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Large Offshore Wind Turbines Leading To Unsustainable Market Risks, Says Report  

A recent report by GCube, a leading underwriter for renewable energy projects, claims that all is not well with the deployment of large wind offshore turbines. The report titled “Vertical Limit: When is bigger not better in offshore wind’s race to scale?” talks about several market vulnerabilities created by using the latest technology meant to […]

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Subsidy-Free Offshore European Wind Bids On The Rise: GlobalData Report

The latest report by GlobalData, a data and analytics company, claimed that European countries are witnessing increased subsidy-free wind energy bids due to intense competition. However, the report said several factors have also led to the undersubscription of renewable energy auctions.  GlobalData’s latest report titled ‘Europe Renewable Energy Policy Handbook 2023’ pointed out that the […]

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GOWA Has Shot In The Arm: CIP Joins Alliance For 380-GW Offshore Wind Deployment Worldwide

Just when the world is grappled with renewables expansion to arrest climate change, the Copenhagen Infrastructure Partners (CIP) has announced that its joining the Global Offshore Wind Alliance (GOWA) is developing 380 GW of wind capacity globally and helping countries transform their economies using offshore wind power. GOWA is an international coalition founded by the […]

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Nordex Group to Supply 63 MW Turbines for Lithuania Wind Farm

The Nordex Group has announced that it has again received an order from Lithuania for the supply of turbines. The Group will supply eleven units of N163/5.X turbines for the 62.7 MW Jurbarkas II wind farm. The win project is being built by the Lithuanian project developer Green Genius. The order also includes, said Nordex […]

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Enercon Signs 6 MW Turbine Agreement with Enerjisa Üretim

Germany-based wind energy firm Enercon has entered into a contract with Turkey-based energy producer Enerjisa Üretim. The preliminary contract paves the way for the delivery of two wind turbine prototypes, under which, Enercon will be responsible for the supply of two of its 6MW E-175 EP5 type units. It will boast of a rotor diameter of […]

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First 29 Turbines of 100 MW Wind Farm in Ireland Kick Off Construction

The first 29 turbines of 100 MW Yellow River Wind Farm in Rhode, Co Offaly, Ireland, have kicked off construction. The project is being established by SSE Renewables, which is a developer and operator of renewable energy. Every turbine base will lend support to each of 29 Nordex N117/3600 wind turbines. The construction for the […]

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RWE Secures All Components For 1,000 MW Thor Offshore Wind Farm

Global renewables player RWE is making progress on Thor Offshore Wind Farm which is Denmark’s largest to date. RWE has announced to have selected all preferred suppliers for all main components for the wind farm. With a planned capacity of more than 1,000 MW, Thor will be built in the Danish North Sea,off Jutland coast. […]

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EBRD Lends €29 Million For Albania’s 140MW Solar Project

The European Bank for Reconstruction and Development (EBRD) has said that its lending €29 million to an Albanian special-purpose vehicle, owned by France’s Voltalia, to develop the 140 MW Karavasta solar plant. This solar power plant will come up in the Fier area of south-western Albania. The EBRD is anchoring the €99 million financing structure […]

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Octopus Energy Eyes 20-GW Renewable By Decade End As It Opens 7 New Wind Farms

The UK based renewable energy player Octopus Energy has set a new target of 20GW that it wants to achieve by 2030 as it announced to have opened seven new onshore wind farms across Europe since 2022 in various countries. Octopus Energy manages £6 billion of renewable assets and energy translation projects globally. The seven […]

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