Wind power, solar photovoltaic and concentrated solar power (CSP) sources reached a combined accumulated power of 59,106 megawatts (MW) in 2023, which represents an increase of 12.7% compared to the previous year, according to the DBK Sector Observatory of Informa, a subsidiary of Cesce.The study reflects that in 2023 the upward trend in installed renewable … Continue reading The combined accumulated power of wind and photovoltaic energy grows by 12.7% in 2023 in Spain
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Interenergy installs the largest wind turbines in Central America and the Caribbean in the Dominican Republic
In an important step towards boosting the renewable energy sector in the Dominican Republic, Grupo Eólico Dominicano (GEDOM), part of InterEnergy Group, in partnership with the Fondo Cerrado de Desarrollo de Sociedades Popular, managed by AFI Popular, a subsidiary of Grupo Popular, announces the start of operations of three wind turbines that mark the expansion … Continue reading Interenergy installs the largest wind turbines in Central America and the Caribbean in the Dominican Republic
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KEPCO signs transmission deals for two floating wind power projects off South Korea (2.2 GW)
Two floating offshore wind projects to be developed in South Korea and totalling 2,250 MW have secured a transmission service agreement (TSA) with Korea Electric Power Corporation (KEPCO). The Swedish renewable company Hexicon AB has signed a TSA with KEPCO for its 1,125 MW MunmuBaram floating offshore wind project, while developers Mainstream Renewable Power and Ocean Winds have … Continue reading KEPCO signs transmission deals for two floating wind power projects off South Korea (2.2 GW)
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The recovery of wind energy production in Europe in the second week of October favors the price fall in the electricity markets
In the second week of October, wind energy production in most major European markets recovered after the previous week’s falls, favoring weekly price declines in most electricity markets. On an hourly basis, some markets registered negative prices, while others registered the highest prices since at least February 2024. In Italy, photovoltaic energy production reached a … Continue reading The recovery of wind energy production in Europe in the second week of October favors the price fall in the electricity markets
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TotalEnergies joins RWE in two offshore wind power projects in Germany
TotalEnergies has signed an agreement with RWE to acquire a 50% stake in two offshore wind projects in the North Sea. These two projects, N-9.1 (2 GW) and N-9.2 (2 GW), located 110 km off the German coast, were awarded to RWE in August 2024 and have 25-year licenses extendable to 35 years. This acquisition … Continue reading TotalEnergies joins RWE in two offshore wind power projects in Germany
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Goldwind to supply wind turbines for 30 MW wind farm in Italy
Chinese wind turbine manufacturers are making inroads into Europe, as they have already done with photovoltaics and electric vehicles.Goldwind will supply seven GW155-4.2 wind turbines to the Alerion-backed Foggia wind farm. Generai, a subsidiary of Alerion Clean Power, has signed a wind turbine supply contract with Goldwind for a wind farm in Italy. The Beijing-based … Continue reading Goldwind to supply wind turbines for 30 MW wind farm in Italy
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Galán confirms Iberdrola’s commitment to the UK at the International Investment Summit with Starmer
Iberdrola is consolidating its position as one of the major companies in the United Kingdom, and its Executive Chairman Ignacio Galán, in the context of the new British government’s first international investment summit, met with the country’s Prime Minister, Keir Starmer, and other members of the Government to present the electricity company’s new roadmap in the … Continue reading Galán confirms Iberdrola’s commitment to the UK at the International Investment Summit with Starmer
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China completes building world’s largest 26-MW offshore wind turbine
World’s largest 26-megawatt offshore wind turbine has been unveiled in east China’s Fujian Province on Saturday, a fully domestically designed and manufactured unit which symbolizes a milestone achievement in the country’s green energy development. The 26-megawatt offshore wind turbine boasts remarkable dimensions. Its hub center is 185 meters high, equivalent to a 63-story residential building. … Continue reading China completes building world’s largest 26-MW offshore wind turbine
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OX2 acquires first onshore wind power project in Australia with planned capacity of 1 GW
OX2 has acquired its first onshore wind power project in Australia. The project, which is in an early stage, has a planned total installed capacity of up to 1 GW. The project will also include a battery energy storage system. The acquired project is located a few hours north of Perth, in Western Australia. The … Continue reading OX2 acquires first onshore wind power project in Australia with planned capacity of 1 GW
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Ecuador needs to boost photovoltaic and wind power to reduce dependence on hydroelectric energy
Renewable energies, such as solar photovoltaic, wind, hydroelectric, geothermal and biomass, lead the energy transformation worldwide. The main objective is to reduce dependence on fossil fuels and mitigate environmental impact. Diversification is key. According to data from the National Electricity Operator (Cenace), 72% of Ecuador’s energy depends on water. This dependence has led to the … Continue reading Ecuador needs to boost photovoltaic and wind power to reduce dependence on hydroelectric energy
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Petrobras measurements in the Northeast indicate a peak in offshore wind power generation between 4 and 6 p.m.
The time coincides with the moment of greatest energy demand and complements photovoltaic, which makes the scenario more positive for offshore wind power generation.Petrobras’ general manager of renewable generation, Daniel Faro, revealed that the detailed measurements of the winds that Petrobras has been carrying out at sea, showed a peak in generation between 4 and … Continue reading Petrobras measurements in the Northeast indicate a peak in offshore wind power generation between 4 and 6 p.m.
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Wind power surge provides nearly 10 million Taiwan households with electricity
Taiwan Power Company (Taipower) said Friday (Oct. 11) wind power output exceeded 2 GW this week, powering nearly 10 million homes. According to a press release, Taipower said wind power output exceeded 2 GW on Monday (Oct. 7) and maintained this level throughout Tuesday (Oct. 8). Wind power also performed well on National Day (Oct. … Continue reading Wind power surge provides nearly 10 million Taiwan households with electricity
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World’s largest floating offshore wind turbine rolls off production line in China
The world’s most powerful floating offshore wind turbine, with a generating capacity of 20 megawatts, has rolled off the production line in Yancheng City, east China’s Jiangsu Province, according to CRRC, the country’s leading train manufacturer. CRRC Co., Ltd. (CRRC). The wind turbine, independently developed by China, has a wind wheel with a diameter of … Continue reading World’s largest floating offshore wind turbine rolls off production line in China
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Equinor acquires a 9.8% minority stake in Ørsted
Equinor ASA has acquired 41,197,344 shares in Ørsted A/S (“Ørsted”), corresponding to 9.8% of the shares and votes in the company. The transaction establishes Equinor as the second largest shareholder in Ørsted, after the Danish State, which holds a controlling stake in the company. “Equinor has a long-term perspective and will be a supportive owner … Continue reading Equinor acquires a 9.8% minority stake in Ørsted
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China Rolls Off World’s Largest Floating Offshore Wind Turbine
The world’s most powerful floating offshore wind turbine, with a generating capacity of 20 megawatts, has rolled off the production line in Yancheng city, east China’s Jiangsu Province, according to the country’s leading train maker CRRC Corporation Limited (CRRC). The wind turbine, independently developed by China, features a wind wheel with a diameter of 260 … Continue reading China Rolls Off World’s Largest Floating Offshore Wind Turbine
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Tracking progress toward tripling renewable energy capacity and doubling energy efficiency by 2030
A key aspect of the text of the Outcome of the First Global Stocktake was the explicit recognition of the role of renewable energy in rapidly and drastically reducing global greenhouse gas emissions to align the world with a 1.5°C-compatible pathway. To this end, the text called on all Parties to the Convention to contribute … Continue reading Tracking progress toward tripling renewable energy capacity and doubling energy efficiency by 2030
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Electricity distributed by Iberdrola reaches all-time highs
Iberdrola’s distributed electricity has reached an all-time high, registering 177,943 GWh in the first nine months, an increase of 2.5% compared to the same period last year. The good performance in electricity distribution was driven by the recovery of electricity demand in all the markets where the company is present. To respond to this increase … Continue reading Electricity distributed by Iberdrola reaches all-time highs
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Morocco inaugurates new wind farm near Essaouira
The National Office of Electricity and Drinking Water (ONEE) recently inaugurated the 270 MW Jbel Lahdid wind farm in the province of Essaouira. This addition brings Morocco’s total renewable energy capacity to 5,440 MW, of which 2,400 MW is wind-generated, representing 45% of the country’s total production capacity. The project aligns with Morocco’s ambitious goal … Continue reading Morocco inaugurates new wind farm near Essaouira
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Global Goal of Tripling Renewables Needs USD 1.5 Trillion Investment Per Year
Official tracking report of UAE Consensus energy goals confirms significant gaps in progress towards tripling renewables and doubling energy efficiency by 2030; recommends priority actions and dramatic scale of investment for next round of NDCs. Despite an unprecedented acceleration in renewable energy deployment in 2023, progress falls short to triple renewables by 2030. Current national … Continue reading Global Goal of Tripling Renewables Needs USD 1.5 Trillion Investment Per Year
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Iberdrola, the largest electricity company in Europe and one of the two largest worldwide, has announced plans to more than double its UK investment plans
Through its ScottishPower business, Iberdrola has invested £30 billion in the UK over the last 15 years driven by the country’s clear and stable policies and its predictable regulatory frameworks. On top of this, after the Electricity North West (ENW) integration announced this summer, the UK has already become the Group’s largest investment destination to … Continue reading Iberdrola, the largest electricity company in Europe and one of the two largest worldwide, has announced plans to more than double its UK investment plans
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