Category Archives: Evwind

American wind energy now generates over 10 percent of electricity in nine states

In Iowa and South Dakota, wind energy is more than one-fifth of total energy production. The American wind industry experienced record-breaking growth in 2012 as a U.S. power provider. American wind power’s generation shot up 117 percent last year, and produced more than 10 percent of the electricity in nine states, up from five states … Continue reading American wind energy now generates over 10 percent of electricity in nine states

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Mytrah Energy to acquire 59.75MW wind energy assets

Mytrah Energy said it has agreed conditional terms to acquire 59.75MW of existing operational wind power assets in the Indian states of Tamil Nadu and Maharashtra. These assets, which have an average age of under 12 months, comprise wind turbines from Gamesa, ReGen and Enercon. The proposed acquisition has enabled Mytrah Energy to better optimize … Continue reading Mytrah Energy to acquire 59.75MW wind energy assets

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Aquatherm Industries Sets World Record in Solar Thermal Efficiency

Aquatherm Industries, Inc. announced today it has set a world record in solar thermal efficiency with its newest flagship collector, Ultrasun. The collector was tested at TÜV Rheinland PTL in Tempe, Arizona to ISO Standard 9806 and certified by IAPMO R&T (International Association of Plumbing & Mechanical Officials). Aquatherm Industries, Inc. announced today it has … Continue reading Aquatherm Industries Sets World Record in Solar Thermal Efficiency

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Desertec Foundation endorses King Saud University Point Focus Fresnel Collector

Researchers at King Saud University (KSU) in the Kingdom of Saudi Arabia (KSA) have developed, engineered, and built an innovative and low-cost system of concentrating solar collectors that is currently being tested at the KSU campus in Riyadh prior to commercialisation. Their Point Focus Fresnel Collector (PFFC) technology has a strong potential to provide a … Continue reading Desertec Foundation endorses King Saud University Point Focus Fresnel Collector

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400 MW for San Antonio: ground-breaking ceremony held

This represents the first phase of major solar power plants that will develop around San Antonio by 2016. In early March, KACO new energy and its consortium partners celebrated the start of construction on the first part of the San Antonio project, which will deliver a total of 400 MW of solar power once completed. … Continue reading 400 MW for San Antonio: ground-breaking ceremony held

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Peru Inaugurates Two Solar Power Plants

President Ollanta Humala has inaugurated two solar power plants in the southern Peruvian regions of Tacna and Moquegua built by Spain’s Solar Pack and Gestamp Solar.   “Energy in the poorest towns is an instrument of social inclusion,” Humala said during the inauguration ceremony.   The $95.7 million Tacna solar power plant sprawls over 121 … Continue reading Peru Inaugurates Two Solar Power Plants

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Tractebel Engineering announces first ever wind farm in Peru

Responsible for the site supervision and design review Tractebel Engineering (Peru) assists ContourGlobal to build the first ever wind farm in Peru to meet the growing energy demand. The Inka Wind Power Complex features two wind farms with a total installed capacity of 110 MW, to be built along the northern shore or Peru, approximately … Continue reading Tractebel Engineering announces first ever wind farm in Peru

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Hydroelectricity and Geothermal’s Global Growth

Enel Green Power is central in the growth of hydroelectricity and geothermal energy up and down North and Latin America. Hydroelectricity and geothermal energy – two renewable programmable sources that can power base load plants – are still growing worldwide. According to a new report published by the Worldwatch Institute, total installed hydroelectricity capacity installed … Continue reading Hydroelectricity and Geothermal’s Global Growth

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Concentrated solar power plant Shams-1 built to be formally inaugurated on Sunday

The inauguration of the world’s largest solar power plant in operation, the $600 million, 100 megawatt Shams-1 located 120 kilometres southwest of Abu Dhabi will enable its parent Masdar gain a competitive edge in developing and investing in similar projects in the region, a senior official at Shams-1 said yesterday. “The project will build a … Continue reading Concentrated solar power plant Shams-1 built to be formally inaugurated on Sunday

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Elecnor wins an international award for its financing deal for L’

Enerfin Energy Company of Canada Inc, a wholly-owned subsidiary of the Spanish infrastructure developer Elecnor Group, has announced today that the C$250 Million Senior Secured Construction and Term Loan Facility for its L’Érable Wind Farm project located in Québec (Canada) has been awarded as the 2012 North American Wind Deal of the Year by Project … Continue reading Elecnor wins an international award for its financing deal for L’

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Why Solar Photovoltaic Companies Can’t Compete with Cheap Chinese Panels

In early 2011, the solar energy sector was growing quickly throughout the world, with money pouring into a variety of exciting companies and projects. But about a year and a half ago, the growth of the manufacturing segment began to slow, and a variety of promising companies were shuttered, according to a solar energy expert. … Continue reading Why Solar Photovoltaic Companies Can’t Compete with Cheap Chinese Panels

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Kenya: Company to start building Sh12.9bn wind farm

Wind turbines. Aeolus is set to build a Sh12.9 billion wind farm in Nyandarua from May. Aeolus Kenya, part of the European renewable energy group, is planning to put up a 60.8 megawatt wind farm in Kinangop, Nyandarua County, after the financing is finalised within the next 30 days.   Transaction advisers CFC Stanbic Bank … Continue reading Kenya: Company to start building Sh12.9bn wind farm

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CohnReznick and Reznick Capital Markets Close Punta Lima Wind Farm Sale

23.4 MW wind farm deal highlights integrated approach for CohnReznick’s national renewable energy practice and Reznick Capital Markets Securities A multi-disciplinary renewable energy team from CohnReznick LLP (CR), along with key members of Reznick Capital Markets Securities (RCMS), announced the closing of an $88 million sale and leaseback transaction of the 23.4 megawatt Punta Lima … Continue reading CohnReznick and Reznick Capital Markets Close Punta Lima Wind Farm Sale

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DTE Energy to host wind energy open house

In anticipation of the upcoming construction season, DTE Energy will host an open house to provide information about its soon-to-build Echo Wind Farm. The open house, from 11 a.m. to 2 p.m. Wednesday, March 20, at the Pigeon Library, will feature representatives from DTE Energy, Barton-Malow, the construction company, and General Electric, the turbine manufacturer. … Continue reading DTE Energy to host wind energy open house

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Protermosolar: The Concentrated Solar Power generated more than 2,600 million euros in 2012, up from 927 million in premiums received

The solar thermal energy contributed during 2012 with 2.607 million euros to the economy, up from 927 million in premiums received, according to the latest report of the Macroeconomic Impact of Solar Thermal Energy Sector 2012, prepared by the association Protermosolar. Protermosolar further indicates that the tsolar hermal resulted in savings of EUR 280 million … Continue reading Protermosolar: The Concentrated Solar Power generated more than 2,600 million euros in 2012, up from 927 million in premiums received

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Solar Photovoltaic Demand To Reach 31 Gigawatts In 2013

Solar photovoltaic (PV) demand will increase two gigawatts (GW), from 29 GW to 31 GW during 2013, up 7% Y/Y according to the new NPD Solarbuzz Marketbuzz 2013. For the first time, China will outpace Germany to become the leading PV consumer, while the top 10 PV territories will still account for 83% of global … Continue reading Solar Photovoltaic Demand To Reach 31 Gigawatts In 2013

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Nordex: substantial increase in sales in 2012

According to its provisional consolidated financial statements for 2012, sales of the Nordex Group (ISIN: DE000A0D6554) rose by 17.3 percent to EUR 1,075.3 million (previous year: EUR 916.8 million), thus matching the Management Board’s forecast. At EUR 14 million, earnings before interest, taxes and exceptionals were also in line with the Board’s expectations (previous year: … Continue reading Nordex: substantial increase in sales in 2012

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Investing in wind energy makes absolute economic sense

Europe’s ageing power plants need replacing. It makes economic sense to replace a growing proportion of those conventional power plants with wind energy. This is because wind energy does the following:   Creates jobs and economic growth in Europe. 238,000 people worked in EU wind energy in 2010. Reduces the cost of importing fossil fuels. … Continue reading Investing in wind energy makes absolute economic sense

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