European electricity market prices continued to fall due to less cold temperatures. In the fourth week of January, European electricity market prices continued the downward trend that started in the previous week. Less cold temperatures drove down demand while gas and CO2 prices continued to fall. The exception was the Iberian market, where the decline … Continue reading Solar photovoltaic (PV) and wind energy in the fourth week of January
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GE Vernova to build onshore electrical connection for Poland’s largest offshore wind farm, Baltica
GE Vernova’s Grid Solutions business, in partnership with Polimex Mostostal, has been awarded a key contract for the Baltica 2 Offshore Wind Farm in Poland.The project involves building the onshore infrastructure including a 275/400 kV high voltage substation including STATCOMs and onshore export lines for efficient power transfer to the Polish Power System.Baltica Offshore Wind … Continue reading GE Vernova to build onshore electrical connection for Poland’s largest offshore wind farm, Baltica
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Suzlon secures new order for 642 MW of wind power from Evren
Suzlon will supply 214 wind turbines with a nominal capacity of 3 MW each. Wind farm in Andhra Pradesh, with a total installed capacity of 642 MW.Suzlon Group, India’s largest renewable energy solutions provider, today announced the award of an order for the supply of wind turbines for a 642 MW wind power project from … Continue reading Suzlon secures new order for 642 MW of wind power from Evren
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ACP Statement on Coastal Virginia Offshore Wind Project Moving to Construction Phase
The American Clean Power Association (ACP) released the following statement from Anne Reynolds, ACP Vice President for Offshore Wind, after the Department of the Interior approved the Construction and Operations Plan for Dominion Energy’s Coastal Virginia Offshore Wind (CVOW) project: “This approval is yet another milestone toward America’s energy security and clean energy future. As … Continue reading ACP Statement on Coastal Virginia Offshore Wind Project Moving to Construction Phase
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GE Vernova announces 1.4 GW of onshore wind projects with Squadron Energy in Australia
GE Vernova to supply the 6.0-164 workhorse wind turbine in strategic framework agreement, providing 1.4 GW of wind power generation across three sites.Framework agreement includes 414 MW Uungala Wind Farm, 400 MW Jeremiah Wind Farm and 700 MW Spicers Creek Wind Farm, all in New South Wales. Spicers Creek is a key project in New … Continue reading GE Vernova announces 1.4 GW of onshore wind projects with Squadron Energy in Australia
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Skipjack Wind to be repositioned for future offtake opportunities
Ørsted announced that it will reposition Skipjack Wind, a combined 966 MW project under development off the coast of the Delmarva peninsula in the US, for future offtake opportunities. Following consultation with the State of Maryland, Ørsted has withdrawn from the Maryland Public Service Commission orders approving the Skipjack 1 and 2 projects. Ørsted intends … Continue reading Skipjack Wind to be repositioned for future offtake opportunities
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EDP Renewables expands its presence in wind, photovoltaics and storage in Australia
EDP Renewables (EDPR), a global leader in renewable energy, has expanded its Asia Pacific presence into Australia to tap into the country’s substantial growth prospects in renewable energy. To fully enact its strategy and commitment to the market, the company has acquired the local renewables company ITP Development (ITPD). As an integral addition to EDPR, … Continue reading EDP Renewables expands its presence in wind, photovoltaics and storage in Australia
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Equinor to take full ownership in Empire Wind through a swap transaction with bp in the US
Equinor (OSE: EQNR, NYSE: EQNR) has entered into a swap transaction with bp, under which Equinor will take full ownership of the Empire Wind lease and projects and bp will take full ownership of the Beacon Wind lease and projects. Under the agreement, Equinor will take 100% ownership of Empire Offshore Wind Holdings LLC. Subject … Continue reading Equinor to take full ownership in Empire Wind through a swap transaction with bp in the US
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Invenergy awarded 291 megawatt wind energy contract from Hydro-Québec
Invenergy, the leading privately held global developer, owner, and operator of sustainable energy solutions, is pleased to confirm today that Hydro-Quebec has selected the Pohénégamook–Picard–Saint-Antonin–Wolastokuk 2 (PPAW 2) wind project to be developed and constructed as part of its A/O 2023-01 tender for the acquisition of wind energy. Developed in equal partnership with Alliance de … Continue reading Invenergy awarded 291 megawatt wind energy contract from Hydro-Québec
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Ørsted pulls out of Maryland offshore wind power projects citing economic conditions
Energy multinational Ørsted has unexpectedly withdrawn from agreements with the state of Maryland to develop two offshore wind projects. The decision came as a result of worsening economic conditions and challenges facing the company. Initially, Orsted had been selected by the Maryland Public Service Commission (PSC) to develop the Skipjack Wind 1 and Skipjack Wind … Continue reading Ørsted pulls out of Maryland offshore wind power projects citing economic conditions
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CIP to invest $1.92 billion in offshore wind energy in the Philippines
CIP’s wind farm will stretch along the northern coast of Northern Samar province and is expected to begin operations in late 2025.Copenhagen Infrastructure Partners (CIP) will invest PHP 108 billion ($1.92 billion) in a 650 MW offshore wind energy park in Northern Samar province, Philippines. The project was confirmed at a Northern Samar provincial government … Continue reading CIP to invest $1.92 billion in offshore wind energy in the Philippines
Continue readingSkipjack Wind to be repositioned for future offtake opportunities
Ørsted announced that it will reposition Skipjack Wind, a combined 966 MW project under development off the coast of the Delmarva peninsula in the US, for future offtake opportunities. Following consultation with the State of Maryland, Ørsted has withdrawn from the Maryland Public Service Commission orders approving the Skipjack 1 and 2 projects. Ørsted intends … Continue reading Skipjack Wind to be repositioned for future offtake opportunities
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Unprecedented renewables growth keeps 2030 tripling dream alive – IEA’s Heymi Bahar
The world added 50% more renewable capacity in 2023 than in 2022, with the next five years set to see the fastest growth yet. China and solar photovoltaic (PV) were the stars of the show. Energy Monitor interviews Heymi Bahar, co-author of the IEA’s Renewables 2023 report. Renewable energy around the world is expanding faster … Continue reading Unprecedented renewables growth keeps 2030 tripling dream alive – IEA’s Heymi Bahar
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China provides more than half of the world’s additional wind and solar photovoltaic (PV) capacity in 2023
A total of 510 gigawatts of renewable energy generation capacity will be installed worldwide in 2023, with China contributing more than 50 percent, the National Energy Administration (NEA) said Thursday. China has become an indispensable force to drive the development of clean energy globally, ANE official Pan Huimin said at a press conference. The briefing … Continue reading China provides more than half of the world’s additional wind and solar photovoltaic (PV) capacity in 2023
Continue readingUS offshore wind industry reaches 3.7 gigawatts
The US offshore wind industry suffered one blow after another last year, including the cancellation of two projects totaling 2.2 gigawatts planned for the Atlantic Ocean, off the coast of New Jersey. That made for some cheering among offshore wind opponents, but perhaps they should have kept their pom-poms dry. Earlier today the New Jersey … Continue reading US offshore wind industry reaches 3.7 gigawatts
Continue readingØrsted to acquire full ownership of Sunrise Wind subject to award in New York 4 offshore wind solicitation
Ørsted has signed an agreement with Eversource to acquire Eversource’s 50 % share of Sunrise Wind, a 924 MW offshore wind farm which would deliver power to New York. The acquisition is subject to the successful award of Sunrise Wind in the ongoing New York 4 solicitation for offshore wind capacity, signing of an OREC … Continue reading Ørsted to acquire full ownership of Sunrise Wind subject to award in New York 4 offshore wind solicitation
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Wind energy reaches 21 GW of installed capacity in Brazil
Energy generation from wind power reached 21.03 gigawatts (GW) of installed capacity in Brazil, compared to 17.7 GW in 2020, with 777 wind farms distributed in 12 states. The data is from the Brazilian Wind Energy Association (Abeeólica). According to the association, the energy generated is enough to supply 28.8 million homes and serve around … Continue reading Wind energy reaches 21 GW of installed capacity in Brazil
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The economics of wind and photovoltaics (PV) demand massive investments in integration now
The expansion of renewable energy and electrification is growing rapidly in many parts of the world as momentum behind the global energy transition gathers pace. While the renewable energy technologies driving this change are well-known and, in many cases, cost competitive with fossil fuels, the fundamental infrastructure required for their deployment is lagging. Insufficient grid … Continue reading The economics of wind and photovoltaics (PV) demand massive investments in integration now
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DHL Group secures green electricity from RWE’s Offshore Wind Farm
DHL Group has agreed a long-term electricity supply contract with RWE Supply & Trading for the purchase of around 104 gigawatt-hours of electricity from renewable sources per year from 2026, thus taking a further step towards its own decarbonization targets. The electricity will be produced in the Kaskasi offshore wind farm in the German North … Continue reading DHL Group secures green electricity from RWE’s Offshore Wind Farm
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ACP Statement on New Jersey Offshore Wind Solicitation Awards
The American Clean Power Association (ACP) released the following statement from Anne Reynolds, ACP Vice President for Offshore Wind after the New Jersey Board of Public Utilities announced the procurement of 3,742 MW of offshore wind to Attentive Energy Two (1,342 MW) and Leading Light Wind (2,400 MW): “Governor Murphy’s leadership is positioning New Jersey … Continue reading ACP Statement on New Jersey Offshore Wind Solicitation Awards
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