End of October and beginning of November marked by rising prices in European electricity markets. In the last week of October, prices in most major European electricity markets increased compared to the previous week, with weekly averages exceeding €80/MWh. On November 4, some markets registered their highest hourly prices of the year. Photovoltaic energy reached … Continue reading Solar photovoltaic and wind energy in the last week of October
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Wind energy leads generation in Spain with 26.3% in October and photovoltaic reached 13.4%
During this month of October, renewables have generated 15.4% more than in the same period of the previous year and have accounted for 55.9% of the monthly mix. Wind energy leads the generation structure by producing 26.3% of the national total recorded in the month of October.National electricity demand experienced an increase of 1.9% in … Continue reading Wind energy leads generation in Spain with 26.3% in October and photovoltaic reached 13.4%
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Vestas – Interim Financial Report, Third Quarter 2024
Summary: Quarterly revenue of EUR 5.2bn with an EBIT margin before special items of 4.5 percent. Order intake of 4.4 GW and combined order backlog of EUR 63.4bn. Revenue and EBIT margin guidance maintained with adjustments to Service EBIT and total investments. Lower end of the guidance range now more likely for the Group EBIT … Continue reading Vestas – Interim Financial Report, Third Quarter 2024
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Acciona Energía expands its wind portfolio in the US with two new wind farms (300 MW)
The Green Pastures I and II wind farms are located in Texas and will generate approximately 1.1 TWh of renewable energy per year. SEYMUR (TEXAS), NOVEMBER 5, 2024. ACCIONA Energía has announced today the expansion of its portfolio in the United States with the acquisition of two new wind farms: Green Pastures I (150 MW) … Continue reading Acciona Energía expands its wind portfolio in the US with two new wind farms (300 MW)
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East China county committed to develop comprehensive green energy industry
A worker checks equipment at a workshop of a wind power equipment company in Rudong County of Nantong City, east China’s Jiangsu Province, Nov. 2, 2024. In recent years, the coastal county of Rudong has developed a comprehensive green energy industry that integrates resource development, equipment manufacturing, and full utilization. The county has established offshore … Continue reading East China county committed to develop comprehensive green energy industry
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ADB to finance wind potential assessment in Turkmenistan
The Asian Development Bank (ADB) is set to finance a comprehensive assessment of wind energy potential in Turkmenistan, aiming to advance the country’s renewable energy development, Trend reports via ADB. According to the information, the project will focus on identifying viable wind sites, assessing their feasibility, and providing the government with the tools and knowledge … Continue reading ADB to finance wind potential assessment in Turkmenistan
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RWE and Rivian sign 15-year power purchase agreement for clean electricity supply from 127-megawatt Champion Wind Farm in Texas
RWE, the third largest renewable energy company in the U.S., today announced it signed a long-term power purchase agreement (PPA) with electric vehicle manufacturer Rivian for the electricity from an upgraded RWE wind project in West Texas. The PPA underlines RWE’s ability to support the demand for clean electricity from manufacturing, technology and other energy-intensive … Continue reading RWE and Rivian sign 15-year power purchase agreement for clean electricity supply from 127-megawatt Champion Wind Farm in Texas
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Romania advancing its plans for more wind energy
After 10 years of slow growth, Romania wants to boost its wind energy again. Energy Minister Sebastian Burduja summarised their plans at the Power Shift Summit in Bucharest on 29 October: onshore wind CfD auctions starting now; grid expansion underway with the support of EU funds; and the first offshore wind in the Black Sea … Continue reading Romania advancing its plans for more wind energy
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Vestas secures 50 MW wind order in Romania
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
Continue readingPhotovoltaic 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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