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EBRD finances Azerbaijan’s first utility-scale wind power plant
- 2023-10-27 07:23:07.046984
- David Flin
The European Bank for Reconstruction and Development (EBRD) has announced it is financing construction of a 240 MW wind power plant in east Azerbaijan.
Germany to pass 50 per cent mark for renewable power this year
- 2023-09-19 06:42:02.091288
- David Flin
Robert Habeck, Germany’s Economy Minister, said that the country is likely to generate more than 50 per cent of its power from renewable energy this year, but that it needs to increase the speed of its transition.
UK wind capacity surpasses gas power capacity for the first time
- 2023-09-14 08:07:36.152838
- David Flin
The Drax Electric Insights report from Imperial College London said that in Q2 2023, wind power generation exceeded gas power production, and that UK wind power capacity now exceeds gas power capacity.
Avaada Energy signs renewables MOU with AEW
- 2023-09-12 07:04:21.262725
- David Flin
Indian solar developer Avaada Energy has signed an MOU with Al Jomaih Energy and Water (AEW) of Saudi Arabia to develop renewable power generation projects in Saudi Arabia and other Middle East countries.
Grid inadequacy makes renewable growth futile
- 2023-09-08 16:01:12
- Junior Isles
A rise in renewable energy is futile if our grids can’t keep pace with the growth.
By Frédéric Godemel, EVP Power Systems and Services at Schneider Electric
Siemens Energy reports 3Q net losses due to wind turbine problems
- 2023-08-08 11:27:25
- Junior Isles
Siemens Energy has reported a net loss of €2.9 billion for the third quarter and slashed its outlook for annual revenues, as it struggles to fix its troubled wind turbine business.
Maersk Group may acquire half of Egypt’s Zaafarana wind farms
- 2023-08-03 13:02:49
- Junior Isles
Denmark’s Maersk Group is in talks to potentially acquire half of Zaafarana state-owned 545-MW wind farms in the Red Sea Governorate, after the government initially approved ownership in principle, according to multiple local media outlets.
Green power projects in South Africa failing
- 2023-07-19 07:38:30.655805
- David Flin
Nearly half of the projects awarded under the relaunch of South Africa’s renewable power purchase programme have failed, undermining plans to use wind and solar to ease the nation’s energy crisis.
Queensland to set up renewable energy zones as part of $62 billion super-grid plan
- 2023-07-11 07:26:43.434103
- David Flin
The Queensland government has identified 12 renewable energy zones across the Australian state that will underpin its $62 billion plan to decarbonise its electricity supply.
Serentica signs 1.25 GW new PDAs
- 2023-07-04 06:34:10.002618
- David Flin
Serentica Renewables has announced that it has signed over 1.25 GW of new power delivery agreements (PDAs) with multiple industrial customers across India.
