Fred Olsen Renewables’ long-brewing acquisition of the Icebreaker US offshore wind project is “going to happen”, says the Lake Erie Energy Development Co. (LEEDCo), which also confirmed MHI Vestas as the “preferred supplier” for its 20.7MW project off the coast of Cleveland, Ohio.
The growth of wind energy in Germany will slow down in coming years, and globally will increasingly move to Asia and offshore, Commerzbank renewables specialist Günter Tallner said in the run-up to the WindEnergy Hamburg show next week.
23 September 2016 10:57 GMT
Cuts in support for China's PV installations have led to a new global glut in panels offered by Chinese companies below production prices that are seriously violating European anti-dumping measures, lobbying group EU ProSun claimed.
22 September 2016 10:51 GMT
Lekela Power, the African renewables platform backed by Ireland’s Mainstream Renewable Power and private-equity investor Actis, scored $250m in financing and $70m in reinsurance from the US Overseas Private Investment Corporation (OPIC) for a 158MW wind farm in Senegal.
21 September 2016 06:12 GMT
SolarWorld is cutting 500 temporary jobs from outsourced labour suppliers at its German production sites, as the PV manufacturer reduces its output amid what it claims to be renewed "massive dumping on the solar market" by Chinese producers.
21 September 2016 11:29 GMT
In another sign of the consolidation in the renewables operations and maintenance (O&M) sector, independent wind service provider Deutsche Windtechnik has bought 70% of the shares of Dutch-German offshore operations management company OutSmart.
21 September 2016 09:29 GMT
Siemens will deliver a quartet of new-look wind power turbine units made up of 7MW machines mated to gravity jacket foundations, plus built-in high voltage transformer, cable and switchgear systems, for the recently awarded 28MW Nissum Bredning Vind pilot off Denmark.
20 September 2016 01:01 GMT
Renewables account for more than 30% of global power capacity after a period of “spectacular growth”, said the World Energy Council (WEC) in a new study that urges governments to do more to integrate variable wind and solar.
20 September 2016 08:02 GMT
UK Prime Minister Theresa May’s final approval for the £18bn ($23.8bn) Hinkley Point C nuclear power station in southwest England was slammed by critics as being "a lousy deal" – while the International Energy Agency (IEA) questioned nuclear's ability to match renewables' cost reduction pathway.
19 September 2016 12:38 GMT
The scale of both the global wind industry and its largest trade expo, WindEnergy Hamburg, could be seen in the heavy-lift arrival today of the world's largest-ever turbine gearbox, a specially designed "exhibition model" of Winergy's 8MW unit, at Hamburg Messe.
19 September 2016 11:32 GMT
Many nations face a dual challenge: They want to reduce their carbon footprint to fight climate change and at the same time have to retire their ageing and inefficient conventional power plants and replace them with new and clean sources of energy.
16 September 2016 02:42 GMT
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