EBITDA margin breaks even in Q2, bringing H1 EBITDA margin to minus 4.2 percent. H1 installations reach 3.1 gigawatts. Order book of 9,800 million euros.Working capital at minus 9.6 percent. Strengthened capital structure with financing operations.The guidance for 2023 and the medium-term strategic objective of an EBITDA margin of 8 percent are confirmed. The Nordex … Continue reading Nordex wind power increases sales to EUR 2.8 billion in the first half of 2023
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Maine’s Offshore Wind Program to Meet Clean Energy Goals and Power 900K Homes
Maine is set to launch an offshore wind program that will contribute to clean energy initiatives and generate enough power to meet the needs of approximately 900,000 homes. The recently endorsed legislation calls for the issuance of requests for proposals to obtain 3,000 megawatts of electricity from offshore wind turbines by 2040. This amount of … Continue reading Maine’s Offshore Wind Program to Meet Clean Energy Goals and Power 900K Homes
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Acciona Energía builds a new 280MW wind power project in Canada
Forty Mile will be completed in the first quarter of 2025, and it will be the company’s largest wind farm in North America. ACCIONA Energía has announced today the start of the construction of Forty Mile, a 280MW wind project in the County of Forty Mile No. 8 in Alberta, Canada. Forty Mile has been … Continue reading Acciona Energía builds a new 280MW wind power project in Canada
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Acciona launches decarbonization program for SME suppliers
ACCIONA has launched the “Supplier Decarbonization” program to support small and medium-sized enterprises (SMEs) that form part of its value chain in the design of a realistic climate neutrality strategy. Participation in the program is voluntary and free of charge for these companies, which are selected from sectors of activities with high emissions. ACCIONA thus … Continue reading Acciona launches decarbonization program for SME suppliers
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Ignacio Galán reaffirms commitment to invest in the USA at Avangrid’s General Shareholders’ Meeting
News Back 20/07/2023 Ignacio Galán reaffirms commitment to invest in the USA at Avangrid’s General Shareholders’ Meeting Ignacio Galán, Executive Chairman of Iberdrola, during the Avangrid 2023 Annual Shareholder Meeting. Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that shareholders overwhelmingly approved all presented proposals at … Continue reading Ignacio Galán reaffirms commitment to invest in the USA at Avangrid’s General Shareholders’ Meeting
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The Challenges and Potential of Offshore Wind Energy in the United States
Offshore wind energy has become a hot-button issue in the United States, but the country still lags behind Europe and China in terms of clean wind energy capacity. President Joe Biden has set a goal of 30 gigawatts of offshore wind power by 2030, but the industry has faced years of delays and obstacles. One … Continue reading The Challenges and Potential of Offshore Wind Energy in the United States
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Work Paused on Norfolk Offshore Wind Farm as Costs Soar
Work on one of the UK’s largest offshore wind farms, the Norfolk Boreas site, has been halted due to soaring costs, according to Swedish energy company Vattenfall. The government aims to double wind capacity by 2030 and achieve net zero emissions by 2050, making the decision a significant setback for the renewable energy industry in … Continue reading Work Paused on Norfolk Offshore Wind Farm as Costs Soar
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EDP Renewables will build one of the largest hybrid PV and wind energy plant in Chile
EDPR will build one of the largest hybrid farms in Latin America that will combine wind and photovoltaic energy production in the commune of Taltal; The company has more than 500 MW of renewable energy in different stages of development in the country and is aligned with the national energy transition objectives. EDP Renewables, a … Continue reading EDP Renewables will build one of the largest hybrid PV and wind energy plant in Chile
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ACP Applauds Final Sale Notice for Gulf of Mexico Offshore Wind Lease
The American Clean Power Association (ACP) released the following statement from Josh Kaplowitz, Vice President for Offshore Wind, in response to the Bureau of Offshore Energy Management’s (BOEM) decision to issue a Final Sale Notice for the first ever offshore wind lease in the Gulf of Mexico and President Biden’s speech in Philadelphia today hailing … Continue reading ACP Applauds Final Sale Notice for Gulf of Mexico Offshore Wind Lease
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European Parliament vote sends strong positive signal for renewables investments
Today the European Parliament’s Committee on Industry, Research and Energy (ITRE) formally agreed its position on the ongoing EU electricity market design revision, largely backing the European Commission’s proposal for a targeted reform. The Committee voted to maintain the merit order system and to avoid inframarginal revenue caps which fragment the internal energy market and … Continue reading European Parliament vote sends strong positive signal for renewables investments
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Dominion Energy’s Coastal Virginia Offshore Wind Power Program
Dominion Energy’s offshore wind program off the Virginia coast is an ambitious project aimed at revolutionizing renewable energy production in the United States. At the heart of this program are two colossal wind turbines, taller than the Washington Monument, located 27 miles off the coast of Virginia Beach. These turbines serve as a pilot project … Continue reading Dominion Energy’s Coastal Virginia Offshore Wind Power Program
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Germany installed 1.6 GW new onshore wind in the first semester; rigorously implements EU permitting measures
Onshore wind in Germany continues to recover. The country installed circa 1.6 GW of new onshore capacity in the first six months of 2023. The latest onshore wind auction awarded another 1.4 GW of new capacity. Germany is also leading on the implementation of the EU emergency measures, leaving no stone unturned to speed up … Continue reading Germany installed 1.6 GW new onshore wind in the first semester; rigorously implements EU permitting measures
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Iowa Reaches Milestone on Wind-Energy Production
Sixty-four percent of Iowa’s energy production now comes from wind – a new record for the state, according to the U.S. Energy Information Administration. Green-energy advocates call it a big step along the road to fossil-fuel independence. Iowa has been a wind-energy leader for decades. The Iowa Environmental Council (IEC) has a goal of becoming … Continue reading Iowa Reaches Milestone on Wind-Energy Production
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BP enters Germany’s offshore wind power with 4 GW
BP has been awarded the rights to develop two offshore wind farms in the German bidding round, marking its entry into offshore wind power in continental Europe.The two North Sea wind farms, located 130 km and 150 km offshore at sea depths of approximately 40 m, have a generating capacity of 4 GW. Subject to … Continue reading BP enters Germany’s offshore wind power with 4 GW
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EnergyLOOP and Surus join forces to tackle wind turbine blade recycling
ENERGYLOOP, a company owned by FCC Ámbito and Iberdrola for the recycling of wind farm components, has signed a collaboration agreement with SURUS, a leading Spanish company in adding value through the execution of projects related to sustainability and the circular economy, with the aim of providing a joint solution for the recycling of wind … Continue reading EnergyLOOP and Surus join forces to tackle wind turbine blade recycling
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Circular economy for post-use wind blade composite materials
EGP is a partner in the EU’s DeremCo project, which will help the wind sector in creating a value chain for the reuse of composites material from wind blades. Enel Green Power, together with 30 European partners from Italy, Finland, Austria, Spain, Slovenia, Belgium and Portugal, collaborates within the EU-funded project DeremCo “De & Remanufacturing … Continue reading Circular economy for post-use wind blade composite materials
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Suzlon wins order for 100.8 MW of wind power from Everrenew Energy Private Limited
Supply 48 2.1 MW wind turbines to the wind farm to be installed at Velliyanani Phase II in Karur district and Vengaimandalam in Trichy district in Tamil Nadu with a total installed capacity of 100.8 MW. Project to be commissioned in March 2024. Electricity generated from the project will be used for captive consumption and … Continue reading Suzlon wins order for 100.8 MW of wind power from Everrenew Energy Private Limited
Continue readingNordex achieves orders for 1.6 GW of wind power in the second quarter of 2023
In the second quarter of this year, Nordex recorded a demand of 1,620 MW (Q2/2022: 1,836 MW). Fixed contracting in the Projects segment (excluding the services business) thus reaches a volume of 2,641 MW in the first half of 2023 and increases in line with expectations with respect to the first quarter. The average sale … Continue reading Nordex achieves orders for 1.6 GW of wind power in the second quarter of 2023
Continue readingGerman offshore auctions award 7 GW of new wind energy
Today Germany announced the results of its biggest offshore wind auction to date. 7 GW of new capacity were awarded. The auction design required project developers to pay for the right to build their wind farms. This uncapped negative bidding means costs will have to be passed on to consumers, and to the wind supply … Continue reading German offshore auctions award 7 GW of new wind energy
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Nordex receives an order for 56 MW of wind power in Türkiye
Nordex reinforces its wind market leadership in Türkiye with new orders. VRES Enerji has commissioned the manufacturer to supply 8 N163/6.X wind turbines for the 56 MW expansion of the Kartal wind farm in the Eski?ehir province in the northwest of the country; installation is scheduled for mid-2024. The order also includes a Premium Service … Continue reading Nordex receives an order for 56 MW of wind power in Türkiye
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