In 2024, 47.4% of net electricity generated in the EU came from renewable energy sources, up by 2.6 percentage points (pp) compared with 2023. Among EU countries, Denmark had the highest share of renewables in its net electricity generation with 88.8%, coming mostly from wind, followed by Portugal (87.4%, mostly wind and hydro) and Croatia … Continue reading Electricity from renewable sources will reach 47% in 2024 in the European Union
Continue readingMonthly Archives: March 2025
Egypt Signs Agreement with Siemens Gamesa for Wind Turbines and 500 MW of Wind Power in the Gulf of Suez
The Egyptian Electricity Transmission Company (EETC) has signed an agreement with Siemens Gamesa Renewable Energy to build a 500 MW wind farm in the Gulf of Suez. The signing ceremony took place in the presence of Prime Minister Moustafa Madbouly and Minister of Electricity and Renewable Energy Mahmoud Esmat, marking a significant step in Egypt’s … Continue reading Egypt Signs Agreement with Siemens Gamesa for Wind Turbines and 500 MW of Wind Power in the Gulf of Suez
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Record Growth in Offshore Wind Energy in 2025
Offshore wind power is expected to reach a historic milestone in 2025. According to Rystad Energy, the wind turbines coming online this year will total 19 GW. China plays a central role in this growth. According to data, the country will account for 65% (12.35 GW) of the total estimated to come online. This progress … Continue reading Record Growth in Offshore Wind Energy in 2025
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Copenhagen Infrastructure Partners reaches financial close on Fengmiao I offshore wind farm
Copenhagen Infrastructure Partners (CIP), through its fund Copenhagen Infrastructure V (CI V), has reached financial close on the 495MW Fengmiao I offshore wind project off the coast of Taichung, Taiwan. Fengmiao I is CIP’s third offshore wind project in Taiwan, following the successful construction of Changfang & Xidao and Zhongneng. In December 2022, Fengmiao I … Continue reading Copenhagen Infrastructure Partners reaches financial close on Fengmiao I offshore wind farm
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Ternium Completes Assembly of the Vientos Olavarría Wind Farm
According to a report by Energía Online, the assembly of the 22 Vestas wind turbines that make up the Vientos de Olavarría Wind Farm (PEVO), Ternium’s first major renewable energy project, has been completed.The Vientos de Olavarría Wind Farm involved an investment of more than $220 million and seeks to replace nearly 90% of grid … Continue reading Ternium Completes Assembly of the Vientos Olavarría Wind Farm
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GE Vernova and RWE Sign Wind Energy Agreement in Texas
GE Vernova to Supply 109 Onshore Wind Turbines for Two RWE Wind Farms in the US GE Vernova has signed an agreement with RWE to supply 109 onshore wind turbines for the Honey Mesquite Wind Farm in Glasscock County, Texas, and to refuel the Forest Creek Wind Farm near Big Spring, Texas. The Forest Creek … Continue reading GE Vernova and RWE Sign Wind Energy Agreement in Texas
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G20+ Countries Hold the Key to the Global Renewable Target by 2030
To achieve the global goal of tripling renewable power capacity by 2030, the world’s largest emitters of CO2 emissions in G20 and beyond would need to more than double their annually added installed renewable capacity by 2030. Yet, progress falls short and is unevenly spread in a few economies according to data published by IRENA … Continue reading G20+ Countries Hold the Key to the Global Renewable Target by 2030
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During the week of March 10, wind energy production decreased in most major European markets
Low temperatures and decreased renewable energy production keep European electricity market prices above €100/MWh. In the second week of March, weekly prices in most major European electricity markets exceeded €100/MWh and were higher than in the previous week. Higher electricity demand, associated with colder temperatures, and lower wind and photovoltaic energy production compared to the … Continue reading During the week of March 10, wind energy production decreased in most major European markets
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56.8% of all electricity generated in Spain during 2024 will come from wind power, photovoltaic, or hydroelectric power
56.8% of all electricity generated in Spain last year used natural sources such as wind energy, photovoltaic, or hydroelectric power.The Spanish electricity system added 7.3 GW of new photovoltaic and wind power, the largest amount recorded in a single year to date, and a figure that elevates photovoltaic technology to the leading technology in terms … Continue reading 56.8% of all electricity generated in Spain during 2024 will come from wind power, photovoltaic, or hydroelectric power
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Chinese Manufacturers Lead Global Wind Turbine Installations, BloombergNEF Report Shows
Wind turbine installations hit a record for a second year in 2024, driven by rapid growth in mainland China, according to a new report by research provider BloombergNEF (BNEF). Globally, developers brought online 121.6 gigawatts (GW) of wind turbines worldwide last year, double the capacity commissioned in 2019, according to BNEF’s 2024 Global Wind … Continue reading Chinese Manufacturers Lead Global Wind Turbine Installations, BloombergNEF Report Shows
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Copenhagen Infrastructure Partners (CIP) and MediaTek Sign PPA for Fengmiao 1 Offshore Wind Farm in Taiwan
Taiwanese semiconductor company MediaTek to purchase power from 500 MW offshore wind farm. Copenhagen Infrastructure Partners has signed a Power Purchase Agreement (PPA) with MediaTek for the Fengmiao 1 Offshore Wind Farm off Taiwan. Under the corporate PPA, MediaTek, a Taiwanese semiconductor company, will purchase power from the 500 MW offshore wind farm. A CIP … Continue reading Copenhagen Infrastructure Partners (CIP) and MediaTek Sign PPA for Fengmiao 1 Offshore Wind Farm in Taiwan
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Nordex Receives 94 MW Wind Power Order in Canada
A wind energy project developer has placed an order with the Nordex Group for the supply and installation of 16 N163/5.X wind turbines. The 94 MW order also includes maintenance for the turbines for a period of 25 years. Nordex will supply the wind turbines for the wind farm in Nova Scotia starting in mid-2026, … Continue reading Nordex Receives 94 MW Wind Power Order in Canada
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Chinese wind turbine manufacturers sweep the global wind energy podium for the first time.
Goldwind leads with 20 GW installed, followed by Envision and MingYang. Wood Mackenzie’s latest report on global wind turbine original equipment manufacturers (OEMs) reveals that Chinese companies dominated the market in 2024, with Goldwind, Envision, and MingYang securing the top three positions globally for the first time. Key findings: Endri Lico, Principal Analyst at Wood … Continue reading Chinese wind turbine manufacturers sweep the global wind energy podium for the first time.
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RWE and Telehouse agree to a 10-year wind power purchase agreement
RWE, the UK’s largest power generator and a world leading renewable energy company today announces it has signed a 10-year power purchase agreement (PPA) with Telehouse International Corporation of Europe, a leading global data centre service provider. Under the agreement RWE will supply a substantial amount of the renewable energy used at Telehouse’s London Docklands … Continue reading RWE and Telehouse agree to a 10-year wind power purchase agreement
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RWE marks major construction milestones at Sofia offshore wind farm
Wind power project sees arrival of brand-new wind turbine installation vessel, first wind turbine load-out and completion of Sofia’s first recyclable blades at Siemens Gamesa in Hull. Installation of the first wind turbines due to start imminently with first power to follow. With commissioning due in 2026, Sofia will make a major contribution to achieving … Continue reading RWE marks major construction milestones at Sofia offshore wind farm
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Enercon and BürgerEnergiepark Druiberg GmbH & Co KG sign wind power purchase agreement
Major order includes 13 x E-160 EP5 wind turbines. First community wind farm in Saxony-Anhalt (Germany). ENERCON and BürgerEnergiepark Druiberg GmbH & Co KG have today signed a contract for the delivery and installation of 13 x E-160 EP5 with a total capacity of around 72 MW for a community wind farm project in Dardesheim, … Continue reading Enercon and BürgerEnergiepark Druiberg GmbH & Co KG sign wind power purchase agreement
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State-by-State Analysis of Renewable Energy Policies
California’s Renewable Goals California has long been at the forefront of environmental initiatives, and its renewable energy goals are no exception. The state has set an ambitious target to achieve 100% renewable energy by 2045. This goal is part of California’s broader effort to reduce its carbon footprint and lead the way in combating climate … Continue reading State-by-State Analysis of Renewable Energy Policies
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US energy giant eyes offshore wind power projects in Vietnam
Pacifico Energy (PE), a U.S.-based renewable energy corporation, is ramping up efforts to survey and develop offshore wind power projects in Vietnam, its founder and CEO Nate Franklin said on Friday during his meeting with Vietnam’s Party General Secretary To Lam in Hanoi. During the meeting, Party chief To Lam praised PE’s contributions to Vietnam’s … Continue reading US energy giant eyes offshore wind power projects in Vietnam
Continue readingGoldwind, Envision, MingYang lead wind turbine market in 2024: Wood Mackenzie
A report by Wood Mackenzie highlights a major shift in the global wind turbine industry, with Chinese manufacturers Goldwind, Envision, and MingYang securing the top three positions for the first time. This development underscores China’s growing dominance in wind energy infrastructure, driven by robust domestic demand and strategic market positioning. Vestas, Windey, SANY, DEC, Siemens … Continue reading Goldwind, Envision, MingYang lead wind turbine market in 2024: Wood Mackenzie
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Nova Scotia (Canada) Identifies Five Areas for Offshore Wind Development
The Nova Scotian government has identified five areas it considers suitable for installing wind turbines in offshore wind farms. The government issued a statement Friday indicating that the next step is to solicit input from Nova Scotians before granting official designations, a process that will conclude on April 14.“Canada, with the world’s longest coastline, a … Continue reading Nova Scotia (Canada) Identifies Five Areas for Offshore Wind Development
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