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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.
Increased US renewable and natural gas generation to reduce summer coal demand
- 2023-06-09 06:48:24.510457
- David Flin
The US Energy Information Administration (EIA) has forecast that the largest increases in the USA during the summer (June, July, and August) will come from solar, wind, and natural gas-fired power plants because of new generating capacity coming online.
Wind to provide third of Japan’s power by 2050
- 2023-05-30 07:03:53.916882
- David Flin
The Japan Wind Power Association (JWPA) has set a goal for the country to increase capacity to 140 GW by 2050, from less than 5 GW now, to meet a third of the country’s electricity demand and help it achieve its 2050 carbon neutrality target.
Suzlon Energy to develop 300 MW wind power project in Karnataka
- 2023-05-25 07:13:59.192057
- David Flin
Torrent Power Ltd has awarded a contract to Suzlon Energy to develop a 300 MW wind power project in Karnataka, India.
Naturgy to acquire Ardian’s 422 MW wind farm portfolio
- 2023-05-18 07:23:37.857606
- David Flin
The Spanish renewable energy group Naturgy will acquire ASR Wind, a portfolio of 12 wind farms, from private investment house Ardian for an unspecified sum.
West Australia to invest $3 billion on wind power and battery storage
- 2023-05-11 07:15:04.291051
- David Flin
The West Australia government will spend nearly $3 billion on a renewable battery storage system and wind generation as part of a major overhaul of its energy network as it prepares for the retirement of its coal-fired power plants.
