The Danish wind turbine manufacturer Vestas recorded losses of 1,572 million euros in 2022, in contrast to the attributable net profit of 134 million the previous year, according to the company. Vestas’ accounts reflect an extraordinary adverse impact of 444 million euros related to the alignment of the manufacturing footprint and the departure from Russia, … Continue reading Vestas wind loses 1,572 million in 2022
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Pause to Danish offshore wind scheme is absurd
The Danish Government has put on hold Denmark’s “open door” offshore wind development procedure. Pausing this established and effective scheme creates investment uncertainty for 20 GW of offshore wind currently under planning and development. It seriously undermines Denmark’s 2030 targets for offshore wind, which are central to Europe’s wider targets. And it flies in the … Continue reading Pause to Danish offshore wind scheme is absurd
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Siemens Gamesa and Doosan Enerbility sign historic offshore wind partnership framework agreement for South Korea
Siemens Gamesa, the world-leading provider of wind power solutions, and Doosan Enerbility, formerly Doosan Heavy Industries, a market leading manufacturer of energy solutions, announce the signing of a binding framework agreement for a strategic partnership for the South Korean offshore wind market. Marc Becker, CEO of Siemens Gamesa’s offshore business and Hongook Park, CEO of … Continue reading Siemens Gamesa and Doosan Enerbility sign historic offshore wind partnership framework agreement for South Korea
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Capital Energy awards Gestacur the construction work for its first wind farm in Castilla-La Mancha, La Herrada
The imminent development of this renewable infrastructure will involve an investment of around 53 million eurosThis company from Albacete will be in charge, throughout this year, of the engineering, supply, construction, start-up and restoration works of this new renewable energy facility, also promoting the hiring of local workers and companies.The wind farm will have an … Continue reading Capital Energy awards Gestacur the construction work for its first wind farm in Castilla-La Mancha, La Herrada
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Equinor and SSE Renewables carry out early scoping work on potential 4th phase of Dogger Bank Wind Farm
Leading energy companies Equinor and SSE Renewables are carrying out early scoping work to explore options for developing a fourth phase, Dogger Bank D, of the world’s largest offshore wind farm. Equinor and SSE Renewables each own 50% of the proposed Dogger Bank D development. The Dogger Bank D proposal would require a new development … Continue reading Equinor and SSE Renewables carry out early scoping work on potential 4th phase of Dogger Bank Wind Farm
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Acciona signs a wind power PPA with Fortia
ACCIONA Energía has signed a new power purchase agreement (PPA) with FORTIA, the energy management platform for large industrial consumers, for the supply of all the energy generated by six wind farms for the next 10 years. This agreement follows the one signed with FORTIA for 1TWh last year, which was the largest corporate renewable … Continue reading Acciona signs a wind power PPA with Fortia
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Germany promises rapid expansion of onshore wind power
By 2030, some 2% of Germany’s land mass is supposed to be designated for wind turbines. Berlin has faced criticism for falling behind on its climate goals, and sees wind power as a way to catch up. Chancellor Olaf Scholz said the government is drawing up a plan to massively accelerate the construction of wind … Continue reading Germany promises rapid expansion of onshore wind power
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Wind power and solar already surpass gas in electricity generation in the EU
Wind and solar generated a fifth (22.28%) of the EU’s electricity in 2022, surpassing gas (19.91%) for the first time in a sector dominated by nuclear and hydroelectric (32.04 %), according to data released this week by the Ember energy think tank.“Europe has avoided the worst of the energy crisis,” summarized the head of Ember’s … Continue reading Wind power and solar already surpass gas in electricity generation in the EU
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Together with SODECO, Iberdrola seeks innovation projects that promote the energy transition in Asturias
Iberdrola, a key company in promoting a just energy transition that fosters industrialisation and employment, and SODECO, Society for the Development of the Mining Regions of Asturias, have signed an alliance to promote a green promotion plan in the region. The company chaired by Ignacio Galán is doing so hand in hand with the electricity … Continue reading Together with SODECO, Iberdrola seeks innovation projects that promote the energy transition in Asturias
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Argentina launches a 620 MW wind power and solar tender for the first time
The government launched a new tender to expand the renewable energy generation and storage park in the country. It is the first concrete initiative of the management of Alberto Fernández in this direction. The call foresees awarding 620 MW that would add around US$ 500 million of investment. The role of the nodes in the … Continue reading Argentina launches a 620 MW wind power and solar tender for the first time
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Wind power generated 31.5% of electricity in Spain in January
The demand for electricity in Spain fell by 4.1% in January. Renewables such as concentrated solar power thermal, photovoltaic, hydraulic and wind energy generated 57.4%, up to 13,742 GWh of electricity generated during this month, the highest monthly production since records exist. Also, technologies free of CO2 equivalent emissions broke their own monthly mark by … Continue reading Wind power generated 31.5% of electricity in Spain in January
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Capital Energy reinforces its commitment to wind power in Soria
The agreements are linked to the development of the Pedrecha, San Cristóbal, Hazapierna and Praderas Altas wind farms and their evacuation infrastructures. This initiative combines the company’s contribution to the decarbonisation of the economy and the transformation of the energy model, through the start-up of renewable energy facilities, with its desire to promote growth in … Continue reading Capital Energy reinforces its commitment to wind power in Soria
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GE Renewable Energy strengthens its position in wind power in Spain with a new agreement with Repsol to install 133 MW in Aragon
GE Renewable Energy will supply 22 of GE’s 6.1 MW wind turbines, the most powerful GE turbines installed in Spain. Both the towers and blades will be manufactured in Spain. GE Renewable Energy has installed more than 400 MW with Repsol in Spain. GE Renewable Energy has been selected by Repsol to supply 22 units … Continue reading GE Renewable Energy strengthens its position in wind power in Spain with a new agreement with Repsol to install 133 MW in Aragon
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Siemens Gamesa ends complex quarter while
New orders include improved protection against disruptive conditions. Siemens Gamesa announced the financial results for the first quarter of fiscal year 2023 today. The economic performance during this period was severely impacted by the outcome of the evaluation of the installed fleet, mostly affecting the service business. Against this backdrop, the Mistral strategy program continued … Continue reading Siemens Gamesa ends complex quarter while
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Formosa 2 completes installation of 47 offshore wind turbines in Taiwan
JERA Co., Ltd has announced the successful installation of all 47 wind turbine generators (WTGs) at the Formosa 2 offshore wind project off the coast of Miaoli County, Taiwan. With a total installed capacity of 376 MW, the project is poised to begin full scale generation to the grid. As the largest shareholder since joining … Continue reading Formosa 2 completes installation of 47 offshore wind turbines in Taiwan
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Canada added 1.8 GW of solar and wind power in 2022
CanREA’s new industry data shows that Canada is just starting to take advantage of its wind, solar and energy storage potential. The Canadian Renewable Energy Association (CanREA) has announced the industry’s year-end data, reporting that Canada’s wind and solar energy sectors grew significantly in 2022. “I am happy to see that, across Canada, the sector … Continue reading Canada added 1.8 GW of solar and wind power in 2022
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ASEAN’s Dash to Net-Zero Finishing Line Aided by IRENA
Southeast Asia’s growing economy and population will result in a large increase in energy demand by 2050. Along with this rise, the amount of CO2 emissions related to energy would double. IRENA estimates that the region can meet their growing energy demand with renewables and cut 75 per cent of their energy-related CO2 emissions by … Continue reading ASEAN’s Dash to Net-Zero Finishing Line Aided by IRENA
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Enel Green Power España has built 20 wind power and solar plants this year in Spain
Endesa’s renewable subsidiary, Enel Green Power España, connected 919 MW to the grid last year, mainly from 16 new solar plants and 4 wind power plants, built applying sustainability projects associated with each installation and developed from the design phase. by the local community. The new infrastructures launched by Endesa in 2022 have involved an … Continue reading Enel Green Power España has built 20 wind power and solar plants this year in Spain
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Iberdrola exceeds 7,500 direct jobs and 70,000 indirect jobs in the US.
The company is making investments in renewables and grids that will reach $21.5 billion by 2025, including the construction of Vineyard Wind 1 and the integration of PNM Resources. Regulatory stability and the commitment of the different administrations to decarbonisation have helped Iberdrola, Europe’s leading electricity company and one of the four largest in the … Continue reading Iberdrola exceeds 7,500 direct jobs and 70,000 indirect jobs in the US.
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OX2 to develop 1,400 MW offshore wind farm outside the coast of Finland
OX2 has initiated the development of the offshore wind farm Tyrsky in the Gulf of Bothnia in the Finnish economic zone. The project that is estimated to have a total installed capacity of 1,400 MW and will be included in OX2’s project development portfolio for the first quarter, 2023.OX2 received a research permit for the … Continue reading OX2 to develop 1,400 MW offshore wind farm outside the coast of Finland
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