Danish wind turbine manufacturer Vestas has announced that it has secured a 50 MW supply order in Romania for 12 wind turbines. As part of Vestas’ procurement of new wind turbines in Q4 2024, an agreement has been concluded with Eolenerg Project SRL for a 50 MW wind farm in Sacele, Constanta County, south-east Romania. … Continue reading Vestas secures 50 MW wind order in Romania
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African Development Bank approves $54 million loan for Mozambique’s first wind energy project
The Board of Directors of the African Development Bank has approved a loan of $54 million for a 120 MW onshore wind farm that will help position Mozambique as a regional energy hub. The Bank’s loan, which includes $12 million from the Sustainable Energy Fund for Africa (SEFA), is in addition to financing expected from … Continue reading African Development Bank approves $54 million loan for Mozambique’s first wind energy project
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Towards the battery quinquennium: A catalyst for profitability in the renewable sector
In the last AleaSoft Energy Forecasting webinar, with the participation of Deloitte, the discussion highlighted how the reductions in battery costs and their hybridisation with renewable energies will be fundamental to increase the profitability of renewable energy projects. Analyses indicate that batteries, especially in hybrid systems, are starting to become profitable, opening the door to … Continue reading Towards the battery quinquennium: A catalyst for profitability in the renewable sector
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Global market for key clean technologies set to triple to more than $2 trillion over the coming decade as energy transitions advance
First-of-its-kind IEA analysis shows complex interplay between energy, industrial and trade policies as countries seek to secure supply chains and economic opportunities The rapid uptake of clean energy technologies offers major opportunities for countries looking to manufacture and trade them but also presents challenging decisions for governments, which face tensions and trade-offs based on the … Continue reading Global market for key clean technologies set to triple to more than $2 trillion over the coming decade as energy transitions advance
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Kail wind farm – RWE to build in State of Rhineland-Palatinate
The construction site has been set up, roads and surfaces prepared – so it’s all systems go. Kail wind farm is being built in the state of Rhineland-Palatinate, around 50 kilometres southwest of the city of Koblenz. On the high plateau near the Moselle, RWE is building three wind turbines with a total capacity of … Continue reading Kail wind farm – RWE to build in State of Rhineland-Palatinate
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Forty Mile wind farm powers up clean electricity for Alberta
ACCIONA Energía, a world leader in renewable energy generation, announced today that its new Forty Mile Wind Farm in southern Alberta has started to send renewable electricity to the province’s power grid. The project, which remains on track for completion in the first quarter of 2025, will generate enough clean energy to power more than … Continue reading Forty Mile wind farm powers up clean electricity for Alberta
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Nova Clean Energy Announces Execution of Key Contracts for 1 Gigawatt of New Wind Power in Texas
Contrary to expectations, Texas is the leading wind energy producer in the U.S. Driven by industrial electrification in the oil and gas and petrochemical sectors, an emerging hydrogen market, and the expansion of data centers, ERCOT anticipates that Texas’ wind power will continue surging, exceeding 150 GW by 2030. Nova Clean Energy is among the … Continue reading Nova Clean Energy Announces Execution of Key Contracts for 1 Gigawatt of New Wind Power in Texas
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Photovoltaic and wind energy in the fourth week of October
In the fourth week of October, TTF gas futures prices increased, reaching values not seen since November 2023. CO2 futures also rose. Wind energy production declined in most markets and demand increased in some markets. All these factors led to higher prices in most major European electricity markets. On October 22, photovoltaic energy registered the … Continue reading Photovoltaic and wind energy in the fourth week of October
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Sany Renewable’s indian unit receives two large wind power orders
The Indian subsidiary of Chinese wind power giant Sany Renewable Energy has received two large orders for wind power generators. Sany Wind Energy India will provide wind turbines with a total power generating capacity of over 1.3 gigawatts to three subsidiaries of Indian conglomerate JSW Group and wind turbines with a power generating capacity of … Continue reading Sany Renewable’s indian unit receives two large wind power orders
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Chinese manufacturers unveil 27 new wind turbine models at China Wind Power
China moves at a different pace. On October 16, 17, and 18, the China Wind Power 2024 fair was held in Beijing, one of the largest in the world alongside Wind Energy Hamburg, and undoubtedly the one with the greatest influence from Chinese OEMs and suppliers. A total of 12 local manufacturers attended: Goldwind, Envision, … Continue reading Chinese manufacturers unveil 27 new wind turbine models at China Wind Power
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Saudi Arabia signs localization agreements for wind energy steel towers
Steel towers for wind energy systems will soon be manufactured in Saudi Arabia following the signing of two agreements by the Kingdom’s Local Content and Government Procurement Authority. The deals, made in partnership with Al-Yamamah Steel Industries Co. and Arabian International Co. for Steel Structures, aim to localize production and transfer critical knowledge in the wind energy … Continue reading Saudi Arabia signs localization agreements for wind energy steel towers
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Behind the Blades: How Paula Pérez Engineers Equitable Wind Energy Solutions
Paula Pérez is an engineer by training, but to this National Renewable Energy Laboratory (NREL) researcher, engineering is about people. “I’ve always felt that engineering is for solving people problems,” said Pérez, who studies wind energy equity and techno-economic analysis. “I think our work should center the people who will be impacted by it.” With … Continue reading Behind the Blades: How Paula Pérez Engineers Equitable Wind Energy Solutions
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Global LCOE (levelized cost of electricity) competitiveness of wind power and photovoltaic (PV) is increasing
The cost competitiveness of these technologies varies significantly across regions, but overall, renewables are on track to overtake traditional fossil fuel sources. Wood Mackenzie has released five regional Levelised Cost of Electricity (LCOE) reports for 2024, which provide an in-depth analysis of the evolving electricity cost landscape across global markets. These reports, covering Asia Pacific … Continue reading Global LCOE (levelized cost of electricity) competitiveness of wind power and photovoltaic (PV) is increasing
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Draghi says PPAs are good for EU competitiveness: all EU rules must reflect that
Europe must leverage the significant potential for private financing stemming from PPAs. The recent “Draghi Report” on the EU’s competitiveness and economic security singled out PPAs as a key tool for strengthening the EU’s industrial resilience. PPAs have significant benefits: they enable European companies to procure clean energy at competitive and predictable prices. They increase … Continue reading Draghi says PPAs are good for EU competitiveness: all EU rules must reflect that
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US 2023 photovoltaic, wind power, geothermal output up 200% from 2014
15 states had at least 30% power from renewables in 2023. Southeastern US sees surge in photovoltaic generation. The US generated about three times as much electricity from solar, wind and geothermal resources in 2023 than it did in 2014, a decade-long stretch that also saw the percentage of national retail power sales from these … Continue reading US 2023 photovoltaic, wind power, geothermal output up 200% from 2014
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Egypt poised to lead wind energy in Middle East with 76 GW capacity by 2050
Egypt is positioned to become a leading force in wind energy within the Middle East, with the capacity to generate an excess of 76 gigawatts per hour by 2050, according to an international study. This capability would solidify its status as a potential leader in clean energy across the region. Published in the journal “Science … Continue reading Egypt poised to lead wind energy in Middle East with 76 GW capacity by 2050
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OX2 to manage a 211 MW wind farm in Finland
OX2 has signed an asset management agreement for Piiparinmäki wind farm with Nuveen Infrastructure. Under the agreement, OX2 will be responsible for the technical, commercial and financial management of the Piiparinmäki wind farm, to ensure optimal asset performance on the behalf of Nuveen Infrastructure, the private infrastructure investment business of $1.2tn global asset manager Nuveen. … Continue reading OX2 to manage a 211 MW wind farm in Finland
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Concern and uncertainty in the wind energy sector over the new draft bill on fiscal and administrative measures from the Xunta
The draft bill on fiscal and administrative measures from the Xunta has begun its parliamentary process. The wind sector believes that the text proposes a paradigm shift in relation to the repowering of wind farms, which clashes head-on with the fundamental principles of the existing legal system. The wind sector, understanding that the spirit of … Continue reading Concern and uncertainty in the wind energy sector over the new draft bill on fiscal and administrative measures from the Xunta
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Enercon commissions 40 MW Turkish wind farm for Kalyon
German wind turbine manufacturer Enercon GmbH has commissioned all wind turbines at a 40 MW wind farm in Türkiye, Turkey, on behalf of project owner Kalen Enerji, a unit of national energy group Kalyon Enerji. All 10 wind turbines at the Black Sea region site are already supplying electricity to the grid, Enercon said in … Continue reading Enercon commissions 40 MW Turkish wind farm for Kalyon
Continue readingPhotovoltaic and wind power in the third week of October
European electricity market prices rise in the third week of October due to lower renewable energy production and higher demand. In the third week of October, prices in the main European electricity markets remained at similar levels to those observed during the month. Most markets registered higher weekly averages than those of the previous week, … Continue reading Photovoltaic and wind power in the third week of October
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