Avangrid, Inc., a leading energy company and member of the Iberdrola Group, is helping deliver energy to the organizations operating data centers that will power the AI revolution, and actively working to bring more reliable electricity generation online to support growing demand. According to a December report from the U.S. Department of Energy, data center … Continue reading Avangrid to Construct New Projects to Meet Surging Energy Demand from AI Data Center Growth
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OX2 submits environmental impact assessment for 2.4 GW offshore wind project in Finland
OX2 has submitted a full environmental impact assessment (EIA) report for a 2.4 GW offshore wind farm in Finland’s Exclusive Economic Zone. The report was submitted to the Northern Finland Centre for Economic Development, Transport and Environment and is now open for public comment. Comments on the proposal will be collected by April 14, 2025, … Continue reading OX2 submits environmental impact assessment for 2.4 GW offshore wind project in Finland
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EWEC issues Request for Proposals for the development of the 140 MW Al Sila wind energy project
Together with existing wind energy assets, this new wind farm will double Abu Dhabi’s wind generation capacity to approximately 240 MW once operational. EWEC (Emirates Water and Electricity Company), a leading company in the integrated planning, purchasing, supply, and system despatch services of water and electricity across the UAE, today issued a Request for Proposals … Continue reading EWEC issues Request for Proposals for the development of the 140 MW Al Sila wind energy project
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Wind farm with 21 wind turbines in Paraíba (Brazil) receives government credit
The Board of Directors of Sudene approved the release of the first installment of financing from the Northeast Development Fund (FDNE) for the Borborema II Wind Farm, located in Pocinhos, Paraíba. R$ 62.6 million will be paid out of a R$ 235.7 million loan, with a total investment of R$ 437.3 million. The financing was … Continue reading Wind farm with 21 wind turbines in Paraíba (Brazil) receives government credit
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Global Cost of Renewables to Continue Falling in 2025 as China Extends Manufacturing Lead: BloombergNEF
The cost of clean power technologies such as wind, solar and battery technologies are expected to fall further by 2-11% in 2025, breaking last year’s record. According to a latest report by research provider BloombergNEF (BNEF), new wind and solar farms are already undercutting new coal and gas plants on production cost in almost every … Continue reading Global Cost of Renewables to Continue Falling in 2025 as China Extends Manufacturing Lead: BloombergNEF
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Europe still takes too long to permit wind power plants
Europe is still not building enough wind farms. Slow and cumbersome permitting remains a key hurdle. National Governments were meant to transpose the good new EU permitting rules (from the Renewable Energy Directive) by July 2024. Most of them have still not done so. Or if they have, the implementation has not happened correctly. The … Continue reading Europe still takes too long to permit wind power plants
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Proposed US tariffs could increase onshore wind costs by up to 7%, says Wood Mackenzie
Protectionist measures would reshape the US wind supply chain and create a more expensive market, New trade tariffs and increased import restrictions in the US onshore wind power sector could lead to higher overall costs, threatening project viability and potentially slowing growth in the industry, according to a recent report from Wood Mackenzie. The report, … Continue reading Proposed US tariffs could increase onshore wind costs by up to 7%, says Wood Mackenzie
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Record-breaking growth in renewable energy in US threatened by Trump
Surge in solar, wind and battery capacity comes as president pledges to halt federal support for clean power. Estados Unidos tuvo un crecimiento récord en capacidad de energía renovable el año pasado, según muestra una nueva investigación, pero el futuro del sector es incierto en medio de las amenazas de la administración de Donald Trump. … Continue reading Record-breaking growth in renewable energy in US threatened by Trump
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Wood Mackenzie: Trump tariffs will increase US onshore wind power costs by 7%
New trade tariffs and increased import restrictions on the US onshore wind sector could lead to higher overall costs, according to a new report from Wood Mackenzie. The report, titled “Trade war hits US onshore wind,” warns that such cost increases could threaten the viability of projects and potentially slow the growth of the industry. … Continue reading Wood Mackenzie: Trump tariffs will increase US onshore wind power costs by 7%
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EIB, Santander sign €500M deal to boost wind energy manufacturing
The European Investment Bank (EIB) and Santander have signed a 500 million euro counter-guarantee agreement aimed at strengthening Europe’s wind energy sector, Trend reports. The deal will enable Santander to issue up to 1 billion euros in bank guarantees, expected to unlock 8 billion euros in investments for wind energy equipment manufacturers across Europe. The … Continue reading EIB, Santander sign €500M deal to boost wind energy manufacturing
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Amperon Unveils Advanced Wind Forecasting Solutions to Optimize Renewable Energy Operations
New short-term and sub-hourly forecasts provide unparalleled granularity and accuracy, helping utilities and power producers mitigate wind intermittency and optimize financial returns. Amperon, a leading energy forecasting company at the intersection of energy data and AI, announced today the launch of its global Asset Wind Short-Term and Sub-Hourly Forecasts, designed to address the critical challenges … Continue reading Amperon Unveils Advanced Wind Forecasting Solutions to Optimize Renewable Energy Operations
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Rising gas and less wind power push European electricity market prices above €120/MWh in the first week of February
In the first week of February, TTF gas futures prices continued to rise and reached the highest settlement price in the last two years at the end of the week. In this context, coupled with lower wind energy production and higher demand, prices in the main European electricity markets rose, with most weekly averages exceeding … Continue reading Rising gas and less wind power push European electricity market prices above €120/MWh in the first week of February
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Power shift: How the Baltic Synchronisation strengthens Europe’s energy security
Estonia, Latvia and Lithuania are celebrating the successful synchronisation of their electricity grids with Europe’s Continental European Network (CEN). At yesterday’s “Energy Independence Day of the Baltic States” the three Baltic States broke with a legacy of their Soviet past, the synchronisation of their electricity grids with Russia and Belarus. Connecting their electricity grids with … Continue reading Power shift: How the Baltic Synchronisation strengthens Europe’s energy security
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Iberdrola signs PPA with AMP to provide wind energy to Ohio from the Blue Creek wind farm
Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced the signing of a short-term Power Purchase Agreement (PPA) with American Municipal Power, Inc. (AMP) for a portion of the energy produced from Avangrid’s Blue Creek project located in Ohio. The new PPA will ensure Blue Creek continues to supply reliable … Continue reading Iberdrola signs PPA with AMP to provide wind energy to Ohio from the Blue Creek wind farm
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German consumers benefit from cheaper electricity than Spanish consumers on winter nights thanks to wind power
A recent analysis by the Spanish Wind Energy Association (AEE) on the behaviour of prices in the Spanish and German electricity markets reveals that although electricity prices in the German electricity market have been 7.5% higher on average in the last three months (Nov24-Jan25), during the night hours of highest consumption (especially residential), German consumers … Continue reading German consumers benefit from cheaper electricity than Spanish consumers on winter nights thanks to wind power
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Energy transition outlook: EU
These are challenging times for Europe’s energy transition. The EU Parliament and national governments emerged from 2024 elections more fragmented as parties deprioritising low-carbon agendas and critical of established policies made gains. The ongoing Russia/Ukraine war continues to shine a spotlight on energy security and the role of renewables in displacing imported gas. Meanwhile, Trump’s … Continue reading Energy transition outlook: EU
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Türkiye eyes offshore wind, regulatory reforms to revive generation growth
Türkiye’s wind energy sector has faced slower growth in 2024, with capacity rising by only 6.5%, or 770 MW, bringing total wind capacity to 12.5 GW, Trend reports. According to the research made by Ember, a UK-based energy think tank, this falls short of the 13.3 GW target set by the Ministry of Energy and … Continue reading Türkiye eyes offshore wind, regulatory reforms to revive generation growth
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Plan aims to build high- quality wind energy sector in Taiwan
The development of Taiwan’s wind power competitiveness should be on par with international standards following a 10-year policy that began in 2017, Ministry of Economic Affairs Industrial Development Administration Deputy Director-General Tsou Yu-hsin (???) said. Tsou made the remarks in an interview with the Liberty Times (sister paper of the Taipei Times) on Friday, citing … Continue reading Plan aims to build high- quality wind energy sector in Taiwan
Continue readingEU boosts energy infrastructure with €1.25bn in grants
The European Commission has allocated nearly €1.25bn in grants under the Connecting Europe Facility (CEF). The grants will support 41 cross-border energy infrastructure projects, among them three important wind energy-related projects. That’s good news for Europe’s wind industry and its wider energy transition. The European Commission announced the results of the largest funding round of … Continue reading EU boosts energy infrastructure with €1.25bn in grants
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RWE’s Amrumbank West offshore wind farm will help balance the grid
Amrumbank West is the first RWE offshore wind farm to provide system services for grid stabilisation. Wind farm output can be reduced by up to 60 megawatts at the request of the grid operator. RWE will soon become the largest marketer of secondary reserves from offshore wind power. RWE plans to offer a system-stabilising secondary … Continue reading RWE’s Amrumbank West offshore wind farm will help balance the grid
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