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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The photovoltaic sector is calling for the acceleration of administrative procedures that hinder storage and green hydrogen, which are essential for the energy transition
Today’s session was opened by Joan Groizard, Secretary of State for Energy, who stressed that “we are a benchmark in Europe and the world in renewables and attracting new demand that seeks clean and attractive technologies. Now we are going further, it is time to decarbonise all sectors.” The regulatory situation around storage and the … Continue reading The photovoltaic sector is calling for the acceleration of administrative procedures that hinder storage and green hydrogen, which are essential for the energy transition
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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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Market share forecasts for Western wind turbine manufacturers in 2024-2034 Who will sell more?
The Danish consultancy Brinckmann has published a report with its market share forecasts by OEM for the 2024-2034 period. The report analyzes the wind market from the perspective of Western OEMs, examining their onshore and offshore sales across various countries and regions. This is a client-only report, but they have shared an interesting preview on … Continue reading Market share forecasts for Western wind turbine manufacturers in 2024-2034 Who will sell more?
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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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Spain approved 10 photovoltaic and hybridisation projects in the first week of February
The Official State Gazette contains the announcements corresponding to the first week of February of 10 photovoltaic and hybridisation projects, including a 9 MW self-consumption plant in Córdoba.Report on the determination of environmental impact of the Cabeza Mesá photovoltaic solar park project, of 27.3 MW, and its evacuation infrastructure, for hybridisation with the Cabeza Mesá … Continue reading Spain approved 10 photovoltaic and hybridisation projects in the first week of February
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Canadian Solar’s e-STORAGE to Deliver 960 MWh of Energy Storage Systems for Copenhagen Infrastructure Partners in Australia
Canadian Solar Inc. (the “Company” or “Canadian Solar”) (NASDAQ: CSIQ) today announced that e-STORAGE, which is part of the Company’s majority-owned subsidiary CSI Solar Co., Ltd. (“CSI Solar”), has signed a contract with Copenhagen Infrastructure Partners (“CIP”) through its fifth flagship fund Copenhagen Infrastructure V to deliver 240 MW/960 MWh battery energy storage systems in Summerfield, South … Continue reading Canadian Solar’s e-STORAGE to Deliver 960 MWh of Energy Storage Systems for Copenhagen Infrastructure Partners in Australia
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