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  • Renewables not gas must fill UK coal gap, government told

    The UK government has released details of its plans to shut down all coal plants in the country by 2025, prompting environmental groups to warn that renewables – not gas – must be used to fill the gap. The long-awaited implementation plan to phase out coal is part of the ruling Conservative party’s flagship green policies. Because of new pollution standards, several coal plant have been shut down

    Wind  rechargenews.com 08 Jan 11:27 GMT Anamaria Deduleasa

    Mel Kroon to step down as chief executive of TSO TenneT

    Mel Kroon in the second half of 2018 will resign from his position as chief executive and chairman of Dutch-German transmission system operator TenneT, a position he had held since 2002. Under Kroon’s leadership, the company owned by the Dutch state has become the sole TSO for offshore wind grid links in the Netherlands and the German part of the North Sea, as well as the TSO of the electricity g

    Wind  rechargenews.com 08 Jan 10:48 GMT Bernd Radowitz in Berlin

    Leupold to be replaced by Martin Neubert as Orsted Wind CEO

    Samuel Leupold has decided to resign as Orsted (formerly Dong) Wind Power chief executive and will leave the company on 28 February 2018 to be replaced by Martin Neubert, now senior vice president at Orsted Wind. Leupold, who in the past years had helped to transform Orsted away from its oil and gas origins into a utility driven mostly by offshore wind, has decided to take a break to spend more t

    Wind  rechargenews.com 08 Jan 08:56 GMT Bernd Radowitz in Berlin

    US court to hear AMSC trade secrets case against Sinovel

    A Wisconsin court on Monday will begin hearing a high-profile case involving US charges against Chinese wind turbine OEM Sinovel for alleged theft of trade secrets from its former technology supplier Massachusetts-based AMSC. Sinovel, its US subsidiary, two Sinovel executives and a former AMSC employee also face criminal charges for wire fraud and criminal copyrights offences. According to a fed

    Wind  rechargenews.com 08 Jan 02:46 GMT Richard A. Kessler in Fort Worth

    US investors propose 72.5GW of wind projects through 2020

    On 1 December, the US wind industry had proposed 465 utility-scale projects totaling 72.56GW nameplate capacity for installation through the end of 2020 – more than all other forms of energy together, excluding natural gas, according to newly-released Federal Energy Regulatory Commission (FERC) data. That is about 86% of 84.94GW of wind capacity now installed by the US during the last 35 years.

    Wind  rechargenews.com 06 Jan 04:43 GMT Richard A. Kessler in Fort Worth

    New York sets 1.5GW energy storage capacity goal by 2025

    Governor Andrew Cuomo has launched an initiative for New York to deploy 1.5GW of energy storage by 2025, fulfilling a legal mandate as the state advances policies to achieve the ambitious goal. Energy storage will employ 30,000 people in the state by then, if New York meets what the governor’s office calls the nation’s largest commitment per capita of any state to the sector. Cuomo envisions sto

    Wind  rechargenews.com 05 Jan 20:40 GMT Richard A. Kessler in Fort Worth

    AEP releases power line routing for 2GW Wind Catcher project

    American Electric Power (AEP) has made public its proposed route for a $1.6bn transmission line across Oklahoma that will carry 2GW of electricity from the largest US wind farm under construction there to customers in four states. The dedicated 360-mile (580km), single-circuit 765kV overhead line would stretch from the westernmost county of Cimarron in Oklahoma’s Panhandle eastward to a point nor

    Wind  rechargenews.com 05 Jan 17:50 GMT Richard A. Kessler in Fort Worth

    Senvion ups 2017 order intake to €1.78bn but misses guidance

    Firm order intake at Germany-based wind OEM Senvion rose by 36% to €1.78bn ($1.2bn) last year from €1.3bn in 2016, but the manufacturer missed its intake guidance of about €2bn as two key order conversions were delayed and shifted into early 2018. “This risk of potential delays in converting orders is not unusual in a project driven business like Senvion and was already highlighted in our third q

    Wind  rechargenews.com 05 Jan 11:34 GMT Bernd Radowitz in Berlin

    Orsted 'faces law suit from scientist's family' over name change

    Global offshore wind pacesetter Orsted is facing legal action by the family of the Danish scientist who inspired its name change from Dong Energy, according to reports from Denmark. Descendants of Hans Christian Orsted plan to file a lawsuit against the energy group alleging misuse of the family name for commercial purposes, according to the Reuters news agency citing the Berlingske newspaper. C

    Transition  rechargenews.com 05 Jan 11:15 GMT Andrew Lee

    Nordex wins 191MW Spain order from Gas Natural Fenosa

    The Nordex Group has won an order to supply and install 58 AW132/3300 machines from the turbine manufacturer’s Acciona Windpower brand at six wind farms across Spain for local renewables company Gas Natural Fenosa Renovables. The order comes with a multi-year services contract. Construction starts in the summer of this year. “The Spanish market is regaining momentum after a protracted lull, with

    Wind  rechargenews.com 05 Jan 10:52 GMT Bernd Radowitz in Berlin

    Gas Natural Fenosa cleared for 330MW of Australian wind

    Spain’s Gas Natural Fenosa (GNF) got the green light for 330MW of wind development in Australia after the Victoria state government approved a revised planning application. GNF unit Global Power Generation (GPG) plans to build the Hawkesdale and Ryan Corner wind farms 25km from Warrnambool in the Moyne Shire region of Victoria. The developer received consent after submitting proposals to reduce

    Wind  rechargenews.com 05 Jan 10:24 GMT Andrew Lee

    Ramboll cites 'strong renewables push' as Oil & Gas joins Energy

    Global engineering group Ramboll will merge its Oil & Gas and Energy divisions, citing a “strong push towards renewables and a growing focus on sustainability” as major fossil players embrace the energy transition. Denmark-based Ramboll said the merged unit – to be named Ramboll Energy – will be a “one-stop energy shop” better able to serve large players in a market where the likes of Statoil and

    Transition  rechargenews.com 05 Jan 09:12 GMT Andrew Lee

    Brazil to contract 70MW of storage to secure Roraima supply

    Brazil’s federal government has approved the contracting of 70MW of battery storage to be installed in the northern state of Roraima in a bid to avoid power outages. This is the first time that Brazil has looked into large-scale storage options, which will be contracted through a tender expected to be held in June this year, the government said. Roraima – located in the Amazon region and borderi

    Transition  rechargenews.com 04 Jan 14:45 GMT Alexandre Spatuzza in Sao Paulo

    Enel claims Oklahoma wind crown with 600MW switch-on

    Enel brought almost 600MW of turbines into service that the Italian group said makes it the leading operator in the key US wind state of Oklahoma. The Italian group’s 298MW Thunder Ranch and 300MW Red Dirt projects both began operations for its Enel Green Power (EGP) North America subsidiary after a combined investment of $855m. Wind industry again on edge over Oklahoma tax policies The proje

    Wind  rechargenews.com 04 Jan 13:53 GMT Andrew Lee

    Longyuan owner backs deal to create 30GW Chinese wind giant

    Creation of a 30GW-plus Chinese wind power giant moved a step closer when the parent group of Longyuan – the world’s biggest wind operator – approved a merger with another state-owned energy major. The board of Guodian Group – whose subsidiaries include Longyuan and the United Power turbine OEM business – on Thursday rubber-stamped a deal that will see it absorbed by China Energy Investment Corp.

    Transition  rechargenews.com 04 Jan 12:08 GMT Andrew Lee in London

    Australia set for more renewable storage as state backs Bulgana

    Plans for another major wind-plus-storage initiative in Australia took a step forward as the Victoria government backed a 204MW project linked to a battery. The Bulgana Green Power Hub will link wind and storage to power a major agricultural facility in the state. The Victoria government said it has inked a 15-year “support agreement” with French renewables developer Neoen, which is leading the

    Transition  rechargenews.com 04 Jan 10:07 GMT Andrew Lee

    Terna starts operations at Fluvanna 1 wind in Texas

    Greek utility Terna Energy has started operations at the 155MW Fluvanna 1 wind farm in Scurry County, Texas. Construction of the $250m project began in December 2016 and was completed in less than 12 months. The installation of the wind farm's final turbines late last year was responsible for a milestone in the history of Texas's power economy, tipping wind to 20GW and past coal on the main elec

    Wind  rechargenews.com 03 Jan 16:58 GMT Christopher Hopson in London

    Wind supplies record 43.6% of Denmark’s electricity

    Wind power in 2017 accounted for a record 43.6% of electricity consumption in Denmark – the global pacesetter in the sector – helped by strong winds that ended in a stormy December and provided an output of 14,700 gigawatt hours throughout the year, industry group Danish Energy said. That was up from a 37.6% wind share in Denmark’s electricity mix in 2016, and higher than the previous record of 4

    Wind  rechargenews.com 03 Jan 16:04 GMT Bernd Radowitz in Berlin

    Renewables storage market to hit $23bn by 2026: Navigant

    The global energy storage market for renewables is likely to exceed $23bn annually by 2026, according to a new study from Navigant Research. Navigant says revenues will grow significantly driven by the falling costs for energy storage systems, the reducing costs of renewable energy projects and grid resilience challenges brought on by renewables growth. The report, entitled Energy Storage and Re

    Transition  rechargenews.com 03 Jan 14:54 GMT Christopher Hopson in London

    UK's CDC launches Ayana to back South Asia renewables

    CDC Group – the UK governnment’s development finance body – has launched Ayana Renewable Power as a vehicle to develop “hundreds of megawatts” of wind and solar in South Asia. The new company will focus on developing projects in “underserved Indian states” and neighbouring nations such as Bangladesh, Nepal, Myanmar and Sri Lanka, said CDC in a statement. India signals 6.5GW wind power auction

    Transition  rechargenews.com 03 Jan 11:47 GMT Andrew Lee

    Major renewables projects to escape Innogy costs review

    Major wind and solar projects won’t be affected by any new cost-cutting measures at embattled German utility Innogy, a company spokesperson told Recharge. After issuing a profit warning and replacing former chief executive Peter Terium last month, Innogy this week reiterated its financial discipline targets and said it will review discretionary spending across all segments in the coming months fo

    Transition  rechargenews.com 03 Jan 09:09 GMT Bernd Radowitz in Berlin

    New York to seek at least 800MW of offshore wind power

    Governor Andrew Cuomo has called for procurement of at least 800MW of offshore wind power between two solicitations this year and in 2019, a move he believes will begin to position New York State as leader of the emerging US industry. Those moves will be followed by a “set schedule” of solicitations to reach a 2030 target of 2.4GW – the highest of any state – and create competition among develope

    Wind  rechargenews.com 03 Jan 02:31 GMT Richard A. Kessler in Fort Worth

    First Argentine wind farm in competitive power market online

    Argentina has commissioned its first wind farm with a power purchase agreement (PPA) in the competitive electricity market since the government published guidelines in mid-2016. Genneia, a local power generator, brought a $40m, 24MW expansion of its Rawson facility into commercial operation with President Mauricio Macri in attendance. The company signed a 20-year PPA with Loma Negra, the larg

    Wind  rechargenews.com 02 Jan 21:19 GMT Alex Spatuzza in Rio de Janeiro

    Trump to unveil $1trn infrastructure proposal this month

    The White House this month will release key elements of President Donald Trump’s long-awaited $1trn proposal to upgrade aging US infrastructure, a critical issue for the US wind industry which faces logistical challenges moving ever-larger turbine components to project sites and electric grid limitations. “We’re going to get infrastructure; infrastructure is the easiest of all. People want it, Re

    Wind  rechargenews.com 02 Jan 20:31 GMT Richard A. Kessler in Fort Worth

    German 2017 overall wind additions seen at close to 7GW

    Germany last year is estimated to have installed close to 7GW in new onshore and offshore wind capacity – an all-time record – as developers rushed to get projects built that are still entitled to feed-in tariffs (FITs) before all support switches to a tender-based system, the Bavarian section of the German wind energy federation BWE said. That is up from a combined 5.08GW in onshore and offshore

    Wind  rechargenews.com 02 Jan 11:46 GMT Bernd Radowitz in Berlin

    EDPR ties-up $507m of tax-equity finance for US wind and PV

    Portuguese renewables giant EDPR has completed $507m of tax-equity finance for its 2017 US wind and solar projects. The developer secured $439.6m for 363MW of wind from the bank of New York Mellon – $115m of which was put in place in September – in exchange for interests in the 100MW Meadow Lake V, 99MW Redbed Plains, 98MW Quilt Block and 66MW Hog Creek projects. The wind farms – respectively si

    Transition  rechargenews.com 02 Jan 11:17 GMT Andrew Lee

    India's Ireda plans IPO to boost renewable finance firepower

    India’s state-controlled renewables financing agency Ireda is planning an initial public offering (IPO) to boost its coffers as the country chases its ambitious capacity targets. The IPO by Ireda (the Indian Renewable Energy Development Agency) will be worth up to $140m, according to market commentators in India, with the agency planning to issue 139 million new shares – about 15% of the post-flo

    Transition  rechargenews.com 02 Jan 10:15 GMT Andrew Lee

    Late Americas flurry helps Vestas to record orders for 2017

    Wind OEM Vestas rounded off 2017 with a clutch of orders in the Americas that took its total for the year to a shade under 10.7GW, meaning it ends 2017 ahead of last year. A 190MW US order from an unnamed customer for the OEM's 4MW platform took the Danish group's year-to-date orders to 10.595GW, ahead of the record 10.494GW it secured in 2016. The 2017 tally does not include smaller, unannounced

    Wind  rechargenews.com 30 Dec 2017 Andrew Lee in London and Richard A. Kessler in Fort Worth

    MFG to keep US blade plant open after big GE, NextEra order

    Molded Fiber Glass (MFG) Companies has shelved plans to close its wind turbine blade manufacturing plant in Aberdeen, South Dakota, after receiving what it says is a “substantial new order.” "We are delighted and grateful for this unexpected order and what it means for our teammates and the community of Aberdeen," David Giovannini, senior vice president at MFG, said in a statement. GE and NextEr

    Wind  rechargenews.com 29 Dec 2017 Richard A. Kessler in Fort Worth

    Wind industry again on edge over Oklahoma tax policies

    Facing potential tax policy changes again next year in Oklahoma, some of the biggest US wind investors have sent Governor Mary Fallin a letter requesting they be included in any further discussions on the issue that could negatively impact their business and customers. “As one of Oklahoma’s growing industries, we must have a voice in the policy discussion to preserve Oklahoma’s place as a leader

    Wind  rechargenews.com 29 Dec 2017 Richard A. Kessler in Fort Worth

    New US policy ends legal threat for accidental bird deaths

    The US Department of the Interior (DOI) will no longer criminally prosecute wind farm owners if their turbines accidently kill migratory birds, reversing previous practice that resulted in the industry paying millions of dollars in fines and liable for additional penalties. The change, which also applies to other energy-related infrastructure, is the latest move by President Donald Trump’s admi

    Wind  rechargenews.com 29 Dec 2017 Richard A. Kessler in Fort Worth

    Vestas books 279MW of Swedish orders from Eolus Vind

    Wind OEM Vestas has bagged a 279MW order from Swedish developer Eolus Vind. The deal – which covers four projects – takes Vestas’ Swedish order intake above 1GW in 2017, the Danish manufacturer said. Vestas will deliver 74 V136-3.45 MW turbines, power optimised to 3.6MW or 3.8MW, for Eolus’s Kråktorpet, Nylandsbergen, Sötterfällan and Anneberg projects. Vestas set for 357MW in Sweden as OX2 and

    Wind  rechargenews.com 29 Dec 2017 Andrew Lee

    Iberdrola connects 350MW Wikinger to German grid

    Iberdrola has connected its 350MW Wikinger project to the German grid, in another landmark for the Spanish energy group’s expanding offshore wind base. The Baltic Sea wind farm was the first to be built by Iberdrola alone, and the company highlighted “technology challenges and extreme weather complications” as it hailed delivery of the €1.4bn ($1.67bn) project over 18 months. In Pictures – 350

    Wind  rechargenews.com 29 Dec 2017 Andrew Lee

    Eolfi backs W1N floating project despite Taiwan EPA blow

    French floating wind pioneer Eolfi said it remains confident its W1N project off Taiwan has a viable future, despite rejection by the country’s Environmental Protection Administration (EPA). Eolfi wants to develop a portfolio of five 500MW floating wind arrays off the Asian island nation, and earlier this month announced that Spanish group ACS would join it in the venture as a majority shareholde

    Wind  rechargenews.com 29 Dec 2017 Andrew Lee

    Actis to buy InterGen's portfolio of energy assets in Mexico

    Actis, the UK-based investment group that has become a significant renewables player in a number of emerging markets, has agreed to acquire a 2.2GW generation portfolio and other assets in Mexico from InterGen – including its in stake in the groundbreaking 155MW Energía Sierra Juárez wind farm, which sells its power in the US. InterGen, a Massachusetts-based independent power producer, will sell

    Wind  rechargenews.com 28 Dec 2017 Karl-Erik Stromsta in New York

    Agaoglu advances Turkish wind power plans with Nordex deal

    Turkish conglomerate Agaoglu Group plans to invest more than 1bn liras ($260m) in renewable energy next year, having already signed a supply deal with Germany’s Nordex for a first project. Ağaoğlu invested 700m liras in renewable energy in 2016 and 400m liras in 2017. By 2020, the group aims to top 5bn liras in renewables investments, it said. Aiming to reach its goal, Agaoglu and Nordex inked

    Wind  rechargenews.com 28 Dec 2017 Anamaria Deduleasa

    India signals 6.5GW wind power auction spree in early 2018

    India plans to end the 2017/18 financial year with a total of 9.5GW of wind power auctioned out, said the country’s power minister – more than expected just a few weeks ago – after revealing plans for a 6.5GW tendering flurry in the next three months. The massive tendering plan for the period ending 31 March – which minister RK Singh said will include 6GW under the country’s inter-state transmiss

    Wind  rechargenews.com 28 Dec 2017 Andrew Lee

    UK wind and solar trounce coal in 2017

    Wind and solar in the UK supplied twice the power of coal plants over the past year, according to data that underlines the growing role of renewables in Britain's electricity mix. The figures – from MyGridGB, and provided by BM Reports and Sheffield University covering the period from the beginning of December 2016 to the end of November 2017– showed that wind energy supplied 31.3 TWh, represent

    Wind  rechargenews.com 28 Dec 2017 Anamaria Deduleasa

    TRIG buys into the 316.8MW Sheringham Shoal wind farm

    London-listed investment company The Renewables Infrastructure Group (TRIG) has acquired a minority interest in the 316.8MW Sheringham Shoal offshore wind farm in the North Sea. Under the £80m ($107m) deal, TRIG bought a 14.7% indirect equity interest in the project, located off the coast of Norfolk. The acquisition represents TRIG's first allocation to the offshore wind sector and is consistent

    Wind  rechargenews.com 27 Dec 2017 Anamaria Deduleasa

    Vestas bags 118MW order in Mexico

    Vestas has inked a deal with Mexican company Compañía Eólica Vicente Guerrero for the supply of an 118MW wind farm in the state of Tamaulipas. Under the deal, with an undisclosed value, Vestas will supply the Vicente Guerrero project with 6 V136-3.45 and 27 V136-3.45 MW turbines of the same model delivered in 3.6MW power optimised mode. Solar on top as Mexico confirms record-low prices in thir

    Wind  rechargenews.com 27 Dec 2017 Anamaria Deduleasa

    Suzlon deploys Indian LiDAR as offshore wind plans take shape

    A group including Suzlon has commissioned its first LiDAR system in the waters off India, as the country advances its preparations for offshore wind deployment in the 2020s. The met station, 16km off Kutch in the state of Gujarat, will spend two years collecting data in a region that is expected to be among the first to see turbine deployment off India. Sited in water depths of 11 metres and sol

    Wind  rechargenews.com 27 Dec 2017 Andrew Lee

    EWT to open Dutch rotor blade factory

    EWT – a Dutch supplier of turbines up to 1MW in capacity – will open its own blade factory at Enschede in the Netherlands. EWT said setting up its own plant will "ensure continuity of production" of its DirectWind turbine range as it expands internationally. It also expects to continue to co-operate with third-party blade producers. Orsted stays away from Dutch zero-subsidy tender EWT said it

    Wind  rechargenews.com 27 Dec 2017 Christopher Hopson in London

    Innogy completes turbine installation at UK's Galloper

    The final turbine has been installed at Innogy’s 353MW Galloper wind farm about 30km off the coast of Suffolk, eastern England, with the project expected to be finished in spring 2018. Innogy said it concluded installation of all 56 Siemens Gamesa SWT-6.0-154 turbines on 22 December. The wind farm, which generated power for the first time on 5 November, will eventually be capable of powering abou

    Wind  rechargenews.com 27 Dec 2017 Christopher Hopson in London

    Eolus sells 232MW of wind projects to Aquila Capital

    Developer Eolus has signed an agreement to sell its Kråktorpet and Nylandsbergen wind farms in Sweden to Aquila Capital in a €264m ($313.5m) deal. The projects comprise 61 wind turbines with a combined installed capacity of 232MW. Under the deal, Eolus will construct both wind farms, which will be commissioned during 2019. The Kråktorpet wind farm will comprise 43 turbines with a capacity of

    Wind  rechargenews.com 27 Dec 2017 Anamaria Deduleasa

    NextEra buys Oklahoma piece of HVDC wind power line

    Clean Line Energy has sold the Oklahoma segment of its $2.5bn, three-state Plains and Eastern transmission project to NextEra Energy Resources, giving the nation’s largest wind and solar generator a greater stake in long-haul renewable energy delivery. Houston-based Clean Line did not make terms of the transaction public or say when it closed. It was not immediately clear if the deal will require

    Wind  rechargenews.com 26 Dec 2017 Richard A. Kessler in Fort Worth

    Pattern seals finance, taps Vestas for 300MW Ontario project

    Pattern Development announced the completion of C$1bn ($790m) of finance for its 300MW Henvey Inlet wind project, which will be the largest wind farm ever built in Ontario – and among the largest in Canada – when it is finished in early 2019. Vestas won an order for 87 of its 3.45MW turbines, with Pattern confirming to Recharge that it will be the first time it has ever worked with the Danish OEM

    Wind  rechargenews.com 26 Dec 2017 Karl-Erik Stromsta in New York

    Orsted stays away from Dutch zero-subsidy tender

    Global offshore wind leader Orsted (formerly Dong) decided to stay out of this week's zero-subsidy tender for up to 760MW off the Netherlands, instead focusing on Massachusetts. Orsted chief strategy officer Martin Neubert said the economics of the Dutch tender were uncertain, according to a report by the Reuters news agency confirmed to Recharge by the Danish group. Swedish utility Vattenfall a

    Wind  rechargenews.com 22 Dec 2017 Bernd Radowitz in Berlin

    Key US wind players express optimism after Congress passes tax bill

    As the dust began to settle on the implications for renewables from the US tax bill approved earlier this week by Congress, major wind players expressed optimism that the market will remain healthy in 2018 and beyond. “We believe the bill will enable the further growth of the wind energy industry, and the investments, jobs and renewable energy it generates,” Danish wind OEM Vestas, which owns a l

    Wind  rechargenews.com 22 Dec 2017 Karl-Erik Stromsta in New York

    Mainstream secures $50m to advance 320MW of Chile wind

    Irish renewable energy developer Mainstream Renewable Power has secured $50m in mezzanine financing for two wind farms with a combined capacity of 320MW that it has started building in Chile. The investment was made by Apollo Global Management in the 190MW Sarco and 129MW Aurora projects. Wind and solar at heart of Chile's emissions-cutting plan The plants were contracted at Chile’s 2016 powe

    Wind  rechargenews.com 22 Dec 2017 Alexandre Spatuzza in Sao Paulo

    Eolfi and Cobra join forces for 2.5GW of Taiwan floating wind

    French developer Eolfi and Cobra Concesiones, a subsidiary of Spanish construction conglomerate ACS, have formalised a partnership to develop a portfolio of five 500MW floating wind power projects off Taiwan. The tie-up, which involved Cobra taking a formal majority shareholdership in Eolfi Greater China, will provide a fillip to the W1N project off Taoyuan, currently in the running to be the wor

    Wind  rechargenews.com 22 Dec 2017 Darius Snieckus in London

    China unveils world's biggest carbon market for power sector

    China will launch a national carbon market that will begin life as the world’s largest, as part of its government's efforts to curb greenhouse gas emissions and fuel the country’s green economy. The macro-economy regulator of China’s National Development and Reform Commission (NDRC) this week announced the framework policy for launching a nationwide CO2 emission trading system, which initially co

    Transition  rechargenews.com 22 Dec 2017 Yuki Yu in Beijing

    Simplify wind policies or risk missing targets, Italy warned

    Italian wind industry body Anev warned the country’s government that it must carry through promises to simplify project permitting – especially for repowering – or it will fail to reach renewables goals set under new national energy targets up to 2030. The Italian government has published its Strategia Energetica Nazionale (SEN), with renewables now expected to account for 28% of total energy con

    Wind  rechargenews.com 22 Dec 2017 Anamaria Deduleasa

    Russia grants Vestas big tax breaks for wind blade plants

    Russian officials have approved a special investment contract (SPIC) between the country's industry ministry, the Ulyanovsk region and Vestas that grants the Danish wind OEM massive tax breaks in exchange for setting up wind turbine blade plants in Russia. “The wind power industry, the construction of wholesale wind farms and the production of components for turbines are a new industrial directio

    Wind  rechargenews.com 22 Dec 2017 Bernd Radowitz in Berlin

    Shell buys UK domestic energy supplier First Utility

    Oil giant Shell continued its repositioning for energy transition with a deal to buy First Utility, a UK domestic supply business. An independent challenger to the UK’s ‘big six energy players’, First Utility supplies about 825,000 homes with electricity and gas – a roughly 3% market share. Shell said the acquisition would help it prepare for a “new electricity value chain” in which consumers ha

    Wind  rechargenews.com 22 Dec 2017 Andrew Lee

    Innogy to buy EverPower’s 2GW US onshore wind pipeline

    German utility Innogy has signed an agreement to buy all shares in the US onshore wind development business of EverPower, currently owned by UK private-equity investor Terra Firma Capital Partners. Innogy's acquisition – which still needs approval from the US government and is expected to close in the second quarter of 2018 – will make it the sole owner of more than 2GW of onshore wind projects i

    Wind  rechargenews.com 22 Dec 2017 Bernd Radowitz in Berlin and Karl-Erik Stromsta in New York

    Indian wind price dips again to $38/MWh in Gujarat auction

    Indian wind power prices continued their downwards trajectory as an auction in the key wind state of Gujarat drove winning bids as low as 2.43 rupees/kWh ($0.038/kWh). The 500MW Gujarat wind tender is the largest held by one of India’s states, and the winning rates comfortably undercut the 2.64 rupees/kWh seen in the country’s second national auction, held in November. Many commentators predicte

    Wind  rechargenews.com 22 Dec 2017 Andrew Lee