In 2016, Türkiye launched the Renewable Energy Resource Zone (YEKA) auctions to develop large-scale solar and wind projects, simplify the allocation of suitable lands, and encourage local manufacturing of renewable energy equipment. Through this model, the Ministry of Energy and Natural Resources (MENR) identifies suitable sites, announces them as candidate YEKA areas, and gathers views … Continue reading New targets, old challenges in Turkish wind and solar tenders
Continue readingMonthly Archives: February 2025
Acciona posts €422 million and closes the year with a record turnover of €19.19 billion
ACCIONA Energy. Total installed wind and photovoltaic capacity increases to 15.35 GW (+2 GW) and the asset rotation plan is progressing solidly. NORDEX. The wind turbine manufacturer earns €7,299 million (+12.5%), with an EBITDA margin of 4.1% and accumulates a backlog of €12,778 million (+21.3%). ACCIONA closed 2024 with a net profit of €422 million … Continue reading Acciona posts €422 million and closes the year with a record turnover of €19.19 billion
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The Battle for Rare Earths: Who Controls the Minerals of the Future?
The map reveals the countries with the largest rare earth mineral reserves and the most abundant elements in each region.Rare earth minerals are essential for many modern technologies, from electric vehicle batteries and wind turbines to medical equipment. A new map highlights where the main deposits of these valuable resources are and their impact on … Continue reading The Battle for Rare Earths: Who Controls the Minerals of the Future?
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Wind energy in Europe: 2024 Statistics and the outlook for 2025-2030
Europe installed 16.4 GW of new wind power capacity in 2024. The EU-27 installed 12.9 GW of this. 84% of the new wind capacity built in Europe last year was onshore. 2.6 GW of new offshore wind power capacity was connected to the grid. Europe now has 285 GW of wind power capacity, 248 GW … Continue reading Wind energy in Europe: 2024 Statistics and the outlook for 2025-2030
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Germany led Europe in wind turbine installations in 2024
Germany led Europe in wind turbine installations in 2024Germany installed more wind turbines than any other European country in 2024, maintaining its position as the leader in wind power, according to industry association WindEurope. With new onshore and offshore installations totalling more than 4 gigawatts (GW), Germany was ahead of the UK, which installed around … Continue reading Germany led Europe in wind turbine installations in 2024
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The Xunta warns that the central government is preparing a new binding environmental zoning that will aggravate the paralysis of wind power in Galicia
The regional minister for the Environment and Climate Change, Ángeles Vázquez, warned today that the central government is preparing a new binding environmental zoning that will aggravate the paralysis of the wind energy sector in Galicia. During her speech at the inauguration of the Galician Energy Forum, the regional minister argued that the Community is … Continue reading The Xunta warns that the central government is preparing a new binding environmental zoning that will aggravate the paralysis of wind power in Galicia
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Colombia obtains 69 areas for the first round of offshore wind energy
Colombia announced that it managed to obtain 69 areas for the first round of wind energy in the Colombian sea, an initiative led by the Ministry of Mines and Energy, the General Maritime Directorate (DIMAR) and the National Hydrocarbons Agency (ANH). According to the Ministry of Mines and Energy, the deadline established for the nomination … Continue reading Colombia obtains 69 areas for the first round of offshore wind energy
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China’s installed power generation capacity to exceed 3,600 GWh by 2025
China aims to increase its total installed power generation capacity to more than 3,600 GW by 2025, according to the National Energy Administration. China will work to increase power output this year, keeping crude oil output above 200 million tons and adding more than 200 GW of wind power and photovoltaic (PV) generation capacity, the … Continue reading China’s installed power generation capacity to exceed 3,600 GWh by 2025
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The EU is right to make electrification a key pillar of the Clean Industrial Deal
Today the European Commission presented the Clean Industrial Deal, the EU’s new strategy to make Europe’s economy more competitive. It stresses the essential role of electrification for Europe’s industrial competitiveness. And reinforces the need to accelerate the build-out of domestic decarbonised energy. Wind energy is home grown, competitive and scalable. It is uniquely placed to … Continue reading The EU is right to make electrification a key pillar of the Clean Industrial Deal
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Building more wind is key to deliver the EU Clean Industrial Deal
Europe built 16.4 GW of wind energy, 13 GW in the EU, according to WindEurope’s 2024 Statistics out today. That’s less than half of what the EU needs to deliver on its energy security targets. Poor permitting, slow grid build-out and insufficient electrification are holding back the expansion of wind. Our latest Outlook for 2025-30, … Continue reading Building more wind is key to deliver the EU Clean Industrial Deal
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EDP Renewables postpones offshore wind project in the US until 2029 due to Donald Trump
EDP Renewables announced the four-year postponement of the Southcoast Wind project, which plans to install 2.4 GW of offshore wind energy off the coast of Massachusetts. Initially scheduled to begin in 2025 and be operational in 2030, construction is expected to begin in 2029. The decision was made due to the uncertainty generated by the … Continue reading EDP Renewables postpones offshore wind project in the US until 2029 due to Donald Trump
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Record investment of €17 billion boosts Iberdrola’s net profit to €5.612 billion, up 17%
Performance ahead of 2026 Strategic Plan goals, driven by increased demand in all countries Watch the webcast of the Full-Year Results 2024 Presentation here Accelerating growth Record investments of €17 billion, up 50% Increasing robustness Proposed dividend: €0.635 per share, up 15% Strong boost to the social dividend 2025 Outlook: improved forecasts Next Capital Markets … Continue reading Record investment of €17 billion boosts Iberdrola’s net profit to €5.612 billion, up 17%
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Iberdrola begins commissioning of the Valdecañas pumped storage hydroelectric power plant in Spain
Iberdrola Spain has begun commissioning the first group of the Valdecañas pumping station in Cáceres (Extremadura), which has a total capacity of 225 MW and includes a 15 MW hybrid battery and 7.5 MWh of stored energy. The combination of batteries and hydroelectric groups allows for increased storage in the Tajo system to 210 GWh … Continue reading Iberdrola begins commissioning of the Valdecañas pumped storage hydroelectric power plant in Spain
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Endesa completes the purchase from Acciona Energía of a portfolio of 626 MW hydroelectric power plants in Spain
Endesa, through Endesa Generación, has completed the acquisition of the entire share capital of Corporación Acciona Hidráulica S.L. (“CAH”) from Corporación Acciona Energías Renovables, a company of the Acciona Group. The purchase price amounts to around 1,000 million euros, and includes the usual adjustments in this type of transaction. “This acquisition involves investing in high-quality … Continue reading Endesa completes the purchase from Acciona Energía of a portfolio of 626 MW hydroelectric power plants in Spain
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India must double renewable capacity additions to meet 2030 clean-energy targets
India must double its annual solar and wind capacity additions over the next five years to meet its 2030 clean energy targets, despite record additions in 2024, Global Energy Monitor (GEM) said in a report on Wednesday. India added nearly 28 gigawatts (GW) of solar and wind capacity in 2024, with solar additions accounting for … Continue reading India must double renewable capacity additions to meet 2030 clean-energy targets
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Copenhagen Infrastructure Partners acquires Morecambe, a fixed-bottom offshore wind project in the United Kingdom
Morecambe is a 480MW advanced stage fixed bottom offshore wind project with good fundamentals and located off the west coast of England. Copenhagen Infrastructure Partners (CIP), on behalf of its fund Copenhagen Infrastructure V (CI V), has signed a transaction to acquire the full ownership of offshore wind project Morecambe from COBRA Group, and Flotation … Continue reading Copenhagen Infrastructure Partners acquires Morecambe, a fixed-bottom offshore wind project in the United Kingdom
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Wind turbines from the Aluar wind farm in Chubut are being moved
The Aluar company, the main producer of aluminum in Argentina, continues with the work on its wind farm in Puerto Madryn. This week, the transfer of components for 17 wind turbines began, which will be added to those already installed in pursuit of electrical self-sufficiency. In this note, the routes on which caution must be … Continue reading Wind turbines from the Aluar wind farm in Chubut are being moved
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Renewable energy producers are grouped into a single entity in Argentina
The Argentine Wind Chamber (CEA) announced its evolution towards a new identity that brings together renewable energy generators from different sources, it said, which reflects its commitment to a more sustainable energy future. The entity was born as a group of companies whose energy production area was wind energy and with this decision it incorporates … Continue reading Renewable energy producers are grouped into a single entity in Argentina
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Serbia allocates 645 MW of solar and wind power in latest auction
Serbia’s Ministry of Mines and Energy has closed its second round of renewable energy auctions, selecting 645 MW of solar and wind power projects for contracts for difference (CfD).Serbia’s original quota of 424.8 MW for solar and wind power plants was significantly exceeded, as 41 projects were submitted, with 7 for wind power plants and … Continue reading Serbia allocates 645 MW of solar and wind power in latest auction
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AEE launches a new call for the EOLO Awards with the unprecedented category of Wind Reel
The Spanish Wind Energy Association (AEE) is holding a new edition of its Eolo Awards. This initiative awards the best projects in five categories: Rural Integration of Wind Energy, Photography, Innovation, Micro-stories and the new Wind Reel category. In previous editions, participation has been very significant. This is the first time that a Wind REEL … Continue reading AEE launches a new call for the EOLO Awards with the unprecedented category of Wind Reel
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