Ethiopia has signed purchase and implementation agreements for the 300 MW Aysha-1 wind farm with AMEA Power of the United Arab Emirates (UAE). The Aysha wind energy project is set to become the largest wind energy project in the Horn of Africa after an investment of US$620 million. Minister of Finance Amhed Shide and other … Continue reading Ethiopia signs 300 MW wind power deal with AMEA Power
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China is rapidly expanding its battery fleet for wind power and photovoltaic, but needs to start using it
The average storage system runs only once every two days. The electricity market lacks incentives to fully use its capacity. The solution to encourage the use of these batteries could involve new reforms of its electricity market, according to BloombergNEF. “Having electricity prices that change at different times of day, something many provinces are testing, … Continue reading China is rapidly expanding its battery fleet for wind power and photovoltaic, but needs to start using it
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Statkraft to purchase energy from Avangrid’s 35 MW Casselman wind farm in Somerset County, Pennsylvania
Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, and Statkraft, Europe’s largest producer of renewable energy, today announced the signing of a short-term Virtual Power Purchase Agreement (VPPA) for energy from Avangrid’s 35 MW Casselman wind farm in Pennsylvania. This marks the second such deal between the two … Continue reading Statkraft to purchase energy from Avangrid’s 35 MW Casselman wind farm in Somerset County, Pennsylvania
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Egypt ratifies proposal to increase wind energy capacity
This project could be implemented together with the ongoing works of the consortium’s main project with a capacity of 500 MW in the Gulf of Suez region.The cabinet approved a proposal put forward by a consortium consisting of Engie, Toyota and Orascom Construction Plc to increase wind energy capacity by adding up to 150 megawatts … Continue reading Egypt ratifies proposal to increase wind energy capacity
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Vestas successfully develops Lotus Creek wind farm in Australia and secures 285 MW order from CS Energy
Vestas has received an order for the supply and installation (S&I) of 46 V162-6.2 MW wind turbines from Vestas’ EnVentus platform for CS Energy’s Lotus Creek wind farm, located in central Queensland. With a generation capacity of 285 MW, Vestas will also offer a long-term Active Output Management 5000 (AOM 5000) service agreement, which will … Continue reading Vestas successfully develops Lotus Creek wind farm in Australia and secures 285 MW order from CS Energy
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Iberdrola exceeds 9,000 MW of wind power and photovoltaic in the United States
Through its wind and photovoltaic (PV) facilities, the company supplies sustainable energy to more than 2.3 million American families, a population close to the entire population living in rural areas of Spain.In total, with more than 75 solar and wind projects in 22 states, it is one of the three largest companies in the country … Continue reading Iberdrola exceeds 9,000 MW of wind power and photovoltaic in the United States
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Wind power and photovoltaic energy will lead growth, adding 84 GW in the next decade in Brazil
The Brazilian power market is expected to install 115 gigawatts (GW) of new capacity by 2034, primarily driven by the rise of free market demand. Wind and solar energy will spearhead growth, with 61 GW of utility and distributed solar and 24 GW of onshore wind projects due to be added in the next 10 … Continue reading Wind power and photovoltaic energy will lead growth, adding 84 GW in the next decade in Brazil
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Vestas announces orders for 400 MW wind turbines
Vestas has announced five wind power orders in America and Europe, totaling 404MW. The largest is a 252 MW order, for 56 of its V163-4.5 MW wind turbines for an undisclosed US wind farm. Delivery is planned for the third quarter of 2026 and commissioning will take place in the first quarter of 2027. It … Continue reading Vestas announces orders for 400 MW wind turbines
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EU Wind Power Package is boosting the European wind supply chain
Last October the European Commission published its Wind Power Package which outlines 15 immediate actions to strengthen the competitiveness of Europe’s wind supply chain. The European Commission and the European Investment Bank (EIB) are delivering on this. Most actions fall to the individual EU Member States which have made some progress. As a result, Europe’s wind … Continue reading EU Wind Power Package is boosting the European wind supply chain
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Photovoltaic and wind energy in second week of AugustPhotovoltaic and wind energy
In the second week of August, TTF gas futures prices continued their upward trend from the previous week, reaching levels above €40/MWh, which has not been seen since early December 2023. However, most of the main European electricity markets resisted the rise in gas prices and reached lower prices than the previous week, thanks to … Continue reading Photovoltaic and wind energy in second week of AugustPhotovoltaic and wind energy
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Vestas: Narrowing of full-year outlook due to adjustments to planned costs in Service
Vestas narrows the financial outlook for 2024 on revenue to EUR 16.5bn-17.5bn (from EUR 16bn-18bn) and EBIT margin before special items to 4-5 percent (from 4-6 percent) based on adjustments to planned costs in the Service segment. Inflation indexation remains a key mechanism to protect profitability in the order backlog. However, adjustments to planned costs … Continue reading Vestas: Narrowing of full-year outlook due to adjustments to planned costs in Service
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Expansion of the “La Rumorosa” wind power plant in Mexico
The Baja California State Energy Commission (CEE) is working on a project to increase energy generation at the La Rumorosa 1 wind farm, with the installation of six or seven wind turbines with greater capacity than the five already installed, its director reported. General Joaquín Gutiérrez Ley. The project, which is expected to begin at … Continue reading Expansion of the “La Rumorosa” wind power plant in Mexico
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Wind power company Vestas will invest in the production of more modern wind turbines in Brazil
Vestas announced an investment of 130 million reais (about 23.6 million dollars) in the expansion of its factory in the Brazilian state of Ceará (northeast) to produce a more modern and powerful wind turbine model. Vestas, a world leader in the manufacturing of wind turbines, announced that it will produce the V163 model in Brazil, … Continue reading Wind power company Vestas will invest in the production of more modern wind turbines in Brazil
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The challenges of photovoltaic and wind energy in Chile
Fifteen years ago, when the massive investment in solar and wind energy generation projects began to replace those produced with fossil fuels, it was not anticipated that their production would be greater than the storage and transmission capacity that the country has. The consequence: today part of a valuable cargo coming from the north and … Continue reading The challenges of photovoltaic and wind energy in Chile
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Vestas wins order for 41 MW of wind energy in Spain
Vestas has received an order for 41 MW for the Barranco del Agua II and Carrugueiro wind farms in Spain. The order is being placed by Green Mind Ventures, part of GreenVolt, and includes the supply and installation of six V163-4.5 MW and three V136-4.5 MW wind turbines, as well as a 20-year Active Output … Continue reading Vestas wins order for 41 MW of wind energy in Spain
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CIP project with 730 MW of photovoltaic, 898 MW of wind power and 500 MW of hydrogen in Teruel
The Catalina project that CIP promotes in the province of Teruel includes 7 wind farms, 6 photovoltaic parks, their evacuation infrastructure to the green hydrogen production plant, and the 400 kV connection line. Copenhagen Infrastructure Partners (CIP), the Danish fund that will build the Maestrazgo Cluster, has estimated the number of trees that will be … Continue reading CIP project with 730 MW of photovoltaic, 898 MW of wind power and 500 MW of hydrogen in Teruel
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OX2 sells 99 MW wind farm in Romania for 2.5 billion SEK
OX2 has closed an agreement to sell a 99.2 MW onshore wind project in Romania to Nala Renewables, a joint venture between IFM Investors and Trafigura. The agreement includes construction of the wind farm and the contract value is 2.48 billion SEK*. The project is located in the Eastern part of Romania and will consist of 16 … Continue reading OX2 sells 99 MW wind farm in Romania for 2.5 billion SEK
Continue readingVestas wins 99 MW wind power project in Romania
Vestas has received an order for 99 MW from OX2 for an undisclosed wind energy project in Romania. Vestas will deliver 16 V162-6.2 MW wind turbines. The order also includes the supply, delivery and commissioning of the wind turbines. Upon completion, Vestas will service the turbines under a 35-year Active Output Management 5000 (AOM 5000) … Continue reading Vestas wins 99 MW wind power project in Romania
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Nordex receives orders for 57 MW of wind power in France
Orders also include Premium Service for the maintenance of the wind turbines for 20 years after their commissioning in autumn 2025. In Centre-Val-de-Loire, four N149/5.X wind turbines are being installed on 105-metre-high steel tube towers in a 22.8 MW wind farm. For a 34.4 MW wind farm in Hauts de France, the Nordex Group will … Continue reading Nordex receives orders for 57 MW of wind power in France
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Clean Energy Industry to Power Economic Growth with $500 Billion in New Investments, 100K New Manufacturing Jobs
A new report released today by the American Clean Power Association (ACP) shows that, in the last two years, the U.S. clean energy industry has announced $500 billion in new investments, spurring the American economy and creating tens of thousands of new jobs. ACP’s 2024 Clean Energy Investing in America report finds that the industry … Continue reading Clean Energy Industry to Power Economic Growth with $500 Billion in New Investments, 100K New Manufacturing Jobs
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