poland, thus gaining support for a photovoltaic (PV) plant of 165 MW and a wind farm of 40 MW. The 40 MW wind farm project is located in south-eastern Poland and will be the eighth wind farm by OX2 in Poland. In … Continue reading OX2 secures photovoltaic plant of 165 MW and wind power plant of 40 MW at government auctions in Poland
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Rosatom to build 100 MW wind power plant in Kyrgyzstan
Rosatom Renewable Energy, the wind energy division of Russia’s State Atomic Energy Corporation Rosatom, has signed an investment agreement with the Cabinet of Ministers of Kyrgyzstan to build and operate a 100 MW wind farm in the village of Kok-Moinok, located in the Issyk-Kul region. The agreement was formalized by Taalaibek Ibraev, Minister of Energy … Continue reading Rosatom to build 100 MW wind power plant in Kyrgyzstan
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World’s longest underwater cable for photovoltaic solar power gets green light from Singapore in Australia
SunCable receives approval to export photovoltaic (PV) electricity from Australia to Singapore via a 4,300-kilometer underwater cable. The power will come from the world’s largest photovoltaic and battery park, to be built in northern Australia at a cost of 35 billion dollars.SunCable receives approval to export renewable electricity from Australia to Singapore via a 4,300-kilometer … Continue reading World’s longest underwater cable for photovoltaic solar power gets green light from Singapore in Australia
Continue readingVestas secures 108 MW wind order in Australia
Vestas has secured a new order in Australia as part of its Q4 order, in partnership with Bright Energy Investments and Synergy for the Warradarge Stage Two wind farm. The project will feature 30 V136-3.6 MW wind turbines, delivering a total capacity of 108 MW. Vestas will also provide a 30-year Active Output Management (AOM) … Continue reading Vestas secures 108 MW wind order in Australia
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Vectorized solar photovoltaic installation dataset across China in 2015 and 2020
To achieve carbon neutrality, solar photovoltaic (PV) in China has undergone enormous development over the past few years. PV datasets with high accuracy and fine temporal span are crucial to assess the corresponding carbon reductions. In this study, we employed the random forest classifier to extract PV installations throughout China in 2015 and 2020 using … Continue reading Vectorized solar photovoltaic installation dataset across China in 2015 and 2020
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Algeria is considering installing 1,000 megawatts of wind power as part of the expansion of renewable energy
The Algerian Ministry of Energy, Mines and Renewable Energy is studying the launch of a 1,000-megawatt wind power project, after a recent study revealed that Algeria has “considerable potential” in this field, Noureddine Yassaa, State Secretary for Renewable Energy, said on Wednesday in Algiers. During a speech at the 2nd international workshop on renewable energy, … Continue reading Algeria is considering installing 1,000 megawatts of wind power as part of the expansion of renewable energy
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POWERCHINA to Develop Photovoltaic Solar Power in Panama
POWERCHINA recently met with Sajalices Energy Co at its regional headquarters in Panama to sign the EPC (engineering, procurement, and construction) contract for the 530-megawatt Sajalices Photovoltaic Project. Counselor Zhou Quan of the Chinese Embassy in Panama stated that POWERCHINA has achieved remarkable results in renewable energy and that both sides will cooperate sincerely and … Continue reading POWERCHINA to Develop Photovoltaic Solar Power in Panama
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China to build world’s largest hydroelectric dam in Tibet
China has approved the construction of the world’s largest dam on the Yarlung Tsangpo River in Tibet, the main tributary of the Brahmaputra River.Beijing on Friday defended its plan to go ahead with the construction of a colossal hydroelectric project on the Yarlung Tsangpo River in China’s Tibet Autonomous Region, promising that it would have … Continue reading China to build world’s largest hydroelectric dam in Tibet
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Vestas secures 315 MW order for offshore wind power project in Japan
Vestas has received a 315 MW order for the Oga Katagami Akita offshore wind farm in Akita Prefecture, Japan. The project is being developed by Oga Katagami Akita Offshore Green Energy LLC., a consortium consisting of JERA Co., Inc., Electric Power Development Co., Ltd. (J-POWER), Tohoku Electric Power Co., Inc. (Tohoku EPCO) and ITOCHU Corp. … Continue reading Vestas secures 315 MW order for offshore wind power project in Japan
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Spain has 29 projects from the EU Innovation Fund, with more than 1,286 million in aid
Spain has a total of 29 projects awarded under the EU Innovation Fund, linked to a volume of aid of 1,286 million euros, making it the country with the most beneficiary projects. The projects, widely distributed geographically, will be developed in very diverse sectors, such as the manufacture of photovoltaic modules and wind turbines, the … Continue reading Spain has 29 projects from the EU Innovation Fund, with more than 1,286 million in aid
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Argentina: historic record in wind power with 68 wind farms in operation
Wind farms in Argentina. Although the history of wind farms in Argentina has several decades already, its boom began about 10 years ago, with the help of the RenovAr program. To date, throughout the country, there are 68 wind farms in operation. And, last month they contributed a record generation of 2,249 GW/h. According to … Continue reading Argentina: historic record in wind power with 68 wind farms in operation
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