Tag Archives: Renewable Energy

EU electricity market design deal will help restore investment certainty

Posted on February 10, 2024 by Now.Solar

Last night the European Parliament and the Council reached an agreement on the EU’s electricity market design revision. The deal is a good compromise which will help restore the confidence of renewables investors. Crucially it avoids permanently enshrining inframarginal revenue … Continue reading →

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Mingyang increases its bet in the wind turbine race with a 20 MW wind turbine

Posted on February 10, 2024 by Now.Solar

Mingyang Smart Energy, a leading wind turbine manufacturer in China, has announced plans to develop a new 20 MW offshore wind turbine. The move comes as part of a growing “arms race” in the wind energy industry, as companies compete … Continue reading →

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GE’s Newly Unveiled 18 MW Wind Turbine Will Work Offshore Japan

Posted on February 9, 2024 by Now.Solar

GE Renewable Energy has recently unveiled its innovative 18 MW wind turbine, which will be installed offshore Japan. The enormous dimensions and impressive capabilities of this turbine mark a significant advance in renewable energy technology. With a rotor diameter of … Continue reading →

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Victoria, Australia publishes strategy to boost offshore wind power

Posted on February 9, 2024 by Now.Solar

The government of Victoria, Australia, has recently revealed its updated strategy to accelerate the growth of the offshore wind industry in the state. The strategy aims to attract investment, drive innovation and position Victoria as a leading hub for offshore … Continue reading →

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GE and Forestalia sign collaborative agreement to install up to 693 MW of wind energy in Spain

Posted on February 8, 2024 by Now.Solar

Framework agreement between GE and Forestalia includes 110 onshore wind turbines across 16 project sites in Aragon, Spain. First phase of 33 wind turbines already underway. All projects will feature GE’s 6.1-158 workhorse wind turbines. GE Vernova announced today that … Continue reading →

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Louisiana signs agreements for offshore wind power

Posted on February 8, 2024 by Now.Solar

Louisiana recently signed agreements to develop the state’s first offshore wind farms in its coastal waters. These agreements aim to promote renewable energy and strengthen the state’s position as a leader in energy production. The projects are expected to generate … Continue reading →

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PLUSWIND: A new hourly wind speed and generation database for US wind plants

Posted on February 7, 2024 by Now.Solar

In A Thousand Mile Walk to the Gulf, John Muir elegantly discussed the limits of scientific characterization of the wind, saying: “The substance of the winds is too thin for human eyes, their written language is too difficult for human … Continue reading →

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Iberdrola España will repower its first four wind farms and increase production by 30%

Posted on February 7, 2024 by Now.Solar

Iberdrola España will repower four onshore wind farms in Galicia and Castilla La Mancha, which will reduce the number of wind turbines installed in both communities by 200 and increase the energy production of the facilities by an average of 30%. The machines … Continue reading →

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Vestas is awarded a 186 MW wind power project in Finland

Posted on February 6, 2024 by Now.Solar

Vestas has received a firm order from Ilmatar, a Nordic energy company and independent power producer (IPP), for the Pahkakoski wind farm in the municipality of Ii, located 60 kilometers from the city of Oulu, Finland. The order consists of … Continue reading →

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GlassPoint Introduces Advances in Concentrated Solar Power Technology That Reduce Solar Steam Costs by 30%

Posted on February 6, 2024 by Now.Solar

GlassPoint Unveils Technology Advancements Reducing Solar Steam Costs by 30% GlassPoint, the leader in decarbonizing industrial process heat, today unveiled a range of technology advances that drive a 30% reduction in the cost of solar steam. In addition, the company … Continue reading →

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Suzlon wins 100.8 MW wind order for 3 MW wind turbines

Posted on February 5, 2024 by Now.Solar

Supply 32 wind turbines with a nominal power of 3.15 MW each. Wind farm with a total installed capacity of 100.8 MW to be completed in Gujarat. The electricity generated by the project will be supplied to Gujarat Urja Vikas … Continue reading →

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EDP is the world’s number 1 among electric utilities in the Dow Jones global sustainability indices

Posted on February 4, 2024 by Now.Solar

With a final score of 88 points, above average in the energy sector, EDP group, of which EDPR takes part, stands out as one of the world’s sustainability champions. EDP group, of which EDPR is part, has once again been … Continue reading →

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Biden delays development of wind energy in the Atlantic

Posted on February 3, 2024 by Now.Solar

The Biden administration’s recent decision to reduce its leasing proposal for offshore wind projects in the Atlantic has raised questions and criticism. The move has sparked concern among environmental advocates and industry experts, who fear it could hinder progress in … Continue reading →

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Statkraft to acquire major Loch Ness pumped storage hydro project

Posted on February 3, 2024 by Now.Solar

Statkraft, Europe’s largest renewable power generator, has agreed to acquire the Red John Pumped Storage Hydro Scheme, from Intelligent Land Investments Group (ILI).   The 450MW scheme, first conceived in 2015, was granted consent by Scottish Government ministers in June 2021. … Continue reading →

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All wind turbines at the Saint-Brieuc wind farm are complete

Posted on February 2, 2024 by Now.Solar

The Saint-Brieuc Wind Farm located off the coast of northwestern France has reached a significant milestone, with all its wind turbines successfully installed and standing tall. The completion of this ambitious project marks a major achievement in the country’s renewable … Continue reading →

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Increase in the contribution of Spanish wind energy in the main indicators

Posted on February 2, 2024 by Now.Solar

The wind sector accounts for 0.50% of the GDP in Spain (0.49% previous year), generates more than 39,000 jobs (32,000 previous year, a 14% increase), exports more than 2,500 million euros and saves 6,492 million of euros in the import … Continue reading →

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EU Governments commit to take urgent actions outlined in the Wind Power Package

Posted on February 1, 2024 by Now.Solar

In October the European Commission published the Wind Power Package: 15 immediate actions to strengthen the competitiveness of Europe’s wind value chain. The European Commission and European Investment Bank are delivering on their bits of the package already. But the … Continue reading →

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All wind turbines at Iberdrola’s Saint-Brieuc offshore wind farm in France have been installed

Posted on February 1, 2024 by Now.Solar

Iberdrola has announced that turbine installation at the Saint-Brieuc wind farm in France has been completed.  Norwegian company Fred Olsen’s Brave Tern jack-up vessel installed the last 8 MW wind turbine at position SB49 on 17 December 2023. The ship has made 18 … Continue reading →

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Wind energy and solar power break records and generate more than half of all electricity in Spain in 2023

Posted on January 31, 2024 by Now.Solar

Renewable energies could close the year representing more than 50% of the national mix, a historical maximum and almost nine percentage points higher than the 2022 quota. Wind and solar photovoltaics complete an exceptional year, with respective records for production … Continue reading →

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RWE and GNO, Inc. Release Louisiana Offshore Wind Supply Chain Database Signaling Further Market Readiness Along the Gulf Coast

Posted on January 31, 2024 by Now.Solar

RWE, a leading offshore wind company globally, and Greater New Orleans, Inc. (GNO, Inc.) today released the findings of a one year collaboration to accelerate the engagement of Louisiana’s offshore wind supply chain. The result of the engagement is a … Continue reading →

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Taiwan to offer 3 GW of offshore wind power in March 2024 auction

Posted on January 30, 2024 by Now.Solar

Taiwan will offer a whopping 3 GW of offshore wind projects in its next auction in March 2024. The maximum wind farm capacity for this auction is set at 900 MW. This move is part of Taiwan’s ongoing efforts to … Continue reading →

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BlueFloat and Origin submit joint bid for 1.7 GW of wind in Australia

Posted on January 30, 2024 by Now.Solar

BlueFloat Energy, a leading renewable energy company, and Origin Energy, an Australian energy retailer, have joined forces to submit a joint bid for a 1.7 GW offshore wind project in Australia. The project aims to harness Australia’s vast offshore wind … Continue reading →

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There is still capacity to export more renewable energy avoiding curtailments and price cannibalization

Posted on January 29, 2024 by Now.Solar

The profile of electricity exchanges between the Iberian Peninsula and France shows interesting results. The Iberian exception represented a profound disruption in the pattern of exchanges between the Iberian and French markets. The analysis of exchanges by months of the … Continue reading →

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The impact of solar photovoltaic energy on prices

Posted on January 29, 2024 by Now.Solar

The growth of renewable energies, especially solar photovoltaic energy, is transforming the price profile of the electricity market in Spain. The clear influence of solar energy stands out, with prices falling during the hours of maximum solar radiation from 2021. … Continue reading →

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Acciona to develop one of Australia’s largest green power grids

Posted on January 28, 2024 by Now.Solar

ACEREZ, a consortium formed by ACCIONA, Cobra and Endeavour Energy, has signed an agreement with EnergyCo — the government agency responsible for developing Renewable Energy Zones (REZ) in New South Wales — to become the preferred network operator that will … Continue reading →

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Ingeteam R&D in the wind industry: from Spain to the world

Posted on January 28, 2024 by Now.Solar

Technological innovation is a key factor in Ingeteam’s operations and is the driving force behind its growth, development and leadership.  Research, development and innovation plays a fundamental role in the company and that’s why more than 400 people are dedicated … Continue reading →

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Ørsted takes final investment decision on Hornsea 3 Offshore Wind Farm

Posted on January 27, 2024 by Now.Solar

Ørsted has taken final investment decision (FID) on the world’s single largest offshore wind farm, Hornsea 3, which will have a capacity of 2.9 GW and is expected to be completed around the end of 2027. Hornsea 3 will be … Continue reading →

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Vestas wins 108 MW wind power order in South Africa

Posted on January 27, 2024 by Now.Solar

Independent power producer Red Rocket has placed an order for 108 MW for the Witberg wind farm, which will be located in the Western Cape, South Africa. The contract includes the supply and installation of 24 V136-4.5 MW wind turbines, … Continue reading →

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Vestas and Vattenfall sign 1.4 GW preferred supplier agreement for UK offshore wind project and exclusivity agreements for 2.8 GW for two other UK projects

Posted on January 26, 2024 by Now.Solar

Vattenfall, one of Europe’s largest producers and retailers of electricity and heat, and Vestas have signed agreements to elevate the partnership between the two companies and their offshore wind business towards 2030. The agreements are another step in the right … Continue reading →

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EU Commission, Member States and Wind Industry sign the Wind Charter

Posted on January 26, 2024 by Now.Solar

December 19th in Brussels, the EU Commission, EU Member States, and the Wind Industry sign the Wind Charter. The Charter follows the EU`s Wind Power Action Plan that was published by the EU Commission in October. The Plan is a … Continue reading →

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RWE further expands its renewables portfolio in France, securing contracts for one onshore wind project and one solar project

Posted on January 25, 2024 by Now.Solar

The French CRE (Commission for the Regulation of Energy) has published the results of the latest technology-neutral call to tender for hydro, wind and photovoltaic projects. RWE has been awarded one onshore wind project as well as one solar project, … Continue reading →

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Ingeteam and EIB sign €46 million loan to develop cutting-edge technology and new solutions for the energy transition

Posted on January 25, 2024 by Now.Solar

The European Investment Bank (EIB) and Ingeteam have signed a €46 million loan for a two-year investment plan covering the research, development and innovation (RDI) activities of the Spanish company specialised in electrical engineering and the development of electrical equipment, motors, … Continue reading →

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Wind power in Peru: Acciona wind farm

Posted on January 24, 2024 by Now.Solar

ACCIONA Energía has connected its first renewable energy project in Peru, the San Juan de Marcona wind farm (135,7MW), to the National Interconnected Electricity System (SEIN) grid, representing an investment by the global renewable energy company of US$180 million (€164 … Continue reading →

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Iberdrola signs its largest ever credit line for €5.3 billion with 33 banks

Posted on January 24, 2024 by Now.Solar

Iberdrola continues to strengthen its liquidity position, confirming today that it has refinanced €5.3 billion by signing its largest ever credit facility. The agreement, signed with 33 international banks, also helps to consolidate its leadership in sustainable financing, with the conditions of … Continue reading →

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Clean Energy Leader Anne Reynolds Joins ACP as Vice President, Offshore Wind

Posted on January 23, 2024 by Now.Solar

The American Clean Power Association (ACP) today announced that Anne Reynolds, a leader in the clean energy industry, will join the organization as the new Vice President, Offshore Wind, bringing a wealth of experience and a strong track record in … Continue reading →

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Suzlon secures 193.2 MW wind order from The KP Group in Gujarat

Posted on January 23, 2024 by Now.Solar

Supply 92 wind turbines of 2.1 MW nominal power each. Wind farm with a total installed capacity of 193.2 MW to be completed at Vagra and Vilayat in Bharuch district of Gujarat. This will be part of the Wind-Solar Hybrid … Continue reading →

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Vestas is awarded 45 MW of wind power in Germany

Posted on January 22, 2024 by Now.Solar

Vestas has received a firm order from BayWa r.e. for the Dollenkamp wind farm in Brakel, North Rhine-Westphalia, Germany. The order consists of eight V162-5.6 MW wind turbines and includes the supply, delivery and commissioning of the wind turbines. Upon … Continue reading →

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Vestas supplies 14 V162-6.2 wind turbines and 87 MW of wind power in Lithuania

Posted on January 22, 2024 by Now.Solar

Vestas has received a firm order from UAB Vejoteka, owned by Enefit Green, for the Kelme II wind farm project in Lithuania. The order consists of 14 V162-6.2 MW wind turbines and includes the supply, delivery and commissioning of the … Continue reading →

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Türkiye is one of Europe’s leading countries in wind energy

Posted on January 21, 2024 by Now.Solar

While the Global Wind Energy Council pointed out that the terawatt era will begin in global wind energy installed power at the end of 2023, Turkey stood out as the 5th largest wind industry in Europe. The company, which started … Continue reading →

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Solar power and on-shore wind energy provide cheapest electricity and nuclear most expensive

Posted on January 21, 2024 by Now.Solar

Estimates show small modular nuclear reactors would provide most expensive power and will not be available until 2030.Electricity generated by solar and on-shore wind is the cheapest in Australia, even after the significant expense of integrating them into the power … Continue reading →

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Vattenfall switches from 15 MW wind turbines from Siemens Gamesa to Vestas for offshore wind projects in Norfolk

Posted on January 20, 2024 by Now.Solar

Vattenfall, the Swedish power company, has announced that it will switch from Siemens Gamesa to Vestas as the supplier of wind turbines for its planned offshore wind projects in Norfolk, United Kingdom. Vattenfall’s decision to opt for Vestas’ 15 MW … Continue reading →

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Vestas secures a 401 MW order for a wind farm in Arizona, USA

Posted on January 20, 2024 by Now.Solar

Vestas has received a nameplate capacity order of 401 MW for the West Camp Wind Farm in Navajo County, Arizona, owned by The AES Corporation. The order consists of 89 V150-4.5 MW wind turbines. The order includes the supply, delivery … Continue reading →

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Vestas and RWE partner to promote exclusivity agreements and preferred suppliers for the Norfolk Wind Zone

Posted on January 19, 2024 by Now.Solar

Vestas is pleased to announce that it is partnering with RWE, one of the world’s leading renewable energy companies, to power the UK’s Norfolk wind farm, following yesterday’s agreement between RWE and Vattenfall for RWE to take over of the … Continue reading →

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Vestas wins order for Ecowende’s Hollandse Kust West offshore wind farm in the Netherlands

Posted on January 19, 2024 by Now.Solar

Dutch wind farm developer Ecowende, a joint venture between Shell and Eneco, has placed an order for 52 V236-15.0 MW wind turbines for the Ecowende wind farm at Hollandse Kust Site VI (west). Once installed, Vestas will service the wind … Continue reading →

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Vattenfall to divest Norfolk Offshore Wind Zone to RWE

Posted on January 18, 2024 by Now.Solar

Vattenfall has signed an agreement with RWE to divest the Norfolk Offshore Wind Zone. The agreed purchase price corresponds to an enterprise value of £963 million. The deal ensures the continued development of the projects and fossil-free electricity for millions … Continue reading →

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ACP Statement on Administration Guidance for Green Hydrogen Tax Credits

Posted on January 18, 2024 by Now.Solar

The American Clean Power Association (ACP) released the following statement from ACP Chief Executive Officer Jason Grumet after the U.S. Treasury Department released proposed guidance on clean energy investment and production tax credits for green hydrogen projects: “The Biden Administration’s … Continue reading →

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OX2 has handed over Juniewicze wind farm in Poland to Octopus Energy Generation

Posted on January 17, 2024 by Now.Solar

OX2 has handed over the Juniewicze wind farm in the municipality of Huszlew, Poland, to Octopus Energy Generation. The wind farm comprises 16 wind turbines with a total installed capacity of 48 MW. OX2 and Octopus Energy Generation signed a … Continue reading →

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Elevated subsidies enable offshore wind to end 2023 on a high note

Posted on January 17, 2024 by Now.Solar

Ørsted’s final investment decision on the Hornsea 3 project reveals the intricate dynamics of competitive tenders, pricing strategies, and regulatory advantages, showcasing how higher subsidies is shaping the success of offshore wind projects and emphasising the pivotal role of policy … Continue reading →

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U.S. Department of Energy Top Clean Energy Accomplishments in 2023

Posted on January 16, 2024 by Now.Solar

In 2023, the U.S. Department of Energy (DOE) made monumental strides in advancing the clean energy goals of the Biden-Harris Administration. Through hundreds of funding announcements to make clean energy more accessible in every state, investments in scientific research, historic … Continue reading →

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Scotland: TotalEnergies Farms Down 25.5% of the Seagreen Offshore Wind Farm to PTTEP

Posted on January 16, 2024 by Now.Solar

In line with its renewables business model, TotalEnergies has signed an agreement with Thailand’s national oil and gas company PTTEP for the sale of a 25.5% equity stake in the Seagreen offshore wind farm for a consideration of £522 million … Continue reading →

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