Head Lines

EIB to Bankroll Offshore Wind Projects: Benelux Infrastructure Forum

Deals & Finance, Europe/Middle East/Africa, Head Lines, Policy, Region

European Investment Bank (EIB), participants of this year’s Benelux Infrastructure Forum, have recently announced their intention to support the transition towards renewables by bankrolling offshore wind projects. The Benelux region has been seeing huge developments in renewables and related infrastructure. EIB, who are also speaking at this year’s Benelux Infrastructure Forum on 21-22 November in Amsterdam, recently approved financing for an offshore wind project in Belgium, as part of the €3.4 billion investment package for renewable energy, energy efficiency, Near Zero Energy Buildings, hydropower and district heating projects.

EIB to Bankroll Offshore Wind Projects: Benelux Infrastructure Forum Read More »

Electrification The Key To Decarbonising Europe’s Economy

Europe/Middle East/Africa, Head Lines, Policy, Wind

Electrification is the key to decarbonising Europe’s economy, according to WindEurope CEO Giles Dickson. He said: “according to the IEA, wind will be the #1 source of electricity soon after 2030, providing more than 30% of Europe’s electricity, but electricity is only 22% of the final energy needed by Europe’s economy. Political momentum is starting to grow for an EU target of net-zero emissions in 2050. To do this we’ll need to electrify heating and transport, where the share of renewables is just 18% and 6% respectively; that has to be the #1 priority”.

Electrification The Key To Decarbonising Europe’s Economy Read More »

Major Role For WorleyParsons’ Advisian On World’s Largest Solar Power Project

Deals & Finance, Europe/Middle East/Africa, Head Lines, Solar

Noor Energy 1 has appointed Advisian, the global consulting firm of WorleyParsons, as Owner’s Engineer for the concentrating solar power (CSP) fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai. The 700MW project will be the largest of its kind in the world and as an Owner’s Engineer, Advisian will protect the owner’s interests by ensuring all contractors are adhering to project specifications. It will also provide a review of the basic and detailed engineering, manage risk and provide technical support during construction & commissioning of the plant.

Major Role For WorleyParsons’ Advisian On World’s Largest Solar Power Project Read More »

Europe Adds 4.5 GW Of Wind Energy In First Half Of 2018

Deals & Finance, Europe/Middle East/Africa, Head Lines, Wind

Europe added 4.5 GW of wind energy capacity in the first half of 2018, according to figures released by WindEurope. The figure is down on the same period last year (6.1 GW) though is in line with expectations. For the whole of 2018, we expect to see 3.3 GW new offshore wind and 10.2 GW of onshore wind. This will mean 13.5 GW of new wind capacity in total for the year. WindEurope Chief Policy Officer Pierre Tardieu said: “We are on track for a solid year in new wind farm installations”, but expressed concern that “the growth is driven by just a handful of markets”.

Europe Adds 4.5 GW Of Wind Energy In First Half Of 2018 Read More »

IRENA: Clean Energy Deployment, Core To Sustainable Development Goals

Head Lines, Policy

The International Renewable Energy Agency (IRENA) has highlighted the contribution renewables make to sustainable development and the substantial, cross-sectoral socio-economic benefits of energy transition during the United Nations High-Level Political Forum (HLPF) on Sustainable Development. The meeting took place at UN headquarters in New York recently and reviewed the implementation of key Sustainable Development Goals (SDG), including SDG 7 – access to affordable, reliable, sustainable and modern energy; and also underscored the importance of accelerating renewable energy deployment to realise the SDG landmarks.

IRENA: Clean Energy Deployment, Core To Sustainable Development Goals Read More »

ABB Microgrid In South Australia Strengths Power Grid And Improves Reliability

Asia Pacific, Carbon, Head Lines

ABB will supply a microgrid solution to the Energy Storage for Commercial Renewable Integration (ESCRI) project, which will provide a more secure power supply in an area that has high renewable penetration into the grid. The solution will connect an ABB Ability PowerStore 30 megawatt (MW) battery energy storage solution to the Electranet transmission system enabling the value stacking of storage in the regulated energy market, improving power reliability. ABB has installed over 40 such global sites, serving remote communities, islands, utilities and industrial campuses.

ABB Microgrid In South Australia Strengths Power Grid And Improves Reliability Read More »

ABB Wins Big: $150m Order To Grid-Connect World’s Largest Offshore Wind-Farm

Deals & Finance, Europe/Middle East/Africa, Head Lines, Wind

ABB has won orders worth over $150 million from Danish energy company, Ørsted (previously Dong Energy), to supply a range of technologies that will help integrate and transmit renewable wind energy from Hornsea Project Two, slated to be the world’s largest offshore wind farm. Upon completion; in addition to powering 1.3 million homes, it will also provide the additional power supply to support economic growth in the UK’s Humber region and help the UK meet its target of generating 15 per cent of energy needs from renewable sources by 2020.

ABB Wins Big: $150m Order To Grid-Connect World’s Largest Offshore Wind-Farm Read More »

Vestas Expands Global Presence With 108 MW Order For 3 Wind Parks In Bolivia

Americas, Deals & Finance, Head Lines, Wind

Vestas has expanded its global presence further and has entered Bolivia with a 108 MW order for the three wind parks, San Julián, Warnes, and El Dorado, all located in the municipalities of Cocota, Warnes and Cabezas in Santa Cruz, central Bolivia. Upon completion, the three wind parks will have a capacity of 40 MW, 14 MW and 54 MW respectively and will make up the Santa Cruz wind project and have a total capacity of 108 MW, which is four times the country’s total currently installed wind capacity; and will significantly accelerate Bolivia’s journey towards phasing out fossil fuels.

Vestas Expands Global Presence With 108 MW Order For 3 Wind Parks In Bolivia Read More »

Industry, Policy Makers Explore South Eastern Europe’s Vast Renewable Potential

Europe/Middle East/Africa, Head Lines, Policy, Wind

Policy makers and industry recently gathered at an event held jointly by WindEurope and Eurelectric to look at how to unlock the vast potential of wind energy in South East Europe. It explored ways to restart local markets in view of the Clean Energy Package, with a focus on Bulgaria, Greece and Romania. An enormous 500 GW of wind energy is available in South East Europe, a potential which is currently not being realised. Following the event, held in Sofia, a series of recommendations to help unlock this potential, were issued.

Industry, Policy Makers Explore South Eastern Europe’s Vast Renewable Potential Read More »

Growth Of Renewables In Peru As Enel Opens Largest Wind Farm In Country

Americas, Deals & Finance, Head Lines, Wind

Enel is now Peru’s leading renewable energy generator with around 1.1 GW of installed capacity following the commissioning of Wayra I which, with more than 132 MW, is now Peru’s largest wind farm. Built in approximately a year and comprising 42 wind turbines of 3 MW over each, it’s expected to produce 600 GWh per year; enough to avoid the annual emission of over 285,000 tonnes of CO2 into the atmosphere. The energy generated by the wind farm is being delivered to the Peruvian transmission grid (SEIN) through the Poroma substation. The project is supported by a 20-year energy supply contract with Peru’s Ministry of Energy and Mines.

Growth Of Renewables In Peru As Enel Opens Largest Wind Farm In Country Read More »

Sign up for our newsletters