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  • Brazil's de-contracting challenge amid calls for new tenders

    ANALYSIS | Hopes have been raised of a quick return to tendering but Brazil's power economy may need to clear out some deadwood first, says Alexandre Spatuzza

    Wind  rechargenews.com 14 hours old

    Goldwind installs first LM blades as GW3S prototype rises

    Goldwind has installed the LM Wind Power blades on the first prototype of its new GW3S 3MW turbine platform, said the Denmark-based blade group.The 66.9-metre blade for the Goldwind machine was developed in record time, said LM Wind Power, with less than six months between the project being initiated and the debut installation.LM Wind Power – which is set to be bought by GE in a €1.5bn ($1.6bn) de

    Wind  rechargenews.com 15 hours old

    UK should back in-stream tidal to go commercial: ETI

    Technology development body says other marine renewables, such as tidal lagoons and wave power, 'can't compete' on cost of energy

    Technology  rechargenews.com 16 hours old

    EnBW takes over platform operations at BARD 1 offshore array

    EnBW Offshore Service (EOS) at the beginning of 2017 took over the technical operations of the residential and transformer platform of the 400MW BARD Offshore 1 wind array in the North Sea, as the German utility pushes into the third-party supplier market for offshore services.The EnBW unit has signed a three-year service agreement with the operator and owner of BARD 1, Ocean Breeze Energy, which

    Wind  rechargenews.com 16 hours old

    Floating Power Plant engages advisor for flagship push

    Denmark's Floating Power Plant (FPP) has brought in Edinburgh-headquartered financial consultancy Johnston Carmichael to support a €10m ($10.6m) funding round designed to underpin commercialisation of its hybrid ocean energy technology for lead-off industrial-scale projects off the UK.In November, FPP tied up with developer DP Energy to explore construction of a pair of 200MW floating wind-wave po

    Wind  rechargenews.com 17 hours old

    Saudi Arabia to launch 700MW renewables tender 'within weeks'

    Saudi Arabia will press the launch button on the first 700MW phase of a planned 10GW renewable energy tender programme “in the next few weeks”, the kingdom’s energy minister said today.The capacity – comprising wind, solar and geothermal plant – is expected online “by 2023 or thereabouts”, added Khalid A Al-Falih, speaking at the World Future Energy Summit in Abu Dhabi.The launch of the Saudi tend

    Wind  rechargenews.com 19 hours old

    Turbine installation starts as Wikinger enters home stretch

    The first of the 70 Adwen turbines that will make up Iberdrola’s 350MW Wikinger wind farm in the German Baltic Sea is slated to be erected this week, following completion of the landmark wind farm’s jacket installation campaign by VolkerWessels-Boskalis joint venture Offshore Windforce.Nacelles, rotor hubs and tower sections for the 5MW Adwen 5-135s, manufactured in Bremerhaven and currently stor

    Wind  rechargenews.com 20 hours old

    Southeast Europe holds untapped 740GW wind and solar: Irena

    Renewable energy resources in southeast Europe could be harnessed to ultimately develop a game-changing 740GW of output, according to latest calculations by the International Renewable Energy Agency (Irena).A new study from the agency, published in advance of its annual assembly this past weekend, suggests Albania, Bosnia and Herzegovina, Croatia, Montenegro, the Republic of Moldova, Romania and S

    Wind  rechargenews.com 21 hours old

    Renewables could meet 36% of global power demand by 2030: Irena

    Renewables could double their slice of worldwide power supply by the end of the next decade if investment is ratcheted up and energy efficiency policies are rolled out by governments around the world, according to the latest figures from the International Renewable Energy Agency (Irena).Clean-energy deployment rates as set by current national targets would result in the share of renewable energy

    Wind  rechargenews.com 22 hours old

    ONES TO WATCH

    MidAmerican Energy: Buffett, Trump and the 2GW wind farm

    Warren Buffett does not have to travel far from his desk at Berkshire Hathaway’s headquarters in Omaha, Nebraska, a stone’s throw from the Iowa state line, for a look at his expanding fleet of wind turbines.Driving east, they spring up first at his 153MW Walnut wind farm, and from there they blossom in every direction across Iowa’s farmlands. Soon they will be nearly inescapable in many parts of t

    Wind  rechargenews.com 13 Jan 15:44 GMT

    Dong confirms MHI Vestas at 450MW Borkum Riffgrund 2

    Dong Energy has finalised its 450MW order for 8.3MW MHI Vestas V164 turbines at the Borkum Riffgrund 2 offshore wind farm in German waters.The order – the largest yet placed with the Japanese-Danish joint venture OEM – was cemented after Dong received the OK from the German authorities to amend consent for the larger turbines.The V164s deployed at Borkum Riffgrund 2 will be boosted to 8.3MW from t

    Wind  rechargenews.com 13 Jan 15:25 GMT

    Despite Trump, 2017 should be another top year for global wind

    GWEC secretary-general Steve Sawyer predicts what will happen in wind's key markets this year

    Wind  rechargenews.com 13 Jan 14:55 GMT

    Energiewende row looms as auditor warns on cost controls

    Germany’s Federal Audit Office has triggered what could become an ugly cost debate in the run-up to federal elections in the autumn, as a report seen by Recharge accuses the government of having no overview of the costs of the country’s transition from nuclear to renewable energy (Energiewende).The audit office is responsible for examining the income and expenditure of the government.Most of the c

    Wind  rechargenews.com 13 Jan 14:49 GMT

    UK Green Investment Bank takes control at 270MW Lincs

    The UK Green Investment Bank (GIB) has taken a 75% stake in the 270MW Lincs Offshore Wind Farm after buying out former investors Centrica and Siemens Project Ventures.The GIB’s dedicated Offshore Wind Fund bought 44% of Lincs for £429m ($523m), while the bank itself took another 31% for £302m.The Lincs deal means the OWF – set up as a world-first specialist offshore wind vehicle by the GIB – has a

    Wind  rechargenews.com 13 Jan 12:12 GMT

    Indonesia set for utility-scale wind debut with 75MW Sidrap

    Indonesia will join the utility-scale wind era by the end of 2017 when the 75MW Sidrap development starts operation in the country, according to Philippines conglomerate Ayala, which is investing in the project.Ayala unit AC Energy said an investment agreement with developer UPC Renewables will see Sidrap become the country’s first operational large-scale wind farm when it enters service in South

    Wind  rechargenews.com 13 Jan 10:59 GMT

    China set to rein in provinces over energy policy in 2017

    ONES TO WATCH 2017 | Beijing wants to take away provinces' ability to set their own energy policies, which has caused huge curtailment problems, writes Brian Publicover

    Wind  rechargenews.com 12 Jan 16:54 GMT

    Why we need a new approach to predicting renewables job creation

    The current method for calculating how many jobs a project will bring is inaccurate. There is another way, writes Alun Roberts

    Circuit  rechargenews.com 12 Jan 16:00 GMT

    New lows mean new highs for offshore wind in 2017

    ONES TO WATCH 2017 | Record cost declines, a wave of new tenders and the wide range of players entering the market will lead to a booming year for offshore wind, writes Bernd Radowitz in Berlin

    Wind  rechargenews.com 12 Jan 15:55 GMT

    Atlantis casts net wider in ocean energy

    Wind  rechargenews.com 12 Jan 13:44 GMT

    Marubeni scraps 125MW Japan near-shore wind project

    Marubeni has scrapped plans to build a 125MW near-shore wind farm off the coast of eastern Japan.The Tokyo-based conglomerate did not respond to requests to comment on why it has decided not to install 5MW turbines at a 680-hectare site off the coast of Ibaraki prefecture. However, the Ibaraki harbour authorities said in an online statement that Marubeni has decided to halt development at the port

    Wind  rechargenews.com 12 Jan 12:12 GMT

    Modelling tool shows full economic bounty of offshore wind

    Developers of a new economic modelling tool claim it marks a big step forward in showing the full benefits of offshore wind – and most crucially the jobs it creates – to help swing public and political support behind the sector.The methodology combines a deep understanding of the offshore wind industry with “economic and business rigour” to offer a more accurate analysis of the economic upsides th

    Wind  rechargenews.com 12 Jan 08:58 GMT

    US energy policy: Reading Donald Trump's dirty mind

    ONES TO WATCH 2017 | With a preference for fossil fuels, a pledge to revitalise the coal sector, and a cabinet full of climate deniers, what impact will President Trump have on renewables in 2017, asks Richard A Kessler

    Wind  rechargenews.com 11 Jan 17:52 GMT

    Navantia lands new-look jacket job for Danish offshore pilot

    Spanish contractor Navantia will build a quartet of next-generation jackets for the DKr300m ($44.5m) Nissum Bredning offshore wind demonstration project in the Danish North Sea, following a contract award from Siemens.The steel three-legged design foundations will serve as the base for a concept that knits together the German engineering giant’s ultra-large 7MW SWT-7.0-154 turbine with an innovati

    Wind  rechargenews.com 11 Jan 14:05 GMT

    ABB gets $640m India transmission deal to integrate wind

    India’s national electricity grid operator, Power Grid Corporation (Powergrid) of India, has brought in ABB to undertake construction of a 6GW transmission trunkline to transport electricity to some 80 million people.The 1,830km-long Raigarh-Pugalur ultra-high-voltage direct current (UHVDC) system will connect Raigarh in Central India to Pugalur in the southern state of Tamil Nadu with a two-way 8

    Wind  rechargenews.com 11 Jan 13:42 GMT

    Brazil may hold new RE tender as Northeast states warn of 'doom'

    Brazil’s mines and energy Minister Fernando Coelho Filho has commissioned studies to prepare a solar and wind tender for the first half of 2017, signalling the continuation of Brazil’s auction-centred renewable energy policies after the last-minute cancellation of the reserve tender in 2016.Mines and Energy Ministry officials said that studies for the necessity of a tender would be done by a newly

    Wind  rechargenews.com 11 Jan 13:18 GMT

    'Renewables offer cause for hope amid 2017's dark skies'

    AGENDA | Climate change and politics make the immediate future look bleak but wind and solar won't be thwarted, writes Darius Snieckus

    Wind  rechargenews.com 11 Jan 12:29 GMT

    Rooftop PV battles the odds to register growth in Brazil

    IN DEPTH | Despite an unhelpful policy landscape, Brazilian consumers are getting the message that solar arrays mean cheaper power, writes Alexandre Spatuzza

    Solar  rechargenews.com 11 Jan 11:44 GMT

    South African RE sector mulls Eskom legal action over PPAs

    South Africa’s renewable energy sector is considering court action against state utility Eskom over an increasingly bitter stand-off that's being further fuelled by fears of a policy shift towards nuclear.The South African Renewable Energy Council (Sarec) said it may resort to legal action if Eskom continues to delay the progress of power purchase agreements (PPAs) offered to 2.2GW-worth of prefer

    Wind  rechargenews.com 11 Jan 10:46 GMT

    Probe underway after fire destroys Senvion turbine in UK

    Innogy – the renewables subsidiary of Germany’s RWE – has launched an investigation into the cause of a fire which destroyed one of the turbines at its 16MW Knabs Ridge onshore wind farm near Harrogate in northeast England.A spokesman for Innogy Renewables UK told Recharge as a result of the incident – involving one of eight turbines at Knabs Ridge – the fire service was called out by on-site pers

    Wind  rechargenews.com 10 Jan 16:48 GMT

    Renewables a must-have as shadows lengthen over Big Oil

    ONES TO WATCH 2017 | The world's oil giants are all too aware that the tide is turning so expect more activity in wind and solar this year, writes Darius Snieckus

    Wind  rechargenews.com 10 Jan 15:30 GMT

    'We'll renew our commitment to renewables in 2017'

    Argentina quickly emerged as a global renewables hotspot last year and under-secretary Sebastián Kind says the momentum will be maintained in 2017

    Wind  rechargenews.com 10 Jan 13:59 GMT

    Enel issues €1.25bn green bond to underpin transition

    Enel has launched a €1.25bn ($1.33bn) green bond issue, the first by the Italian energy giant as it moves to underpin its ambitious transformation to a clean-power future.The bond issue, which matures in September 2024, attracted about €3bn of subscriptions “with considerable interest” from socially responsible investors, enabling Enel to further diversify its investor base, the Italian group said

    Wind  rechargenews.com 10 Jan 10:53 GMT

    US developer Longroad hails 600MW Vestas deal

    Vestas has clinched an order for components from Longroad Energy Holdings, a development group set up by former First Wind executives and backed by the New Zealand government, that could enable development of more than 600MW-worth of fully PTC-eligible wind capacity.The deal was done before the end of 2016, allowing projects that use the equipment by the end of 2020 to get 100% benefit from the PT

    Wind  rechargenews.com 10 Jan 10:08 GMT

    Pattern secures finance for first Japanese wind farm with partner GPI

    Pattern Development and its majority owned Japanese subsidiary Green Power Investment Corporation have closed financing on their first wind project in the country and said another transaction is expected by mid-2017.

    Wind  rechargenews.com 09 Jan 16:42 GMT

    Vattenfall buys 584MW Atlantis 1 project in German North Sea

    Swedish utility Vattenfall has signed an agreement to buy the 584MW Atlantis 1 offshore wind project in the German North Sea from developer PNE Wind.Vattenfall will pay “a lower double digit million Euro amount” for the project following the completion of various closing conditions.Atlantis 1 could host up to 73 8MW turbines at its site 84km northwest of the island of Borkum.Gunnar Groebler, head

    Wind  rechargenews.com 09 Jan 16:29 GMT

    Korea group plans to advance 97MW Yellow Sea wind farm

    A South Korean project company plans by the end of 2018 to build an offshore wind farm of about 97MW that would be the country’s largest, said the region that is due to host the project.The Saemangeum project will be constructed at a cost of 400bn won ($332m) near to the shore off Gunsan City on the country’s Yellow Sea coast, said a statement from the Saemangeum Development Agency (SDA) on the si

    Wind  rechargenews.com 09 Jan 15:37 GMT

    Chile seen adding 1.5GW of new renewables in 2017

    Chile expects to install 1.5GW of renewable capacity in 2017, keeping a similar pace of growth to 2016 even though the sector faces transmission challenges.The forecast was made by Carlos Finat, executive director of the Chilean Renewable Energy Association (ACERA).Maintaining this rhythm, Chile could top 30% renewable power supply by 2030 and reach 100% by 2050, ACERA said in a statement.Accordin

    Wind  rechargenews.com 09 Jan 13:30 GMT

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    Siemens wind blade stars as Hull becomes UK culture hub

    A 75-metre wind turbine blade from Siemens’ new plant in the city is centre stage as Hull, northeast England, takes its place as the UK City of Culture 2017. The giant component forms a sculpture commissioned by multimedia artist Nayan Kulkarni called Blade and will sit in Hull’s Queen Victoria Square as the year-long cultural extravaganza gets underway. The Hull blade plant and turbine assembly h

    Wind  rechargenews.com 09 Jan 10:46 GMT

    First turbine in at Statoil's 402MW Dudgeon off UK

    Contractor A2SEA's Sea Challenger has installed the lead-off turbine at the 402MW Dudgeon offshore wind farm off the UK.The jack-up vessel, which has been used for offshore accommodation during completion and commissioning of the Statoil-developed offshore wind farm's substation, will carry on installation of the project's remaining 66 Siemens SWT-6.0-154s, the first machines to be shipped out of

    Wind  rechargenews.com 09 Jan 09:59 GMT

    Areva bows out as Adwen offshore wind stake passes to Gamesa

    French nuclear group Areva has formally ended its adventure in offshore wind power by completing the sale of its 50% stake in the Adwen joint venture to former partner Gamesa.The €60m ($63.3m) sale was agreed in September 2016, forming part of the giant deal that is set to see Gamesa itself merge with the wind power business of Germany’s Siemens. That transaction is currently awaiting clearance f

    Wind  rechargenews.com 06 Jan 15:59 GMT

    Floating wind flagship picks Global Energy for construction

    Swedish floating wind power developer Hexicon has handed Scottish contractor Global Energy Group the job of building the innovative 10MW twin-turbine Dounreay Trì demonstrator, which is in the frame for installation in the UK North Sea next year.Go-ahead for the unit, which will be sited in 60-110 metres of water 6km out to sea from the Dounreay nuclear power complex, hinges on government approval

    Wind  rechargenews.com 06 Jan 14:24 GMT

    Suzlon gets debut 105MW order from Axis Energy Group

    Indian wind group Suzlon has secured its first order from ambitious developer Axis Energy Group, which will deploy 105MW of its turbines at a project in Andhra Pradesh.Suzlon will supply 50 of its S111 90m 2.1MW machines at the project in the Anantapur district, where it will also provide O&M services for 10 years.The two-phase project is due for completion by June of this year and has the potenti

    Wind  rechargenews.com 06 Jan 13:19 GMT

    China cements RE primacy with global spending boost

    China invested a record $32bn in international renewable energy projects last year, marking a 60% rise on overseas spending and deepening the country’s global dominance in the sector, new analysis from the US-based Institute for Energy Economics and Financial Analysis (IEEFA).The spree, including 11 deals each worth in excess of $1bn, builds on China’s league-leading domestic investment in renewab

    Wind  rechargenews.com 06 Jan 11:50 GMT

    Vattenfall eyes 340MW extension at UK's Thanet offshore

    Vattenfall has started local consultations over an up to 340MW extension to its 300MW Thanet Offshore Wind Farm off the coast of southeast England.A scoping report prepared by the developer envisages deploying up to 34 turbines of between 8MW and 10MW at the site off Kent. Recharge first revealed in June last year that the Swedish group was looking again at a possible extension, after stepping bac

    Wind  rechargenews.com 06 Jan 11:26 GMT

    Dong taps Bladt for 1.2GW Hornsea 1 transition pieces

    Danish utility Dong Energy has placed a multi-million pound order for 96 transition pieces for monopile foundations at its giant 1.2GW Hornsea 1 project off the Yorkshire coast from compatriot supplier Bladt Industries.Dong stressed that the large order will safeguard around 200 jobs in Teesside, northeast England, for about one year, as 56 of the pieces will be manufactured at the Offshore Struct

    Wind  rechargenews.com 06 Jan 10:22 GMT

    Hero raises Indian renewables ambitions as IFC takes stake

    Hero Future Energies – the renewables arm of Indian auto-maker Hero Group – said it will advance 1GW of solar and wind this year in its home market and look for opportunities abroad, after securing a $125m investment from the International Finance Corporation (IFC).IFC, part of the World Bank group, will take an equity stake in HFE, which said it has now expanded its renewables ambitions to 2.7GW

    Wind  rechargenews.com 06 Jan 09:57 GMT

    Soventix taps Huawei for global PV inverter supplies

    German solar EPC provider Soventix has signed a framework agreement to make China’s Huawei Solar its exclusive supplier of inverter equipment worldwide.The agreement will focus on Soventix’s core international markets in Africa, the Americas and Asia. Soventix currently has a 34.5MW project pipeline being built and a further 136MW of projects ready for construction.“We are very excited to be partn

    Solar  rechargenews.com 05 Jan 14:04 GMT

    Price falls to €66/MWh as Italy backs 800MW of onshore wind

    Almost 870MW in renewable energy capacity – including what could be Italy's first offshore wind farm – gained the right to support in a December 2016 auction that saw prices for onshore wind power tumble to €66/MWh ($69.4/MWh), figures from Italian energy agency GSE show.Onshore winning bids came in at a price 40% below the base level of €110/MWh with support granted for 20 years once the projects

    Wind  rechargenews.com 05 Jan 13:44 GMT

    Musk must start delivering his zero-carbon vision in 2017

    ONES TO WATCH 2017 | From EVs to SolarCity, the Tesla CEO has all the pieces in place to fulfil his dreams – now they need to work together, writes Karl-Erik Stromsta

    Solar  rechargenews.com 05 Jan 12:30 GMT

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    China underlines clean power ambitions as smog envelops Beijing

    Roughly half of China’s new generation will come from carbon-free sources by 2020, said the country’s National Energy Administration (NEA) in its latest roadmap to cleaning up the nation's pollution-ridden system.China expects to spend 2.5trn yuan ($361bn) on renewables between 2016 and the end of the decade, Reuters reported, quoting an NEA document published today.The issue of cleaning up China’

    Wind  rechargenews.com 05 Jan 10:45 GMT

    'We expect 4.5GW of LatAm PV to be installed in 2017'

    5 MINUTES | IHS Markit's Josefin Berg says Argentina, Brazil, Chile and Mexico will help to more than double the region's total solar PV capacity this year

    Solar  rechargenews.com 04 Jan 16:16 GMT

    'Understanding risk is its own reward in offshore wind'

    Good risk management can help ensure that engineers and investors alike are comfortable with a project's profile, says Michael Hotze

    Wind  rechargenews.com 04 Jan 14:31 GMT

    Unregulated sector promises new boost as Argentine RE blossoms

    ANALYSIS | The unregulated sector is set to provide a further boost to Argentina's blossoming renewables sector, writes Alexandre Spatuzza

    Wind  rechargenews.com 04 Jan 11:48 GMT

    Google: 'Renewable energy looks a safe bet – and better by the day'

    5 MINUTES | Francois Sterin, director, global infrastructure at Google, talks to Darius Snieckus about the internet giant's renewable energy strategy

    Wind  rechargenews.com 04 Jan 09:09 GMT

    AES to enter Brazil wind with 386MW Renova deal: report

    Brazilian renewable energy company Renova Energia is close to selling its 386MW Alto Sertão 2 wind complex to AES Corp’s local unit AES Brasil, according to reports.The value of the sale is between R$600m ($184m) and R$700m, said Reuters.A spokesperson at Renova Energia did not confirm the transaction, but said that the wind complex is for sale and several Brazilian and foreign groups have been st

    Wind  rechargenews.com 03 Jan 15:17 GMT

    Nordex enters Argentine wind sector with 148MW deal

    German wind OEM Nordex is celebrating its entry into Argentina's wind market after bagging a 148MW order from a winner in the country’s recent renewables tender.Nordex will supply 47 3MW AW 125/3000 turbines for two projects it will build for utility Central Puerto, which the German company described as “the most important private generation company in Argentina”. The OEM will supply 32 of the mac

    Wind  rechargenews.com 03 Jan 14:29 GMT

    ReneSola strikes 335MW rooftop solar deal in China

    Chinese PV group ReneSola has tied up a 335MW framework agreement to build rooftop solar projects in its domestic market.ReneSola said the deal with Beijing Enterprises Clean Energy (BECE) justifies its decision to target the distributed PV sector in China, after entering the market a few months ago."This agreement confirms our belief that rooftop solar distributed generation projects will be prom

    Solar  rechargenews.com 03 Jan 13:37 GMT

    Innogy 'joins utility-scale PV front rank' as Belectric deal closes

    Innogy – the renewables arm of Germany’s RWE – claims it has joined the front rank of global utility-scale PV and storage players after completing its acquisition of Belectric Solar & Battery from Belectric Group.The deal, first announced last August for a “high double-digit million euro” sum, fits with Innogy’s overall strategy, said CEO Peter Terium.Terium said: “Innogy is a pioneer and trailbla

    Solar  rechargenews.com 03 Jan 12:44 GMT

    Uruguay stages third wind IPO as investors flock to Valentines

    Uruguay has staged another heavily oversubscribed wind power share issue, as the sector continues to attract investor interest in the small South American nation where it accounts for more than 20% of electricity capacity.State utility UTE held an IPO for shares in its 70MW Valentines project at the end of December, its third such listing for wind projects.In the latest offering a total of $146m i

    Wind  rechargenews.com 03 Jan 09:23 GMT

    India to add 9GW as PV build gathers pace, says analyst

    India will remain one of the fastest growing solar PV markets around the world in 2017 even as other major markets slow down, said a leading analyst in the country.According to forecasts from Bridge to India, total new capacity additions of over 9GW are predicted for the coming year, up 90% on 2016 figures.In addition, up to 8GW of new utility-scale capacity allocations by Solar Energy Corporation

    Solar  rechargenews.com 02 Jan 12:40 GMT

    US 800MW rush pushes Vestas past 9GW orders for 2016

    A last minute spree of business in the US – plus deals in Brazil and China – took Vestas past the 9GW order mark and ensured another record year after what its CEO has described as an “extraordinary” 2016.By late afternoon in Europe on 30 December the Danish OEM had announced more than 9GW of orders for the year, surpassing the 8.94GW it clocked for 2015 as a whole – with more a day of 2016 still

    Wind  rechargenews.com 30 Dec 2016

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    Renewables are more than megawatts to Brazil's Northeast

    DISPATCHES | Wind is an engine of growth for Brazil's most deprived states and PV promises the same, which makes the prospects of renewables stalling all the more poignant, writes Alexandre Spatuzza

    Wind  rechargenews.com 30 Dec 2016

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    Wind powers UK to 'greenest Christmas' as RE claims 41% share

    The UK had its greenest ever Christmas with 41% of power generated on 25 December coming from renewable sources, according to industry figures.The renewable share was up from 25% on Christmas Day 2015 and wind power accounted for 75% of the electricity produced, with turbines averaging 9.4GW of output, said data from Electric Insights.The UK wind fleet fared even better on 23 December, when it man

    Wind  rechargenews.com 30 Dec 2016

    Allianz snaps up PNE Wind portfolio in $108m deal

    German wind developer PNE Wind has completed the sale of an 80% stake in a 142MW wind farm portfolio to a unit of Allianz Renewable Energy Fund II, which is managed by Allianz Global Investors (Allianz GI), for €103m ($107.8m).“With AllianzGI we have found a reliable and long-term partner for this wind farm portfolio,” says PNE Wind chief executive Markus Lesser. “Owing to the sale, PNE Wind now h

    Wind  rechargenews.com 30 Dec 2016

    GE sees 'palpable momentum' in US offshore wind sector

    As the industry strives for scale and lower cost, a senior executive sees a new set of complexities and opportunities looming, writes Richard Kessler

    Wind  rechargenews.com 30 Dec 2016

    Indian cabinet green light for International Solar Alliance

    The Indian government has given the final green light to ratify the International Solar Alliance (ISA) – the $1trn global solar initiative launched by India and France at the COP 21 climate summit in late 2015.The cabinet of Prime Minister Narendra Modi gave retrospective approval to ratification of the framework agreement underpinning the ISA, which aims to co-ordinate the efforts of more than 12

    Solar  rechargenews.com 29 Dec 2016

    China fund completes deal for Czech solar plants

    China-CEE Fund, established by China Exim Bank, has acquired three solar power plants in the Czech Republic with a combined capacity of around 6MW.As part of a share deal China-CEE Fund acquired three Czech subsidiaries of ContourGlobal, the US-headquartered generation firm that will now exit the Czech market.The move marks the second renewable energy acquisition by China-CEE Fund in the Czech Rep

    Solar  rechargenews.com 29 Dec 2016

    China unveils 2017 FIT rates and urges local tenders

    China has announced feed-in tariff (FIT) levels for 2017 and will encourage regional authorities to make greater use of tenders in awarding local support, said reports from the country.The National Development and Reform Commission, China’s chief economic planning agency, published 2017 rates for PV of between 0.65 yuan/kWh ($0.094/kWh) and 0.85 yuan/kWh, depending on region – representing a cut o

    Solar  rechargenews.com 29 Dec 2016