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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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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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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Spain approves 24 photovoltaic and hybrid projects for 1.69 GW in January
Environmental impact statement for the Madrid Norte 1 photovoltaic plant project, 69 MW, for its evacuation infrastructure, in the provinces of Guadalajara and Madrid. The plant is promoted by Matrix Renovables. Prior administrative authorisation for modifications and administrative authorisation for construction for the Los Pradillos photovoltaic plant, 361.4 MW, and its evacuation infrastructure, in Carranque, … Continue reading Spain approves 24 photovoltaic and hybrid projects for 1.69 GW in January
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Wind power is betting on the acceleration of electrification and the increase in the pace of project processing as priorities
The Wind Energy Association (AEE) is holding a new edition of the ‘Wind and Market’ conference, with the participation of more than 225 experts who analyse key issues such as the deployment of storage, auctions and PPAs, acceleration of wind power for the industry in the different autonomous communities, repowering, processing of wind power projects … Continue reading Wind power is betting on the acceleration of electrification and the increase in the pace of project processing as priorities
Continue readingU.S. withdrawal from wind power is ‘making China great again’
China must be very pleased (and puzzled) with the current administration’s policies on wind power. China loves using wind energy to generate electricity, because it is clean, cheap, and fairly easy to implement — what’s not to like? They’re winning the race to get smarter and cheaper artificial intelligence, and now they’re going to surge ahead … Continue reading U.S. withdrawal from wind power is ‘making China great again’
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Wind power in Olavarría: wind turbine components arrived
With an investment of US$80 million, YPF’s wind energy project will be located 10 kilometers from the city of Buenos Aires, on land belonging to Cementos Avellaneda.The main components of the wind turbines destined for the CASA Wind Farm, which YPF Luz is building in Olavarría, began to arrive at the Port of Bahía Blanca. … Continue reading Wind power in Olavarría: wind turbine components arrived
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The US energy transition is moving quickly: wind power and photovoltaics already surpass coal and natural gas
The U.S. energy transition is progressing rapidly, outpacing expectations. By the end of 2024, utility-scale wind power and photovoltaic solar generation grew by 298.8 million megawatt-hours (MWh) since 2019, surpassing the 202.3 million MWh increase in overall power demand. This demonstrates that renewables can not only meet rising energy needs but also displace fossil fuels. … Continue reading The US energy transition is moving quickly: wind power and photovoltaics already surpass coal and natural gas
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Vestas increases annual net profit by six to €494 million
The Danish wind turbine manufacturer Vestas Wind Systems increased its net profit by six to €494 million in 2024, thanks to a record number of orders, the company reported on Wednesday. Sales amounted to €17.295 billion, 12% more, according to the balance sheet, which carries over from the second quarter a write-off of €300 million … Continue reading Vestas increases annual net profit by six to €494 million
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Iberdrola and Grupo CCR seal their alliance to supply wind energy in Brazil
In total, 44 megawatts (MW) of Oitis’ production will be used for energy consumption by CCR’s subsidiaries over a period of 16 years. In total, 44 megawatts (MW) of Oitis’ production will be used for energy consumption by CCR’s subsidiaries over a period of 16 years. Iberdrola, through its subsidiary in Brazil, Neoenergia, and Grupo … Continue reading Iberdrola and Grupo CCR seal their alliance to supply wind energy in Brazil
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OECD report highlights global disparity in wind energy support
A new OECD report finds significant disparities between government support received by Chinese and European wind turbine manufacturers. The report highlights that Government-backed support for Chinese manufacturers has regularly been higher than the support available for their European counterparts for over a decade. In April 2024 the European Commission opened an investigation into Chinese suppliers … Continue reading OECD report highlights global disparity in wind energy support
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