China is building pumped-storage hydropower facilities to increase the flexibility of the power grid and accommodate growing wind and solar power. As of May 2023, China had 50 gigawatts (GW) of operational pumped-storage capacity, 30% of global capacity and more than any other country. China’s pumped-storage capacity is set to increase even more, with 89 GW of … Continue reading Pumped storage hydropower in China helping to integrate wind energy and solar power
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Vestas has signed a conditional agreement for an offshore wind project of up to 1.2 GW in Poland
Vestas has signed a conditional agreement to deliver wind turbines for the Baltic Power offshore wind project in Poland with a capacity of up to 1.2 GW. As long as the agreement results in a firm and unconditional order, Vestas will disclose it in a company announcement in accordance with the company’s disclosure policy.
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RWE, Vattenfall, Waterkant Energy win 1.8 GW German offshore wind auction
RWE (RWEG.DE), Vattenfall (VATN.UL) and development firm Waterkant Energy have been awarded four offshore wind farm sites in the North Sea in a tender worth 784 million euros ($864.75 million), the German energy regulator said on Thursday. The companies secured rights to the areas suited to housing 1.8 gigawatts (GW) of power turbine capacity, the … Continue reading RWE, Vattenfall, Waterkant Energy win 1.8 GW German offshore wind auction
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Iberdrola encarga a Windar Renovables las piezas de transición del parque eólico marino Windanker
Windar Renovables has signed an agreement with Iberdrola to manufacture 21 transition pieces for the Windanker offshore wind farm in German waters. This is the sixth project of this type of foundation to date. Production will be carried out at the Avilés facilities, with the collaboration of a large number of Spanish suppliers in the … Continue reading Iberdrola encarga a Windar Renovables las piezas de transición del parque eólico marino Windanker
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Iberdrola repowers ScottishPower’s first wind farm
After almost 30 years of service, Scotland’s first commercial windfarm has been powered down in preparation of the site being supercharged to help meet the UK’s Net Zero targets. Operational since 1995, ScottishPower Renewables’ Hagshaw Hill windfarm in South Lanarkshire was at the forefront of wind energy production in Scotland, generating more than 895MWh over … Continue reading Iberdrola repowers ScottishPower’s first wind farm
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The wind industry fights against the skyrocketing costs and failures of wind turbines
The wind power industry is facing significant cost increases, ranging between 20% and 40% since February 2022. Siemens Gamesa, the wind power segment of Siemens Energy, has experienced substantial financial losses after selling turbines that were not adequately tested. In addition, big oil companies are making significant investments in the wind sector without government subsidies, … Continue reading The wind industry fights against the skyrocketing costs and failures of wind turbines
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Statkraft and AstraZeneca sign agreement on wind power delivery
Statkraft, Europe’s largest renewable energy producer, and the biopharmaceutical company AstraZeneca have entered into an agreement on wind power deliveries that will increase the supply of renewable electricity in Sweden. The agreement is based on the commissioning of new wind farms. Under the agreement, AstraZeneca commits to purchasing 200 gigawatt-hours per year for ten years, … Continue reading Statkraft and AstraZeneca sign agreement on wind power delivery
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Vestas – Interim Financial Report, Second Quarter 2023
Quarterly revenue of EUR 3.4bn with an EBIT margin before special items of (2.0) percent. Continued strong wind turbine backlog of EUR 20.0bn. Full-year guidance maintained. In the second quarter of 2023, Vestas generated revenue of EUR 3,429m – an increase of 3.8 percent compared to the year-earlier period. EBIT before special items amounted to … Continue reading Vestas – Interim Financial Report, Second Quarter 2023
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Vestas wins order for 189 MW of wind power in the US
Vestas has received a 189 MW order to power an undisclosed wind farm in the US. The order consists of 45 V150-4.2 MW wind turbines. The order includes the supply, delivery and commissioning of the wind turbines, as well as a multi-year Active Output Management 5000 (AOM 5000) service agreement, designed to ensure optimized asset … Continue reading Vestas wins order for 189 MW of wind power in the US
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First campaign underway to install wind turbines at world’s largest offshore wind farm
UK’s Dogger Bank will deliver clean energy to six million British homes annually – The campaign to install the first of 277 turbines at the world’s largest offshore wind farm is underway, marking a major advance in the industry and speeding up the transition to a cleaner, more secure energy system. The 260m tall turbines … Continue reading First campaign underway to install wind turbines at world’s largest offshore wind farm
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Copenhagen Infrastructure Partners and Ignitis Group enter partnership in Estonia and Latvia
Ignitis Group’s subsidiary, Ignitis Renewables and Copenhagen Infrastructure Partners (CIP), through its New Markets Fund, have signed an agreement to collaborate exclusively on offshore wind opportunities in Estonia and Latvia. The partnership leverages Ignitis Group’s leading market position in the Baltic region and CIP’s global offshore wind expertise. Estonia’s adoption of a legal framework for … Continue reading Copenhagen Infrastructure Partners and Ignitis Group enter partnership in Estonia and Latvia
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The Development of Wind Energy in Slovakia
The development of wind energy in Slovakia has been a topic of great interest in recent years, as the country seeks to diversify its energy sources and reduce its reliance on fossil fuels. With the European Union setting ambitious targets for renewable energy production, Slovakia is under pressure to increase its share of clean energy. … Continue reading The Development of Wind Energy in Slovakia
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At stake is the development of new wind power facilities in Galicia
From the wind sector we see with great concern the situation that is being triggered in Galicia with the succession of judicial stoppages of wind projects. From the utmost respect for the decisions of the courts of justice, we believe that the situation that is being generated produces insecurity to undertake investments in new wind … Continue reading At stake is the development of new wind power facilities in Galicia
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Capital Energy puts 1,500 MW of wind power up for sale in Spain
Capital Energy has put up for sale a portfolio of more than 1,500 megawatts (MW) of wind projects in an advanced stage of development in Spain. These projects, which in most cases already have a favorable Environmental Impact Statement (DIA), as well as the mandatory administrative authorizations, also contemplate the possibility of installing 500 MW … Continue reading Capital Energy puts 1,500 MW of wind power up for sale in Spain
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China’s Goldwind explores investment opportunities in Spain’s wind power market
The Spanish government has been offering incentives to invest in renewable energy as part of its commitment to the Sustainable Development Goals of the UN 2030 Agenda. These incentives allow full payback when solar or wind projects replace fossil fuel power sources. The Spanish government aims to expand wind and solar infrastructure as part of … Continue reading China’s Goldwind explores investment opportunities in Spain’s wind power market
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Energy Pulse
Vattenfall has stopped development of its 1.4 GW Norfolk Boreas offshore wind project in the UK The Norfolk Boreas project was awarded a 15-year Contract for Difference (CfD) in UK AR4 last year at £37.35/ MWh (real 2012) and positioned to take FID imminently. Management reasoned that due to supply chain constraints, cost inflation and … Continue reading Energy Pulse
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ACP Statement on NEPA Phase 2 Rule
The American Clean Power Association (ACP) generally supports the Administration’s new guidance intended to help accelerate environmental reviews for clean energy projects and infrastructure. While we are appreciative of the steps the Council on Environmental Quality (CEQ) has taken to undertake these much-needed reforms, it’s critical that Congress build upon these actions and tackle comprehensive, … Continue reading ACP Statement on NEPA Phase 2 Rule
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ACP Statement on FERC Order Advancing Generator Interconnection Rules
The American Clean Power Association (ACP) and its members support the Federal Energy Regulatory Commission’s much-needed action today on electric generation interconnection, which is a key step towards allowing new clean energy resources to predictably and cost effectively interconnect to the electric grid. This action will help provide relief to the nearly two terawatts of renewables … Continue reading ACP Statement on FERC Order Advancing Generator Interconnection Rules
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Discovering Advancements in Clean Energy Assessment, Reliability and Performance at ACP’s Resource & Technology Conference
Guest post by Rounak Kharait, R&T 2023 Program Co-ChairSr. Director, Solar Energy Onshore Technical AssessmentØrsted Americas The U.S. clean energy industry has entered an exciting era, fueled by policy and supercharged by the urgency of emissions reduction. Alarm bells are sounding globally with higher frequency and greater magnitude extreme weather events such as hurricanes, typhoons, … Continue reading Discovering Advancements in Clean Energy Assessment, Reliability and Performance at ACP’s Resource & Technology Conference
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Iberdrola invested 10,554 million in the last 12 months
Highlights Second increase in FY 2023 Outlook Financial strength Strategic Plan Execution Commenting on the results, Ignacio Galán, Executive Chairman of Iberdrola, said: “We continue accelerating in the execution of our Strategic Plan, with investments of more than 10.5 billion euros in the last 12 months, to achieve a Networks Asset Base of 40 billion … Continue reading Iberdrola invested 10,554 million in the last 12 months
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